SVI not major shareholder in Yong Tai

KUALA LUMPUR: Yong Tai Bhd has clarified that SV International (SVI) is not a major shareholder in Yong Tai and does not own the Impression City and Impression Melaka projects as claimed by the latter on their social media platform and website.

In a statement, Yong Tai said that to-date, it has not entered into any joint-venture agreement or done any business transaction with SVI for its property development, particularly the Impression City and Impression Melaka projects.