PETALING JAYA: The single largest shareholder in Asia Poly Holdings Bhd
, Tan Sri Lim Tong Yong, has ceased to be a shareholder in the manufacturer of cast acrylic sheets after selling his entire stake of 27.61% in the company for some RM12mil.
Market data show that 25 million shares or 27.61% were crossed at 43 sen each on Monday and according to a source familiar with the transaction, the shares which belonged to Lim, a former chief executive officer of hospital group Pantai Holdings, were sold to businessman Datuk Yeo Boon Leong.
