Regardless whether share price will go up, OR how much it has risen over the past few weeks, as investors we have the right to know why is the Board of Directors disposing their shares in significant amount, with no apparent reasons.

All retail investors should bombard their Corporate Email (info@powerwell.com.my), FB page & any other social platform they have with inquiries to demand for an answer. Transparency must be upheld.

It is within the Director's right to Buy or Dispose their own shares at any given time, but if the amount is too large and over a short period of time, then explanation is required.

If the company is truly performing well with a healthy order book, then there shouldn't be any need for disposal, unless the Director misuse insider information to illegally trade.

Supposedly if the disposal of shares is a restructuring exercise, then it is the Directors obligation to inform investors to whom the share is going to.

As of date, we still have no answers behind the disposal. FYI within 2024, the company has disposed 147,500,000 units of shares within 3 months (Mar'24-Jun'24).

Why is no one red flagging this to the Company & Bursa?