richest village in malaysia

Left to right: Dato' Lee Yeow Chor and Lee Yow Seng, GoGet Founder Francesca Chia on Entrepreneurship and Female Leadership, These Are the Malaysian Millionaires You Didn't Know, 8Highest-PaidK-Drama Stars of 2021: Song Hye-Kyo, Lee Jung-Jae and More, The 10 Richest People In The Fashion Industry In 2021, 5 Second Generation Business Leaders in Malaysia on Legacy and Family. As of 2022, 19 areas in the country are officially termed cities by law. Towns such as Kajang and Kepong have also been launching new projects after new projects, said Chan. The top 10 richest in Malaysia are: Robert Kuok; US$11.5 billion; Quek Leng Chan; $9.7 billion ; Ananda Krishnan; $5.9 billion; Chen Lip Keong; $5.3 billion; Teh Hong Piow; $4.85 billion Buy Rent Condos New Housing costs are quite low (about 72% less than the U.S.), while the overall cost of living is about 43% less expensive. Many leading figures in the Malaysian - exploring places, cultures, trying various things here in Penang for the first time to fulfill the experience http://bit.ly/2UIpsPR__ WANT TO FOLLOW ALONG OUR JOURNEY AND SUPPORT US ? Find out more about how we use your personal data in our privacy policy and cookie policy. Most of these places had humble beginnings, but are now prime property due to a combination of factors, like amenities and convenient transport. 43), who shares a $380 million fortune with two siblings, onto the list for the first time. Learn from our experience and follow us around while we travel here as first timers, we might have made some mistakes but hey ! WebForbes Billionaires 2022: The Top 10 Malaysians on the List | Tatler Asia Robert Kuok remains the richest Malaysian while newcomers WTK Holdings Bhd's Wong Kie Chie and PMB Technology Bhd's Koon Poh Ming join the Forbes billionaires club. IOI Group managing director and chief executive Dato' Lee Yeow Chor inherited the business from his late father Tan Sri Dato' Lee Shin Cheng, along with his younger brother Lee Yeow Seng, who is the executive vice chairman of IOI Properties Group. In Malaysia, cities (Malay: bandaraya) are officially designated under the governance of city councils (Malay: Majlis bandaraya), although there are several exceptions. 2023 Forbes Media LLC. Despite the economic repercussions of the pandemic, war and other factors, a total of 236 newcomers made it into the billionaires list this year (257 fewer than the newcomers featured in last years list). More than 200,000 sale/rent listings and daily property news. KLCC is the tourism and shopping pinnacle of KL, and is surrounded by a lot of convenient public transport, as well as many international banks for easy transactions. In 2019, the median wealth per adult in Malaysia was at around 8.9 thousand U.S. dollars. 4, $5.7 billion) and Ananda Krishnan (No. WebPODCAST: Why Cristiano Ronaldo Is The World's Highest-Earning Athlete; 2017 Grateful Grads Index: Top 200 Best-Loved Colleges; Full List: The World's Highest-Paid Actors And Actresses 2017 When you enter online banking or e-mail, the sites security system asks you to enter your credentials: login and password. Sources have it that the highest value on a property was at Binjai Park , KLCC where one of the worlds richest man bought a 20,000 feet penthouse for USD 13 million, equivalent to RM 52 million. - Nasi Kerabu ( Penang International Food Festival 2019 ) https://youtu.be/JREm-IApiLQ New to Penang, Malaysia ? Ipoh. While cities like George Town, Ipoh, and Malacca city have established their positions as popular getaway spots, there are a handful of smaller towns and villages full of distinctive cultures, sights, good food, character, and charm that remain far from the limelight they deserve. Yeah said Selangor also registers the highest proportion of the countrys T20 and M40 households, with 37.1% for the former and 25.2% for the latter in 2019. I cover Asia's wealth and entrepreneurs from a base in Singapore. With property tools like the Edge Reference Price, Past Transacted Prices, Home Advisor Report as well as Area and Project insights, you have all the resources you need to make better property decisions, anytime and every time. Here are 5 Online Surveys For Kids, Top 12 Most Popular but Toughest Sports in The World, Interesting Facts About MDH Owner Passes Away At 98, Worldfree4u : Download Latest Full HD Movies And Web Series, Top 10 Cracked Software Download Sites For PC, KatMovieHD 2023- Latest Movie Download Site Review, SkyMoviesHD: