Shareholder voices concern over YFG plan

General Technology Sdn Bhd director Jeremy Lim Chin Keong during the interview.

PETALING JAYA: YFG Bhd’s single largest shareholder, General Technology Sdn Bhd, has raised concerns over the proposed regularisation plan submitted by the company’s board of directors.

General Technology, which holds 11.69% interest in YFG, claimed that the proposed plan to revive and improve YFG’s financial standing was not concrete enough to turnaround the loss-making mechanical and electrical service provider.