PDZ needs of some kind of business revival. The loss-making container shipping firm is still reeling from the industry’s downturn since the 2008 economic crisis.
LOW-PROFILE tycoon Tan Sri Robert Tan Hua Choon seems to be on a roll to unlock the values of some his listed companies. His modus operandi: the entry of new shareholders that bring with them new businesses.
The 72-year-old, dubbed the elusive “Casio King”, only last month saw his Malaysia Aica Bhd (Maica) make headlines after it received a takeover offer from property developer Sunsuria Development Sdn Bhd. The move sent Maica shares sky rocketing by some 60%.
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