“By being too choosy, Singapore may lose out. For Singapore to stay in the game, planners might need to ask for less and get more...” says Bloomberg’s Andy Mukherjee
However, Dyson’s shares have since been transferred back to the UK, and not much has been heard from Brin and Ambani.
In Singapore, in contrast, the requirement is for family offices to have at least S$50 million in assets, with 10 per cent of it or S$10 million, whichever is lower, invested in locally listed securities or startups.
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