Contacted on Thursday evening, Mr Sim told The Business Times that he could not comment, citing advice from his lawyers. His daughter Rachel, 27, has been appointed a non-executive director. Mr Sim, 58, will be V3's executive chairman and chief executive officer.
Leaving school after his O Levels, Mr Sim was first a household appliance salesman before venturing in the s into retailing household goods like knives, hand-held massagers and foot reflexology rollers.
That was Sept. Fast forward to April 8 months later and the same problem occured. Money raised will also finance acquisitions, new store openings, store upgrades, and branding and marketing activities.
She was very relieved that I told her about my problems as she has small living space and really liked my description of how the UDiva chair was very compact.
He expanded to Hong Kong in after he was hit hard by the recession in Singapore. Seizing an opportunity after share prices plunged inMr Sim launched his takeover offer for OSIM in Marchciting the need to reorganise his company without compliance burdens.
Temasek fund Vanda 1 Investments owns 21 per cent of Futuristic.