Posted by Edmund See > 2016-10-06 09:04 | Report Abuse
Tek Seng only issued a short memo to Bursa to clarify the matter after their memo leaked out. They clearly underestimated the magnitude of the crisis, it show they are slow & not decisive enough in crisis management.
Transparency, on time & disassemble of appropriate information is paramount to a Public Listed Company (PLC). As a public listed company, they are responsible to thousand of investors, not one or two unhappy customer. The company should instead hold a proper press conference to clarify the matter.
Now the company not only losing substantial market value, the crisis also affecting the confidence of the whole investment community which include not only the individual investor, but also the fund manager, lender, investment bank, and even their business partner, supplier and customer.
Posted by khphua25 > 2016-10-08 14:02 | Report Abuse
This share going to Holland way...
No result.
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save malaysia!
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save malaysia!
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Olga
773 posts
Posted by Olga > 2016-10-05 19:59 | Report Abuse
7200 Tekseng - Free Fall or Money Fall From Sky
http://klse.i3investor.com/blogs/teksengbhd/105812.jsp