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Dalian Wanda Group, the troubled Chinese property-to-entertainment giant, has abandoned its bid for the property portion of the Kuala Lumpur-Singapore high-speed rail project, the biggest of its kind in Malaysia, only three months after being considered a front runner.
Beijing (AFP) - Chinese conglomerate Wanda Group signed a $3.5 billion deal on Tuesday to buy Hollywood studio Legendary Entertainment, the maker of blockbusters "Jurassic World" and "Godzilla", dubbing it China's biggest-ever cultural takeover.
BEIJING: Dalian Wanda Group, owned by China's richest man, has expressed interest in investing some USD10bil (RM43.4bil) in the Bandar Malaysia project.
Wanda Hotel Development to make a gain of about HK$434 million from sale
PETALING JAYA: Prime Minister Datuk Seri Najib Razak will be meeting with China's richest man Saturday to talk about Dahlian Wanda Group's involvement in Bandar Malaysia, government source tells The Star.
JAKARTA/TIMIKA, Indonesia (Reuters) - Indonesia on Friday began evacuating villages that authorities said had been occupied by armed separatists after a string of shootings near the giant Grasberg copper mine operated by Freeport McMoRan Inc in the eastern province of Papua.
JAKARTA/TIMIKA, Indonesia (Reuters) - Armed separatists have occupied five villages in Indonesia's Papua province, threatening to disrupt Freeport-McMoRan Inc's giant Grasberg copper mine, which has already been hit this year by labour unrest and a dispute over operating rights.