Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
all depends on how the court decides on the marital assets split. we never know. for now, I wonder what transpired during the AGM until such sell down. anyway am waiting for 0.29-0.3 to enter more
if the ex wife wanna seize control of the company, she can start to acquire now at low price since the husband is dirt poor now with all his accounts and assets frozen.
waiting for the wife to take action as she has been quiet so far. She has 17.1% while the husband has 23.2% if she starts to collect and pump up her holding to 30%, easily she would be able to kick out her husband. unless Stanley somehow managed to raise some funds and out buy each other. that probably would push back Supermax easily to RM1
The estranged wife of Supermax co-founder Stanley Thai, Tan Bee Geok, is seeking the liquidation/winding-up of Supermax Holdings Sdn Bhd as part of their contentious divorce proceedings. A High Court judge issued an order in May 2025 to stop Tan from pursuing the winding-up of the company until their divorce is fully resolved, stating that family courts do not typically have jurisdiction over winding-up matters, which fall under commercial or insolvency courts. Tan has since appealed this ruling.