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Remains chairman of MasterCard Internationals Asia Pacific board and a member of MasterCard Internationals global board. Worried by the absence of her husband and secondson (Keng Seng followed after his father), Keng Quee's mother, Madam Lai sentKeng Quee to look for them. He is the executive chairman of Hong Leong Group Singapore. [15]:5262, He also lists a number of families, including Wang Lo Kat [sic] (Wong Lo Kat) and Lee Kam Kee [sic] (Lee Kum Kee), in a separate category. The school also enrolled the locally born Chinese children with the intention of giving them a classical education so that they would not forget about their roots. Runs Petra Group, named after his daughter. Installed countrys first wireless network in a condo project. We take a look at some of the infamous family disputes for fortunes and business empires that have shaken Singapore. Patricia Loy had children Paula Ann Loy, Angela T McCarthy-Dickens, Deborah Lynn Loy, Russell Dean Loy, and Raymond Mccarthy. Married, 11 children. 21 Kamarudin Meranun $280 million 47. Quiet bean counter helps more public partner Fernandes (number 15) run AirAsia. With luck on his side, the price of rubber was rising immensely due to the industrial rise. Popularly known as Ah Quee in 19th century Malaya, Chung was a man with a colourful history. Still, where there is a will there is often a way: We estimate that most of the 40 richest are entirely or mostly self-made, having built fortunes in diverse sectors such as ceramic tiles, airlines and banks. When the licences expired in 2010, the two companies owned by Teck Chuan were granted a license by Villawood. According to Jeffrey Seow, great-grandson of Chung Keng Kwee, his great-grandfather still walks the halls. Authorized Sports Federation and Olympic Committee of Hong Kong, China, Four big families of the Republic of China, "After Li Ka-shing, Hong Kong's property tycoons inherit tough market", Hong Kong Export Credit Insurance Corporation, Financial Services and the Treasury Bureau, Agriculture, Fisheries and Conservation Department, GuangzhouShenzhenHong Kong Express Rail Link, Hang Seng China-Affiliated Corporations Index, https://en.wikipedia.org/w/index.php?title=Four_big_families_of_Hong_Kong&oldid=1136958946, CS1 Chinese (Hong Kong)-language sources (zh-hk), CS1 Traditional Chinese-language sources (zh-hant), CS1 Chinese (China)-language sources (zh-cn), All Wikipedia articles written in Hong Kong English, Articles containing traditional Chinese-language text, Wikipedia articles needing factual verification from October 2018, Articles containing Chinese-language text, Articles needing the year an event occurred from November 2022, Creative Commons Attribution-ShareAlike License 3.0, Li Shek-pang (, 18631916) also known as Li Pui-choi () Originally from, Li Koon-chun (, 18871966) Founder of, George Joseph Ho ( 1950) Chairman of the Commercial Radio Hong Kong, Ho Sai-wing comprador, Hong Kong & Shanghai Bank, John Ho (, 19162005) Hon. The scholarship is tenable for the period laid down for the course of . 5 Lee Kim Hua & family $3.4 billion 79. As he built up his fast blooming company, Mr. Lee founded the company Kuala Lumpur Kepong Berhad, one of the leading plantation owning companies in Malaysia. His Rimbunan Hijau Group got its start in 1975 as a timber contractor. In 1956, Lee Kun-hee's younger sister married into the family of powerful Samsung's rival company, LG, but the relationship between the two companies became rocky. Net worth is up due to higher valuations of his Tune Hotels and long-haul discount airline AirAsia X, which attracted Japanese financial services firm Orix and Fernandes' first boss, billionaire Richard Branson, as investors. When Malaysian property magnate Quek Leng Chan started buying YHS shares in 1995, a takeover battle ensued between him and Ng. Former insurance salesman bought an ailing insurance company in 1991. Husband of Wife 3: FOO Teng Nyong; Wife 4: TAN Gaik Im, ; Wife 5: TAN Ah Loi; Wife 1: LIM Ah Chen ; Thye Tai and 1 other; and Wife 3: LEE See Mui less Author: CHUNG Yoon-NganDate: 04-10-03 08:12. This page was last edited on 15 