View Full Version : Quek Leng Chan buys 12% stake in Petra Perdana

17-05-2007, 06:13 PM
A Bloomberg report in the Spore Business Times today said that Quek Leng Chan bought a 12% stake in Petra Perdana Bhd.

This will make him the 3rd largest shareholder in the oil and gas services company.

His stake is valued at RM123 million based on Tuesday's closing price for Petra Perdana shares on Bursa Msia.

No doubt, this is loose change for billionaire Quek!

Petra Perdana's two largest shareholders are Nariza Hajiar Hashim and Ibrahim Petra.

Note to myself: call my broker! :D

17-05-2007, 08:05 PM
He seem to slow down ,no direction lah