No stopping Country Garden
Country Garden, Kayson Yuen China developer and KPRJ plan to reclaim 5,000 acres for a man-made island project off Johor. (June 16, 2014) The property slowdown in China and Hong Kong is not a deterrent for China’s property developer Country Garden Holdings Co Ltd. The company, together with Johor’s economic development...
PRC fund CIC under fire over overseas losses
[Editor's note: Even SWFs in Communist China are transparent about their losses] (18 Jun 2014) China Investment Corporation, the world’s fourth-largest sovereign wealth fund, has been accused by the country’s top auditor of mismanagement, dereliction of duty and poor due diligence just seven years after its inception. The...
Citilink & AirAsia refuse to acquire Tiger Air subsidiary
Ailing low cost carrier Tigerair Mandala looks to disappear as both Citilink and AirAsia confirmed to have dropped plans for acquiring the low cost carrier. (17 June 2014) Consider it as a double blow within a week time. Struggling Tiger Airways subsidiary in Indonesia, Tigerair Mandala has seen both Citilink and AirAsia...
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