Top management: Ho (left) and Hua Yang financial controller Joe Tan at the briefing after the company’s AGM.
SELAYANG: Fresh from securing shareholder approval for raising its stake in Magna Prima Bhd
, the CEO of Hua Yang Bhd, Ho Wen Yan, has laid down key strategic moves.
For one, both companies will not be merged. Rather, a detailed joint-venture agreement is being inked out. Ho, who belongs to the founding family of Hua Yang, reiterated that the attraction of Magna Prima is the 2.62 acres that used to house Lai Meng School along Jalan Ampang in the vicinity of the KLCC twin towers.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
