Tuesday, October 6, 2015   

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:
Europe to share info on tax avoidance deals of global corporations (20 mins ago)
(Books) Bernanke worried about ‘grand-daddy of all financial panics’ (38 mins ago)
Volkswagen admits 8m dirty diesels sold in Europe (1 hr 16 mins ago)
Greenback still mighty, but yuan gains ground in trade finance (2 hrs 2 mins ago)
Workers rip up Air France repute and exec shirts (2 hrs 47 mins ago)
HK public floats drop, but funds raised climb to HK$156b (10-06 17:01)
Hang Seng closes lower (10-06 16:20)
European court deals blow to Facebook personal data transfers (10-06 16:18)
Beijing reluctantly embraces Pacific trade pact (10-06 16:08)
Asian powerhouses put positive spin on Pacific trade pact (10-06 15:55)

More breaking news >>

© 2015 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 2015, 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.