Kim Yew sells down Metronic stake, Sanichi and MNC step up buying

TheStar Thu, Sep 24, 2020 07:24pm - 3 years View Original


Tan Sri Lee Kim Yew pared down his shareholding in loss-making Metronic Global Bhd after selling 123 million shares on Thursday.

KUALA LUMPUR: Property tycoon Tan Sri Lee Kim Yew pared down his shareholding in loss-making Metronic Global Bhd after selling 123 million shares on Thursday, a filing with Bursa Malaysia showed.

After the disposal of the shares, which represent a 9.84% stake, his shareholding is believed to be 25.51 million shares or 2.04%.

The issued shares of Metronic, which is involved in engineering services, is 1.25 billion units.

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