Yee Lee began its core business as an edible oil repacker in Malaysia in 1968. Since then it has grown into a fully integrated manufacturer and distributor. Its units are involved in various sectors such as manufacturing, marketing and distribution of fast-moving consumer products, plantation and eco-tourism.
PETALING JAYA: Yee Lee Corp Bhd’s major shareholders, which own a combined 89.94% stake in the company, have launched a voluntary takeover to acquire the remaining shares at RM2.06 per share.
Yee Lee, which trades in edible oil, said in a filing with Bursa Malaysia that it had received the voluntary takeover offer from its executive chairman Datuk Lim A. Heng @ Lim Kok Cheong, Datin Chua Shok Tim @ Chua Siok Hoon, Lee Ee Young and Langit Makmur Sdn Bhd. Lim is also chairman of Spritzer Bhd
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