Wee Bin & Co. chop Hong Guan, in Market Street, a firm that was rapidly becoming prominent in Singapore in the 1860s', was founded by Wee Bin. This firm carried on business as Merchants and Shipowners. The firm at first began business relations with various houses in Bali in the Dutch Indies, and eventually became the greatest importer of products from that port. The firm also traded in all kinds of earthenware, and later on built up a fleet of over twenty vessels for the Chinese and Dutch Indies trade. The firm was later managed by Lim Ho Puah, and Lim Peng Siang, his son-in-law and grandson, respectively, the later of whom acquired the major part of the firm's business interests including its larger steamships when the firm was liquidated in 1911.[1]
Wee Bin & Co. had a fleet of 20 vessels. The firm were also traders, sago manufacturers and merchant bankers, and had several branches in Netherlands India.[2]