The company confirmed that its major shareholder, the tycoonRobert Tan Hua Choon, has “held preliminary talks with some parties to explorepotential business dealing, but we have not at this present time deliberatedthe matter at board level, as negotiations are still preliminary.”
Malaysian reports said Tan was looking to unlock the value of some his listedcompanies.
He is looking to steer PDZ towards becoming an offshoreplayer and could take over a company in that sector, with a new shareholderinvolved.
