Bilis Pangkor's comment on RENEUCO. All Comments
Bilis Pangkor
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who in this stock, let's vote with Kenanga investor to remove the Chairman in meeting.
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3 days · translate ·
HE YUAN TAN
what meeting do you mean ?
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HE YUAN TAN
the chairman is not Mustakim anymore, you means vote to remove the current chairman ?
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Bilis Pangkor
keep update on bursa anyway&registr, seek advice from MSWG, since 2024, institutions investors try to remove the chairman, but the resolution withdrawal, keeps his incompetency in vital position for 2years since 2024 AGM. These stocks hold 70% by retailers, but lack of involvement from retailers will keep this company in the graveyard. Seek advice from MSWG held by Bursa. Since you still have power evetho it is not listed.
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HE YUAN TAN
do you still have holding in this company ?
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Bilis Pangkor
still him, look at the voting report AGM and Bursa announcements, do your responsibility as you still hold in this private company.
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HE YUAN TAN
it's not him anymore, his role changed from chairman to Chief Executive Officer
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Bilis Pangkor
then who? haha, demoted to be a CEO by himself, download the annual report read who is the Chairman and CEO.
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HE YUAN TAN
where can we contact the Kenanga Investor ?
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Bilis Pangkor
not sure about that, I am really sure there is discussion between Institutional investors and the boards since before 2024. The boards keep emphasizing in the last meeting they are capable on negotiating and restructuring the company in 2025. Since the last chairman is the director, he still has the power to remove the Chairman. Full reset is what investors hope, but the creditor links to the board, making it riskier for the company for immediate full removal.
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