The post Malaysia’s Media, Lumber Tycoon Tiong Hiew King Dies At 91 appeared on BitcoinEthereumNews.com. Malaysian Media tycoon Tiong Hiew King reads a copy of the Chinese-language Malaysian daily, Nanyang Siang Pau, in Kuala Lumpur, 23 April 2007. Tiong Hiew King on 23 April signed deals to merge his three publishing firms in Malaysia and Hong Kong aimed at creating the largest Chinese-language media group outside China. MALAYSIA OUT NO INTERNET AFP PHOTO (Photo credit should read STR/AFP via Getty Images) AFP via Getty Images Malaysian tycoon Tiong Hiew King, who built a Chinese-language media conglomerate with operations in Malaysia and Hong Kong, has passed away at the age of 91. Tiong “passed away peacefully,” his Media Chinese International Ltd. said in a statement late Tuesday. “The board expresses deepest sorrow and regret and wishes to show its gratitude,” the Kuala Lumpur-listed company added. The tycoon formed Media Chinese International in 2007 when he backed the merger of Malaysia’s Sin Chew Media and Nanyang Press Holdings and Hong Kong’s Ming Pao Enterprise to cater to Chinese readers in Southeast Asia, China and North America. Following the merger, the group publishes four daily newspapers in Malaysia including Sin Chew Daily, China Press, Nanyang Siang Pau and Guang Ming Daily. With a readership of about 6.8 million people, the Malaysian publications account for 70% of the country’s Chinese newspaper business. His Ming Pao Daily News serves Hong Kong’s over 7.5 million residents and Chinese migrants in Canada. With a net worth of $820 million, Tiong and his family are among the wealthiest in Malaysia. He was born in humble beginnings and once worked as a rubber tapper. He and his brothers started Rimbunan Hijau Group, as a timber company in 1975. It has since expanded into energy, palm oil plantations, property development and telecommunications. Tiong had forestry operations in 16 countries and was also the owner of… The post Malaysia’s Media, Lumber Tycoon Tiong Hiew King Dies At 91 appeared on BitcoinEthereumNews.com. Malaysian Media tycoon Tiong Hiew King reads a copy of the Chinese-language Malaysian daily, Nanyang Siang Pau, in Kuala Lumpur, 23 April 2007. Tiong Hiew King on 23 April signed deals to merge his three publishing firms in Malaysia and Hong Kong aimed at creating the largest Chinese-language media group outside China. MALAYSIA OUT NO INTERNET AFP PHOTO (Photo credit should read STR/AFP via Getty Images) AFP via Getty Images Malaysian tycoon Tiong Hiew King, who built a Chinese-language media conglomerate with operations in Malaysia and Hong Kong, has passed away at the age of 91. Tiong “passed away peacefully,” his Media Chinese International Ltd. said in a statement late Tuesday. “The board expresses deepest sorrow and regret and wishes to show its gratitude,” the Kuala Lumpur-listed company added. The tycoon formed Media Chinese International in 2007 when he backed the merger of Malaysia’s Sin Chew Media and Nanyang Press Holdings and Hong Kong’s Ming Pao Enterprise to cater to Chinese readers in Southeast Asia, China and North America. Following the merger, the group publishes four daily newspapers in Malaysia including Sin Chew Daily, China Press, Nanyang Siang Pau and Guang Ming Daily. With a readership of about 6.8 million people, the Malaysian publications account for 70% of the country’s Chinese newspaper business. His Ming Pao Daily News serves Hong Kong’s over 7.5 million residents and Chinese migrants in Canada. With a net worth of $820 million, Tiong and his family are among the wealthiest in Malaysia. He was born in humble beginnings and once worked as a rubber tapper. He and his brothers started Rimbunan Hijau Group, as a timber company in 1975. It has since expanded into energy, palm oil plantations, property development and telecommunications. Tiong had forestry operations in 16 countries and was also the owner of…