IdleMoney66 Sarawak Consolidated Industries Berhad (“SCIB”) is a wholly owned Bumiputera company. Founded in 1975, 20/01/2022 10:43 AM so? It still belongs to Karim.. You got what as a bumiputera? Haha
Are you happy for other people misery newtrader1989? Get a life dude...chech with professionals...many people here stuck their hard fun money...you just laugh?
I am telling the possibile future. Laughing only to those who are still hanging around. The misery is not much compared to those in SD. So if wanna get stuck there forever. I cannot help
Don't have to apologise to people here. Most of them deserve to lose money. When the price go up they were arrogant, cakap besar makan diri.
newtrader1989 I am telling the possibile future. Laughing only to those who are still hanging around. The misery is not much compared to those in SD. So if wanna get stuck there forever. I cannot help 21/01/2022 4:58 PM
Yg ko nk sakit ati sgt org suka saham tgh naik tu kenapa da nama pon Scib forum n most of them got share in scib..kalo lu xsuka dgn ini stock chow jela xpayah nk condem2…
Early last week, Sarawak Consolidated Industries Bhd (SCIB) released its annual report for the financial year ended June 2021.
The analysis on its shareholders is rather unusual. Under the directors' shareholding and substantial shareholders category, the company’s non-independent non-executive chairman Datuk Mohd Abdul Karim Abdullah is stated as having almost a 24% stake in SCIB.
However, on the list of its 30 largest shareholders, dated Jan 11 this year, Abdul Karim’s presence is conspicuously subdued. He is listed as the third-largest shareholder with 12 million shares, representing a 2.06% stake. Topping the list of the top 30 shareholders is Sarawak Economic Development Corp, which has 4.45% equity interest or 25.92million shares, followed by Hung Tiong Si with 24.5 million shares, or a 4.2% stake. The last of the top 30 shareholders is Abdul Manap Abdul Wahab with 1.1 million shares, or 0.19%, in SCIB.
To put things in perspective, Abdul Karim’s 24% stake equals 139.67 million shares, but only 12 million shares show up on the list of top 30 shareholders. So does this mean the rest of Abdul Karim's stake is held in block sizes of less than 1.1 million shares that do not qualify to be in the top 30 shareholders list? The same thing can be seen in SCIB’s warrants, where Abdul Karim as a director and substantial shareholder is stated to have 13.59% of the company's warrants, but is absent from the list of top 30 warrant holders.
Considering that Abdul Karim's interest in SCIB is not fully reflected in the list of shares and warrants held by the top 30 shareholders, a question that comes to mind is whether there are some inaccuracies in SCIB's annual report. Or whether Abdul Karim's interest in SCIB that is held in small blocks of shares does not qualify to be on the list of top 30 shareholders?
True, wanting to go for the long term is like buying sludge and you need to wait for sediments to separate and then you can identify the good from the bad.
T800Terminator Go for long term. Look at Dsonic when AZH arrested of corruption last 3 years. 23/01/2022 11:30 AM
They like to laugh at the people misery...probably due to child abuse history or loss too much in stock market...we should give constructive feedback instead of destructive..express opinion based on TA or FA and why we must sell or hold the stock...not saying will drop until no tomorrow then delete comment after price rebouce..
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....
FaridIsland
1,341 posts
Posted by FaridIsland > 2022-01-20 08:25 | Report Abuse
Gogogomco...translate la...cant undestand laaa
Tq