2 with $10. Malaysia. 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 Corp #1349: Koon Poh Keong, USD1. Apart from being #2 in Forbes’ Malaysia’s 50 Richest 2023, he was also #194 in Forbes’ Billionaires 2023. 8 billion (No. Abdul Hadi bin Awang ( Jawi: عبدالهادي بن اواڠ; born 20 October 1947) is a Malaysian politician and religious teacher who has served as Member of Parliament (MP) for Marang since October 1990, 7th President of the Malaysian Islamic Party (PAS), an Islamist political party and a component party of Perikatan Nasional (PN) coalition. Conflict of Interest9. Facebook gives. Trong cuộc họp các tổ chức đánh bạc Đông Nam Á, rất nhiều đối tác không ngừng nhắc đến tên thương hiệu này với sự ảnh hưởng cực lớn, không chỉ đầu tư mạnh cho việc. The announcement, filed with the Hong Kong Stock Exchange late Sunday night, reveals. He and his brothers started the company. 8 billion: NagaCorp: 1067: Lee Yeow Chor & Lee Yeow Seng Malaysia: 2. With this donation, the RDF can now extend its support to patients with the rare disease of Mucopolysaccharidosis type VI (MPS VI)*. See the full list here. Chen Lip Keong has a net worth of $3. Donors: Finance $1000 - $4999. Qualification. 7 billion Image Credit: Forbes. Chen Lip Keong split into four parts. FOUNDER, CONTROLLING SHAREHOLDER AND CEO NagaCorp. 4 billion; Lim Kok Thay; US$2. Senarai terkaya Malaysia diteruskan dengan Tan Sri Lim Kok Thay dari Kumpulan Genting dan Tan Sri Dr Chen. 8 billion, making him the country’s seventh-richest. appointment of chen yiy fon as chief executive officer - operations. ,. Overview. Dr Chen Lip Keong, owner of NagaCorp and Karambunai was classified as the 6th richest individual in the nation, with a net worth of $2. and Edited by Wolfgang Franke and Chen Tieh Fan By Wolfgang Franke, Tiefan Chen Published by University of Malaysia Press, 1982; Item notes: v. 4 billion, was granted Cambodian nationality in a royal decree signed on October 19 by Senate president and acting head of state Say Chhum. Source Of Wealth. Chen Lip Keong Image credit: Philippe Lopez/AFP. Dr. Chen Lip Keong came to Cambodia 25 years ago to drill for oil. by Inside Asian Gaming. Mrs. Age. Chan Sek Keong – Third Chief Justice of Singapore. 6 billion (RM381 billion) this year, according to the latest list from Forbes Asia released today. Lip Keong Chen serves as Chief Executive Officer, Executive. Billionaire Chen Lip Keong has expanded NagaWorld in Phnom Penh from a barge to a 700 room hotel -. 2 billion: Usaha Tegas: 699: Koon Poh Keong Malaysia: 4 billion: Press Metal 1067: Chen Lip Keong Malaysia: 2. Robert Kuok remains at the top of the list with a fortune of US$11bil, followed by Tan Sri Quek Leng Chan with US$10. 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 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 Auditor BDO Limited Solicitors Ashurst Hong Kong (as to Hong Kong Laws) Principal Banker CIMB Bank. Complaints were even more pointed given the enormous profits racked up by the casino, controlled by Malaysian businessman Chen Lip Keong. Notably Chen, who has a medical degree from Universiti Malaya, had a stint as a general practitioner before beginning his business. Join Facebook to connect with Michael Chen Lip Keong and others you may know. In 2022, Chen is the 7th richest. Chen Lip Keong also owns Karambunai, a Malaysian company in the real estate and tourism business. Low profile Malaysian tycoon Tan Sri Dr Chen Lip Keong, who owns diversified businesses in Malaysia, Cambodia and Hong Kong, is determined to combat terrorist financing and money laundering to protect the gaming business that he is involved in from international threats. Dr Chen is also a director of several wholly-owned. You might be interested to know more about Chen Lip Keong. The gaming billionaire is also featured on the cover of the latest issue of. Back in 2017, leaked telephone messages between Chen Lip Keong, the Malaysian CEO of NagaWorld, a multibillion dollar casino and the only one allowed to operate in Phnom Penh, and Khmer. 