Lawmakers are questioning wisdom of allowing FAA to delegate some certification tasks to plane maker following two fatal 737 MAX crashes
THANKS to rising profits, the net worth of industrial stretch film producer Scientex’s founding family increased by some 6% last year, pushing them up six rungs from a year earlier.
OFTEN seen as a businessman with his hands in many different and successful portfolios, Quek, 77, saw his net worth drop by RM800mil or 5% to RM15.2bil in 2018.
NGAU’S fortunes rose by nearly 22% last year amid challenging times faced by the oil and gas sector.
THE Yeoh family maintains its 11th spot on the top 40 richest list, despite its net wealth declining by RM2.3bil or 25% in 2018.
CHEAH’S wealth is derived from a direct 9.3% in Value Partners Group, and an indirect 21.8% via Cheah Capital Management Inc. Value Partners is listed on the Hong Kong stock exchange.