Friday, July 25, 2014   

Robert Kuok heads Malaysia’s billionaire ranks
(02-27 17:44)

Ninety-year-old tycoon Robert Kuok heads the list of Malaysia's wealthiest, according to the latest ranking of the top 50 in the country by Forbes magazine.
His wealth is estimated at US$11.5 billion. Forbes said his net worth shrank by US$1 billion compared with last year.
Telecom tycoon Ananda Krishnan was ranked the second richest with a net worth of US$11.3 billion, also down from US$11.7 billion.
Genting Group billionaire Lim Kok Thay, who operates casinos and resorts ranked third with a net worth of US$6.5 billion.
Forbes said the list was compiled using shareholding and financial information obtained from the families and individuals, stock exchanges, analysts, private data bases, the Companies Commission of Malaysia and other sources. Net worth figures are based on stock prices and exchange rates as of the close of markets on February 12.—The Standard
   
Other Business breaking news:
Hong Kong shares end at three-year high (07-24 17:20)
Asian shares mostly up on China manufacturing data (07-24 16:52)
Hong Kong shares end 0.71 percent higher (07-24 16:26)
LG profit soars in second quarter (07-24 15:17)
Nikkei reverses early gains (07-24 14:58)
Hang Seng up at mid-day (07-24 12:26)
Japan trade deficit expands further (07-24 11:38)
SKorea to launch US$40b stimulus package (07-24 11:18)
Nikkei up by break (07-24 11:09)
China factory activity jumps to 18-month high: survey (07-24 10:53)

More breaking news >>

© 2014 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2014, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.