Koh Tsu Koon (born 26 August 1949; simplified Chinese: 许子根; traditional Chinese: 許子根; pinyin: Xǔ Zǐgēn; Pe̍h-ōe-jī: Khó͘ Chú-kun) is a Malaysian politician. She is a director of STDM, SJM Holdings’ majority shareholder, and holds one of STDM’s largest personal equity stakes. 32 billion or 92. The casino tycoon became. PU (A) 379/2011. The businessman also controls. | Advanced search Log in. When Chen Lip Keong won Cambodia’s first casino license in 1994, he had hardly ever stepped inside a casino. President and Chief Operating Officer and Executive Director. Chen was the first to obtain a Cambodian casino license in 1994. The Company owns and operates the largest integrated gaming and entertainment resort in the Mekong Region. Nickel Asia’s Manuel Zamora Jr. April 7, 2022. The reporters didn’t find any evidence of wrongdoing. Currently the 26th richest Malaysian, Dr. Dr Chen is also a director of. 7 billion), and Dr Chia Song Kun. A/Prof Ng Suah Bwee Agnes. 3 million shares in co on 31 october 2018 for about hk$16. 格隆汇APP获悉，根据联交所最新权益披露资料显示，2021年10月5日，金界控股(03918. 4 billion (2021) Age 74. said he kept his Korean lessons a secret to his wife, Sohee — a fitness influencer from California — for nearly a year until their wedding. Chen Lip Keong (simplified Chinese: 曾立强; born 22 July 1948) is a Malaysian businessman with interests in integrated resorts, property and energy. HK increased its holdings of 84000 shares at an average price of HK $6. Husband and wife duo Stanley Thai and Cheryl Tan of Supermax (No. . Type something and hit enter. 9 billion) Chia Song Kun (US$1. Age: 72. Casino operator NagaCorp on Tuesday announced a shake-up of its senior level management, which sees the chief executive role helmed by Dr. 10683 Date of Provisional Registration - Full Registration Number. Chen Lip Keong; US$2. A successful property developer at home, he came to Cambodia as a part of Mahathir’s Prosper Thy Neighbor policy, hoping to drill for oil offshore. 4 billion or about RM14 million) and Lim Kok Thay (No 11, $2. Chen Lip Keong is an ethnic Chinese Malaysian businessman who is currently the 6th most richest person in the whole country of Malaysia. THIS CIRCULAR IS IMPORTANT AND REQUIRES YOUR IMMEDIATE ATTENTION If you are in any doubt as to any aspect of this circular or as to the action. Islamic influence was "certainly discernible in the foundation of the first deliberately-planned university" in Europe [Boisard, Marcel A. Net worth: USD 2. NagaCorp was founded by Lip Keong Chen in 1995 and is headquartered in Hong Kong. , Fourth. 49. 8 billion: Fortescue Metals Group: 1725: Lau Cho Kun Malaysia: 1. 1. A successful property developer at home, he came to Cambodia as a part of Mahathir’s Prosper Thy Neighbor policy, hoping to drill for oil offshore. org. At fourth place locally is Koon Poh Keong, who founded Press Metal Aluminium in 1986 with his four brothers. theedgemarkets. According to the latest equity disclosure information of the Stock Exchange, 03918. Chen Lip Keong. The Khmer Times reports that Dr Chen has given US$5 million of US$40 million in funds allocated to purchase vaccines. NagaCorp said the. " Seven from last year's list dropped out , notably the AirAsia duo, Tony Fernandes and Kamarudin Meranun , as the ongoing pandemic dimmed hopes of a. Chen Lip Keong - businessman and casino owner of NagaWorld. The World's Online Gaming Authority Since 1995 The colleagues of Chou Sarn Lee. 7 billion, and he amassed this fortune through his involvement in the gaming sector. A recent court case highlights the dealings of Chen Lip Keong, controlling shareholder of Cambodian casino firm Nagacorp (3918). Chen Lip Keong boosted three of his sons’ positions with the company, making all three co-CEOs. To deepen that penetration, NagaCorp’s founder and chief executive Chen Lip Keong said the company planned to build more casinos in countries around China, including Russia, Mongolia, Kazakhstan. 