We’re going to bring you an inside look into a local apparel maker turned investment holding firm.

Founded in 1951, Sing Lun started as a textile trading firm along Circular Road and has seen its business transform over the decades. 

For one thing, the firm expanded into apparel manufacturing in 1968 when the second generation owners took over.

Over the years, Sing Lun evolved to become the manufacturer for top outdoor and sportswear brands such as The North Face, Puma and Under Armour. And its annual revenue – a whopping US$185 million as at 2016. 

But as people say, change is the only constant, and Sing Lun has yet changed once again. 

It merged its textile manufacturing business SL Global with Crystal International Group in Hong Kong in 2016 to become the second largest apparel manufacturer in the world. 

Today, Sing Lun Holdings is known as a privately-owned investment holding company with business interests worldwide. Its portfolio includes three main verticals: real estate holdings, industrial and business services and investments and private equity.

But what were the reasons behind the move to divest SL Global and what does the divestment of its apparel manufacturing mean for the firm? What is the firm focusing on next?

On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Mark Lee, CEO, Sing Lun Holdings.

We’re going to bring you an inside look into a local apparel maker turned investment holding firm.
Founded in 1951, Sing Lun started as a textile trading firm along Circular Road and has seen its business transform over the decades. 
For one thing, the firm expanded into apparel manufacturing in 1968 when the second generation owners took over.
Over the years, Sing Lun evolved to become the manufacturer for top outdoor and sportswear brands such as The North Face, Puma and Under Armour. And its annual revenue – a whopping US$185 million as at 2016. 
But as people say, change is the only constant, and Sing Lun has yet changed once again. 
It merged its textile manufacturing business SL Global with Crystal International Group in Hong Kong in 2016 to become the second largest apparel manufacturer in the world. 
Today, Sing Lun Holdings is known as a privately-owned investment holding company with business interests worldwide. Its portfolio includes three main verticals: real estate holdings, industrial and business services and investments and private equity.
But what were the reasons behind the move to divest SL Global and what does the divestment of its apparel manufacturing mean for the firm? What is the firm focusing on next?
On Under the Radar, The Evening Runway’s finance presenter Chua Tian Tian posed these questions to Mark Lee, CEO, Sing Lun Holdings.

We speak with businesses, industry leaders, venture capitalists and startups on their assessment of the business environment they're in, and what the future holds for them.

We speak with businesses, industry leaders, venture capitalists and startups on their assessment of the business environment they're in, and what the future holds for them.

Under The Radar

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters with Hongbin Jeong and Chua Tian Tian

MONEY FM 89.3 is Singapore’s first and only Business and Personal Finance station. MONEY FM is a 24-hour English talk format station featuring local and international business and financial news. We provide you with financial market and currency updates and insights from analysts, economists, policy makers, industry experts and business owners.

In the lighter hours, listen to discussions on social issues and features on topics that include health, education, arts and music.

MONEY FM 89.3 is Singapore&rsquo;s first and only Business and Personal Finance station. MONEY FM is a 24-hour English talk format station featuring local and international business and financial news. We provide you with financial market and currency updates and insights from analysts, economists, policy makers, industry experts and business owners.
In the lighter hours, listen to discussions on social issues and features on topics that include health, education, arts and music.

MONEY FM 89.3 is Singapore’s first and only Business and Personal Finance station.

MONEY FM 89.3

Under the Radar: From making activewear for Under Armour, Puma and The North Face to becoming an investment holding firm - What’s next for Sing Lun Holdings post merger of apparel business with HK’s Crystal International Group

Today we’re going to take you through the company behind the GLP-1 drugs Wegovy and Ozempic that are used to treat obesity and diabetes. 

Founded in 1923 and headquartered just outside Copenhagen in Denmark, Novo Nordisk prides itself as a global healthcare company that aims to drive change to defeat serious chronic disease and build on its heritage in diabetes. 

The Danish drugmaker said it seeks to do so by pioneering scientific breakthroughs, expanding access to its medicines and working to prevent and ultimately cure the diseases it treats. 

Fast forward to today, Novo Nordisk’s global footprint spans across 170 countries, with production facilities in 13 of them, and 10 research and development centres in key markets China, Denmark, India, the UK and the US. 

Novo Nordisk is a company to watch because of its breakthrough GLP-1 injectable medications for diabetes and obesity care in recent years. But what are the key drivers of growth for the firm right now?

