Dad build up the company for so long, then came his children go sell pulak.

ez money, ggwp.

The only question that matters.

Founding family also cabut, hard to have confidence

Since Public Bank Bhd is purchasing the stake in LPI Capital using cash (1.72 billion ringgit), the cash reserves of Public Bank Bhd will be reduced.
There was no mention of a share exchange between LPI Capital Bhd and Public Bank Bhd in the transaction.

1. Increased the asset of PBB. Harder for the others to M&A.
2. In case M&A of PBB took place, they gets to sell both at premium.

Everybody knows why the family holding needs to pave down and to who la..

First day?

Who purchase who now? No ur statement confuse me.

The bank gonna acqirw lpi, not the other around right?

Even public bank wanna tunggang the Islamic Banking concept nowadays.

can dump if sell at discounted price. sure got taker one la. but mostly institution and transaction oso not done like we retailers have to undergo.

But why Teh Family cannot each person hold 5 percent shares?
William Teh Lee Pang

Lillian Teh Li Ming

Lillyn Teh Li Hua

Diona Teh Li Shian

Total 20 percent......
Just sell 3.41 %....
The Teh family, through Consolidated Teh Holdings Sdn Bhd and the estate of Teh Hong Piow, holds a 23.41% stake in Public Bank,

making them the largest shareholder of the bank. Based on Public Bank's issued share capital of 19.4 billion shares,
CGS International Securities Malaysia estimates that the Teh family will need to sell 2.6 billion shares.
That accounts for the bulk of their net worth of $5.4 billion, making them the third richest family in Malaysia, according to the list of Malaysia’s 50 Richest published by Forbes Asia in April.

she looks super good for her age
  i dont mind
she puts many 40 year olds to shame