Nagacorp Fouder and CEO has passed away

date_range 11-Dec-2023
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(International): In a report on Monday morning, NagaCorp said that Tan Sri Dr. Chen Lip Keong died at the age of 75 on December 8, 2023 due to illness.

The company said in a statement: "On behalf of all the staff of the Board of Directors, we extend our deepest condolences on the death of Dr. "Chen Lip Keong would like to extend his deepest condolences to his family."

"The board would also like to sincerely thank Dr. Chen for his leadership, guidance and valuable contribution to the team during his tenure."

After the death of Dr. Chen Lip Keong The Board of Directors of NagaCorp has appointed his son Chen Yiy Fon to replace him as CEO.

According to the latest ranking by the American business magazine Forbes as of May 2023, Tan Sri is the seventh richest person in Malaysia with a net worth of $ 2.8 billion.