THE SYED MOKHTAR FACTOR the Tycoon’S Involvement in Ecoworld Indicates a Much Bigger Role in the Merger with UEM Sunrise and Deep Ties with Liew Kee Sin
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WEEKLY ISSUE 279 PP 13917/10/2012 (030948) Peninsular Malaysia RM4.50 | Sabah & Sarawak RM5.50 www.focusmalaysia.my APRIL 7-13, 2018 HeveaBoard’s differentiation strategy to sustain profits P. 8 SUBSCRIBER COPY/NOT FOR RESALE SUBSCRIBER COPY/NOT Prudent Deleum focuses on core biz O&G services player cautiously optimistic on sector’s recovery. P.13&14 Comintel’s FocusLife tough task to turn around Banking on bids for ‘We have jobs worth RM600 mil after disposing of only profitable unit. P.14 weathered Sporty Three FourStar in the Cashless boost P. 5 fitness with QR code DECEMBER 2019 running for influencers the storm’ payment 14 immigrationProperty impart tips Sapura Energy Bhd group on how to CEO Tan Sri Shahril systemEnter the dragon stay fit and Shamsuddin feels the re-tender fashionable. worst is over. The group P.14 Read has strengthened FITNESS MEETS about it in its presence in five FASHION P.16&18 THREE SPORTY INFLUENCERS IMPART THEIR TIPS ON HOW TO STAY FIT AND FABULOUS. PURSUIT continents despite the DECEMBER 2019 DECEMBER 2019 1 P.IV&V turmoil in the oil and 00362 PP 19339/05/2018 (034908) gas sector. P.10-12 9 772289 234001 www.focusmalaysia.my Peninsular Malaysia RM3.50 NOV 30-DEC 6, 2019 WEEKLY ISSUE 362 A reprieve for F&N Government Bursa’s new house buyers hampered by should focus regulation CEO, following Federal rising cost, on real issues what does it Court ruling P.12 competition P.15 P.22 mean? P.29 THE SYED MOKHTAR FACTOR The tycoon’s involvement in EcoWorld indicates a much bigger role in the merger with UEM Sunrise and deep ties with Liew Kee Sin. P.8&9 2 contents FocusM | Nov 30-Dec 6, 2019 Syed Mokhtar a key player in ECW-UEMS merger? • Through a web of linkages, the tycoon emerges as the largest shareholder of ECWD. He would not only benefit from an entity with a larger landbank but also the possibility of injecting some of his land assets into the merged company 15 P.8&9 24 ▪ Mainstream ▪ Columns 16 26 10 A Question of Business: Raising 28 QuestionTime: As Sri Ram enters revenue through the anti-money Taman Rimba fray, should Khalid laundering law Samad be sued? 12 Federal Court verdict on EOT a 29 PoundFoolish: Bursa Malaysia welcome relief for homebuyers has a new regulation CEO. So 14 A re-tendering for the RM2.5 bil what? immigration system? 30 Social protection necessary to 15 Intensifying competition, price quickly end poverty, hunger pressures weigh on F&N 16 Sime Darby: New year sees con- ▪ Markets tinued portfolio rationalisation 31 Boycott Black Friday, save the 18 MSPO-certified palm oil may world 20-21 not command a premium price 28 20-21 Will Westports 2 be a game ▪ Income+ changer for the company? 32 Underserved SMEs are driving 22 Government should focus on the the growth of P2P financing real issues for the country’s sake 34 Face up to financial reality ▪ Property ▪ Focus Lite 23 Share units in strata properties: Time bombs, one after another 36 Couple enrich themselves with SEGi’s PACE 24 Indian hotel chain Oyo targets more rooms in Southeast Asia 37 Kenanga focuses on ethics and integrity 25 Gamuda Cove to commence water theme park at end-2021 22 30 26 Difficult road ahead for WeWork EDITORIAL CUSTOMER HOTLINES Editor-in-Chief: P Gunasegaram | Executive Editors: Amie Ong, Doreenn Leong | Tel: 603-7710 3883 Senior Writers: Emmanuel Samarathisa, Ranjit Singh | Writers: Xavier Kong, Sharina Ahmad, Chee Jo-Ey | Fax: 603-7710 3882 Sub-Editor: Geraldine Tan | Senior Designers: Eugnice Han, Quek Chun Leng | Editorial: Ext 106 Designer: Purvinn Raj Chai | Photographer: Iqbal Ismail Email: [email protected] CORPORATE Advertising: Ext 107 Executive Director, Business Development: Christopher Ang Email: [email protected] ADVERTISING Circulation: Ext 122 Email: [email protected] Sales Director: Pearly Ng (012) 2012139 | Sales Manager: Kelvin Ng (018) 2928861 | Sales Support Executive: Parimala Devi (012) 2424122 | Subscription: Ext 122/101 Account Manager: Aznul Faizal Ahmad (019) 3953552 Email: [email protected] EVENTS & MARKETING Sales Director: Jasmine Cheng (017) 2717722 | Senior Manager: Terry Chong (012) 7086833 | Manager: Sharon Lee (016) 3301571 | Sales Manager: Simon Lim (016) 2383715 | Focus Malaysia is published by: Account Manager: Matthew Foo (012) 4803141 Milan Integrasi Sdn Bhd (1251956-W) CIRCULATION & PRODUCTION Unit 6.13, Level 6, 1Tech Park, Manager: Kanna Matthew (012) 5070750 | Executive: Silas Emmanuel (014) 640 4733 Jalan Tanjung Bandar Utama, 47800 Petaling Jaya, 23 Selangor Darul Ehsan 32 FM_KIBAd_25Nov2019_Final OL.pdf 1 26/11/2019 4:08:02 PM Nov 30-Dec 6, 2019 | FocusM | 3 C M Y CM MY CY CMY K 4 mainstream FocusM | Nov 30-Dec 6, 2019 Focus Malaysia goes online daily and prints monthly A selection of past covers by P Gunasegaram Weekly Editor-in-Chief COMPLIMENTARY COPY – NOT FOR SALE