Tycoon Koon tells his side of story about his stocks

Lower volume: Koon may restrict his buying of stocks to less than 5 so that it would need no disclosures.

PETALING JAYA: Savvy investor and philantropist Koon Yew Yin reasoned that his age, wealth and ability to pick the right stocks have contributed to his late disclosures in dealing with his shares becoming an issue.

The 83-year old former civil engineer, who has a large following among retail investors, also alluded that he failed to disclose his buying and selling of shares on time to the company because of the cumbersome system of reporting share transactions on a daily basis.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 0
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Business , koon yew yin , tycoon , stocks , shares , klci , klse , bursa , disclosure , wealth , tycoon ,


Next In Business News

Oil prices settle lower on stronger supply outlook
US interest rate outlook
FM Global eyeing more overseas expansion
Cash-rich companies on Bursa
Debt not a drawback as it is an efficient tool for finance, investment
LYC plans to list unit in Singapore
AAX passengers soar on border reopening
A RM1.5 trillion debt hangover
A breath of fresh air

Others Also Read