Hotel Properties is controlled by Ong Beng Seng, a fellow shareholder with Alwaleed in Planet Hollywood International, the restaurant chain.

FORBES: The optimist

When I wrote about Ong Beng Seng's battle on behalf of Vickers Ballas shareholders, I pointed to all sorts of ironies.

CNN: Business: Failed Merger

If they do, shareholders can give credit to Ong Beng Seng.

CNN: Business: Failed Merger

It was hit hard by its aggressive expansion but did eventually find new investors in Prince Alwaleed Bin Talal, of Saudi Arabia, and Singaporean property magnate Ong Beng Seng.

BBC: Boom time for Geldof?