Ltd ("F&N"). Newmark Capital and Dr. Simon Jiang's stakes in CyberCity were subsequently acquired by Ascendas Pte Ltd, which together with F&N, now control CyberCity through Fraser Property (China) Limited. Currently, Allan Ng is the Chairman of Newmark Capital whose principal business activities include investments in real estate, private equity, hedge funds and stakes in pre-IPO companies and public-listed companies in Hong Kong and China. References 1942 births Living people Singaporean people of Chinese descent Singaporean businesspeople