Acoustech MD acquires 7.8% stake in CN Asia Corp

TheStar Fri, Jun 18, 2021 09:10am - 2 years View Original


Yee, who was recently appointed as the group managing director of Acoustech Bhd, acquired 11.76 million ordinary shares in CN Asia on Wednesday.

PETALING JAYA: CN Asia Corp Bhd has seen the emergence of a new substantial shareholder after Yee Wei Meng purchased a 7.79% stake in the company.

Yee, who was recently appointed as the group managing director of Acoustech Bhd, acquired 11.76 million ordinary shares in CN Asia on Wednesday.

He is believed to be the largest shareholder of the group currently.

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