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PETALING JAYA: PPB Group Bhd, the company controlled by billionaire Robert Kuok(pic), has agreed to acquire the Armed Forces Fund Board’s (LTAT) entire 16.8% stake in property developer Hillcrest Gardens Sdn Bhd for RM59mil cash.
SINGAPORE: Joanne Kua, Group Chief Executive Officer and Executive Director of Malaysia-based KSK Group, is listed in the Forbes Asia's inaugural Emergent 25 List which honours businesswomen making their mark in regional enterprises.
KUALA LUMPUR: It was a very volatile half-hour for the Malaysian stock market as the FBM KLCI snapped back from a 40 point fall to climb 13 points, underpinned by gains in Public Bank and Robert Kuok-owned PPB Group.
KUALA LUMPUR: The Team of Eminent Persons has given an assurance that Malaysia will honour its debt obligations under the new government and highlighted that the current political changes in the country are happening at “a very positive time”.
KUALA LUMPUR: The financial market reaction to the change in the government was better than initially expected following the smooth power transition, said Permodalan Nasional Bhd ( PNB ) Group Chairman Tan Sri Abdul Wahid Omar.
PETALING JAYA: Tycoon Robert Kuok is entering the wind energy market in Taiwan through a collaboration between two companies linked to him.