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Topic: Quek Leng Chan


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  NameTraq | Last Name: Chan   (Site not responding. Last check: 2007-10-14)
MALAYSIAN tycoon Quek Leng Chan has re-emerged on the Hong Kong banking scene, after having sold his Dao Heng Bank in the territory to Singapore's DBS Bank for...
Party president Tan Sri Dr George Chan said the information compiled by the party was mainly about the problems faced by Chinese schools and their requests for...
Eric Chan, 23, a former star tennis player and high honors student at Sun Prairie High School, was convicted of second-degree reckless homicide for the Oct....
nametraq.org /Jan04/C/Chan.shtml   (2317 words)

  
 Your Emotional Neuroses Only Serve to Amuse: News - A Billionaire and his Bodyguard   (Site not responding. Last check: 2007-10-14)
Last month in KL, Quek Leng Chan, a Singapore/Malaysian billionaire (Hong Leong, Dao Heng Bank and various other dodgy sort of deals) lost a case in which his bodyguard claimed M$160,000 (~US$40,000) for wrongful dismissal.
Quek's eldest son returned to Malaysia from studying in the UK in 1999.
Quek's PR machine is obviously not working very well if a story of this nature which reflects badly on his family in so many ways slips into the mainstream press
infinite-bowel.blogspot.com /2005/06/news-billionaire-and-his-bodyguard.html   (593 words)

  
 Quek Leng Chan   (Site not responding. Last check: 2007-10-14)
PAB Nominee (Tempatan) Sdn Bhd - Tan Sri Quek Leng Chan NARRA
Y Bhg Tan Sri Quek Leng Chan HLIND
Y Bhg Tan Sri Quek Leng Chan SSTEEL
www.geocities.com /adrian_klse/HL.html   (36 words)

  
 CENTRAL NORTH ISLAND : BUSINESS - STORY : New Zealand's leading news and information website   (Site not responding. Last check: 2007-10-14)
Mr Burdon, a former National Party cabinet minister, and BIL chief executive Arun Amarsi are the two independent directors on the BIL board whose duty it is to protect the interests of minority shareholders.
Singapore reports doubt whether Mr Quek will win over thousands of shareholders with a S$1.20 (NZ$1.05) bid that has no premium over the market price and is a little less than the company's net tangible asset backing of US73 cents (NZ$1.08) a share.
In takeover documents Mr Quek and interests associated with him and acting in concert with him revealed a stake of 39.9 per cent in BIL last week.
www.stuff.co.nz /centralnorthisland/0,2106,3348162a13938,00.html   (614 words)

  
 STUFF : BUSINESS - STORY : New Zealand's leading news and information website   (Site not responding. Last check: 2007-10-14)
Sources told Reuters yesterday that Hong Kong property group Guoco, controlled by Malaysian tycoon Quek Leng Chan, was set to make a full buy-out offer for BIL International in a deal that would value the owner of the UK's Thistle Hotels group at as much as to $S1.8 billion ($NZ1.65 billion).
Quek bought about 138.5 million shares in BIL in a block trade at S$1.20 a share earlier on Wednesday, just minutes before the stock was suspended from trading, the first source said.
Quek controls less than 30 per cent of BIL through various channels including Camerlin Group and Guoco Group Ltd. The price for Longleaf's stake is close to the group's net tangible asset is $US0.73 a share ($NZ1.10), according to BIL's last published results for the period ended March 31.
www.stuff.co.nz /stuff/0,2106,3345481a13aT,00.html   (691 words)

  
 UnlimitedNet : Dog gone
Quek’s business empire is short of cash and the suspension of the dividend last year is thought to have triggered his October boardroom clean-out.
Quek is said to strike with a quick temper at any that frustrate or fail him.
The analysts argue Quek’s influence will be critical in all the three main areas that will drive BIL’s fortunes; cash flow, and the future of the investments in Thistle Hotels and Air New Zealand.
www.unlimited.co.nz /unlimited.nsf/PrintDoc/C131F99D6F9EBE27CC25693B007E1AED   (2700 words)

  
 NameTraq | Last Name: Heng
Leng Chan is back with a bang in HK banking
When Ms Chan Lai Heng, one of the last ma jie members, died in 1982 of liver cancer, she said the money should go to charity if the apartment was sold.
Police found two notes in Sow's pocket — one was a confession that she had caused the death of her boyfriend Chan Kim Heng while the other said she regretted...
nametraq.com /genealogy_jan04/H/Heng.shtml   (2936 words)

  
 [No title]
HLCB is owned as to 52.51% and 25.66% by HLCM Group (excluding the Group) and the Group respectively.
Quek Leng Chan, Executive Chairman of Guoco, is deemed a major shareholder of Guoco and HLCB respectively.
Kwek Leng San as non-executive director and Mr.
www.asiawind.com /pub/hksr/news/050112/09-270   (315 words)

