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Banking on renewable energy demand

Pekat Group believes solar PV systems becoming more cost-effective and efficient

Pekat , Nusa-tenggara-barat , Indonesia , Berkeley , California , United-states , Malaysia , Merdeka , Nusa-tenggara-timur , Perak , Indonesia-general , Johor-bahru

Eddie Ong's digital move | The Edge Markets


BUSINESSMAN Datuk Eddie Ong Choo Meng — who, in the last few years, has invested in several public-listed companies that manufacture gloves, agrochemicals, furniture, plastic and industrial products — has now ventured into fibre optics.
Last month, Datuk Seri Mukhriz Tun Dr Mahathir, son of former prime minister Tun Dr Mahathir Mohamad, ceased to be a substantial shareholder of Opcom Holdings Bhd — which he co-founded in 1994 — after disposing of 24.63 million shares, or a 15.28% stake, in the fibre-optic manufacturer.
Few are aware that Ong was the buyer of that block of shares, which were acquired at 84 sen apiece, or a total of RM20.69 million, on Feb 10. This made him the largest shareholder of Opcom. Ong is also a major shareholder of listed companies such as Hextar Global Bhd, SCH Group Bhd, Rubberex Corp (M) Bhd and, most recently, SWS Capital Bhd.

Australia , Malaysia , Melbourne , Victoria , Sdn-bhd , Mahathir-mohamad , Negara-jendela , Choo-meng , Liking , Hextar-industries-bhd , Halex-holdings-bhd , Rubberex-corpm-bhd