Lau Cho Kun
$1.5B
Born
Jan 10, 1936
Age
89
Source of Wealth
Palm oil, property
Residence
Tawau, Sabah ,
Citizenship
Malaysia
Marital Status
Married
Children
1
Education
- Lau Cho Kun is the largest shareholder in Hap Seng Consolidated, through holding company Gek Poh and investment arm Lei Shing Hong.
- The diversified firm's interests include financial services, plantations and property.
- Its plantation division is one of the largest producers of palm oil in Sabah, East Malaysia.
- Hap Seng Consolidated has been operating Mercedes-Benz dealerships in Malaysia since 1969.
- Privately held Hong Kong-based Lei Shing Hong runs Mercedes-Benz dealerships in Asia and Europe.
- Yaw Chee Ming, CEO of Samling Strategic, a fellow rich lister, is his son-in-law.
- Lau is the nephew of Lau Gek Poh, the late founder of Gek Poh Holdings.
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