Daim's son buys 5.18% stake in Magnus Energy
According to the Spore Biz Times, Wira Dani b Abdul Daim, the son of former Msian finance minister Daim Zainuddin, has become the 3rd-largest shareholder in Spore Sesdaq-listed Magnus Energy.
He bought 80 million shares (a 5.18% stake) in the company through his British Virgin Islands-incorporated company, Skyline Agents, at a cost of S$17.6 million.
The 2 largest shareholders in Magnus Energy are also Malaysians - Harry Lee with 14.58% and Neo Kim Hock with 10.68%.
Maybe I should go buy some shares in Magnus Energy!