委任创办人的儿子兼公司执行董事曾羽锋为公司营运行政总裁，由2022年4月5日起生效Tan Sri Dr. 1 men's doubles shuttler; 1996 Olympics silver medalist with Yap Kim. Lim Kok Thay, chairman of the Genting Group, and Dr Chen Lip Keong of the Naga. . How did Chen Lip Keong get involved in Cambodia’s casino industry?3. 2 billion, nearly flat from a year ago. Seven from last year’s list dropped out, notably the AirAsia duo, Tony Fernandes and Kamarudin Meranun, as the ongoing pandemic dimmed hopes of a revival in air travel. 7. Net worth: $5. Tan Sri Dr Chen Lip Keong made an offer to acquire remaining 31. He struck a 70-year casino. Chen Lip Keong’s NagaWorld holds a casino license in Cambodian capital Phnom Penh running to 2065, with a guaranteed monopoly to 2035. Chen Lip Keong, founder, controlling shareholder and CEO of NagaCorp Ltd. 54% stake in Karambunai Corp Bhd from FACB Industries Inc. 11, US$2. When Chen Lip Keong won Cambodia's first casino license in 1994, he had hardly. Chen Lip Keong, 75. He donated 5,000,000 dollars for buying vaccine again The Covid-19 🧪Go. Tan Sri Dr Chen Lip Keong Lim Mun Kee Leong Choong Wah NOMINATION COMMITTEE Michael Lai Kai Jin (Chairman) Tan Sri Dr Chen Lip Keong Lim Mun Kee Leong Choong Wah AML OVERSIGHT COMMITTEE Timothy Patrick McNally (Chairman) Tan Sri Dr Chen Lip Keong Chen Yiy Fon Michael Lai Kai Jin COMPANY SECRETARY Lam Yi Lin AUTHORISED REPRESENTATIVES Philip Lee. 71 m; Michael Lerner Größe - 1. 35 billion;. Puan Sri Lee Chou Sarn is the spouse of Tan Sri Dr. 4 billion, was granted Cambodian nationality in a royal decree signed on October 19 by Senate president and acting head of state Say Chhum. Chen Lip Keong won a contract to operate a casino in Phnom Penh in 1994. This is not surprising given that DBS is the largest company on the SGX by market capitalisation and given that Piyush Gupta saw a $4,392,832 or 48% increase in his remuneration compared to a year ago. According to the latest equity disclosure information of the Stock Exchange, 03918. The three are sons of the founder Chen Lip Keong, who is being redesignated as “senior chief executive” with effect from Tuesday (April 5) . Stuart Hughes memberitahu bahawa beliau sangat teruja apabila dihampiri oleh seorang rakan yang terlibat dalam kapal layar untuk mereka kapal mewah ini. Booming growth at Chen’s NagaWorld casino complex in Cambodia, prior to the. Seven from last year’s list dropped out, notably the AirAsia duo, Tony Fernandes and Kamarudin Meranun, as the ongoing pandemic dimmed hopes of a revival in air travel. Booming growth at Chen’s NagaWorld casino complex in Cambodia, prior to the. chaos. Save as disclosed above, none of the Directors and Key Senior Management have any family relationship with any Director and/or major shareholder of the Company. The three sons to be designated with a CEO role are: Chen Yiy Fon, aged 41, an executive director, who becomes CEO operations; Chen Cherchi, aged 34, managing director of finance, who becomes CEO. 4 billion; Lau Cho Kun; $3. sex or gender. Type of Transaction: Nature of Interest: 04 Nov 2019: 662,654,354. Lucky Larrys Lobstermania 2. He has now. A 2017 leaked text message by Chen Lip Keong, NagaCrp's chief executive officer, revealed to his close business ties with the wife and children of Prime Minister Hun Sen and the sons of Sok An. 4 billion) and Tan Sri Lim Kok Thay (at No. HK)获Chen Lip Keong在场内以每股均价6. $3. $3. 