Stay updated with breaking news from Hextar rubber sdn. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
KUALA LUMPUR (Nov 2): Agrochemical businessman Datuk Eddie Ong Choo Meng has emerged as Ipoh-based transport terminal and bus operator Perak Transit Bhd’s second largest shareholder with a 6.923% stake. ....
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. ....