#1 Robert Kuok
Birthday : 6 October 1923; Johor Bahru, Johor
Marital Status : Married, 8 children
Net worth : US$12.5 billion
Source of Wealth : Diversified
Source of Wealth : Diversified
Kuok is media-shy and most of his businesses are privately held by him or his family. Made his money in sugar, palm oil, shipping and property. His Kuok Group is organized under 3 main holding companies in Hong Kong, Singapore and Malaysia. Biggest -holding is in palm oil giant Wilmar International, run by nephew Kuok Khoon Hong, a Singapore citizen and also a billionaire. He is also holder in Shangri-La Hotels, Kerry Properties and South China Morning Post ( popular English newspaper in Hong Kong)
#2 Ananda Krishnan
Birthday : 1938; Brickfields, Kuala Lumpur.
Marital Status : Married, 3 children
Net worth : US$9.9 billion
Source of Wealth : Telecom
Source of Wealth : Telecom
He got start as an oil trader. He's shopping around his entire power portfolio in Malaysia, South Asia and the Middle East in a deal that could raise $2 billion. His Maxis Communications, the country's biggest cellphone service provider, recently inked a 10-year deal to share its 3G network with rival UMobile. India is investigating an allegation that he used his links with Indian billionaire Kalanithi Maran, his partner in radio and direct-to-home TV, for Maxis to unfairly acquire most of mobile firm Aircel when Maran's brother was India's telecom minister. Maxis denies any wrongdoing.
-
1964 (age 26)
- Obtained Master of Business Administration from Harvard University, USA.
- 1985 (age 47)
- Sponsor of the inaugural Band Aid concerts and plays an important role in the introduction of Live Aid to Asia.
1991 (age 53)
- Taking over the Racing Industry Malaysia (formerly the Selangor Turf Field).
1993 (age 55)
- Taking over one-third equity in the company Powertek.
1996 (age 58)
- Launching the inaugural Malaysian communications satellite, through his company Binariang Satellites Systems Limited.
Investment of Usaha Tegas Group
- Astro Holdings Sdn Bhd
- Maxis Bhd
- MEASAT Global Bhd
- Excorp N.V.
- Pacific States Investments Ltd
- PanOcean Management Ltd
- Tanjong plc
#3 Lee Kim Hua & family
Marital Status : Widow,6 children
Net worth : US$6.5 billion
Source of Wealth : Casino
Source of Wealth : Casino
Widow of Genting Group founder Tan Sri Dato' (Dr) Lim Goh Tong. Son Lim Kok Thay ranks No. 16
Genting Group, founded in 1965, now runs a range of activities including farming, manufacturing, paper, power generation, oil and gas, electronic commerce, tourism, navigation and information technology development.
Genting casinos is the main source.
#4 Tan Sri Dato' Lee Shin Cheng
Birthday : 3 June 1939; Kuala Lumpur
His IOI Group is a palm oil and -property development giant. Owns refineries in the U.S. and the Netherlands. Recently won a $322 million bid for a 6-acre plot in downtown Singapore where it plans to build a residential project. Failed to win certification from the palm oil environmental group IOI helped set up, causing Nestlé to temporarily stop buying from it. In 2008, Lee got his 'revenge' when he gathered enough financial might to buy up Dunlop Estate because that company rejected his apply job when he was 22 years old.
#5 Tan Sri Dato'Seri Dr Teh Hong Piow
He began his banking career in 1950 as a Bank Clerk in Overseas-Chinese Banking Corporation Ltd. and rose in rank to officer within five years. He joined Malayan Banking Berhad as Manager in 1960. Later in 1964, he was promoted to the position of General Manager at the young age of 34. Teh then left Malayan Banking in 1966 to set up Public Bank. The country's third-largest banking group; at the helm for 45 years. Group is expanding to Hong Kong, China and Cambodia. Supports Malaysian Paralympic Council, which oversees sports events for the disabled. He obtained three degrees at the unaccredited Pacific Western University and two PhDs at Clayton University (also unaccredited) and University Malaya.
#6 Tan Sri Quek Leng Chan
Genting casinos is the main source.
