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Topic: Khoo Teck Puat


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In the News (Mon 4 Jun 12)

  
  Encyclopedia :: encyclopedia : Mary of Teck   (Site not responding. Last check: 2007-10-29)
Princess Mary of Teck (Victoria Mary Augusta Louise Olga Pauline Claudine Agnes) (26 May 1867 – 24 March 1953), later Queen Mary, was the Queen consort of George V of the United Kingdom.
Her father was Prince Francis, Duke of Teck, the son of Duke Alexander of Württemberg by his morganatic wife, Countess Claudine Rhédey de Kis-Rhéde (created Countess von Hohenstein in the Empire of Austria).
The Duchess of Teck was however granted a Parliamentary Annuity of £4000 plus £4000 from her mother, the Duchess of Cambridge.
www.hallencyclopedia.com /Mary_of_Teck   (2128 words)

  
 Brudirect.com - News Updates
Khoo Teck Puat, the father of Pehin Khoo Ban Hock, the former National Bank of Brunei (NBB) chairman, is actually holding the key to the Standard Chartered Bank's future as he is the single biggest shareholder with a 14.5 per cent stake.
His eldest son, Pehin Khoo Ban Hock, served a two-year jail sentence in Brunei for conspiracy to defraud the National Bank of Brunei, which was taken over by the Brunei government and closed fifteen years ago.
Speculations that Khoo Teck Phuat might be selling his shares in The Standard Chartered Bank Plc was denied by the bank in the Malaysian paper, The Star, late last month.
www.brudirect.com /DailyInfo/News/Archive/Dec01/111201/bb09.htm   (433 words)

  
 Brudirect.com - News Updates
Tan Sri Khoo's son, Khoo Ban Hock served two years of a three-year jail sentence in Brunei fifteen years ago for conspiracy to defraud the National Bank of Brunei, of which he was the chairman.
Khoo first gained prominence as a founder of Maybank, Malaysia's biggest bank, before expanding into the hotel business, including buying Singapore's elaborate Goodwood Hotel, which was designed by the architect who was responsible for the city-state's world-famous Raffles Hotel.
His eldest son, Khoo Ban Hock, who was chairman of the bank at the time, served two years jail sentence in the country for conspiracy to defraud the National Bank of Brunei.
www.brudirect.com /DailyInfo/News/Archive/Nov01/291101/bb18.htm   (543 words)

  
 The Tan Sri Khoo Teck Puat Estate agrees to sell shares in Standard Chartered to Temasek
Ms Elizabeth Khoo, a trustee of the Estate said, “We are pleased to have concluded the agreement.
When Tan Sri Khoo Teck Puat passed away on 21 February 2004 at the age of 87, he was the largest individual shareholder in Standard Chartered PLC (Stanchart).
Tan Sri Khoo’s most famous investment in banking, however, came in 1986, when he was one of three financiers who came to the rescue of Stanchart to stave off a hostile takeover by Lloyds Bank.
www.temasekholdings.com.sg /news_room/press_speeches/28_03_2006.htm   (693 words)

  
 CNN.com - Key StanChart shareholder dies - Feb. 22, 2004
Singapore tycoon Khoo Teck Puat, the largest shareholder in Britain's Standard Chartered Bank, has died at the age of 86.
Khoo suffered a heart attack and died Saturday night in a Singapore hospital, according to an obituary that appeared in Singapore's Sunday Times newspaper.
Khoo, born in Malaysia in 1917, was the founder of Malayan Banking Corp. in 1960 and the owner of the Goodwood group of hotels, including the Goodwood Park, York and Ladyhill hotels in Singapore and the Royal Garden Hotel in London.
edition.cnn.com /2004/BUSINESS/02/22/singapore.khoo   (276 words)

  
 Malayan Banking Berhad
Khoo Teck Puat was born in 1918 into a wealthy Malaysia family of Chinese descent.
Khoo's father, Khoo Yang Thin, had founded a trading business and also built up a portfolio of plantations and agricultural properties.
That license was granted to Khoo and a number of other OCBC executives who left the bank to form Malayan Banking Berhad in 1960.
www.referenceforbusiness.com /history/Lo-Me/Malayan-Banking-Berhad.html   (2154 words)

  
 Business | Sale of Standard Chartered stake calms takeover speculation
A near 12% stake in Standard Chartered was last night sold to a Singaporean investment firm, dampening speculation that the shares might be used as the springboard for a possible takeover bid.
The shares were owned by the estate of Tan Sri Khoo Teck Puat, who died more than two years ago.
Mr Khoo invested in Standard Chartered in 1986 and had been a champion of the bank.
business.guardian.co.uk /print/0,,329444359-108725,00.html   (361 words)

