DATUK Dr Yu Kuan Chon’s move to take over Pan Malaysia Holdings Bhd (PMH) is puzzling to most observers. The loss-making company had long fallen off the radar of investors.
But Yu, who is forking out RM77.12mil for a 70% stake in PMH, says he’s in it for the long term and expects to make a decent return on his investment.
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!