Singapore Palm Oil Giant Wilmar Chairman Kuok Khoon Hong with $2.7 Billion Fortune Nephew Glenn Kuok & Mother Lee Yong Lah Buy Singapore Astrid Hill Good Class Bungalow for $36 Million, Lee Yong Lah Husband is Kuok Koon Seng Who is Brother of Kuok Khoon Hong, Their Uncle is Billionaire Robert Kuok Who Owns Kuok Group, Shangri-La Hotels & Resorts, Kerry Properties & Kerry Logistics
18th July 2024 | Hong Kong
Singapore palm oil giant Wilmar Chairman Kuok Khoon Hong ($2.7 billion fortune) nephew Glenn Kuok & mother Lee Yong Lah have bought a Singapore Astrid Hill Good Class Bungalow (GCB) for $36 million (S$45 million). Lee Yong Lah husband is Kuok Koon Seng, who is the brother of Kuok Khoon Hong. The Kuok family is one of the most successful business families in Southeast Asia. Their uncle is billionaire Robert Kuok (Malaysia, residing in Hong Kong), who owns Kuok Group, Shangri-La Hotels & Resorts, Kerry Properties & Kerry Logistics. Kuok Khoon Hong’s son Kuok Meng Ru, is the CEO of Caldecott Music Group (CMG, owns BandLab Technologies, NME Networks, and Vista Musical Instruments). Earlier in 2024 June, Singapore-listed palm oil giant Wilmar International (5/6/24: $14.7 billion market value) Chairman Kuok Khoon Hong has bought $2.2 million (S$3.08 million) of Wilmar shares via 4 holding companies (HPRY Holdings, Longhlin Asia, Hong Lee Holdings & Jaygar Holdings) at average price of $3.08 (total of 1 million shares). With the purchase, Kuok Khoon Hong Wilmar shareholding increased by 0.02% to 14.07%. Kuok Khoon Hong co-founded Wilmar in 1991, and is one of the richest man in Singapore and a billionaire with personal fortune at around $2.7 billion. Kuok Khoon Hong is the nephew of Malaysia tycoon and Hong Kong-based Robert Kuok with $12 billion fortune. Kuok Khoon Hong Profile – Mr Kuok Khoon Hong, 74, is the Chairman and Chief Executive Officer (“CEO”) of the Group. He has extensive experience in the agribusiness industry and has been involved in the grains, edible oils and oilseeds businesses since 1973. Mr Kuok is the Chairman of the Executive Committee and the Share Purchase Committee, and a member of the Nominating Committee, Risk Management Committee and Board Sustainability Committee. He holds directorships in other listed companies, namely Shree Renuka Sugars Limited, Yihai Kerry Arawana Holdings Co., Ltd and Adani Wilmar Limited. Mr Kuok is also a Director of Perennial Holdings Private Limited and Perennial Group Private Limited. He graduated from the then University of Singapore with a Bachelor of Business Administration degree. Mr Kuok was appointed to the Wilmar Board and as Chairman on 24 March 2006 and 14 July 2006, respectively. He was last re-elected on 19 April 2024. Wilmar Profile – Wilmar International Limited, founded in 1991 and headquartered in Singapore, is today Asia’s leading agribusiness group. Wilmar is ranked amongst the largest listed companies by market capitalisation on the Singapore Exchange. Wilmar’s business activities include oil palm cultivation, oilseed crushing, edible oils refining, flour and rice milling, sugar milling and refining, manufacturing of consumer products, ready-to-eat meals, central kitchen products, specialty fats, oleochemicals, biodiesel and fertilisers as well as food park operations.