  
 Temasek becomes largest shareholder in Standard Chartered
Khoo, an old-school banker and hotelier, was Standard Chartered's single largest shareholder when he died in February 2004 at the age of 87, sparking speculation it could become a takeover target for one of the global giants.
That year, US business magazine Forbes declared Khoo the richest person in Singapore -- and the 108th wealthiest in the world -- with a net worth of $4.3 billion.
Elizabeth Khoo, a trustee of the estate and daughter of the late Singaporean tycoon, said in a press statement: "My late father would be happy as he had wanted the block to be sold to a proven long-term investor and had a high regard for Temasek."
www.singapore-window.org /sw06/060328af.htm   (609 words)

  
 TODAYonline   (Site not responding. Last check: 2007-10-29)
In its latest overseas foray, the state-linked investment firm will purchase 152.4 million shares worth an estimated four billion US dollars from the estate of Khoo Teck Puat, a reclusive Singaporean billionaire who died in 2004.
That year, US business magazine Forbes declared Khoo the richest person in Singapore -- and the 108th wealthiest in the world -- with a net worth of 4.3 billion dollars.
Elizabeth Khoo, a trustee of the estate and daughter of the late Singaporean tycoon, said in the joint statement: "My late father would be happy as he had wanted the block to be sold to a proven long-term investor and had a high regard for Temasek." — AFP
www.todayonline.com /articles/109468print.asp   (579 words)

  
 The Telegraph - Calcutta : Business
The British bank’s stake was acquired from the estate of Tan Sri Khoo Teck Puat, the late Malaysian-born billionaire, who died two years ago.
Tan Sri Khoo Teck Puat helped to rescue Standard Chartered from a hostile takeover bid by Lloyds Bank in the 1980s.
Elizabeth Khoo, a trustee of the Estate, said on Monday in a statement: “We are confident that Temasek will be able to effectively support Standard Chartered’s continued growth.
www.telegraphindia.com /1060329/asp/business/story_6027679.asp   (508 words)

  
 StanChart falls as stake sale dampens bid talk - UK   (Site not responding. Last check: 2007-10-29)
Standard Chartered, which has been a rumoured take-over target for more than two decades, was formed in 1969 when Chartered Bank and Standard Bank merged to protect themselves from predators.
Khoo was one of a trio of white knights who helped it to fight off
Khoo was one of a trio of white knights who helped it to fight off a hostile bid from Lloyds TSB
lemagchallenges.nouvelobs.com /french_news/art_31263.html   (1061 words)

  
 Business Editor's Commentary Standard feels sting of a Singapore ... - 5starsnews.com   (Site not responding. Last check: 2007-10-29)
THE FAMILY of the late Singapore tycoon Tan Sri Khoo Teck Puat are clearly not used to being taken for granted.
Mr Khoo arrived on the bank’s shareholder register in 1986 as part of a rescue party when Standard Chartered faced an unwelcome takeover approach from Lloyds.
When the billionaire Mr Khoo died in February, the stock market immediately sent Standard shares up by 3 per cent in the hope that it would trigger a bid.
www.5starsnews.com /luxury-hotels/26133.htm   (515 words)

  
 Singapore Media
Obituaries: Khoo Teck Puat, Dr. Humphrey Osmond, Jordi Casals-Ariet
Khoo Teck Puat, Singapore's richest man, has died of a heart attack, a newspaper reported Sunday.
PETALING JAYA: Malaysian-born billionaire Tan Sri Khoo Teck Puat died of a heart attack at the Mou...
archive.wn.com /2004/02/23/1400/singaporemedia   (756 words)

  
 TODAYonline   (Site not responding. Last check: 2007-10-29)
SINGAPOREAN tycoon Khoo Teck Puat's investing maxim was simple but astute: "When no one wants it, that's the time to buy a few million."
As investors yesterday digested news that Temasek had become StanChart's largest shareholder with an 11.55-per-cent stake, the market was rife with talk about whether the acquisition could some day bring the British bank together with Temasek-linked DBS Group Holdings, Singapore's top lender.
The prospect is enticing not only for DBS but also for others, such as HSBC and Citigroup, who reportedly eyed the Khoo stake for years.
www.todayonline.com /articles/109655print.asp   (745 words)

  
 [VR-Zone IT & Lifestyle Forum!] - Khoo Teck Puat
As a traditional businessman, he doesnt need the glamour of being the Chairman of listed company too.
April 4th, 2004 05:34 PM Khoo Teck Puat: The Movie
It's true that the Khoo family is very rich.
forums.vr-zone.com.sg /printthread.php?t=13634   (256 words)