Download Latest Bollywood And Hollywood Movies Free, 7 Of The Most Luxurious Wellness Destinations In India, Long-serving Bollywood Actor Rishi Kapoor Dies at 67, Confirms Amitabh Bachchan, How Scholarships Are a Lifeline to the Success of High School Girls. Ipoh was one of the wealthiest cities in Southeast Asia during the late 19th century thanks to the revenue generated from its Kinta Valley tin mines. Identification and Authentication. Let's stay updated! See the full list here. Stay ahead of the crowd and enjoy fresh insights on real estate, property development, and lifestyle trends when you subscribe to our newsletter and follow us on social media. The proximity of Damansara to the LDP makes it easy to reach various places, although public trains havent reached this part of the Klang Valley yet. As Livspace performs extensive quality checks on everything, you can rely on their high-quality interior design work. Three processes took place in turn: identification, authentication and authorization. - Today we visit one of the best UNESCO heritage site situated here in Penang, Malaysia. Theres really no need to explain why the property here is one of the most expensive in the country. Despite a drop in Hartalegas shares in 2021, Kuan and his family are the ninth richest in Malaysia, boasting a net worth of US$2 billion (RM8.4 billion). See the full list here. All Right Reserved. 307K subscribers. Meet The Malaysian Entrepreneur Who Is Trying To Build The Worlds Largest Helicopter Operator, David Kong Keeps Steady Hand On Funeral Services Provider Nirvana Asia As CVC Capital Eyes Exit, Malaysian Fintech Mogul Goh Peng Oois Silverlake Axis Eyes Broader Markets, Reality Bites Malaysian Home Improvement Chain Mr. D.I.Y, Malaysian Casino Billionaire Cashes In On Tourism Rebound, Malaysias 50 Richest 2023: Five Newcomers Add A Fresh Dimension To The Ranks, The Wealth Of Malaysias Glove Producers Plunges As Pandemic Recedes. WebDivert Living. Web1. The cutoff for the list increased to $315 million from $255 million last year. WebThis article discusses the list of cities within Malaysia. (SOURCE : pinangperanakanmansion.com )__ N O T E : Make sure you watch the video till the end to see the preview of Next Vlog so you know what to expect from our next Travel Vlog Series SUBSCRIBE so you won't miss any future episode from us : http://bit.ly/2WEG88h__ H I G H L Y R E C O M M E N D E D : BAG - Our travel camera bag that we are very pleased with : http://bit.ly/2YY3ois ACCOM - Traveling somewhere soon and looking for accommodation ? It will be Malaysias first modern Islamic city that is complemented by educational halls, libraries and computer centres. Wanna know where the best luxury mansions are, and how much were the biggest commercial deals that took place? While the stock market dipped slightly in the past 12 months, currency fluctuations saw the ringgit drop 6%. The top 10 richest in Malaysia are: Robert Kuok; US$11.5 billion; Quek Leng Chan; $9.7 billion ; Ananda Krishnan; $5.9 billion; Chen Lip Keong; $5.3 billion; Teh Hong Piow; $4.85 billion Today, he is the third richest man in Malaysia with an estimated net worth of US$5.9 billion (approximately RM24.8 billion). WebThis table lists all cities, municipalities and districts in Malaysia whose population exceeds 150,000 people, according to statistics published in the 2020 Malaysian census by the Malaysian Department of Statistics (DOSM). The top 10 richest in Malaysia are: Robert Kuok; US$11 billion; Quek Leng Chan; $10.1 billion; Koon Poh Keong & siblings; $6.2 billion; Teh Hong Piow; $5.7 billion; Ananda Krishnan; $5 billion Additionally, there are also plenty of International Schools and world class hospitals as well. Location-wise, Selangor is within proximity to the Kuala Lumpur Business Centre, Putrajaya Administrative Capital and Cyberjaya, home to the National ICT Capital of Malaysia. More: Why Are Family Offices Becoming More Popular in Asia? EdgeProp.my is Malaysia's most useful property website for home buyers and investors. Excluding the federal territory, Selangor is the second wealthiest state with a per capita income of RM54,995 in current prices behind top-ranked Pulau Pinang at RM55,243 in 2019, as published by the Department of Statistics Malaysia. The fortune shared by U.S.