business
Man sells off his S$6M+ ice cream business to become a monk and cut off all contact, including with his wife & daughter
Summary by The Singapore Editorial Desk Nick Karean , as published by The Independent Singapore
· September 4, 2026
· 1 min read
Photo: The Independent Singapore · view original
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Summary created by The Singapore Editorial Desk — automated, rule-governed Byline on source page Nick Karean, as published by The Independent Singapore Original story Read at the source Source published Sep 4, 2026 Indexed here Sep 4, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points He has announced the sale on Facebook, offering a referral fee of 5 million baht, about S$191,180, to anyone who can facilitate the sale. Siripong Akkarasriyuk, founder of Hawell's, is selling his ice cream business for 165 million baht, approximately S$6.
Siripong Akkarasriyuk, founder of Hawell's, is selling his ice cream business for 165 million baht, approximately S$6.3 million. The sale includes company assets, recipes, and trademark rights. Akkarasriyuk plans to prepare for monkhood, a process that will take two years, during which he will also find land for a forest retreat for meditation.
He has announced the sale on Facebook, offering a referral fee of 5 million baht, about S$191,180, to anyone who can facilitate the sale. Further details of the proposed takeover are available.
Akkarasriyuk's decision to sell the business is part of his plan to cut off all contact, including with his family, as he pursues a life of monkhood.
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Category: business Published: September 4, 2026 Source: The Independent Singapore Reading time: 1 min
Frequently asked about this story
What is this story about? Siripong Akkarasriyuk, founder of Hawell's, is selling his ice cream business for 165 million baht, approximately S$6.3 million. The sale includes company assets, recipes, and trademark rights…
When was this published? This article was first published on September 4, 2026 by The Independent Singapore and curated for The Singapore readers.
Who reported this story? This story was reported by Nick Karean at The Independent Singapore. To learn more about how The Singapore selects and reviews stories, see our editorial standards .
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