Entrepreneur sets his eyes on Alcom after selling King Koil

YEOH Jin Hoe may be starting to create an image of a savvy entrepreneur who sniffs out a good opportunity following his latest bid to buy over Aluminium Company of Malaysia Bhd (Alcom). Yeoh has certainly come a long way from being a school teacher in Kedah to owning three public-listed companies.

Over the last few years, the 69-year-old Yeoh has made some acquisitions at opportune price levels during times of distress. He has build up those companies and created a whole lot move value subsequent to his entrance into them.

Back in 2009, when a 32.9% controlling block of Kian Joo Can Factory Bhd was up for sale because of an internal family feud, Yeoh bought the stake via his entity, Can-One Bhd for RM1.65 a share or cash of RM241.1mil.

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