Kuok Group

95 results for Kuok Group

  • vLex Rating
  • 40 Richest Malaysians

    ROBERT KUOK HOCK NIEN, 88 Chairman, KUOK GROUP & KERRY GROUP

  • 40 Richest Malaysians

    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.

  • (40 Richest Malaysians)

    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.

  • Indebted Drydocks Sells Stake in Asia Operations

    ... 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...

  • 40 Richest Malaysians

    ] 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...

  • Cross-Border Synergy Ride

    ... 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.

  • In Good Hands

    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

  • With an Eye On the Future

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

  • Highest Return On Revenue

    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...

  • The Glc Quandary

    While it cannot be denied that government-linked companies have an important role to play in economic capacity building, their internal workings should not face excessive interference from the government as this will limit their growth. IRRESPECTIVE of what argument the respondents in the Sime Darby Bhd civil suit put forward, I have all along maintained that the board of directors of the...

    ... suit - its former chief executive officer Datuk Seri Ahmad Zubir Murshid - had accused the group of selective prosecution by ignoring the main board's collective responsibility in the losses. The ...Take the case of the purchase of the Kuok Group's sugar-related businesses in Malaysia by Felda at a time when the long-term sugar ...

  • The Glc Quandary

    While it cannot be denied that government-linked companies have an important role to play in economic capacity building, their internal workings should not face excessive interference from the government as this will limit their growth. IRRESPECTIVE of what argument the respondents in the Sime Darby Bhd civil suit put forward, I have all along maintained that the board of directors of the...

    ... suit - its former chief executive officer Datuk Seri Ahmad Zubir Murshid - had accused the group of selective prosecution by ignoring the main board's collective responsibility in the losses. The ...Take the case of the purchase of the Kuok Group's sugar-related businesses in Malaysia by Felda at a time when the long-term sugar ...

  • Getting a Piece of Pos Malaysia

    ... peninsula and Sabah & Sarawak. The Transmile Group Bhd, controlled by the Kuok Group, has traditionally carried the cargo for Pos Malaysia, but since the end of last year, the contract has been on a month-to-month basis, according to sources.

  • Not so Rich

    Our 40 Richest Malaysians survey this year shows a general drop in wealth levels following the lacklustre stock market and worry over global uncertainties. But on the bright side, we have three more billionaires on the list. MANY investors saw an erosion in the value of their asset portfolios following dipping share prices brought on by the global economic uncertainties. The country's financial...

    ... Kamarudin Meranun and brothers Datuk Shahril Shamsuddin and Shahriman Shamsuddin of Sapura Group, had inked major corporate deals in the past year, bolstering their companies' market ...Despite an 8% drop in his wealth, Robert Kuok, at RM45.7 billion, remains at the top spot. The decrease in Kuok's wealth by some RM5 billion ...

  • Kuok's Comeback

    AT 80, most successful businessmen would have called it a day. But not Robert Kuok Hock Nien, Malaysia's richest man with an estimated wealth of

  • 40 Riche$T Malaysians: Gains All Round

    AS the world strives to get back on its feet and equities rebound, so have the fortunes of Malaysia's tycoons. In fact, Malaysian Business' 40 Richest list for this year contains 22 billionaires, eight more than last year. MALAYSIA'S 40 RICHEST INDIVIDUALS all increased their net worth the last one year on the back of a recovery in the stock market. As the country recuperated from the effects of...

    ...But one name that stands out is Datuk Seri Nazir Razak of CIMB Group because, unlike most of the others on the list, he is not a company founder or second- generation ...No more the `Sugar King'. Still, no one is able to unseat Robert Kuok as the country's richest individual. Since our previous survey, Kuok has added another RM16.10 ...

  • The Rich Get Richer

    RISING stock prices lead to rising fortunes for Malaysia's 40 Richest individuals. ON THE back of a bullish equity market, the country's wealthiest individuals showed a remarkable rise in their financial worth. The combined wealth of Malaysia's 40 Richest individuals rose by more than 30% to RM206.37 billion from a year ago.

    ... his entry to the Top 10 ranks thanks to the surging valuation of his British-listed Mulberry Group Plc. His wealth doubled to RM3.98 billion from a year ago, taking him past Berjaya Group's Tan Sri ...T Ananda Krishnan, who for most years had to play second fiddle to first-placed Robert Kuok, closes the gap considerably this year. With a fortune estimated at RM45.78 billion, the ...

