The Company owns and operates the largest integrated gaming and entertainment resort in the Mekong Region. How did Chen Lip Keong get involved in Cambodia’s casino industry?3. When Chen Lip Keong won Cambodia's first casino license in 1994, he had hardly. His fortune stems from his interests in resorts, property and energy. His net worth is US$2. The husband-and-wife duo of Stanley Thai and Cheryl Tan of Supermax (No 45) saw the biggest. Net worth: $5. Philanthropist billionaire (Forbes 2019 USD 5. KUALA LUMPUR: Ipoh-born Tan Sri Dr Chen Lip Keong is no stranger to the business world. 03-05-1974 No APC YEAR APC NO Place of Practice (Principle). HK increased its holdings of 734000 shares at an average price of HK $6. Chen Lip Keong, founder of NagaCorp, was classified as the 7th richest individual in the nation, with a net worth of $2. Industry: casinos, property, energy. It has boosted the GDP of the nation by bringing in foreign direct investments as well as tourism. View the profiles of people named Chen Lip Keong. NagaCorp founder Chen Lip Keong sees uptick in his net worth to $2. 7% in 2022 on the back of a rebound in domestic consumer spending, Malaysia’s. Chen Lip Keong boosted three of his sons’ positions with the company, making all three co-CEOs. AGB PODCASTS. Its casino operations suffered because of COVID-19. 8 billion. Bhd. Tan Sri Chen Lip Keong. Chen Lip Keong, President and CEO of the NAGA Corporation បរិច្ចាគថវិកា ១លានដុល្លារ. 05 October 2006. Among the latter group was casino mogul Chen Lip Keong, who moved into the top five for the first time at No. 9 with US$3. In the US alone, the current size of the gambling industry is bn and is expected to grow in value to over bn by 2024. Chen Lip Keong, the chief executive of NagaCorp has personally contributed more than 15 million dollars to purchase and acquire vaccinations for the country. Chen Win Keong (PN) P121 Lembah Pantai. 2006 and 2010 Commonwealth Games silver medalist; wife to Lee Chong Wei as of 2012; Cheah Soon Kit – former world no. He is the sole owner of NagaWorld, which is Indochina’s most extensive casino and resort complex. Goh Tong and his wife Lee had six children — three girls and three boys — namely Lim Siew Lay, Lim Siew Lian, Lim Siew Kim, Tee Keong, Kok Thay and Datuk Lim Chee Wah. 8 billion. When Chen Lip Keong won Cambodia’s first casino license in 1994, he had hardly ever stepped inside a casino. 8 billion. 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. No: Date of change: No of securities. Chen Lip Keong, President and CEO of the NAGA Corporation បរិច្ចាគថវិកា ១លានដុល្លារ. human. But both men saw their wealth down by double digits of percent in the past 12 months: Mr. "I like the entrepreneurial spirit behind the development," Chen says. FACB Industries Incorporated Berhad Announces the Re-Designation of Chen Yiy Fon. NOMINATION COMMITTEE. It comes with a guaranteed monopoly until 2035 and is the largest casino resort in that region. 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 boosted three of his sons’ positions with the company, making all three co-CEOs. NagaCorp Ltd. - FACB Industries Incorporated Berhad. She is a director of STDM, SJM Holdings’ majority shareholder, and holds one of STDM’s largest personal equity stakes. Chen Lip Keong Net Worth 2023 and insider trades. Chen Lip Keong, who founded NagaWorld’s parent company NagaCorp in 1995 and has a Forbes-estimated net worth of $4. Chen Lip Keong Partner. ) Jobs. Dr Chen is the founder, controlling shareholder, chief executive officer, and a member of the Remuneration Committee, the Nomination Committee and the AML Oversight Committee of the Board. 3 billion. Among the hardest hit were casino moguls Chen Lip Keong (No. The Founder, Controlling Shareholder and CEO of NagaCorp, Dr Chen Lip Keong, has transferred a controlling stake in the company to his family trust. 1. 11, US$2. 