Biography
The son of a fishmonger, Peter Lim was educated at the Raffles Institution and obtained a degree in accountancy at the University of Western Australia. Singapore's Sunday Times described him as "publicity shy" and supporting education without seeking the spotlight, having worked as a cab driver, a cook and a waiter during his university days.
Lim became a stockbroker for mainly Indonesian clients. His successful returns earned him the nickname "Remisier King" (Singapore term for stockbroker).
In 1996, he became a fulltime investor, investing $10 million in palm oil producer Wilmar International, now valued at $700 million. Lim is also the second-largest investor in fashion distributor FJ Benjamin. He then invested in logistics and the agri-business.
In October 2010, he bought the entire share holdings from Dr. Cheng Wei Chen and family, founder of Thomson Medical Centre Limited, at a price of S$1.75 per share.
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