LYCOS RETRIEVER 
Khoo Teck Puat
built 499 days ago
Khoo Teck Puat (KTP) Hospital, a 550-bed new generation acute general care hospital located in the northern region of Singapore, is a product of the sustainable design movement. The 102,245-square-meter hospital is being designed as a “hassle-free” hospital — centered on patient needs and wants — and a model of energy efficient design. The design unites building, site and healing mission in an environment that’s as much about sustainability as it is about wellness and community outreach.
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With the death in late February of Standard Chartered's biggest single shareholder, Khoo Teck Puat there has been some speculation as to whether the bank may be subject to a takeover. The late Singaporean tycoon owned 13.45%.
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Khoo Teck Puat, a Malaysian who lived in Singapore and owned almost 15 per cent of Standard Chartered Bank when he died in 2004, established the Khoo Foundation in 1981 to contribute mostly to medical, health-care and educational causes. After his death, 30 per cent of his fortune, or $US1.5 billion, was transferred to the Foundation. Another $US3.5 million went to Singapore's National Dialysis Foundation and several million more went to another Singapore institution to buy a major collection of Tang Dynasty ceramics. Earlier this year, the foundation gave $US60 million to the National University of Singapore for medical research, $US13 million to establish a cancer research institute and $US82 million to help build a 550-bed hospital.
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SINGAPORE tycoon Khoo Teck Puat, the largest shareholder in Britain’s Standard Chartered Bank, has died at the age of 86. Khoo suffered a heart attack and died on Saturday night in a Singapore hospital.
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Khoo Teck Puat was born in Singapore. His father, Khoo Yang Thin, a wealthy rice merchant and owner of agricultural land... had stakes in several small banks serving the Hokkien Chinese community; these amalgamated in 1933 to form the Overseas-Chinese Banking Corporation (OCBC). The younger Khoo was educated at St Joseph's Institution and joined OCBC as a clerk shortly after its formation.
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In 1968, Khoo bought over the Malayan Banking's Singapore properties including Goodwood Park Hotel and Central Properties for $50 million. While bitter with what the Malaysian government did, Khoo remained patriotic and keep his Malayan citizenship. He ceased to be a director of Maybank in 1976. His search for a banking vehicle continued.
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