In late 1977, Yang Amat Mulia Tunku Osman Ibni Tunku Temenggong Ahmad, a member of the royal family from the State of Johor, came in as a shareholder of the bank and acquired 30% of its share capital from both OCBC Bank and the Lam family. In 1973, Kwong Lee Bank opened another branch in Bintangor. The aftermath of the war saw the continued expansion of the Bank, and in 1964, Oversea-Chinese Banking Corporation of Singapore (OCBC Bank) under the stewardship of Tan Chin Tuan (its then Chairman and Managing Director) acquired a 52% majority stake in Kwong Lee Bank from the Lam family. In this connection, Kwong Lee Bank played an important role to revive confidence and business activities by providing financing to enable old businesses to be resumed and new ones to be set up. After the war the immediate task was one of reconstruction and rehabilitation.
The Second World War caused a temporary disruption in the currency and banking system. Immediately after the Depression, on 26 October 1934, the company was converted into a public company under the name Kwong Lee Bank and shortly after, the third branch of the Bank was opened in Sarikei in 1937. Kwong Lee Mortgage and Remittance Company survived all these setbacks because of its strong cash reserves and its conservative operational policy. The Depression caused a sharp fall in the export earnings of commodities and many business concerns, including some banks, were in financial difficulties. The year 1929 saw the start of the Great Depression that lasted until 1933.
After the recession, the company opened its branch in Sibu in 1923 and three years later another branch was opened in Singapore in 1926. A few years after hostilities ended, the post-war Recession of 1920-1921 set in.
The First World War broke out in 1914 causing panic in the financial circles. In the initial years, the company went through a difficult period of growth when a number of economic crises occurred. It also provided the services of remitting money of overseas Chinese to their families in Southeast region of China. The company granted loans against the security of export commodities such as pepper, rubber and other indigenous products. When Khayyam introduced himself as a music composer to her, she calmed down.Hong Leong Bank was founded by Liaw Yu Rui and began its operations in 1905 in Kuching, Sarawak under the name of Kwong Lee Mortgage & Remittance Company. At first, Jagjit felt anxious, thinking of him as a stalker. Jagjit and Khayyam met for the first time on the overbridge of the Dadar Railway Station, where Jagjit had been following her.From then on, Khayyam and Jagjit’s musical bond never broke. Khayyam approached her and offered her to sing for “Shola Aur Shabnam (1961).” She sang a solo and a duet song with Mohammed Rafi in the film. Jagjit’s singing talent was first spotted by Khayyam during a music concert, where she was singing a classical song.Jagjit’s singing career started with the film “Posti (1950).” It was also the first Punjabi film, in which Asha Bhosle had lent her voice.Music experts believe that her vocals flow from high to low pitch, acquiring a mellow finish. Jagjit is known for her rustic voice and her strong ability to render folk music.Jagjit likes listening to music and watching films.India Today She was cremated at Pawan Hans Crematorium, SV Road Vile Parle, Mumbai. On 15 August 2021, at the age of 93, Jagjit Kaur took her last breath at her residence in Mumbai. Singer(s): Asha Bhosle, Lata Mangeshkar, Mohammed Rafi.Poet(s): Kaifi Azmi, Sahir Ludhianvi, Shakeel Badayuni.‘Saada Chidiya Da Chamba Vai’ from the film “Kabhi Kabhi (1976)”.‘Kaahe Ko Byahi bides’ from the film “Umrao Jaan (1981)”.‘Dekh Lo Aaj Humko Jee Bhar Ke’ from the film “Bazaar (1982)”.‘Chale Aao Saiyan Rangeele Main Vaari Re’ (with Pamela Chopra) from the film”Bazaar (1982)”.‘Nain Milake Pyar Jata Ke Aag Laga Dee’ from the film “Mera Bhai Mera Dushman (1967)”.‘Dekho Dekho Ji Gori Sasural Chali’ from the film “Shagoon (1964)”.‘Tum Apna Rang–o-Gham Apni Pareshani Mujhe De Do’ from the film “Shagoon (1964)”.‘Pehle To Ankh Milana’ from the film “Shola Aur Shabnam (1961)”.
‘Kahmosh Zindagi Ko Afsaanaa Mil Gayaa’ from the film “Dil-e-Nadan (1953)”.She sang three songs in the film- “Muhabbat Ki Dhun Bekararo Se Poochho,” “Chanda Gaye Ragni Cham Cham Barse,” and “Khamosh Zindagi Ko Ek Afsana Mil Gaya.” However, it could not help her gain much recognition.Īfter a decade of her marriage with Khayyam, she sang the best song of her career titled ‘Tum Apna Ranj-O-Gham’ from the film “Shagoon (1964).” The song went on to become the benchmark of her career. She made her singing debut with the Punjabi film “Posti (1950).” She made her Bollywood debut as a singer with the film “Dil-E-Nadaan (1953)” under the composition of Ghulam Mohammed.
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