Mokhzani Mahathir sells corporate stakes to protect family name
KUALA LUMPUR: Datuk Mokhzani Mahathir, chief executive officer of Pantai Holdings Bhd and Tongkah Holdings Bhd, announced his withdrawal yesterday from the corporate world.The decision was made because he was disappointed with allegations made by irresponsible groups who tarnished his name and that of his father Prime Minister Datuk Seri Dr Mahathir Mohamad...
http://www.thestar.com.my/news/story.asp?file=/2001/4/27/nation/2701mokh&sec=nation
Mokhzani sells off 42.559 million shares
By Kathy Fong
PETALING JAYA: Datuk Mokhzani Mahathir sold a total of 42.559 million shares in Pantai Holdings Bhd to PAOS Holdings Bhd executive chairman Datuk Lim Tong Yong @ Lim Tong Yaim at RM2.80 per share, according to the KLSE.
According to the announcements, Mokhzani also disposed of his entire shareholding of 47.72 million shares or 28.69% in Tongkah Holdings Bhd through Bare Trustees.
http://thestar.com.my/news/story.asp?file=/2001/4/27/nation/2702tong&sec=nation