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Wee Meng Koh

Koh Wee Meng

Koh, 51, is best known for his Fragrance chain of budget hotels, which started in the red light district of Geylang, but the savvy entrepreneur has also made a fortune from investing in real estate. He has been involved in over 100 property projects in Singapore since 1992, and is now acquiring prime real estate in Australia. Meanwhile, he continues to expand his hotel empire, opening the upmarket Parc Sovereign in Little India in 2011.