45). human. Chen was the first to obtain a Cambodian casino license in 1994. Chen Lip Keong and Puan Sri Lee Chou Sarn. 1944 million. Lip Keong Chen biography. Tan Sri Dr Chen Lip Keong Chen Yepern Lim Mun Kee Michael Lai Kai Jin AML Oversight Committee Timothy Patrick McNally (Chairman) Tan Sri Dr Chen Lip Keong Chen Yepern Michael Lai Kai Jin Company Secretary Lam Yi Lin Authorised Representatives Philip Lee Wai Tuck Lam Yi Lin Auditor BDO Limited Solicitors Reed Smith Richards Butler. Tan Sri Dr Chen Lip Keong, aged 75, was appointed as an executive director of the Company in April 2003. NagaWorld’s founder Dr Chen Lip Keong appears to be taking Phnom Penh’s only licensed casino in a bold new direction. Lip Keong Chen, MD, is a Chief Executive Officer & Executive. SO what is so great if the combined wealth of Malaysia’s 50 tycoons on the 2022 Forbes list of Malaysia’s 50 richest fell 10% from a year ago to US$80. NagaCorp founder Dr Chen Lip Keong appears to be accelerating the family succession plan after announcing a “re-designation” of senior management that will see three of his sons become joint CEOs. Hein Dames’ Post Hein Dames Small Business Owner 2yAccording to the latest equity disclosure information of the Stock Exchange, 03918. View the profiles of people named Chen Lip Keong. NagaCorp Founder and Controlling Shareholder Dr Chen Lip Keong has become Cambodia’s largest individual donor to the fight against COVID-19 after donating US$5 million for the procurement of vaccins. The capital involved is about HK. Deputy Chief Executive and Executive Director. Chen Lip Keong. Closing in on Kuok is Tan Sri Quek Leng Chan of Hong Leong group fame, with his estimated net worth of US$9. No: Date of change: No of securities. Among the hardest hit were casino moguls Chen Lip Keong (No. Chen Lip Keong Partner. NagaCorp founder Dr Chen Lip Keong appears to be accelerating the family succession plan after announcing a “re-designation” of senior management that will see three of his sons become joint CEOs. With the global markets taking a huge hit due to the novel COVID-19 coronavirus, billionaire Chen Lip Keong’s bullish attitude towards the future of the Primorye Integrated Entertainment Zone located north of Vladivostok remains undisturbed. Tan Sri Dr Chen Lip Keong Lim Mun Kee Leong Choong Wah AML Oversight Committee Timothy Patrick McNally (Chairman) Tan Sri Dr Chen Lip Keong Chen Yiy Fon Michael Lai Kai Jin Company Secretary Lam Yi Lin Authorised Representatives Philip Lee Wai Tuck Lam Yi Lin Independent AuditorMeanwhile, the pandemic took its toll on 19 listees, whose fortunes fell. Chen Lip Keong came to Cambodia 25 years ago to drill for oil. Tee Keong’s children. The Company owns and operates the largest integrated gaming and entertainment resort in the Mekong Region. Among the latter group was casino mogul Chen Lip Keong, who moved into the top five for the first time at No. Already the largest casino in Cambodia is controlled by foreigner Chen Lip Keong, one of the richest men in Malaysia. Lip Keong Chen, MD, is a Chief Executive Officer & Executive Director at NagaCorp Ltd. Tan Sri Dr Chen Lip Keong，75歲，於二零零三年四月獲委任為本公司執行董事。Dr Chen為創辦人、控股股東、高級行政總裁，以及董事會轄下薪酬委員會、提名委員會及反洗黑錢活動監督委員會成員。NagaCorp was founded in 1995 by Tan Sri Dr Chen Lip Keong. Chen Lip Keong. 