The Kuok ‘bellboy’ takes over
A grandson leads the family's Malaysian unit as old rules expire.
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For the first time in years, a Kuok is back at the wheel of the family’s listed crown jewel.
On Wednesday, PPB Group named Kuok Meng Xiong (MX) as its incoming group managing director, effective September.
He succeeds Lim Soon Huat, who steps down after fourteen years of stewardship.
MX joined the board only in March but was pushed up to managing director in what sources believe was a decision long since made.
And it is, on paper, consequential.