Yes, SYF's Ng Ah Chai has gained control of Meico Chipboard Bhd. Don't expect Ng to merge Mieco's operations with that of SYF' board and furniture business.
But do expect, Ng to tap the brains of SYF' s public face Chee Hong Leong.
One can expect a balance sheet cleaning exercise to take place, which could last anywhere between three months and six months.
After that, one can expect Meico to be the stock with the 'Chee'.
Friday, 7 October 2016
Akbar Khan Out, Ng Ah Chai In
