KUALA LUMPUR: Huaren Holdings Bhd, the MCA’s investment arm, has decided to dispose of 21.02% of its shares in Nanyang Press Holdings Bhd to Ezywood Options Sdn Bhd, a company owned by timber tycoon Tan Sri Tiong Hiew King.
Huaren would only hold 20% of Nanyang Press shares, which means it would no longer be the largest shareholder of Nanyang, MCA president Datuk Seri Ong Ka Ting said.
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