Ali Abbas sells entire stake


KUALA LUMPUR: Bright Packaging Industry Bhd’s non-executive director Datuk Seri Syed Ali Abbas Alhabshee has ceased to be a substantial shareholder of the company following the disposal of his entire shareholding.

In a filing with Bursa Malaysia, Bright Packaging said Syed Ali had disposed 12 million shares in Bright Packaging at 50 sen each in a direct business transaction to Asia Media Group Bhd CEO Datuk Wong Shee Kai.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Bright Packaging , Asia Media

Next In Business News

Ringgit slips vs US$, rises against majors on Fed cut expectations
Trading ideas: TNB, Zetrix AI, Matrix, Southern Score, DKSH, Perak Transit, FBG, AWC, TechStore, Jentayu, PJBumi, One Gasmaster
S&P 500 ends down as investors await Fed rate decision
FBG wins RM206mil building job
DKSH to take DHMB private for RM6.15 per share
Hong Kong banks call for IPOs to maintain key standards
Matrix Concepts disposes of land for RM25mil
France�drawing up plans to shield food output
Petrochemical sector set for recovery next year
CAB to benefit from rising demand

Others Also Read