Talk:Richard Chandler (businessman)

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Edit request for content additions and clarifications[edit]

I am asking for the following updates and corrections to be incorporated into this article:

  • Opening paragraph- Clermont Group's area of focus no longer include 'energy' and 'consumer.' The correct description of the company is: ...a Singapore-based business group that invests in public and private companies across a range of industries, including financial services, healthcare, and electric aerospace.
  • Early life- add sourcing for Chandler's education and include information about his Master of Commerce: He wrote his Master of Commerce thesis on corporate governance, with a focus on board structure and accountability in New Zealand.[1][2][3]
  • Career section-
  • Include early career work: Chandler began his career at Arthur Andersen in Auckalnd and then worked at KPMG in London. In 1982,he returned to New Zealand and became the CEO of Chandler House.[3]
  • Introduce subsection headers to improve readability. Suggested sections would be Sovereign, Orient Global and Clermont Group, Nobel Education Network, and Additional Business Ventures
  • Correct the date of the Chandler brothers split: They agreed to split their assets in 2006, with Richard creating Orient Global and Christopher starting Legatum Capital.[4][5]
  • Modifying the text about SK Corp. to more accurately reflect the details provided by this CNN source. Text should be: SK Corp. was, at the time, South Korea's fourth largest conglomerate. Sovereign had made its investment shortly after SK Corp.'s chairman, Chey Tae-won, was convicted of accounting fraud and illegal stock dealing. The remaining content in that paragraph, about the Chandler brothers' decision to rescind their investment should be supported by https://www.ft.com/content/38cdf448-f6f9-11d9-aeff-00000e2511c8 and https://www.wsj.com/articles/SB112171963422088648.
  • Amending and updating the final paragraph about Chandler's stake in Hoan My Medical Corporation. Suggested language: In June 2013, Chandler’s company acquired an 80% stake in Hoan My Medical Corporation.[6][7] According to one reporter at the time, the transaction “complements the healthcare businesses the Chandler Corporation owns and operates in Indonesia and the Philippines, positioning it to become a leading private healthcare provider in Asia.” As of 2023, Hoan My owns 15 hospitals and six clinics, and is Vietnam’s largest private healthcare provider.[8]

References

  1. ^ "Secrets of Sovereign". Institutional Investor. 16 March 2006.
  2. ^ "Auckland University Alumni and friends".
  3. ^ a b Kumar, Kalyan (18 May 2015). "New Zealander Richard Chandler: Forbes Lister and The Big Player in Equity Markets". International Business Times.
  4. ^ McSheehy, Will (9 October 2006). "New Zealand's Chandler Brothers to Divide Investments". Bloomberg.
  5. ^ McSheehy, Will (10 October 2006). "Chandler Brother split interests". New Zealand Herald.
  6. ^ Tan, Le (13 June 2013). "RCC owns 80% of Hoan My Corporation". Dautu online (in Vietnamese).
  7. ^ "Chandler Acquires Hoan My Medical's 80% stake". BioSpectrum Asia Edition. 12 June 2013.
  8. ^ Bradley, Grant (30 September 2022). "What's behind Kiwi billionaire Richard Chandler's big new move". New Zealand Herald.

I'd appreciate the editing community's help in making these changes. With thanks Rob6031 (talk) 06:13, 17 April 2023 (UTC)[reply]

I've struck out in your post what I've dealt with. That's all I have time for. DrThneed, FYI, I've amended the Wikidata entry accordingly. Schwede66 10:21, 15 May 2023 (UTC)[reply]
Schwede66 Thank you for taking the time to make that addition. I will continue to seek the editing community's help in implementing the remaining updates and modifications. Rob6031 (talk) 01:13, 17 May 2023 (UTC)[reply]
 Partly done: The description of Clermont Group is too long. I've replaced the outdated description with a more concise one. The section is already relatively short, so I'm not sure if it would benefit from subsections. SK Corp changes have not been added because it is unclear which of the current text should be replaced. I'm unable to verify the last citation because it is behind a paywall. Throast {{ping}} me! (talk | contribs) 15:27, 25 June 2023 (UTC)[reply]
Thanks for your help, Throast! I appreciate the attention you have given this request and want to clarify some things. Specifically about the SK Corp portion of this request. I'd like to replace the current 4th paragraph of the Career section, providing more context and information. My request is that it read as follows:
  • The Chandler brothers were involved in a highly publicized incident in 2005. SK Corp. was, at the time, South Korea's fourth largest conglomerate. Sovereign had made its investment shortly after SK Corp.'s chairman, Chey Tae-won, was convicted of accounting fraud and illegal stock dealing.[1] Sovereign had invested in the company just after Chey's arrest, hoping to turn it around. Richard Chandler and his brother tried twice unsuccessfully to remove Chey and ultimately pulled out for ethical reasons. By that point they had improved the company and profited US$728 million. [2] [3]
As the FT source is paywalled, I have included the supporting quote from this source in the reference.
I'd also appreciate it if you'd revisit the final part of the request to update the last paragraph of the Career section so that it includes current information. Here is the suggested language:
  • In June 2013, Chandler’s company acquired an 80% stake in Hoan My Medical Corporation. According to one reporter at the time, the transaction “complements the healthcare businesses the Chandler Corporation owns and operates in Indonesia and the Philippines, positioning it to become a leading private healthcare provider in Asia.” As of 2023, Hoan My owns 15 hospitals and six clinics, and is Vietnam’s largest private healthcare provider.

