The latest news and top stories on Ong Beng Seng, a Singaporean business tycoon. Known for bringing the Formula One Grand Prix, the sport's first night race, to Singapore in 2008, he founded Hotel Properties Limited in 1980. He recently stepped down as managing director of HPL due to health concerns, though he remains its controlling shareholder. His extensive business interests span global hospitality, property and retail. Ong recently pleaded guilty to charges linked to a corruption probe involving a former minister, specifically abetting obstruction of justice.