-educated brothers Lee Oi Hian and Hau Hian (No. Four property developers are on the top ten richest list, with Kuok Groups owner Tan Sri Robert Kuok (pictured) continuing his reign in the No 1 position with a net worth of US12.2 billion. Safe and rich, a true beauty of India. With a land area of 7,952km, Selangor currently registers a population of 6.5mil as of Q1, 2020, which account to around 20% of the total population of Malaysia at 32.7mil. Although the Forbes Malaysia Rich List has been declining for the past two years, the 2021 list saw the collective net worth amounting to US$90 billion, a rebound by 14% from US$79 billion in the previous year. Load my saved bookmarks, or Sources have it that the highest value on a property was at Binjai Park , KLCC where one of the worlds richest man bought a 20,000 feet penthouse for USD 13 million, equivalent to RM 52 million. In addition to schools and institutions, the village has a state-of-the-art gaushala. Buy Rent Condos New Teh Hong Piow $5.7 B Finance & Investments 5. This list was compiled using shareholding and financial information obtained from the families and individuals, stock exchanges, annual reports and analysts. Sometimes called the Beverly Hills of Malaysia, Mont Kiara is a popular spot among expatriates to live because of its proximity to three International schools, namely The Mont Kiara International School, Garden International School and French International School offering the American , British and French curriculum respectively. Quek is the co-founder of Hong Leong Group Malaysia and is currently the chairman and CEO. Forbes Malaysia 50 Rich List 2021: Robert Kuok leads again with 21 other property tycoons. Robert Kuok $11 B Diversified 2. The list was compiled using information from analysts, government agencies, the individuals, private databases, stock exchanges and other sources. Sources have it that the highest value on a property was at Binjai Park , KLCC where one of the worlds richest man bought a 20,000 feet penthouse for USD 13 million, equivalent to RM 52 million. At EdgeProp.my, you can find daily breaking news on property, and hundreds of thousands of properties for sale and rent with detailed information such as past transacted prices, maps and photos. Robert Kuok remains the richest Malaysian while the newcomers on the billionaires' list include WTK Holdings Bhd's Wong Kie Chie and PMB Technology Bhd's Koon Poh Ming. 2023 Malaysian telecom and oil tycoon Tan Sri Ananda Krishnan is fourth on the list, with net worth valued at US$5.7 billion (RM24 billion). This population is rising slowly but steadily over the years, with an increase in 0.03% from 2018 (6.48mil), and a 19% increase compared to 2010 (5.46mil). The neighbourhood has grown to be one of the trendiest and cultured communities in Malaysia. WebForbes Billionaires 2022: The Top 10 Malaysians on the List | Tatler Asia Robert Kuok remains the richest Malaysian while newcomers WTK Holdings Bhd's Wong Kie Chie and PMB Technology Bhd's Koon Poh Ming join the Forbes billionaires club. In February 2022, Chan also became the third Malaysian alongside Tan Sri Robert Kuok and Public Bank Group's Tan Sri Teh Hong Piow to be featured in the Bloomberg Billionaires Index top 500 list. The top 10 richest in Malaysia are: Robert Kuok; US$11.5 billion; Quek Leng Chan; $9.7 billion ; Ananda Krishnan; $5.9 billion; Chen Lip Keong; $5.3 billion; Teh Hong Piow; $4.85 billion Settled in Gujarat, India, it is wealthy in terms of urbn facilities and management systems. 11, $1.9 billion) and Top Gloves Lim Wee Chai (No. 24, $740 million) and Wong Teek Son of Riverstone Holdings (No. Nevertheless, some of the businesses have emerged as winners due to the pandemic, for instance, glove makers. Jalan Ampang is where you can find a rich array of International cuisine, including authentic Spanish, Italian, Japanese, Iranian, Thai, Indonesians and other restaurants. Jagasagar, established by Mistri railway contractor Jagamal Bhima Rathod in 1900, is one of two big lakes in the village. Some of the major up-coming township developments include Eco Forest in Semenyih, Gamuda Cove in the Southern Klang Valley, LBS Alam Perdana in Bandar Puncak Alam and more. There are 64 populated regions in Malaysia whose population exceeds 150,000 people. Put these on your list for a unique getaway. The media shy billionaire also owns Kerry Properties, which recently won a land rights bid for properties in a top Shanghai district for US$2.1 billion in January 2022. While the global list is actually losing members, two Malaysian executives join 234 other newcomers from all corners of the globe. Maraog is also known as the Apple King and the