Hope next is not EGO event,

EGO enough to ignore shareholders
EGO enough to deteriorate financial performance
EGO enough to ignore their incompetencies
EGO enough to not recognise that they are not the best people to lead the company
EGO enough to issue shares to themselves despite destroying company’s financial performance

After all, EGO enough to think they are the best people (whole Malaysia know they screwed up but themselves)

They organized a DARE event,

DARE to screw up share price
DARE to screw up shareholders
DARE to screw up key business partner CGP
DARE to change financial year end for nonsensical reason
DARE to be not 100% focus and post Middle East war stories on Instagram during work hours
DARE to smile and wave and do nothing at AGM
DARE to act serious kononnye at AGM
DARE to create lousy app that nobody downloads


After all, DARE to extract salary after screwing up

Syed Zainal doesn’t feel shameful at his own self looking at the share price?

Also no guilt continue to extract salary?


What’s up with this kind of ego and menindas shareholders?

Pity Dnex employees being at a place of no growth and sit until buntut become heavier each and every day

This trash management led by Syed Zainal and Azhar Othman needs to be fired immediately. These Proton jokers always talk talk talk but cannot execute any business.

They think business is all about talk and have no ability on execution. If these trash has any dignity, they should at least refund the salary they extract from the company.

Shareholders telah ditindas oleh useless management yang angkat gaji tanpa kerja kuat

shareholders should write to CGP to buy Dnex shares, so CGP can takeover Dnex and fire all the incompetent management and BOD that prioritises holiday and makanan sedap over working hard

How can share price improve when the world is moving forward and improving everyday like Nvidia, but director of this company Tun Noor Tun Razak holiday and makan everyday moving backwards?

This is the problem with the management. Small contract but want shout about it. By right small contracts that is not material no need to announce.


This small wins result in small minded mentality and result in inability to win big contracts and deals

If got director macam Tun Noor Tun Razak, dnex can forever stay at low price.


Where got listed company director makan and holiday everyday and still get money from dnex while all investors in dnex suffer severe losses.

The bigger devil is the chairman. Cakap banyak as if he is great but can’t even manage, better get lost lah

Executive chairman posting Israel Palestine Instagram stories every minute on his Instagram profile.


At the same time, Dnex profit plunged 68% compared to similar quarter prior year

As an executive chairman and ex CEO of Dnex, he is entrusted with responsibility to deliver value to shareholders and improve performance.

Instead, multiple Instagram stories on Israel Palestine conflict is posted by him every minute during working hours.

He clearly prioritises Palestine issue over Dnex shareholders.

He must remember Foxconn bought dnex at 0.90 and was diluted multiple times.

He needs to clarify if his primary responsibility is to dnex stakeholders or he should immediately resign

Just download Instagram and see his profile, every single minute he is posting Israel Palestine stories on his Instagram. It is so obvious his focus is on livelihood of Palestine and not livelihood of Dnex stakeholders

If executive chairman is not interested in dnex, and more interested in posting Instagram stories every minute, he should resign and sell off to Foxconn

Management is also selfish as they forgot that their valuable partner Foxconn bought dnex at 0.90 and was diluted multiple rounds still haven’t finalise EV plant.

Despite high quality assets and highly intelligent employees at silterra, their potential are not fully maximised to due incompetent board of directors that end up infighting with valuable Chinese partner

As proven by dnex’s horrendous results, management lacks drive and focus to improve results.

Executive chairman post multiple Israel Palestine conflict story on his Instagram every hour, including working hours where he should be responsibly spending time to improve dnex performance

Hard work is not a requirement, ability to Santai and jamuan is most important, as proven by their extremely poor share price and financial performance

Silterra issue with CGP taking 1million years to resolve. Due to dumb management with no self respect for own performance and prioritise santai

Dnex failure is due to incompetent management and useless chairman that focus more on sharing Instagram stories on Israel Palestine conflict than improving dnex.

Dnex is self destructing due to incompetent management and clueless employees that lost direction due to brainless management

Shareholders lose millions in salary paid to management, could have earned more profit by cutting useless headcount that contribute to nothing

Able to tell from Syed Zainal Tahir Instagram stories that his is more focused on sharing stories on Israel Palestine conflict than improving dnex results

Weak management team run by incompetent individuals that destroyed the livelihood of shareholders but paid a handsome salary.

Should cut their salaries to zero for their santai behavior

After these actions, outcome is:

Share price fall even lower

Management’s actions since share price collapse:
1. Zainal Abidin Jalil resigns few days after The Edge publication that he may launch management takeover of Ping at RM1bil.
2. Announce update on MOU with Foxconn that states that there is no update
3. Hire deputy chairman
4. Private placement at 10% discount to fund oil and gas venture
5. Hire 33 year old executive director

The Crushing of Dnex shareholders:

Dnex shareholders had suffer losses from -10% to -70% due to share price collapse.

While share price was collapsing, all shareholders livelihood suffered and most declared bankruptcy and had to live in poverty, such as BobAxelRod


All these while some parties continue to enjoy high salary and treat themselves to endless eating sessions that gain more weight than share price

The audit committee chairman busy travelling and enjoying retirement life while not getting updated on latest developments around the world

Management needs to reevaluate their own salary and cut their salary for poor performance

Unfortunately a dog barking here is going to be barking non stop as his money is getting burned again

Management lacks required skill sets to be relevant.

