Century Logistics MD to stay on, no plans to sell stake to Koreans

Teow: I am not looking to sell out. I will stay on and continue to lead the company and champion the post-merger exercise.

PETALING JAYA: Century Logistics Holdings Bhd managing director Steven Teow Choo Hing has no plans to sell out of the company despite the emergence of South Korea-based CJ Korea Express Asia Pte Ltd as the single-largest shareholder in the Port Klang-based integrated logistics services firm.

He plans to remain at the helm of Century Logistics, in which he has an 11.1% stake, making him the second-largest shareholder in the company.