Despite spending nearly three decades of his career in the real estate investment and management industry, Desmond Tang has yet to experience a dull day. That’s because the real estate industry has continued to prove its resilience amid disruptive trends. And Tang’s start-up experience – prior to leading Straits Real Estate (SRE), a wholly owned subsidiary of SGX-listed The Straits Trading Company – has come in handy. “Real estate is never boring,” said Tang, the Chief Executive Officer of SRE. “Despite its image as a traditional old-fashioned industry – a common parochial view – real estate is difficult to replace, even as economies evolve, and technology changes lives and businesses.” “People talk about modernising real estate, but the truth of matt

The term “billionaire” gets thrown around quite often these days. While the definition of billionaire typically refers to an individual with a net worth of at least USD 1 billion, some lists like Forbes Singapore’s 50 Richest also include married couples or family accumulated wealth. In an SGX Market Update report earlier this week, SGX highlighted a list of some of the best-performing stocks in 2021 on SGX with a market capitalisation of at least S$1 billion. While there are 89 primary-listed stocks on the SGX with a market capitalisation of at least $1 billion, some of these companies like DBS, Singtel and Singapore Airlines, are owned by large institutional shareholders as opposed to being owned by a small group of individuals. In this week’s edition of 4 Stocks This Week, we t