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Lim Kok Thay asserts major shareholding in Genting


Tan Sri Lim Kok Thay is listed in Genting Bhd's 2016 annual report as having a direct equity stake of 1.829%. No deemed equity interest is cited.

Tan Sri Lim Kok Thay is listed in Genting Bhd's 2016 annual report as having a direct equity stake of 1.829%. No deemed equity interest is cited.

KUALA LUMPUR: Genting Bhd chairman and chief executive Tan Sri Lim Kok Thay has asserted that he is a major shareholder of the group with direct and indirect stakes totalling 44.38%.

In filings with Bursa Malaysia on Monday, Genting said on review of Sections 8(2) and 8(4) of the Companies Act 2016 and based on a legal opinion, Lim has “reasonable grounds” for believing that he has deemed interest in Genting Bhd shares and warrants owned by Kien Huat Realty Sdn Bhd, Inverway Sdn Bhd and Golden Hope Ltd.

   

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