Hafiz had an additional RM1 million compound imposed on him for falsifying the accounting records of a Serba Dinamik subsidiary. He disposed of 9.9 million shares, or a 0.267% stake, at 10 sen each in the open market. Goh and Chin bought 160 million shares each from Pacific Carriers Ltd, an entity controlled by tycoon Robert Kuok, last month. The 320 million shares in total is equivalent to a 32% stake. Despite his exit from the board of the lingerie maker, Ng still owns a 16.96% stake (43.79 million shares), and a 7.04% indirect stake (18.19 million shares).

Source: The Edge Markets May 14, 2022 04:45 UTC