February 2023, at 01:09. Tan Sri Lee, a resident of Perak, was a self-made businessman and entrepreneur who achieved fame and fortune in the plantation industry. Also controls container port Tanjung Pelepas and nearby Senai Airport and has stakes in an automaker and book retailer. In her book, she lists the Lis [Ka-shing], the Kwoks [Tak-seng], the Lees [Shau-kee], the Chengs [Yu-tung], the Paos [Yue-kong] and Woos [Peter] and the Kadoories as the powerful Hong Kong families who hold sway over local "property-cum-utility/public services conglomerates". WHILE many contributors to society may aspire to have a road named after them, philanthropist Chung Keng Kwee was honoured with two Lebuh Keng Kwee and Lebuh Ah Quee, both in Penang. Sekolah Berasrama Penuh Integrasi Rawang 6 km. Heawood Rubber Estate 3000 Acres at Sungai Siput Malaysia, YongPhin Mine at Kota, Malayaia Leader of the Hai San triad in Malaya Kapitan Chung Keng Kooi's Townhouse, Barrack Road A prominent tin-miner and leader of the Taiping Hakka community, Chung Keng Kooi (1829-1901) was also a Kapitan China of Perak and sat on the Perak State Council. ), ENGs vs ENGs: How A Million-Dollar Wanton Mee Business Rivalry Ended Up In Lawsuits, Family Feuds: From Tong Garden To Yeos, Here Are 7 Of Singapores Battles For Fortunes, Far East Organisation controlling Yeo Hiap Seng, lost his court fight against his two brothers, four companies worth more than S$120 million, Circles.Life unveils new loyalty programme collect points and draw rewards via virtual Gatcha. Remains reclusive though still has stakes in gaming, energy companies. Companys board members include Christopher Forbes, vice chairman of Forbes. Through his close association with the Menteri of Larut, Ngah Ibrahim, he received tin mining rights to Larut. In recognition of his munificence, the Manchu Imperial Government fittingly conferred on him the title of "Mandarin of Second Rank" retrospectively for three generations. He then joined KLK Group in 2010 and has since held various positions in the Oleochemical and Corporate divisions. Reportedly enjoys golf and water sports. Occasionally, there were sporadic fightings among the members of the two companies. Set up. Son of late rubber baron Lee Loy Seng and brother of Lee Oi Hian (No. Building gaming resort on Singapore island of Sentosa, slated to open in 2010. Companys stock up 70% in past year, driven by hype surrounding biofuel (gasoline or diesel mixed with palm oil to cut oil costs and pollution). Best known for its Green Rubber Global, which has a patented process invented by his father to devulcanize used rubber so it can be recycled. In a recent article C.A. Lee Loy Seng is a famous Malaysian businessman. Andrew immediately took over as chairman and president of the group from Ng Joo Soon, revealing his ultimate intention. Thye-phin Chung, Thye Siong Chung, Siew Yin Lam, Dec 13 1901 - Penang, Malaysia (Then called Malaya), Thye-yong Chung, Thye Pin Chung, Thye Siong Chung, Unknown Lam (born Chung), Dec 1901 - Penang, Malaysia (Then called Malaya), Hsing-fah @ Hing-fat Chung, Unknown Chung (born Lai), Keng-hung Chung, Mau-loy Chung, Keng-seng @ King-sing Chung, Yam-loy Chung. 16 Vinod Sekhar $320 million 40. Malaysia's 40 Richest needed a net worth of only $100 million to make the list this year, down from $127 million, despite the fact that the Malaysian ringgit gained 7% against the U.S. dollar, the currency in which their fortunes are measured. when Yap Ah Loy, Capit?n China since 1869, died ? It was uncertain if his search was successful. Upon entering, visitors are first greeted by a life-sized blackened bronze statue of Keng Kwee in the full regalia of Mandarin lord. He had to build the roads and present them to the Municipality, says Owen. Additional reporting by Megha Bahree, Caroline Chen, Lan Anh Nguyen, Glen Perkinson and Meenakshi Viswanathan, This is a BETA experience. His father, Lee Meng Hin was a tin miner who gave then Malayan economy a boost. . Maintains that his logging operations benefit local communities. Average Age & Life Expectancy Loy Lee lived 21 years longer than the average Lee family member when they died at the age of 92. From 1978 to 1992, he