PETALING JAYA: Reliance Pacific Bhd, which operates the famous Avillion Hotel in Port Dickson, has seen a reshuffle in its management following the entry of the family of Tun Daim Zainuddin as the company’s single largest shareholder.
The former Finance Minister’s wife Toh Puan Mahani Idris and son Datuk Md Wira Dani Abdul Daim are substantial shareholders in Reliance by virtue of their interests in Ibu Kota Developments Sdn Bhd that has a 30.96% according to the latest filings. Ibu Kota was holding a mere 4.5% two months ago earlier this year.