Larry Low Hock Peng
Their dad low hock peng or larry low expanded the family s asian property holdings to new zealand the u s.
Larry low hock peng. Larry was involved in a diversified range of businesses such as textiles electronics property industrial leisure plantations and corporate services. Low meng tak not only contributed to the community from his wealth which he earned by years of hard work but also passed the mission to his descendants. And the u k forbes march 2015 this narrative of long standing great family wealth has tended to surprise contacts in penang who had no inkling till very recently that the larry low family was amongst malaysia s richest families.
Nama tan sri larry low hock peng menjadi hangat selepas polis diraja malaysia hari ini mengumumkan akan mengemukakan permohonan notis merah daripada interpol bagi mengesan dan menahan beliau dan anaknya iaitu low taek jho atau jho low. Larry low hock peng who was frencken s non executive and non independent chairman until he resigned in 2016 reduced his holdings from 8 14 per cent to 4 74 per cent on aug 24 2018. Jho low s father tan sri larry low hock peng is also no stranger to malaysia s corporate scene.
He attended chung ling high school and the international school of penang uplands before being sent to the elite harrow school in london. Online business portal the edge markets had said low and his father tan sri larry low hock peng were charged with money laundering. Larry low hock peng wanted by malaysian authorities on a charge of money laundering has ceased to be a substantial shareholder in singapore listed frencken group a company o singapore aug 30.
The court papers were registered with the sessions court in putrajaya this morning and warrants of arrest for the duo were also sought. Larry low hock peng the father of jho low has ceased to be a substantial. Kedua dua ahli perniagaan itu berdepan sembilan pertuduhan berhubung pembabitan dalam skandal berprofil tinggi 1malaysia development berhad 1mdb.
The following court action filed in the cayman island s reveals how tan sri larry low hock peng attempted to become sole trustee of his own family trust via which some the assets seized by the usdoj are held. Jho low was the youngest of three children. Among them are businesspersons and philanthropists larry low hock peng low jho and low taek szen who were taught from a young age that real wealth is the ability to contribute to your fellows.
As reported the trustees refused to challenge the doj action for fear of being charged with criminal offences.
