Corporate Princess 5 : Kuok Hui Kwong & Robert Kuok succession planning 郭鹤年女儿郭惠光及新人事部署
Robert Kuok, richest man in Malaysia, at age 90, still have a daughter age 35 .
Actually, Kuok Hui Kwong is daughter of Robert Kuok second wife. He remarried after his first wife pass away.
Ms. Kuok, affectionately in the newsroom as "Baby" Kuok at one point, received her undergraduate degree BA, East Asian Studies from Harvard University. She worked as an analyst in the investment banking unit of JP Morgan.
Kuok Hui Kwong started as financial journalist in South China Morning Post Publishers Ltd and become Executive Director of South China Morning Post Publishers Ltd in 2003. Kuok Hui Kwong become CEO of SCMP Group Ltd in 2009.
She has been a Non-Executive Director at The Post Publishing Public Company Limited which published Bangkok Post since November 9, 2012 and served as its Director since March 27, 2009 until July 20, 2012.
Kuok Hui Kwong resigned as CEO and Managing Director of SCMP Group Ltd in 2012. Robin Hu appointed as CEO of SCMP Group Ltd replacing Kuok Hui Kwong position. Ms Kuok remain as Executive Director. Many speculation on her re-designation at that point as it is co-incident with protest of SCMP Group Ltd self-censorship policy. Although Kuok says his news executives publish without fear or favor, present and former staff members have publicly complained that the paper sometimes self-censors stories it thinks the Chinese government wouldn’t like. Some gossip also said she is pregnant and prepare to give birth in Dragon year in 2012. She married to grandson of Hong Kong's late "Instant Noodle" King. , also graduate from Harvard University. Her husban also work for father in law as Executive Director of Kerry Properties Ltd
There is also speculation that Kuok siblings has lost passion in media business after her step brother resigned as Chairman Executive Director of SCMP Group Ltd earlier 2013.
Robert Kuok eldest son, 58, Kuok Khoon-chen,who’s known as Beau.
Beau, who’s worked in his father’s businesses since 1978, is chairman of Kerry Properties Ltd (683). The firm, 55 percent owned by Kerry Group, develops luxury apartments, shopping malls and offices mostly in China and Hong Kong.
On 21 Aug 2013, Chinese newspaper in Hong Kong reported that Kuok Khoon chen resigned as Chairman and Executive director of Kerry Properties Ltd effective 20 Aug 2013. However, we unable to find similar news in english on internet.
Kuok’s second son, Kuok Khoon Ean, 57, heads Shangri-La Asia (69), of which the family owns 50 percent.
Also, there is a report in Chinses newspaper in Hong Kong that Kuok Khoon Ean has on leave since March 2013 until Aug 2013. However, we unable to get similar news in English on internet. However, we get below filing which we unable to find similar report in chinese
"The board of Shangri-La Asia Limited (00069) announces that with effect from 22 August 2013, Kuok Khoon-ean has been re-designated as a non-executive director of the company and has also resigned as the chairman of the board, chief executive officer, member and the chairman of the Executive Committee, member of the Remuneration Committee, and member and the chairman of the Nomination Committee.
Also, Kuok Khoon-chen, brother of Kuok Khoon-ean, has been appointed an executive director of the company and assumes the above roles which Kuok Khoon-ean has resigned from.
Kuok Khoon-ean has confirmed that the above resignations are to enable him to focus on his board commitments at Kerry Group Limited and that he has no disagreement with the board and there is no matter which needs to be brought to the attention of the shareholders of the company in respect of his resignation."
However, we unable to find similar news above in bold in chinese version of Hong Kong newspaper. the chinese media in Hong Kong only reported that Kuok Khoon Ean has been on leave since March 2013 and Kuok Khoon-chen has resigned as Chairman and Executive Director of Kerry Properties Ltd (683) on 22 Aug 2013. this create a lot of speculation on Kuok succession planning as all Robert Kuok's son has resigned leave only daughter, son in law and nephew in his group of company.
A nephew, Kuok Khoon Hong, 63, co-founded and chairs Wilmar International, the largest Kuok-controlled company, with a market value of almost $20 billion, in which the Kuok family controls a 32 percent stake. One of Kuok’s companies, Singapore-listed Wilmar International, is the world’s biggest processor of palm oil and eighth-biggest sugar producer.
The family’s history of that period harbors an enduring mystery: a 16-year parting of the ways between Robert and Khoon Hong, who in 1991 left the Kuok Group to set up Wilmar with Indonesian entrepreneur Martua Sitorus.
It wasn’t until 2007 that Robert acquired a 32 percent stake in Wilmar and injected most of his agribusiness into it. Neither Robert nor his nephew would discuss the split.
Related read : Robert Kuok empire in Malaysia
Update : Robert Kuok succession planning crisis 2
Most beautiful Corporate Princess in 2013
企业公主系列5 : 马来西亚华人首富郭鹤年其女儿郭惠光堪比明星
現年58歲的郭孔丞，郭孔丞毕业于澳洲墨尔本莫纳斯大学经济系. 自2008年起出任嘉里建設主席及執行董事。目前他是郭鶴年旗下的私人公司Kerry Group Limited的副主席兼董事總、嘉里控股有限公司的主席兼董事總經理，以及郭氏集團多家公司的董事；而Kerry Group Limited及嘉里控股有限公司，皆為嘉里建設的控股股東。