Paid themselves a huge dividend in 2018 resulting in a third of their book value to decrease. Why do they need IPO proceeds? Sounds like they are cashing out and kicking the risk for the public to fund their next venture. Are they not confident in their own organic growth?
Next generation stewardship of the company is very questionable as the sons, Daryl and Dexter are more interested in appearing in Tatler and running their cyber cafe Virtual Reality pet projects.
Stock: [INNATURE]: INNATURE BERHAD
2020-02-20 16:09 | Report Abuse
I'd be weary of the family that runs this business.
Dato' Simon settled with the Securities Commission for a proposed case of insider trading of Crest Petroleum Bhd in 2003. See point 3.5 of prospectus.
Datin Mina claims that she wants to bring ESG to the investing world with TBS yet the inmage is tarnished with greenwashing and astro-turfing
https://www.bbc.com/news/business-38905530
Paid themselves a huge dividend in 2018 resulting in a third of their book value to decrease. Why do they need IPO proceeds? Sounds like they are cashing out and kicking the risk for the public to fund their next venture. Are they not confident in their own organic growth?
Next generation stewardship of the company is very questionable as the sons, Daryl and Dexter are more interested in appearing in Tatler and running their cyber cafe Virtual Reality pet projects.
https://my.asiatatler.com/society/june-cover-story-eco-warriors-climate-change
https://www.thestar.com.my/metro/metro-news/2018/07/12/annual-gathering-of-anime-and-manga-fans-cosplay-competition-finals-highlight-of-this-weekends-summi/
Overall shady characters.