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

A governance test for UOA-REIT
What Wall Street got wrong in 2025
Mainstream crypto raises investor risk
Teh Tarik Nation’s traditional pull
Sukuk redemption marks positive step for Cypark Resources
Bond strategies pivot to govts, EMs
Wall Street remembers a wild 2025
AI rules investment strategy
IHG boosts upscale stays market
11 new luxury hotels redefining travel

Others Also Read