Ong Beng Seng Retains PR Status Amid Legal Challenges

Amidst ongoing legal challenges, Malaysian billionaire Ong Beng Seng has successfully retained his Singapore permanent residency status. Despite receiving a Letter of Warning in relation to a legal case involving obstruction of justice, the Singaporean authorities decided not to revoke his PR status. This decision holds significant implications for foreign investors and their perception of Singapore’s inclusive PR policies.