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Hotels

Sjamsuls Grand Gesture

Tuesday, December 5, 2006

Tuan Sing Holdings intends to acquire the Grand Hotel Group, the largest hotel network in Australia.

arsip tempo : 178039778456.

. tempo : 178039778456.

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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