THE Lion group intends to invest US$2.7bil over the next 10 years to expand its core businesses both at home and abroad, with a big chunk going to China, said its chairman Tan Sri William Cheng.
He said that given its success in China, the group would allocate US$1.5bil for further investment in that country. The balance of US$1.2bil would be invested in Malaysia, Vietnam and Mexico, he told Malaysian journalists during a trip to north-east China organised by the Associated Chinese Chambers of Commerce and Industry of Malaysia.
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