Short Position - Pui's challenge, online betting, price cycle

CCM

Pui’s challenge fizzles out

FOR three weeks beginning Dec 18,2020, there were doubts if Batu Kawan Bhd would be successful in its offer to take over Chemical Company of Malaysia Bhd (CCM).

This is following the emergence of low-profile seasoned investor Pui Cheng Wui in CCM with a 16.12% stake.