{"id":45999,"date":"2026-04-20T18:03:45","date_gmt":"2026-04-20T10:03:45","guid":{"rendered":"https:\/\/sgbuzz.com\/?p=45999"},"modified":"2026-04-20T18:03:45","modified_gmt":"2026-04-20T10:03:45","slug":"singapore-refuses-to-negotiate-safe-hormuz-passage-on-principle-dpm-gan-says-dark-ships-and-shadow-fleets-move-oil-near-singapore-waters-singapore-live-news","status":"publish","type":"post","link":"https:\/\/sgbuzz.com\/?p=45999","title":{"rendered":"Singapore refuses to negotiate safe Hormuz passage on principle, DPM Gan says; Dark ships and shadow fleets move oil near Singapore waters: Singapore live news"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<figure class=\"relative mb-4\">\n<div class=\"relative\"><img alt=\"Malaysia\u2019s richest tycoons, led by Robert Kuok, saw their wealth jump nearly 30 per cent in 2026, driven by IPOs, retail growth, REIT plans and strong market performance.  (AP Photo)\" loading=\"lazy\" width=\"640\" height=\"471\" decoding=\"async\" data-nimg=\"1\" class=\"rounded-lg\" style=\"color:transparent\" src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/.JQ4aHaJoG8ArXGN9299jw--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyODA7aD05NDI7Y2Y9d2VicA--\/https:\/\/media-mbst-pub-ue1.s3.amazonaws.com\/creatr-uploaded-images\/2023-05\/7a9523e0-0042-11ee-bfdd-6b8a1f10aa06\"\/><button aria-label=\"View larger image\" class=\"group absolute bottom-0 size-full\" data-ylk=\"elm:expand;itc:1;sec:image-lightbox;slk:lightbox-open;\"><span class=\"absolute bottom-3 right-3 rounded-full bg-white p-3 opacity-100 shadow-elevation-3 transition-opacity duration-300 group-hover:block group-hover:opacity-100 md:p-[17px] lg:bottom-6 lg:right-6 lg:bg-white\/90 lg:p-5 lg:opacity-0 lg:shadow-none\"><svg viewbox=\"0 0 22 22\" aria-hidden=\"true\" class=\"size-4 lg:size-6\" width=\"22\" height=\"22\"><path d=\"M12.372.92c0-.506.41-.916.915-.916L21 0l-.004 7.712a.917.917 0 0 1-1.832 0V3.183l-6.827 6.828-1.349-1.348 6.828-6.828h-4.529a.915.915 0 0 1-.915-.915M1.835 17.816l6.828-6.828 1.349 1.349-6.829 6.827h4.529a.915.915 0 0 1 0 1.831L0 21l.004-7.713a.916.916 0 0 1 1.831 0z\"\/><\/svg><\/span><\/button><dialog aria-label=\"Modal dialogue\" aria-modal=\"true\" class=\"fixed bottom-0 left-0 right-0 top-0 z-4 size-full max-h-none max-w-none bg-white hidden\"\/><\/div><figcaption class=\"relative text-sm mt-1 pr-2.5\">\n<div style=\"max-height:none;overflow:visible\">\n<p>Malaysia\u2019s richest tycoons, led by Robert Kuok, saw their wealth jump nearly 30 per cent in 2026, driven by IPOs, retail growth, REIT plans and strong market performance. (AP Photo)<\/p>\n<p><span>(ASSOCIATED PRESS)<\/span><\/div>\n<\/figcaption><\/figure>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Malaysia\u2019s 50 richest individuals saw their <a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/www.forbes.com\/sites\/phisanuphromchanya\/2026\/04\/15\/malaysias-50-richest-2026-a-robust-ringgit-and-a-hot-ipo-market-power-tycoons-wealth\/\" data-i13n=\"cpos:1;pos:1\" target=\"_blank\" data-ylk=\"slk:combined wealth rise nearly 30 per cent to US$116 billion (S$148 billion\/RM459 billion);cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;1&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;combined wealth rise nearly 30 per cent to US$116 billion (S$148 billion\/RM459 billion)&quot;,&quot;yHasCommerce&quot;:false}\">combined wealth rise nearly 30 per cent to US$116 billion (S$148 billion\/RM459 billion)<\/a> in 2026, driven by a strong economy, IPO activity, and currency gains, <a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/www.forbes.com\/malaysia\" data-i13n=\"cpos:2;pos:1\" target=\"_blank\" data-ylk=\"slk:according to Forbes PR;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;2&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;according to Forbes PR&quot;,&quot;yHasCommerce&quot;:false}\">according to Forbes PR<\/a>. This figure is up from $90 billion last year. The list reflects broad-based gains across multiple industries.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Robert Kuok <a rel=\"noopener\" class=\"link  yahoo-link\" href=\"https:\/\/sg.finance.yahoo.com\/news\/malaysia-50-richest-2026-robust-213831423.html\" data-i13n=\"cpos:3;pos:1\" data-ylk=\"slk:retained the top position with US$13.6 billion;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;3&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;retained the top position with US$13.6 billion&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">retained the top position with US$13.6 billion<\/a>, with his Kuok Group spanning agribusiness, hospitality and data centres. His wealth rose 19 per cent over the year.