Serba Dinamik, A Capital Myth Built on a Bubble
Timeline Description 1993 Serba Dinamik Holdings Berhad was founded by Mohd Karim Abdullah as a maintenance and engineering service provider. 2017 Serba Dinamik was listed on Bursa Malaysia, achieving rapid valuation growth post listing. 2020 Revenue exceeded RM8 billion, driven largely by overseas engineering contracts. 2021 KPMG raised concerns over RM3.5 billion in transactions, triggering […]
KSL, the RM15 Billion Bet
Timeline Description 1981 KSL Holdings Berhad was founded in Segamat, Johor by Tan Sri Khoo Cheng Hai @ Ku Cheng Hai and his brothers after years in the construction industry. 1982 The group formally entered property development and focused heavily on Johor rather than Kuala Lumpur, accumulating large tracts of freehold land at low cost. […]
Genting Hong Kong，the Collapse of a Cruise Empire
Timeline Description 1993 [Genting Hong Kong] began as Star Cruises after [Tan Sri Lim Kok Thay] acquired two cruise ships with support from [Tan Sri Lim Goh Tong], marking Genting’s expansion beyond Malaysia. 2000 Star Cruises listed on the Hong Kong Stock Exchange and acquired [Norwegian Cruise Line] for about US$1.9 billion before rebranding as […]
Kompleks Dayabumi, the Legacy of UDA Holdings
Timeline Description 1971 The Malaysian government established the Urban Development Authority to spearhead planned urban development across commercial, industrial and residential sectors. 1976 UDA launched Bandar Baru UDA in Johor and officially opened Hentian Puduraya under the administration of Tun Hussein Onn. 1979 UDA established Peremba Berhad and commenced the first phase of Kompleks Dayabumi […]
Genting Singapore，the Rise of Southeast Asia’s Casino King
Timeline Description 1984 Genting Singapore was originally incorporated as Genting Overseas Limited in the Isle of Man to spearhead overseas investments for the wider Genting group. 1985 Tan Sri Lim Goh Tong expanded into Australia and the Bahamas through casino developments, laying the foundation for international gaming operations in regulated markets. 1986 to 1987 The […]