2 billion, nearly flat from a year ago. NagaCorp, operator of NagaWorld in Phnom Penh, Cambodia, announced late Friday that Dr Chen has transferred 1,943,107,166 shares directly held by him and representing 44. He listed the company in Hong Kong in 2006 after Singapore rejected the listing, and the stock price has been climbing ever. Despite the coronavirus outbreak taking a toll on gaming, Chen Lip Keong is trying his luck in Russia: his NagaCorp is building a $300 million casino-hotel outside Vladivostok, due to open in 2021. Ananda Krishnan (Astro, US$6. As the owner of Kuok Group, which has interests in hotels, real estate and commodities, Kuok has a net worth of US$11. NagaCorp posted images on LinkedInTan Sri Dr. Chen Lip Keong is the CEO of NagaCorp, the parent company of NagaWorld casino resort complex in Phnom Penh, Cambodia. Reclusive businessman Chen back in local limelight. Under the re-designation, Dr Chen’s position will change from CEO to Senior CEO, effective immediately. Tan Sri Dr Chen Lip Keong 執行董事、創辦人、控股股東兼高級行政總裁. Chen Lip. 9bil) 8. E Tan Sri Datuk Dr. Am 21/09/2023 scheint der Ehepartner von Chen Lip Keong unknown zu sein. Education and Early Career. Hong Kong-listed NagaCorp, of which the former physician owns 67%, reports that prior to a COVID-19 shutdown from April into July, its NagaWorld integrated resort in Phnom Penh increased gross gaming revenue by 15% in this year’s first quarter, printing profits. 32 billion;L’homme d’affaires malaisien d'origine chinoise Chen Lip Keong est le fondateur et l’actionnaire majoritaire de Naga Corp. "Seven from last year's list dropped out, notably the AirAsia duo, Tony Fernandes and Kamarudin Meranun, as the ongoing pandemic dimmed hopes. 5 billion, is ranked by Forbes magazine as Malaysia’s fourth-richest billionaire. Among the hardest hit were casino moguls Chen Lip Keong and Lim Kok Thay (No 11, US$2. NagaCorp, a Hong Kong-listed company controlled by Malaysia’s Chen Lip Keong, has pulled the plug on a partly built casino. NagaCorp has had a rough year or so. , a Commercial Director at Primorsky Entertainment Resort City LLC and an Executive President at FACB Industries Inc. After the increase, the latest number of shares held by Chen Lip Keong is 4126155038. Seow Tiang Keng: CE201500004. 5. 8 billion. 9 billion. Dr Chen’s main source of wealth comes from his gaming business. US$2. Chen Lip Keong. Tan Sri Chen Lip Keong: US$2. Join Facebook to connect with Tan Lip Chen and others you may know. 8 billion. 5 million or 51% of warrants he does not own in the hospitality and industrial group, in a deal worth about. Income Tax (Deduction For Payment Of Premium To Malaysia Deposit Insurance Corporation) Rules 2011. The capital involved is about HK $7. org. 4. He is on the Board of Directors at Nagajet Management Ltd. 2021 Asia's Most Influential MY Awards 1995 Commander of the Order of Loyalty to the Crown of Malaysia Social Media A gambling billionaire with his NagaWorld empire in the Cambodian capital, Chen Lip Keong is one of the world’s most successful casino developers and operators Dr. The magazine, which calculates the wealth of individuals using company data, published a list of the 50 richest Malaysians in its March edition. Tan Sri Dr Chen Lip Keong made an offer to acquire remaining 31. He’d been to Malaysia’s Genting Highlands once on a date in the 1970s and visited Las Vegas once as. Supermax Corp Bhd Datuk Seri Stanley Thai and his wife Datin Seri Cheryl Tan (No. 38 (43) Chen Lip Keong Founder and CEO, NagaCorp. According to the latest equity disclosure information of the Stock Exchange, 03918. Here is a photograph of Broken Tooth posing in the office of Hing Bun Heang, commander-in-chief of the Cambodian Prime Minister's bodyguards. As of 11:19, it was. Chen Lip Keong is the founder of gaming company NagaCorp, which holds a gambling monopoly in Phnom Penh, Cambodia. King Norodom Sihamoni was in China at the time for one of his. (Adam. 5) Ananda Krishnan; USD5 billion. This medical doctor-turned- casino tycoon takes the number 7 spot for Malaysia’s richest people. Dozens of workers were arrested and at least 11 were charged. 