Nadzmi ups stake in KTB, now holds close 75%

PETALING JAYA: In a move that came as a surprise, Tan Sri Mohd Nadzmi Mohd Salleh strengthened his hold on bus operator Konsortium Transnasional Bhd (KTB) by acquiring a further 15% in the company.

This will increase his stake to almost 75% in KTB, the maximum that he can acquire without having to trigger a mandatory general offer.