Why is the director of Pestech buying up own shares? In 2 different placements? Is it to make it look like there is demand on the shares? Is it to shore up the price?

https://www.facebook.com/104141378927645/posts/117575817584201/

Wanwarta, kenapa senyap jer? Profile kena burn lagi ke?

From the chart, Pestech looks like its buying back shares to inflate share prices at end of day.

Hornbill, go see wartawan rimba's Facebook page: https://www.facebook.com/104141378927645/posts/104148588926924/

Even got picture.

Lanpa, you are right by insinuating that they are getting contracts via bribery. That's why got case. Colas when they found out CRSE was involved in mrt hanky-panky, they SOLD their shares.

What does a Philippines project have to do with the MACC case involving MRT?

OH MY GOD! ARE YOU SAYING THERE IS BRIBERY INVOLVED IN THE NABAS SUBSTATION PROJECT AS WELL?!?!?!?!

People will say, "so what if director of CRSE account gets frozen?" CRSE is 100% owned by Pestech and that means direct impact to BERHAD co if anything happens.

Apparently MRT and MOT people are being called up for questioning by MACC.

Interesting because one would think Kenanga acts in the interest of the investing community. It is impossible that Kenanga does not know that PESTECH is under MACC investigations for MRT 2 project.

Kenanga, who are you truly looking out for?

@trading2019, it's not about shorting the counter with fake news. It is news investors need to know to make informed decisions.

You decided to report abuse on my profile because I asked you for proof on what you said was NFA while the link I share was proof that MACC had caught Pestech directors and the case is ongoing.

The moment you could not provide proof, you report abuse. Very good. But by doing that, you are the one shorting the counter because now people want to see your No Further Action proof.

Are you going to burn my profile again because I am asking you to proof what you say? If you can't provide proof and my profile gets burn again, it shows you are trying to hide the truth that Pestech directors are indeed arrested and being investigated by MACC.

So if you are ok with backdoor contracts, how come you not ok with backdoor government? If you condone corruption for projects, you should not be complaining about backdoor government or corruption in government.

Of course projects got kickbacks but not until MACC investigate. No Action Taken? Are you sure? Please show article that states NFA for current case.

No, I do not think you were born yesterday. But only want people to make informed decisions. And yes, this is a new account being used.

https://www.facebook.com/101808072495833/posts/102813629061944/

@BabaSW, yes bribery case.

For more details on the case: https://www.facebook.com/101808072495833/posts/101832899160017/

If guilty, CRSE directors also sit on PESTECH International Bhd.

buy/sell/hold? what you chaps reckon?

I'm not too sure about the prospect of the counter because MACC is understood to have detained the former and present directors of Pestech subsidiary - CRSE Sdn Bhd for soliciting and accepting bribes.

https://www.thestar.com.my/news/nation/2022/03/22/mrt-project-linked-firm039s-three-directors-two-ex-directors-held-by-macc

This CRSE company investigation is related to a RM693million MRT 2 contract for Power Supply and Distribution System package.

I would not do anything until MACC clears the directors. If they are guilty, the counter could very well tank.