23 Sep '11, 6am

Peter Lim sheds light on McLaren Automotive investment

Peter Lim sheds light on McLaren Automotive investment

In a rare conference with the media on Friday, Singapore billionaire Peter Lim shed a bit more light on one of his latest investments: McLaren Automotive, the Woking-based sports car manufacturer that is going head-on with the likes of Ferrari and Lamborghini. -- ST PHOTO: CHRISTOPHER LOH NJ By Christopher Tan In a rare conference with the media on Friday, Singapore billionaire Peter Lim shed a bit more light on one of his latest investments: McLaren Automotive, the Woking-based sports car manufacturer that is going head-on with the likes of Ferrari and Lamborghini. 'The first thought was whether I could make some money from it,' Mr Lim said when asked why he took the plunge. 'But the truth is that I think there are things I can learn from McLaren.' Mr Lim, who made an unsuccessful 320 million sterling pound (S$641 million) bid for Liverpool Football Club last year, would ...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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