Johari emerges as major shareholder in KUB

Johari: I am buying for future value. I will assist the current board to revamp KUB if necessary.

PETALING JAYA: Former Finance Minister II Datuk Seri Johari Abdul Ghani is the new major shareholder of KUB Malaysia Bhd by virtue of his vehicle JAG Capital Holdings Sdn Bhd.

JAG Capital had emerged as the largest shareholder in KUB with a 31.99% stake after buying the block at a large premium last Friday.