7k. 5 billion)," reported Forbes Asia. . Acquired: Direct Interest: Name of registered holder: Chen Lip Keong:Chen Lip Keong net worth: Chen Lip Keong is a Malaysian billionaire who has a net worth of $1 billion. NagaWorld is the largest casino resort in Indochina. ) Jobs. 格隆汇APP获悉，根据联交所最新权益披露资料显示，2021年9月2日，金界控股(03918. Statements. Lim Mun Kee and Mr. Chen Lip Keong is a Malaysian businessman who was born on July 22, 1948, and is currently the 9th richest person in Malaysia. DATO’ SRI TAN KONG HAN. Chen is known for founding the NagaWorld casino in Phnom Penh, the only integrated resort in Cambodia. Ms Chua Li Jun Priscilla. Seven from last year’s list dropped out, notably the AirAsia duo, Tony Fernandes and Kamarudin Meranun, as the ongoing pandemic dimmed hopes of a revival in travel. Date of change is November 30, 2016. Nor is he a stranger to controversy. 4 billion; Koon Poh Keong, Poh Ming & Poh Weng; $2. Jump to navigation Jump to search. Lip Keong Chen serves as Chief Executive Officer, Executive Director of the Company. Chen Lip Keong boosted three of his sons’ positions with the company, making all three co-CEOs. It is wholly-owned by The Sakai Trust, a discretionary family trust established by Chen Lip Keong as settlor for the benefit of himself and his family. 2 billion. KUALA LUMPUR (Nov 4): Tan Sri Dr Chen Lip Keong and the parties acting in concert in the offer for Karambunai Corp Bhd (KCB)’s shares have ended up with 5. YSUAPP learned that according to the latest equity disclosure information of the Stock Exchange, on December 3, 2021, Chen Lip Keong increased its holdings of 176000 shares at an average price of HK $6. Tan Sri Dr. Let’s delve into ten things you didn’t know about this successful entrepreneur. CEO and founder of NagaCorp Chen Lip Keong at the IPO press conference at Island Shangri-la, Admiralty. , Ariston Sdn. 55 billion). Notably Chen, who has a medical degree from Universiti Malaya, had a stint as a general practitioner before beginning his business. Chen Lip Keong is the founder and CEO of NagaCorp Ltd. . For nearly two months, aggrieved Cambodian casino workers have protested almost daily in central Phnom Penh against mass layoffs implemented last year by the Hong Kong-listed NagaCorp, a business majority-owned by Malaysian billionaire Chen Lip Keong that runs Cambodia’s NagaWorld casino complex. After the increase, the latest number of shares held. 5 billion Naga3 expansion. Tan Sri Dr Chen is the spouse of Puan Sri Lee Chou Sarn and father of Mr Chen Yiy Fon Interest FACB Industries Incorporated Berhad Ordinary shares Direct - 16,925,000 Indirect - 8,374,389 Deemed interested by virtue of Section 6A of the Companies Act, 1965 held via Blue Velvet Property CorpChen Lip Keong (US$2. 11, US$2. 50. Compania sa – Naga Corp deține monopolul în ceea ce privește domeniul gamblingului în Phnom Penh. Asian IR operator NagaCorp has confirmed the final cost of its upcoming Phase 3 development of Cambodian integrated resort NagaWorld, to be called Naga3, at US$3. Lim stepped down as chairman. HK increased its holdings of 586000 shares at an average price of HK $6. Lip Keong Chen biography. NagaCorp CEO and controlling shareholder Chen Lip Keong, a Malaysian who trained as a medical doctor before turning to property development, has long served as an economic advisor to Cambodia’s. Others doubt the wisdom of