5,680 executive movements have been. His worth has been previously estimated by Forbes magazine. 8 billion. Tan Sri Dr Chen Lip Keong 執行董事、創辦人、控股股東兼高級行政總裁. Bhd. He is the founder and chairman of NagaCorp Ltd. $315 M. 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. He is also the man who controls more than half of NagaWorld complex (listed in Hong Kong in 2006), which is currently the largest. 1. Chen Lip Keong. NagaCorp Company Stats. Tan Lip Chen is on Facebook. NagaCorp Ltd. 5 billion)," reported Forbes Asia. 3 billion, Malaysia's 4th richest man ) Tan Sri Dato' Dr Chen Lip Keong, has rallied to the aid of the Royal Government of Cambodia with a contribution of a whopping $5 million for the procurement of COVID-19 vaccines for the Cambodian people. Chen Lip Keong, the founder and CEO of gaming. The dramatic events marked the latest escalation in a strike that has resulted in the arrest of 30 people, nine of whom have been charged with “incitement to commit a felony”, since it began. 49. 05 October 2006 Get premium, high resolution news photos at Getty ImagesThe lender is ChenLipKeong Capital Ltd, a private limited company incorporated in the Cayman Islands. Some industry observers question the scale of Naga3, adding some 3,500 guest rooms, 700 tables and 2,000 gaming machines. Chen Lip Keong - businessman and casino owner of NagaWorld. The first and only integrated resort in Phnom Penh, Cambodia, NagaWorld is owned by Malaysian billionaire Tan Sri Chen Lip Keong. 8 billion. Malaysian casino tycoons Dr Chen Lip Keong and Tan Sri Lim Kok Thay saw their wealth fall over the past 12 months, although both still managed to climb higher on the Forbes list of Malaysia’s Richest 50 for 2022. 5 billion). Under the re-designation, Dr Chen’s position will change from CEO to Senior CEO, effective immediately. Il a obtenu la nationalité cambodgienne en octobre de l’année dernière. 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. 55 billion). Lip Keong Chen - Executive President - FACB Industries Incorporated; Industry Colleagues. The magazine, which calculates the wealth of individuals using company data, published a list of the 50 richest Malaysians in its March edition. . 7 billion), T. Some industry observers question the scale of Naga3, adding some 3,500 guest rooms, 700 tables and 2,000 gaming machines. Malah, Stuart diberikan kebebasan untuk merekabentuk dan membina sesuka hatinya. At FACB Industries Incorporated, Chou Sarn Lee has 8 colleagues including Lip Keong Chen (President), Kassim bin Ahmed (Chairman of the Board). 1. 9k. This medical doctor-turned- casino tycoon takes the number 7 spot for Malaysia’s richest people. 8 billion. The city would bo located in south of Kuala Lumpur and within the socalled “multimedia super corridor (MSC), newsagency quoted Chen assaying. BACHELOR OF MEDICINE AND BACHELOR OF SURGERY Graduated of. Dr Seet Lip Chai Dr Seet Lucy Dr Si Hoe Sing Yin Dr Sinnathamby Thilagapathy Jeyaranee. The founder and current CEO of gaming operator NagaCorp. Chen, among Malaysia’s top 10 wealthiest and worth more than $5 billion according to Forbes,. 20 Chen Lip Keong CEO and Executive Director NagaCorp. Chen Lip Keong, the billionaire owner of NagaCorp, a Hong Kong-listed casino resort company, is staying the course with a $300 million Russian project. Among the hardest hit were casino moguls Chen Lip Keong (No. AGB PODCASTS. Booming growth at his Cambodian casino complex helped push Chen's net. Chen is known for founding the NagaWorld casino in. With the wife using chit-chat to distract employees the ground floor. Tan. $3. Dr Ong Gek Kim Sharon . He'd been to Malaysia's Genting Highlands once on a date in the 1970s and visited Las Vegas once as a tourist. Wong and his wife, Ann Pin Lim, also own a farm in. Chen is the chief executive officer and founder of Hong Kong listed. His firm is continuing with plans to invest $300 million in a casino resort called Naga Vladivostok in. 4 billion), Tan Sri Lau Cho Kun (Hap Seng Consolidated Bhd,. 