#4 Tan Sri Dato' Lee Shin Cheng
Birthday : 3 June 1939; Kuala Lumpur
Marital Status : Married, 6 children
Net worth : US$5.2 billion
Source of Wealth : Palm oil
Source of Wealth : Palm oil
His IOI Group is a palm oil and -property development giant. Owns refineries in the U.S. and the Netherlands. Recently won a $322 million bid for a 6-acre plot in downtown Singapore where it plans to build a residential project. Failed to win certification from the palm oil environmental group IOI helped set up, causing Nestlé to temporarily stop buying from it. In 2008, Lee got his 'revenge' when he gathered enough financial might to buy up Dunlop Estate because that company rejected his apply job when he was 22 years old.
In recognition of Lee's immense contributions to the evolving needs and aspirations of the property industry in Malaysia, he was bestowed the singular honour of FIABCI Malaysia Property Man of the Year 2001 Award. In February 2002, he was conferred the Honorary Doctorate Degree in Agriculture by Universiti Putra Malaysia in recognition of his contributions to the palm oil industry.
Lee serves as, among others, a Board Member of Universiti Putra Malaysia, the Adviser to the KL & Selangor Chinese Chamber of Commerce and Industry, a Council Member of Malaysian Palm Oil Association (MPOA), a member of Malaysia-China Business Council, the Honorary President of Association of Eng Choon Societies of Malaysia and Federation of Hokkien Association of Malaysia.
Since 1998, Lee has been providing scholarships and educations grants to outstanding and bright young students via Yayasan Tan Sri Sri Dato' Lee Shin Cheng #5 Tan Sri Dato'Seri Dr Teh Hong Piow
Birthday : 14 March 1930; Singapore
Marital Status : Married, 4 children
Net worth : US$5 billion
Source of Wealth : Banking
Source of Wealth : Banking
He began his banking career in 1950 as a Bank Clerk in Overseas-Chinese Banking Corporation Ltd. and rose in rank to officer within five years. He joined Malayan Banking Berhad as Manager in 1960. Later in 1964, he was promoted to the position of General Manager at the young age of 34. Teh then left Malayan Banking in 1966 to set up Public Bank. The country's third-largest banking group; at the helm for 45 years. Group is expanding to Hong Kong, China and Cambodia. Supports Malaysian Paralympic Council, which oversees sports events for the disabled. He obtained three degrees at the unaccredited Pacific Western University and two PhDs at Clayton University (also unaccredited) and University Malaya.
#6 Tan Sri Quek Leng Chan
Birthday : 1941; Singapore
Marital Status : Married, 3 children
Net worth : US$4.2 billion
Source of Wealth : Diversified
Heads conglomerate Hong Leong Financial Group and shares control with Singaporean cousin Kwek Leng Beng and Kwek's family. Upped stake in European gambling company Rank Group last May, triggering a tender offer. Inherited fortune from his father, one of 3 brothers who started a banking group in the 1920s.
#7 Tan Sri Syed Mokhtar Shah Bin Syed Nor Al Bukhary
Source of Wealth : Diversified
Onetime rice trader goes on an expansion binge, with his DRB-Hicom -buying a 43% stake in state-owned carmaker Proton for $422 million and 32% of postal company Pos Malaysia for $196 million. Telecom arm Puncak Semangat was among 9 companies to win a 4G spectrum allocation in December. Next target is rail operator KTM. Flurry of deals sent DRB-Hicom shares up 42%, helping to boost his fortune by $800 million.
#8 Tan Sri Dato' Seri Dr. Yeoh Tiong Lay
Source of Wealth : Diversified
Conglomerate he founded, YTL Corp., owns PowerSeraya, Singapore's second-largest power generator, and Starhill Global REIT, which owns retail properties in Malaysia and Singapore. His 57-year-old son, Francis, runs the show. Most successful conglomerate with interests in construction, utilities, hotels, property development and technology. YTL is based primarily in Malaysia but has extensive operations in Asia, Australia and the United Kingdom, where it owns the utility Wessex Water. YTL Corp has over $3 billion in cash.