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Koon Poh Keong and siblings climbed to No. 2, with wealth jumping 80 per cent to US$9.7 billion on strong Press Metal performance. <a rel=\"noopener\" class=\"link  yahoo-link\" href=\"https:\/\/sg.finance.yahoo.com\/news\/malaysia-lee-brothers-reap-windfall-213920527.html\" data-i13n=\"cpos:4;pos:1\" data-ylk=\"slk:Lee brothers, Yeow Chor and Yeow Seng;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;4&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Lee brothers, Yeow Chor and Yeow Seng&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">Lee brothers, Yeow Chor and Yeow Seng<\/a>, rose to No. 3, supported by palm oil and property assets, including planned REIT listings in Malaysia and Singapore.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Retail expansion also drove gains, with Lee Thiam Wah of 99 Speed Mart seeing wealth nearly double after store expansion past 3,000 outlets. Meanwhile, <a rel=\"noopener\" class=\"link  yahoo-link\" href=\"https:\/\/sg.finance.yahoo.com\/news\/founder-malaysia-largest-dollar-store-213953620.html\" data-i13n=\"cpos:5;pos:1\" data-ylk=\"slk:Eco-Shop founder Lee Kar Whatt debuted on the list;cpos:5;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;5&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Eco-Shop founder Lee Kar Whatt debuted on the list&quot;,&quot;yHasCommerce&quot;:false}\" target=\"_blank\">Eco-Shop founder Lee Kar Whatt debuted on the list<\/a> after listing Malaysia\u2019s largest dollar store chain.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Jeffrey Cheah of Sunway saw a major wealth increase following a US$732 million healthcare IPO, the country\u2019s largest in nearly a decade. The gain highlights the impact of capital market activity on tycoon fortunes.<\/p>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">The 2026 list underscores how IPOs, property monetisation, and retail expansion are reshaping Malaysia\u2019s billionaire landscape. Minimum entry wealth also rose significantly compared with last year.<\/p>\n<h2 class=\"mb-4 text-lg font-bold md:text-xl\">The top 10 richest in Malaysia are<\/h2>\n<ol class=\"mb-4\">\n<li class=\"ml-4 list-decimal\">\n<div class=\"\">\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Robert Kuok; US$13.6 billion<\/p>\n<\/div>\n<\/li>\n<li class=\"ml-4 list-decimal\">\n<div class=\"\">\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Koon Poh Keong &amp; siblings; $9.7 billion<\/p>\n<\/div>\n<\/li>\n<li class=\"ml-4 list-decimal\">\n<div class=\"\">\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Lee Yeow Chor &amp; Yeow Seng; $8.5 billion<\/p>\n<\/div>\n<\/li>\n<li class=\"ml-4 list-decimal\">\n<div class=\"\">\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Teh siblings; $7.7 billion<\/p>\n<\/div>\n<\/li>\n<li class=\"ml-4 list-decimal\">\n<div class=\"\">\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Quek Leng Chan; $7.5 billion<\/p>\n<\/div>\n<\/li>\n<li class=\"ml-4 list-decimal\">\n<div class=\"\">\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Lee Thiam Wah; $6.7 billion <\/p>\n<\/div>\n<\/li>\n<li class=\"ml-4 list-decimal\">\n<div class=\"\">\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Krishnan family; $6.5 billion<\/p>\n<\/div>\n<\/li>\n<li class=\"ml-4 list-decimal\">\n<div class=\"\">\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Jeffrey Cheah; $5.3 billion<\/p>\n<\/div>\n<\/li>\n<li class=\"ml-4 list-decimal\">\n<div class=\"\">\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Francis Yeoh &amp; siblings; $4.1 billion<\/p>\n<\/div>\n<\/li>\n<li class=\"ml-4 list-decimal\">\n<div class=\"\">\n<p class=\"mb-4 text-lg md:leading-8 break-words\">Syed Mokhtar Albukhary; $3.5 billion<\/p>\n<\/div>\n<\/li>\n<\/ol>\n<p class=\"mb-4 text-lg md:leading-8 break-words\">See <a rel=\"nofollow noopener\" class=\"link \" href=\"https:\/\/www.forbes.com\/malaysia\" data-i13n=\"cpos:6;pos:1\" target=\"_blank\" data-ylk=\"slk:the full list;cpos:6;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;6&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;the full list&quot;,&quot;yHasCommerce&quot;:false}\">the full list<\/a> here.<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/sg.news.yahoo.com\/live\/singapore-refuses-to-negotiate-safe-hormuz-passage-on-principle-dpm-gan-says-dark-ships-and-shadow-fleets-move-oil-near-singapore-waters-singapore-live-news-015211700.html\" target=\"_blank\" rel=\"noopener\">Read Full Article At Source <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Malaysia\u2019s richest tycoons, led by Robert Kuok, saw their wealth jump nearly 30 per cent in 2026, driven by IPOs, retail growth, REIT plans and&#8230;<\/p>\n","protected":false},"author":1,"featured_media":46000,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[2611],"tags":[],"class_list":["post-45999","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-headlines","wpcat-2611-id"],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/45999","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45999"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/45999\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/media\/46000"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}