Vincent Tan now a substantial shareholder of T7 Global
KUALA LUMPUR: Berjaya Corp Bhd founder and executive chairman Tan Sri Vincent Tan has emerged as a substantial shareholder in Malaysia-based international service provider in the oil and gas industry, T7 Global Bhd.
According to a statement released today, Tan has taken up 21 million shares, or a 5.04% interest in the group.
“The board recognises Vincent Tan’s emergence as substantial shareholder and is confident that under the executive management team’s leadership, the group will continue to make substantial progress for the company. We believe there is further upside in our business and ability to grow value to our shareholder,” said T7 Global executive deputy chairman Tan Sri Tan Kean Soon.
Source: The Sun Daily