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Draft:Kiat Lim

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Kiat Lim
Kiat Lim in April 2024
Born
Lim Wee Kiat

(1993-07-05) 5 July 1993 (age 31)
NationalitySingaporean
Alma materUniversity of New South Wales
OccupationBusinessman
Years active2018–present
Known forHis roles at Thomson Group and Valencia CF
Children2
FatherPeter Lim

Lim Wee Kiat or Kiat Lim (Chinese: 林伟杰; born 5 July 1993) is a Singaporean businessman known for his role at Thomson Medical Group,[1] his involvement in various business ventures across multiple sectors, and as a board member at Valencia CF.[2][3]

He is the son of Singaporean business magnate Peter Lim.[4]

Early life and education

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Kiat Lim was born in Singapore in 1993 as the only son of Singaporean investor and philanthropist, Peter Lim. He grew up and got his early education in Singapore before moving to Australia to pursue his undergraduate studies.

Lim graduated from the University of New South Wales in Australia with a Bachelor of Science degree in Psychology.[1]

Business career

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Lim started his professional business career in 2017 at Kestrel Capital Pte Ltd. as Vice President (Investments).[5] At the helm, he oversaw investments, and managed venture capital funds and corporate finance transactions.[6]

In March 2019, Lim was appointed a non-executive non-independent director of Thomson Medical effective immediately.[5] In December 2021, he was redesignated Executive Director and CEO of Thomson X, a technological subsidiary of the Group, effective 1 January 2022.[7]

In August 2022, Lim was appointed Executive Vice-Chairman of the Group, assuming responsibility for the Group's growth strategies.[8]

In July 2023, Lim led Thomson Medical's acquisition of FV Hospital in Ho Chi Minh City, Vietnam.[9] The acquisition, valued at SGD 517 million (USD 381 million),[10] was the largest ever healthcare transaction in Vietnam at the time[11] and, at announcement, the biggest healthcare acquisition in Southeast Asia since 2020.[12][6]

In October 2023, Lim was appointed Chairman of RSP Architects Planners & Engineers, where he led a brand refresh of one of the oldest architectural firms in Singapore, first established in 1956.[13] Under his leadership, RSP launched new initiatives like RSP.SM Energy Group, RSP Lifestyle Group, RSP Academy, and RSP META, to address sustainability and innovation needs.[14][15]

Entrepreneurial ventures and investments

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In 2021, Lim co-founded zujuGP alongside his father Peter Lim, in partnership with footballer Cristiano Ronaldo.[16][17] zujuGP is a community platform aimed at connecting football fans and businesses using technology.[16]

In 2022, Lim ventured into the web3 market through his partnership with Elroy Cheo, a Singaporean entrepreneur, to launch ARC, a private digital community that would use non-fungible tokens to authenticate membership.[18] The venture, Asia's first app-based community with an NFT membership was later joined by JJ Lin as a co-founder.[19]

Lim acquired a majority stake in GRVTY Media in 2022, extending his entrepreneurial footprint to the media.[20]

Philanthropic and community engagement

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Lim is involved in and supports charity organizations like the Singapore Olympic Foundation-Peter Lim Scholarship and the NParks-Peter Lim Scholarship.[21]

In November 2023, in support of The Hut, a children and youth centre in Marine Parade GRC, Lim sponsored a fully paid trip to Manchester for eight children and young people, including tickets to watch English Premier League football club Manchester United play at Old Trafford. The trip sponsorship is in addition to an SGD 20 million pledge the Lim family has made towards community projects for children.[22]

See also

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References

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  1. ^ a b "Our Leadership: Kiat Lim". Thomson Medical. Retrieved 28 February 2024.
  2. ^ "Board of Directors". Valencia CF. Retrieved 28 February 2024.
  3. ^ Valencia CF (14 December 2022). "Kiat Lim: We Want to be More Open with the Valencia CF Fans". Valencia CF. Retrieved 2 March 2024.
  4. ^ "Peter Lim". Forbes. Retrieved 28 February 2024.
  5. ^ a b Lee, Marissa (14 March 2019). "Thomson Medical names new CFO; appoints Peter Lim's son as director". The Business Times. Retrieved 2 March 2024.
  6. ^ a b Burgos, Jonathan (10 October 2023). "Billionaire Peter Lim's Thomson Medical Aims to Spread Wings Across Southeast Asia". Forbes. Retrieved 28 February 2024.
  7. ^ "Thomson Medical Group Limited Announces Board Changes, Effective 1 January 2022". Market Screener. 1 December 2021. Retrieved 2 March 2024.
  8. ^ "Thomson Medical Appoints Lim Wee Kiat as Executive Vice Chairman Effective from Sept. 1, 2022". Market Screener. 29 August 2022. Retrieved 2 March 2024.
  9. ^ Chew, Elffie (12 July 2023). "Singapore's Thomson Medical to Buy FV Hospital for $381 Million". Bloomberg. Retrieved 28 February 2024.
  10. ^ "Thomson Medical Acquires FV Hospital in Vietnam for S$517M". Health 365. 12 July 2023. Retrieved 28 February 2024.
  11. ^ "Thomson Medical Group's Kiat Lim leads acquisition of FV Hospital". Vietnam Investment Review. 12 July 2023. Retrieved 28 February 2024.
  12. ^ Sreenivasan, Ven (12 July 2023). "Thomson Medical buys Vietnam's largest private hospital for $517 million". The Straits Times. Retrieved 2 March 2024.
  13. ^ "RSP refreshes brand identity, charts new expertise ecosystem to pioneer growth in built environment sector". Panels & Furniture Asia. 6 October 2022. Retrieved 3 March 2024.
  14. ^ Pavapathi, Vanitha (23 October 2023). "RSP unveils new business initiatives to meet future demands of the built environment". Indesign Live. Retrieved 3 March 2024.
  15. ^ "新加坡雅诗柏设计事务所举行品牌更新发布会暨新办公室乔迁典礼-新华丝路".
  16. ^ a b zujuGP. "About Us: Connecting football fans across the globe through digital communities". zujuGP. Retrieved 3 March 2024.
  17. ^ Burgos, Jonathan (13 April 2022). "Billionaire Peter Lim's ZujuGP Buys Tokigames as Digital Platform Pursues Online Football Gamification". Forbes. Retrieved 3 March 2024.
  18. ^ Burgos, Jonathan (5 January 2022). "Singapore's Next-Gen Tycoons Join NFT Craze With Launch Of Collaboration Platform For Entrepreneurs". Forbes. Retrieved 3 March 2024.
  19. ^ Dass, Camillia (8 July 2022). "JJ Lin Joins Arc, Asia's First Private NFT Club, as a Co-Founder". Tatler Asia. Retrieved 3 March 2024.
  20. ^ "Kiat Lim acquires majority share in Vulcan Post parent firm GRVTY Media". August 2022.
  21. ^ "Payout of S$1.25m from Singapore Olympic Foundation-Peter Lim Scholarship is largest ever". YouTube. 10 July 2023.
  22. ^ "'Resilient' children, young people earn dream all-expenses paid holiday to Manchester". The Straits Times. 25 November 2023.