Singapore’s President SR Nathan has awarded Mr. Frank Tsao Wen-King, Founder and Senior Chairman of the IMC Group, Singapore's Honorary Citizen Award 2007.
Tan Sri Tsao is the first maritime luminary to receive this high form of recognition for outstanding contributions of foreigners to the growth and development of Singapore. Born in Shanghai in 1925 and a graduate of St John's University, Tan Sri Tsao founded International Maritime Carriers (IMC) in Hong Kong in 1966. Under his direction, IMC moved its operational headquarters and bulk shipping operations to Singapore in the early nineties. Throughout his career, Tan Sri Tsao has played a pivotal role in shaping the growth of the maritime industry and in promoting maritime education and research. "Singapore has become a very important maritime hub and IMC, over the past 17 years, has grown along with it,” said Tan Sri Tsao. Another of Tan Sri Tsao's prime contributions to Singapore was the set up of the permanent secretariat of the Asian Shipowners' Forum last year.
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