Car business is not a sunset industry, says Komoco chairman Teo Hock Seng
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Mr Teo Hock Seng's journey with the motor trade started by accident.
ST PHOTO: GAVIN FOO
SINGAPORE - Despite Singapore's continuing measures to curb its vehicle population, Mr Teo Hock Seng, executive chairman of diversified motor group Komoco Holdings, does not believe the car business is a sunset industry.
Says the 74-year-old: "Sunset or sunrise, the stayers will fight and will remain. I don't think the Government can say 'no more cars on the road'. They can try, but they will get a lot of brickbats.