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Tycoons on the 2021 Forbes Malaysia Rich List saw a rebound in their collective wealth as it rose 14% to nearly US$90 billion this year, after declining for two years.
KUALA LUMPUR: Malaysia's richest tycoons defied pandemic headwinds to record an increase in their collective wealth in 2021, contributed in part by the financial windfall experienced by Malaysian rubber glove manufacturers.
PETALING JAYA: Tycoons on the 2021 Forbes Malaysia Rich List saw a rebound in their collective wealth as it rose 14% to nearly RM370 billion (US$90 bi...
has been included as one of the 30 constituents of the FTSE Bursa Malaysia KLCI to replace rubber glove maker Supermax Corporation Bhd . A joint statement by FTSE Russell and Bursa Malaysia Bhd today said the change was made following the semi-annual review of the FTSE Bursa Malaysia Index Series, which was done in accordance with the index ground rules. "The FTSE Bursa Malaysia KLCI reserve list, comprising the five highest-ranking non-constituents of the index by market capitalisation, will be Westports Holdings, QL Resources, Supermax, Kossan Rubber ,” it said. It said the reserve list...
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.