Apr 21 2023, 02:57 PM
QUOTE(contestchris @ Apr 21 2023, 02:38 PM)
Completely untrue, LPI Capital owns Lonpac in Malaysia and 45% of a general insurance company in Cambodia. It is is no way the parent company of Public Bank. Market cap RM4.5b vs RM75b
refer to the annual report 2022 (pg254) from LPI website, LPI is technically own by 'Consolidated Teh Holdings Sdn Berhad' (with 42.74%) which shareholder is 'The late Tan Sri Dato’ Sri Dr. Teh Hong Piow'... https://www.lpicapital.com/downloads/annualreport2022.pdf
and if you refer to Public bank annual report 2022 (pg319) from public bank website, PBB is also own by 'Consolidated Teh Holdings Sdn Berhad' (with 21.64%)...
https://www.publicbankgroup.com/media/nhvfq...-compressed.pdf
Thus both LPI Cap & PBB are separate companies and the only share a common shareholders which is Consolidated Teh Holdings Sdn Berhad...
This post has been edited by confusedway: Apr 21 2023, 02:58 PM
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