PETALING JAYA: Oriental Mace Group’s (OM) group chief executive officer Wong Kong Yew @ Leong Kong Yew will emerge as a substantial shareholder in paper board packaging products firm Versatile Creative Bhd
upon completion of a proposed acquisition of a 18.83% stake in the group.
Wong will acquire the stake from Versatile’s major shareholder, Datuk Lee Kwee Hiang, for RM17.21mil or 80 sen per Versatile share via a direct business transaction.
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!
