Page 7 - Hap Seng News Today

- Advertisement - KUALA LUMPUR — Malaysia’s “Sugar King” Robert Kuok remains the wealthiest man in Malaysia and even saw his estimated wealth increase to US$12.6 billion (RM51.9 billion) this year amidst the Covid-19 pandemic, according to Forbes’ annual World’s Billionaires List. The 97-year-old Hong Kong-based businessman however saw a rankings slip and is now the world’s 171st richest man compared to his position of 141 in 2020, and estimated net worth at the time which was val...

Wednesday, 07 Apr 2021 11:15 AM MYT BY DANIAL DZULKIFLY ‘Sugar King’ Robert Kuok is now the worlds 171st richest man compared to his position of 141 in 2020. — File picture by Mukhriz Hazim Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, April 7 — Malaysia’s “Sugar King” Robert Kuok remains the wealthiest man in Malaysia and even saw his estimated wealth increase to US$12.6 billion (RM51.9 billion) this year amidst the Covid-19 pand...

Star Media Group names new CEO Details 26 February 2021 Star Media Group has appointed Alex Yeow Wai Siaw as its new group CEO. In a memo seen by A+M, it is stated that Yeow, will take on the role come March. He was formerly the group CEO and executive director of Tropicana Corp, and brings with him vast experience and knowledge from his working experience. His corporate experience has seen him helm other listed companies on Bursa Malaysia where he w...

PETALING JAYA: Premised on expectations that crude palm oil (CPO) prices will decline, one research house is advocating building positions in integrated plantation players such as Kuala Lumpur Kepong Bhd (KLK) and IOI Corp Bhd.

KUALA LUMPUR: Bursa Malaysia staged a rebound in early Tuesday, with Public Bank and semicon and tech stocks taking the lead as specualtion of a stricter lockdown to contain the Covid-19 pandemic eased.

Published on: Sunday, January 24, 2021 By: Datuk John Lo Text Size: LAST week I wrote on Sabah’s appalling, atrocious deal in the oil palm industry. Sad that this situation is not confined to the oil palm industry. In fact, it exists in all aspects of Sabah’s economy, in government and the private sector, among our own businessmen, and professionals. Sabahans are 3rd class citizens in our very own state. Sabahans have become numbed, have lost the spirit to fight to protect our economic inte...

KUALA LUMPUR (Dec 23): Based on corporate announcements and news flow today, companies that may be in focus tomorrow (Dec 24) include: Tenaga Nasional Bhd, Malaysia Airports Holdings Bhd, Yi-Lai Bhd, Boustead Holdings Bhd, Jiankun International Bhd, Marine & General Bhd, Poh Huat Resources Holdings Bhd, and Hap Seng Consolidated Bhd. Tenaga Nasional Bhd (TNB) has entered into a deal with Malaysia Airports Holdings Bhd (MAHB) to supply cooling energy and electricity at the Kuala Lumpur Internat...

KUALA LUMPUR (Dec 23): Hap Seng Trucks Sdn Bhd, a wholly-owned subsidiary of Hap Seng Consolidated Bhd, has appointed Marc Legeay as its new chief executive with effect from Dec 1. Hap Seng Trucks is part of the Hap Seng’s automotive division, which is a general distributor of Daimler Trucks in Malaysia. In a statement, the group said Legeay will succeed Roland Schneider, who has led the successful acquisition of the commercial vehicle wholesale distribution business from Mercedes-Benz Malays...