" Despite sluggish new-private-home sales, a tender for a land parcel situated at the corner of Lorong 6 and Lorong 4 Toa Payoh has attracted competitive bidding from developers in a hotly contested tender. "
Strong interest for Toa Payoh housing site
Evia was founded in 2004 by Mr Ng Tee Khiang and Mr Low Kiam Cheow, our founders who were from a preeminent venture capital firm in Asia. Predating his time in Venture TDF, Mr Low was the former National Science and Technology Board (NSTB) divisional head co-managing a US$1 billion Technopreneurship Innovation Fund which were invested in three start-up companies that Mr Ng successfully co-founded. Two exited via trade sale to Fortune 500 companies, another was the first Internet company to list in Singapore.
All three companies exited within 5 years of setup. Mr Ng and Mr Low subsequently joined Venture TDF, a venture fund established by the Singapore government. It is such investment and entrepreneurial experience that has seen to Evia’s steady growth over the years.