01 Dec '12, 3am

Singapore tycoon, partners to build RM3b race track in Johor: KUALA LUMPUR, Dec 1 — Singaporean billionaire Pete...

Singapore tycoon, partners to build RM3b race track in Johor: KUALA LUMPUR, Dec 1 — Singaporean billionaire Pete...

KUALA LUMPUR, Dec 1 — Singaporean billionaire Peter Lim is bidding to build a RM3 billion race circuit in Iskandar, Johor with the Johor royal family and state asset manager Khazanah Nasional Berhad, the Straits Times reported today. The Singapore daily reported that the project, called Motorsports City, is expected to be completed by 2015 or 2016 in Malaysia’s ambitious southern corridor that provides high-end housing and entertainment popular with Singaporeans. Lim is a well-known car enthusiast, with a garage of exotic cars which he rarely gets to drive in his native Singapore. — Picture courtesy of singaporestockmarketnews.blogspot.com It quoted sources as saying the race track’s 100-hectare site is located 10 to 15 minutes away from Tuas’ Second Link in the southern state, at the left of a rest stop after the Malaysian checkpoint. The project will be an integrated fac...

Full article: http://www.themalaysianinsider.com/malaysia/article/singa...

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Singaporean Peter Lim to build RM3b Johor race ...

paultan.org 03 Dec '12, 3am

Reports have emerged from across the Causeway that Singaporean billionaire Peter Lim is into a RM3 billion (S$1.2 billion)...

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paultan.org 05 Dec '12, 9am

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telegraph.co.uk 02 Dec '12, 11pm

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