Meanwhile, concerns surrounding competition against other industry peers such as Eli Lilly continue to weigh on investors’ minds as they mull what the next battleground for the big pharmaceutical players will be. 

That’s especially so with the expiry of the firm’s patents in key markets nearing.

But it seems like oral pills are the next chapter for pharmaceutical firms targeting the obesity market, with Novo Nordisk rolling out its first GLP-1 pill for weight loss in the US earlier in January.

With Goldman Sachs in 2025 forecasting the daily oral pills will capture about a quarter of the anti-obesity medication market by 2030, how will Novo Nordisk’s oral GLP-1 medications augment its growth trajectory?

On Under the Radar, Money Matters’ finance presenter Chua Tian Tian posed these questions to Jay Thyagarajan, Senior Vice President, Region APAC, Novo Nordisk.

Today we&rsquo;re going to take you through the company behind the GLP-1 drugs Wegovy and Ozempic that are used to treat obesity and diabetes.&nbsp;
Founded in 1923 and headquartered just outside Copenhagen in Denmark, Novo Nordisk prides itself as a global healthcare company that aims to drive change to defeat serious chronic disease and build on its heritage in diabetes.&nbsp;
The Danish drugmaker said it seeks to do so by pioneering scientific breakthroughs, expanding access to its medicines and working to prevent and ultimately cure the diseases it treats.&nbsp;
Fast forward to today, Novo Nordisk&rsquo;s global footprint spans across 170 countries, with production facilities in 13 of them, and 10 research and development centres in key markets China, Denmark, India, the UK and the US.&nbsp;
Novo Nordisk is a company to watch because of its breakthrough GLP-1 injectable medications for diabetes and obesity care in recent years. But what are the key drivers of growth for the firm right now?
Meanwhile, concerns surrounding competition against other industry peers such as Eli Lilly continue to weigh on investors&rsquo; minds as they mull what the next battleground for the big pharmaceutical players will be.&nbsp;
That&rsquo;s especially so with the expiry of the firm&rsquo;s patents in key markets nearing.
But it seems like oral pills are the next chapter for pharmaceutical firms targeting the obesity market, with Novo Nordisk rolling out its first GLP-1 pill for weight loss in the US earlier in January.
With Goldman Sachs in 2025 forecasting the daily oral pills will capture about a quarter of the anti-obesity medication market by 2030, how will Novo Nordisk&rsquo;s oral GLP-1 medications augment its growth trajectory?
On Under the Radar, Money Matters&rsquo; finance presenter Chua Tian Tian posed these questions to Jay Thyagarajan, Senior Vice President, Region APAC, Novo Nordisk.

Under the Radar: How is Wegovy and Ozempic maker Novo Nordisk navigating the next battleground for anti-obesity medication with its GLP-1 oral pills, and how far is it diversifying beyond metabolic health to manage long-term risks?

This time, Money Matter’s finance presenter Chua Tian Tian reports from aboard the new Disney Adventure, the first Disney Cruise Line ship for guests in Asia and also the first to be homeported out of Singapore.

Drawing on over 100 years of storytelling from Disney, Marvel and Pixar franchises, Disney Adventure promises to fill everyone with endless adventures and a magical experience.

The ship has a passenger capacity of 6,700 and boasts seven themed areas, including the Marvel Landing which features the longest rollercoaster at sea. 

Its maiden voyage will take place on the 10th of March or next Tuesday, and will operate as a “Cruise to Nowhere”. 

In this Special, “On the Go” episode of Under the Radar, Tian Tian brings you more on the christening ceremony of Disney Adventure, as well as a sneak peek into what to expect aboard as she spends the next couple of days exploring the ship during its preview sailing.

This time, Money Matter&rsquo;s finance presenter Chua Tian Tian reports from aboard the new Disney Adventure, the first Disney Cruise Line ship for guests in Asia and also the first to be homeported out of Singapore.
Drawing on over 100 years of storytelling from Disney, Marvel and Pixar franchises, Disney Adventure promises to fill everyone with endless adventures and a magical experience.
The ship has a passenger capacity of 6,700 and boasts seven themed areas, including the Marvel Landing which features the longest rollercoaster at sea.&nbsp;
Its maiden voyage will take place on the 10th of March or next Tuesday, and will operate as a &ldquo;Cruise to Nowhere&rdquo;.&nbsp;
In this Special, &ldquo;On the Go&rdquo; episode of Under the Radar, Tian Tian brings you more on the christening ceremony of Disney Adventure, as well as a sneak peek into what to expect aboard as she spends the next couple of days exploring the ship during its preview sailing.

