The Great Capital Shift of Lion Group
Timeline Description 1978 William Cheng founded Amsteel and secured licences that enabled dominance in Malaysia long products steel market, generating strong profits used for leveraged expansion. 1987 Amsteel acquired Chocolate Products for about 43 million and launched Parkson, establishing a retail arm and a listed vehicle for restructuring and financing. 1993 The group initiated the […]
OSK and PJD, A 20-Year Story in the Making
Timeline Description 1965 PJ Development was incorporated and began accumulating strategic land in Kuala Lumpur and Petaling Jaya. 1990 OSK Holdings, led by Tan Sri Wong Toon Kwong, took control and initiated operational restructuring. 2011 PJ Development acquired Faber Tower and enhanced its asset value through refurbishment. 2016 PJ Development was privatised and fully integrated […]