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Examples
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Guoco, controlled by Malaysian businessman Quek Leng Chan , has accumulated shares in the Hong Kong bank in recent years, becoming the lender's second-largest shareholder after Spanish investment holding company Criteria CaixaCorp SA, and analysts have said the share purchases indicate the investment conglomerate is preparing a takeover.
Guoco, BEA Play Down Takeover Talk Fiona Law 2011
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Bank of East Asia issued new shares to the two foreign partners in December 2009, allowing them to boost their stakes in the lender, which was widely seen by analysts at the time as moves to pre-empt any takeover attempt by Mr. Quek through Guoco.
Guoco, BEA Play Down Takeover Talk Fiona Law 2011
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The others were property and financial-services firms Guoco Group Ltd. and Hong Leong Group, both controlled by Malaysian tycoon Quek Leng Chan, which committed a total of $420 million; Malaysia's state-owned retirement fund, which committed $200 million; Chow Tai Fook Enterprises Ltd. and New World Development Co., both controlled by Hong Kong tycoon Cheng Yu-tong, which committed total of US$100 million; and Hong Kong conglomerate Wharf (Holdings) Ltd., which committed US$100 million.
AIA Up 17% in Debut Prudence Ho 2010
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Sean Quek, says palm-oil giant Wilmar is the biggest beneficiary of the revamp.
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BIL International, the Singapore-listed investment vehicle controlled by Quek, is close to agreeing the purchase of the Clermont Club from Rank Group in a deal worth an estimated £30 million $57 million, according to the report in The Times.
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Quek--who has qualified as a bewigged British barrister--also heads Hong Leong Group Malaysia, a conglomerate of 14 listed companies traded on various stock exchanges.
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Noor Quek, previously the head of business development in Southeast Asia at Citigroup's private-banking unit who now runs Singapore-based family office adviser NQ International Pte, said family offices shouldn't be seen as a replacement to banks.
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Michelin-starred Daniel Boulud, Guy Savoy and Wolfgang Puck - along with acclaimed Asian chefs Justin Quek and Tetsuya Wakuda - gathered on stage to pay their respects to Santamaria, who like the five chefs had in the past year opened a restaurant at the $US5.7 billion $A5.69 billion resort.
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In the suit, BP said Quek and Cheong engineered the mass departures of the 20 staff and conducted negotiations with Hong Kong-listed Brightoil, which it described as a direct competitor, about moving over and setting up a competing business, while still employed by the oil major.
Reuters: Top News 2011
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A bid by Construction Bank would rival an existing 5.06 billion ringgit $1.7 billion offer from Malaysian billionaire Quek Leng Chen's Hong Leong Bank Bhd., which has been approved by minority shareholders and local authorities.
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