One kilogram gold bars are displayed for a photograph at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Wednesday, Jan. 13, 2016. Thailands biggest buyer of gold will boost purchases by about 25 percent to 160 tons this year, said chief executive officer Pawan Nawawattanasub. Photographer: Dario Pignatelli/Bloomberg
Benefiting from e-commerce
Teong Teck Lean got a very nice angpow for Chinese New Year. The group chief executive and managing director of GD Express Carrier Bhd announced he sold 53.7 million of GDex shares at RM1.74 a share for RM93.4mil. His announcement comes as Yamato Holdings Co Ltd announced it bought the same number of shares to increase its stake to 23% in the courier company.
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