Tiong Hiew King

Yang Berbahagia Tan Sri Datuk
Tiong Hiew King
KBE
Native name 张晓卿
Born 1935 (age 82–83)
Sibu, Kingdom of Sarawak
Occupation Executive chairman, Rimbunan Hijau
Net worth Decrease US$1.1 billion (2018 Forbes list)[1]

Tan Sri Datuk Tiong Hiew King (simplified Chinese: 张晓卿; traditional Chinese: 張曉卿; pinyin: Zhāng Xiǎoqīng; born 1935) is the Malaysian Chinese founder and chairman of the Rimbunan Hijau Group, a timber company founded in 1975. Its overseas timber operations in Papua New Guinea is the largest in that country. He also has interests in logging operations in Russia.

Tan Sri Datuk Tiong resides in Sibu, a town in Sarawak, of Borneo island that is part of Malaysia. As of March 2018, with a net worth of about US$1.1 billion,[1] Tiong is ranked by Forbes as the 1,999th richest person in the world.[2] In April 2017, Tiong’s family confirmed that he was hospitalized after suffering a stroke.[3][4]

Influence in media

Tiong's Rimbunan Hijau Group operates Sin Chew Daily and Guang Ming Daily, two of the major Chinese national dailies in Malaysia.[5] They also operate The National Daily in Papua New Guinea and Ming Pao Holdings Ltd in Hong Kong. He is forging a global Chinese publishing group with his Ming Pao Enterprises; Ming Pao newspaper is also available in San Francisco, New York, Vancouver and Toronto.[6]

Media Chinese International Limited (MCIL) is the holding company for all Tiong’s media assets formed after the merger of Ming Pao Enterprise Corporation Limited, Sin Chew Media Corporation Berhad and Nanyang Press Holdings Berhad.[7]

In 2018, Tiong stepped down from the position of executive chairman of MCIL to take up a non-executive, non-independent directorship in the group.[8]

Influence in local politics

Back home in Sibu, Tiong and his family are members of the ruling Sarawak United People's Party (SUPP), a major party of the ruling coalition government in Sarawak. Tiong's younger brother Tiong Thai King has been the Member of Parliament of the Lanang Parliamentary Constituency in Sibu from 1995 to 2013.

Honour

Honour of Malaysia

References

  1. 1 2 Forbes.com
  2. ↑ https://www.forbes.com/billionaires/list/
  3. ↑ "Family of tycoon Tiong Hiew King confirms stroke". Free Malaysia Today. 2017-04-26. Retrieved 2018-09-30.
  4. ↑ "News on tycoon Tiong Hiew King's passing not true: Family".
  5. ↑ Caitlyn Ng (2 April 2014). "Top 10 richest Malaysians in 2014". Free Malaysia Today.
  6. ↑ Chin-Huat Wong, "Malaysian media mogul's big China bet", Asia Times Online. 15 February 2007.
  7. ↑ "Media Chinese International Limited". www.mediachinesegroup.com. Retrieved 2018-10-10.
  8. ↑ "Tiong Hiew King steps down as MCIL chairman". The Edge Markets. 2018-03-28. Retrieved 2018-10-10.
  9. ↑ "Semakan Penerima Darjah Kebesaran, Bintang dan Pingat".
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