High stake: Kasi is the second-biggest shareholder of MK Land with a 16.04 stake.
He cannot exit given the share price has lingered in the 20-30 sen range since 2008
THE failure of Datuk Kasi K.L. Palaniappan, who is better known as P. Kasi, to get re-elected into the board of MK Land Holdings Bhd brings to light again the speculation that things have not been right between him and Tan Sri Mustapha Kamal Abu Bakar, MK Land’s largest shareholder, for years.
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