38 (43) Chen Lip Keong Founder and CEO, NagaCorp. 7 billion), T. Ir Jack Chan Weng Loon: NK Engineers Sdn Bhd: 03 7982 8867: 03 7981 7873: 012 221 2661: cwengloon@gmail. Investment as a percentage of GDP has drifted lower. 5 billion)," reported Forbes Asia. NagaWorld is just one foreign. Last updated on: March 11, 2022, 01:32h. com. Tan Sri Lim Kok Thay; US$2. Manufacturing. Pihak Forbes dalam satu kenyataan berkata, nilai kekayaan 50. US$2. KUALA LUMPUR: S&P Global Ratings expects NagaCorp Ltd's (Naga; B+/Stable. According to Forbes, Malaysia’s 8th richest person is the well-known Genting. Chen is thought to have created the now-defunct Cambodia Times in July 1992, and one of his managing editors was Mohan. By the end of 2021, the hotel building was complete, as well as a large portion of the casino. Chen Lip Keong founded the company above in 1995, and its revenues skyrocketed on the market. B. Tan Sri Datuk Seri. 1 billion). Director at NagaCorp. Under the re-designation, which came into effect on. Tan Sri Dr. In late August, the management of the property in Cambodia’s capital announced it would refocus its strategy away from mid level high rollers (typically with check in levels of US$25,000) and instead focus on mass-market. Lip Keong Chen, MD, is a Chief Executive Officer & Executive Director at NagaCorp Ltd. Malaya) Working experience and occupation : Tan Sri Dr Chen has more than 30 years of corporate, managerial and business experience since 1976. View the profiles of people named Chen Lip Keong. His eldest son, Chen Yiy Hwuan, 42, will become CEO of hotels, Chen Yiy Fon, 41, (a board member since 2015) CEO. "Among the hardest hit were casino moguls Chen Lip Keong (No 9, USD3. Diversified. ^ Jump up to: a b c. [+] shown here in 2014 - to Naga2, a US$400 million addition opening later this year aiming to. Facebook gives people the power. [+] This story is part of Forbes' coverage of Malaysia’s Richest 2018. Dr Chen is the founder, controlling shareholder, senior chief executive officer, and a member of the Remuneration Committee, the Nomination Committee and the AML Oversight Committee of the Board. 5 billion of which half will be funded by controlling shareholder Dr Chen Lip Keong. 8 billion. Chang Min Tat – former Federal Court judge. Chen Lip Keong (simplified Chinese: 曾立强; born 22 July 1948) is a Malaysian businessman with interests in integrated resorts, property and energy. CEng No. Others included two billionaires from the gaming industry – Lim Kok Thay, chairman of the Genting Group, and Dr Chen Lip Keong of the Naga Group, who holds a casino licence in Phnom Penh, Cambodia. Bhd. In 2019 – prior to casino-sector trading worldwide being severely disrupted by the Covid-19 pandemic – Naga 3 was being described as a US$3. Chen Lip Keong has simplified the shareholding structure of his stake in the group for succession planning purposes. 17 percent, NagaCorp stated. His offer is for the remaining 1. Lip Keong Chen is Senior CEO/Executive Director/Founder at Nagacorp Ltd. 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 CorpCasino buildings are works of art. 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. Mr. 2 billion), Tan Sri Lee Shin Cheng (IOI, US$5. #1349: Koon Poh Keong, USD1. 8 billion. . 3 billion. Chen Lip Keong. 6 billion coming in second and Koon Poh Keong with $6. Chen and Dr. NagaCorp, a Hong Kong-listed company controlled by Malaysia’s Chen Lip Keong that operates casino gaming in Cambodia, announced that the scheduled expansion of its integrated resort. Supplied PHNOM PENH - Philanthropist billionaire (Forbes 2019 USD 5. Koon Poh Keong is a founding member of Press Metal Aluminium Holdings Bhd and has been its CEO since the company’s listing on Bursa Malaysia in 1993. Lau Cho Kun / Nagacorp S Chen Lip Keong Wtk S Wong Kie Chie Pmb Tech S. . SubscribeSINGAPORE — For the past week, the legal fraternity has been abuzz with excitement over a paper by former chief justice and attorney-general Chan Sek Keong, which argued that Section 377A of the. 7% last year on the back of a. Naga2 opened across the street in November 2017, connected by underground mall NagaCity Walk. Chen Lip Keong’s Net Worth. is a leading casino and resort company in Cambodia. His eldest son, Chen Yiy Hwuan, 42, will become CEO of hotels, Chen Yiy Fon, 41, (a board member since 2015) CEO. Chen and his family. Nor is he a stranger to controversy. Dr. "Seven from last year's list dropped out, notably the AirAsia duo, Tony Fernandes and Kamarudin Meranun, as the ongoing pandemic dimmed hopes. 