  
 Lelong Forum - Five M’sians make the Forbes rich list   (Site not responding. Last check: 2007-10-14)
On Quek Leng Chan, whose family wealth is estimated at US$2.1bil, Forbes said that under his aegis, Hong Leong Group Malaysia had been transformed into one of the leading financial conglomerates in Asia.
Quek's Guoco Group, whose shares are traded on the Hong Kong Stock Exchange, is a leading real estate developer and financial services firm with operations throughout Asia.
Quek oversees the group's Malaysian operations, while a cousin manages the Singaporean operations.
bbs.buysell.net.my /bbs/showthread.php?t=4002   (1148 words)

  
 Malaysian tycoon in bid for BIL | BUSINESS | NEWS | tvnz.co.nz   (Site not responding. Last check: 2007-10-14)
Malaysian tycoon Quek Leng Chan has made a takeover bid for BIL International, valuing the investment concern at $1.5 billion.
Quek made the offer after his Hong Kong property and investment firm Guoco bought a 10% stake in BIL, raising his stake of 40%.
BIL was formerly known as Brierley Investments and founded in 1961 by corporate raider Sir Ron Brierley of New Zealand.
tvnz.co.nz /view/page/423466/597941   (95 words)

  
 National Business Review (NBR) - Business, News, Arts, Media, Share Market & More
As tipped by Dow Jones newswire earlier this week, the bid came from 29.5 per cent BIL stakeholder, Malaysian businessman Quek Leng Chan, through his Guoco Group Limited.
According to The Standard, the offer price of S$1.20 apiece represents a 3.2 percent discount to BIL's share price of S$1.24 before trading was suspended Wednesday and is lower than the value of its net tangible assets of US$0.73 (HK$5.69) a share.
Speculation before the announcement had been that Quek Leng Chan was not seeking outright ownership of BIL, but only a larger holding -- driven primarily by a desire to put some cash into an investment vehicle.
nbr.co.nz /home/column_article.asp?id=12420&cid=4&cname=Business+Today   (350 words)

  
 FT.com / Home UK - HK’s Guoco launches US$970m bid for BIL   (Site not responding. Last check: 2007-10-14)
Guoco Group, the Hong Kong-based property company controlled by Malaysian tycoon Quek Leng Chan, has launched a cash bid valuing Singapore-listed BIL International, the owner of the UK hotel chain Thistle, at S$1.64bn (US$970m).
The bid was made after Guoco on Wednesday increased its stake in BIL above the 30 per cent threshold that triggers a mandatory takeover offer under Singapore law.
It would be the biggest acquisition by Mr Quek since he sold his 71 per cent stake in Hong Kong’s Dao Heng Bank to Singapore’s DBS Bank in 2001 for S$10bn.
news.ft.com /cms/s/a0b04e0a-f436-11d9-9dd1-00000e2511c8.html   (125 words)

  
 Press Cuttings
Also last week Malaysian tycoon Quek Leng Chan, who controls Singapore-based investment company BIL, signalled that he may bid for Thistle Hotels in which BIL owns a 46% stake.
The third case is Thistle itself, which is at the centre of a takeover battle as BIL attempts to gain control.
Thistle has accused Quek Leng Chan of opportunism timed to coincide with the downturn in the market.
www.cbrehotels.com /emea/press/p_c/14mar_pw_03.html   (742 words)

  
 Forbes.com - Magazine Article   (Site not responding. Last check: 2007-10-14)
Kwek Leng Beng may not be a big name in the U.S., but in Singapore he's larger than life.
Kwek's cousin, Malaysian Quek Leng Chan, isn't doing too shabbily himself; both cousins are worth an estimated $2 billion each, but Kuala Lumpur-based Quek's fortune was first built around manufacturing.
Quek Leng Chan on the Forbes World's Richest People
www.forbes.com /2000/12/11/1211faces_print.html   (409 words)

  
 ASIANOW - Asiaweek
He and three other Asian investors, among them his Malaysian cousin Quek Leng Chan, paid $462.6 million to increase their 3% stake in New Zealand's Brierley Investments to 20%.
Quek Leng Chan, for example, may find synergies with Brierley's food holdings.
The same can be said of his cousin Quek Leng Chan, 51.
www-cgi.cnn.com /ASIANOW/asiaweek/96/0405/biz1.html   (2076 words)

  
 NameTraq | Last Name: Dao   (Site not responding. Last check: 2007-10-14)
The advent of the new agencies was delayed a year because of the SARS situation,'' said Dao Shuming, deputy director of the Shanghai Municipal Tourism...
After police walked in, Tran raised what Officer Marshall thought was a meat cleaver but which was actually a dao bao, an Asian vegetable peeler about 6 inches...
Mr Quek's Hong Leong group of companies covered markets such as Singapore, Malaysia and Hong Kong and the cash-rich tycoon who flocked Dao Heng Bank to DBS in...
nametraq.org /Jan04/D/Dao.shtml   (2287 words)

