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10 Of Malaysia's Richest, According To Forbes' 2021 List

Dato Lee Yeow Chor & Lee Yeow Seng
L-R: Lee Yeow Seng, Tan Sri Lee Shin Cheng and Dato Lee Yeow Chor (Photo: IOI Properties)
Dato Lee Yeow Chor and Lee Yeow Seng, sons of the late Tan Sri Dato Lee Shin Cheng, inherited stakes in the IOI group, a palm oil and property empire built by their father. The older Lee is the group managing director and chief executive of IOI Corporation while the younger Lee is the executive vice-chairman of IOI Properties. Together, they re valued at US$4.9 billion (RM20.2 billion). ....

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Justice for Myanmar targets hotel group

YANGON, 23 April 2021: Justice For Myanmar alleges one of the region’s top hotel companies, Shangri-La Group, has an ongoing business link with Myanmar’s military junta that overthrew the elected government in the 1 February coup.
The covert activists campaigning for justice and
accountability for the people of Myanmar alleged in a 16 April statement that
the hospitality group, listed on the Hong Kong Stock Exchange, leases land from
the army’s quartermaster general’s office for its five-star Sule Square complex.
TTR Weekly sought clarification from the Shangri-La communications office in Hong Kong on the group’s links to Sule Square. The group acknowledged receipt but at press time had not responded to JFM’s allegations. ....

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