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.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 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

Indonesia treads with care
Beauty lovers turn to TikTok and Amazon
Pricey beans�brew consumer shift
Guiding rural Thais to prosperity
Asia rides the dollar dip
EM optimism after stellar year
Trump travel ban adds to Caribbean woes
Philippine stocks set for recovery
Bull charges cautiously
Bursa’s quiet year sets stage for comeback

Others Also Read