Tan Sri Chen Lip Keong

Chen lip keong s nagaworld holds a casino license in cambodian capital phnom penh running to 2065 with a guaranteed monopoly to 2035. Born in ipoh tan sri dr. Chen 70 now controls 90 002 or 311 25 million of petaling tin shares after acquiring 24 28 million shares today and is seeking to undertake an unconditional voluntary takeover offer to acquire.

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Chen Lip Keong

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Although he may cruise under the radar of many the old hand has been in the corporate business since the mid 1970s where he started out in property development.

Tan sri chen lip keong. Karambunai corp bhd s largest shareholder tan sri dr. Dr chen is the founder controlling shareholder chief executive officer and a member of the remuneration committee the nomination committee and the aml oversight committee of the board. Chen lip keong is the founder ceo and executive director of nagacorp ltd. Nagaworld is the largest casino resort in indochina.

Nagacorp is the parent company of nagaworld which is a casino resort complex in phnom penh. Chen lip keong 曾立强 is an ethnic chinese malaysian businessman who is currently the 6th most richest person in the whole country of malaysia. According to the company s website karambunai is an integrated company involved in the tourism industry in sabah malaysian borneo and other parts of malaysia. He has the net worth of us 4 9 billion making him the 6 th richest man in malaysia.

Chen is of chinese. Reclusive businessman chen back in local limelight ipoh born tan sri dr chen lip keong is no stranger to the business world. Chen lip keong was no stranger to the business world. Of shares price direct indirect total 07 nov 2019.

Kuala lumpur may 31. Tan sri chen lip keong s nagaworld is phnom penh s only integrated hotel casino entertainment complex and it has a 70 year casino licence that will run till 2065 as well as exclusivity on. Chen was born in 1948 in kuala lumpur the capital of british colonial malaysia. Tan sri dr chen lip keong.

Nor is he a stranger to controversy. Date name details of changes securities after change view. Petaling tin bhd s largest shareholder tan sri dr chen lip keong has launched a takeover of the loss making property development company for rm13 83 million or 40 sen per share. Chen lip keong is the ceo of nagacorp and has a net worth of 5 3 billion.

Chen lip keong is planning to privatize the company in a deal worth an estimated rm184 7 million us 44 2 million local media reports. Tan sri dr chen lip keong aged 72 appointed as an executive director of the company in april 2003.