E&O Group MD emerges single largest shareholder

E&O Group MD emerges single largest shareholder

KUALA LUMPUR, June 3 — Eastern & Oriental Bhd (E&O) group managing director Datuk Seri Terry Tham Ka Hon has increased his interest in the company to 21% from 11%, subsequently becoming the single largest shareholder.

In a statement, E&O said Tham acquired an additional 10% stake at RM2.60 per share from Sime Darby Bhd.

Tham said the move reflected his continued conviction and confidence in the E&O Group’s long-term growth trajectory.

— BERNAMA

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