Singapore Tycoon Lim Hock Chee’s Sheng Siong Grocery Chain Plans $402 Million Expansion
A Sheng Siong outlet in Singapore. Sheng Siong Group Sheng Siong Group—controlled by Singapore tycoon Lim Hock Chee and his family—is investing S$520 million ($402 million) to expand its grocery store chain and warehouse in the city-state. The company plans to open three new stores every year over the next 10 to 15 years, boosting…