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Hong Kong-Born & Singapore Citizen Philip Chan Man Ping to be Tagged as Politically Significant Person under Foreign Interference Act 2021 Requiring Annual Disclosure of Political Donations of S$10,000 Equivalent to $7,430, Philip Chan Manages Real Estate Portfolio for China Billionaire & Copper Tycoon Wang Wenyin as Managing Director of Wen Way Investments Which is a Property Unit of Amer International Group
10th February 2024 | Hong Kong
Hong Kong-born & Singapore citizen Philip Chan Man Ping had received a notice to be tagged as “Politically Significant Person” under Singapore Foreign Interference Act 2021, requiring annual disclosure of political donations of above S$10,000 (equivalent to $7,430). Philip Chan manages real estate portfolio for China billionaire & copper tycoon Wang Wenyin, as the Managing Director of Wen Way Investments (property unit of Amer International Group). The Foreign Interference (Countermeasures) Act (FICA) was passed in Parliament on 4 October 2021. The legislation provides measures to prevent, detect and disrupt foreign interference in our domestic politics conducted through (i) hostile information campaigns (HICs) and (ii) the use of local proxies. The provisions to counteract foreign interference via HICs will take effect from 7 July 2022, while the provisions to counteract foreign interference via local proxies will come into force at a later stage.
“ Hong Kong-Born & Singapore Citizen Philip Chan Man Ping to be Tagged as Politically Significant Person under Foreign Interference Act 2021 Requiring Annual Disclosure of Political Donations of S$10,000 Equivalent to $7,430, Philip Chan Manages Real Estate Portfolio for China Billionaire & Copper Tycoon Wang Wenyin as Managing Director of Wen Way Investments Which is a Property Unit of Amer International Group “
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China Billionaire & Copper Tycoon Wang Wenyin of Amer New Material Ban Lifted by Court on Restriction of High-End & Non-Essential Spending Due to Contract Disputes, Allowed to Spend only on Daily Life & Work Essentials
9th September 2023 – China billionaire & copper tycoon Wang Wenyin of Amer New Material ban had been lifted China court from high-end & non-essential spending due to contract disputes. Wang Wenyin was allowed to spend only on daily life & work essentials, including not able to take planes & stay in star-rated hotels.
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