- MIE Industrial Sdn Bhd ("MIEI") owns 72.75% shares in Seremban Engineering Berhad ("SEB");
- Dato' Khoo Chee Hiong ("KCH") originally owned 38,000,000 shares or 38% shares in MIEI equivalent to an effective interest of 27.65% in SEB;
- KCH disposed 4,000,000 shares or 4% shares in MIEI to another shareholder, Dato' Khairuddin Bin Othman, equivalent to an effective interest of 2.91% in SEB.
- At the same time, MIE Corporate Holdings Sdn Bhd, a company wholly owned by KCH disposed 3,000,000 shares or 3% in MIEI to Dato' Khairuddin Bin Othman equivalent to an effective interest of 2.18%.
- By virtue of his direct and indirect interests in MIEI, KCH 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....