Lim Kang Hoo

In this Chinese name, the family name is Lin (林).
Yang Berbahagia Tan Sri Dato'
Lim Kang Hoo
PSM DIMP
林刚河
Born1955
Occupation(s)Chairman, Ekovest Berhad & Iskandar Waterfront Holdings
Lim Kang Hoo
Chinese name
Traditional Chinese林剛河
Simplified Chinese林刚河
Hanyu PinyinLín Gānghé
JyutpingLam4 Gong1 Ho4
Hokkien POJLîm Kong-hô
Tâi-lôLîm Kong-hô

Lim Kang Hoo (Chinese: 林刚河, born 1956) is a Malaysian businessman and investor.[1] He is the founder, chairman and chief executive of Iskandar Waterfront Holdings and Ekovest Berhad.[2] Both corporations manage infrastructure construction projects, as well as mega property development.[3] Tan Sri Lim is also linked to other public listed companies in directorial roles; PLS plantations, holding 40,000 acres in palm oil plantations and Knusford Berhad and Tebrau Teguh Berhad.[4][5]

In 2014, Forbes estimates his stake in Ekovest – a construction firm for mid-sized infrastructure projects in the Klang Valley, and the construction vehicle for its Iskandar region developments – at US$1.1 billion, ranking him on the Malaysian Forbes Richest List.[6] Later, in 2015, Forbes further estimated an additional stake in Iskandar Waterfront Holdings to be worth US$925 million.[7]

In January 2016, Tan Sri Lim succeeded on a bid on the Bandar Malaysia project worth $1.7 billion (RM 7.41 billion) [8][9] The Joint Venture partners are dedicated to developing an underground city project spanning over 15 years with a gross development value of US$53 billion.

Tan Sri Lim is referred as 'helicopter-man' by the locals as he frequently commutes between his office in Kuala Lumpur and his project birthchild, Iskandar Malaysia privately via his rotorcrafts.[10] Tan Sri Lim's Ekovest Berhad is also the 2016 sponsor for the Kuala Lumpur National Football Association.

  1. ^ "Asean Business Club". Retrieved 4 February 2016.
  2. ^ "Bloomberg; Lim Kang Hoo". Bloomberg News. Retrieved 8 February 2016.
  3. ^ Tan, Jessica (26 February 2014). "Malaysia's 50 richest - The road to Iskandar". Forbes Asia. Retrieved 6 February 2016.
  4. ^ "Knusford to ride on interest in Lim Kang Hoo". The Edge Property. 8 February 2012. Retrieved 6 February 2016.
  5. ^ Wong, Wei-Sheng (2 January 2016). "Lim's company may draw interest". The Star Malaysia. Retrieved 2 February 2016.
  6. ^ Jetley, Neerja (28 May 2014). "Malaysia's Newest Billionaire mints money from reclaiming land and selling dreams". Forbes Asia. Retrieved 20 January 2016.
  7. ^ Jetley, Neerja (28 May 2014). "Malaysia's Newest Billionaire mints money from reclaiming land and selling dreams". Forbes Asia. Retrieved 3 February 2016.
  8. ^ Ramasamy, Manirajan (31 December 2015). "1MDB to sell Malaysian property project stake for $1.7 billion". Bloomberg Business. Retrieved 8 February 2016.
  9. ^ "Real estate project stake sale likely to boost property sector". Nikkei Asian Review. Retrieved 5 January 2016.
  10. ^ "Future Plans of Master Developer". The Star. 8 December 2012. Retrieved 8 February 2016.