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ANN/THE STAR – Prominent tycoon Robert Kuok has reclaimed his position as Malaysia’s wealthiest individual, boasting a net worth of USD11.4 billion as reported by the 2024 Billionaires List compiled by Forbes. Kuok holds the 176th spot on the list and stands as the sole Malaysian representative within the top 200 billionaires worldwide. At 100 […] ....
PETALING JAYA: Tycoon Robert Kuok has once again topped the list as the wealthiest Malaysian, with a net worth of US$11.4bil, according to the Forbes 2024 Billionaires List. ....
EIGHT of Malaysia’s top 10 richest tycoons based on Forbes’ 2020 billionaires list earned a whopping RM1.99 billion worth of dividends from the recently announced financial results for the quarter ended Dec 31, 2020, according to their known shareholdings in Bursa Malaysia-listed firms. Among them, Public Bank Bhd founder Tan Sri Dr Teh Hong Piow is expected to receive the biggest dividend payout totalling RM668.18 million from his shareholdings in the bank and insurer LPI Capital Bhd. Public Bank, the third-largest banking group in the country by asset size, declared an interim dividend of 13 sen (payable on March 22) for the fourth quarter of financial year 2020 (4QFY2020) ended Dec 31, 2020. Public Bank also undertook a four-for-one bonus share issue to reward shareholders last year, which enlarged the number of Public Bank’s outstanding shares to 4.2 billion. ....