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Yong Tai sees entry of new biggest shareholder


Yong Tai CEO Datuk Wira Boo Kuang Loon (third from right) briefing Melaka governor Tun Mohd Khalil Yaakob (right) and Melaka chief minister Datuk Seri Idris Haron (second from right) about Impression City in October last year.

Yong Tai CEO Datuk Wira Boo Kuang Loon (third from right) briefing Melaka governor Tun Mohd Khalil Yaakob (right) and Melaka chief minister Datuk Seri Idris Haron (second from right) about Impression City in October last year.

KUALA LUMPUR: Yong Tai Bhd , which is mulling to sell its fabric manufacturing and dyeing business in order to focus on tourism-related property development, has a new biggest shareholder -- and it is a fabric and clothing trader.

Hong Kong-listed Co-Prosperity Holdings Ltd has taken over the top investor spot from Sino Haijing Holdings Ltd’s wholly-owned subsidiary Impression Culture Asia Ltd (ICAL).

Corporate News , Property , Yong Tai Bhd

   

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