CHEMICAL Company of Malaysia Bhd (CCM) managing director Datuk Lim Say Chong, who led a management buy-out (MBO) of the company many years back, has sold all his shares in CCM.
Lim disclosed to Bursa Malaysia on Monday that he sold 8.7million shares at RM2.20 each last Friday. Following this sale, he no longer owns any shares in CCM.
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