Billionaire Syed Mokhtar AlBukhary is offering 2.9 billion ringgit ($714 million) to buy out the minority shareholders of MMC Corp., betting that the ports and energy conglomerate will sustain its ...

Syed Mokhtar Albukhary, a low-key billionaire and one of Malaysia’s richest and most influential tycoons, controls a vast business empire that reaches into nearly every aspect of Malaysian life.

Malaysian tycoon Syed Mokhtar Albukhary is conducting a strategic review of conglomerate DRB-Hicom Bhd., according to people with knowledge of the matter. The businessman is in talks with ...

With an estimated net worth of US$2.2 billion, Syed Mokhtar Albukhary (right) is Malaysia’s 11th richest individual. His daughter Sharifah Sofia Syed Mokhtar Shah holds directorship positions in a few ...

KUALA LUMPUR, Malaysia -- Businessman Syed Mokhtar Albukhary has received approval from Malaysia's central bank for the purchase of a pivotal 15.8% interest in DRB-Hicom Bhd., clearing the way for ...

KUALA LUMPUR, Malaysia -- A closely watched takeover bid for Malaysian government-linked conglomerate DRB-Hicom Bhd. has run into a potential regulatory snag. Businessman Syed Mokhtar Albukhary's ...

KUALA LUMPUR, Malaysia -- The Malaysian government declared businessman Syed Mokhtar Albukhary the preferred bidder for a pivotal 15.8% equity interest in conglomerate DRB-Hicom Bhd., apparently ...

KUALA LUMPUR, Malaysia -- A bidding war is shaping up between Malaysian tycoon Syed Mokhtar Albukhary and units of state rail companies from India and China for construction of a new multibillion ...

Syed Mokhtar Albukhary, a low-key billionaire and one of Malaysia’s richest and most influential tycoons, controls a vast business empire that reaches into nearly every aspect of Malaysian life.