Nadzmi ups stake in KTB, now holds close 75%


PETALING JAYA: In a move that came as a surprise, Tan Sri Mohd Nadzmi Mohd Salleh strengthened his hold on bus operator Konsortium Transnasional Bhd (KTB) by acquiring a further 15% in the company.

This will increase his stake to almost 75% in KTB, the maximum that he can acquire without having to trigger a mandatory general offer.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Nadicorp , Nadzmi , KTB

Next In Business News

Ringgit to be range-bound at 4-4.20 on strong external position
84% of CEOs in Malaysia to expand beyond traditional industry boundaries- PwC survey
Bursa Malaysia remains lower at midday
CIMB Thai posts RM293mil net profit in FY25
Reservoir Link Energy unit secures work order from Roc Oil Sarawak
KKB Engineering bags six contracts valued at RM80mil
AirAsia X announces new leadership structure
Malaysia's total trade in 2025 tops RM3 trillion, E&E drives export growth
SBS Nexus opens flat at 25 sen on ACE Market debut
Bursa Malaysia closed for Thaipusam, FT day on Feb 2

Others Also Read