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This profile was last updated on 3/1/12  and contains information from public web pages.

Dr. Ninian Mogan Lourdenadin

Wrong Dr. Ninian Mogan Lourdenadin?

Employment History

  • Group Chief Executive Officer, Executive Director
    MBF Holdings
  • Joint Chief Executive Officer
    MBF Holdings
6 Total References
Web References
Three newcomers debuted on the list, ..., 1 Mar 2012 [cached]
Three newcomers debuted on the list, notably Ninian Mogan Lourdenadin, a doctor turned retail magnate who is ranked at No. 22 with a US$500 million net worth.
He is Group CEO of MBF Holdings and runs a property, retail, leisure and medical services business empire that stretch from Malaysia to Fiji, Papua New Guinea and Australia.
Ninian Mogan ..., 15 June 2008 [cached]
Ninian Mogan Lourdenadin
Group Chief Executive Officer, Executive Director
MBf Holdings Berhad :: Amateur Radio, Diving, News, Weather and More ..., 30 Jan 2002 [cached]
MBF HOLDINGS Bhd has appointed Dr Ninian Mogan Lourdenadin as its joint chief executive officer (CEO).Prognosis Is Good for Florida's Biotech IndustryOct. 22--Scores of representatives from Florida's biotechnology companies, meeting in Fort Lauderdale, expressed optimism the state's biotech industry will grow rapidly thanks to promotional efforts by trade organizations, partnerships between companies and universities and support from legislators.
WRC - Balsa - News & Events [cached]
Sir Ninian Mogan Lourdenadin CEO MBF Holdings
Tan Sri Dr Ninian Mogan ..., 12 Feb 2010 [cached]
Tan Sri Dr Ninian Mogan Lourdenadin has defended his buyout offer for MBf Holdings Bhd, saying his bid has a good premium and the group will need more funds to expand.
Ninian, who is the group's chief executive, had proposed to take MBf Holdings private via a selective capital reduction and repayment exercise (SCR) and to accelerate the maturity of the MBf Holdings' warrants on January 11.
Under the proposed SCR, minority shareholders will receive a cash amount of 65 sen for each share owned, while warrant holders will receive 5 sen for each warrant.
"We believe the 65 sen offer per share is a good premium as it represents a premium of 23 per cent and 33 per cent over the five-day and three-month volume-weighted average market price of 53 sen and 49 sen," said Ninian.
"In order to maintain investor confidence, the major shareholders had to pledge their personal assets to secure an additional standby banking line of up to RM150 million to complement MBf Cards' available banking facilities," said Ninian.
He said the privatisation would allow the major shareholders greater flexibility to grow the business as they were prepared to inject capital into the business as and when required.
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