5. | Advanced search Log in. Tan Sri Dr. What is the salary of Dr Chen? As the Founder and CEO & Exec. 7 billion Image Credit: Forbes. The three are sons of the founder Chen Lip Keong, who is being redesignated as “senior chief executive” with effect from Tuesday (April 5) . sex or gender. 32 billion or 92. Ling Chiong Ho & siblings. He listed the company in Hong Kong in 2006 after Singapore rejected the listing, and the stock price has been climbing ever. 50. Chen credits his own success to his father and “best mentor,” Dr. Tan Sri Chen Lip Keong, CEO of NagaCorp and a businessman with an estimated net worth of US$2. Cambodia 💞 Malaysia 💞Thank you so much Dr. 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. 1995: Chen Lip Keong; 1995: Clifford Francis Herbert; 1995: Devaki Ayathurai Krishnan; 1995: Halim Saad;Berdasarkan perincian yang dikeluarkan oleh Forbes pada 9 Jun 2022, ini 10 senarai kumpulan manusia paling kaya di Malaysia bagi tahun 2022; Tan Sri Robert Kuok – Pengasa Kuok Group. 4 billion) and Lim Kok Thay (No. In a. Chen Lip Keong has simplified the shareholding structure of his stake in the group for succession planning purposes. US$2. He is the group CEO of aluminium company, Press Metal. 6) Lee Yeow Chor dan Yeow Seng; USD4. Chen Lip Keong and Puan Sri Lee Chou Sarn. It comes with a guaranteed monopoly until 2035 and is the largest casino resort in that region. Dr. 3 billion. Dr Chen is also a director of several wholly. How did Chen Lip Keong become a billionaire?2. 62% stake in Karambunai and 523. , NagaCorp Ltd. 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. 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. 14% of the company’s shares as at the close of his unconditional voluntary takeover offer today. But Kok Thay and his younger brother Chee Wah are at odds with the family of the late Tee Keong, who passed away a bankrupt in April 2014. The reporters didn’t find any evidence of wrongdoing. The remaining five richest Malaysians are Tan Sri Chen Lip Keong (NagaCorp Ltd, US$5 billion), Tan Sri Lim Kok Thay (Genting Bhd, US$4. 54 billion shares or 23. Lim Kok Thay, chairman of the Genting Group, and Dr Chen Lip Keong of the Naga. Lucky Larrys Lobstermania 2. Having invested all of his and his wife’s savings of RM180,000 into the company, Top Glove has since emerged as the. The award recipient receives the title Tun and his wife Toh Puan. Chen Lip Keong has simplified the shareholding structure of his stake in the group for succession planning. Photo: Facebook. Net worth: USD 2. 6 billion (RM10. Dr Ching Chi Keong Dr Chio Han Sin Roy Dr Chio Tze-Wei Martin Dr Chiong Peck Koon GabrielChen Lip Keong; $5 billion; Lim Kok Thay; $4. A screengrab from a video showing a man identified by unionists as Chen Yiy Hwuan, son of NagaCorp senior CEO Chen Lip Keong, throwing the phone of a striking employee to the ground outside NagaWorld casino on September 30, 2022. 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. He is a qualified medical doctor. CEng No. 1 reference. Visit myFOCUS to see your saved articles and the topics you follow, and to update your profile. The Cambodian casino group he founded, NagaCorp, raked in profits as gambling revenue soared. NagaCorp founder Chen Lip Keong sees uptick in his net worth to $2. Chen Lip Keong. 11, US$2. In the Metal industry, Chou Sarn Lee has 13,219 colleagues in 1,035 companies located in 67 countries. 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. 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. According to the latest equity disclosure information of the Stock Exchange, 03918. KARAMBUNAI Corp Bhd’s controlling shareholder, Tan Sri Dr Chen Lip Keong, has tabled a 11 sen cash offer to take the company private. Dr Lim Hua Ling Evangeline. Chen Lip Keong）是马来西亚十大富豪之一，金界控股（Nagacorp）创办人兼总执行长。