Malaysian Businessman Acquires Majority Stake In Valuair

Malaysian billionaire Lim Goh Tong acquired a 20% stake in Singapore-based low-fare, regional airline Valuair, making him the single biggest shareholder. Lim Goh Tong acquired the stake for US$16 million through his company, Star Cruise, which is listed on the Hong Kong Stock Exchange. Star Cruise...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.