Jho Low's father cuts stake in Frencken
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Singapore
LARRY Low Hock Peng, the father of fugitive financier Jho Low, has ceased to be a substantial shareholder of Singapore-listed contract manufacturer Frencken Group.
Mr Low, who was Frencken's non-executive and non-independent chairman until he resigned in 2016, reduced his holdings from 8.14 per cent to 4.74 per cent last Friday, according to an exchange filing on Wednesday.
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