Thursday, May 22, 2008
Forbes' Top 40 Richest Malaysians
Special Report
Malaysia's Richest
05.21.08, 11:00 PM ET
| Rank | Name | Net Worth ($MIL) | Age |
| 1 | Robert Kuok | 10.00 | 84 |
| 2 | Ananda Krishnan | 7.20 | 70 |
| 3 | Lee Shin Cheng | 5.50 | 69 |
| 4 | Teh Hong Piow | 3.50 | 78 |
| 5 | Lee Kim Hua & family | 3.40 | 79 |
| 6 | Quek Leng Chan | 2.40 | 67 |
| 7 | Yeoh Tiong Lay & family | 2.10 | 78 |
| 8 | Syed Mokhtar AlBukhary | 1.80 | 56 |
| 9 | Vincent Tan | 1.30 | 56 |
| 10 | Tiong Hiew King | 1.10 | 78 |
| 11 | Azman Hashim | 0.70 | 68 |
| 12 | William H. J. Cheng | 0.66 | 65 |
| 13 | Lee Swee Eng | 0.50 | 52 |
| 14 | Ong Beng Seng | 0.47 | 63 |
| 15 | Lim Kok Thay | 0.35 | 56 |
| 16 | Vinod Sekhar | 0.32 | 40 |
| 17 | Lee Oi Hian | 0.30 | 57 |
| 18 | Yaw Teck Seng | 0.30 | 70 |
| 19 | Anthony Fernandes | 0.29 | 44 |
| 20 | Mokhzani Mahathir | 0.29 | 47 |
The 40 Richest Malaysians
Suzanne Nam 05.21.08, 11:00 PM ET
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The bar has been lowered. Malaysia's 40 Richest needed a net worth of only $100 million to make the list this year, down from $127 million in 2007, despite the fact that the Malaysian ringgit gained 6% against the U.S. dollar, the currency in which their fortunes are measured.
Caught up in the global equities slide, the Kuala Lumpur Composite Index was off 8% in the past year but has fallen 15% since mid-January. While 16 people still managed to add to their fortunes, another 18 saw their net worth slip.
Some tumbled considerably, with seven losing one-fourth or more of their fortune. That includes Lim Wee Chai, head of rubber glove manufacturer Top Glove, and Yaw Teck Seng, founder of forest group Samling, both worth one-third less than a year ago.
In Pictures: The Richest Malaysians
The total net worth of the top 40 is $46 billion, up $3 billion from last year. But that figure is skewed by strong gains by three tycoons who are up a combined $4.9 billion.
The year's biggest gainer was Robert Kuok, again the country's richest person; his fortune jumped $2.4 billion to $10 billion. That was on top of a $2 billion gain the previous year. Lee Shin Cheng, ranked third, adding $1.9 billion. Both businessmen got boosts from their valuable holdings in palm oil producers Wilmar International and IOI, respectively.
Vincent Tan's fortune has more than tripled in just a year, thanks mostly to gains in the share price of his Berjaya Land and flagship Berjaya Corp., pushing him into the billionaire ranks and bringing the country's total number of billionaires up to 10.
Lee Swee Eng is up in part because we added in the value of the shares held by his wife, Gan Siew Liat, who works with him at oil services company KNM. But even without her, his fortune would have increased, as KNM's stock price almost doubled in the past year.
Three newcomers made the cut. The richest is Lee Kim Hua, widow of renowned gaming tycoon Lim Goh Tong, who died in 2007. David Law Tien Seng makes his debut thanks to his stake in Australian iron ore company Midwest.
Grabbing the No. 40 spot is Nazir Razak, son of the nation's second prime minister, who heads financial services firm CIMB. Kasi K.L. Palaniappan and Mustapha Kamal Abu Bakar lost their spots on the list, as shares in real estate developer MK Land Holdings, which makes up most of their wealth, are trading at just a third of their price, compared with last year.
Although we don't usually put royalty on the list, U.K.-trained lawyer Seri Eleena Raja Azlan Shah, whose father is a sultan, returns, thanks to her chunk of infrastructure company Gamuda, on whose board she sits.
For people with publicly traded fortunes, net worths were calculated using share prices and exchange rates from May 9. For privately held fortunes, we used database company BRIS and other sources to estimate what companies and assets were worth if public.
In Pictures: The Richest Malaysians
Big Winners
Not every big investor in Malaysia has been dragged underwater by the 5% overall drop in the KLCI share index. Indeed, these stocks, owned by seven rich list members, have bucked the trend and posted impressive gains. All but one of these companies, Wilmar, trade in Malaysia.
| Stock | Tycoon | Industry | Gain |
| Berjaya Corp. | Vincent Tan | real estate | 163% |
| KNM Group | Lee Swee Eng | oil services | 93% |
| Wilmar International | Robert Kuok | palm oil | 61% |
| IOI | Lee Shin Cheng | palm oil | 35% |
| Kuala Lumpur Kepong | Lee Oi Hian, Lee Hua Hian | diversified | 26% |
| Kencana | Mokhzani Mahathir | petroleum | 22% |
| Parkson Holdings | William Cheng | China retail | 21% |
Wednesday, May 21, 2008
Sixth Sense?
