Posted by Alex Chan > 2014-09-23 20:27 | Report Abuse

Obviously somebody profited from this. Including the shares rally, the integrity of management is undeniably bad. AVOID THIS COUNTER. there are a 1000+ others in bursa

Posted by youlee > 2014-09-23 20:37 | Report Abuse

Secret profit... wonder how much... maybe 10mil? 20mil? The 2 directors should resign immediately or sack at once! Protasco shouldn't diversify into O & G in the first place.

Posted by miapancho > 2014-09-23 21:21 | Report Abuse

ALL ARE CROOKS..FACES ALSO LOOKS SIMILAR LIKE VINCENT TAN..VERY CROOKY COMPANY..NEWBIES BEWARE

Posted by kk123 > 2014-09-23 21:22 | Report Abuse

Protasco is in danger .. Including their property project .. They shld focus on road maintainence which is their original speciality.

Posted by miapancho > 2014-09-23 21:23 | Report Abuse

DAMAGES ALSO MUST BE PAID TO INVESTORS

Posted by kk123 > 2014-09-23 21:28 | Report Abuse

If Protasco in trouble , so will nextgram as its same crooks

Posted by kk123 > 2014-09-23 22:03 | Report Abuse

Since the company has lose its credibility , if the banks pull back their line , maybe their property project will also be impacted .. So bahaya! $50 mil is a lot of money especially for midget co like Protasco

Posted by youlee > 2014-09-23 23:30 | Report Abuse

SC should take action instead of just sitting or waiting for politicians' complaints.

Posted by Hebatsaham > 2014-09-24 00:50 | Report Abuse

The big crock affecting all small investors is the MD himself profit from playing out other major shareholders using dirty tactic abuse power as a public listed company. There is zero integrity in the management. Unless the management is sleeping don't lie to investors they don't know or not profit from all the well planned trap of pump and dump. Also season investors like the two no matter how smart still falls into big crock conspiracy. I believe they are not that stupid be part of the MD trap. They must have their story, only they did not abuse plc simply use its announcement to do character assassination in hope to play out other major shareholders. Today big buying shows small investors are not stupid either did not falls into the MD's cunning plan. Way to go investors. Robber always cry robbery first, doesn't mean he is not robber. Tuhan ada mata akan dipanggil tunggu masa je.

Posted by hunter123 > 2014-09-25 11:28 | Report Abuse

Hebatsaham is Tey Poh Yee, dont bother hiding or using fake id, we see you :p

Posted by speakup > 2014-09-25 11:33 | Report Abuse

what happen to RHB's TP 2.50 for Prtasco?

Posted by hunter123 > 2014-09-25 11:38 | Report Abuse

may be institutions view the two crooks as a plague and their departure from P is a positive news to the investors