Because Thong who controls the useless board will do nothing. If you invest in insas everyone knows you are trapped unless the old man does something and the chances of that are little. That is why no one big will ever invest in insas. Same reason it is so undervalued as the real value will only come if something changes and at the moment and for many years does not happen

Everyone has given up on insas as per the boards plan with thong . A complete abuse of power and share manipulation but hey bursa does not care

Insas sell more inari shares, means main businesses and subsidiaries badly managed losing money like always

Hehe what everyone knows. Even the AGM they all looked incompetent. They now sell more inari shares like every quarter and to cover losses due to incompetence. I am sure they all get big bonus even though just a scam

Insas board are derelict of duty and laughing at the incompetence of bursa

Have people heard or think the old thong about to pull trigger on mbo ?

Warrants jumping , share price also going up…

What a surprise... Thong force through all his voting...

Finished. same as every year, thong well paid loyalists avoid answering questions and same repeated answers. very diddapointing

avoided even bringing up independent directors.
expect nothing from insas going forward.
Only option IF thong takes private. if not INSAS next 20 years same as last 20 years going nowhere....

questions done

another question. if 2025 so challenging and why you will not give cash back then why you are support a subsidiary like millennium expanding

Now talking about inveting, no longer startups. now more mature companies... they seem to travel everywhere at shareholder expense looking at investment

again talking all about long term investment even though most investment are failing.

question asked now on why independent directors are now asking for cash to be returned.
Board says shareholders should be happy with 3% return

yet another question on massive cash pile... how can the board say they need over 1 billion for working capital and possible investment. all under control of thong

same excuse, next year will be hard to know, Russia, middle east etc.
what rubbish

why property division losing so much money when others are doing well
Excuse coming.... all market condition issue not bad management....

omesti suppose to release financial results today

next question, omesti are up to date on rps. but yes in financial trouble

Inari next. what is happening with insas investment.
they keep saying prudent and blaming the world...

omesti, hohup . are they going pn17?
They are restructuring and selling land. they will see what happens
omesti also in financial trouble. still looking at it ...
terrible. Thong was and is board director.

now answers from shareholder questions

You look at each company share price of investment just bad...

profit last 4 years getting worse and worse
RM3.67 net asset (share price 93c)

now corporate video .... seeing all the subsidiaries that are losing money through bad management

oooh big one. Is thong controlling the board ??? woohoo
reply. Apparently they say they are legally ok, they claim not to be thong puppet. no one believes them

another angry shareholder. same 2.5c dividend and cash hoard. Same reply. we don't care. once it went up to 1.30, we did so well. apparently all market issue

Now a question on why share price so low and board are responsible for it compared to actual book value.
Answer is none of there issue or problem beyond there control... another very long answer avoiding answering it

repeat repeat same answers

again they are looking for more investments they can waste all shareholder cash on

Board are getting whacked by shareholder questions now. All saying board is terrible for not returning cash.
Same useless answers. cannot give cash back as russia etc. Absolute rubbish

They have recruited a management consultant to write answers.... they are sooo long winded and avoid any accountability

SAme rubbish from Chairman. They want to have a billion cash in the bank and refuse to give shareholders cash back. It's a completely rubbish answer that subsidiaries might need cash, and the war in Russia is really affecting insas. again wow on current share price shareholder should be happy with a 2.7% retune

AGM Started. Board look like dinosaurs

Microlink 9 ,
Omesti 7

I would love thong to buyout insas, i still have a few hundred k shares . Buyout would be at least rm 2 if not 2.50 . Can always hope.

Insas only exist as listed company for thong to make himself and his board director friends rich. Everything in the company has been so badly managed by useless over paid directors. Only thing is inari and thong will not sell that only due to his ego and arrogance to try and show the world he actually can do something right. He will never buy out shareholders and go private. No need when you have a corrupt board

Absolutely useless… thong and his useless board refuse to return shareholder cash to them. Disaster of investments, it is why even though share book value very high actual share price is terrible. They will now having let the share price plummet do do there incompetence say 2.5c on a 92c share value is a good return. They think all the shareholders are dumb and treat them like that.

Only 1c though 😂

Inari announce dividend to be paid before year end… perhaps thong will do for insas !

Insas will never grow… it has been run into the ground with terrible management and terrible investments except inari.

If Inari return the very big pile of cash to shareholders at there AGM insas shareholders might also have a chance as thong controls both boards.

Microlink 11.5c caput!!
Omesti 7c caput
M&a 27.5 not caput but after all reverse takeover etc insas shareholders get nothing
Hohup 17 cents caput
Insas - loss making except for selling assets, very sad
Inari now 2.89, now twice went high, insas never sell ans make profit and give shareholders returns as thong asleep at board and ego too big

Insas has a Thong problem! He has no care for shareholders , has now single handedly sent many subsidiaries bust and appointed a board of muppets who do not care about there duty just picking up money

@sslee , you should have asked why so
Many investment companies so badly managed, even insas itself is losing money if not for selling inari shares.

Thong trying to drop insas share price so crappy 2c dividend looks good as a return

Insas warrant 13.5c
Tong of the edge bleeding so badly, must have lost 75% now

2 cent dividend, most likely, and the company is performing terribly.
The board will say they are doing their duty even though they know they are legally not...

Omesti 7 cents
Microlink 13 cents
Insas 94 cents

MGO 😂

Like board meetings and everything insas thong writes what they say !