#2532

Betty Ang

Philippines 71 years old Self-Made

Overview

Source of Wealth
foods
Residence
Manila
Education
Assumption College (Bachelor of Commerce)
Marital Status
Married
Children
6

Assets

  • Monde Nissin
    4,214,245,000 shares @ -
    -
    MONDE-PH

Biography

Betty Ang is the president and cofounder of Monde Nissin, one of the Philippines' largest food manufacturers.

Ang's husband, Hoediono Kweefanus, is the company's vice-chairman and also owns shares in Monde Nissin along with her.

Ang founded Monde Nissin in 1979 with her late father-in-law, Hidajat Darmono.

Monde Nissin debuted on the Philippines' bourse in June 2021, raising 55.9 billion pesos ($1.1 billion) in what was the country's biggest-ever IPO.

About

In February 2016 the company partnered with Indonesia's largest bread-products producer, Nippon Indosari, to begin operations in the Philippines.

Monde Nissin acquired U. K.-based Quorn for $831 million, aiming to expand global offerings.