PETALING JAYA: Billionaire Yeoh Tiong Lay, founder of YTL Corporation Bhd, passed away peacefully at age 87.
Yeoh founded the group in 1955 and now it has extensive operations in countries including Malaysia, the United Kingdom, Singapore, Indonesia, Australia, Japan and China.
MEANWHILE, according to Wikipedia:
Tan Sri Yeoh Tiong Lay (Chinese: 楊忠禮; born 18 December 1929) is a Malaysian business tycoon. He founded YTL Corporation,[2] Malaysia’s largest conglomerate, with interests in construction, utilities, hotels, property development and technology. YTL is based primarily in Malaysia but has extensive operations in Asia, Australia and the United Kingdom, where it owns the utility Wessex Water. YTL Corp has over $3 billion in cash.
![](http://s-s.www.kcl.ac.uk.prx.proxyunblocker.org/ImportedImages/Schools/Law/yeoh-gift/Yeoh-family-at-Kings-web-454x275.jpg)
Yeoh Tiong Lay completed his secondary school education at Hin Hua High School in Klang, Malaysia.
Yeoh is one of the richest individuals in Malaysia; his family is estimated to have a net worth of US$ 2.8 billion in May 2015
He is the father of Francis Yeoh, who is the eldest of his seven children, all of whom are involved in the family business.
![](http://www.propertyempire.com.my.prx.proxyunblocker.org/blog/wp-content/uploads/2015/08/11873672_520855858067912_5352926720416172479_n.png)
Yeoh was conferred the Order of the Rising Sun, Gold Rays with Neck Ribbon by the Emperor of Japan for his efforts in promoting bilateral relations between Malaysia and Japan on 19 January 2008.
Yeoh is currently one of the Pro-Chancellors of Universiti Malaysia Sabah in Kota Kinabalu, Sabah with Tan Sri Datuk Seri Panglima Musa Hj. Aman, the Chief Minister of Sabah. – Wikipedia
-ANN
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