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Saturday, March 1, 2008

Gamuda’s Lin staying on

PETALING JAYA: Gamuda Bhd managing director Datuk Lin Yun Ling has given foreign fund managers an assurance that he will stay on to lead the construction group he founded for at least five more years. StarBiz understands that Lin spoke to foreign institutional investors via teleconference on Monday and told them that his move in selling his stake was not a signal that he was exiting Gamuda. He also told them that the fact that he was still heading Gamuda after trimming his equity interest in the company in April 2002 demonstrated his intention to remain in his post. Read more>
(The Star 27-2-2008)