KUALA LUMPUR (Aug 10): Former executive chairman of Caely Holdings Bhd Datuk Wira Ng Chun Hau has disposed of 2.03 million shares in an off-market trade leaving him with 113,000 indirect shares in the lingerie maker, according to a bourse filing on Wednesday. Prior to this, he held 2.14 million indirect shares or a 0.829% stake in the lingerie maker.

Ng also holds a direct 4.603% stake or 11.89 million shares in Caely.

He resigned on May 13 as group executive chairman to “pursue other personal opportunities”.

Caely came under the spotlight in April after one of its subsidiary’s bank accounts was issued a freeze order by the Malaysian Anti-Corruption Commission.

Caely shares were unchanged at 31 sen on Wednesday, which translates into a market capitalisation of RM78.76 million.