Tan Sri Quek Leng Chan (simplified Chinese: 郭令灿; traditional Chinese: 郭令燦; pinyin: Guō Lìng Càn; born 1941) is a Malaysiantycoon who co-founded Hong Leong Group Malaysia. He is one of the richest men in Malaysia with an estimated net worth of US$2.9 billion according to Forbes in 2007.
Quek Leng Chan studied in Victoria School in Singapore and is qualified as a Barrister-at-Law from Middle Temple, United Kingdom. He has extensive business experience in various sectors, including financial services, manufacturing and real estate. He is the Chairman & Chief Executive Officer of Hong Leong Company (Malaysia) Berhad (“HLCM”), Executive Chairman of Hong Leong Industries Berhad (“HLI”), Hume Industries (Malaysia) Berhad (“HIMB”), Hong Leong Financial Group Berhad, GuocoLand (Malaysia) Berhad, Camerlin Group Berhad and Chairman of Hong Leong Bank Berhad, HLG Capital Berhad (“HLG”), Hong Leong Assurance Berhad, Hong Leong Islamic Bank Berhad and Hong Leong Foundation (“HLF”).
Quek oversees the Malaysian operations of the Hong Leong Group while his cousin and fellow billionaire Kwek Leng Beng oversees the Singapore operations.
Quek Leng Chan net worth: Quek Leng Chan is a Malaysian tycoon who has a net worth of $5 billion. Quek Leng Chan is the co-founder of Malaysia-based Hong Leong Group. Quek Leng Chanheads leads the conglomerate and gets the biggest part of his net worth from his equity stake. His attempt to take the company private in a $1.1 billion deal wasn’t successful as shareholders chose to ask for a better price for the investment banking arm Hong Leong. Apart from Guoco, which controls 14 listed companies, Leng Chan’s other interests include financial services, property development and hotels across Southeast Asia. Furthermore, he holds a controlling share of massive Hong Leong Group with his Singaporean cousin, Kwek Leng Beng, and Kwek’s family. Quek supervises the Malaysian operations of the group, whereas his cousin and fellow billionaire Kwek is responsible for the operations in Singapore. Apart from the above, he also inherited a fortune from his wealthy father, heritage that he shared with his two brothers.
Source: