“We have spent a lot of time looking at Malaysia recently,” says Richard Ong, founder, chairman and CEO of RRJ Capital. Three years later, he formed RRJ Capital. RRJ Capital had a 9.95% stake in NN as at April 10. Recently, RRJ Capital acquired airline caterer gategroup Holding AG — the No 1 global player in the field. Although Malaysia fits into its plan, it was the change in government that prompted RRJ Capital to take a serious look.

Source: The Edge Markets April 22, 2019 06:00 UTC