#9 Tan Sri Datuk Tiong Hiew King
Birth place : Sibu, Sarawak
Source of Wealth : Timber/palm oil
Tapped rubber as a teenager, now runs global empire of 5 listed and many private companies in forestry, palm oil, media, technology, property and hospitality. Last year finalized $1.7 billion sale of his stake in Eon Capital to No. 6 Quek Leng Chan's Hong Leong Bank. in 1975. Its overseas timber operations in Papua New Guinea is the largest in that country. He also has interests in logging operations in Russia. Tiong's Rimbunan Hijau Group also operates Sin Chew Jit Poh and Guang Ming Daily, two of the major Chinese national dailies inMalaysia, The National Daily in Papua New Guinea and Ming Pao Holdings Ltd in Hong Kong. He is forging a global Chinese publishing group with his Ming Pao Enterprises; Ming Pao newspaper is also available in San Francisco, New York, Vancouver and Toronto
#10 Tan Sri Dato' Seri Vincent Tan Chee Yioun
Birthday : 1952; Batu Pahat , Johor
Source of Wealth : Diversified
Stepped down as chairman of Berjaya Group, which he founded in 1984 and controls. Son Robin, who's the chief executive, added interim chairman to his duties. Group boasts interests in property, gaming, retail, telecom and media. Operates Wendy's, Starbucks and Krispy Kreme franchises. Also owns local 7-Eleven convenience stores. Worked as bank clerk, then insurance agent, but career took off when he brought the first McDonald's restaurant to Malaysia at age 29.
#11 Lee Hau Hian & Lee Oi Hian
Net worth : US$1.1 billion
Source of Wealth : Diversified
Brothers' fortune climbed 22% as stock in their Batu Kawan, a holding company for palm oil and chemical interests, rose on higher palm oil prices. Younger Lee is managing director, older Lee nonexecutive chairman of the group and chief executive of listed plantation subsidiary, Kuala Lumpur Kepong, which owns personal care products maker Crabtree & Evelyn.
#12 Tan Sri Dato' Azman Hashim
Source of Wealth : Finance
His professional experience began in Perth, Australia where he was employed by Messrs O.L. Haines & Co (Chartered Accountants) from 1955-1960. In 1960, he returned to serve with Bank Negara Malaysia until May 1964 when he left to start his own accountancy practice of Azman & Co which later grew into a partnership, Azman Wong Salleh & Co (Chartered Accountants). He then joined the Board of Malayan Banking Berhad in 1966 and was its Executive Director from 1971 to 1980. He was appointed Executive Chairman of Kwong Yik Bank Berhad in 1980 till 1982 when he became Chairman of the AmBank Group, Malaysia's fifth-largest bank by assets. Also holds stake in investment bank ECM Libra, which bought stakes in property developer Eastern & Oriental.
#13 Shahril & Shahriman Shamsudin
Net worth : US$845 Million
Source of Wealth : Oil and gas
Brothers head Sapura Group, whose oil-and-gas arm is close to wrapping up $3.7 billion merger.
#14 Dato' Mokhzani Mahathir
Birthday : January 1961;
Source of Wealth : Oil and gas
Son of former prime minister Mahathir Mohamad is executive chairman of petroleum company Kencana, which is merging with No. 13 Shahril and Shahriman Shamsuddin's SapuraCrest Petroleum. Sapura Kencana Petroleum will be Malaysia's largest oil-and-gas service provider.
#15 Tan Sri Anthony Francis Fernandes
Birthday : 30 April 1964;Kuala Lumpur
Source of Wealth : Airline
Flamboyant businessman took over AirAsia in 2001 with partner, No. 19 Kamarudin Meranun. The 2 built it into the region's largest budget airline. Launched long-haul AirAsia X in 2007. Also boasts hotel, mobile phone, insurance and education businesses. Fernandes owns a Formula 1 racing team and last year bought British sports car manufacturer Caterham and soccer club Queens Park Rangers. Also founder of Tune Air Sdn.Bhd. He has since founded the Tune Group of companies.
#16 Tan Sri Dato' Lim Kok Thay
Source of Wealth : Casino
Son of late Lim Goh Tong, has run Genting Group since 2003. Mother, Lee Kim Hua.
In 2006, Tan Sri Lim led his team to win the competitive bid to build and operate Singapore’s first integrated resort on Sentosa Island, called Resorts World Sentosa. The resort was progressively opened from January 2010 and has become a prominent tourist destination in the country. The resort features Southeast Asia’s first Universal Studios Singapore, six themed hotels, Maritime Experiential Museum and Aquarium and many more attractions. Under the guidance of Tan Sri Lim, the Genting Group has integrated resort properties in three Asian countries, namely Resorts World Genting in Malaysia, Resorts World Sentosa in Singapore and Resorts World Manila in the Philippines, attracting millions of leisure visitors and creating employment and tourism activities in these countries. The Group has two leisure projects in the United States of America, namely Resorts World New York and Resorts World Miami.
