Yu’s foray into financial services


Khoo

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.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Business , pan malaysia , yu kuan chon , universal

   

Next In Business News

Shedding light on power sector prospects
Reaping the Max from streaming
Singapore playing roulette with casino licensing
RHB, CGC in LCTF portfolio guarantee deal
Market struggles to find direction
Bidding big on Malaysian art
Inflation rises slightly in October
EQ expands to Thailand
Capitalising on future trade tariffs
Importance of adapting global brands to local sensitivities

Others Also Read