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PUTRAJAYA: The Court of Appeal has upheld a High Court ruling ordering two former Protasco Bhd directors to pay the company RM84.64 million in damages over a fraudulent US$27 million investment in an Indonesian oil and gas venture.
company in nett cash position, why don't declare dividend to reward shareholders ? some minority shareholders haven't received dividend for quite some time.
Stay away, a most corrupt company saddled with tons of litigations and manipulators. Serious long term investors can pick PChem, TM, SIME, ORIENT, PPB with potential long term gains vs risks.