Legoland theme park is coming to Malaysia ! The location for the theme park will be in Medini in Nusajaya, which is at the heart of the Iskandar Malaysia development. Legoland Malaysia Sdn Bhd will own and operate the theme park. The Legoland logo is cute, isn't it?
Of late, Temasek has become substantial shareholder of WCT, EPF has acquiring WCT's share aggresively from the market. Meanwhile, WCT has built up its reputation in middle east. Looking at the parties that involved in Nusajaya projects, would WCT stand a chance to grab any contract from Nusajaya, if not this Legoland project ? Najib met Hsien Loong in Peru and came to an agreement to develop Nusajaya, looking at the shareholding of EPF, Temasek, and reputation of WCT in middle east (Iskandar is trying to entice investment from middle east), again, would WCT stand a chance to grab any projects in future ? [dislaimer: I am not spreading rumours and not asking you to buy WCT, you should do your own homework before doing any investment !]
Some background of the companies involved:
Iskandar Investment is owned
- 60% Khazanah National Bhd
- 20% EPF
- 20% Kumpulan Prasarana Rakyat Johor
Legoland theme park
- 70% Merlin Entertainments Group Ltd
- 30% Lego Group, vehicle of Kjeld Kirk Kristiansen, the grandson of the founder of Lego, Ole Kirk Kristiansen
Legoland has four operating parks at: Windsor in UK, Bilund in Denmark, Gunzhurg in Germany and California in US
Merlin Group
- controlled by Blackstone Group LP & Dubai International Capital LLC
- has 58 theme parks and 6 hotels across the globe and caters to about 33 million visitors a year, making it the world's second largest visitor attraction operator.
- several of Merlin's theme parks are in the top 60 worldwide for attendance.
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6 comments
this is interesting. hopefully this theme park will be well maintained. if not there goes the money to the drain...
i believe this will not be the only theme park. Could be 3.
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this Legoland theme look cool i think i wiil buy it! :)
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