Wednesday, 7 May 2014

Imperial Hotel Kuching to open May 9 - The Borneo Post Online - Hotel in Sarawak Blog

Imperial <b>Hotel Kuching</b> to open May 9 - The Borneo Post Online - Hotel in Sarawak Blog


Imperial <b>Hotel Kuching</b> to open May 9 - The Borneo Post Online

Posted: 30 Apr 2014 12:27 PM PDT

by Marilyn Ten, reporters@theborneopost.com. Posted on May 1, 2014, Thursday

KUCHING: Imperial Hotel Kuching will be holding its soft opening on May 9 with a special promotional room rate from RM180 per room per night.

"This promotion is inclusive of breakfast and complimentary in-room Wi-Fi for a limited period only," said Imperial Hotel general manager Patrick Kuek at a media preview of the hotel yesterday.

Also present were Boulevard Group of Companies chief executive officer Yew Hoon and Imperial Group general manager Su Sii Jiong.

The upcoming four-star business class hotel, which is the latest addition to the fast-expanding Imperial Group of Hotels, features 325 well-appointed guestrooms and suites, including two executive floors, all carefully designed with practicality and comfort in mind.

Each guestroom is tastefully furnished and complete with complimentary in-room Wi-Fi and wired Internet access point.

It also comes equipped with individual control air-conditioning, 42-inch flat screen LED television, laptop-size in-room safe, mini fridge, coffee and tea making facilities, HyppTV channels, bathroom with bath tub and separate shower, iron and ironing board and hair dryer.

"We take pride in being the first hotel in Sarawak to subscribe to the Hospitality Entertainment Solution, the hassle-free offering from Telekom Malaysia (TM) with the latest ICT and entertainment package comprising In-Building Broadband Solution (IBS) and TM's IPTV service, HyppTV all powered by TM's high-speed broadband network connectivity," said Kuek.

In addition to this, there are also a full range of hotel facilities and services provided for the comfort and convenience of hotel guests such as the Business Centre as well as the Fitness Centre featuring a fully equipped gymnasium, sauna and steam room complemented by an outdoor swimming pool.

"Safe deposit boxes are also provided on complimentary basis at the Front Desk for guests to keep their valuables."

Those who drive will be able to park their car at the basement car park for free.

The hotel will also be providing complimentary scheduled transfer to and from Kuching International Airport (KIA) and the central business district.

Strategically located at just a five-minute drive from KIA and 10 minutes to the city centre, Imperial Hotel Kuching, which sits on top of the popular Boulevard Shopping Mall and adjoins the upcoming Imperial Suites, also offers extensive conference and meeting facilities.

"We have two grand ballrooms, namely the pillarless Imperial Grand Ballroom, which can accommodate up to 1,400 persons for a sit-down banquet, and the semi-circular Boulevard Grand Ballroom, which has a capacity of 500 persons for banquet style reception," Kuek said.

There were nine multi-functional meeting rooms to cater to events such as small seminars and meetings.

"These purpose-built banquet facilities, equipped with the latest technological facilities including built-in LED screen, wireless telecommunication and digital audio visual equipment, are designed to accommodate events of varying sizes, ranging from large conferences, weddings and exhibitions to seminars and private intimate functions."

Meanwhile, for dining needs, the hotel's contemporary all-day dining restaurant Imperial Garden Restaurant with show cooking stations serves buffet breakfast daily as well as a comprehensive ala carte menu containing an excellent mix of western, oriental and local cuisine.

"We will also be holding weekend promotions such as 'The Great Imperial Feast' buffet dinner every Friday and Saturday as well as 'Tea Time Treats' hi-tea buffet every Saturday and Sunday.

"At Imperial Hotel Kuching, we strive to ensure that whether your stay with us is for business or leisure, your experience will be truly memorable."

For further enquiries or reservation, call the hotel at 082-588999 or email enquiries@imperialhotelkuching.com.my. Alternatively, visit its website www.imperialhotelkuching.com.my.

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Indonesian woman found dead at <b>hotel</b> - The Borneo Post Online

Posted: 03 May 2014 11:58 AM PDT

by Margaret Ringgit, reporters@theborneopost.com. Posted on May 4, 2014, Sunday

MIRI: A woman was found dead on Saturday afternoon in a budget hotel room at Rice Mill Road, grotesquely sitting at the edge of a bed by a female cleaner, which police have classified as sudden death.

The cleaner immediately sounded the alarm on her discovery around 12pm.

According to sources, the cleaner had knocked on the door of the deceased's room for routine cleaning.

When her knock went unanswered, the cleaner used a spare key — leading to the shocking find.

