Albukhary Group Of Companies
Malaysia has its own timber tycoon and sugar king.
Albukhary group of companies. The company was established on march 19 1984. The bulk of his wealth comes from stakes in listed conglomerates mmc corp. It operates in the management of companies and enterprises sector. One simple act of kindness that took place four decades ago marked the beginning of albukhary foundation s journey.
When syed mokhtar brought home his first salary of rm1 500 as a rice trader in 1974 his mother sharifah rokiah reminded him that while they lived a humble life there were others in the community who were poorer. The albukhary group of companies have come together via their respective businesses to assist efforts in combating covid 19 in the country. Company profile page for albukhary corp sdn bhd including stock price company news press releases executives board members and contact information. Albukhary said through its relationship with chinese automaker zhejiang geely holding group geely a strategic partner in proton holdings bhd the effort is further enhanced in sourcing medical equipment that are much needed by hospitals in malaysia.
Low profile syed mokhtar albukhary started as a rice trader after dropping out of high school. The rice king title however belongs to none other than tan sri syed mokhtar albukhary the only bumiputera in the top 10 of the malaysia s top 40 richest list. Is based in malaysia with the head office in kuala lumpur. Syed mokhtar albukhary s impressive list of assets includes power generation assets ports plantations auto assembly and distribution assets rice and sugar distribution and banks just to name a few.
While it is difficult to gauge his wealth in this first of a two part series kinibiz shines a spotlight on the tycoon s sprawling empire and looks at a breakdown of his assets. The group currently owns three newspapers new straits times berita harian and harian metro four free to air tv channels tv3 ntv7 8tv and tv9 and four radio stations fly fm hot fm one fm and kool fm.