KUALA LUMPUR: MR DIY Group (M) Bhd billionaire founder-linked Bee Family Ltd offloaded 71.7 million shares via a direct business deal yesterday.
Tan Yu Yeh's interest in Bee Family is via his shareholding in Yeh Family (PTC) Ltd.
Bee Family is domiciled in the British Virgin Islands.
The move leaves Bee Family with a 50.109 per cent interest in the home improvement retailer.
The stock was trading between RM2.13 a share and RM2. 18 a share yesterday.
It closed at RM2.16 a share, giving it a market capitalisation of RM20.4 billion.
Bee Family' stake in MR DIY is valued at RM4.8 billion.