village has definitely made its place under the richest village in Asia. The large pool of skilled manpower number at 3.6mil, which is further supplemented by a growth of 60,000 graduates per annum, and a total of 173 institutes of high learning (according to Invest Selangor), UiTM among them. Koon Poh Keong & siblings $6.2 B Manufacturing 4. They settled in Dhaneti, a village near Bhuj, and then in Bhuj and Anjar. Here are 10 of the biggest multi-million Ringgit residential and commercial property deals in Malaysia in 2021, compiled with data from the National Property Information Centre (NAPIC)! Who did the seal of the Republic of the Philippines. The No 2 on the list is Tan Sri Quek Leng Chan with a net worth of US$9.6 billion. Related: Meet Nikhil Kamath, India'sYoungestBillionaire. *Asking price for each property is accurate as of May 9, 2019. Subscribe to EdgeProp.my's weekly property round-up and stay on top of real estate news, latest listings and events. The village has bn mr dvld thn mst of Indias urban ls. LokaLocal | Your Guide to Local Destinations & VR Storytelling Dharnai, a village located in Bihar, India, is a technologically advanced village. Fortunes often include assets owned by other family members. For retirees looking to stretch their savings, Malaysia is a destination worth considering. Mont Kiara is also home to many upscale eateries offering classy international fare and supermarkets offering imported items. An interesting note is also that many civil society and NGO leaders in Malaysia come from Bangsar, as do some of the leading local restaurant brand names. 5, $5 billion), whose holdings include stakes in telecom outfit Maxis and oilfield services provider Bumi Armada. Malaysias rubber glove makers, who were among last years biggest winners, faced a stark reality check. Related: The 10 Richest People In The Fashion Industry In 2021. Quek Leng Chan $10.1 B Diversified 3. The rising number of daily new cases in recent months and the reinstatement of movement control order (MCO) have added uncertainties to the economic recovery. Web1) Damansara Heights, Kuala Lumpur Which is the richest city in Malaysia? Bangsar is one of the oldest expat destinations in Malaysia and has a very retro feel to it. While the benchmark stock index was up a modest 2.5% since we last measured fortunes 15 months ago, the nations richest saw their combined wealth rise 14% to nearly $90 billion, after two years of decline. Ampang This Is The RICHEST House In Georgetown, Malaysia ? However, Malaysian Institute of Estate Agents (MIEA) president-elect Chan Ai Cheng said feedback from MIEA members in the month of June suggested that the sub-sale and rental market were back to pre-MCO level. Nestled in Himachal Pradesh, the main reason for its riches is that the village is a leading producer of Apples. The infrastructure has helped boost economic developments and will be a boon for the industrial sector, further opening up opportunities for new areas such as Kapar, Banting, Bandar Bukit Raja and Pulau Indah to become a strong platform, one that caters to the expansion of the industrial sector within Selangor. Today, its affluent legacy is visible in the beautiful Chinese mansions and colonial-era buildings found throughout its old town. NRIs and Patels from the hamlet account for 65 per cent of the deposits. The patriarch, who presides over a property and commodities empire, has a fortune of $12.2 billion and at age 97 is the oldest member of the list. 12, $1.6 billion) got a boost of more than a third as shares of their company Batu Kawan and its plantation subsidiary soared on rising profits. These complex terms hide the actions that most users perform every day mechanically. More: 6 Malaysian Financiers Predict The New Industries Impacting The Future. Ipoh was one of the wealthiest cities in Southeast Asia during the late 19th century thanks to the revenue generated from its Kinta Valley tin mines. Stay up-to-date, read all latest trending news from Trend To Review. Meanwhile, the Malaysian newcomers to join the billionaires club this year are WTK Holdings Bhd director Wong Kie Chie, who ranks at #1818 with an estimated net worth of US$1.6 billion (approximately RM6.7 billion), and PMB Technology Bhd founder and CEO Koon Poh Ming, ranking #2190 on the list with an estimated net worth of US$1.3 billion (RM5.4 billion). The majority of Madhapars inhabitants live in other countries such as the United Kingdom, the United States, and Africa, as