was the president of Perak Chinese Maternity Hospital (a private non-profit hospital that gives free treatment to the poor). Eventually got master's degree in philosophy from the University of Cambridge. Married, 4 children. Spends about third of time on charitable activities. Tan Sri Lee also holds the position of CEO at KLK. Many believed the temple to be haunted as the well behind the ancestral hall was where Ghee Hin and Hai San members dumped the heads of their enemies after executing them, says Owen. of Yeoh family heads YTL Corp., one of Malaysias largest conglomerates, with interests in construction, utilities, hotels, property development and technology. He applied what he believed to the way he lived and worked, which allowed him to gain respect from the people around him. The judge then said that the siblings conduct did not conform to a shared understanding of an equal right to take part in the companies management. [2], The founders of the original four families are Li Sek-peng (), Robert Ho Tung (), Hui Oi-chow () and Lo Cheung-shiu (). In March agreed to pay $135 million to acquire stakes in several plantation companies in Sarawak, Malaysia's largest state. There is a saying that family businesses seldom last beyond three generations the first generation builds, the second preserves, the third destroys. Heads human resources and government relations. Source: Chung Yoon Ngan in the Hakka Chinese Forum at Asiawind. By the end of the negotiations in 2002, Andrews shareholding had risen to 25 per cent, making him the largest shareholder, while the other threes fell to 17 per cent. [1] Of these families, the Lis and the Hos and their descendants are the two most recognized by regular Hong Kong citizens today. Recipients of the Foundations scholarships are encouraged to commit to life-long development of good character, practice continual learning and strive for greater heights. Now his Public Bank, which he still chairs, has 241 branches in Malaysia along with 66 in Hong Kong and China, and 9 in Cambodia. 4 on our Philippines' 40 Richest list) Alliance Global to operate hotel and casino complexes in the Philippines. B-1025, Dev Atelier, Opp. Here in this backyard once lay the notorious well into which victims of the Ghee n Society were thrown. Chung Keng Kwee died in Penang in 1898, surrounded by the wealth and opulence he painstakingly acquired. Widowed, 6 children. Kapitan Ah Quee's magnanimity is manifestly clear from the Council Minutes of Perak in "Papers on Malay Subjects" by R. J. Wilkinson, F. M. S. Government Press, Kuala Lumpur, 1908. IPOH (Sept 27): The late Tan Sri Lee Loy Seng, nicknamed "Taiko of Plantations", has played important roles and contributed so much to schools, hospitals and healthcare, as well as the old people's facilities around Ipoh, according to Sultan of Perak Sultan Nazrin Shah. Keng Seng had a daughter who was subsequently married off to the well-known "Tin king of Malaya", Towkay FOO, Choo Choon. Date: 9 JAN 2002. Alan Yeo was replaced as CEO by an outsider the first non-Yeo to assume the position and Ng Teng Fongs son, Robert Ng, took over as chairman in 1995. Raja Abdullah became the Sultan of Perak. On the death of his first wife, Mr. Lee Choon Guan married a daughter of the late Mr. Tan Keong Saik and has a son, Lee Pang Soo, who like his elder brothers was educated in England, and a daughter, Miss Lee Poh Neo. Family-owned nuts and snacks brand Tong Garden was founded by the late Ong Tong Guan, who sold peanuts since 1963. In February 1872 Chung Keng Quee caught Lee Ah Khun, the leader of the Ghee Hin Kongsi, commiting adultery with his niece. The resourceful stripling eventually found his father and brother in Perak. Back home he worked his way up at financial services firm CIMB, gaining a reputation as a savvy investment banker who led numerous restructurings and privatizations. Teck Chuan could not sustain the business through the existing entities because the group was troubled with demands for payments and legal actions. Sekolah Menengah Teknik Kuala Selangor 18 km. Alternative Death Date While his date of death is recorded as December 1901 in the book, A Gallery of Chinese Kapitans