MBL - Mana Boleh Lari

MBL - Using Company Share Buyback Account to Prop Up MBL Shares Price

Publish date: Fri, 18 Feb 2022, 11:01 PM


A shareholder of MBL discovered that MBL big boss the MD used Share Buyback account to prop up or maintain MBL shares price all this while.

I hope Ms Tan Soo Mooi as the independent director and chairwoman of the Audit Committee will call up the MD/ management to immediately stop doing such blatant wrongful act,  or face shareholders revolt soon in the AGM.


Remember :

the mandate of the shareholders to you is not to goreng shares!!!






Be the first to like this. Showing 6 of 6 comments


SC & Bursa should zero in

2022-02-19 21:52


Cari mati

2022-02-19 22:17


since you are so confident and with valid evidence...please make police report... im sure you are 100% they have committed wrong doing...

2022-02-19 22:59


normally with proper share buy back.. share price sure drops... actually MBL done a good job to maintain price ( haha just kidding)....

2022-02-19 23:00


" just few second before 450pm" this is benefit of doubt...

2022-02-19 23:11


Give them one chance. If they do it again, I will not hesitate to release my findings to SC and Bursa

2022-02-20 21:08

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