Johor royals strike again
From Holland Road to U Mobile.
I ran into the usual rut of trying to pick what to write about in today’s newsletter, hence the delayed send.
These content creation newsletter problems never get old.
But I’ll just tackle the flashiest of them all: the latest deals around the House of Johor. We have a cross-border one to boot.
And I have two business-y extras:
→ A former Khazanah hand who never really left Malaysia
→ A closer look at collectibles startup Collektr’s “eight-figure revenue”
As I was prepping this brief, Victor Chin — the businessman at the centre of “corporate mafia” allegations — released a statement yesterday.
He really does know how to keep the story going, albeit annoyingly so.
In tomorrow’s edition, I’ll put his latest comments in proper context before anyone buys the narrative.
Looks like we’re in for some good holiday reads.
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Malaysia’s most commercially active royal family strikes again with two significant moves, one in each country.
In Singapore, the Johor regent is advancing plans to transform ancestral real estate into one of the city-state’s most exclusive new residential enclaves.
In Malaysia, the family is consolidating control of the nation’s second 5G telco network ahead of an anticipated IPO.
I’ll begin with the Singapore deal.