PETALING JAYA: Sales momentum at DRB-Hicom Bhd’s automotive division is expected to continue in 2022 and this would be driven by new launches from Proton and Honda marques.
KUALA LUMPUR: Conglomerate DRB-Hicom Bhd said its major operating companies were badly affected by the impact of nationwide Movement Control Order (MCO) imposed in May and June, resulting in a huge loss in the second quarter.
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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 valued at US$9.6 billion (RM41.6 billion).
According to the
Forbes list, there are 16 billionaires in Malaysia, with Kuok listed under Hong Kong.
Next on the list is Hong Leong Group’s Tan Sri Quek Leng Chan, 79, which was valued at US$9.7 billion (RM40 billion) compared to US$9.2 billion (RM39.9 billion) last year.
Wednesday, 07 Apr 2021 11:15 AM MYT
BY DANIAL DZULKIFLY
‘Sugar King’ Robert Kuok is now the world s 171st richest man compared to his position of 141 in 2020. File picture by Mukhriz Hazim
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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 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 valued at US$9.6 billion (RM41.6 billion).