Ng Swee Hong

This is a Chinese name; the family name is Ng.

Ng Swee Hong (Chinese: 黃垂豐; pinyin: Huáng Chuífēng; 1935 - September 16, 2006) was a Malaysian Chinese businessman who founded Pacific Andes company.

Ng Swee Hong moved to Singapore in 1963 where he amalgamated interests that ranged from trading rice and other commodities and chartering out cargo vessels to running a shrimp and fish business in Taiwan. He also dabbled in local real estate.

However, a series of corporate bankruptcies in Singapore sent the stock and real estate markets crashing in the early 1980s, and the Ng family found itself wiped out with close to $30 million in debt.

The Ng's family sold everything in their ownership and moved to Hong Kong in 1985. They soon activated the shell of Pacific Andes. In its early life the company imported fish from India, Pakistan and South America and sold it to Taiwan. This was the germ of what became its global fishing business. Pacific Andes took on exporting shrimp to the U.S. and U.K. from Taiwan and China.

The company grew into a large fishing conglomerate and raised several issues and were monitored by various governments. [1][2]

Ng remained as chairman until his death on 16 September 2006.

Notes

  1. ↑ BBC: The Alphabet Boats - Illegal longline fishing
  2. ↑
This article is issued from Wikipedia - version of the 4/7/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.