Mukhriz Mahathir the youngest son of the
Prime Minister
of Malaysia,
Mahathir Mohamad, is also a
business man.
Mukhriz Mahathir controls the listed
Malaysian company
Reliance Pacific, which
operates a chain of two-star hotels around
Malaysia, and is one of Malaysia's biggest
tour organizers. There are 22 active
subsidiaries in Malaysia. One of them,
Prime
Heritage, has taken control of two adjacent
hotels -- 493 rooms in total -- currently
under construction in Sydney, Australia. It
also owns Sydney's Royal Gardens Hotel.
Another Malaysian company,
Opcom Cables --
Southeast Asia's largest producer of high
speed fiber optic cable -- is jointly owned
by Mukhriz, Mokhzani and Sweden's Ericsson
Cables AB.
Searches made at the Registry of Companies
at the end of 1994, show Mukhriz had
interests in 67 companies.
It has been published that Mukriz
Mahathir is director of Taff Hotel Sdn Bhd
one of the two companies awarded the Tanjung
Jara Beach Hotel Sdn Bhd privatisation
project by the Malaysian Government.
after
The New Sunday Times, June 21, 1998,
"Recipients of privatised projects"
The Asian Wall Street Journal, October 16, 1998,
"Mahathir Is No Suharto"