References

  1. ^ "SK pair get jail sentences". CNN. 13 June 2003.
  2. ^ Fifield, Anna; Guerrera, Francesco. "Sovereign Asset sells entire stake in SK Corp". www.ft.com. Retrieved 2023-06-26. Sovereign signalled last month that it had given up its two-year quest to reform corporate governance practices at SK Corp, saying it no longer planned to try to wield influence over management at the world's second-biggest oil refiner. Sovereign had repeatedly failed to oust Chey Tae-won, the refiner's chairman, arguing that his conviction for a $1.2bn accounting fraud at affiliate SK Networks should have disqualified him from managing the company.
  3. ^ Jones, Seon-Jin ChaDow (2005-07-19). "Governance Fight Ends as Fund Sells Stake in SK Corp". Wall Street Journal. ISSN 0099-9660. Retrieved 2023-06-26.

Thank you again for your attention to this request. Rob6031 (talk) 10:22, 27 June 2023 (UTC)[reply]

Expansion and Update of Career and Philanthropy sections[edit]

I am requesting that the following updates be added to the Career section of the article:

In the paragraph that begins with "They agreed to split their assets in 2006, with Richard creating Orient Global and Christopher starting Legatum Capital." Add this sentence immediately after the first sentence:
  • Orient Global changed its name to Richard Chandler Corporation in April 2010 before becoming the Chandler Corporation in 2013, and the Clermont Group in 2016. [1]
In the paragraph that begins with "In 2007 Richard Chandler launched a US$100 million education initiative...", please add this sentence to the end of the paragraph:
  • In Bangladesh in 2011, he founded Newtown International, an educational bridging service focused on training and placing people for hospitality and other industries. [2]
Please add the following two paragraphs after the paragraph that begins: "In 2007 Richard Chandler launched a US$100 million education initiative..."
  • In 2009, Chandler's Clermont Group took a majority stake in Guina Energy, which rebranded as magniX in 2017. MagniX is a manufacturer of electric propulsion systems for aircraft. In December 2019, a magni500 electric propulsion unit (EPU) was used to power the first flight of a retrofitted battery-electric De Havilland Beaver seaplane, the first flight by a commercial electric aircraft. [3] [4] [5]
  • In 2019, under Chandler's direction, the Clermont Group completed the majority acquisition of Eviation Aircraft, a manufacturer of all-electric aircraft. In September 2022, Eviation's Alice became the first flight-tested purpose-built all-electric airplane. [6]
In the final paragraph of the Career section, add this sentence to update the information in the very end of the paragraph:
  • As of 2023, Hoan My owns 15 hospitals and six clinics, and is Vietnam's largest private healthcare provider. [7]

In the Philanthropy section, please add this sentence as a new paragraph below the existing text of that section:

  • In 2019, Chandler launched the Chandler Institute of Governance, an international non-profit organisation headquartered in Singapore.[8]

References

  1. ^ Joseph, Blessing (February 24, 2022). "Richard Chandler Net Worth, Wiki Bio, Source Income, Salary, Earnings, Nationality, Age". SNBC13.
  2. ^ Crossley, Jazial (January 11, 2013). "Chandler Corp go for Kiwi CEO". Stuff.
  3. ^ "'World's first' fully electric commercial flight takes off". BBC. December 11, 2019.
  4. ^ "Harbour Air ePlane". Aerospace Technology. Retrieved July 9, 2023.
  5. ^ Cogley, Bridget (December 17, 2019). "World's first commercial electric plane takes off near Vancouver". dezeen.
  6. ^ Bradley, Grant (June 22, 2023). "Kiwi billionaire Richard Chandler's Eviation electric plane startup makes Time's Top 100 influential companies list". NZ Herald.
  7. ^ Huy, Gia; Nguyen, Trang (May 28, 2023). "Owner of Hoan My hospital reports $2 mln loss in 2022". The Investor.
  8. ^ Yuen-C, Tham (April 28, 2022). "Singapore 3rd in global ranking on government effectiveness". The Straits Times. Retrieved July 9, 2023.

