Australian billionaires’ Chemist Warehouse chain begins UK expansion
Sigma Healthcare will license the Chemist Warehouse brand and provide inventory management and marketing support to Greenlight’s 22 stores across London.
Ian Sayson, Forbes Staff
Billionaire snaps up Gold Coast hotel, retail complex for $346 million
Forest Endeavour—controlled by Taiwanese billionaire Lin Chen-hai—has acquired the Paradise Centre and Novotel Surfers Paradise in Australia’s Gold Coast for $250 million.
Billionaire Robin Khuda’s AirTrunk earmarks $3 billion to build data centres in Malaysia
AirTrunk’s Malaysian expansion comes after announcing the proposed acquisition of Lumina CloudInfra, which has 600 megawatts of data center projects in India and a development potential of up to $5 billion.
Billionaire deepens Australian investments with $318m Queensland purchase
Ho Bee Land—controlled by billionaire Chua Thian Poh—has been ramping up its presence in Australia, where national median home prices eose to a fresh record of A$1.3 million ($899,000) last year.
Billionaire Andrew Tan’s Travellers taking over $1.3 billion Philippine Casino project from Suntrust
The project in the Manila Bay entertainment district consists of a five-star hotel, a casino, a shopping mall and several theaters.
Australian billionaire Jack Cowin takes executive role at Domino’s as CEO unexpectedly quits
Billionaire Jack Cowin, 82, brings over five decades of experience in the global quick-service restaurant sector. Apart from Domino’s, he also owns Burger King’s Australian franchise as Hungry Jack’s through his Competitive Foods.
Amazon spending $20 billion to build AI-powered data centres in Australia
Amazon will invest $13 billion in the five years through 2029 to build data centers in Australia, the biggest ever investment by a global tech company in the country.
Billionaire Marc Benioff’s Salesforce to invest $1 Billion in Singapore
Salesforce, a cloud computing software company co-founded by billionaire Marc Benioff, plans to invest $1 billion in Singapore.
Billionaire Richard White regains control of software firm WiseTech
WiseTech Global on Wednesday appointed its founder Richard White as executive chairman, enabling the tycoon to take back control of the Australian freight-software company four months after quitting as CEO.
Australian billionaire Jack Cowin’s Domino’s Pizza closing 205 stores to boost profits
Domino’s Pizza Enterprises—controlled by fast food billionaire Jack Cowin—will shut 205 money-losing stores to cut costs and boost earnings.