KENMARK: Taiwanese's shareholdings down

FINANCIALLY troubled furniture maker Kenmark Industrial Co (M) Bhd said record of depositors showed that the shareholdings of Chen Wen-Ling have decreased to 13.83 million, or 7.76 per cent, from 16.51 per cent previously as of June 7.

Chen, who is one of the company’s Taiwanese executive directors, and previously the second largest shareholder, held 29.44 million shares previously on April 23.
- Business Times