相比起大马其他富豪，在柬埔寨起家的丹斯里曾立强显得十分低调。 1993年联合国监督选举后，柬埔寨新政府开放了赌场牌照登记。丹斯里曾立强在获得执照后於1995年. 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. The Nomination Committee currently consists of two executive directors, namely, Tan Sri Dr Chen Lip Keong and Mr. Jump to navigation Jump to search. Chen Lip Keong possesses a casino license that is valid until 2065 and is. In Forbes’ 36th annual World’s Billionaires List, the magazine estimated Chen’s net worth to be US$2. [2] Early life and education Nan Cunhui Net Worth, Age, Height, Weight, Wife, Wiki, Family Chen Lip Keong Net Worth and Salary 2023 What is the Networth of Chen Lip Keong? What is the income source of Chen Lip Keong? We all know that is it almost impossible to say someone's total asset and how much he or she earns every month. 7 billion The list was compiled using information from analysts, government agencies, the individuals, private databases, stock exchanges and. According to the latest equity disclosure information of the Stock Exchange, 03918. Chen Lip Keong, the billionaire founder of NagaCorp, a Hong Kong-listed gaming and hospitality company that owns and operates Cambodia’s NagaWorld integrated casino resort, is staying the course with plans to build in Russia’s Vladivostok. Justin Leong in 2007. Craig Smith. 32 billion;L’homme d’affaires malaisien d'origine chinoise Chen Lip Keong est le fondateur et l’actionnaire majoritaire de Naga Corp. 8 billion. 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. 6 billion; Kuan Kam Hon; $2. Residence Kuala Lumpur Citizenship Malaysia Marital Status Dr Chen is married to Puan Sri Lee Chou Sarn Children The couple has 3 sones, Chen Yiy Hwuan, Chen Yepern and Chen Yiy Fon. Chen” Tan Sri Dr. In a filing with Bursa Malaysia yesterday, Petaling Tin said save for the extended closing. Dr. Nor is he a stranger to controversy. DATO’ SRI TAN KONG HAN. 55 billion or about RM10. After rising 8. Chen Lip Keong is the founder and CEO of NagaCorp Ltd. He’s. 2006 and 2010 Commonwealth Games silver medalist; wife to Lee Chong Wei as of 2012; Cheah Soon Kit – former world no. Under the re-designation, Dr Chen’s position will change from CEO to Senior CEO, effective immediately, although the company said he will. See more#1067 Billionaires (2023) Personal Stats Age 76 Source of Wealth Casinos, property, energy, Self Made Residence Phnom Penh, Cambodia Citizenship Malaysia Marital Status Married Children 3. Chen Lip Kyung-$2. Lau died in april 2008 at the age of 92. S. 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. Returning to the top of the list, Piyush Gupta is the highest-paid CEO of SGX-listed companies for 2021. Mr Chen Yiy Fon is the son of Tan Sri Dr. appointed three new chief executives, all sons of founder Chen Lip Keong, who now holds the title of senior chief executive. 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. Chen Lip Keong is an ethnic Chinese Malaysian businessman who is currently the 6th most richest person in the whole country of Malaysia. 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. 21046 Date of Full Registration. Net Worth: $330 mil. Shrinking by more than two-thirds to US$340 million, husband and wife duo Stanley Thai and Cheryl Tan of Supermax (No. Mr Chen is the controlling shareholder and senior chief executive of NagaCorp. 4 billion) and Tan Sri Lim Kok Thay (at No. “The question arises of his connections to Dr Chen Lip Keong and NagaWorld via a coterie of corrupt Cambodian officials. 55 billion). 6bil) 9. Tan Sri Dr. Chen Lip Keong (曾立强) born 22 July 1948, is a Malaysian businessman who is currently the 9th richest person in Malaysia. 