7 Billion ; Syed Mokthar – USD 1. Chen Lip Keong boosted three of his sons’ positions with the company, making all three co-CEOs. Gender. 4 billion (2021) Age 74. Malaya) Working experience and occupation : Tan Sri Dr Chen has more than 30 years of corporate, managerial and business experience since 1976. 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 AuditorHong 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. com: GBICxS/0013: Ir Wong Choong Yee: EAB Consulting Engineers Sdn Bhd:. 78 SHARES 1. Local Response. (ភ្នំពេញ)៖ H. CHEN LIP KEONG ’s NagaWorld empire lives a charmed life. Supplied PHNOM PENH - Philanthropist billionaire (Forbes 2019. Already the largest casino in Cambodia is controlled by foreigner Chen Lip Keong, one of the richest men in Malaysia. 5-billion scheme, with half the funding to come from NagaCorp’s founder and chief executive, Chen Lip Keong. Among the hardest hit were casino moguls Chen Lip Keong (No. Visit myFOCUS to see your saved articles and the topics you follow, and to update your profile. *a Puan Sri Lee Chou Sarn is the spouse of Tan Sri Dr. Michael Lai Kai Jin. 3 billion (RM22. 7bil (RM11. 1-2; p. Lip Keong Chen serves as Chief Executive Officer, Executive Director of the Company. Tan Sri Lau Cho Kun – Diana Abraham. See also Medyo Mahirap In English. 54 billion shares or 23. Lip Keong Chen is Senior CEO/Executive Director/Founder at Nagacorp Ltd. The Nomination Committee currently consists of two executive directors, namely, Tan Sri Dr Chen Lip Keong and Mr. Dr. Chen Lip Keong, NagaCorp’s founder, established the Sakai Trust to facilitate succession planning. As of August 2016. 9, US$3. 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. Immediately before the Share Transfer, the Trustee indirectly held 110,578,000 SharesThe Hong Kong-listed parent company NagaCorp is headed by chief executive officer Chen Lip Keong. Chen Lip Keong; US$2. 2. Robert Kuok is also the oldest member of the list, at the prime age of 97. S. B. Tan Sri Dr. Celebrating its second. Ho Siew Tian (alias Madam Qwee Lip Neo) passed away at the age of 77 at her residence, 47 Lorong 29 Geylang on 30 July 1948 at 9 pm, leaving behind her husband, Ho Siew Tian, 6 sons, 7. Others included two billionaires from the gaming industry – Lim Kok Thay, chairman of the Genting Group, and Dr Chen Lip Keong of the Naga Group, who holds a casino licence in Phnom Penh, Cambodia. Ir Lim Lip Keong: Teroka Intan Sdn Bhd: 03 8061 9380: 03 8061 2210: 016 206 9683: [email protected] billion, is for Naga 3, a new phase for NagaWorld, though the firm’s chief executive, Chen Lip Keong, has pledged to provide half of the latter investment. The other is Quek Leng Chan, executive chairman of the Malaysian arm of the privately held Hong Leong Group, who is at No. Chen Lip Keong – $2. 35 billion; Lau Cho Kun; US$2 billion; Forbes noted that the boost in domestic demand saw Malaysia’s. Lip Keong Chen biography Tan Sri Dr. S. VIEWS. Net worth: USD 2. Director of NagaCorp, the total compensation of Dr Chen at NagaCorp is $26,937,000. ("Ariston"), wholly owned by Dr Chen Lip Keong answered and submitted a comprehensive set of submissions. #699 Koon Poh Keong on the 2023 Billionaires - When Koon Poh Keong returned home to Malaysia from the U. Visit myFOCUS to see your saved articles and the topics you follow, and to update your profile. NagaWorld, his enterprise, is the largest casino resort in Indochina, with a guaranteed monopoly at Phnom Penh to 2035. ‘Ambitious’ extension. Chen Lip Keong and Puan Sri Lee Chou Sarn. 55 billion). Chen Lip Keong, owner of NagaCorp, and Genting Group boss Lim Kok rank sixth and seventh on Forbes' annual list of the richest Malaysians. Lim’s assets include Empire Resorts, the parent company of loss-making Resorts World Catskills #7 Chen Lip Keong Net Worth: $2. 