Tee increases stake in E&O
PROPERTY developer, EASTERN & ORIENTAL BHD
(E&O), whose flagship project at Sri Tanjong Pinang waterfront development is set to last 20 more years, has always seen Datuk Seri Terry Tham as the individual with the single largest block of shares.
However, in recent weeks, Datuk Tee Eng Ho of KERJAYA PROSPEK GROUP BHD has emerged as the person with the single largest block, holding 17.55% in the property development company.
Tee is not a new name in E&O. He came on board the company in recent years and has been gradually buying up more shares in the company as government-linked agencies reduced their stakes.
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