by C. S. Wong, another source reports his death date inscribed on his tombstone as 1898) Notes on Emmigration Turbulence in China forced Keng Quee's father, CHUNG, Hsing Fah to migrate to Malaya to seek greener pastures. Malaysian citizen known as OBS. At issue, among other things, were the words on trust which had appeared in a key clause in the will and had been capitalised and underlined. Li Yaqin, a Cantonese, the leader of the Yi Xing Kongsi, with the help of members of the Malay Royal House also mined for tin in the district of Larut, but in different area of Larut, not far the mines belonging to Chung Keng Kwee. [21] The Chinese translation of the book uses ; 'Hong Kong "big 6" families' as a section title. 17) is managing director of Batu Kawan and board member of Kuala Lumpur Kepong. Record information. Both are oil palm plantation companies with large landbanks. Myrna Lee Loy from tree Phillips Family Trees p Ol (Private) Record information. Married, 5 children. SMK Puncak Alam 6.7 km. 12 William H. J. Cheng $660 million 65. is rumored to be in talks to buy out Maxis' 74% stake in India's Aircel. 15) heads Genting. Chief executive director of Southern Bank Berhad for 23 years until bank was bought out in May. Mr. and Mrs. Lee Choon Guan have travelled extensively and have made more than one trip round the world. It was a very meaningful day on 2 September 2022 when the Tan Sri Lee Loy Seng Lecture Theatre, named in honour of the late Tan Sri Lee Loy Seng, was launched along with a cheque presentation of RM5million donation to UTAR Hospital. Caught up in the global equities slide, the Kuala Lumpur Composite Index (KLCI) was off 5% in the past year but has fallen 15% since mid-January. He came to Malaya from Cheng Sheng in Kwangtung province, China, in 1849, and eventually led the Hai San throughout the protracted years of conflict with the Ghee Hin during the Perak civil war. If possible, verify the text with references provided in the foreign-language article. Commercial Bank Still retains stakes in some of its public entities. Former chairman of Southern Bank Berhad. I will be paying most attention to the town and district of His daughter married the well-known Tin King of Malaya, Foo Choo Choon. Last year, the company saw a familial dispute that was taken to court, with one of his children suing his three siblings. Operations now span Malaysia, New Zealand and Africa. Son of rubber plantation owners and traders, he and wife started trading latex gloves in 1991 and opened first factory the next year. http://kekal-abadi.um.edu.my/filebank/published_article/3904/KA4(3) "Lui Kong Seng (Thunder God Seng)", "Cheang Keng Quee", "Cheang Keng Kwi", "Chong Kang Quee", "Chang Ah Quee", "Chang Keng Kooi", "CHUNG Ah Kwee", "Chung Ah Quee", "Chung Keng Quee". His father, Lee Meng Hin, was a tinminer who gave the then Malayan economy a boost. Date: 9 JAN 2002, Title: Mandarin 2nd Rank of the Manchu Imperial Government of the Ching Dynasty of China. Chen Ya Yan became the leader of Yi Xing Kongsi. Where strategically located for property development, KLK through its subsidiary KLK Land has ventured into mixed residential and commercial development - Sierramas, a FIABCI award winning residential development which was a joint venture with Tan & Tan Developments, Desa Coalfieds, Bandar Seri Coalfields in Sungai Buloh (1000 acres), Gerbang Nusajaya and Fraser Metropolis in Kulai, Johor (2500 acres). [2], Lee was awarded the titles of Dato' Seri in 1974, and Tan Sri in 1987. Thus Kapitan CHUNG, Keng Quee, his father CHUNG Hsing Fan and his grandfather CHUNG Tung Lin (the latter two pothumously) became simultaneously Mandarins of the Second Rank, a highly cherished honour in those days. As a result, the four men took the opportunity to ask Ng Joo Soon to reduce his share from the original 33.1 to 24 per cent, and the remaining 76 per cent were squared by the four, each holding 19 per cent. Notes on Keng Quee CHUNG Keng Quee is also spelt Keng Kwee or Keng Kooi. 23 Lee Hau Hian $250 million 55. He sat next to his Ghee Hin counterpart, Kapitan China Chin Ah Yam. Allan Loke, the eldest son of Loke Yew, once the richest man in Malaya, married Lam