Revisiting Dato Low’s Bayan

Bayan Resources (BYAN), coal miner controlled by tycoon Low Tuck Kwong, paid out US$1.8 billion of cash dividends last year, surged by 80% from 2022, making Dato’ Low as among the cash richest persons in the country. Payments to the State (tax and royalties), unfortunately, increased only by 22.5% to US$1.15 billion.To subscribe please click here