#2905

David Kong

Malaysia 71 years old

Overview

Source of Wealth
Funeral services
Industry
Service
Residence
Kuala Lumpur

Assets

  • 7-Eleven Malaysia Holdings
    21,555,000 shares @ -
    -
    5250-MY
  • Gabungan AQRS
    4,094,000 shares @ -
    -
    5226-MY

Biography

David Kong, who also goes by Kong Hon Kong, founded Kuala Lumpur-based Nirvana Asia in 1990 and took it public in Hong Kong in 2014.

Asia's largest death-services provider by sales, it runs private cemeteries, columbarium facilities and funeral homes in Indonesia, Malaysia, Singapore, Thailand and Vietnam.

Kong took Nirvana Asia private in 2016 in a $1.1 billion deal with private equity firm CVC Capital Partners.

About

The third of ten children, Kong was born to a family of rubber tappers in Kuala Lipis in northern Malaysia.