Origins
Lim Peng Siang, the son of Lim Ho Puah and the only daughter of Wee Bin, the founder of Wee Bin & Co. He was born in Amoy, Fujian, China in 1872. After receiving his education in Chinese, he travelled to Singapore when he was still very young. Like his father, Mr. Lim Peng Siang was a naturalised British subject and had been so since 1902. He received private tuition in acquired most of his English education from private tuition. He was a student at the St. Joseph's Institution.
He joined the firm of Wee Bin & Co., which was then under the management of his father, Lim Ho Puah, and eventually rose to its head before setting out to start the Ho Hong Group. He took over the greater part of the firm's business, including the large steamers when the firm of Wee Bin & Co. was liquidated in 1911
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