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Hong Leong Asia : Annual Report 2023 -March 26, 2024 at 09:05 pm EDT

Billionaire Quek Leng Chan s Hong Leong, TPG To Buy Ramsay Sime Darby Healthcare For $1 2 Billion

A joint venture between Malaysian billionaire Quek Leng Chan’s Hong Leong Group and funds managed by U.S. private equity firm TPG have agreed to buy Ramsay Sime Darby Healthcare (RSDH) which owns and operates hospitals in Malaysia and Indonesia for 5.7 billion ringgit.

Trading ideas: Gamuda, Southern Steel, Southern Steel, Careplus, Axis-REIT, CLMT, MAHB

Malaysia s Top 50 Richest People Saw A Wealth Increase Of 14% Amidst Pandemic

Press Metal Aluminium Holdings owners Koon Poh Keong and his siblings underwent the biggest surge in wealth thanks to the recovery of metal's prices.

The Week That Was - Billionaires, Vincent Tan, Jendela, Circle Lines,

co-founder and CEO Tan Eng Kee. Hong Leong Group’s Quek Leng Chan continued to top the list of Malaysian billionaires with an estimated net worth of US$9.7bil. Globally, Amazon CEO Jeff Bezos remained the richest person in the world with US$177bil net worth. Vincent Tan steps back TAN Sri Vincent Tan has relinquished his executive role in his flagship Berjaya Corp Bhd, as the founding family began handing over the day-to-day running of sprawling business empire to professional managers led by Abdul Jalil Abdul Rasheed. Vincent Tan, 69, has remained as chairman of the group. On Tuesday, Vincent Tan said Jalil, together with his son executive deputy chairman Datuk Seri Robin Tan will be handling the strategic and operational decision-making and planning the future business direction of the BCorp Group.

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