BCM Alliance’s Esos raises eyebrows

In a filing with Bursa Malaysia on Monday, the medical equipment supplier announced that two of its employees, Kiu Cu Seng and Cheng Li Ping, have exercised their share option and emerged as the largest shareholders in the company.

PETALING JAYA: New substantial shareholders have emerged in BCM Alliance Bhd in an unusual corporate exercise through an employee share option scheme (Esos).

In a filing with Bursa Malaysia on Monday, the medical equipment supplier announced that two of its employees, Kiu Cu Seng and Cheng Li Ping, have exercised their share option and emerged as the largest shareholders in the company.