Daim Zainuddin was pronounced dead at 8.31am at the Assunta Hospital in Petaling Jaya, Selangor on November 13, 2024. — Bernama picRM10 bonusKUALA LUMPUR, Nov 13 — The passing of the former sixth Finance Minister, Tun Daim Zainuddin, can be considered a great loss for the country as a whole and the business community, particularly in the banking and real estate sectors.He received his early education at the Seberang Perak Malay School, Alor Setar, Kedah.
During his first tenure as the finance minister, Daim not only helped restore the country’s economy but also enabled Malaysia to record an economic growth that was among the highest in Asia. The company played a key role in developing two townships in Kuala Lumpur, namely Taman Maluri and Taman Bukit Maluri.
The move showcased Daim’s foresight in establishing a financial institution in Switzerland, a recognised hub for international banking.