Ong Beng Seng to step down from Hotel Properties Ltd, citing health reasons.
ByAinvest
Sunday, Apr 13, 2025 9:20 pm ET1min read
INN--
ONG--
Billionaire Ong Beng Seng, managing director of Hotel Properties Ltd, will step down due to health reasons and not seek re-election as a board director. He is set to plead guilty in a court case related to a graft scandal involving former Singapore minister S. Iswaran. Ong, 79, requested more time to get medical reports and ongoing treatment for his condition.
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