Quek, associate, institutional funds mop up O&G outfit shares


PETALING JAYA: The buyers of the 268.79 million Scomi Energy Services Bhd shares that crossed ownership last Friday included parties other than Tan Sri Quek Leng Chan, with the single largest buyer being Paul Poh, a former long-serving employee of the Hong Leong group.

The block of shares belonging to Standard Chartered Private Equity Ltd, which amounted to 11.48%, had been up for sale since late last year and posed an overhang to the share price.

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Business , scomi energy

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