High stake: Kasi is the second-biggest shareholder of MK Land with a 16.04 stake.
He cannot exit given the share price has lingered in the 20-30 sen range since 2008
THE failure of Datuk Kasi K.L. Palaniappan, who is better known as P. Kasi, to get re-elected into the board of MK Land Holdings Bhd brings to light again the speculation that things have not been right between him and Tan Sri Mustapha Kamal Abu Bakar, MK Land’s largest shareholder, for years.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
