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flag Daughter of Malaysia's richest man, Kuok Hui Kwong, becomes CEO of Shangri-La Asia.

flag Kuok Hui Kwong, 47, daughter of Malaysia's richest man Robert Kuok, has been appointed CEO of Shangri-La Asia, effective August 1. flag Kwong, who has served as Executive Director since 2016 and Chairperson since 2017, will earn HK$576,000 annually. flag Shangri-La Asia operates over 100 hotels globally. flag The company saw a 2% revenue increase in 2024 but experienced a 12.3% drop in net profit. flag Kwong holds a stake in Kerry Group, a major Shangri-La shareholder.

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