KUALA LUMPUR (March 2): S P Setia Bhd’s former chief financial officer Yap Kok Weng disposed of 2.70 million shares on Feb 28 following the conditional mandatory takeover offer.
A filing to Bursa Malaysia showed he had accepted the conditional mandatory take-over offer by Permodalan Nasional Bhd and S P Setia president and chief executive officer Tan Sri Liew Kee Sin.
Yap was the CFO until July 2009 but remained with the group as the executive vice president in charge of strategic planning pursuant to an internal reorganisation of responsibilities within the group.
A filing to Bursa Malaysia showed he had accepted the conditional mandatory take-over offer by Permodalan Nasional Bhd and S P Setia president and chief executive officer Tan Sri Liew Kee Sin.
Yap was the CFO until July 2009 but remained with the group as the executive vice president in charge of strategic planning pursuant to an internal reorganisation of responsibilities within the group.