Thank you, Rob6031 (talk) 00:08, 10 July 2023 (UTC)[reply]

Reply 9-JUL-2023[edit]

Below you will see where proposals from your request have been quoted with reviewer decisions and feedback inserted underneath, either accepting, declining or otherwise commenting upon your proposal(s). Please read the enclosed notes within the proposal review section below for information on each request.  Spintendo  04:23, 10 July 2023 (UTC)[reply]

Proposal review 9-JUL-2023

Orient Global changed their name to Richard Chandler Corporation in April 2010 before becoming the Chandler Corporation in 2013, and the Clermont Group in 2016.
 Approved.Cite error: There are <ref> tags on this page without content in them (see the help page).


In Bangladesh in 2011, he founded Newton International.
 Approved.Cite error: There are <ref> tags on this page without content in them (see the help page).


an educational bridging service focused on training and placing people for hospitality and other industries.
no Declined.[note 1]


In 2009, Chandler's Clermont Group took a majority stake in Guina Energy, which rebranded as magniX in 2017. MagniX is a manufacturer of electric propulsion systems for aircraft. In December 2019, a magni500 electric propulsion unit was used to power the first flight of a retrofitted battery-electric De Havilland Beaver seaplane, the first flight by a commercial electric aircraft.
no Declined.[note 2]


In 2019, under Chandler's direction, the Clermont Group completed the majority acquisition of Eviation Aircraft, a manufacturer of all-electric aircraft. In September 2022, Eviation's Alice became the first flight-tested purpose-built all-electric airplane.
no Declined.[note 3]


As of 2023, Hoan My owns 15 hospitals and six clinics. and is Vietnam's largest private healthcare providor.
no Declined.[note 4]


In 2019, Chandler launched the Chandler Institute of Governance, an international non-profit organization headquartered in Singapore.
no Declined.[note 5]


___________

  1. ^ This information is more apropos for an article on Newton International (See WP:COATRACK.)
  2. ^ This information is more apropos for the article on magniX.
  3. ^ This information is more apropos for the article on Eviation Aircraft.
  4. ^ This information is more apropos for an article on Hoan My.
  5. ^ This information is more apropos for an article on the Chandler Institute of Governance.

Thank you for your clear response, Spintendo. Might you be willing to reconsider note #5 of your response? Chandler Institute of Governance does not have its own Wikipedia article and its establishment is a direct part of Richard Chandler's biography. The following sources support that Chandler is the founder and that the Institute was established in 2019. [1] [2]

References

  1. ^ "Who Influences The Real Influencers". sarawakreport. March 24, 2023.
  2. ^ Yuen-C, Tham (April 28, 2022). "Singapore 3rd in global ranking on government effectiveness". The Straits Times. Retrieved July 9, 2023.
Thanks for your consideration, Rob6031 (talk) 00:58, 12 July 2023 (UTC)[reply]

Addition of familial detail[edit]

I am requesting the following content be added to either the Education or Personal life section of this article:

Chandler is a licensed pilot. Chandler's uncle, George Watt, was a New Zealand air force pilot and involved in the development of the jet engine.[1][2]

References

  1. ^ Bradley, Grant (1 October 2022). "How pioneering aviation runs in the blood for billionaire Richard Chandler". New Zealand Herald. Pioneering aviation runs in the Richard Chandler's blood...back in the 1940's his uncle, George Watt, was integral in the development of the jet engine...Watt was a pioneer flyer in New Zealand, a Rhodes Scholar and a member of New Zealand's Territorial Air Force in 1927...Chandler, who got his private pilot's license in his 20s...
  2. ^ Bradley, Grant (22 June 2023). "Kiwi billionaire Richard's Eviation electric plane startup makes Times Top 100 influential companies list". New Zealand Herald. Pioneering aviation runs in Richard Chandler's blood. In the 1940s his uncle, George Watt, was integral in the development of the jet engine.