  • The Kuok Businesses

    HONG KONG Shangri-La Asia Ltd - Today it is the largest luxury hotel operator in

    Asia and a testament to Robert Kuok's entrepreneurial skills. Held via. Kuok's Kerry Group (45%), the company manages and owns some 39 hotels. across East Asia and is planning hotels in Europe and the United States. It plans to have some 50 hotels by 2005 across the globe. In Malaysia,. ...

  • Highest Return On Revenue

    PPB Group Bhd retains its lead position three years in a row but with margins remaining unchanged from a year ago at 79.7%. The company, owned by billionaire Robert Kuok, is looking to double its milling capacity in Indonesia to 2,000 tonnes by the end of next year. It is also looking to expand its presence in China. Genting Bhd, which registered a margin enhancement to 42.7% versus the previous year'

  • Ppb-Wilmar Deal Sets a Precedent

    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.

    ... would have known, is among the key assets of the Hong Kong-based Malaysian billionaire Robert Kuok Hock Nien, a.k.a. the Sugar King. But it was not until that date and, through that announcement, ...The Star newspaper on April 12 reported that shareholders of PPB Group Bhd had given the nod for the merger between Wilmar International Ltd and PPB's subsidiary, PPB Oil ...

  • Driving Them On

    WHAT does the recent spate of delisting of companies on Bursa Malaysia mean to minority shareholders? We take a look at some of these deals. Synergy Drive - make them as big as you can

    ... major takeover and privatisation exercise quickly followed in December 2006 involving the Kuok Group in Malaysia. In one of the country's biggest cross-border deals in recent times, ...

  • Lending a Bullish Hand

    THANKS TO THE SPECTACULAR RISE IN COMMODITY PRICES, PLANTATION TYCOON TAN SRI LEE SHIN CHENG IS NOW FIRMLY ETCHED IN THE TOP THREE OF MALAYSIA'S RICHEST. From sixth position in last year's ranking, Lee is now Malaysia's third-richest tycoon, edging Tan Sri Quek Leng Chan to fourth place. Benefiting from strong gains in the price of crude palm oil, Lee's flagship IOI Corporation Bhd has seen its...

    ...There are two new faces in the top 10 of the list - Berjaya group's Tan Sri Vincent Tan and Amcorp Group's Tan Sri Azman Hashim, who take 8th and 10th spot ...Hong Kong-based Robert Kuok remains firmly entrenched at number one. With an additional RM25 billion to his wealth, it would ...

  • Sweet Tidings

    WITH the exit of Robert Kuok from the local sugar industry, Tan Sri Syed Mokhtar Al-Bukhary is all set to become the undisputed `Sugar King' of Malaysia. TAN SRI Syed Mokhtar AL-Bukhary's position as the `King of Rice' has been enhanced. Not only that, he is now being dubbed the new `Sugar King' with the exit of Robert Kuok from the sugar business.

  • (40 Richest Malaysians)

    ROBERT Kuok Hock Nien, 83 Chairman,

  • Growing From Strength to Strength

    FROM rubber, timber and sugar to property, construction, gaming, hotels, auto, textiles and jewellery, Malaysia's richest business families are in them all, and more. Except for a few, most of them started on a humble note more than five decades ago. With hard work, a bit of luck - and probably some first-mover advantage too - they grew and grew and now enjoy pride of place in the nation's...

    ...Among names that come readily to mind are `Sugar King' Robert Kok Hock Nien of the Kuok Group, Tan Sri Lim Goh Tong of Genting Group, the late Tan Sri Loh Boon Siew of Oriental Group, Tan ...

  • Globalisation Vs Confidence

    THE TIMING OF THE ANNOUNCEMENT BY THE VENERABLE KUOK Brothers' business empire on the restructuring of its plantation and milling operations in Malaysia could not have been more ominous. It came hot on the heels of the mega merger of Permodalan Nasional Bhd (PNB)'s plantation companies - Sime Darby Bhd, Golden Hope Plantations Bhd and Kumpulan Guthrie Bhd - and only weeks after the keris-wielding Umno General Assembly spooked many Malaysians...