Yu’s foray into financial services


Khoo

DATUK Dr Yu Kuan Chon’s move to take over Pan Malaysia Holdings Bhd (PMH) is puzzling to most observers. The loss-making company had long fallen off the radar of investors.

But Yu, who is forking out RM77.12mil for a 70% stake in PMH, says he’s in it for the long term and expects to make a decent return on his investment.

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Business , pan malaysia , yu kuan chon , universal

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