Under the Radar: (SPECIALS) A sneak peak into the new Disney Adventure homeported out of Singapore

Today we’re going to take you through the ins and outs of a leading independent digital wealth platform in Asia that provides bespoke investment solutions for personal savings, private wealth and even public pension (say in the case of CPF and SRS in Singapore). 

Founded in 2017, our guest for today Endowus operates out of both Singapore and Hong Kong with a vision to help investors grow their wealth holistically and offer what it describes as conflict-free advice and access to institutional financial solutions, through a personalised digital wealth experience. 

Fast forward to today, the firm works with over 80 global fund managers to provide access to investment strategies across public and private markets, hedge funds and alternatives. 

The digital wealth platform had also in October 2025 crossed US$10 billion in assets under management after seeing record inflows and assets from Hong Kong customers tripling. The firm also noted that its alternative business surged to over US$500 million. 

So what’s driving the numbers and what are the growth trends for the firm with Federal Reserve interest rates set to fall further this year?

At the same time, Endowus also raised over US$70 million that same month, in a funding round led by Illuminate Financial and joined by existing investors including Citi Ventures and various Asian family offices. 

According to Tech Node Global, the firm said at the time that funds raised will be used to help the firm scale further, and to zoom in on creating retirement solutions and pension platforms in Singapore and Hong Kong. Resources will also be channelled to AI innovation, new B2B solutions for financial advisers and further geographic expansion. 

But how far are we seeing that play out? Where is Endowus moving into next and how will the role of its Singapore operations evolve?
 
Meanwhile, robo-advisory AutoWealth had in January 2026 become the second digital adviser for the CPF Investment Scheme after Endowus. So what does the move mean for Endowus then and will it double down on efforts to grow its market share right here in the Lion City?

On Under the Radar, Money Matters’ finance presenter Chua Tian Tian posed these questions to Samuel Rhee, Co-founder, Chairman and Group CIO, Endowus.

Today we&rsquo;re going to take you through the ins and outs of a leading independent digital wealth platform in Asia that provides bespoke investment solutions for personal savings, private wealth and even public pension (say in the case of CPF and SRS in Singapore).&nbsp;
Founded in 2017, our guest for today Endowus operates out of both Singapore and Hong Kong with a vision to help investors grow their wealth holistically and offer what it describes as conflict-free advice and access to institutional financial solutions, through a personalised digital wealth experience.&nbsp;
Fast forward to today, the firm works with over 80 global fund managers to provide access to investment strategies across public and private markets, hedge funds and alternatives.&nbsp;
The digital wealth platform had also in October 2025 crossed US$10 billion in assets under management after seeing record inflows and assets from Hong Kong customers tripling. The firm also noted that its alternative business surged to over US$500 million.&nbsp;
So what&rsquo;s driving the numbers and what are the growth trends for the firm with Federal Reserve interest rates set to fall further this year?
At the same time, Endowus also raised over US$70 million that same month, in a funding round led by Illuminate Financial and joined by existing investors including Citi Ventures and various Asian family offices.&nbsp;
According to Tech Node Global, the firm said at the time that funds raised will be used to help the firm scale further, and to zoom in on creating retirement solutions and pension platforms in Singapore and Hong Kong. Resources will also be channelled to AI innovation, new B2B solutions for financial advisers and further geographic expansion.&nbsp;
But how far are we seeing that play out? Where is Endowus moving into next and how will the role of its Singapore operations evolve? &nbsp; Meanwhile, robo-advisory AutoWealth had in January 2026 become the second digital adviser for the CPF Investment Scheme after Endowus. So what does the move mean for Endowus then and will it double down on efforts to grow its market share right here in the Lion City?
On Under the Radar, Money Matters&rsquo; finance presenter Chua Tian Tian posed these questions to Samuel Rhee, Co-founder, Chairman and Group CIO, Endowus.

Under the Radar: From making activewear for Under Armour, Puma and The North Face to becoming an investment holding firm - What’s next for Sing Lun Holdings post merger of apparel business with HK’s Crystal International Group

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