ROBERT KUOK HOCK NIEN, Malaysian Business Top 40 Richest M’sians (SUGAR KING - Worth RM32.4b) NOT RELATED to Johore MP Datuk SHAHRIR’s Chinese Wife
Shahrir Says His Wife Not Related To Robert Kuok
JOHOR BAHARU, Feb 24 (Bernama) -- Johor Baharu Member of Parliament Datuk Shahrir Abdul Samad said today his wife is not related to Malaysia's richest man Tan Sri Robert Kuok, quashing rumours to that effect. "I have a Chinese wife but she is from
"Many people think that a politician who makes a lot of noise must be very rich, and that I, because I may have about 10 per cent of the Kuok fortune which is about RM2 billion to RM3 billion, I can afford to say anything that I like," he said after closing a forum on education organised by Johor Baharu Umno, here.
Shahrir said he has known Kuok for many years and was convinced that Johor and the Iskandar Development Region (IDR) can benefit from his wisdom and experience as a businessman. Kuok is one of five advisers of the Iskandar Development Region Authority (IDRA), which held its first meeting yesterday. Shahrir said Kuok could advise the IDRA as to how to go about attracting investment to the IDR. He also said that a local newspaper had contacted him to use his good offices to arrange for an interview with the low-profile businessman but that he would not do it. Asked whether he had been bothered by the rumours, Shahrir said he was not at all bothered by them. "I am actually bothered because I don't have any money. Even though Kuok has no daughter, I know his children. I know his nephews and there are times when I meet them. I am sorry to disappoint you all," he said.
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Got start in 1949 trading rice, sugar and wheat flour. Today heads multinational Kuok Group. 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
Robert Kuok tops richest M'sian list
His wealth grew to RM32.4b on strong performance of stocks
Published
(
Former oil trader's holdings include Maxis Communications,
Mr Krishnan's fortune increased by about 80 per cent bringing his worth to RM19.7 billion while third-placed and
Heads Hong Leong Group
founder of Hong Leong Group Quek Leng Chan is worth RM10.3 billion this year. Others in the top 10 ranking are
Genting Group founder Lim Goh Tong,
Public Bank chairman Teh Hong Piow,
IOI Corporation executive chairman Lee Shin Cheng,
chairman of the Albukhary Foundation Syed Mokhtar Albukhary,
president, chairman and chief executive of Genting Group Lim Kok Thay and
founder and chairman of Rimbunan Hijau Group Tiong Hiew King.
YTL Corp patriarch Yeoh Tiong Lay is in 10th place after a one-year absence.
Among the notable new entrants was Lee Yeow Seng of IOI Group who at 28 is the youngest tycoon on the list.
The other was Mokhzani Mahathir who propelled in after successfully listing his flagship company, Kencana Petroleum Bhd on the main board of
Other new faces on the list are Lee Soon Hian of Batu Kawan Bhd and
Ya'acobTunku Abdullah of MAA Holdings Bhd who is back after a year's absence. Overall, the majority of tycoons saw their paper wealth rise in 2007 due to a rebound in the stock market and rising property and commodity prices, Malaysian Business said in
a statement here yesterday.
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Five ‘giants’ to look into Johor’s IDR; STAR
AN advisory committee comprising five Malaysian “heavyweights” has been set up to look into the development of Iskandar Development Region (IDR) in Johor. IDR is the new economic growth corridor named after the Sultan of Johor. In an exclusive front-page report, Sin Chew Daily said that the five were Tan Sri Robert Kuok Hock Nien, Andrew Sheng, Tun Musa Hitam, Tan Sri Samsudin Osman and Tan Sri Kishu Tirathai. They will provide constructive views on how to lure foreign investments and turn the growth corridor into an attractive investment centre.
ABOVE: Group photo after IRD advisory Board Meeting: PM Abdullah flanked by MB Johore Ghani on his left and Tun Musa Hitam on his right. on the extreme right is Tan Sri Robert Kuok and on the extreme Left is Tan Sri Kishu Tirathai.
BELOW: Tan Sri Robert Kuok with Andrew Sheng
Prime Minister Datuk Seri Abdullah Ahmad Badawi was said to have handpicked the five, who enjoy international recognition, said Sin Chew. According to the daily, the five, all Johoreans, have agreed to be on the committee. Kuok is
More importantly, Kwok himself was supportive of the new committee, the daily said.
It quoted sources as saying that Abdullah wanted the five to give their honest opinions and not be mere “yes men” when asked for their views on certain policies.
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JOHOR BARU: The advisers to the Iskandar Development Region Authority (IDRA) – all five influential figures in the corporate world – emerged from their meeting confident about the project, but stressed that proper implementation and continuous revision were vital to its success. Describing the meeting as “fantastic”, former deputy prime minister Tun Musa Hitam said that it was important that the project avoid being Johor-centric despite its location.
“We must recognise that within the context of globalisation, at worst we should think of ourselves as a regional development project. Not in terms of the Malaysian region (alone) but a region that caters to a wider world,” he said. Former Bank Negara director Tan Sri Kishu Tirathrai said that the advisory council would strategise the project’s direction at its six-monthly meetings. He called the Iskandar Development Region (IDR) a living plan for the century. Kishu also said that the plan was to expand the Malaysian economy beyond the
Former chief secretary to the government and present chairman of the Employees Provident Fund Board and Investment Panel, Tan Sri Samsudin Osman, pledged to bring his knowledge of bureaucracy to get things moving faster. Former chairman of the Hong Kong Securities and Futures Commission Datuk Seri Andrew Sheng said that
The fifth member of the council is Tan Sri Robert Kuok,
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PM: IDR must be competitive to draw investors
JOHOR BARU: The Iskandar Development Region (IDR), which is set to become a new global growth centre, must be prepared to be globally competitive to draw investors and businessmen. Prime Minister Datuk Seri Abdullah Ahmad Badawi said the IDR has to survive on its own ability and high standards of performance based on efficiency, integrity and good governance. “There is no way to expect sympathy from anybody. “They will have to work hard to compete with everybody as competition is a challenge we must face,” he said, referring to the other global growth areas coming up around the world.
Abdullah said that networking with other global growth centres would also benefit IDR while services and work offered must also be of high quality. “We must take advantage of our low cost and the ample space that we have,” he told reporters after the launch of the inaugural Iskandar Regional Development Authority (IRDA) meeting at the Pulai Springs Resort here yesterday. “We must attract investment from everywhere including the
As to how he would measure the success of IDR, Abdullah said: “The presence of global players and the presence of good companies including foreign managers and professionals will be a good indicator.” Initial projections showed that IDR is expected to attract a total of US$105bil (RM370bil) in 20 years. In the short term, it is supposed to attract some RM50bil in investments within five years. IRDA is the statutory body responsible for determining the direction, policies and strategies in relation to development within the IDR. Jointly headed by co-chairmen Abdullah and Johor Mentri Besar Datuk Abdul Ghani Othman, the IRDA consists of five other members. It will also have a council of five eminent persons to advise it on various matters regarding future development.
The advisory council will include five of the state’s most prominent figures – Tan Sri Robert Kuok Hock Nien, Datuk Seri Andrew Sheng, Tun Musa Hitam, Tan Sri Samsudin Osman and Tan Sri Kishu Tirathrai. On the appointment of the five, Abdullah said that he was happy to get their frank views and did not impose any restrictions or barriers to what they could bring up. “All of them agree that there is a lot of potential for this project,” he said.
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Iskandar Regional Development Issues
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