LITTLE is known of Johor-based Seaview Holdings Sdn Bhd – the company that will be taking up a majority stake in Damansara Realty Bhd (D-Realty) from state investment arm Johor Corp Bhd – except that it is partly owned by an individual with links to the state’s royal family.
Datuk Daing A Malek Daing A Rahaman, one of the two main shareholders of Seaview, is a member of the Council of the Royal Court of Advisers to the Sultan of Johor. He is said to be a long-time friend to the present Sultan and his father.
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