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Malaysian billionaire Robert Kuok enters Taiwan's wind energy market
PETALING JAYA: Tycoon Robert Kuok is entering the wind energy market in Taiwan through a collaboration between two companies linked to him.
Zeti officially starts as PNB group chairman
KUALA LUMPUR: Former Bank Negara governor Tan Sri Zeti Akhtar Aziz has officially started her role as Permodalan Nasional Bhd (PNB) group chairman, replacing Tan Sri Abdul Wahid Omar who retired from the post on June 30.
Financial market reaction better than expected, says Wahid
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.
Zeti: Changes in the country are happening at “a very positive time.”
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”.
Wild ride for KLCI as Public Bank and PPB Group lead recovery
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.
Six reasons why investors should react rationally
GENERALLY, brokerages are predicting that Bursa Malaysia will go on a correction mode due to the change in government when it opens today.
KSK Group Joanne Kua in Forbes Asia's inaugural Emergent 25 list
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.
Robert Kuok controlled PPB buys LTAT stake in Hillcrest
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.
PPB buys out LTAT stake in developer Hillcrest
KUALA LUMPUR: PPB Group Bhd, the company controlled by billionaire Robert Kuok, has agreed to acquire Armed Forces Fund Board entire 16.8% stake in property developer Hillcrest Gardens Sdn Bhd for RM59mil cash.
Mixed fortunes for billionaire owners as stocks struggle to hold gains
KUALA LUMPUR: Billionaire bankers and palm oil planters continue to see their wealth grow year-to-date, as the share price of their flagship companies outperformed the broader stock market rise, fuelled by strong earnings outlook. But telecommunication tycoon T. Ananda Krishan and casino mogul Tan Sri Lim Kok Thay endured a rough start as analysts see rising risks for their businesses.