Saturday 05 Oct 2024
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KUALA LUMPUR: Johor-based Harn Len Corp Bhd (fundamental:1.55; valuation: 1.80) executive chairman Tan Sri Low Nam Hui has passed away at the age of 97.

The group, which engages in oil palm plantation and oil milling operations as well as property investment and hotel operations, announced this in a filing with Bursa Malaysia yesterday.

Early last month, the group announced several changes in its operations — the appointment of Low Quek Kiong, 63, son of Nam Hui, as managing director of the group and the re-designation of his brother Kueck Shin, 58, as deputy managing director. Another brother Kok Yaow, 26, was appointed executive director (ED). Their mother and spouse of Nam Hui, Puan Sri Chan Pui Leorn, 56, was re-designated as deputy chairman.

Nam Hui’s other sons Kwek Lee, Kuek Kong and Kok Yong are also executive directors in the group. Harn Len is controlled by the Low family that holds some 67% of the company.

 

This article first appeared in The Edge Financial Daily, on February 12, 2015.

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