This wasn’t the case for Lee. Ocean Paradise is an upgrade from Lee’s previous boat, the 37-meter Ocean Dream, which he sold in 2010.
An executive director of Loyz Energy Limited, a Singapore-based oil and natural gas explorer, Lee is also on the board of restaurant-operator and caterer Select Group Limited, where he represents closely-held Jit Sun Investments, according to the company’s websites.
His brother Lionel helps run oil-services company Ezra Holdings that provides vessels and installs deep-sea equipment for the offshore industry.
The brothers are also directors of Raimon Land Pcl, a Thai builder of luxury condominiums and resorts in Bangkok and Phuket. Giving the Ocean Paradise a contemporary look -- with a black-and-white theme, a blob-shaped sofa and a river-stone setting for the bathtub in the master cabin -- was inspired by the brothers’ boutique hotel, restaurant and condo holdings, Adrian said. He hopes the yacht will gain “icon” status.