well as Gulf countries. Collective net worth of Malaysia's richest rebound 14% yoy. Stories and news that might pique your interest, Subscribe to our newsletter to get updates about latest properties, Copyright 1995-2023 Star Media Group Berhad [197101000523 (10894-D)]. Tan Sri Teh Hong Piow founded Public Bank back in 1965 at the age of 35. Seven from last years list dropped out, notably the AirAsia duo, Tony Fernandes and Kamarudin Meranun, as the ongoing pandemic dimmed hopes of a revival in air travel. How many Trillionaires are there in the world? Five of them feature among the 50 richest, with two, Kuan Kam Hon (No 7, US$3.8 billion) of Hartalega Holdings and Tan Sri Lim Wee Chai (No 8, US$3.5 billion) of Top Glove, ranked in the top ten. Besides the banking industry, Hong Leong Group also ventures into property development under its property arm of GuocoLand (Malaysia) Bhd. 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Indonesias temporary ban on edible oil exports amid a drop in Malaysias palm oil production resulted in windfall gains for tycoons in that sector. Teh Hong Piow $5.7 B Finance & Investments 5. The 97-year-old patriarch, who presides over a property and commodities empire, has been the richest man in Malaysia for the past two decades. - Today we visit one of the best UNESCO heritage site situated here in Penang, Malaysia. This story is part of Forbes' coverage of Malaysias Richest 2021. Having survived the many decades of neglect and decay, the mansion has now been restored to its former glory of a stately home. WebPODCAST: Why Cristiano Ronaldo Is The World's Highest-Earning Athlete; 2017 Grateful Grads Index: Top 200 Best-Loved Colleges; Full List: The World's Highest-Paid Actors And Actresses 2017 This is a BETA experience. This story appears in the June 30, 2021 issue of Forbes Asia. In a pandemic year, as global demand for such protective gear exploded, Malaysian exports of rubber gloves doubled, boosting the wealth of the nations largest producers. See the full list here. Among the hardest hit were casino mogulsChen Lip KeongandLim Kok Thay. See the full listhere. Built at the end of the 19th century by one of local historys famous personalities, the Hai Kee Chan or Sea Remembrance Store had once served as the residence and office of Kapitan Cina Chung Keng Kwee. Yeah cited the well-developed road, rail, air and sea infrastructures and sophisticated business ecosystem as among Selangors major advantages. Madhapar, the richest village in Asia, is a very green town with lovely lakes, dams, and wells that supply fresh water all year. None of them, however, were wealthy enough to dislodgeRobert Kuokfrom his long-held perch as No. If you believe that the posting of any material infringes your copyright, be sure to contact us through the contact form and your material will be removed! This story appears in the June 30, 2021 issue of Forbes Asia. He said Selangors High-End Investment Drive policy package could aim to attract the development of industrial research and development, and innovation centres as well as the creation of hubs for the provision of high-value professional, scientific and technology services. New York City alone houses more billionaires than almost any country in the world with 113 billionaires. Five new entrants added a fresh dimension to the list this year. In exchange for the correct login-password pair, you get access to your finances or email. Forbes Medias brand extensions include real estate, education and financial services license agreements. Excluding the federal territory, Selangor is the second wealthiest state with a per capita income of RM54,995 in current prices behind top-ranked Pulau Pinang at RM55,243 in 2019, as published by the Department of Statistics Malaysia. The company, which Loi and his brother Tuan Kin started in 2007 and which went on to get the backing of Malaysian sovereign wealth fund Khazanah Nasional, has five dairy farms in Malaysia and one in Australia. All rights reserved. There are 17 banks in the village and several pucca dwellings. Put these on your list for a unique getaway. Madhapar, the richest village in Asia was founded by the Mistri Community of Kutch, along with 18 other families. CLICK HERE FOR THE FULL INTRODUCTION AND METHODOLOGY. See also: The Worlds Highest Paid Athletes Ranked. WebThis article discusses the list of cities within Malaysia. The neighbourhood has grown to be one of the trendiest and cultured communities in Malaysia. Other broader measures of wealth include physical and financial resources, human capital, scientific knowledge and technological base, said Yeah. WebDivert Living. Looking for more exposure? 