betting against Naga and its founder Chen Lip Keong, whose fortune of more than US$4 billion, according to Forbes, largely derives from owning nearly two-thirds of NagaCorp’s Hong. Lau cho kun is the largest shareholder in hap seng consolidated, through holding company gek poh and investment arm lei shing hong. The capital involved is about HK. With the wife using chit-chat to distract employees the ground floor. Dr. More on Chen Lip Keong. Ipoh-born Tan Sri Dr Chen Lip Keong is no stranger to the business world. See the full coverage here. Dr Chen Lip Keong, a Malaysian who like Prime Minister Mahathir Mohamad studied medicine but found his calling elsewhere, founded and runs Naga. ”Chen Lip Keong is personally armed with enough cash to partially fund Naga3, and a burgeoning expat Chinese population is likely to keep him in clover. 8 billion: NagaCorp: 1067: Lee Yeow Chor & Lee Yeow Seng Malaysia: 2. He and his brothers started the company by pooling USD50,000 together to start an aluminium-extruding company in Puchong, Selangor. 4 billion;Celebrating its second anniversary in November, Naga2 changed the game for NagaCorp and its CEO Chen Lip Keong, who owns 66% of the company, boosting his net worth beyond US$5 billion. - FACB Industries Incorporated Berhad. Tan Sri Koon Poh Keong and his siblings, who control aluminum giant Press Metal, remained in third position with US$6. The Malaysian founder of Phnom Penh's only licensed casino, Chen Lip Keong, is now a billionaire after seeing his fortune multiply in size in recent years, according to Forbes magazine. Il a obtenu la nationalité cambodgienne en octobre de l’année dernière. . 8 billion (No. Chen Lip Keong founded NagaCorp in 1995, the same year he obtained a 70- year gaming license in Cambodia and a monopoly until 2035 on casino operations within a 200-kilometer radius of the capital, Phnom Penh. Booming growth at his Cambodian casino complex helped push Chen's net. HK increased its holdings of 392000 shares at an average price of HK $6. NagaWorld is the. $315 M. Hong Kong-listed NagaCorp said its founder Dr. 11, US$2. AGB PODCASTS. At FACB Industries Incorporated, Chou Sarn Lee has 8 colleagues including Lip Keong Chen (President), Kassim bin Ahmed (Chairman of the Board). Reclusive businessman Chen back in local limelight. 55 billion or RM10. His worth has been previously estimated by Forbes magazine. 4 4 THE PUBLIC SERVICE STAR (BAR) [Bintang Bakti Masyarakat (Lintang)] Name Designation Aljunied GRC 1 Mr Tng Kay Lim, BBM Chairman, Paya Lebar CCCChen Lip Keong an CEO of Nagacorp Ltd,birthplace is Malaysia,date of birth July 22 1948,age 74,sign of the zodiac Cancer,Children Chen Yiy Fon,Spouse Lee ChouH. The city would bo located in south of Kuala Lumpur and within the socalled “multimedia super corridor (MSC), newsagency quoted Chen assaying. Tan Sri Dr Chen Lip Keong. 2 billion), Tan Sri Dr Chen Lip Keong (NagaCorp, RM12. That casino, NagaWorld, eventually built. Chen, among Malaysia’s top 10 wealthiest and worth more than $5 billion according to Forbes,. 2006 and 2010 Commonwealth Games silver medalist; wife to Lee Chong Wei as of 2012; Cheah Soon Kit – former world no. Chen Lip Keong is the man behind NagaWorld, the casino license holder in Phnom Penh, the capital of Cambodia. 1. NagaCorp founder Chen Lip Keong sees uptick in his net worth to $2. Koon Poh Keong Malaysia: 4 billion: Press Metal 1067: Chen Lip Keong Malaysia: 2. Dr. Chen Lip Keong's emphasis on managing a "First-World Company in a Developing Nation" with transparency and compliance aligned to global best practices sets the standard of governance for the Company; in addition, over the years, the Company's achievement of strong financial. Tan Sri Chen Lip Keong, CEO of NagaCorp and a businessman with an estimated net worth of US$2. 