As the citations are paywalled, I have included quoted text within the references for convenience and ease. With thanks Rob6031 (talk) 00:13, 21 July 2023 (UTC)[reply]

Information on the various licenses that the subject may have is not germane to the article (i.e., whether the subject had a driver's license would not normally be added to the article. To that end, a pilot's license would also be included in that restriction.) Information regarding the uncle and how they were "involved" in the development of the jet engine is not specific, and were it specific, would be better placed in an article on that individual. Regards,  Spintendo  02:03, 21 July 2023 (UTC)[reply]

Revised Edit Request for Consideration[edit]

I appreciate the help the community has provided in expanding and improving this article. Thank you Schwede66, Throast, and others. I am asking for a renewed review of two specific components of the Career section discussed above; the explanations and considerations for each are underlined below:

  1. Replace the current 4th paragraph of the Career section to provide more context and align more closely with the CNN source and others. I suggest the paragraph read as follows:The Chandler brothers were involved in a highly publicized incident in 2005. SK Corp. was, at the time, South Korea's fourth largest conglomerate. Sovereign had made its investment shortly after SK Corp.'s chairman, Chey Tae-won, was convicted of accounting fraud and illegal stock dealing.[1] Sovereign had invested in the company just after Chey's arrest, hoping to turn it around. Richard Chandler and his brother tried twice unsuccessfully to remove Chey and ultimately pulled out for ethical reasons. By that point, they had improved the company and profited US$728 million. [2] [3]
  2. Update the last paragraph to include Chandler's current ownership status and the business details. My suggestion is to add: As of 2023, Chandler is the sole owner of Hoan My, which is Vietnam’s largest private healthcare provider with 15 hospitals and six clinics.[4][5]

References

  1. ^ "SK pair get jail sentences". CNN. 13 June 2003.
  2. ^ Fifield, Anna; Guerrera, Francesco. "Sovereign Asset sells entire stake in SK Corp". www.ft.com. Sovereign signaled last month that it had given up its two-year quest to reform corporate governance practices at SK Corp, saying it no longer planned to try to wield influence over management at the world's second-biggest oil refiner. Sovereign had repeatedly failed to oust Chey Tae-won, the refiner's chairman, arguing that his conviction for a $1.2bn accounting fraud at affiliate SK Networks should have disqualified him from managing the company.
  3. ^ Jones, Seon-Jin ChaDow (19 July 2005). "Governance Fight Ends as Fund Sells Stake in SK Corp". Wall Street Journal.
  4. ^ Huy, Gia; Nguyen, Trang (28 May 2023). "Owner of Hoan My hospital reports $2 mln loss in 2022". The Investor.
  5. ^ Bradley, Grant (30 September 2022). "What's behind Kiwi billionaire Richard Chandler's big new move". New Zealand Herald.

Rob6031 (talk) 05:07, 17 August 2023 (UTC)[reply]

Reply 17-AUG-2023[edit]

🔼  Clarification requested  

  1. Please indicate the reasons for making these changes.[1] The stated reason was "to provide more context". However, that added context was not delineated in the request. Please state what it is, about this added context, which necessitates the changes being made.
  2. When ready to proceed with the requested information, kindly change the {{Edit COI}} template's answer parameter to read from |ans=y to |ans=n. Please note that prior text entered in the Edit request proposal should not be retro-actively altered. Instead, a new reply post supplying the needed information should be posted below this review. The original {{Edit COI}} template may then be altered.

Regards,  Spintendo  17:27, 17 August 2023 (UTC)[reply]

Thank you Spintendo for your feedback. I will try to clarify what I meant here:
The 3rd paragraph of the career section should be modified to clarify that SK is the fourth (not third as now appears) largest conglomerate. This is supported by this CNN source.
Also- I've tightened the requested sentence for #2 to focus on updating outdated figures. I am requesting one sentences at the very end of the last paragraph of the career section to say: As of 2023, Chandler’s company is the sole owner of Hoan My. This is supported by these two sources: https://e.vnexpress.net/news/business/companies/hoan-my-hospital-owner-reports-loss-of-2-1m-4601345.html and https://www.nzherald.co.nz/business/new-zealand-billionaire-richard-chandlers-motivation-for-his-new-big-business-move/Q23I5WG5N2JQNH4ZHGF4CN3IFY/. With thanks Rob6031 (talk) 00:51, 25 August 2023 (UTC)[reply]

References

  1. ^ "Template:Edit COI". Wikipedia. 7 July 2019. Instructions for submitters — #6: Describe the requested changes in detail. This includes the exact proposed wording of the new material, the exact proposed location for it, and an explicit description of any wording to be removed, including removal for any substitution. Be specific: "add X", "delete Y", "replace X with Y". If the rationale for a change is not obvious (particularly for proposed deletions), explain.

Reply 29-AUG-2023[edit]

✅  Edit request implemented    Spintendo  02:48, 30 August 2023 (UTC)[reply]