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 ...

Jeffrey Cheah, Quek Leng Chan, and Syed Mokhtar AlBukhary—three Malaysian tycoons in property, finance, and infrastructure—recorded the biggest wealth gains among the country’s richest over ...

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

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 ...

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.

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 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 ...

Businessman Syed Mokhtar Albukhary's plan to acquire a pivotal 15.8% stake in DRB-Hicom, a troubled company partly owned by government investment concerns, has been delayed by fresh conditions ...

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.