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.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
