Battle lines drawn at MPlant


By K.P. LEEKATHY FONG
  • Business
  • Saturday, 10 Apr 2004

THE game is not over yet for Tan Sri Lim Yan Hai and Tan Sri Amin Shah Omar Shah, the chairman and non-executive director respectively of Malaysian Plantations Bhd (MPlant) whom three substantial shareholders are trying to oust in a fierce boardroom tussle. 

Lim and Amin collectively hold 9.05% of the shares in MPlant, which is insufficient to stave off an attack by Chua Ma Yu who is believed to have amassed the support of holders of 42% of the stock. But all parties are standing their ground. 

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