Making $10 from each dollar saved.

That’s the goal of businessman Victor Teo who started out as a hawker assistant.

Mr Victor Teo was 14 when he arrived in Singapore in 1966 from Muar, Johor, with his parents and younger sister. His father had odd jobs, while he worked as a hawker assistant selling noodles from a pushcart in Tanjong Pagar. He was paid $1 a day.

Deciding that learning a trade was the way to go, he joined an electrical subcontracting firm in the early 1970s. Over the years, he became a skilled electrician through his stints at Meritus Mandarin Hotel at Orchard Road as a senior plant operator and subsequently as duty engineer at Furama City View Hotel and then at Oriental Hotel.

While working at Oriental, he set up mechanical and electrical firm E-Tech Building Service…
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