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19-02-2024, 03:31 PM
In spring 2022, Myoko city sold 43 hectares of land, including part of the Myoko-Togakushi Renzan National Park, to a company affiliated with Patience Capital Group Pte Ltd., a real estate investment fund based in Singapore and Tokyo.
PCG then acquired the Madarao Mountain Resort, a ski area straddling the cities of Myoko and Iiyama, Nagano Prefecture.
Chan lived in Japan until he was 6. Fluent in Japanese, he previously headed the Japan branch of GIC Pte Ltd., Singapore’s sovereign investment fund.
Chan began buying land plots for his plan in 2020 and has now purchased between 300 and 350 hectares, mostly in the Myoko Kogen, Madarao and Lake Nojiriko areas.
GIC, Chan’s former employer, has acquired five ski resorts in Japan, including the Naeba resort in Niigata Prefecture, from Seibu Holdings.
PCG then acquired the Madarao Mountain Resort, a ski area straddling the cities of Myoko and Iiyama, Nagano Prefecture.
Chan lived in Japan until he was 6. Fluent in Japanese, he previously headed the Japan branch of GIC Pte Ltd., Singapore’s sovereign investment fund.
Chan began buying land plots for his plan in 2020 and has now purchased between 300 and 350 hectares, mostly in the Myoko Kogen, Madarao and Lake Nojiriko areas.
GIC, Chan’s former employer, has acquired five ski resorts in Japan, including the Naeba resort in Niigata Prefecture, from Seibu Holdings.
