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