1 billion 3) Koon Poh Keong dan adik-beradik; AS$6. Skip to main content. The Company owns and operates the largest integrated gaming and entertainment resort in the Mekong Region. Chen Lip Keong transfers controlling stake in NagaCorp to family trust. In July, the company's founder Chen Lip Keong transferred a controlling stake in the company to his family trust. Dozens of workers were arrested and at least 11 were charged. In addition to being the first business of its kind to be listed on the stock exchange in Hong Kong, NagaCorp is also the first casino to conduct the majority of its operations in Cambodia. 9 bilion) bilion di tempat ke-511. Tan Sri Lau Cho Kun – Diana Abraham. 7 B Industry: Gambling & Casinos Chen Lip Keong’s NagaWorld holds a casino license in Cambodian capital Phnom Penh running to 2065, with a guaranteed monopoly to 2035. 7 billion 5) Ananda Krishnan; AS$5 billion 6) Lee Yeow Chor dan Yeow Seng; AS$4. Chen’s five sons, namely Mr. The filing also noted that irrespective of market demand for NagaCorp’s proposed notes, the firm’s chief executive and executive director Chen Lip Keong will subscribe for “up to US$45 million” – measured by principal amount – in the new notes. K. . 2bil), nearly flat from a year ago. Dr. NagaCorp, which has an exclusive license to run casinos within a 120-kilometer radius of Phnom Penh, is owned by Malaysian-Chinese businessman Chen Lip Keong and is publicly listed on the Hong. NagaCorp is also developing a casino resort in Vladivostok. FOUNDER, CONTROLLING SHAREHOLDER AND CEO NagaCorp POWER SCORE: 1,485 POSITION LAST YEAR: 14 CLAIMS TO FAME Majority owner of HongQuek Leng Chan is the executive chairman of privately held Hong Leong Co. Architectural contractor A. However, there are several factors that affect a celebrity’s net worth, such as taxes, management fees, investment gains or. 11, US$2. That, in turn, led to a workers’ strike that is still causing issues today. of Dr. NagaCorp had been hoping to open the casino resort at some stage in 2022, but that no longer. Chen Lip Keong is the founder of gaming company NagaCorp, which holds a gambling monopoly in Phnom Penh, Cambodia. People like Tun Daim Zainuddin, Syed Mokhtar Al-Bukhary, Robert Kuok, Vincent Tan, Francis Yeoh, Ananda Krishnan, Quek Leng Chan, Teh Hong Piow, Lee Shin Cheng, Chen Lip Keong, Lim Kok Thay, Lau Cho Kun, Jeffrey Cheah, Koon Poh Keong, Lim Wee Chai, and the other top 100 richest Malaysians are greedy people. Diversified. 4 billion or about RM14 million) and Lim Kok Thay (No 11, $2. 7% in 2022 on the back of a rebound in domestic consumer spending, Malaysia’s. 4 billion and where he is the first casino company to be listed in Hong. Chen Yiy Hwuan, Mr. His estimated net. of Dr. 7, $3. Instead he struck gold in quite a different business. Lip Keong Chen. The late singer Danny Chan Pak. Oxley is a sub-billion ($910M) market capitalisation company while DBS has a $52 billion market cap, more than 52 times larger. 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. Chen Lip Keong and Puan Sri Lee Chou Sarn. He inherited part of his fortune from his father, one of. 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. Others included two billionaires from the gaming industry – Lim Kok Thay, chairman of the Genting Group, and Dr Chen Lip Keong of the Naga Group, who holds a casino licence in Phnom Penh, Cambodia. July 25, 2022. of Dr. Chen Lip Keong. NagaCorp founder Chen Lip Keong sees. With a net worth of about $3. Last updated: 1 June 2023 at 11:00am EST Lip Keong Chen Net Worth Lip Keong Chen biography Tan Sri Dr. (Adam. 1 Billion ; Ananda Krishnan – USD 5. Chen Lip Keong owns NagaWorld, which is Cambodia’s biggest casino. Usaha Sembako Kecil Kecilan. Industry Hotels, Restaurants & Leisure Founded 1995 Country/TerritoryThe Founder, Controlling Shareholder and CEO of NagaCorp, Dr Chen Lip Keong, has transferred a controlling stake in the company to his family trust. He has now. 