Mr Farid Khan Kaim Khan announcing his bid to be the next president of Singapore. (Photo: Monica Kotwani) SINGAPORE: With this year’s Presidential Election just two months away, Mr Farid Khan Kaim Khan formally announced his bid for candidacy on Tuesday (Jul 11). During a press conference held at the Village Hotel Changi, Mr Farid said he “decided to fulfil the people’s wish and trust by contesting in this upcoming Presidential Election which is reserved for Malays”.
Mr Farid, who is of Pakistani and Arab descent according to his press release, is chairman of marine services provider company Bourbon Offshore Asia. According to a statement by Mr Farid, the company operated a fleet of more than 500 vessels in 2016. It has about 9,300 employees in 45 countries.
Mr Farid said he is also founder of “undersea operation firm” Bumi Subsea, which specialises in remotely operated underwater vehicles and diving units for the offshore oil and gas and construction industries.
Following changes to the elected presidency , this year’s election has been reserved for candidates from the Malay community. Other changes include stricter eligibility criteria in order to qualify.
For example, candidates in the private sector would have to helm a company with at least S$500 million in shareholders equity. It is unclear if Mr Farid meets the eligibility criteria. More at Channel News Asia