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KUALA LUMPUR, Aug 24 Kuala Lumpur Kepong Bhd (KLK) has proposed to acquire 739.20 million or 33 per cent and one share of Boustead Plantations Bhd (BPlant) from Boustead. ....
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 top 50 tycoons saw their combined fortunes drop 10 per cent from a year ago to US$80.5 billion (S$111 billion) despite the economy rebounding from the pandemic-induced slump, Forbes Asia said in a report. Property-to-maritime conglomerate Kuok group's founder Robert Kuok who turns 99 in October retained his long-standing top spot though his fortune declined to US$11. ....
KUALA LUMPUR, June 9 Malaysia’s rubber glove makers who were listed among the country’s top 50 richest on Forbes magazine's 2022 list released today, saw their wealth. ....