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Taib’s son sells CMS shares to repay debts

KUALA LUMPUR: Datuk Seri Mahmud Abu Bekir Taib, Sarawak state governor Tun Abdul Taib Mahmud’s son, sold Cahya Mata Sarawak Bhd (CMS) shares to pay off his debts. Mahmud, a longtime CMS director, has almost halved his personal stake in the conglomerate since December last year.

Eyebrows were raised when CMS announced on May 26 that Mahmud had ceased to be a substantial shareholder. Between Dec 30, 2016 and June 5, 2017, the governor’s son had sold 38.88 million shares for a total of RM161.48 million in proceeds, based on regulatory filings.

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KUALA LUMPUR: Datuk Seri Mahmud Abu Bekir Taib, Sarawak state governor Tun Abdul Taib Mahmud’s son, sold Cahya Mata Sarawak Bhd (CMS) shares to pay off his debts. Mahmud, a longtime CMS director, has almost halved his personal stake in the conglomerate since December last year.

Eyebrows were raised when CMS announced on May 26 that Mahmud had ceased to be a substantial shareholder.

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Between Dec 30, 2016 and June 5, 2017, the governor’s son had sold 38.88 million shares for a total of RM161.48 million in proceeds, based on regulatory filings.

Language Undefined

✍ Sumber Pautan : ☕ Top Stories

Kredit kepada pemilik laman asal dan sekira berminat untuk meneruskan bacaan sila klik link atau copy paste ke web server : http://ift.tt/2sdLc7i

(✿◠‿◠)✌ Mukah Pages : Pautan Viral Media Sensasi Tanpa Henti. Memuat-naik beraneka jenis artikel menarik setiap detik tanpa henti dari pelbagai sumber. Selamat membaca dan jangan lupa untuk 👍 Like & 💕 Share di media sosial anda!

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