Two executive directors acquire Kronologi shares for RM43mil

The share purchase raised Teo

PETALING JAYA: Kronologi Asia Bhd’s executive director Tan Jeck Min has emerged as the company’s single largest shareholder with a 20.39% stake, having acquired 55.13 million shares from co-founder Piti Pramotedham.

In filings with Bursa Malaysia, the enterprise data management company said Piti also disposed of 35 million shares, or a 12.95% stake, to the company’s executive director, acting group chief executive officer and chief technology officer Philip Teo.