Mokhzani Mahathir and KC Yeow part ways
Separate ways: Kencana Capital’s two main players - KC Yeow (left) and Mokhzani. A restructuring in the company will see Mokhzani ending up as the sole owner of Kencana following the capital exercise
PETALING JAYA: The two principal owners of Kencana Capital Sdn Bhd – Tan Sri Mokhzani Mahathir and Datuk Yeow Kheng Chew, better known as KC Yeow - are splitting their business interests in the investment holding company as part of a large scale restructuring exercise.
Part of the reshuffle involves the buyout of Yeow’s stake in Kencana Capital.
In turn, he is acquiring Kencana’s stake in Yinson Holdings Bhd. The swap essentially means that Mokhzani will end up as the sole owner of Kencana following the restructuring.
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