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 ...

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 ...

Syed Mokhtar Albukhary has put in an unsolicited proposal to buy a substantial portion of Permodalan Naasional Bhd's stake in property firm S P Setia Bhd, sources say. "Syed Mokhtar has proposed ...

Syed Mokhtar AlBukhary, an infrastructure tycoon who is the 8th richest in Malaysia, has recorded a wealth increase of US$1 billion since last year to US$2.3 billion. Syed began his career as a ...

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 ...

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 ...

Malaysian tycoon Syed Mokhtar Albukhary is seeking to combine his plantation assets with FGV Holdings Bhd. in a potential merger aimed at securing a stake in one of Malaysia’s biggest palm oil ...

PETALING JAYA: Billionaire Syed Mokhtar Albukhary has agreed to contribute RM30 million to help the government support poor padi farmers, says Prime Minister Anwar Ibrahim. Anwar said he had ...