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A joint venture between Malaysian billionaire Quek Leng Chan’s Hong Leong Group and funds managed by U.S. private equity firm TPG have agreed to buy Ramsay Sime Darby Healthcare (RSDH) which owns and operates hospitals in Malaysia and Indonesia for 5.7 billion ringgit. ....
KUALA LUMPUR: Stocks to watch on Thursday include Gamuda Bhd, Southern Steel Bhd, EcoFirst Consolidated Bhd, AEON Credit Service (M) Bhd, Annum Bhd and Careplus Group Bhd, according to Apex Securities. ....
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. ....
co-founder and CEO Tan Eng Kee. Hong Leong Group’s Quek Leng Chan continued to top the list of Malaysian billionaires with an estimated net worth of US$9.7bil. Globally, Amazon CEO Jeff Bezos remained the richest person in the world with US$177bil net worth. Vincent Tan steps back TAN Sri Vincent Tan has relinquished his executive role in his flagship Berjaya Corp Bhd, as the founding family began handing over the day-to-day running of sprawling business empire to professional managers led by Abdul Jalil Abdul Rasheed. Vincent Tan, 69, has remained as chairman of the group. On Tuesday, Vincent Tan said Jalil, together with his son executive deputy chairman Datuk Seri Robin Tan will be handling the strategic and operational decision-making and planning the future business direction of the BCorp Group. ....