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Kuala Lumpur Kepong controlled by brothers Lee Oi Hian and Hau Hian is expanding its palm oil business by taking over Boustead Plantations, in a deal valuing the smaller rival at 3.5 billion ringgit. ....
Malaysia's Carsome, Tycoon Patrick Grove's Catcha Group To Take ICar Asia Private In $200 Million Deal forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Malaysian Tycoon Jeffrey Cheah's Sunway Group Partners With Singapore's GIC To Expand Healthcare Unit forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Malaysian Tycoons' UWC Profit Nearly Doubles Amid Global Semiconductor Boom forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
Two casino entrepreneurs have slipped down the top 20 in Forbes’ “2021 Malaysia’s 50 Richest” list, amid the Covid-19 pandemic. At number nine – down from four in 2020 – now with an estimated net worth of US$3.4 billion, is Chen Lip Keong (pictured, left), chief executive of Hong Kong-listed NagaCorp Ltd, which has a casino monopoly in the Cambodian capital Phnom Penh, and is also developing a venue in Vladivostok, Russia. Mr Chen’s 2021 net worth is down 35.8 percent on the estimated US$5.3 billion he held last year. At number 11 this year, down from seven, and with an estimated net worth this year of US$2.55 billion, is Lim Kok Thay, chairman of conglomerate Genting Bhd. ....