3 billion) 8. The Chen Lip Keong net worth and salary figures above have been reported from a number of credible sources and websites. A property in a poor country like Cambodia with steady appeal to Chinese gamblers should be in dire straits, caught in a pincer between coronavirus transmission in a nation with limited medical resources and Beijing’s threats to Chinese gamblers and casinos that host them. Reclusive businessman Chen back in local limelight. H. In the Casinos industry, Lip Keong Chen has 4,012 colleagues in 186 companies located in 35 countries. NagaCorp was founded by Lip Keong Chen in 1995 and is headquartered in Hong Kong. Chen (pictured, centre) is unlike other billionaire businessmen in Malaysia. Casino operator NagaCorp on Tuesday announced a shake-up of its senior level management, which sees the chief executive role helmed by Dr. 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. 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. 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. 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. Tan Sri Dr Chen Lip Keong image credit: Casino. Reclusive businessman Chen back in local limelight. In the Metal industry, Chou Sarn Lee has 13,219 colleagues in 1,035 companies located in 67 countries. 3 MILLION SHARES IN CO ON 31 OCTOBER 2018 FOR ABOUT HK$16. Mr. 8162 million, according to APP. Chen Lip Keong. B. 8 billion. 4 Billion With a net worth of $2. Chen has since built Naga2, a twin. In April 2009, Koh. Net Worth: $365 mil. 7. Find out who lives near you with our celebrity finder. Tan Sri Dr. Bhd and others for MYR 91. The capital involved is about HK. In a video posted on Oct. . Michael Lai Kai Jin. (LRSU/Mam Sovathen) A son of casino firm NagaCorp’s billionaire senior CEO has been accused by unionists of. 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. Chen Lip Keong is a Malaysian billionaire who has a net worth of $1 billion. 4 billion), Tan Sri Chen Lip Keong. Net worth: USD5. Already the largest casino in Cambodia is controlled by foreigner Chen Lip Keong, one of the richest men in Malaysia. There are 1 executives at NagaCorp getting paid more, with Lip Keong Chen having the highest compensation of $31,205,000. Chen Lip. Dr Chen’s main source of wealth comes from his gaming business. Tan Sri Lau Cho KunChen Lip Keong; US$2. Related by education: University of Malaya. , City Walk,. Complexul NagaWorld, deținut de Chen Lip Keong, este cel mai mare din Cambodgia. Notably Chen, who has a medical degree from Universiti Malaya, had a stint as a general practitioner before beginning his business. ”. 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 Times. $320 M. Tho project would commercial space, buildings arid infrastructure to spur a multimedia and information technology industry, FACE president and chief executive Chen Lip Keong said. org. 7 billion, and he amassed this fortune through his involvement in the gaming sector. Gamble on warrantsTHE takeover offer for Karambunai Corp Bhd (KCB) has received positive response. 9 billion. More on Chen Lip Keong. With the wife using chit-chat to distract employees the ground floor. Booming growth at Chen’s NagaWorld casino complex in Cambodia, prior to the. E Tan Sri Datuk Dr. The capital involved is about HK $7. English Wikipedia. Dengan harta mencapai US$ 3,3 miliar, pria 70 tahun ini duduk di peringkat ketujuh orang paling kaya di Negeri Jiran. Chia Song Kun; US$1. Chen Lip Keong is the founder of gaming company NagaCorp, which holds a gambling monopoly in Phnom Penh, Cambodia. 1196, chen lip keong · malaysia, 2. Lip Keong Chen is Senior CEO/Executive Director/Founder at Nagacorp Ltd. Overview. 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. His career began as a general practitioner medical doctor. Dozens of workers were arrested and at least 11 were charged. Steven Siaw Kok Tong. Chen Lip Keong’s fortune is estimated to be over $2. When Chen Lip Keong won Cambodia's first casino license in 1994, he had hardly ever stepped inside a casino. 4 billion; Lau Cho Kun; $3. $1 Billion. 5bil). Read Also:- Kalidou Koulibaly Wife SINGAPORE – Robert Kuok retains his position at the top of the 2023 Forbes List of Malaysia's 50 Richest. 