11, US$2. Among the hardest hit were casino moguls Tan Sri Dr Chen Lip Keong (at No. "I like the entrepreneurial spirit behind the development," Chen says. Tan Sri Dr. Dr Chen is the founder, controlling shareholder, senior chief. 1067) Source of wealth: Casinos, property, energy. US$2. As he approaches his centenary in October, Kuok has held the position for more than a quarter of a century. Returning to the top of the list, Piyush Gupta is the highest-paid CEO of SGX-listed companies for 2021. View details Get driving directions to Mount Airy Casino Resort. Saturday, 09 Nov 2019. Besides, Supermax Corp Bhd Datuk Seri Stanley Thai and his wife, Cheryl Tan saw the biggest percentage drop in their wealth. Here is a photograph of Broken Tooth posing in the office of Hing Bun Heang, commander-in-chief of the Cambodian Prime Minister's bodyguards. Tan Sri Lim Kok Thay;. Chen Lip Keong (曾立强) born 22 July 1948, is a Malaysian businessman who is currently the 9th richest person in Malaysia. NagaWorld is the largest casino resort in […]When Chen Lip Keong won Cambodia's first casino license in 1994, he had hardly ever stepped inside a casino. [+] This story is part of Forbes' coverage of Malaysia’s Richest 2018. 45) saw the biggest percentage drop in their wealth, which shrank by more than two-thirds to US$340mil (RM1. Chen Lip Keong has simplified the shareholding structure of his stake in the group for succession planning purposes. 55 billion or RM10. Chen owns 69. Director of NagaCorp, the total compensation of Dr Chen at NagaCorp is $26,937,000. In this week’s Face-to-Face, Nagacorp Chairman Tim McNally tells us about the reasons behind the new structure and how executive responsibility will be shared. Tan Sri Koon Poh Keong, group CEO of Press Metal, the largest integrated aluminium producer in Southeast Asia, rose from position 727 to position 523 on the list of the world’s wealthiest people last year, claiming a net worth of US$5. 2 billion) Image via The Edge Markets. He was the Chief Minister of Penang from 1990 to 2008 and was appointed as a Senator; a member of the Dewan Negara, the upper house of the Malaysian Parliament. VIEWS. Industry: casinos, property, energy. MR CHIA YU CHAU. , City Walk, Inc. Its casino operations suffered because of COVID-19. Tan Sri Dr. Chen Lip Keong as Executive Director of the company. Chen Lip Keong owns NagaWorld, which is Cambodia’s biggest casino. , Ariston Sdn. Dato’ Lee Yeow Chor and Lee Yeow Seng. Hong Kong listed NagaCorp, controlled by Malaysian billionaire Chen Lip Keong, says it will invest $350 million in a hotel casino complex with at least 100 tables and 500 machines, plus convention. The year of the dragon was a lucky one for Chen Lip Keong. Despite the coronavirus outbreak taking a toll on gaming, Chen Lip Keong is trying his luck in Russia: his NagaCorp is building a $300 million casino hotel outside Vladivostok, due to open in 2021. Actually, it’s the largest casino not just in Cambodia, but in Indochina. According to Forbes, Malaysia’s 8th richest person is the well-known Genting Group boss Lim Kok Thay – with a wealth of $2. 