Those who cashed out earlier will be able sit and watch the drama. From the profits, buy some beer and tidbits and enjoy the CNY. No worries, no sweat.
I really like point number 5 which in order to save the road tax, the car was bought under private name for company use. Wow.....it is just WOW....oppsss....should i say Meow.......unbelievable.
Does this consider hanky panky in the company. & don't tell me Eddie wasn't aware of this. We only get to see this when relationship turn sour and they start to wash each other dirty linen on the street. Not sure what else is out in the public yet.
No point la you sue him, he sue you. Its just a waste of time and money, sit down and discuss amoung the BOD and settle with ease rather than washing dirty linen in public. Any wrong doings if any, correct it and go straight for the betterment of the Co.
Phobe. get the fact right. The car was lucky draw prize from CIMB bank campaign, not brought using company money.
From my view, I don't see a point to argue over a car. It just few penny compare to company business size. As for thermal paper, let wait for the independent investigation result.
However based on their recent action: 1. disrespect the board decision 2. took documents that might obstruct investigation of their case 3. disrespect AGM outcome just because board of directors decided to investigate and suspend them from duty 4. purposefully press down company share price
That really make me question about their professionalism and are they still fits to leading the company going forward. They have create a bad example where they can fire board of directors simply because their decision is not align with them and they can endlessly conduct EGM when the vote is not in their favor.
Car ownership matter little to me as it was not brought with company money and it won't have significant impact if the car transfer to company. if I am the one in charge, i will relinquished company right over that car. Not worth to fight over a Toyota car.
of course the car ownership is a small matter but pls don't forget there are other serious matters listed. I mentioned the car matters because it is hilarious but seriously, it is all about good governance regardless if it is 1c or half million.
Phobe: That I agree with you. This company have serious issue with governance that need immediate attention and reform to gain trust of public. Thus far, it seem like 2 Ng is bring the whole company and all stakeholders down just because a case investigation is open against them. Action that they made thus far seem retaliation board members and indirectly affect public investors. I wish Bursa will open a case against 2 Ng as well.
Perhaps we need to push for no dual role of board members cannot hold executive role to prevent such incident from happening again.
Btw, i not side on Eddie nor claim 2Ng guilty of the complaint against them. What i think they have done wrong is their overreaction against a standard procedure to investigate and verify the complaint against them.
This counter the target of shark right now. Good luck! When comes to trust, talk no more bout this kaunter. Mau cari makan, boleh la this kaunter. Cari sikit2 untung then chow la....
I was like...what ? The new bod from Gpkt and Caly? Oh my, isn't this 2 entity almost tenggelam ke? aiyoh, siapa punya decision ni....? Aiyoh, good luck and happy CNY2023!!!!
Gpacket i do agree la. but like caely is management issues, else thing not going that worst. Well, need monitor and see first and the share price technical unlike those gg counter, this one drop still back to support and going up.
It seems the two brothers is very suspicious ? I don’t know , just my thoughts. When leave that time, why took the belonging ? Hmm…that’s might be data or something.
Tu la, always keep on buying out other smaller company. These company makes money or not also no guarantee. Eg. paying a very premium price to company like rev harvst. Wantpeeeee, etc. R they money making now or now just shell onli? Why suddenly investor pull out? If. I. Invstr I also run immediately.
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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....
pang72
51,491 posts
Posted by pang72 > 2023-01-18 12:42 |
Post removed.Why?