Mr Yu Chee Lieng was the co-founder of the Company and he had served as Executive Director of the Company since 1980. Mr Yu Chee Lieng had vast experience in the construction industry from heavy machinery operation to heavy machinery mechanics and marine engineering. Mr Yu Chee Lieng was also the director of several private limited companies.
Family Relationship
Mr Yu Chee Lieng was the brother of Dato Yu Chee Hoe, Datuk Yii Chi Hau and Mr Yii Chee Sing. He was also the brother-in-law of Mr Lau Kiing Yiing and Mr Lau Kiing Kang. Mr Yu Chee Lieng was substantial shareholder of HSL by virtue of his substantial interest in Hock Seng Lee Enterprise Sdn Bhd.
Interest
Direct - 9,138,873 ordinary shares of RM0.20 each Indirect - 321,267,207 ordinary shares of RM0.20 each
Conflict of Interest
Except for recurrent related party transactions of a revenue nature which were necessary for day to day operations of the HSL Group and for which Mr Yu Chee Lieng was deemed to have interest, there were no other business arrangements with the Group in which Mr Yu Chee Lieng had interest.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....