BUSINESSMAN Tan Sri Lim Kang Hoo is understood to be looking to take over Adil Permata Sdn Bhd, the company given the mandate to build a RM3.7 billion rail link connecting Bukit Chagar in Johor Baru to Woodlands in Singapore, dubbed the Rapid Transit System Link (RTS Link), sources say. “It’s a matter of fulfilling some conditions (precedents), then he will take over Adil Permata. From what we gather, it’s a done deal,” one source says. Another source from Johor says he has heard that Lim was brought in to speed things up at the RTS Link.
KUALA LUMPUR, May 21 The Minister of Finance (Incorporated) MoF Inc may provide financial assistance to ailing oil-and-gas giant Sapura Energy Bhd, according to.
AT the end of last month, tycoon Robert Kuok Hock Nien was in the news twice. This is novel, considering that the billionaire Malaysia’s richest individual with an estimated net worth of US$11.6 billion (RM50.7 billion) by Forbes magazine is very low key. On April 29, the government announced the approval of five .
NEWS of Malaysian Industrial Development Finance Bhd (MIDF) possibly merging with MBSB Bank Bhd has reignited interest in consolidation within the local banking industry.