SME Magazine shines spotlight on entrepreneur

Her family runs Woh Hup, the construction giant behind some of Singapore's most iconic developments, including Gardens by the Bay, Clifford Pier, Changi Prison and MacDonald House.

But Ms Michelle Yong, 39, is an entrepreneur in her own right.

The latest issue of The SME Magazine, which will be out tomorrow together with The Business Times, looks at how she has ventured into the co-working space and started multi-million venture capital fund Aurum Investments to invest in promising proptech start-ups.

The mother of three initially had no intention to join the family business, and had harboured hopes of becoming an academic instead. Ms Yong shares with The SME Magazine why her plans changed, her experience working with family, and new developments in the pipeline.

The July/August issue of the magazine also examines the small and medium-sized enterprises (SMEs) involved in the construction sector.

For many of these firms, the past two years were considered a baptism of fire with the weak property market. But the recent collective sale fever and the move to bring forward public-sector projects have led industry watchers to believe there is light at the end of the tunnel.

While waiting for the sector to bottom out, some construction SMEs are finding creative ways to make the most out of the situation. The SME Magazine looks at how firms are gearing up for the big property pick-up by investing in talent and technology.

A version of this article appeared in the print edition of The Straits Times on July 03, 2018, with the headline 'SME Magazine shines spotlight on entrepreneur'. Print Edition | Subscribe