Massage chair tycoon to bid for Singapore bank license with partners

Massage chair tycoon to bid for Singapore bank license with partners

Singapore. Photo: Guo Xin Goh

Ron Sim, founder of one of Asia’s largest massage chair makers, is in talks to partner with a unit of Temasek Holdings Ltd. and other firms to bid for one of Singapore’s new virtual banking licenses, according to people familiar with the matter.

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