Chooi Lan whose mother, Chung Siew Ying, was the grand-daughter of Kapitan Chung Keng Quee. Explore historical records and family tree profiles about Lee Loy on MyHeritage, the world's family history network. Became chairman of Genting Group when his father, Lim Goh Tong (number 6), retired in late 2003. Yi Xing Kongsi allied with Raja Abdullah grabbed the throne of the State of Perak. Licences are then granted by Villawood to companies in the group to manufacture and sell Tong Garden products. Loves photography; avid reader. In 2000, the group faced financial difficulties and sold the Tong Garden trademark to Villawood Holdings for S$260,000 in a bid to liquidate its assets. Now trying to enter Macau and Singapore gaming markets; reportedly partnering with Universal in Singapore bid to gain edge over U.S. rivals. During his younger days, Tan Sri Lee Loy Seng studied at Yuk Choy secondary school in Perak but had his studies interrupted by the Second World War. [2] In order of influence, they are Li, Ho, Lo and Hui family. In Hanyu Pinzin his name is Zheng Jing Gui. He was practically the founder of Taiping town. Hong Kong billionaire Li Ka-shings The property is now owned by Swee Kee Holdings, a company set up by Freddy. In the case of Chua Cheng Bok, for example, although a history of the Cycle 8< Carriage Lim,ited has been pub lished (see Eric Jennings, Wheels Of Progress: 75 Years of Cycle & Carriage, Singapore, 1975), the information given on the Chua family is very sketchy. Vincent Tan's fortune has more than tripled, pushing him into the billionaire ranks (see profile). These are the earliest records we have of the Loy family. For people with publicly traded fortunes, net worths were calculated using current share prices and exchange rates. With the signing of the Pangkor Treaty January 1874, Taiping emerged to be the major town in Perak. Yap Ah Loy arrived in the Malay state of Selangor in 1856 at the age of 19. Kapitan Ah Quee died in Penang in 1898, a multi-millionaire, leaving behind very extensive landed property in Penang, Hongkong and Perak. Hutchison Whampoa 10 Tiong Hiew King $1.1 billion 78. Had been banned from directing a public company for 5 years after being convicted of reporting irregularities on the Malaysia bourse. At that time, as Ng Joo Soon was too weak in the board of directors, he had no power to fight back. Lafarge Malayan Cement, Rawang Plant 13 km. For the financial year ended 30 September 2019 (FY 2019), Batu Kawan achieved revenues of RM16.04 billion and a Group pre-tax profit of RM929.31 million. Majority owner and head of Kurnia Asia, one of Malaysias biggest insurance companies. Married, 5 children. His father, Chung Hsing-fah, had five sons and Ah Quee was the third. After the war, Yeo quickly expanded his business to producing canned food and bottled beverages. Former bank clerk used profits from real estate deal to open small bank 1966. You'd think we're lovers if you saw some of our SMSes. He is a Chartered Accountant and a Member of the Institute of Chartered Accountants Scotland (ICAS). He was practically the founder of Taiping town. The court dismissed the suit in 2007, but it was overturned in 2009 after an appeal. Grandchild of a billionaire, but this Sporean paves own path to build urban wellness hub, GXS CEO shares the digibanks growth and direction unveils second product, a flexible loan, We learn from failure, not success: Spore entrepreneurs on how making mistakes can be powerful, Sunday Bedding: This Sporean couple built a bedding brand, earned over S$1M revenue in 2021. 6 children. Studied in New York at Columbia University and graduated with an arts degree decades ago, before joining Selangors management team 1963. With partner, G. Gnanalingam (No. In recognition of his munificence, the Manchu Imperial Government conferredon him the title of Mandarin Second Rank retrospectively for three (3)generations. Fortune slipped because of his languishing Astro All Asia Networks. Son Wen Chiu Chi is now managing director. Thus overnight (literally) Keng Kwee, and his father and grandfather before him became Mandarins of the Second Rank - a respectable honour in China. His brother was so prosperous that he was popularly known as Lui Kung Seng (literally Seng, The god of thunder). Lists only female chairs Selangor Properties, large publicly traded real estate firm. Tan Sri Lee, a resident of Perak, was a self-made businessman and entrepreneur who achieved fame and fortune in the plantation industry. 