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The passing of founder Tan Sri Teh Hong Piow is unlikely to impact the bank that has made many shareholders millionaires. But with his passing, all eyes are on how his 23.4% block in Public Bank Bhd, worth close to RM20 billion at the current price, would be passed on to his heirs and what that would mean for the future franchise value of the bank.
Apr 15, 2024 · Teh Hong Piow founded the bank in 1966. He died in December 2022 at age 92. In addition to Malaysia, the bank serves millions of customers across Cambodia, China, Hong Kong, Sri Lanka and Vietnam.
Dec 16, 2022 · Friday, 16 Dec 2022. KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim has paid his last respects to Public Bank Bhd founder Tan Sri Teh Hong Piow, who died at the age of 92 on Monday. The ...
Jul 27, 2006 · Tan Sri Teh is the first winner of Euromoney’s Lifetime Achievement Award in Asia. His bank, Public Bank, also won best bank in Malaysia for the eighth time. This is an edited transcript of the speech by Tan Sri Dato’ Sri Dr Teh Hong Piow delivered at Euromoney’s Asia Awards for Excellence Dinner. “My journey in banking started 54 years ...
Dec 12, 2022 · KUALA LUMPUR, Dec 12 — Public Bank Berhad (PBB) founder, chairman emeritus, director and adviser Tan Sri Teh Hong Piow reportedly died this morning at the age of 92. He passed away peacefully at 10.20am today, according to a report from The Star. He established the company as a 36-year-old after leaving Malayan Banking Berhad as a general ...
Dec 12, 2022 · Public Bank Group has announced that its founder and Chairman Emeritus, Tan Sri Dato’ Sri Dr. Teh Hong Piow, has passed away peacefully at 10:20 am today at the age of 92. The group in a press statement said Tan Sri Teh’s passing is a great loss to the bank and on behalf of the Board, Management, and staff of the Public Bank Group extends ...
Jun 8, 2022 · #4 Teh Hong Piow on the 2022 Malaysia's 50 Richest - For decades Teh Hong Piow chaired Malaysian banking behemoth Public Bank, which he started in 1966. ... On a recent trip to Hong Kong, rest and ...