#17 Tan Sri Dr Chen Lip Keong
Source of Wealth : Casino
Expanding his NagaWorld complex—already the biggest casino in Cambodia—with a $370 million project, adding a glass-enclosed city walk and tourist garden. His company, Naga-Corp, which holds monopoly on gambling in Phnom Penh, listed in Hong Kong in 2006. First-half net profits last year more than doubled; he says full-year net profits will be substantially higher. Trained as a medical doctor before turning to property development
#18 Tan Sri Dato' Dr Jeffry Cheah Fook Ling
Source of Wealth : Casino
Founder and chairman of Sunway Group, with interests in construction, real estate, health care and education in 14 countries. In December it bought lease for 691 acres for development in Medini Iskandar, Johor for $238 million with sovereign fund Khazanah Nasional. Cheah set up Sunway College and Monash University Sunway Campus. These institutions, along with Jeffrey Cheah School of Medicine and Health Sciences and Sunway International School were later placed under the Jeffrey Cheah Foundation (formerly Sunway Education Trust Fund) which has not only given out scholarships worth more than RM80 million to date, but has reinvested all the profits from these institutions. The profits serve to upgrade facilities and ensure students benefit from a higher quality ofeducation. Wife, Susan, is on Sunway Bhd.'s executive committee; daughter, Sarena, is in management and on the board; and son Evan is CEO of the China business. Jeffrey got his start as an accountant for an auto assembly plant, then started a tin-mining company. Appointed by the Malaysian government to review the nation's education system
#19 Dato' Kamaruddin Meranun
Source of Wealth : Airline
The 2 now own 20% of Malaysia Airlines after a share swap with Khazanah Nasional, which leaves that company owning 10% of AirAsia. He is also the Deputy Group Chief Executive Director of AirAsia since December 2001. Prior to joining Tune Group and AirAsia, Dato' Kamarudin worked in Arab-Malaysian Merchant Bank from 1988 to 1993 as a Portfolio Manager, managing both institutional and high net-worth individual clients' investment funds. In 1994, he was appointed Executive Director of Innosabah Capital Management Sdn Bhd, a subsidiary of Innosabah Securities Sdn Bhd. He subsequently acquired the shares of its joint venture partner of Innosabah Capital Management Sdn Bhd, which was later renamed Intrinsic Capital Management Sdn Bhd.
#20 Tan Sri Datuk Seri Panglima Lau Cho Kun
Largest shareholder of plantation, property investment and trading outfit Hap Seng. Chipped in with local Chinese and Indian tycoons last year to buy No. 2 Ananda Krishnan's gaming unit and turn it into a charity, with profits donated to local Mandarin and Tamil schools. Other donors included No. 6 Quek Leng Chan, No. 21 William Cheng and No. 24 G. Gnanalingam.
Source of Wealth : Diversified
Heads conglomerate Hong Leong Financial Group and shares control with Singaporean cousin Kwek Leng Beng and Kwek's family. Upped stake in European gambling company Rank Group last May, triggering a tender offer. Inherited fortune from his father, one of 3 brothers who started a banking group in the 1920s.
#7 Tan Sri Syed Mokhtar Shah Bin Syed Nor Al Bukhary
Birthday : 1951; Alor Setar, Kedah
Marital Status : Married, 5 children
Net worth : US$3.3 billionSource of Wealth : Diversified
Onetime rice trader goes on an expansion binge, with his DRB-Hicom -buying a 43% stake in state-owned carmaker Proton for $422 million and 32% of postal company Pos Malaysia for $196 million. Telecom arm Puncak Semangat was among 9 companies to win a 4G spectrum allocation in December. Next target is rail operator KTM. Flurry of deals sent DRB-Hicom shares up 42%, helping to boost his fortune by $800 million.
- Supports the AlBukhary International University and the Islamic Arts Museum in Kuala Lumpur
#8 Tan Sri Dato' Seri Dr. Yeoh Tiong Lay
Birth place : Klang, Selangor
Marital Status : Married, 5 children
Net worth : US$2.6 billionSource of Wealth : Diversified
Conglomerate he founded, YTL Corp., owns PowerSeraya, Singapore's second-largest power generator, and Starhill Global REIT, which owns retail properties in Malaysia and Singapore. His 57-year-old son, Francis, runs the show. Most successful conglomerate with interests in construction, utilities, hotels, property development and technology. YTL is based primarily in Malaysia but has extensive operations in Asia, Australia and the United Kingdom, where it owns the utility Wessex Water. YTL Corp has over $3 billion in cash.
