Prospective buyers looking at a model of a township development in Iskandar Malaysia, Johor. Jho Low helped draw Mubadala Development Co from Abu Dhabi to Malaysia to make its first overseas real estate ventur e in Iskandar in 2007. However, the global crisis had thrown the Arab property world into disarray and that slowed down the development of the Medini parcel.
LOW Teik Jho (pic), or better known as Jho Low became a noticeable figure in the Malaysian corporate scene when investments from Abu Dhabi in the United Arab Emirates started to make their way to the local shores.
The most notable was the facilitation of the entry of Abu Dhabi Commercial Bank (ADCB) into RHB Capital Bhd in 2008, at a price-to-book value of 2.2 times at RM7.20 per share. This was considered to be on the high side of banking valuations.
Get 30% off with our ads free Premium Plan!
