The Arowana is a fish that is also known as the “golden dragon” in Chinese culture because its size, shape, metallic scales and whiskers give it the appearance of a dragon. Fish in general are considered lucky because the Chinese word for fish - "yu" - also sounds like the word for wealth. However, 2012 looks set to be a bumper year for the arowana, it being the Year of the Water Dragon.
Investors hurried to buy the 5,000 ten-year bonds on offer at RM2,500 each to become part-owners of the Arowana Ventures fish farm. Sales of the fish, which can fetch up to $50,000 each, are reported to be up 20% this year and the market is estimated to be worth $300m annually.