Penang’s new financial hub


JALAN Sultan Ahmad Shah, popularly known as “the millionaire’s row”, has since the mid-90s emerged successfully as the alternative prime financial district on the island, overshadowing Beach Street, the oldest commercial hub of Penang.  

Many of the country’s well-known foreign and local banks are now located on this famous road, where local millionaires such as the late Lim Lean Teng, Yap Chor Ee, and Tan Sri Loh Boon Siew built their mansions and resided.  

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!

Next In Business News

ISF Group IPO oversubscribed by over 31 times
Dayang subsidiary to purchase marine vessel for RM117.7mil
Ringgit eases slightly against greenback on caution amid renewed US-EU tariff tension
Maybank launches ROAR30 strategy plan, targets 13-14% ROE by 2030
Mitrajaya accepts RM42.81mil fourth variation order for data centre project
PJBumi acquires drilling rigs for RM162mil
Manforce secures Bursa approval for ACE Market IPO
Ancom Nylex reports higher 2Q net profit
One Gasmaster IPO oversubscribed 25.24 times ahead of ACE Market debut
Broad-based selling drags FBM KLCI below 1,700 for third straight day

Others Also Read