TH no longer substantial shareholder in two more companies


TH group managing director and CEO Datuk Seri Zukri Samat(pic) has said that properties with yields of less than 2% and equities with impairments exceeding 20% would be acquired by the SPV at book value

PETALING JAYA: Lembaga Tabung Haji (TH) has ceased to be a substantial shareholder of offshore support vessel company Alam Maritim Resources Bhd and ceramic tile manufacturer White Horse Bhd.

Special-purpose vehicle (SPV) Urusharta Jamaah Sdn Bhd has taken over TH’s position in the companies.

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