#9 Tan Sri Datuk Tiong Hiew King
Birth place : Sibu, Sarawak
Marital Status : Married, 4 children
Net worth : US$1.5 billionSource of Wealth : Timber/palm oil
Tapped rubber as a teenager, now runs global empire of 5 listed and many private companies in forestry, palm oil, media, technology, property and hospitality. Last year finalized $1.7 billion sale of his stake in Eon Capital to No. 6 Quek Leng Chan's Hong Leong Bank. in 1975. Its overseas timber operations in Papua New Guinea is the largest in that country. He also has interests in logging operations in Russia. Tiong's Rimbunan Hijau Group also operates Sin Chew Jit Poh and Guang Ming Daily, two of the major Chinese national dailies inMalaysia, The National Daily in Papua New Guinea and Ming Pao Holdings Ltd in Hong Kong. He is forging a global Chinese publishing group with his Ming Pao Enterprises; Ming Pao newspaper is also available in San Francisco, New York, Vancouver and Toronto
#10 Tan Sri Dato' Seri Vincent Tan Chee Yioun
Birthday : 1952; Batu Pahat , Johor
Marital Status : Married, 11 children
Net worth : US$1.2 billionSource of Wealth : Diversified
Stepped down as chairman of Berjaya Group, which he founded in 1984 and controls. Son Robin, who's the chief executive, added interim chairman to his duties. Group boasts interests in property, gaming, retail, telecom and media. Operates Wendy's, Starbucks and Krispy Kreme franchises. Also owns local 7-Eleven convenience stores. Worked as bank clerk, then insurance agent, but career took off when he brought the first McDonald's restaurant to Malaysia at age 29.
- Pledged to donate half of wealth during his lifetime, and on his 60th birthday Feb. 25, he said he would give $200 million to the Better Malaysia Foundation, which he founded.
#11 Lee Hau Hian & Lee Oi Hian
Net worth : US$1.1 billion
Source of Wealth : Diversified
Brothers' fortune climbed 22% as stock in their Batu Kawan, a holding company for palm oil and chemical interests, rose on higher palm oil prices. Younger Lee is managing director, older Lee nonexecutive chairman of the group and chief executive of listed plantation subsidiary, Kuala Lumpur Kepong, which owns personal care products maker Crabtree & Evelyn.
#12 Tan Sri Dato' Azman Hashim
Birthday : July 1939; Kampung Baru, Kuala Lumpur
Marital Status : Married, 5 children
Net worth : US$900 MillionSource of Wealth : Finance
His professional experience began in Perth, Australia where he was employed by Messrs O.L. Haines & Co (Chartered Accountants) from 1955-1960. In 1960, he returned to serve with Bank Negara Malaysia until May 1964 when he left to start his own accountancy practice of Azman & Co which later grew into a partnership, Azman Wong Salleh & Co (Chartered Accountants). He then joined the Board of Malayan Banking Berhad in 1966 and was its Executive Director from 1971 to 1980. He was appointed Executive Chairman of Kwong Yik Bank Berhad in 1980 till 1982 when he became Chairman of the AmBank Group, Malaysia's fifth-largest bank by assets. Also holds stake in investment bank ECM Libra, which bought stakes in property developer Eastern & Oriental.
#13 Shahril & Shahriman Shamsudin
Source of Wealth : Oil and gas
Brothers head Sapura Group, whose oil-and-gas arm is close to wrapping up $3.7 billion merger.
#14 Dato' Mokhzani Mahathir
Birthday : January 1961;
Marital Status : Married, 5 children
Net worth : US$685 MillionSource of Wealth : Oil and gas
Son of former prime minister Mahathir Mohamad is executive chairman of petroleum company Kencana, which is merging with No. 13 Shahril and Shahriman Shamsuddin's SapuraCrest Petroleum. Sapura Kencana Petroleum will be Malaysia's largest oil-and-gas service provider.
- Race car driver, he's chairman of Sepang International Circuit, home to the Malaysian Grand Prix.
#15 Tan Sri Anthony Francis Fernandes
Birthday : 30 April 1964;Kuala Lumpur
Marital Status : Married, 2 children
Net worth : US$615 MillionSource of Wealth : Airline
Flamboyant businessman took over AirAsia in 2001 with partner, No. 19 Kamarudin Meranun. The 2 built it into the region's largest budget airline. Launched long-haul AirAsia X in 2007. Also boasts hotel, mobile phone, insurance and education businesses. Fernandes owns a Formula 1 racing team and last year bought British sports car manufacturer Caterham and soccer club Queens Park Rangers. Also founder of Tune Air Sdn.Bhd. He has since founded the Tune Group of companies.
