Oiltek, as indicated in its FY2024 annual report, is 68.14% held by Koh Brothers Eco Engineering, which in turn is 54.81%-held by Koh Brothers.
Koh Brothers Group has declined to put forward a resolution requested by certain shareholders agitating to receive the distribution of Oiltek International shares that KBG holds indirectly.
According to KBG on March 25, a group of shareholders had asked KBG to include at its upcoming AGM a resolution to make subsidiary Koh Brothers Eco Engineering distribute shares it in turn holds in Oiltek International.
