Canada-trained medical doctor Cheo Tong Choon runs edible oils refiner Mewah International, started by his late father, Cheo Peng Hong, in the 1950s. Dr. Cheo and his family are ranked #49 on the Forbes Singapore’s 50 Richest list.
A doctor turned oil tycoon
Dr. Cheo obtained a Doctor of Medicine (MD) degree from the University of Saskatchewan, Canada and is a member of the Royal Colleges of Physicians of the United Kingdom in internal medicine. He practiced as a registered medical practitioner from 1975 to 1986 with a group of medical specialists.
Dr. Cheo has more than 20 years of experience in the edible oils and fats business in Singapore and Malaysia. He was responsible for establishing the Mewah group of companies in Malaysia, which included Ngo Chew Hong Oils & Fats (M) Sdn Bhd, and its subsidiaries, Mewaholeo Industries Sdn Bhd and Mewah-Oils Sdn Bhd. Dr. Cheo also established subsidiary, Moi Foods Malaysia Sdn Bhd, which is primarily in the business of packing and marketing consumer pack products. Dr. Cheo is responsible for setting the strategic direction of its Group and under his direction, its Group has expanded into refining, manufacturing and trading of palm oil and related products. Be inspired by other investors at the Singapore Exchange by following them on the Spiking app today.
King of the Agri-business
Dr. Cheo Tong Choon serves as the Chairman of Mewah International Inc, and has been its Executive Director since October 29, 2010. Dr. Cheo is responsible for the overall strategy and direction for the group.
Mewah Group is an integrated agri-business focused on edible oils and fats. One of the largest palm oil processors in the world by capacity, Mewah produces a wide range of refined and fractionated vegetable oils and fats principally from palm oil. It also produces oils and fats from lauric oils, such as palm kernel oil and coconut oil; and from soft oils, such as soybean oil, canola oil, sunflower seed oil and corn oil. Featuring integrated operations throughout the edible oils and fats value chain, from sourcing and processing of raw materials to packing, branding, merchandising, shipping and distribution of the products, Mewah’s products are sold to customers in more than 100 countries, duly supported by its wide range of brands including long established and well recognized Oki and Moi brands.
Mewah is a global consumer products business by expanding range of consumer products, offering specialised applications and customer solutions while consolidating its position in oils and fats business. Check out super SGX stocks like Mewah International Inc with the Spiking app now.
Dr. Cheo in Action
Dr. Cheo’s latest trading activities include reducing 4.5M deemed shares of Mewah International Inc in late September. He also increased 342,600 deemed shares of the same company at $0.255 at the same period of time.
Follow the investing action of Dr. Cheo Tong Choon at https://spiking.com/v/cheotongchoon, and check out the performance of Mewah International Inc at https://spiking.com/sgx/mv4-mewah-international-inc. Download the Spiking app at the App Store or from Google Play for real-time updates on the latest SGX stock spiking, and from more than 11,000 sophisticated investors. To subscribe to the Spiking Weekly Newsletter, visit the Spiking homepage today.