28 Kua Sian Kooi $195 million 55. He was also the Hai San Kongsi leader in Penang. Avid dealmaker oversees $4 billion (combined sales) Berjaya empire; has stakes in 6 listed companies (see story). Henry Cheng, son of the late Cheng Yu-tung, was ranked 49th. Started out as field supervisor in plantation industry. Married, 3 children. Keng Kwee died in 1901 and was buried at Mount Erskine which, along with Fettes Park, had once belonged to the family. Oil Council; serves as director of U.K. chemical maker Yule Catto & Co. 18 Yaw Teck Seng $295 million 70. Eventually became real estate developer Selangor Properties, which husband ran until he died in 2000. Forty-six-year veteran of banking industry. One possible reason for this gap is that a large portion of the economy is still under state or foreign multinational control, which crowds out opportunities for local entrepreneurs. Heads Hong Leong Group Malaysia, a conglomerate of 14 listed companies traded on various stock exchanges. Most valuable is his holding in palm oil giant Wilmar International, run by nephew Kuok Khoon Hong, into which he merged his plantation and agribusiness last year. Victor Wan-tai Zheng, co-author of Grand Old Man of Hong Kong: Sir Robert Ho Tung (2007)[13] and Opium King: Lee Hysan (2011),[14] lists 10 "Wealthy Chinese Family Busineses [sic] in Hong Kong" in his PhD thesis: Ho Tung Family, Li Shek-pang Family, Fung Pak-liu Family (note: , co-founder of Li & Fung), Lee Leung-yick Family (note: father of Lee Hysan), Chau Wing-tai Family, Hui Oi-chow Family, Cheung Chuk-shan[zh] Family, Kowk [sic] (Wing On) Family, Fung Ping-shan[zh] Family and Tang Chi-ngong[zh] Family. No expenses were spared in decorating his home, and they were acquired from the four corners of the globe - Glaswegian cast-iron columns, English floor tiles, Chinese wooden panels and screens, and a Columbia Grafonola wind-up gramophone with the latest 78rpm shellacs were just a few of the luxuries he pampered himself with. Some of the members of the aforementioned "new" families were also on the list, such as Peter Woo, son-in-law of the late Pao Yue-kong (6th), Michael Kadoorie (12th), the brothers Tung Chee-hwa and Chee-chen (17th) and Chan Tan Ching-fen, widow of Chan Tseng-His [sic] (35th).[23]. In 1960, Ng Joo Soon founded a paint and thinner firm which grew and spanned across Singapore, Malaysia, Indonesia and China, with an annual turnover of about S$500 million. Took flagship Amcorp private last year; owns stake in banking arm AMMB, which started an Islamic bank 2 years ago. Their MK Land now one of countrys largest property development firms. Plans to list Green Rubber in London last year were delayed. Influential business families in Hong Kong. However his interest in education and learning remained with him for the rest of his life. Founder and majority owner of privately held Petra Group. Heads timber outfit Ta Ann. Big shareholder in Malaysian Mosaics, maker of tiles. Known in the company as TSVT (for Tan Sri Vincent Tan, Tan Sri being an honorific title, like Sir, in Malaysia). Keng Seng's daughter was subsequently married to the well-known "Tin king of Malaya", Towkay FOO, Choo Choon. Runs TA Enterprise. His brother was soprosperous that he was popularly known as Lui Kung Seng (literally Seng, The godof thunder). He and partner Kasi K.L. It was only after the administration of a stern warning by the commissioners (official side) that the Ghee Hins were quietened down but not without great disappointment. Chung Xingfa was from a village called Xin Cun in Zengcheng county of Guangdong province. Sing Tao Daily. After Malaya's independence, the British merchants had to leave and lands were being sold at a very low price. He was succeeded by his fourth son, Thye Phin, the last Kapitan China of Perak. His sons Datuk Lee Oi Hian, Datuk Lee Hau Hian and Datuk Lee Soon Hian are considered to be in the top 20 richest people in Malaysia with estimated net worths of US$250m each. Copyright to Sparrow Publishing House 2023, International Convenience Store Franchises, http://www.bkawan.com.my/pdf/Annual%20Report%202019.pdf, https://www.klk.com.my/wp-content/uploads/2019/12/1-KLK-Annual-Report-2019.pdf, T7 Global appoints Tan Kay Zhuin, son of Tan Sri Tan Kean Soon as Group CEO. Behind this august statue, beyond the wall of the outside, is the backyard of the temple. As the dead cannot clarify their intent from the grave, such disputes may only be resolved by the courts. Additional reporting by Megha Bahree. 