BNL research report - 15c price target (46c unrisked price target), page-26

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Kie Chie Wong is a Malaysian-born investor and businessman based in Australia, known for his significant investments in the mining and energy sectors.

Background and Wealth

• Birthdate: April 4, 1948

• Age: 77

• Citizenship: Malaysia

• Residence: Sydney, Australia

• Net Worth: Approximately $1.73 billion as of 2025 (Goodreturns, DataSF)

Wong amassed the majority of his wealth through a minority stake in Fortescue Metals Group, an Australian iron ore company. In 2003, he acquired a 26.5% stake in Fortescue for about $1 million, aligning himself with billionaire Andrew Forrest. This investment significantly contributed to his billionaire status. (Realtime Billionaires)

Business Interests

Beyond Fortescue, Wong has diversified his investmentsRealtime Billionaires)

• Blue Star Helium Limited (ASX: BNL): As of March 2025, he holds approximately 73.8 million shares, representing about 2.74% of the company's issued capital.

• WTK Holdings Bhd: He has served as a director in various subsidiaries of this Malaysian conglomerate, which operates in timber, real estate, and industrial sectors. (MarketScreener)

Personal Life and Real Estate

Wong maintains a low public profile. He resides with his wife, Ann Lim, in Maroubra, a suburb of Sydney. In 2021, the couple purchased "Braebrook," a luxury cattle and thoroughbred farm in Sutton Forest, New South Wales, for $9.4 million. (Realtime Billionaires, Australian Financial Review)

Education

Wong holds an undergraduate degree from the University of New South Wales. (MarketScreener)

Despite his substantial wealth, Wong is known for his discretion and limited public exposure.

Kie Chie Wong is a significant shareholder in Blue Star Helium Limited (ASX: BNL), an Australian company focused on helium exploration and development. As of March 2025, he held approximately 73.8 million shares, representing about 2.74% of the company's issued capital, placing him among the top five shareholders .(bluestarhelium.com, bluestarhelium.com)

His shareholding has increased notably over time; in 2023, he held around 23.8 million shares (1.23%) . This substantial increase suggests a strong belief in the company's prospects.(bluestarhelium.com)

Beyond his investment in Blue Star Helium, there is limited public information available about Kie Chie Wong's background or other business interests. He does not appear to hold a public executive role within the company, nor is he prominently featured in major business media or investor profiles.