  
 Dao Heng Securities Limited
Guoco is one of several companies controlled by Malaysian tycoon Quek Leng Chan, who already had effective control of BIL before the latest purchase of BIL shares.
However, several investors had hoped Quek would try to take BIL private, using the pile of cash accumulated by Guoco after it sold its 71% stake in Hong Kong-based Dao Heng Bank to DBS Group Holdings Ltd. (D05.SG) for S$10 billion in 2001.
BIL, which was formerly known as Brierley Investments Ltd., is an investment holding company whose main asset is the U.K.-based Thistle hotel group.
www.dhsec.com /NewsDetail.asp?StoryID=e-20050714DN000402a3   (203 words)

  
 Channelnewsasia.com | Finance
It needs to deploy a lot of cash before the year is out.
I am referring here to its intention to pay out in the region of $2.5 billion to Quek Leng Chan's Guoco group for its effective 20 per cent of Hongkong's Dao Heng Bank.
DBS acquired Dao Heng for $10 billion last year, paying a hefty 3.2 times book value to fuel its Northeast Asian ambitions.
www.channelnewsasia.com /cna/finance/markets/021214mano2.htm   (581 words)

  
 ShareCast - News you can use
No firm proposal has been made yet, it added.
Benchmark's share register is dominated by life group Friends Provident and Malaysian businessman Quek Leng Chan, who between them own about 70% of the shares.
Derivatives specialist Cantor Fitzgerald also announced a stake of over 5% this week, but did not indicate whether it was to match a position of a client.
www.sharecast.com /cgi-bin/sharecast/story.cgi?story_id=163204&print=1   (140 words)

  
 Dao Heng Securities Limited
0915 [Dow Jones] Hotel Property Limited (H15.SG) +1.4% at $1.44 on just 5,000 shares, probably revived by hopes developer could be Quek Leng Chan's next takeover target, says trader; this in wake of Guoco Group's (0053.HK [News / Quote]) stake hike in BIL (B16.SG) Wednesday to over 30%.
Notes Quek, who holds 21.2% stake in HPL, has long interest in developer, may make move with recent passing of HPL founder Peter Fu.
But order book shows strong buy only at $1.41 with 500 bids, vs 47 offers at $1.44, suggesting most investors not keen on revisiting theme, given HPL's 15% surge since start of July.(CAW) Contact us in Singapore.
www.dhsec.com /NewsDetail.asp?StoryID=e-20050714DN015531cos   (149 words)

  
 Forbes.com: Southeast Asia's Richest 2004   (Site not responding. Last check: 2007-10-14)
Transformed Hong Leong Group Malaysia into one of Asia's leading financial conglomerates.
Recently upped stake in Hong Kong-listed Guoco Group, a leading real estate and financial services group.
Quek oversees the Malaysian operations while cousin and fellow billionaire Kwek oversees the Singaporean.
www.forbes.com /finance/lists/76/2004/LIR.jhtml?passListId=76&passYear=2004&passListType=Person&uniqueId=9163&datatype=Person   (303 words)

  
 Screenshots...: A sport   (Site not responding. Last check: 2007-10-14)
From Leela Barrock, citing Quek Leng Chan (The Edge, May 3, Pg 8).
Posted by jeffooi at May 3, 2005 05:30 AM
Posted by: art chan at May 4, 2005 09:15 AM
www.jeffooi.com /archives/2005/05/a_sport.php   (125 words)

  
 Malaysia? = CARI!!
The story of Hong Leong Group Malaysia is a manifestation of the Power of Vision.
The Vision of one man, the Executive Chairman Tan Sri Quek Leng Chan, was the seed of the foundation of the Group.
That Vision is now manifested and entrenched in the Group'
search3.cari.com.my /searchsystem/index.php?CatID=322&Sortname=&Page=2   (361 words)

  
 ABC News Online Forum   (Site not responding. Last check: 2007-10-14)
It has no expertise in actually running businesses.
Brieley's is a Singapore based company (although has got around the NZ ownership requirement for Air NZ through some paper company in NZ), and is controlled by Malaysian tycoon Quek Leng Chan through the Chamberlin Group.
Neither the NZ taxpayer or Government had an ownership interest in Air NZ.
www2b.abc.net.au /news/forum/forum42/posts/topic1126.shtm   (1274 words)

  
 Malaysia : Hong Leong may hive off two units - Textile Fashion News Fibre2Fashion   (Site not responding. Last check: 2007-10-14)
Malaysia : Hong Leong may hive off two units
Tan Sri Quek Leng Chan controlled HONG Leong Industries Bhd, may hive off two more non-core assets, to raise as much as RM350 million, sources said yesterday.
Hong Leong has earmarked its 33.7 per cent unit Malaysian Newsprint Industries (MNI) Sdn Bhd and MPI Polyester Industries Sdn Bhd for sale.
www.fibre2fashion.com /news/NewsDetails.asp?News_id=12428   (318 words)

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