Asia Internet is no longer Cuscapi’s substantial shareholder


PETALING JAYA: Asia Internet Holdings Sdn Bhd, a vehicle linked to MyEG Services Bhd (MyEG) co-founder Wong Thean Soon, has ceased to be a substantial shareholder of Cuscapi Bhd following a series of share disposals.

In a filing with Bursa Malaysia yesterday, Cuscapi disclosed that Asia Internet Holdings sold 50 million shares on Dec 26, 2024 at an undisclosed price, reducing its stake in the digital business solutions provider to 2.94% or 27.75 million shares.

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

MIDF, IACSA inks MOU to advance IP valuation and financing in Malaysia
TSR Capital Unit secures RM48mil construction contract in Klang
Paramount unit to acquire Bukit Raja lands for RM113.5mil
JC3 issues sustainable and transition finance guidance
Scientex posts higher 1Q net profit of RM142.91mil
Singapore MAS survey shows economists raising 2025 growth forecast
Top Glove maintains growth momentum in 1QFY26
Continued selling pushes Bursa lower at midday
Gamuda's Australian JV secures RM2.69bil Marinus Link package
UWC among top gainers in early trade following strong 1Q performance

Others Also Read