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Malaysian tycoon
Shares of Malaysian billionaire Lim Kok Thay's Genting slump to near 2-decade low
Shares of Genting Berhad, controlled by Malaysian billionaire Lim Kok Thay, fell to their lowest in almost 20 years after the group announced plans to raise RM1.25 billion (US$306 million) for debt repayment and working capital.
Malaysian billionaire brothers' IOI Properties, Singapore's Capitaland in exclusive talks to buy one of city-state's tallest skyscrapers
3 Malaysian tycoon daughters, including richest man Robert Kuok's, make Fortune's 'Most Powerful Women Asia' list
Malaysia's IOI Properties to buy Singapore’s Shenton House from its billionaire CEO for $1
Malaysia-listed IOI Properties has agreed to buy from its group CEO Lee Yeow Seng the firm holding Singapore’s Shenton House for S$1 (US$0.78), but will also repay S$217.06 million (US$169.7 million) worth of shareholder advances.
October 4, 2026 | 04:29 pm PT
Billionaire brothers' IOI Properties to build 4 new Marriott hotels across Malaysia
IOI Properties, controlled by billionaire brothers Lee Yeow Chor and Lee Yeow Seng, has inked an agreement with Marriott International to develop four new hotels with a combined 888 rooms across Malaysia.
October 3, 2026 | 04:27 pm PT
Malaysian tycoon Jeffrey Cheah’s Sunway Construction secures $257M engineering job from US multinational tech firm
Sunway Construction Group (SunCon), part of Malaysian tycoon Jeffrey Cheah’s Sunway conglomerate, has secured RM1.04bil in mechanical, electrical and plumbing fit-out works from a US-headquartered multinational technology company.
August 21, 2026 | 07:39 pm PT
Malaysian billionaire Syed Mokhtar Albukhary’s MMC Corp reportedly shelves port IPO
Billionaire Syed Mokhtar Albukhary’s flagship MMC Corporation has reportedly instructed its advisers to stop working on the planned initial public offering of its port business, MMC Port Holdings.
August 20, 2026 | 08:50 pm PT
How Malaysia’s 2nd richest billionaires Koon Poh Keong and brothers turned 12-person firm into Southeast Asia’s biggest aluminum smelter
Press Metal started with only 12 workers in a small rented factory and grew into Southeast Asia’s largest aluminum smelter and extruder, making the Koon brothers who founded it Malaysia’s second-richest people.
August 16, 2026 | 03:03 pm PT
Malaysian billionaire Lee brothers’ IOI Properties wins approval for $1.85B REIT listing
IOI Properties, controlled by the billionaire Lee brothers, has secured regulatory approval in Malaysia to establish and list a real estate investment trust backed by RM7.58 billion (US$1.85 billion) in assets.
August 9, 2026 | 08:24 pm PT
Malaysian billionaire Koon brothers sell 35.6% stake in silicon metal producer to their flagship Press Metal
Southeast Asia's largest aluminium smelter Press Metal is buying from its controlling shareholders, Malaysian billionaire Koon brothers, an additional 35.6% stake in silicon metal producer PMB Technology.
August 5, 2026 | 02:00 am PT
Malaysian tycoon Jeffrey Cheah’s Sunway Construction wins $249M Johor data center job
Sunway Construction Group (SunCon), part of tycoon Jeffrey Cheah’s Sunway conglomerate, has secured a RM1.02 billion (US$249 million) engineering contract for a data center project in Malaysia’s Johor state.
August 3, 2026 | 03:00 am PT
Malaysian billionaire Syed Mokhtar Albukhary's IPO plan for property developer WM Senibong reportedly faces hurdles
Malaysian billionaire Syed Mokhtar Albukhary's reported plan to list WM Senibong, his Johor-based joint venture with Australia's Walker Corporation, has encountered some problems.
July 31, 2026 | 07:01 pm PT
Malaysian billionaire Lee Thiam Wah's 99 Speedmart to sell Midea home appliances
99 Speedmart, the Malaysian mini-mart chain founded by billionaire Lee Thiam Wah, will start selling selected products from Chinese home appliance giant Midea at its outlets nationwide from August.
July 31, 2026 | 07:01 pm PT
Malaysian billionaire Lim Kok Thay’s Genting starts second phase of $5.5B New York casino resort expansion
Genting, the conglomerate controlled by Malaysian billionaire Lim Kok Thay, has broken ground on the second phase of its US$5.5 billion integrated casino resort expansion in New York.
July 25, 2026 | 03:22 pm PT
Malaysian billionaire Syed Mokhtar urged to rescind appointment of MMC Port chairman
Civil society groups have called on Malaysian billionaire Syed Mokhtar Al-Bukhary to revoke the appointment of the executive chairman for his logistics giant MMC Port Holdings.
July 22, 2026 | 08:16 pm PT
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