1) How can the deal go through when the market is 60% below the purchase price ?
2) CIMB Investment Bank bought into GK Goh few years ago and used GK Goh to buy E&O shares
3) Clearly insider trading
2011-10-12 12:10
Another clear example that minority shareholders/retailers are not taken care! Malaysia boleh!!!
2011-10-12 14:49
The MD with 5% stake got re-elected but ECM with 6% stake couldn't get board representation. No element of parties acting in concert? Food for thoughts? Would appreciate someone out there providing some legal opinion.
2011-10-13 09:27
valueinvestor
Didn't they act together to reject ECM's request to appoint new directors? Will they also reject nominees from Sime in the future?
2011-10-11 21:31