The company was primarily involved in housing development and also owned a textile subsidiary (Gale, 1985: 122-23). ... investment holding), and Lien Hoe Development Sdn Bhd (property development) (KLSE Annual Companies Handbook, 1988: 556-58). ... Huaren Holdingsa#39; company records, however, do not indicate ownership of this major bank. ... of assets by the late 1980s, Daima#39;s companies also paid MPHB RM125 million in cash to acquire the 41 per cent stake in UMBC.
|Author||:||Edmund Terence Gomez|