Talam to get new shareholders

PETALING JAYA: Property developer Talam Transform Bhd is working on a restructuring exercise that will see the emergence of new investors and the exit of its existing largest shareholder – Kumpulan Europlus Bhd (KEuro).

Among the new investors are existing shareholders of Multi Purpose Holdings Bhd (MPHB), which is controlled by Datuk Surin Upatkoon. Surin is already an indirect shareholder of Talam, which was founded by Tan Sri Chan Ah Chye (pic inset) , through MWE Bhd.