On unlocking the door, the 52-year-old cleaner saw a woman sitting motionless at the edge of the bed.

She approached the body which was in sitting repose, which she then felt to be cold and stiff.

The cleaner ran helter-skelter downstairs to tell the hotel staff.

The deceased has been identified as Yenni Safetri, a 44-year-old Indonesian woman.

Initial investigation revealed no physical injuries found on her body.

Miri police chief ACP Gan Tian Kee, when contacted, confirmed receiving a report.

"The case is being investigated as sudden death," he said.

He said probable cause of death was believed to be a drug overdose (OD), as police found a small black bag containing several packets of drugs believed to be Syabu (crystal meth) and drug paraphernalia.

The deceased was clad only in a T-shirt when the body was found.

According to sources, the woman had checked into the budget hotel on Friday evening around 7pm, with a man seen with her at the time.

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&#39;Philanthropist&#39; Jho Low Hits Texas With $50 Millon Dollar Donation <b>...</b>

Posted: 05 May 2014 11:00 AM PDT

'Philanthropist' Jho Low Hits Texas With $50 Millon Dollar Donation!
At the awards dinner where he was nominated Global Entrepreneur of the Year!

At the awards dinner, where he was nominated International Entrepreneur of the Year!

Malaysians will be interested to know that just last month the Penang born pal of Rosmah Mansor and her son Riza Aziz, Jho Low, aged 32, was honoured in Houston for his philanthropic gift of a whopping US$50million (RM163million) towards cancer research at the University of Texas.

In response, Houston's Asian Chamber of Commerce named him as the first recipient of their brand new award of International Entrepreneur of the Year at a glittering ceremony on April 11th.

Many back home might think that RM163million might have gone a long way to assist in basic health care for Malaysia's poorer communities in places like Sarawak, where many rural clinics lack doctors.

Making a name for himself in Texas!

Making a name for himself in Texas!

Texas on the other hand is one of the richest places on earth, and the recipient of Low's philanthropy, the Anderson Medical Centre, describes itself as already having "unparalleled resources and capabilities".

Therefore, Sarawak Report investigated to see whether there might be a business connection to Mr Low's philanthropy and learnt that in November of last year Jho Low spent 2.3 billion dollars in buying out the company Coastal Energy from the jailed Houston oilman Oscar Wyatt.

His partners in the deal were the same Abu Dhabi sovereign wealth fund, IPIC, with whom he engaged in a prolonged and serious attempt to buy out a controlling share of the company Coroin and its stake in London's Maybourne Hotel Group in 2011.

Sarawak Report has also forced Low to concede that there was another interested party involved, backing his company Wynton in that deal, namely 1MDB, Malaysia's sovereign wealth fund, which he has spent the last three years claiming he has done no business with.

Local Texas newspaper coverage introduced the buyers:

"So who are these investors who will take over Coastal's roughly 150 million barrels of oil and gas reserves, mostly in Thailand and Malaysia? The primary buyer, Madrid-based CEPSA, is owned by the Abu Dhabi state oil company International Petroleum Investment Co.[IPIC also owns Aabar Investments which bid for Coroin] It has 11,000 employees. Another investor in the deal is Strategic Resources, an investment holding company controlled by Larry Low and his son Jho Low, 31, CEO of Hong Kong-based Jybnwel Capital. The Lows have a history of dealmaking, providing the link between Middle Eastern sovereign wealth funds and investments in Asia. In June 2012, Jynwel was an investor with Sony n the $2.2 billion acquisition of EMI Music. Jynwel also recently participated in the takeover of lingerie boutique chain Myla."[Forbes.com]

Malaysian investor, who always claims his sovereign wealth supporters are only from Abu Dhabi and do not include his close friends who run Malaysia's 1MDB

Malaysian investor, who always claims his sovereign wealth supporters are only from Abu Dhabi and do not include his close friends who run Malaysia's 1MDB

Septuagenarian southern 'style icon' Lynn Wyatt, bailed out by Jho Low's half billion purchase of her husband's shares in Coastal

Septuagenarian southern 'style icon' Lynn Wyatt, bailed out by Jho Low's half billion purchase of her husband's shares in Coastal

Making a name in oil-rich Texas?

In Texas Low was primarily credited with restoring the fortunes of one of its favourite socialites and local Southern style icon Lynn Wyatt, Oscar's wife.

Wyatt's stake in the deal amounted to around $500million dollars' worth of shares in Coastal, which were bought at a 28% premium rate above the price of the previous day's close in November of last year.