“ Singapore Palm Oil Giant Wilmar Chairman Kuok Khoon Hong with $2.7 Billion Fortune Nephew Glenn Kuok & Mother Lee Yong Lah Buy Singapore Astrid Hill Good Class Bungalow for $36 Million, Lee Yong Lah Husband is Kuok Koon Seng Who is Brother of Kuok Khoon Hong, Their Uncle is Billionaire Robert Kuok Who Owns Kuok Group, Shangri-La Hotels & Resorts, Kerry Properties & Kerry Logistics “
Singapore-Listed $14.7 Billion Palm Oil Giant Wilmar International Chairman Kuok Khoon Hong Buys $2.2 Million of Wilmar Shares via 4 Holding Companies HPRY Holdings, Longhlin Asia, Hong Lee Holdings & Jaygar Holdings, Kuok Khoon Hong Wilmar Shareholding Increased by 0.02% to 14.07%, Kuok Khoon Hong Co-founded Wilmar in 1991, Billionaire with Personal Fortune at Around $2.7 Billion, Nephew of Robert Kuok with $12 Billion Fortune
6th June 2024 – Singapore-listed palm oil giant Wilmar International (5/6/24: $14.7 billion market value) Chairman Kuok Khoon Hong has bought $2.2 million (S$3.08 million) of Wilmar shares via 4 holding companies (HPRY Holdings, Longhlin Asia, Hong Lee Holdings & Jaygar Holdings) at average price of $3.08 (total of 1 million shares). With the purchase, Kuok Khoon Hong Wilmar shareholding increased by 0.02% to 14.07%. Kuok Khoon Hong co-founded Wilmar in 1991, and is one of the richest man in Singapore and a billionaire with personal fortune at around $2.7 billion. Kuok Khoon Hong is the nephew of Malaysia tycoon and Hong Kong-based Robert Kuok with $12 billion fortune. Kuok Khoon Hong Profile – Mr Kuok Khoon Hong, 74, is the Chairman and Chief Executive Officer (“CEO”) of the Group. He has extensive experience in the agribusiness industry and has been involved in the grains, edible oils and oilseeds businesses since 1973. Mr Kuok is the Chairman of the Executive Committee and the Share Purchase Committee, and a member of the Nominating Committee, Risk Management Committee and Board Sustainability Committee. He holds directorships in other listed companies, namely Shree Renuka Sugars Limited, Yihai Kerry Arawana Holdings Co., Ltd and Adani Wilmar Limited. Mr Kuok is also a Director of Perennial Holdings Private Limited and Perennial Group Private Limited. He graduated from the then University of Singapore with a Bachelor of Business Administration degree. Mr Kuok was appointed to the Wilmar Board and as Chairman on 24 March 2006 and 14 July 2006, respectively. He was last re-elected on 19 April 2024. Wilmar Profile – Wilmar International Limited, founded in 1991 and headquartered in Singapore, is today Asia’s leading agribusiness group. Wilmar is ranked amongst the largest listed companies by market capitalisation on the Singapore Exchange. Wilmar’s business activities include oil palm cultivation, oilseed crushing, edible oils refining, flour and rice milling, sugar milling and refining, manufacturing of consumer products, ready-to-eat meals, central kitchen products, specialty fats, oleochemicals, biodiesel and fertilisers as well as food park operations.
Kuok Khoon Hong Profile – Mr Kuok Khoon Hong, 74, is the Chairman and Chief Executive Officer (“CEO”) of the Group. He has extensive experience in the agribusiness industry and has been involved in the grains, edible oils and oilseeds businesses since 1973. Mr Kuok is the Chairman of the Executive Committee and the Share Purchase Committee, and a member of the Nominating Committee, Risk Management Committee and Board Sustainability Committee. He holds directorships in other listed companies, namely Shree Renuka Sugars Limited, Yihai Kerry Arawana Holdings Co., Ltd and Adani Wilmar Limited. Mr Kuok is also a Director of Perennial Holdings Private Limited and Perennial Group Private Limited. He graduated from the then University of Singapore with a Bachelor of Business Administration degree. Mr Kuok was appointed to the Wilmar Board and as Chairman on 24 March 2006 and 14 July 2006, respectively. He was last re-elected on 19 April 2024.
Wilmar Profile – Wilmar International Limited, founded in 1991 and headquartered in Singapore, is today Asia’s leading agribusiness group. Wilmar is ranked amongst the largest listed companies by market capitalisation on the Singapore Exchange. Wilmar’s business activities include oil palm cultivation, oilseed crushing, edible oils refining, flour and rice milling, sugar milling and refining, manufacturing of consumer products, ready-to-eat meals, central kitchen products, specialty fats, oleochemicals, biodiesel and fertilisers as well as food park operations.
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