#2489
Lau Cho Kun
Malaysia 90 years old
Overview
- Source of Wealth
- Palm oil, property
- Industry
- Diversified
- Residence
- Tawau, Sabah
- Marital Status
- Married
- Children
- 1
Assets
- Borneo Oil Bhd.655,308,000 shares @ --7036-MY
- Hap Seng Consolidated Bhd873,297,000 shares @ --3034-MY
Biography
Lau Cho Kun is the largest shareholder in Hap Seng Consolidated, through holding company Gek Poh and investment arm Lei Shing Hong.
The diversified firm's interests include financial services, plantations and property.
Its plantation division is one of the largest producers of palm oil in Sabah, East Malaysia.
Hap Seng Consolidated has been operating Mercedes-Benz dealerships in Malaysia since 1969.
Privately held Hong Kong-based Lei Shing Hong runs Mercedes-Benz dealerships in Asia and Europe.
About
Yaw Chee Ming, CEO of Samling Strategic, a fellow rich lister, is his son-in-law.
Lau is the nephew of Lau Gek Poh, the late founder of Gek Poh Holdings.