A surprising line up of SCIB's top 30
Datuk Mohd Abdul Karim Abdullah, the former chairman of $SCIB / 9237 (SARAWAK CONSOLIDATED INDUSTRIES BERHAD), has divested his significant 23.996% stake in the company. His holding of 139.67 million shares was force-sold in July 2023, marking the end of his ownership.
The latest annual report reveals a notable transformation among the top 30 shareholders of the company. Here's a glimpse:
1. Huang Tiong Sii (4.22%) – An influential figure in Sarawak, serving as the Vice President of Sarawak United People's Party (SUPP), a component party of Gabungan Parti Sarawak (GPS). Tiong Sii holds positions as MP for Sarikei, ADUN for Repok, and Deputy Minister of Natural Resources, Environment, and Climate Change under the leadership of Anwar Ibrahim in the unity government.
2. Chan Yok Peng (3.12%) - Founder and managing director of the now delisted company, Sumatec Resources Berhad. He currently holds shares and an executive director position in $KLSE-ALRICH.
3. Keh Chuan Seng (1.37%) - Founder of Frazel Group of Companies and a major shareholder and director in various listed companies, including $KSSC / 5192 (K.SENG SENG CORPORATION BERHAD), EG, HBGLOB, $TEXCYCL / 0089 (TEX CYCLE TECHNOLOGY (M) BERHAD), and GESHEN.
4. Jason Koh Jian Hui (1.47%) - Serving as the managing director and major shareholder of $ECOMATE / 0239 (ECOMATE HOLDINGS BERHAD).
5. Chiau Beng Teik (0.80%) and Chiau Haw Choon (0.78%) - Noteworthy figures in the stock market as substantial shareholders in various listed companies. As founders of $CHINHIN / 5273 (CHIN HIN GROUP BERHAD), they hold significant shares in CHGP, AJIYA, FIAMMA, SIGN, and SLVEST.
6. Liaw Way Gian (0.61%) - Executive director and CEO of ARTRONIQ and an executive director of APB.
7. Chin Choon Wei (0.58%) - Serving on the boards of SCIB and APB, and also as the CFO of ARTRONIQ, indicating a close working relationship with Liaw.
8. Gan Chow Tee (0.58%) - CEO of EDUSPEC, a non-executive director of YB, and an executive director of FITTERS.
