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(From New Straits Times (Malaysia))
Byline: Brendan Pereira
KUALA LUMPUR, Fri. - Prominent businessman Tan Sri Syed Mokhtar Al- Bukhary (picture) has won the no-holds barred high-stakes battle for the 15.8 per cent stake in DRB-Hicom.
He won the stake after a last-minute decision today by Prime Minister Datuk Seri Abdullah Ahmad Badawi to reverse an earlier decision by the Government giving the nod to a consortium led by Tan Sri S.M. Nasimuddin S.M. Amin.
A statement from the Prime Minister's Office today read: "The PM has taken the decision to support the proposal which was put forward by Tan Sri Syed Mokhtar Al-Bukhary, and has made …