Albukhary Group Of Companies 2020
The albukhary group of companies is donating equipment and cash estimated to be more than rm15mil to various stakeholders to help in the fight.
Albukhary group of companies 2020. In may 2020 malaysia s ministry of communications and multimedia quietly awarded the highly lucrative 5g telecommunications spectrum contract to a little known company called altel a subsidiary of puncak semangat a firm primarily controlled by politically connected malaysian tycoon tan sri syed mokhtar albukhary. The albukhary group of companies is donating equipment and cash estimated to be more than rm15mil to various stakeholders to help in the fight against covid 19. The bulk of his wealth comes from stakes in listed conglomerates mmc corp. 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. Low profile syed mokhtar albukhary started as a rice trader after dropping out of high school. The albukhary group of companies have come together via their respective businesses to assist efforts in combating covid 19 in the country. Sunday 05 apr 2020 petaling jaya.