Early Life
Lau Cho Kun was born on January 10, 1936. Little is known about his early life, but he is the nephew of Tan Sri Panglima Lau Gek Poh, who founded Hap Seng Co. in 1946.
Rise to Success
Lau Cho Kun's rise to prominence is closely tied to Hap Seng Consolidated, where he holds the largest stake. Hap Seng started in the timber business and has grown into a diversified conglomerate under Lau's leadership. The company has expanded into property development, plantations, financial services, and automotive dealerships, particularly with Mercedes-Benz. Lau has been instrumental in expanding the company's portfolio and influence within Malaysia's business landscape.
Key Business Strategies
A key strategy for Lau has been vertical integration, especially in the palm oil sector, and strategic acquisitions. Hap Seng's plantation division is a major palm oil producer, with the automotive sector being another significant contributor through Mercedes-Benz dealerships. Lau's approach emphasizes delivering results and expanding the business through acquisitions.
Philanthropy
Details regarding Lau Cho Kun's philanthropic initiatives are unavailable based on search results.