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

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...