The youngest son of billionaire investor Tan Sri Chua Ma Yu, Chua Ray-Men, has emerged as a substantial shareholder in transport IT solutions company Go Hub Capital Bhd (KL:GOHUB).
The move comes just a day after Ray-Men entered into a conditional share purchase agreement to sell his 3.03% interest in Woodpeckers Group Sdn Bhd — the master franchisee of the IIlaollao frozen yogurt chain — to Hextar Industries Bhd (KL:HEXIND) for RM10.57 million. It is a part of a larger deal by Hextar Industries to acquire a 51% interest in Woodpeckers for RM177.5 million.
TheEdge13 Feb, 2026 21:45pm - 3 months