China tech giant to emerge as Green Packet’s major shareholder

Currently, the largest shareholder of Green Packet is founder and group managing director Puan Chan Cheong or better known as C.C. Puan. He controls 29.42% in the company

PETALING JAYA: A Chinese technology giant is set to emerge as a substantial shareholder in telecommunication and technology firm Green Packet Bhd.

Sources told StarBiz that several parties related to a technology player in China were the major takers of the several off-market transactions involving 129 million shares, or 14.2% in Green Packet since early this month.