Francis Yeoh says not a crony of former PM


KUALA LUMPUR: Tan Sri Francis Yeoh (pic) has said he was not a crony of former prime minister Tun Dr Mahathir Mohamad.

The YTL Corp Bhd group managing director said he wanted to dispel the “misperception that successful businesses in Malaysia are a result of crony capitalism,” making reference to one particular news article that covered his speech at the Global Malaysia Series talks held on Tuesday.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Francis Yeoh , YTL

Next In Business News

Pantech cautiously positive on outlook
AmBank Group provides RM103.8mil financing for Kedah solar project
Malaysia Aviation Group names Bryan Foong airline business CEO, Low Wen Long strategy chief
FBM KLCI rebounds to reclaim 1,700 level
Oil prices fall as risks from Kazakh production halt subside
Gold zooms past US$4,800 for the first time as Greenland tensions simmer
Maybank aims to mobilise RM300bil in sustainable finance by 2030
Airbus reaffirms long-term commitment to Malaysia’s aerospace sector
High court approves Capital A's capital reduction, working towards PN17 status uplift
Stocks shaken by geopolitical fears, Japanese bonds bounce after selloff

Others Also Read