Kuok buys controlling stake in Transmile


TYCOON Robert Kuok has bought a controlling interest in Transmile Group Bhd via an off-market deal. Sources said a company owned by the Kuok family bought 45.2 million shares or 28.5% of the air transport services firm yesterday. 

MESB data showed that such a transaction was made at RM6.25 per share in the afternoon. However, the exchange was not informed of the identity of the buyer or the seller of the shares. 

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