20 Mokhzani Mahathir $285 million 47. Coppel has made a similar point with respect to research done on the Chinese . He is regarded as one of many philanthropists who had donated millions to various educational and charitable causes for the benefit of all races in Malaysia. Their investment company also holds shares in Pelikan, which makes pencils, pens, ink. He is a member on the Board of Trustees of the Tan Sri Lee Loy Seng Foundation and Yayasan KLK. To save money, half of all bookings made through the Internet. Kapitan Ah Quee, now a man of position and opulence, occasionally visited his home village in China, and, in commemoration of the birthday of his mother, Madam Lai, founded and endowed a big scholarship fund for poor Chinese scholars preparing themselves for the time-honoured civil service examinations. Cofounder of financial services firm TA Enterprise returned to the helm in August 2007. One of three Malaysian billionaire brothers Lee Oi Hian and Lee Hau Hian's fortune jumped by 40%, thanks partly to an investment by younger brother Hau Hian in London-listed chemicals company Synthomer. In recognition of his liberal generosity, the British Government named two roads in Penang after him. Stock of its Sunway City fell nearly 40% in the last year. The TAN SRI LEE LOY SENG FOUNDATION is an educational foundation which among other charitable activities, award scholarships to Malaysian students irrespective of their race and religion. GDB Holdings' ED, Cheah Jun Kai, is son of founder Cheah Ham Cheia. Daughter of a tin miner, she met and married Wen Tien Kuang at Columbia University. Fortune includes shares belonging to wife, Gan Siew Liat, head of human resources. Former oil traders holdings include Maxis Communications, Malaysias largest cell phone service provider; now entering Indian cell phone market with acquisition of 74% stake in Aircel Ltd. for $1.1 billion. It is up 70% in the past three years. He established the Yeo Hiap Seng (Yeo Unite to succeed) Sauce Factory in 1938 but business was bad due to stiff competition. In one of the biggest corporate deals in Malaysia this year, bank was bought out in May by rival bank Bumiputra-Commerce Holdings, adding to the coffers of the already wealthy Syed Mohd Yusof when he cashed out his shares and warrants. Date: 9 JAN 2002, 1829 - Birth of Chung Keng Quee 1841 - 1949 Travelled from China to Malaya 1860 - Began to operate his tin mines in Larut District, ================================= ================================= =================================. bottling plants in China. Board member, along with colleague G. Gnanalingam (number 17) of Westports, Malaysias largest privately owned port. (Vide "Papers on Malay Subjects", op. [16], Other authors have suggested new Four big families for the post colonial era. Believed to share fortune with kids, grandkids. He had four children, who are the only shareholders of the group. Acquired Berjaya (which means success in Malay) in 1984, built it into conglomerate with interests in financial services, hotels, theme parks, lotteries, education, real estate and manufacturing (makes heating pumps and bicycles). His Pacific Carriers Ltd. is a leading dry-bulk shipper in the Pacific basin; his Transmile Group, which transports freight by air, has landing rights in China and India. Not all the descendants are shown. Tong Garden products have since achieved global reach and diversified beyond peanuts. ng Chung, Kang Neoh Chung, Siew Yin Chung, How To Pronounce Haute Couture,
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