ATC altech batteries ltd

Some google info on Tunku. Might be he wants the cash for other...

  1. 654 Posts.
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    Some google info on Tunku. Might be he wants the cash for other interests:

    "KUALA LUMPUR (Feb 9): KNM Group Bhd, which recently defaulted on debts of about RM417 million, said its director Tunku Datuk Yaacob Khyra will serve as its non-executive chairman from Thursday (Feb 9)"

    From a previous release:
    Managing Director Iggy Tan commented “Altech has been advised by the Board of MAAG that the recent change in shareholder position does not reflect its positive outlook of Altech's CERENERGY® Battery Project and Silumina AnodesTM Battery Materials Coating Project in Germany, as well as the HPA project in Malaysia. Despite this change, MAAG and Tunku Yaacob Khyra remain fully supportive and dedicated to the long-term success of Altech”.
 
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