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At 100 years old, the world's oldest billionaire would be forgiven for taking it easy and enjoying the riches of his eight-decade career. Since then, MELL has continued to operate under its own brand and pre-existing business, as agreed internally at the time of the purchase. At the time, the company was known as Thye Hin Guan Brothers - a produce firm run by three brothers.Yun Chung set up Pacific International Lines (PIL) in March 1967 after leaving Kie Hock Shipping.Yun Chung has taken a proactive role in charity events. Chang Yun Chung cofounded Pacific International Lines in 1967 as a coastal operator with two second-hand ships.. After 51 years at the helm, Chang handed over the chairmanship baton in April 2018 to his son, Teo Siong Seng. The company, which celebrated its 50th anniversary in March 2017, has a fleet of more than 150 vessels.


The company employs over 18,000 staff globally, regularly serving about 500 ports in nearly 100 countries worldwide.As forerunner in IT improvements, PIL has implemented a In March 2015, PIL partially took over the ownership of Singapore's Mariana Express Lines (MELL). The company originally operated only two ships, but constantly expanded to finally celebrate its first 50 years of history in 2017, and ranking within the first 10 largest container shipping lines.PIL has a fleet of around 150 vessels(Container, Dry Bulk, Multi-purpose vessels) with a capacity of more than 400,000 teus. Yun Chung was the first in his family to flee to Singapore. His mother and siblings followed suit about two months later.Yun Chung married his first wife, Madam Yap Hong, in 1941, the same year that he met her.When he was younger, Yun Chung woke up at 6 AM every morning and jogged daily at the Singapore Botanic Gardens.In 1945, Yun Chung left Malacca and returned to Singapore where he started up his first import-export business.Yun Chung joined Kie Hock in 1948.

His uncle would bring produce fr… According to the deal, PIL has assumed the majority shareholding. Chang Yun Chung (born 1918) - also known as Teo Woon Tiong (张允中) - is the founder of Pacific International Lines (PIL), a shipping company based in Singapore.Yun Chung was born in Shawei Town on Quemoy (also known as Kinmen), a small island in Fujian province, China.
Yun Chung was the first in his family to flee to Singapore. Pacific International Lines (PIL) is a shipping company incorporated in Singapore in 1967. He gives greater attention to educational causes.Yun Chung and his late brothers Yun Chong and Yean Fock had donated NT$10 million to set up an educational fund in their hometown, Kinmen. See Yun Chung Chang's compensation, career history, education, & memberships. Yun Chung Chang is Former Chairman/Founder at Pacific Intl Lines Pte. The founder of PIL is the Chinese entrepreneur Chang Yun Chung, who is also the world's oldest billionaire. “PIL founder clinches Business China award.” Tan, Melissa. He was born to Chang Wenxia - a Chinese Yun Chung enrolled in the Pu Xian Cheng Kinmen High School at 10 years old.When Japan invaded China in 1937, Quemoy was the first island they occupied. Chang Yuchun, courtesy name Boren and art name Yanheng, was a Chinese military general of the Ming dynasty. PIL has also taken delivery of 12 x 11,800 teu vessels. In 1940, Yun Chung moved to Malacca to do business with his maternal uncle.

But for Chang Yun Chung, founder of … When Japan invaded China in 1937, Quemoy was the first island they occupied. He was famous for his bravery and formidable prowess in battle, which earned him the nickname of "Chang Hundred-Thousand", because he alone was said to be as effective as a force of 100,000 troops. He was a follower of Zhu Yuanzhang, the founding emperor of the Ming dynasty, and contributed heavily to the establishment of the Ming Empire. His mother and siblings followed suit about two months later. “Business China honours shipping magnate.” The fund was meant to help children who were living in poverty as well as to reward and nurture exceptional students on the island.He has contributed to various disaster relief efforts such as the snow disaster in China, the Sichuan earthquake in 2008, the 921 earthquake in Taiwan (1999) and other natural  calamities in Southeast Asia, Middle East and Africa.In 2011, Yun Chung was awarded the Excellence Award at the Business China Awards for pioneering cargo services between China and the rest of the world.He also served as the Chairman of the Singapore Shipping Association from 1979 to 1981.World War II: Escape to Singapore & arrest in MalaccaWorld War II: Escape to Singapore & arrest in MalaccaKhoo, Lynette.