- MIE Industrial Sdn Bhd ("MIEI") owns 72.75% shares in Seremban Engineering Berhad ("SEB");
- Khairuddin Bin Othman ("KO") originally owned 24,000,000 or 24% shares in MIEI equivalent to effective interest of 17.46% in SEB;
- KO acquired 3,000,000 shares or 3% shares in MIEI from another shareholder, MIE Corporate Holdings Sdn. Bhd., equivalent to an effective interest of 2.18% in SEB;
- KO also acquired 4,000,000 or 4% shares in MIEI from another shareholder, Dato Khoo Chee Hiong, equivalent to an effective interest of 2.91% in SEB.
- By virtue of his direct interest in MIEI, KO is deemed substantial shareholder of SEB pursuant to Section 8(4) of the Companies Act 2016.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....