For mainland Chinese entrepreneur Wang Chaoyou, joining a Hong Kong delegation to the Middle East has fast-tracked his entry into the emerging market of Kuwait after an earlier attempt to gain a foothold fizzled out.
“We were in discussions on a deal but couldn’t reach a consensus on the shareholding ratio – they asked for half, which I couldn’t accept,” said the chairman of Shanghai-based Dongchao Technology.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
