Shang Enterprises

Shang Enterprises is a mass conglomerate in Singapore. It is owned by Alfred Shang.

It was established by Shang Loong Ma years before in Beijing. He immmigrated to Singapore and moved the company as well. It established it self as a massive organization that bought out numerous organizations. This included shipping companies, investment firms, the press in Singapore.

The enormous amount of holdings and wealth meant it came with a disproportionate amount of influence.

When Shang Loong Ma died, he had stipulated in his will that only the male children inherited. This meant that Alfred inherited it. There was another brother but he had died in World War II, as a result, it However, he left provisions that Shang Enterprises provide and taken care of all needs and whims of Shang Su Yi. This meant money was paid to staff, house, maintenance, and parties every Friday whenever they had the opportunity and time to do so. This lead to massive amounts of money used. With Su Yi’s death, all duties were concluded per the will and the enterprises did not pay for anything anymore.