45) saw the biggest percentage drop in their wealth, which shrank by more than two-thirds to $340 million. Yeow Chor and Yeow Seng are the sons of the late Tan Sri Lee Shin Cheng, a business magnate and philanthropist who founded IOI Group - a conglomerate that focuses on palm oil plantation, property, retail and hospitality. As of 2022, 19 areas in the country are officially termed cities by law. Meghraj Lake, named for the Kutch States final monarch, is the second largest lake. It holds a record of 60 millionaires in the village. Besides alleviating congestion and reducing the travel time through the coastal areas, the expressway augurs well for the logistics segment and supply chain management. Web1) Damansara Heights, Kuala Lumpur Which is the richest city in Malaysia? The 97-year-old patriarch, who presides over a property and commodities empire, has been the richest man in Malaysia for the past two decades. More: Mamee Double-Decker Scion Vuitton Pang Strikes Out on His Own. With a net worth of US$2 billion (RM8.4 billion), Genting Singapore chairman Tan Sri Lim Kok Thay holds his spot among the 10 richest in Malaysia. All materials are posted on the site strictly for informational and educational purposes! The neighbourhood has grown to be one of the trendiest and cultured communities in Malaysia. SINGAPORE (June 9, 2022) The combined wealth of tycoons on the 2022 Forbes list of Malaysias 50 richest fell 10% from a year ago to US$80.5 billion. Manufacturing investment value (2019): RM17.04bil, Domestic direct investment (2019): RM6,625.4mil. Ipoh. In 2020, the average mean monthly salary in Malaysia was around 2.9 thousand Malaysian ringgit. Excluding the federal territory, Selangor is the second wealthiest state with a per capita income of RM54,995 in current prices behind top-ranked Pulau Pinang at RM55,243 in 2019, as published by the Department of Statistics Malaysia. Seven from last year dropped out, notably the AirAsia duo, Tony Fernandes and Kamarudin Meranun, as the ongoing pandemic dimmed hopes of a revival in travel. Owning a property in these places puts you as one of the 10% of wealthiest Malaysians, as apartments here are on the high end of the property spectrum and are worth at least several million Ringgit. Tan Sri Chen Lip Keong, founder of Hong Kong-listed NagaCorp Ltd which owns and manages the largest hotel and gaming resort in IndoChina NagaWorld takes the ninth place with a net worth of US$3.4 billion. This year also saw the return ofLim Kuang Sia, who controls Kossan Rubber Industries with his siblings, andStanley Thaiwho cofounded and runs Supermax Corp. with his wifeCheryl Tan. The nephew of Hap Seng Group founder, the late Tan Sri Lau Gek Poh, Tan Sri Lau Cho Kun is the largest shareholder in Hap Seng Consolidated. LokaLocal | Your Guide to Local Destinations & VR Storytelling BrothersTan Yu Yeh andYu Weiof Mr D.I.Y. Among the hardest hit were casino moguls Chen Lip Keong and Lim Kok Thay (No 11, US$2.55 billion). The top 10 richest in Malaysia are: Robert Kuok; US$11 billion; Quek Leng Chan; $10.1 billion; Koon Poh Keong & siblings; $6.2 billion; Teh Hong Piow; $5.7 billion; Ananda Krishnan; $5 billion See also: GoGet Founder Francesca Chia on Entrepreneurship and Female Leadership. WebDivert Living. WebPODCAST: Why Cristiano Ronaldo Is The World's Highest-Earning Athlete; 2017 Grateful Grads Index: Top 200 Best-Loved Colleges; Full List: The World's Highest-Paid Actors And Actresses 2017 Demand for personal protective gear deflated as the pandemic abated, knocking down shares of their companies. Punsari is another one of the richest villages in Asia. 307K subscribers. Teh Hong Piow $5.7 B Finance & Investments 5. But the country is now grappling with a surge of Covid-19 cases. Shares of their Press Metal Aluminium Holdings were up as the metals prices recovered, adding $3.4 billion to their wealth and propelling Koon and his brothers to third place. Population growth, recovering property market and industrial potential point towards prosperity, By Viktor Chong viktorchong@thestar.com.my. The effects of the movement control order (MCO) mostly affected the secondary market mainly because buyers and tenants need to view the property before committing to the transaction.
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