JOHOR BARU: Property developer Linbaq Holding Sdn Bhd founder Datuk Wira Ling Kah Chok has acquired all the stakes in Topspike Holdings Sdn Bhd.
In a statement issued by Milux Corp Bhd
, it said the stakes were acquired from another shareholder, Gan Boon Lay.
“Topspike currently holds 33.54% in Milux and this acquisition makes Ling the largest shareholder in the company.”
It said the recent changes likely signifies a significant shift in the company’s business strategy.
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