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Boardroom fighter re-emerges at KLW
Quek Chek Lan, who has become the single largest shareholder, plans board restructuring
Add BT as a preferred sourcePublished Thu, Sep 3, 2015 · 09:50 PM
Singapore
A VETERAN fighter of boardroom wars has re-emerged and is now planning directorship changes at furniture maker KLW Holdings.
In a transaction that made him a substantial shareholder and the single largest shareholder of KLW, Quek Chek Lan on Aug 26 bought some 980.4 million KLW shares, or an 18.22 per cent stake, from KLW managing director Lee Boon Teck for S$4 million, or about 0.41 Singapore cent per share.
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