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 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 ...

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 -- 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, 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 ...

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 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 -- 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 ...

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 ...

Malaysia tycoon Syed Mokhtar Al-Bukary plans to list some of his holding company MMC’s port assets next year in a $700 million IPO that could be Malaysia’s biggest since April 2015.