PP 13917/10/2012 (030948) www.focusmalaysia.my PP 13917/10/2012 (030948) Peninsular Malaysia RM4.50 | Sabah & Sarawak RM5.50 www.focusmalaysia.my MAY 31-JUNE 6, 2014 Weekly issue Inside Defining the ‘true north’ | Idris Jala on how ETP has spurred the country’s economic growth ... page 16 mainstream mainstream 001 WEEKLY WEEKLY ISSUE Slow and steady for Asean airline plan Ho Wah Genting must do more Pestech hitches ride on SEA power demand ISSUE Lifeline for Perwaja | Set to return to profitability after securing iron ore mining concession ... page 26 insurer P&O ... page 16 scuttled ... page 14 Shareholders demand loss-making company come Electric-power technology company to expand products 078 People & Life 038 up with a turnaround plan ... page 18 and services under three-year blueprint ... page 13 16pages of mainstream A picture December 8-14, 2012 Dear Reader, of grace BUSINESS ANALYSED Aug 24-30, 2013 and grit Wah Seong CHERMAINE gears up for Poo shows gumption and Inside: renewable backbone in scaling the heights of the 16 pages of energy business glamour world YTL ripe for Focus Learning ... pages 8-9 PENINSULAR MALAYSIA RM4.50 | SABAH & SARAWAK RM5.50 O&G services company PP 13917/10/2012 (030948) | PENINSULAR MALAYSIA RM4.50 | SABAH & SARAWAK RM5.50 MALAYSIA supplement pg26 re-rating ... page 18 earmarks renewable energy THIS will be the last copy (Issue 362, Nov 30-Dec 6, as its next growth catalyst ... page 08 Shares of KPJ 2019) of the weekly print (and digital) edition - after attractive? mainstream Healthcare group’s mainstream price correction See brothers follows adverse court decision unite to fight off seven years in operation. It’s because Focus Malaysia is Corn man Cash in or ... page 24 Can-One’s Yeoh cash out? 2014 looks Once divided, Nelson EPF has to murky for brothers now join heads decide whether Top Glove forces to prevent to subscribe to sale of Kian Joo Can Kinsteel Bhd MD, Perwaja Holdings Bhd chairman, Hubline Bhd CEO, Unisem (M) Bhd chairman and group MD, west MAS rights issue Rubber glove maker JCY Inter- Factory Tan Sri Pheng Yin Huah Tan Sri Abu Sahid Mohamed Dennis Ling Li Kuan John Chia Sin Tet catching up in the digital race. We will transform into has hands full with ... page 12 national powers ... page 16 Labour nitrile competition shortage at Wynton Private Equity Group .... page 22 ahead of HDD home forces peers Nelson’s to Indonesia an online business news portal focusing on news, fea- and Africa to farm Hard disk drive sweet corn Eversendai component maker ... page 38 undervalued rebounds strongly while Notion VTec despite gains flounders Masterskill Education Group Bhd ex-CEO, Scomi Group Bhd group CEO, Melewar Industries Group Bhd executive Globaltec Formation Bhd group exec Jho Low Datuk Seri Edmund Santhara Shah Hakim Zain chairman, Tunku Yaacob Abdullah chairman, Datuk Goh Tian Chuan Syed Share price ... page 22 tures and opinion and a monthly print publication. Halim’s struggles despite Mokhtar’s strong financials Pullout Focus Malaysia ‘demolition and track record MAY 31-JUNE 6, 2014 derby’ ... page 20 Three old buildings in KL to cash cow be torn down FocusView high flier The work to officially launch the news portal on Jan Silterra at a ... page 31 Leave MAS The TAN SRI HALIM SAAD, management How a 31-year old has crossroads reinvention alone Trading Khazanah Nasional corporate high-flyer of linked up with top politicians, on fashion Tanco Holdings Bhd group MD, Mulpha International Bhd executive Blacklist PTPTN No sequence Andrew Tan of Andrews may be unwilling to Datuk Tan Jing Nam chairman, Lee Sheng Huang Models is head honcho of guanxi of the much-anticipated royal families and Hollywood KL Fashion Week, a five- the 90s, has surfaced as loan defaulters day platform connecting stomach more capital designers with retail 1 has already started. There will be “wet-testing” for opportunities to success ... pages 04&05 ... page 05 celebrities ... pages 10-12 outflow for wafer fab ART of the frontrunner to take over the Malaysian Genomics unit nurturing Resource Centre’s ... page 20 Wheat or benchmark 16A royal cruisepages Angling for adventure National Feedlot Corp cattle- Since being cast in popular 1970s business ties, Munirah Abdul Extreme angler adventurer Jeremy Wade television series The Love Boat, shares his experiences fishing for monsters Princess Cruises has made dreams and being the star of his own television come true for more than 1.7 million programme ... pages 08&09 people from around the world Chaff annually ... pages 12&13 the Chinese way, has farming project. He is also linked Hamid has made Overpaid uploads of articles and features during the whole evolved to keep up SapuraKencana some unorthodox decisions in her Focusview with technology to three other mega ventures Bob Chua to snap up Labuan WEEKLY ISSUE 279 PP 13917/10/2012 (030948) Peninsular Malaysia RM4.50 | Sabah & Sarawak RM5.50 www.focusmalaysia.my APRIL 7-13, 2018 journey to becoming Justice should not be delayed ..