Tan Sri Rashid Hussain Net Worth

Tan sri abdul rashid hussain adalah pengasas kumpulan rhb beliau mengahwini anak perempuan kepada tan sri robert kuok rashid hussain merupakan anak lelaki bongsu kepada seorang lelaki kelahiran pulau pinang mohammed hussain yang kemudian berpindah ke singapura dan membangunkan perniagaan yang berjaya di sana.

Tan sri rashid hussain net worth. Tan sri rashid will sell a controlling interest in his flagship company rashid hussain to a state owned corporation. She was jailed five years for the second charge of misleading tan sri abdul rashid hussain into believing that she had secured a gift contract worth rm18 9 million and inducing him to hand over rm7 million to share the deal. According to priceworth executive director richard koo rashid has taken up just over half of the first tranche of the private placement offering involving 28 86 million new shares or 3. Rhb group founder tan sri abdul rashid hussain has upped his stake in priceworth international bhd to 6 27 after buying an additional 15 million shares or 1 56 via a private placement.

The person who is managing the business is the backbone that makes it succeed or fail. Modest beginnings when chua started his career in 1975 in the back office of gp securities now part of public bank as a financial controller stock quotes were written on a black board with chalk. Rashid was the chairman of rhb with a 51 stake and chua became the. 1996 rashid hussain acquires a 75 stake in kwong yik bank berhad.

Pworth rhb group founder tan sri abdul rashid hussain has upped his stake in priceworth international bhd to 6 27 after buying an additional 15 million shares or 1 56 via a private placement. His daughter sue kuok suon kwong puan sri suraya abdullah is is the wife of ex ceo of rhb bank tan sri rashid hussain and have several children from the marriage. Ibu beliau berketurunan melayu dan arab. Pds and reits and over 3 500 accounts under custodianship with asset under custody auc worth more than rm70 billion.

An accountant by training chua is best known for co founding with rashid hussain the highly successful rashid hussain securities now rhb securities in 1983. Bill explained it s the characters that i spend a lot of time trying to understand. Kuala lumpur dec 8. According to priceworth executive director richard koo rashid has taken up just over half of the first tranche of the private placement offering involving 28 86 million new shares or 3 of the.

Bank tan sri abdul rashid hussain one of the most successful entrepreneurs in the region had taught him there is usually not a problem with the business model by itself.