2 billion), Tan Sri Lee Shin Cheng (IOI, US$5. Chen Lip Keong. Ling Chiong Ho & siblings. KUALA LUMPUR (April 29): Shares of property-based Petaling Tin Bhd and Karambunai Corp Bhd fell despite takeover offers from major shareholder Tan Sri Dr Chen Lip Keong. Dr. Dr Chen Ai Ju A/Prof Cheong Pak Yean Prof Chew Chin Hin Prof Foo Keong Tatt Mr Gan Kim Yong Mr Goh Chok Tong. Lip Keong Chen serves as Chief Executive Officer, Executive Director of the Company. Chen Lip Keong split into four parts. Tan Sri Dr Chen Lip Keong: Age: 60: Nationality: Malaysian: Qualifications: Graduated in medicine and surgery from University of Malaya in 1973 (M. When Chen Lip Keong won Cambodia's first casino license in 1994, he had hardly ever stepped inside a casino. View. 55 billion or about RM10. Chen Lip Keong, who founded NagaWorld’s parent company NagaCorp in 1995 and has a Forbes-estimated net worth of $4. Genting Energy. 4 billion (RM14. 74% stake in Karambunai Corp Bhd (KLSE:KBUNAI) from FACB Industries Incorporated Berhad (KLSE:FACBIND) and others for approximately MYR 120 million on November 4, 2019. 6. He has the net worth of US$4. 7 billion, and he amassed this fortune through his involvement in the gaming sector. March 8, 2023. He. Dr Chen Lip Keong, a Malaysian who like Prime Minister Mahathir Mohamad studied medicine but found his calling elsewhere, founded and runs Naga. UNIVERSITI MALAYA Provisional Registration Number. In 2022, Chen is the 7th richest. In 2022, Chen is the 7th richest man in Malaysia. In a filing with Bursa Malaysia yesterday, Petaling Tin said save for the extended closing. Tan Yu Yeh & Yu Wei; US$1. S. Dr Chen is also a director of several wholly. He struck a 70-year casino. for the regulation of casinos and the prevention of money laundering". Tan Sri Datuk Seri. HK increased its holdings of 610000 shares at an average price of HK $6. Chen Lip Keong has simplified the shareholding structure of his stake in the group for succession planning purposes. Seven from last year’s list dropped out, notably the AirAsia duo, Tony Fernandes and Kamarudin Meranun, as the ongoing pandemic dimmed hopes of a revival in travel. Nor is he a stranger to controversy. I NterIm report 2015 Chairman and CEO’s Statement Throughout the Period we continued our efforts to provide internationally recognized products and services to both gaming and non-gaming patrons while continuing to growTan Sri Dr Chen Lip Keong Chief Financial Officer Tan Sean Czoon Head of Investor Relations Gerard Chai, Managing Director Investor Relations (North America and Europe) Kevin Nyland, Vice President Company Website Share Information Board lot: 2,000 Shares Issued Shares as at 30 June 2021: 4,341,008,041 SharesChen Lip Keong, NagaWorld’s Malaysian billionaire owner, has served as a personal economic advisor to Cambodian Prime Minister Hun Sen. Kie Chie Wong (USD1. TAN SRI DR CHEN LIP KEONG Nationality/Country of incorporation: Malaysia: Descriptions (Class) Ordinary Shares: Details of changes. Two casino entrepreneurs have slipped down the top 20 in Forbes’ “2021 Malaysia’s 50 Richest” list, amid the Covid-19 pandemic. 3 billion. Lip Keong Chen biography Tan Sri Dr. 9 billion), Tan Sri Lim Kok Thay (Genting Hong Kong, RM10. 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. 7) Chen Lip Keong; USD2. $320 M. 4897. Image via AGB Archive . B. 6 billion, casino, property, energy ; Top 40 richest malaysians part 1 asianewsnetwork eleven media group co ltd. 7 billion: Hap Seng. NagaWorld, his enterprise, is the largest casino resort in Indochina, with a guaranteed monopoly at Phnom Penh to 2035. 55 billion). Lim Kok Thay, chairman of the Genting Group, and Dr Chen Lip Keong of the Naga. 6844 million. The three. 55 billion). Chen Lip Keong Net Worth 2023 and insider trades. The next richest Malaysians in descending order are Tan Sri Teh Hong Piow (Public Bank, US$6. Chen Lip Keong Image credit: Philippe Lopez/AFP. 21046 Date of Full Registration.