It is through Lee’s vision, hard work and enterprising spirit that both companies have become leading corporations in their respective sectors.
KUALA LUMPUR (June 3): Hardworking, persistent, determined and intelligent. These are but some of the words that have been used to describe the late Tan Sri Dr Lee Shin Cheng, the grand patriarch and founder of local conglomerate IOI Group, who passed away last Saturday, after a period of illness.
With a fortune of US$4.7 billion ($6.5 billion), Lee was ranked by Forbes as Malaysia’s fifth-richest man and the 325th richest men in the world this year. The executive chairman of IOI Corp and IOI Properties Group, he was due to retire today, which would have also marked his 80th birthday.