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. Chen Lip Keong (No. See the full coverage here. Tan Yu Yeh and Tan Yu Wei; US$2. 6 Billion ; Lee Yeow Seng – USD 1. Chen and his family. 4 billion (RM14. The Asian edition of international business. Chen Lip Keong is a renowned Malaysian entrepreneur and businessman with a net worth of $7. 2 with a net worth of $9. In Forbes’ 36th annual World’s Billionaires List, the magazine estimated Chen’s net worth to be US$2. Ching is the highest paid CEO in 2019, ranging between $13. Under the re-designation, Dr Chen’s position will change from CEO to Senior CEO, effective immediately. Chen Lip Keong, founder of NagaCorp, was classified as the 7th richest individual in the nation, with a net worth of $2. 7 billion amid the rising tide of tourists to Cambodia, the country’s. 3 billion: Genting. RM354 billion). Hong Kong-listed NagaCorp says that its impending US$3. Robert Kuok, Ananda Krishnan, Koon Poh Keong, and more on Forbes' 2023 list of the world's wealthiest individuals. Mr Chen Yiy Fon Mr Lim Mun Kee executive President Tan Sri Dr. Designation. 4 billion 9) Lim Kok Thay; AS$2. Among the hardest hit were casino moguls Chen Lip Keong and Lim Kok Thay (No 11, US$2. 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. 20 Oct 2010, 09:43 am Updated - 21 Aug 2014 08:36 pm. Ipoh-born Tan Sri Dr Chen Lip Keong is no stranger to the business world. appointment of chen cherchi as chief executive officer - finance and treasury. About Us; The Team; Advertise with Us () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()More on Forbes: Casino Billionaire Chen Lip Keong Places Bets On Russian Expansion. Chen has 1 job listed on their profile. Chen Lip Keong boosted three of his sons’ positions with the company, making all three co-CEOs. | March 30, 2023Each of these is the Hokkien rendering, reflecting the dominance of Singapore’s Hokkien community. 9bil) 8. Join Facebook to connect with Chen Lip Keong and others you may know. Others included two billionaires from the gaming industry – Lim Kok Thay, chairman of the Genting Group, and Dr Chen Lip Keong of the Naga Group, who holds a casino licence in Phnom Penh, Cambodia. Tan Sri Dr. 35 billion; Lau Cho Kun; US$2 billion; Forbes noted that the boost in domestic demand saw Malaysia’s. Lim’s assets include Empire Resorts, the parent company of loss-making Resorts World Catskills #7 Chen Lip Keong Net Worth: $2. KUALA LUMPUR – The cumulative wealth of Malaysia’s 50 richest people on the 2022 Forbes list fell 10% from a year ago to US$80. . He’d been to Malaysia’s Genting Highlands once on a date in the 1970s and visited Las Vegas once as. Pansy is a daughter from his second marriage, to wife Lucina Laam King-ying, and is known as one of the richest and most successful businesswomen in Hong Kong. appointed three new chief executives, all sons of founder Chen Lip Keong, who now holds the title of senior chief executive. Khmer Times December 12, 2020 Tan Sri Dato’ Dr Chen Lip Keong, renown philanthropist is a regular contributor to Cambodia’s charitable cause. 54% stake in Karambunai Corp Bhd from FACB Industries Inc. Islamic influence was "certainly discernible in the foundation of the first deliberately-planned university" in Europe [Boisard, Marcel A. The share price of Chen’s NagaCorp Ltd. (LRSU/Mam Sovathen) A son of casino firm NagaCorp’s billionaire senior CEO has been accused by unionists of. KUALA LUMPUR: Ipoh-born Tan Sri Dr Chen Lip Keong is no stranger to the business world. He is a qualified medical doctor. Facebook gives. 1-2; p. 