Dr Yu: ‘I’m a long-term investor in HLCap’

THE market moves by veteran investor Datuk Dr Yu Kuan Chon always attract attention. After all, he has so far managed to outwit tycoon Tan Sri Quek Leng Chan via his strategic holding in Hong Leong Capital Bhd (HLCap) to block it from being taken private.

While a new test awaits Yu at HLCap – the stock faces yet another threat of a delisting from the stock exchange regulator – he has been busy buying into precision tools specialist Rapid Synergy Bhd, a company in which he has been the single largest shareholder.