Dato’ Loy Teik Ngan - From Billionaire's Son to Losing it All and Starting Over [The Business of Family]
23 November 2020 | 46 mins 16 secs
2nd generation, family business, family compound, fbn, forum, g2, malaysia, patriarch, private education group, second generation, ypo
Dato’ Loy Teik Ngan is the eldest son of a well-known entrepreneur who built one of the largest business conglomerates in Malaysia, Teik Ngan took over the rein of his family company upon his father’s demise. Within a year, the sprawling business empire that took 35 years to build, collapsed under the weight of huge debts amidst the 1998 Asian financial crisis.