Sjamsuls Grand Gesture

AFTER escaping the law and living comfortably in Singapore, Sjamsul Nursalim has been busy. On Tuesday last week, Tuan Sing Holdings, Sjamsuls parent company in Singapore, made an A$336-million bid for the Grand Hotel Group stocks, which instantly triggered gossip at the Australian stock exchange.

The point is, early in November, this company offered an A$285-million price to take over 74.96 percent of the stocks of the Grand, the owner of seven t

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