Tecity Group
Singapore single family office founded by the late banker Tan Chin Tuan and led by his grandchildren; owns 69.6% of listed Straits Trading Company.
USEFUL FOR Co-investors
Family & background
- HEADQUARTERS
- Singapore, Singapore
- FOUNDED
- 1975
Investment approach
- ROUTES
- Direct investments
- STRATEGIES
- Public equities
Overview
Tecity Group was founded by the late banker and philanthropist Tan Sri (Dr) Tan Chin Tuan, and its family office began in the 1970s with a group of private investment companies; it calls itself one of the most structured single family offices in Asia. It is led by his grandchildren, Chew Gek Khim (Executive Chairman), Chew Gek Hiang and Chew Kwee San. The group comprises an investment arm (The Tecity Family Office), a listed arm (Straits Trading Company Limited, in which it owns 69.6%), a philanthropic arm (The Tan Chin Tuan Foundation) and the Tan Chin Tuan Mansion. Its portfolio grew from stakes in British-owned companies bought from the mid-1950s, such as Raffles Hotel, Great Eastern Life and Fraser and Neave.
Investment thesis
Long-term, high-conviction investing based on in-depth research, with quiet engagement and activism in significant investee companies, following the founder's principles.
Holdings & investments (1)
INVESTMENT ARMS & VEHICLES
- The Tecity Family OfficeInvestment arm
- Straits Trading Company LimitedPublic-listed arm
- The Tan Chin Tuan FoundationPhilanthropic arm
HOLDINGS & INVESTMENTS · MOST RECENT FIRST
- Straits Trading Company Limited
People
Classification
Single Family Office. Manages one family's own capital, with no outside investors. The family bears every loss. How family capital is classified →
FAQ
Tecity Group is a single family office based in Singapore, Singapore, founded in 1975.
Tecity Group invests directly in companies. Its stated asset mix includes public equities.
Key people at Tecity Group include Chew Gek Khim (Executive Chairman), Chew Gek Hiang (Executive Director), Chew Kwee San (Executive Director) and David Goh (Chief Strategist).
Tecity Group's holdings and investments include Straits Trading Company Limited.