That helped Ong muster enough votes -- over 30% -- to block the merger.
So to block the combination, Ong and his family needed just 5% additional shares.
Like most organizers, Ong believes funding remains the greatest constraint to Singapore's burgeoning arts scene.
Founder and CEO Aihui Ong and her team find new gourmet foods from chocolates to olive oils.
FORBES: Love With Food Seed Funded For Subscription Food Box
Nonetheless, even the most sought-after events are looking surprisingly empty, as Rebecca Ong-Sutherland from Boston told me.
Ong Keng Sen of TheatreWorks, a local drama company, reckons the new arts center is too big.
Ong, for one, complains about encountering deep prejudice from both intellectuals and artists on his many trips overseas.
Desdemona, Ong's interpretation of Othello, got similarly mixed reviews when it opened the Singapore Arts Festival last month.
More mergers is likely to mean more opportunities for disaffected shareholders like Ong.
Ong previously was a consultant at Accenture for eight years before quitting to backpack around the world for a year.
FORBES: Love With Food Seed Funded For Subscription Food Box
Hotel Properties is controlled by Ong Beng Seng, a fellow shareholder with Alwaleed in Planet Hollywood International, the restaurant chain.
When I wrote about Ong Beng Seng's battle on behalf of Vickers Ballas shareholders, I pointed to all sorts of ironies.
To Ong, the irony is that although the concept and driving force has been Singaporean, most of the funding was Japanese.
Entre los oradores y ponentes figuraron jefes de gobiernos, ministros, presidentes y principales ejecutivos del mundo empresarial, investigadores, instituciones multilaterales y ONG.
Ong, whose family owns and runs Singapore's First Engineering, a component company.
But in this case, it was Ong who was fighting for shareholders' rights and a Singapore government entity that was pushing the merger.
Others point out that Ong's parting diatribe about the lack of top-level coordination leaves little doubt that he wanted out of the presidency.
"Some stalls are known as the best simply because they have had that reputation for years, " Chris Ong, foodie extraordinaire and hotel owner, said.
Ong, who was diagnosed as suffering from lymphatic cancer in 1992, chose instead to run in the first elections for the presidency the following year.
Where Ong is hailed as a standard bearer for innovative theatrical landscapes and high art, Glen Goei has forged ahead in a slightly different direction.
It was founded by Elisha Ong, Dixon Chan, and Daniel Hum and they have officially launched the app on May 8, 2012.
FORBES: Singapore Startup Burpple App Update: Explore Over 150,000 Food Moments From 3,300 Cities
For his part, Ong wasn't so much against the idea of the merger, as he was in favor of a higher price for the Vickers shares.
The company originally started out as a Groupon for gourmet foods but eventually shifted to the subscription model after seeing interest in samples Ong was sending out.
FORBES: Love With Food Seed Funded For Subscription Food Box
Among them: the fact that the Singapore government has long been a formidable campaigner for good corporate governance, while Ong has been something of a buccaneering tycoon.
He was greeted at the airport by Prime Minister Goh Chok Tong, and later played rounds with the PM, Singapore cabinet ministers and President Ong Teng Cheong.
And that helps explain the attention that Heng and fellow theater pioneers Glen Goei and Ong Keng Sen have been getting beyond the shores of the Lion City.
Hoy nos corresponde reunirnos las personas tanto de gobierno, organismos internacionales y ONG que estamos aportando nuestro esfuerzo a la misma causa en el departamento de San Marcos.
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Ong-Sutherland and her husband, Josh, had their own ticketing problems.
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