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. Chen Lip Keong. 7 billion. History Supreme digelarkan sebagai "kapal layar paling mahal di dunia", bernilai RM20 bilion. Hong Kong-listed NagaCorp said its founder Dr. 2 billion, nearly flat from a year ago. The three are sons of the founder Chen Lip Keong, who is being redesignated as “senior chief executive” with effect from Tuesday (April 5) . 4. Chen Lip Keong. 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. 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. HK increased its holdings of 392000 shares at an average price of HK $6. And founder of NagaCorp Chen Lip Keong at the IPO press conference at Island Shangri-la, Admiralty. Chen Lip Keong, founder of NagaCorp, was classified as the 7th richest individual in the nation, with a net worth of $2. There are 1 older and 10 younger executives. Tan Sri Koon Poh Keong and his siblings, who control aluminum giant Press Metal, remained in third position with US$6. Tan Sri Dr Chen Lip Keong. 6133 per share by Chen Lip Keong on September 23, 2021, according to the latest equity disclosure information of the Stock Exchange, APP learned. At 11:26am, Pet. Chen Lip Keong. 2 billion. 23 in the operator of Cambodia’s NagaWorld, directly and indirectly, through a series of foundations and holding companies. 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. and Genting Hong Kong, is being groomed to succeed his father, according to Gerard. 121 million, according to APP. Chen Lip Keong ( simplified Chinese: 曾立强; born 22 July 1948) is a Malaysian businessman with interests in integrated resorts, property and energy. , Fourth. . Lim Kok Thay, 71, is number 1,312 with a net worth of US$2. Bhd. Chen Lip Keong began his illustrious journey fairly modestly. 7% in 2022 on the back of a rebound in domestic consumer spending, Malaysia’s. HK increased its holdings of 610000 shares at an average price of HK $6. Bhd announced retirement of Tan Sri Tan Sri Dr. 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. 7 billion, and he amassed this fortune through his involvement in the gaming sector. Chen Lip Keong is the man behind NagaWorld, the casino license holder in Phnom Penh, the capital of Cambodia. Chen owns 69. Chief Financial Officer. NagaCorp founder Chen Lip Keong is ratcheting up succession plans for his casino company as business rebounds from the pandemic. The capital involved is about. 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. 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. Under Chen Lip Keong’s leadership, the company has experienced remarkable growth and success, establishing itself as a major player in the Asian gaming industry. This medical doctor-turned- casino tycoon takes the number 7 spot for Malaysia’s richest people. In 2022, Chen is the 7th richest. Chen Lip Keong’s NagaWorld integrated resort in Phnom Penh has been under the day-to-day management of a triumvirate of co-CEO sons for well over a year, but there is little visibility on how the company will fare as the old man of Cambodian gaming slips further into the. Malaysian billionaire and businessman. 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. Dr Chen is the founder, controlling shareh older and a member of the Remuneration Committee, the Nomination Committee and the AML Oversight Committee of the Board. He and his brothers started the company by pooling USD50,000 together to start an aluminium-extruding company in Puchong, Selangor. Dr Chen is also a director of several wholly-owned. NagaWorld is the largest casino resort in Indochina. Chen Lip Keong. Age: 72. Chen Lip Keong. Chen Lip Kyung-$2. He is also the man who controls more than half of NagaWorld complex (listed in Hong Kong in 2006), which is currently the largest casino in Cambodia with a $370 million project, adding a glass-enclosed city walk and tourist garden.