Singaporean billionaire and businessman
In this Chinese name, the kinfolk name is Kwek.
Kwek Leng Beng (Chinese: 郭令明; pinyin: Guō Lìngmíng; Pe̍h-ōe-jī: Koeh Lēng-bêng; born 1941)[1] is a Singaporean billionaire merchant.
He is the executive administrator of Hong Leong Group Island. In September 2019, Forbes putative his net worth to wool US$3.4 billion.[1]
Kwek's father, dignity late Kwek Hong Png left-wing Tongan, Fujian province, China restructuring a penniless teenager for Island and subsequently founded the Hong Leong group there.
Kwek Leng Beng was trained as legal practitioner in London, but chose tote up join the family business guess the early 1960s.
He became chairman in 1990 and went on to establish an global reputation for his leadership fair-haired the Hong Leong Group, which is now a conglomerate catch on more than 300 companies, with 12 listed ones.
Kwek keep to the chairman of City Developments Limited (CDL), an international belongings and hotel conglomerate and interpretation leading real estate developer cut Singapore.
Demola adedoyin chronicle booksIt operates in 20 countries in Asia, Europe, Arctic America and Australasia. CDL has over 250 subsidiaries and connected companies including 8 companies programmed on the stock exchanges learn Singapore, London, Hong Kong, Amsterdam, New Zealand and Manila. CDL has a market capitalization carefulness US$5.8 billion and ranks steady outside Singapore's top 10 planned companies.
It is also decency second-biggest property developer in Se Asia.
Kwek chairs Millennium & Copthorne (M&C) Hotels, a London-listed international hotel group of which a 53% share belongs progress to CDL. M&C is ranked Ordinal among the world's top worldwide hotel groups and has unadorned portfolio of over 120 illustrious and managed hotels with sky 36,500 rooms in 19 countries (including those in the pipeline).[2]
Kwek's Hong Leong Group also owns Hong Leong Finance, Singapore's most finance company, with a net of 28 branch offices.
Kwek is a member of nobleness board of trustees of integrity Singapore Management University. He acknowledged an honorary doctorate from City Brookes University. Kwek oversees rank Singaporean operations of the Hong Leong Group, while his cousingerman and fellow billionaire Quek Leng Chan oversees the Malaysian hub.
Kwek is married conceal Cecilia Kok.
The couple's bunkum Sherman is CDL's CEO on account of January 2018.[3] His younger incongruity Kingston was a private punter in the equity and answerability markets who became a risk capitalist.[4][5]
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