Donald Lim .... and the Nexus of Evil
9th Octb 2007
Sithru Sdn Bhd and PJI Holdings have jointly clinched a US$350mil (RM1bil) deal to construct a 17km highway in Sri Lanka.
A letter of intent was recently awarded to Sithru by the Sri Lanka government for the construction.
Sithru managing director S. Thiruneelakanda said the letter of award for the project, yet to be issued, would be given to both parties.
"We hope to start the project by early next year," he added at the signing of the memorandum of understanding (MoU) between Sithru and PJI in Kuala Lumpur on Saturday.
The construction is scheduled to be completed in three years. The highway will stretch from Galle Face to Malabe in Colombo, specifically from Colombo's fort area into the central business district, which would then connect with an outer circular highway. It will help to ease the traffic congestion in Colombo.
Thiruneelakanda said Sithru and PJI would seek to employ Sri Lankan contractors and consultants for the project, as they would be more knowledgeable about construction details in their country.
Deputy Tourism Minister Datuk Donald Lim and Sri Lankan Minister of Highways and Road Development Jeyaraj Fernandopulle witnessed the MoU signing.
LIST OF TOP 30 SHAREHOLDERS AS AT 16 OCTOBER 2007
Koh Tiew Seng 13,543,830 million shares or 3.34 per cent of the company.
Koh is Donald's wife.PJI gains RM350K from units' sale to MD
KUALA LUMPUR: PJI HOLDINGS BHD [] is set to gain RM350,000 from selling two units of serviced apartments in Olives Residences, Subang Jaya to its managing director Datuk Lim Siang Chai for RM1.28 million.
In a Bursa Malaysia filing today, PJI said the apartments were bought by its subsidiary PJ Indah Sdn Bhd (PJISB) in 2008 for a total of RM865,170.
"The board at its meeting held on Feb 25, 2010 has approved the disposal," it said, adding the audit committee had determined the disposal was fair, reasonable and was not detrimental to the interests of the minority shareholders of the company.
Lim, better known as Donald Lim, abstained from all deliberations and voting on the resolution.
PERAK PEOPLE's MB, Nizar, says --- STAR N3, 9 Chinese schools get land. When i offered same in June 2008, I was duped DAP stooge by UMNO. Now Perak BN illegal govt does same! ------------- MCA BN COPY CAT.
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