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Being shrewd businessmen, they probably dun see any value in the pink aye see!
<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR>Honorary Citizen Award for two business leaders
</TR><!-- headline one : end --><!-- Author --><TR><TD class="padlrt8 georgia11 darkgrey bold" colSpan=2>By Michelle Tay
</TD></TR><!-- show image if available --><TR vAlign=bottom><TD width=330>
</TD><TD width=10>
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For their contributions to Singapore, Mr Tata of the Tata Group and Tan Sri Tsao, founder of International Maritime Carriers, were presented with the award, the highest form of national recognition for non-citizens. -- ST PHOTO: FRANCIS ONG
</TD></TR></TBODY></TABLE>
<!-- START OF : div id="storytext"--><!-- more than 4 paragraphs -->TWO foreign business leaders credited with making 'valuable contributions' to Singapore's growth and development were given the 2007 Honorary Citizen Award yesterday.
Mr Ratan N. Tata, chairman of Tata Sons, and Tan Sri Frank Tsao Wen-King, senior chairman of IMC Group, received their award from President S R Nathan at the Istana.
This is the fifth year Singapore has conferred the Honorary Citizen Award.
It is the highest form of national recognition for non-citizens who have contributed to the country's development.
Ten foreigners have now been honoured from various fields, including business, science, education and the arts.
'Singapore welcomes global talent who can add value to Singapore,' said Deputy Prime Minister and Home Affairs Minister Wong Kan Seng in a statement.
Mr Wong described the two men as exemplary business leaders who have helped propel Singapore's economy forward by making extensive contributions to its development and diversity.
He added: 'The award is a reflection of Singapore's gratitude for their valuable contributions.'
Born in Shanghai in 1925, Mr Tsao founded International Maritime Carriers (IMC) in Hong Kong in 1966, and moved its operational headquarters and bulk shipping operations to Singapore in the early 1990s.
He has played a pivotal role in shaping the growth of the maritime industry here, championing Singapore's development as a global shipping centre.
He said yesterday: 'The conducive environment in Singapore has enabled IMC's businesses to thrive. I am glad to play my part in the development of Singapore's prominent position on the global maritime map.'
Mr Tata has headed the Tata Group - which includes Tata Motors and Tata Steel - since 1991.
He was key in expanding and diversifying its operations here, from steel manufacturing to information technology, while steering precision engineering to auto components among other changes.
Over the years, his business acumen has helped Singapore tap into higher value-added growth sectors, said a government statement. Mr Tata said he was 'deeply honoured' to receive his award, as well as pleased and privileged that he was 'able to play a small role in the development of Singapore's economy'.
<TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR>Honorary Citizen Award for two business leaders
</TR><!-- headline one : end --><!-- Author --><TR><TD class="padlrt8 georgia11 darkgrey bold" colSpan=2>By Michelle Tay
</TD></TR><!-- show image if available --><TR vAlign=bottom><TD width=330>
</TD><TD width=10>
For their contributions to Singapore, Mr Tata of the Tata Group and Tan Sri Tsao, founder of International Maritime Carriers, were presented with the award, the highest form of national recognition for non-citizens. -- ST PHOTO: FRANCIS ONG
</TD></TR></TBODY></TABLE>
<!-- START OF : div id="storytext"--><!-- more than 4 paragraphs -->TWO foreign business leaders credited with making 'valuable contributions' to Singapore's growth and development were given the 2007 Honorary Citizen Award yesterday.
Mr Ratan N. Tata, chairman of Tata Sons, and Tan Sri Frank Tsao Wen-King, senior chairman of IMC Group, received their award from President S R Nathan at the Istana.
This is the fifth year Singapore has conferred the Honorary Citizen Award.
It is the highest form of national recognition for non-citizens who have contributed to the country's development.
Ten foreigners have now been honoured from various fields, including business, science, education and the arts.
'Singapore welcomes global talent who can add value to Singapore,' said Deputy Prime Minister and Home Affairs Minister Wong Kan Seng in a statement.
Mr Wong described the two men as exemplary business leaders who have helped propel Singapore's economy forward by making extensive contributions to its development and diversity.
He added: 'The award is a reflection of Singapore's gratitude for their valuable contributions.'
Born in Shanghai in 1925, Mr Tsao founded International Maritime Carriers (IMC) in Hong Kong in 1966, and moved its operational headquarters and bulk shipping operations to Singapore in the early 1990s.
He has played a pivotal role in shaping the growth of the maritime industry here, championing Singapore's development as a global shipping centre.
He said yesterday: 'The conducive environment in Singapore has enabled IMC's businesses to thrive. I am glad to play my part in the development of Singapore's prominent position on the global maritime map.'
Mr Tata has headed the Tata Group - which includes Tata Motors and Tata Steel - since 1991.
He was key in expanding and diversifying its operations here, from steel manufacturing to information technology, while steering precision engineering to auto components among other changes.
Over the years, his business acumen has helped Singapore tap into higher value-added growth sectors, said a government statement. Mr Tata said he was 'deeply honoured' to receive his award, as well as pleased and privileged that he was 'able to play a small role in the development of Singapore's economy'.
