Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
The privatization led to a significant cash outflow of RM90.6 million (Page 4), contributing to a net decrease in cash and cash equivalents from RM448.7 million to RM261.6 million (a RM187.1 million drop, including other outflows like dividends of RM34.7 million).
Been following the stock for years, I remember one of the red flag was the company invested in the chairman son company at 100million valuation. And I think they company wasn’t making money that time What on earth ??
will be good if the board can provide more clarity on the collab with Taiwanese companies as 90M is a big number. and the on-going lawsuits with Ocado.