Teh Hong Piow

KUALA LUMPUR: Public Bank Bhd's founder and chairman emeritus, director and adviser Tan Sri Teh Hong Piow has passed away at the age of 92.

“Teh’s passing is a great loss to the Public Bank Group. In 1960, he joined Malayan Banking as a manager. On behalf of the board, management, and staff of the Public Bank Group, we extend our most heartfelt condolences and deepest sympathies to Teh’s family,” Public Bank said in a statement.

PUBLIC BANK Bhd founder Tan Sri Teh Hong Piow passed away today (Dec 12) after helming the major financial institution for close to six decades. He was 92.

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There are plenty of bank services available in Malaysia. So, of course, many would know of Public Bank Bhd. Needless to say, if you've used its services, ...

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Immediately after relinquishing the chairman post, Teh was conferred the positions of chairman emeritus and adviser to the bank. KUALA LUMPUR (De...

[SALEFEATURED](/listing/sale/1758459/selangor/petaling_jaya/nonlanded/condominium-apartment-servicedresidence/pj-condo-2r2b-low-density-best-ownstay---invesment) He was the second-highest ranked Malaysian on the index after Robert Kuok, who ranked 98th (US$14.9 billion). Teh held a 21.64% stake in Public Bank through his private investment vehicle Consolidated Teh Holdings Sdn Bhd, and also directly held 0.64% of the bank. Despite having retired as its chairman at the end of 2018, the bank’s stakeholders, particularly minority investors, hold him in such high regard that, until today, his name continues to be synonymous with the bank. One of Malaysia’s wealthiest men, Teh founded Public Bank in 1965 at the age of 35. “It is with deep sorrow we announce that our chairman emeritus...passed away peacefully at 10.20am today at the age of 92.

Teh Hong Piow, founder of Malaysia's Public Bank – the second-largest company listed on Bursa Malaysia with a market capitalisation of 85 billion ringgit ...