Now that Low has extended his charity to "numerous contributions" in the town as well, according to the newspapers, his status in Houston seems as assured as it is in Hollywood, where it has been noted he received a special credit at the end of the film Wolf of Wall Street and he has bankrolled numerous party events.

But, Malaysians remain mystified as to the sources of all this capital behind the youthful entrepreneur's extravagant buy-outs and hand outs.

Denials

Today Jho Low issued a rare statement and a series of denials with regard to Sarawak Report's earlier exposes revealing that his separate bids for the Maybourne Hotel Group were backed by One Malaysia Development Berhad (1MBD), the sovereign wealth fund set up by his pal Riza's Dad, the PM Najib Razak.

In his statement the youthful tycoon acknowledged his role as the leader of the hotel bid, as stated by a UK judge David Richards in a detailed judgement on the matter in a related court case.

However, Low attempted to down-play the whole affair as an "early stage investment opportunity" that went nowhere.

He also implied that 1MDB was involved merely as "one of the several investors invited … to evaluate this early-stage investment opportunity in 2010/2011″ and repeated an earlier claim that he has never "received any compensation or patronage directly from any entity wholly owned by the Malaysian government".

"Mr. Low was a co-investor and led the coordination efforts for the proposed bid for Maybourne Hotel Group (Claridge's, the Connaught and the Berkeley in London) along with Aabar Investments PJS (an Abu Dhabi Government controlled sovereign wealth fund entity).1Malaysia Development Berhad (1MDB) was one of the several investors invited by Aabar Investments PJS to evaluate this early-stage investment opportunity in 2010/2011. To facilitate the bid, some initial interested investors provided preliminary letters of intent in support of the bid,"[statement by Jho Low, 4th May]

Sarawak Report suggests that these denials conflict with the facts, which are now in the public domain.

Because, according to the widespread coverage of the time, now researched by Sarawak Report, 1MDB did not merely provide "preliminary letters of intent", it forked out €49.1million to buy up debt that secured a stake in the business Mr Low was trying to acquire.

This is how Justice David Richards explained the manoeuvre in his judgement, which he goes on to conclude showed not just a 'preliminary intent', or 'early-stage opportunity' but what he calls a "serious interest in the company" by Jho Low's own company Wynton.

The money to buy out €49.1million in debt came from 1MDB according to reports

The money to buy out €49.1million in debt came from 1MDB according to reports

What Sarawak Report has now established is that the purchase, through an associated company called JQ2, was financed, according to newspaper reports by 1MDB Malaysia (see below).

Furthermore, as the judgement also makes clear (above) when Jho Low suggested sharing the purchase with the UK entrepreneurs the Barclay brothers, he was talking about a three way split with Aabar Investments (another subsidiary of IPIC) and Wynton.

The purchaser was 1MDB - so no benefit to Jho Low?

The purchaser was 1MDB – so no benefit to Jho Low?

We therefore suggest that it is plain and obvious that 1MDB was the key investor behind Wynton, because it makes little sense for the Malaysian sovereign wealth fund to have forked out €49.1million and written letters backing the Wynton bid, if it was not an interested party in this deal.

This begs a question of all Jho Low's denials that he has ever profited from dealings with 1MDB. Because, as the private equity coordinator of the deal he was evidently expecting to profit and money was paid out by the fund.

Likewise, why has 1MDB's boss insisted that Jho Low had "zero" involvement with the fund, when evidently this was not the case?

In his statements of denial over the past 24 hours Jho Low did not once refer to this huge recorded pay out by 1MDB to the Irish asset management agency Nama in clear support of his Maybourne Hotel Group bid. Sarawak Report requests that it is time he includes an explanation for this matter.

Jho Low's philanthropy

Philanthropy not profit?

Philanthropy not profit?

Both Jho Low and his party pal Riza Aziz refer to themselves as philanthropists, a title generally bestowed (by others) on the very rich, when they distribute significant sums of their personal wealth to the less well off in need.

Riza Aziz has published no evidence of such donations nor, indeed,  has he been able to explain his position of such wealth.

As for Jho Low, he explains in his Jynwell Capital website that he aims "to promote, encourage and support the advancement of education and the relief of poverty globally".

However, no examples of his projects are provided in the website.

Low's 'Linked In' website elaborates that his foundation is committed to "accelerating advances in public health, environmental & wildlife conservation and education in every corner of the world".

So, we have heard about Texas.  How about Sarawak, Malaysia, the place on the globe where wildlife is most threatened and where public health and education are shockingly neglected in a oil rich, coal rich, timber rich, gold rich, palm oil rich state?

More details please?

More details please?

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