Saeed Investment, which invested in the company back in 2018 at around 9.9 US cents (13.3 cents), holds 50.22%; Wong, the company's CEO, holds a direct stake of 31.82%.
Atlantic Navigation Holdings’ (SGX:5UL
) significant shareholders, Saeed Investment and Bill Wong Siew Cheong, have been exploring “strategic options” in relation to their interest in the company.
The company says it was just notified on May 24.
