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Malaysian Billionaire Brothers KL Kepong Lead $747 Million Takeover Of Boustead Plantations

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.

Malaysian Tycoon Jeffrey Cheah s Sunway Group Partners With Singapore s GIC To Expand Healthcare Unit

Malaysian Tycoon Jeffrey Cheah s Sunway Group Partners With Singapore s GIC To Expand Healthcare Unit
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Malaysian Tycoons UWC Profit Nearly Doubles Amid Global Semiconductor Boom

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.

GGRAsia – Casino bosses Chen, Lim, slip down Malaysia s 50 Richest

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.

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