  
 Business finance news - currency market news - online UK currency markets - financial news - Interactive Investor
"Standard Chartered notes the change of ownership of The Tan Sri Khoo Teck Puat Estate shareholdings, and welcomes Temasek as a long term investor in the company," Standard Chartered said in a statement issued after shares ceased trading in London.
There has been speculation that the Khoo family might sell its Standard Chartered shareholding since the death of its head, Khoo Teck Puat, in 2004.
According to press reports, several large global banks, including JP Morgan Chase and Co and Barclays PLC, had wanted to buy the stake as a prelude to launching a takeover bid for Standard Chartered.
www.iii.co.uk /news/?type=afxnews&articleid=5593888&action=article   (333 words)

  
 Asia Times Online :: Southeast Asia news and business from Indonesia, Philippines, Thailand, Malaysia and Vietnam
SINGAPORE - Temasek Holdings, an Asian investment company headquartered in Singapore, has signed a deal to buy an 11.55% stake in Standard-Chartered bank from the estate of late business tycoon Tan Sri Khoo Teck Puat.
The Tan Sri Khoo Teck Puat Estate will sell 152,399,222 ordinary shares in Standard-Chartered to Temasek's wholly owned subsidiary Dover Investments, Temasek said in a statement.
The deal is said to be worth an estimated US$4 billion.
www.atimes.com /atimes/Southeast_Asia/HC30Ae03.html   (225 words)

  
 What’s New Today! » Business   (Site not responding. Last check: 2007-10-29)
A Singapore state-owned private investment firm has become the biggest shareholder in Standard Chartered.
Temasek Holdings has bought an 11.55% stake in the London-based bank worth an estimated $4bn (£2.3bn) from the estate of billionaire Khoo Teck Puat.
Analysts said the move would lessen the chances of Standard Chartered being targeted by a takeover approach.
www.whatsnew.in /category/business   (216 words)

  
 Malaysian National News Agency :: BERNAMA   (Site not responding. Last check: 2007-10-29)
The Tan Sri Khoo Teck Puat Estate Agrees To Sell Shares In Standard
Given Temasek's experience in investing in banks and companies globally, we are confident that Temasek will be able to effectively support Standard Chartered's continued growth.
This material may not be published, broadcast, rewritten or redistributed in any form except with the prior written permission of BERNAMA.
www.bernama.com /bernama/v3/printable.php?id=188396   (135 words)

  
 TNA Oct 04, 1999 SPHC for sale   (Site not responding. Last check: 2007-10-29)
SYDNEY: The SPHC hotel group is up for sale, with Marriott International, Accor Asia Pacific and Bass locked in a bidding war for the Sydney-based chain.
SPHC, which runs properties under the Parkroyal, Centra and Travelodge banners, last traded in 1988 when Chicago's Pritzker family, which owns Hyatt Hotels & Resorts, paid A$540 million to Malaysian financier Tan Sri Khoo Teck Puat for the group, then known as Southern Pacific Hotels Corporation.
Sources say the Pritzkers want to recoup the $540 million on any new sale but bidding has been slow because SPHC is to be sold as a mangement company, with most of its fully-owned hotel buildings to be retained by Hyatt.
www.cargonewsasia.com /timesnet/data/tna/docs/tna9941.html   (113 words)

  
 Temasek buys 12% stake in Stan Chart
Singapore's state-investment company, Temasek Holdings Pte Ltd, will buy an 11.55 per cent stake in Britain's Standard Chartered PLC in a deal that will make it the bank's single largest shareholder, the company announced.
Temasek is buying the stake from the estate of the late Singaporean tycoon Khoo Teck Puat, who died in 2004.
The two sides have already signed a deal on the sale, which is expected to be finalised in a few months time after obtaining regulatory approvals in Britain and Hong Kong, where Standard Chartered is listed on their respective stock exchanges.
news.ninemsn.com.au /article.aspx?id=93234   (318 words)

  
 ShareCast - News you can use
LONDON (SHARECAST) - Shares in Standard Chartered slipped as investors decided that the acquisition of a near 12% stake by Singapore government-backed investment group Temasek lessened the chances of a takeover.
Temasek announced last night it was to buy an 11.55% stake in Standard Chartered from the estate of late banking tycoon Khoo Teck Puat for £2.3bn.
Speculation over the stake had been growing since the death of Khoo Teck Puat in 2004 with a number of big banks tipped as possible buyers as a precursor to a bid for the colonial bank.
www.sharecast.com /cgi-bin/sharecast/story.cgi?story_id=651953&print=1   (346 words)

  
 Singapore Radio - live via internet!
SINGAPORE - Singapore's richest man, Khoo Teck Puat, has died of a heart attack, a newspaper reported Sunday.
Apart from the eight secondary school and tertiary choirs under her wing, veteran conductor Jennifer Tham also has two other 'babi...
SINGAPORE (AP) - Singapore's richest man, Khoo Teck Puat, has died of a heart attack, a newspaper reported Su...
archive.wn.com /2004/02/22/1400/singaporeradio   (764 words)

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