Quek Leng Chan

Money Moves

As of September 2026: Adding healthcare to his conglomerate's portfolio

Hong Leong Group, the Malaysian conglomerate controlled by billionaire Quek Leng Chan, confirmed it will buy 17 Columbia Asia hospitals and one clinic in Southeast Asia for US$1.2 billion. The buyer is partnering with global private equity firm TPG, and the deal marks Hong Leong's first entry into healthcare.

Updated Sep 13