"Khairy, Kamal and Kali To Get More Projects"
2. Just not too long ago, we heard this news:
3. The source of the news is here.
4. Penang's one scrapped, moved to Putrajaya instead?
5. Putrajaya is built by Petronas money.
6. I do not know what else to write so point no. 6 is just a filler.
7. Must I go on now?
8. OK, that's all.
9. Muahahaha.
[Still a blogger with a membership No. 13500295.]
See Bloggers Eli, Teresa, Budu (OK Lah, And That Toyol) Live In Action Now!
Hope that doesn't cost them millions, as compared to the Parliament's.
Tuesday, May 20, 2008
Broadband and Dial-up Internet Penetration Is Only 14.3% and 15.5%, Respectively (And BN Is Blaming RPK For Their Turmoil)
From the horse's mouth:
If you're reading this, congratulations! You are part of the statistics given in the above article.
Monday, May 19, 2008
Possible MSM Front-page Headlines for Tomorrow




***
Apart from the word 'quit', can we expect more like these?
"I Go My Own Way"
"No, I'm Not Mocking Celine Dion!"
"Me and my wife and Sanusi. Wanna join us 3some?"
"Ada Had. Ada Hari."
"Entah-entah dia paham ke tok"
"Karnival Jom Letak Jawatan Kurang Dapat Sambutan Ramai"
"他不了解我的心"
"有我没有他"
"不送了, 老马!"
And probably NaSTy Pee will look like these:
"Wohoo! Good Riddance of Rice-pot Breaker!"
"Khairy, Kamal and Kali To Get More Projects"
"Quit, Quit Lah! You're Not Our Political Master Anymore!"
"While Someone Quits, We Still Have:
Nargis Cyclone
Sichuan Earthquake
...and some say Penang tremors"
Your Vargina Is Very Tasty
Spotted in Facebook via John Lee Ming Keong.
This is a real Malaysian restaurant, as far as I know. (Yes, the Malay word for restaurant is "restoran".) The subtitle literally means "food (of) Islam that is delicious". Less literally, of course, the sign can be read as "Vargina Restaurant - Delicious Muslim Food".
Food Crisis? Inflation? Let's Buy Soyuz!
I must really congratulate the utmost intelligence of our government in this decision. No other country in the world could manage to purchase an off-focus spacecraft but our gomen is planning to. Bravo!
And yes, I really do support the programme. The grains are so expensive nowadays and our caring gomen is actually researching how we could harvest rocks from the moon to become our food. How caring!
Mahathir: "I Jumped, You Jump?"

Into the sea, that is.
But will others jump into the sea? And not to another ship? ;-)
I know this kinda sounds cheesy, but after numerous surgeries, his heart goes on and on. So he's still gonna be relevant at least for sometime.
Sunday, May 18, 2008
Saturday, May 17, 2008
Friday, May 16, 2008
Lingam Tape Royal Report Comes With A 'Royal' Price; Costs More Than Half A Thousand
I'm talking about this. Are you nucking futs?
C'mon! Are trees already extinct on this planet? With that price you could almost buy a whole library! Or at least a set of encyclopedia (speaking of which, who needs them nowadays anyway, with Wiki).
Wong Chun Wai was so trembled by the news that he missed the decimal point?
Lingam Tape Inquiry To Be Made Public, But...
But...
1. You'll have to pay for it.
2. It's again up to the AG Chambers to make final
3. What is the likelihood of M being dragged to jail to have a black eye like Anwar?
4. Refer previous 'royal' examples - IPCMC, Squatgate. Anything happened?
How To Survive With No Permanent Job, Earning RM 1,500 A Month, With 4 Wives and 18 Kids (And Counting)
Parliament Promoted From Zoo To Primary School
Now, it has been promoted to a primary school. At least for now.
'Students' are now being told by 4th floor 'teachers' to read from texts. Word by word.
It seems that they have poor memory, short-lifespan memory or just too afraid of 4th floor 'teachers'.
But 4th floor 'teachers' are in fact very kind to their 'students'.
The 'teachers' revise with the 'students' past-year 'examination' questions. And make them memorize the templated answers.
Even in essay-writing.
Oh, 'forecasted questions' are provided also.
But sometimes, 4th floor 'teachers' have access to real 'examination' questions. They are involved in the question-setting panel after all.
That's where the leak questions came about. Some call them 'planted questions'.
You see, the 'examination' is all about regurgitation.
But sometimes, as mentioned earlier, 'students' have poor memory.
Even though forecasted questions, leaked questions, or planted questions (whatever you want to call them) are provided, not only did they not get the facts right for the questions, the 'students' got caught bringing in 'notes' to the 'examination hall'!
And then, they were shamelessly caught with their pants down regurgitating the wrong answers openly under broad daylight!
Subsequently, it is natural for the 4th floor 'teachers' to defend them, saying that their 'students' are smart enough to have anticipated the questions (not so sure about the caught with the pants down part). Bad 'students' reflect bad on bad 4th floor 'teachers', innit?
Don't blame them, they are just products of the 'system'.
And we all know what the 'system' is, don't we? It starts with a big and vulgar capital 'U'.
Happy Teachers' Day!






















