<div class=newsTextDataWrapInner><p>KUALA LUMPUR (July 20): Kuok Khoon Hong, the Singapore-based nephew of Malaysian billionaire Robert Kuok, has emerged as a substantial shareholder of Apex Healthcare Bhd, with an indirect 40.61% stake in the Melaka-based pharmaceutical company.</p></div>

<div class=newsTextDataWrapInner><p>A filing with Bursa Malaysia today showed that Yanlord Perennial Investment (Singapore) Pte Ltd (Yanlord Perennial) had&nbsp;acquired a 33.5% of the total voting shares in United Engineers Ltd (UEL) on July 13. As a result, Yanlord Perennial has a deemed interest in Apex through the interest held by UE UMC Pte Ltd, a wholly-owned subsidiary of UEL, which in turn holds a 30% interest in Apex Pharmacy Holdings Sdn Bhd which directly holds the 47.57 million shares or the&nbsp;40.61% stake in Apex Healthcare Bhd.<br />
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Yanlord Perennial is a consortium owned by Yanlord Land Group Ltd, Perennial Real Estate Holdings Ltd and its two sponsors&nbsp; — Khoon Hong and Wilmar International Ltd, and an investor. Khoon Hong is the co-founder, chairman and chief executive officer of Wilmar International.</p></div>

<div class=newsTextDataWrapInner><p>Apex shares closed at RM4.70 on July 19, with a market capitalisation of RM550.59 million.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>


KUALA LUMPUR (July 20): Kuok Khoon Hong, the Singapore-based nephew of Malaysian billionaire Robert Kuok, has emerged as a substantial shareholder of Apex Healthcare Bhd, with an indirect 40.61% stake in the Melaka-based pharmaceutical company.

A filing with Bursa Malaysia today showed ...

Wilmar's billionaire co-founder surfaces as substantial shareholder in Apex Healthcare

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<p>Five of the so-called “Bali Nine” prisoners were returned to Australia, more than 19 years after their arrests in a drug smuggling case that periodically damaged ties with Indonesia.</p>


<p>In the pursuit of environmental, social and governance (ESG) best practices, it is easy to overlook gaps that are worthwhile addressing in creating a foundation for sustainability that is ultimately rewarding for an organisation.</p>