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 Auditor BDO Limited Solicitors Ashurst Hong Kong (as to Hong Kong Laws) Principal Banker CIMB Bank. Chen is the chief executive officer and founder of Hong Kong listed. Ranked #7 in Malaysia's 50 Richest in 2018; Lim Kang Hoo – 19th richest person in Malaysia, as of 2014; Cheong Yoke Choy – tin miner, philanthropist and benefactor of. 3 billion), Chief Executive and majority shareholder of NagaCorp, saw his wealth increase by $1. The major shareholder, Tan Sri Dr Chen Lip Keong, received more than 92%. The minimum net worth to make the list was $255 million, down from US$315 million in 2021. Oon) (1898–1979) – pioneering female. . 3 billion contract signed in Malaysia in January, the government has given Dr. 19 August 2021, Singapore – The Rare Disease Fund (RDF) today received a pledge of $6. The reporters didn’t find any evidence of wrongdoing. Chen Lip Keong is the man behind NagaWorld, the casino license holder in Phnom Penh, the capital of Cambodia. 8 billion. Chen’s five sons, namely Mr. NagaCorp, controlled by billionaire Chen Lip Keong, said Tuesday it’s aiming to raise $200 million by issuing additional debt notes to strengthen its balance. NagaCorp’s Chen Lip Keong, WTK’s Wong Kie Chie, PMB. 3 Billion ; Wong Kie Chie – USD 1. . 2 Billion ; Koon Poh Keong – USD 4 Billion ; Chen Lip Kong – USD 2. 9, US$3. He is the sole owner of NagaWorld, which is Indochina’s most extensive casino and resort complex. View Chen Keong’s profile on LinkedIn, the world’s largest professional community. 8 billion. Mr Chen Yiy Fon is the son of Tan Sri Dr. Immediately before the Share Transfer, the Trustee indirectly held 110,578,000 SharesNOMINATION COMMITTEE. 4 billion. The commentary was given to GGRAsia by Adam Steinberg, advisor to Hong Kong-listed NagaCorp’s founder and chief executive Chen Lip Keong. Chips were down for Cambodia casino king Chen Lip Keong, who lost his billionaire status with a 40% slump to $750 million. Cambodia Releases 200 Striking Nagaworld Workers After UN Criticism. Did you. 6) Chen Lip Keong. Tan Sri Koon Poh Keong and his siblings, who control aluminium giant Press Metal Aluminium Holdings Bhd, remained in the third position with US$6. 4 billion), Tan Sri Lau Cho Kun (Hap Seng Consolidated Bhd, US$3. Tan Sri Dr Chen Lip Keong: Age: 60: Nationality: Malaysian: Qualifications: Graduated in medicine and surgery from University of Malaya in 1973 (M. 2) Quek Leng Chan; AS$10. Under a $1. 18 Chen Lip Keong. 7, $3. Tan Sri Dr Chen Lip Keong 執行董事、創辦人、控股股東兼高級行政總裁. The bank serves millions of customers in Malaysia as well as. The magazine, which calculates the wealth of individuals using company data, published a list of the 50 richest Malaysians in its March edition. Chen is not only the founder and controlling shareholder in NagaCorp, but he is Economic. With a career spanning over four decades, he has designed buildings for the mavericks of the gaming industries including Kirk Kerkorian, Steve Wynn, Sheldon Adelson, Francis Lui, Lawrence Ho, Tan Sri Dato’ Lim Kok Thay, Tan Sri Dr Chen Lip Keong, Prince Albert of Monaco, Bob Stupak, Frank Modica, Phil Satre, Derek Stevens and Stanley Ho. 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. NagaCorp, a Hong Kong-listed company controlled by Malaysia’s Chen Lip Keong that operates two casinos in Cambodia, announced last week that it is suspending work indefinitely on the planned Primorsky Entertainment Resort City project in Vladivostok, Russia, “until the circumstance is clearer". 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. KUALA LUMPUR: Ipoh-born Tan Sri Dr Chen Lip Keong is no stranger to the business world. NagaCorp is also developing a casino resort in Vladivostok. 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. Age 92 saw his passing in December 2022. According to the Cambodia Daily, the elder Chen is “accelerating the family succession plan” with the “re-designation” of senior management. 50. There is a lot of money in the gambling business, and today#355: Chen Lip Keong, USD5 billion Image Credit: Facebook/ Billionaires. The settlement shares – to cost a total of US$1. Mr Chen Yiy Fon is the son of Tan Sri Dr. Chen Lip Keong (No. 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. 2. Tan Sri Dr Chen Lip Keong, aged 75, was appointed as an executive director of the Company in April 2003.