Legendary Investor Mr. S P Tao Passes Away

Overseas Realty (Ceylon) PLC announced with great sadness the passing of Mr. S P Tao (Tao Shing Pee) Founder, Chairman and Director of the Company, in Nanjing, China on 24th August 2021. Mr. Tao lived to a great age of 105 and passed away peacefully.

Mr. Tao was the Founder and Chairman of the Shing Kwan Group, Singapore; Founder and Patron of Jiangsu Tao Shing Pee Education Foundation; Honorary Citizen of Nanjing, and Honorary President of Jiangsu Charity Foundation.

Given the pandemic of Covid-19 in Nanjing and at the request of the Mr. Tao’s family members, his funeral service was kept small and private. Mr. Tao will be missed by Overseas Realty (Ceylon) PLC family.