Former MAS chairman Tajudin Ramli making comeback via CN Asia?


Dateline 2014-07-24, Malaysia Chronicle:

Tan Sri Tajudin Ramli, the former boss of Technology Resources Industries Bhd, is believed to be making a corporate comeback possibly via a takeover of loss-making CN Asia Bhd.

It is learnt that the possible deal will see oil and gas-based CN Asia’s managing director Ho Cheng San disposing of his entire 40 per cent stake to Tajudin.

K&N Kenanga is said to be one of the advisers for the deal.

CN Asia’s second largest stakeholder is Charles Ross McKinnon, a former special economic adviser to Kumpulan Darul Ehsan president, the investment arm of the Selangor government.

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