Kentz's major shareholder slashes stake

Two non-executive directors of engineering services firm Kentz are to substantially reduce their shareholdings in the firm.

Two non-executive directors of engineering services firm Kentz are to substantially reduce their shareholdings in the firm.

Kerbet, a company which represents the holdings of Tan Sri Mohd Razali Abdul Rahman and Hassan Abas, both of whom are non-executive directors of Kentz, intends to sell 12m Kentz share via a secondary placing. Tan Sri Mohd Razali Abdul Rahman is Chairman of Kentz.

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