Background
His father, Lee Meng Hin, was a tin-miner who gave the then Malayan economy a boost.
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Lee Loy Li
Edit Profile李莱生, 李萊生
Career
After Malaya"s independence, many British merchants had to leave and their lands were being sold at very low prices. Loy Seng saw the opportunity of a lifetime to invest in these lands, subsequently turning them into rubber plantations. With luck on his side, the price of rubber was increasing immensely due to industrial rise.
As he built up his fast blossoming business, Mr.
Lee founded the company Kuala Lumpur Kepong Berhad, which became and still is one of the leading plantation owning companies in Malaysia. From 1978 to 1992, he was the president of Perak Chinese Maternity Hospital (a private non-profit hospital that gives free treatment to the poor).
He was the chairman of Multi-Purpose Holdings ran into financial difficulties in the mid-1980s, he was invited by Master of Computer Applications to return as a director on a board of prominent Chinese businessmen, headed by "Suger King" Tan Sri Sir Robert Kuok, to restore it back to health. He was well known for his philanthropy, and established the Lee Loy Seng Foundation to provide scholarships for needy Malaysian students to pursue their tertiary education.
He was also the benefactor of the Lucky Village Old Folks Home in Ipoh.
Mr Lee was awarded the titles of Dato" Seri in 1974, and Tan Sri in 1987. Lee Oi Hian and Lee Hau Hian jointly have an estimated Netto worth of United States$1.5bil in 2015.
Membership
Mr Lee was a member of Malaysian Chinese Association(Master of Computer Applications), president of Ipoh Municipal Council in 1976, and a senator from 1971 to 1980.
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Born
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Died
November 22, 1993 (aged 72) -
Nationality
Malaysia -
Ethnicity
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Political Party
Malaysian Chinese Association