Low profile businessman has 6% stake in Hibiscus


PETALING JAYA: Tan Sri A.P. Arumugam, has emerged as a 6% shareholder in Hibiscus Petroleum Bhd, the first special purpose acquisition company to get listed on Bursa Malaysia.

On Wednesday StarBiz reported that Arumugam, a low profile businessman with vast business interests, had bought into Hibiscus.

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