KUALA LUMPUR (Oct 27): Datuk Yeow Kheng Chew has ceased to be a substantial shareholder of Yinson Holdings Bhd, after disposing of 101.77 million shares, which represented some 9.33% in the company, based on its outstanding shares. In a bourse filing, Yinson said the shares were disposed of by Yeow via Trinity View Sdn Bhd, in which Yeow had direct interest. Kencana Capital’s stake sale resulted in the cessation of Mokhzani as a substantial shareholder in Yinson. At the time, Yeow was the executive director of Kencana Petroleum, while Mokhzani was its chief executive. Both Mokhzani and Yeow resigned from Kencana Petroleum in 2015.

Source: The Edge Markets October 27, 2016 15:39 UTC