Wan Azmi returns to E&O as a substantial shareholder

KUALA LUMPUR: Prominent businessman Tan Sri Wan Azmi Wan Hamzah has taken up a substantial stake in Eastern & Oriental Bhd (E&O), marking his return to the property developer.

In a statement today, E&O said Sweetwater SPV Sdn Bhd, a private company controlled by Wan Azmi and his wife, has acquired 130.23 million shares in E&O via a private placement.

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