#16 Tan Sri Dato' Lim Kok Thay
Birthday : 1951
Marital Status : Married, 3 children
Net worth : US$605 MillionSource of Wealth : Casino
Son of late Lim Goh Tong, has run Genting Group since 2003. Mother, Lee Kim Hua.
In 2006, Tan Sri Lim led his team to win the competitive bid to build and operate Singapore’s first integrated resort on Sentosa Island, called Resorts World Sentosa. The resort was progressively opened from January 2010 and has become a prominent tourist destination in the country. The resort features Southeast Asia’s first Universal Studios Singapore, six themed hotels, Maritime Experiential Museum and Aquarium and many more attractions. Under the guidance of Tan Sri Lim, the Genting Group has integrated resort properties in three Asian countries, namely Resorts World Genting in Malaysia, Resorts World Sentosa in Singapore and Resorts World Manila in the Philippines, attracting millions of leisure visitors and creating employment and tourism activities in these countries. The Group has two leisure projects in the United States of America, namely Resorts World New York and Resorts World Miami.
#17 Tan Sri Dr Chen Lip Keong
Birthday : 1951
Marital Status : Married, 3 children
Net worth : US$600 MillionSource of Wealth : Casino
Expanding his NagaWorld complex—already the biggest casino in Cambodia—with a $370 million project, adding a glass-enclosed city walk and tourist garden. His company, Naga-Corp, which holds monopoly on gambling in Phnom Penh, listed in Hong Kong in 2006. First-half net profits last year more than doubled; he says full-year net profits will be substantially higher. Trained as a medical doctor before turning to property development
#18 Tan Sri Dato' Dr Jeffry Cheah Fook Ling
Birth place : Ipoh, Perak
Marital Status : Married, 3 children
Net worth : US$580 MillionSource of Wealth : Casino
Founder and chairman of Sunway Group, with interests in construction, real estate, health care and education in 14 countries. In December it bought lease for 691 acres for development in Medini Iskandar, Johor for $238 million with sovereign fund Khazanah Nasional. Cheah set up Sunway College and Monash University Sunway Campus. These institutions, along with Jeffrey Cheah School of Medicine and Health Sciences and Sunway International School were later placed under the Jeffrey Cheah Foundation (formerly Sunway Education Trust Fund) which has not only given out scholarships worth more than RM80 million to date, but has reinvested all the profits from these institutions. The profits serve to upgrade facilities and ensure students benefit from a higher quality ofeducation. Wife, Susan, is on Sunway Bhd.'s executive committee; daughter, Sarena, is in management and on the board; and son Evan is CEO of the China business. Jeffrey got his start as an accountant for an auto assembly plant, then started a tin-mining company. Appointed by the Malaysian government to review the nation's education system
#19 Dato' Kamaruddin Meranun
Marital Status : Married, 5 children
Net worth : US$560 MillionSource of Wealth : Airline
The 2 now own 20% of Malaysia Airlines after a share swap with Khazanah Nasional, which leaves that company owning 10% of AirAsia. He is also the Deputy Group Chief Executive Director of AirAsia since December 2001. Prior to joining Tune Group and AirAsia, Dato' Kamarudin worked in Arab-Malaysian Merchant Bank from 1988 to 1993 as a Portfolio Manager, managing both institutional and high net-worth individual clients' investment funds. In 1994, he was appointed Executive Director of Innosabah Capital Management Sdn Bhd, a subsidiary of Innosabah Securities Sdn Bhd. He subsequently acquired the shares of its joint venture partner of Innosabah Capital Management Sdn Bhd, which was later renamed Intrinsic Capital Management Sdn Bhd.
#20 Tan Sri Datuk Seri Panglima Lau Cho Kun
Largest shareholder of plantation, property investment and trading outfit Hap Seng. Chipped in with local Chinese and Indian tycoons last year to buy No. 2 Ananda Krishnan's gaming unit and turn it into a charity, with profits donated to local Mandarin and Tamil schools. Other donors included No. 6 Quek Leng Chan, No. 21 William Cheng and No. 24 G. Gnanalingam.
