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 […]
Tradewinds Square, An ambition higher than Merdeka 118
Timeline Description 1969 Pernas International Holdings was established as an early Malaysian state linked asset management company. 2004 The company was renamed Tradewinds Corporation Berhad under the control of Syed Mokhtar Al Bukhary. 2011 Tradewinds Square was officially unveiled with plans for a 775 metre supertall tower in Kuala Lumpur. 2012 The group announced plans […]
Astro Malaysia, loses World Cup exclusivity after 20 years
Timeline Description 1996 Astro Malaysia was founded by Ananda Krishnan and introduced satellite pay television to Malaysia. 2010 Astro Malaysia was privatised before being relisted on Bursa Malaysia in 2012. 2012 The company reached peak investor confidence as a dominant dividend stock with market capitalisation exceeding RM15 billion. 2018 Streaming platforms and piracy began eroding […]
Grand Millennium KL, From Regent Legacy to Hong Leong Empire
Timeline Description 1983 Landmarks Holdings Berhad acquired Sungei Wang Plaza and adjacent land in Bukit Bintang. 1989 Regent Kuala Lumpur was developed and ownership transferred to City Developments Limited under Kwek Leng Beng. 2007 The hotel was rebranded as Grand Millennium Kuala Lumpur after a major refurbishment. 2008 CapitaLand acquired a controlling stake in Sungei […]
KKV, MR DIY’s Second Growth Curve
Timeline Description 2019 KKV launched its first store in China and began scaling as a lifestyle retail concept. 2020 MR DIY Group Berhad listed on Bursa Malaysia, cementing its position as a domestic retail leader. 2024 MR DIY acquired a 49 percent stake in KKV Supply Chain Sdn Bhd to enter the mid income retail […]
Fahrenheit 88, Repricing a Legacy Mall in Bukit Bintang
Timeline Description 1980s KL Plaza was developed by Berjaya Group as a pioneering retail complex in Bukit Bintang. 2007 Berjaya Group sold the retail and residential components for 470 million amid rising asset valuations. 2010 The property was redeveloped and rebranded as Fahrenheit 88 with a youth focused retail positioning. 2021 to 2026 Asset repositioning […]