China's RICHEST WOMAN financing Johor's controversial Forest City project?

[Confuseous]

JOHOR BARU - Country Garden Holdings, the Chinese property giant behind the controversial Forest City development in Johor Baru, is controlled by China's richest woman and one of the world's youngest billionaires.

Ms Yang Huiyan, 33, is the second daughter of Mr Yang Guoqiang, 59, a former bricklayer who founded the firm 20 years ago in southern Guangdong province.

In 2007, she was catapulted to fame when, just before Country Garden's listing on the Hong Kong Stock Exchange, her father transferred all his holdings to her.

This amounted to 70 per cent of the company's stock and gave the Ohio State University graduate an overnight fortune of US$16 billion after the initial public offering.

The 2008 financial crisis has reduced her fortune to US$7.2 billion (S$9 billion) now, which still puts her in seventh place on China's rich list.

Ms Yang was made vice-chairman of Country Garden in 2012. But by all accounts of the media-shy family - Ms Yang has never accepted an interview and makes few public appearances - Mr Yang still largely runs the real estate giant as chairman.

According to local media reports, he has been training his favoured daughter for succession for almost all her life, taking her along to company meetings when she was a teenager.

Company insiders said she would "listen intently but never say a word".

After she graduated from university in 2003, her first job was as her father's personal assistant.

Mr Yang himself has a classic rags-to-riches story common among China's nouveau riche.

A bricklayer and construction worker in his youth, he started his business by


Full article: http://www.malaysia-chronicle.com/i...l-forest-city-project?&Itemid=2#ixzz35vETmsxb

 

[apogee]

This is why Singapore need foreign talent - to screw the Malaysian FTs

 

[GoldenDragon]

If marry her, sure hosay liao. Better than WKS.

 

[laksaboy]

Well done. I hope she builds the Kra Canal too, to double-penetrate Singapore.

 

[enterprise2]

Well done. I hope she builds the Kra Canal too, to double-penetrate Singapore.

Why do Johore needs to reclaim land ?? They gots land in abundance !! This is just waste of resources!!

 

[LordKrishna]

Why do Johore needs to reclaim land ?? They gots land in abundance !! This is just waste of resources!!

Same question why China need to annex Tibet, why China need to quarrel with Malaysians, Bruneian, Filipinos, Vietnamese, Koreans, Japanese about sea closer to those countries than China, this is a very strange world.

 

[enterprise2]

Same question why China need to annex Tibet, why China need to quarrel with Malaysians, Bruneian, Filipinos, Vietnamese, Koreans, Japanese about sea closer to those countries than China, this is a very strange world.

China is obviously trying to expand her borders. For Johore, she can only reclaim up to the borderline. Like that we should also reclaim to our borders and join up. Then no need for bridge!

 

[Winner]

We join in the reclaimation with them and set up the fence and get a few machine guns to standby at the border, this will be interesting.

 

[kaikora]

Yang Huiyan (Simplified Chinese: 杨惠妍, Traditional Chinese: 楊惠妍, Pinyin: Yáng Huìyán; born 1981) is the majority shareholder of Country Garden Holdings and one of the wealthiest people in Mainland China, with an estimated net worth of $7.4 billion USD as of March 2009.[2][3] She is the daughter of Yang Guoqiang, who started his company Biguiyuan in 1997 [1] and transferred 70% of Country Garden's shares to her before its IPO in 2007.[4] The wealthiest mainland Chinese in the previous year, 2006, was Huang Guangyu. [2] Country Garden's initial offering raised about $1.6 billion, or as much as Google raised in 2004 in the United States. [3] Yang's net worth was estimated at $16.2 billion USD in October 2007.[5]

Yang is a 2003 graduate of The Ohio State University.[2]

 

[johnny333]

I know of some Sporeans who have invested in Malaysia have been burned when the rules were changed. So there are not guarantees of success.

 

[syed putra]

she actually came down to JB herself and bought a bungalow in Bukit serene for her staff to stay. She insist that bungalow is fully equipped and nothing to be taken out. Nobody knew who she was, but she bought cash.

 

[syed putra]

Why do Johore needs to reclaim land ?? They gots land in abundance !! This is just waste of resources!!

The straits of johore is useless. Its not navigable by boat from one end to another because the causeway is blocking. So might as well fill it up. Then it becomes something useful.

 

[blackmondy]

Why do Johore needs to reclaim land ?? They gots land in abundance !! This is just waste of resources!!

Titties-for-tatties. Pinky extended Tekong by a wide margin.