Public info. I think the company transparent, their direction are clear and they work with great speed.

Management Team of the Company is very important. I will highlight some, at time. One of the board members, En. Amirruddin currently is Director General of Felda (#1) also ex President and Managing Director of KPJ Healthcare for many years, well known in the industry. I think Ipmuda going to be significant player in Healthcare. They are on acquisition and expansion mode.

Buy RM1 get 30sen ...ki ki ki

30% special dividend

You can see their project here
https://youtu.be/5wju4lbBJT4

All ready to start charging Sabah Electricity.

The only seller Mentari, they are trapped over 6yrs or so. MD is professional not Towkay, RM500K or so is already a lot for him. As I quoted on Peter Lynch " Insiders might sell their shares for any reason number of reasons, buy they buy them for only one; they think price will rise.

Their right issue are actually free....they give you a choice to take cash on Special Dividend or you can change (take up) right issue with your Special Dividend. They want to raise RM30M back and if shareholders didn't take up enough, their substantial shareholder to provide an irrevocable and unconditional undertaking to subscribe in full for their entitlement. So they are not trying to raise money from public/shareholders.

Look at Sunway; good news, sell 16% for RM750M but still people sell on news...profit taking...eventually will climb higher.

Look at the pattern; Ipmuda will shoot up then retrace and consolidate before go higher each time. The drop due to contra player force selling.

Did you know they has been holding it for many years and if not mistake their cost RM6, per piece, so for first time in 5 years they able to recover some.

Insiders might sell their shares for any reason number of reasons, buy they buy them for only one; they think price will rise - Peter Lynch

From RM65M disposal gain, co give back to shareholders almost 50% ; RM30M i.e 30sen per shares. That very generous, unlike many, they can just keep it, especially during covid19

This is an old company incorporated in 1975 with many properties/land bank which never did new valuations. I am sure the true NTA of this company is very high. The new management already inform that they going to do asset rationalisation exercise to unlock and realise the value of its non-core assets....to put non productive assets to work...so I expect more asset sales and more extra ordinary gains for shareholders.

Powerful proposal, will benefit to shareholders the most. There are no fund managers buying/ holding this stock yet...due to small size of capital. So mostly now up to small retailers and few with knowledge...that why I think...currently price drop, where it should be limit up.