Exclusive: What is single largest shareholder planning for Khee San?

Bursa Malaysia filings show that businessman Datuk Ng Meng Kee (pic), who is the founder of security seals manufacturer Mega Fortris Malaysia Sdn Bhd, has been steadily building up his stake in the company, buying shares from the open market since the middle of December last year

AFTER failed attempts by several “white knights” to turn loss-making candy and wafer manufacturer Khee San Bhd around, could the company finally be seeing a change of sorts in its fortunes with the emergence of a new name?

Bursa Malaysia filings show that businessman Datuk Ng Meng Kee, who is the founder of security seals manufacturer Mega Fortris Malaysia Sdn Bhd, has been steadily building up his stake in the company, buying shares from the open market since the middle of December last year.