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Malaysia has attracted a fifth of its initial investment target for a huge development project close to Singapore, and signed leisure deals for the project with luxury Aman Resorts and a budget hotel linked to no-frills carrier AirAsia, officials said.
What do Hillary Clinton, Singapore senior minister Lee Kuan Yew and local funny man Afdlin Shauki have in common? They were all born in the Year of the Pig and are meant to be smart cookies who make great partners andappreciate the finer things in life.
Wilmar International Ltd has made a US$1.1bil voluntary general offer for Bursa Malaysia-listed PPB Oil Palms Bhd.
Singapore-based Wilmar International Trading Ltd is likely to make a takeover bid for PPB Oil Palms Bhd, the listed plantation arm of PPB Group Bhd.
Hexagon Holdings Bhd's share price has risen by about 30% in the past month or so on positive news flow and potentially higher revenue driven by the expansion of oil giants into the retail segment in emerging Asian markets, said analysts.
Shangri-La Hotels (M) Bhd has successfully raised room rates and, noticing that, investors in the stock market sent its share price to an eight-year high of RM1.90 on Monday.
Billionaire Robert Kuok owns newspapers and a television station but his evasion of the media cloaks him in mystery. Known as the master of networking, he has one of the best links with the leadership of China, one of the fastest-growing economies, but the Johor-born businessman is still very much a Malaysian at heart. CELESTE FONG, who joined the Tourism Ministry delegation which called on Kuok at his Hong Kong office, got a rare glimpse of the man.