APB Resources Berhad, a fabricator of design engineering equipment announced that Dato’ Koon Poh Tat has emerged as a substantial shareholder in the Group with a direct 5.73% stake following the acquisition of 6.35 million shares.
The group said the shares were acquired on 13 June 2023 from the open market, Dato Koon is a co-founder and Executive Director of Press Metal Aluminium Holdings Berhad, an integrated aluminium producer. He is also the Executive Director of PMB Technology Berhad, a fabricator of aluminium facade systems for buildings.
At the same time, the Group also announced the appointments of Dato Sri Abdul Rahim Jaafar as Chairman, Mr. Liaw Wei Gian as Executive Director and Mr. Chin Choon Wei as Executive Director. Dato Sri Abdul Rahim retired from the Royal Malaysian Police in 2021 as Director of the Department of Internal Security and Public Order. He is a member of the Police Force Commission. He is also the Chairman of Artroniq Berhad.
Liaw is an Executive Director and Chief Executive Officer of Artroniq and Chin is Chief Financial Officer of Artroniq.
APB’s share price closed at 2.92sen, an increase of 29.78% compared to yesterday’s 2.25 sen.
