PETALING JAYA: A total of 15 million shares in Malaysia Pacific Corp Bhd (MPCorp), amounting to some 5.2% of the total paid-up capital in the company, have been sold off by its former chief executive officer (CEO) and controlling shareholder Bill Ch’ng Chong Poh to businessman Tey Por Yee, sources said.
A filing with Bursa Malaysia confirmed that Ch’ng had disposed of 15 million shares at 55 sen apiece on July 18. No buyer has been disclosed yet.
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!
