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Hotel magnate Ong Beng Seng won control of NatSteel Ltd yesterday, but only by a wafer-thin margin, ending an eight-month takeover battle for the cash-rich steel miller.
HE is a man of taste and ideas. Well-travelled and worldly, this owner knew exactly what he wanted and he went out to build one of the finest dwellings that have ever stood in Damansara Heights. But circumstances have a strange way of making plans go awry. And so man may build. But he need not necessarily be the one to enjoy the passion of his labour.
SIEMENS Transportation Systems Group (TS) has taken over the 179km Rawang-Ipoh double-tracking and electrification rail project from the consortium which it was originally a part of and which included Bombardier Transportation and Balfour Beatty.