Kuok Group

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94 documents for Kuok Group
  • ROBERT KUOK HOCK NIEN, 88 Chairman, KUOK GROUP & KERRY GROUP

  • DUBAI (Reuters) - Dubai's indebted Drydocks World has sealed a joint venture deal with a company backed by Malaysian billionaire Robert Kuok that could see the Asian firm buy as much as 70 percent of its southeast Asian business, sources said on Wednesday [June 27]. Drydocks, which sought insolvency protection in April as it restructures $2.2 billion of debt, said it would form a joint venture with Pacific Carriers Ltd., part of Kuok Group, to hold its southeast Asian shipbuilding and repair business. Financial terms were not disclosed.

  • ROBERT KUOK HOCK NIEN, 87 Chairman, Kuok Group & Kerry Group [ RM50.04 billion ] * AS China became the centrepiece of the global investment theme in the past 12 months, Robert Kuok's total fortune rose in tandem by some 18% to RM50 billlion.

  • ROBERT KUOK HOCK NIEN, 86 Chairman Kuok Group RM42.76 billion DESPITE having sold his integrated sugar manufacturing business, Robert Kuok remains Malaysia's richest individual, with a fortune hitting RM42.76 billion. Still, the sale marks the end of an era for the `Sugar King' in local corporate history. The sugar business was where Kuok made his name and fortune in the early years of the meteoric rise of the Kuok group.

  • IT'S THE HOT season for the plantation sector and it has nothing to do with the weather phenomenon of El Nino either, which usually brings dry conditions to Southeast Asia and is forecast to come again soon. Rather, the sector has been impacted by two large unprecedented mergers and acquisitions (M&A); the first one involving government-linked companies and the second one involving a cross-border merger exercise. After the surprise proposed M&A by CIMB-led Synergy Drive for the Permodalan Nasional Bhd (PNB)-related plantation groups (Sime Darby, Golden Hope and Kumpulan Guthrie) announced in late November, another major M&A exercise has followed suit, this time among plantation companies involving the Robert Kuok group.

  • ] ROBERT KUOK HOCK NIEN, 85 Chairman, KUOK & KERRY GROUP RM26.6 billion LAST YEAR OBVIOUSLY LEFT a bitter taste for the `Sugar King'. His main listed interests - Kerry Properties Ltd and Shangri- La Asia Ltd in Hong Kong, and Malaysian flagship PPB Group Bhd - saw their shares prices slashed by more than half after the rally in the early part of 2008. All were victims of the slump in the global financial markets and resulting economic contraction. Accordingly, his wealth has declined from RM58.1 billion previously to RM26.6 billion.

  • THE Malaysian operations of the Kuok Group seem to have found new vitality under current Kuok Brothers Sdn Bhd chairman Chye Kuok, nephew of

  • LiKE most top officials in the Kuok Group, Chye Kuok Khoon Ho, who heads the Group's Malaysian operations, keeps a low profile. Thus, when we

  • ON DEC 14, 2006, SINGAPORE-BASED WILMAR INTERNATIONAL LTD (WIL) made a voluntary general offer for all the shares of Malaysian plantation company PPB Oil Palms Bhd (PPB). According to media reports, the deal, if accepted by shareholders and approved by such Malaysian authorities as the Finance Ministry and Securities Commission (SC), would be worth around RM15.5 billion.

    ... Hong Kong-based Malaysian billionaire Robert Kuok Hock Nien, a.k.a. the Sugar King. But it was not ... April 12 reported that shareholders of PPB Group Bhd had given the nod for the merger between ...

  • PPB GROUP BHD REPRISES ITS ROLE as the leader of this category, this time on better margins than the 37.1% recorded in the previous survey. The group, owned by Hong Kong-based Malaysia tycoon Robert Kuok, has been restructuring its operations in recent years and is reaping the fruits of that. In 2006, it injected PPB Oil Palms Bhd into Singapore-listed Wilmar International Ltd, which saw PBB now owning 18.35% of the Singapore entity. Last year it sold its sugar refineries and land used fro sugar cane cultivation to the Federal Land Development Authority (Felda). It received RM1.25 billion for this.

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