KOTA KINABALU, Dec 17 (Bernama) — Borneo Oil Berhad (BornOil) executive director Datuk Joseph Ambrose Lee (pic above) has emerged as the company’s largest shareholder with a block purchase of 1,258,108,250 BornOil shares.
In a filing to Bursa Malaysia, the company said that Datuk Joseph had made the purchase for RM110 million, or RM0.088 per share.