Fresh from disclosing the distribution of shares of the late Tan Sri Dr Chen Lip Keong which is held under the family trust, a surprising new development has taken place at Hong Kong-listed NagaCorp Ltd.
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Malaysian casino tycoon Chen Lip Keong, founder of Hong Kong-listed casino operator NagaCorp passed away at age 76 on December 8 after succumbing to an illness, as per a company statement. The billionaire had a net worth of $1.3 billion at the time of his death.