They are hopeless

Management has serious incompetency issues and need to sack themselves from the company

Hi Felix,

No need to argue with DogAxelRod. He is a discharged bankrupt and spends everyday on i3 forum attacking people.

Problem is management is hyper incompetent.

They should sell off Ping and use proceeds to reinvest in semiconductor design to complement their foundry.

Unfortunately there are too many non effective and non revenue generating employees at top level that does nothing impactful

The best way to ensure share price improves is to remove the hyper incompetent management.

One advise to the management :

If you are incompetent yourself and depend on experts, make sure your experts are real experts in the field, not hire half baked experts that think or copy others

Even the Private placement document has many question marks:

1. Does “Expansion of Group’s Energy segment” includes payment of salaries or bonuses to existing directors? - Not clarified
2. Part 3 (point 2) on Rationale and Justification of Propose Private placement, provides company with expeditious funding - Why need to expeditiously raise funding now if duration of funding is over 24 months?
3. Point 4.2 on Semiconductor outlook - Why is Deloitte 2023 outlook used? The outlook should be a 2024 outlook and Deloitte is not an expert in semiconductor, what would Deloitte know more than the real semiconductor experts?

This has turn into junk standard stock.

99% of the reason for this is because of management’s hyper incompetency.

Existing management has priorities all wrong and headless (no CEO)

Dear all retail shareholders,
- A C0CK is someone that falls into traps. The C0CK’s statement means that the C0CK doubts the publicly disclosed financials, and implies it is wrong (based on his ego judgment).
- Usually this type of C0CK will use his ego to talk and eventually ruin his life

Dear all retail shareholders,

- Note that a C0CK is one that is unable to identify whether the company is in net cash or net debt.

Most of the time, the C0CK will respond to his ego (that caused him his career and life savings) by stating “are you sure net cash?”

This is because the C0CK failed simple mathematics.

Hi C0CKAXELROD,

- Do you have evidence that you asked all retail shareholders to sell when Dnex price was 1.30 in 2022? No, you don’t have, you only bark like a bob after the price crash
- Based on channel checks, you are severely burned in dnex, saprg and knm. That is why you are releasing all your anger on the same 3 forums by attacking other members.
- since you are a C0CK, you decided to attack other retail shareholders instead, this prove you are low class trash
- since you are low class trash, I shall stop responding to you because you have no facts in your statements, only have low class trash statements

Dear all retail shareholders,

The incompetent current management team has to be removed for multiple failures at the expense of you all, while they continue to earn an undeserved high salary.

Despite all of the above, some Non Executive Director can smile and wave and do nothing but act serious at AGM2022 as posted by her on Facebook

Rezeki all retail shareholders and Foxconn that bought at RM0.90 and EPF dalam investment in Dnex telah dimusnahkan dan byk dah muflis sebab these dnex directors choose to fight and arbitration with quality Chinese partner CGP.

The one that suffers due to action of directors is shareholders.

Natsuko, Directors of Dnex cannot even resolve issue with CGP even after one year. Issue now is not even less cutting edge chips or not. Investors are scared if dnex loses the arbitration, they lose silterra.

Ask Tun Noor Tun Razak to go and help out since she is paid director fees and esos

Change in financial year end - for some lame reason. The finance team working there for so many years cannot cope with year end audit?

Results:
- Share price collapse
- Shareholders being sidelined after NED was awarded 1.5mil ESOS at low exercise price
- Shareholders kept in the dark on many key matters. Only given update on high level matters that doesn’t need to be repeated 100x
- Shareholders don’t need repeated update on what silterra, ping and IT does, we already know. Shareholders need real detailed updates that matters. If no updates, directors should factually state so

Statement of facts:
- Tan Sri Syed holds more FSBM shares than Dnex shares. Based on latest dnex report and bursa announcement, he owns little to zero dnex shares
- Company currently has no CEO
- NED Tun Noor Tun Razak post on Facebook that she does nothing but smile and wave during 2022 AGM. The AGM was attended by many unhappy shareholders that lost their wealth after investing at RM1
- Initially signed agreement with CGP that open gateway for them to own 60% of silterra but end up UTurn and keeping original copy and now in dispute with CGP because realise this share arrangement may result in losing control of silterra [in short: blunder]
- No updates on 12 inch fab with Foxconn, despite more than 1 year MOU.
- No updates on how MOU and collaboration agreement with Ajlan Bros and Tuyar semiconductor will bring in any revenue at all

rainman777, if true what u said the directors tengok kita ketawa shj and tiap bulan mereka ambil gaji besar, then all loyal retail shareholders are doomed to death.

Does this means the governance of this co is so terrible?

People that suffer are retail shareholders that are loyal to the company, most are being stuck at RM0.9 - RM1.2

Hope some of the retail shareholders can find peace via prayers and mental health classes after being treated like a piece of dump after share price collapse

100% of Dnex retail shareholders life are crushed and destroyed after share price fell from RM1.2 to RM0.47.

Price fell mainly due to arbitration with cgp. Question that directors must answer is why did they sign the agreement in the first place.

At the same time, one of the director tun Noor tun razak appears to be having a great time at AGM posting on Facebook that she does nothing but smile and wave. She is also given 1.5mil esos shares at low exercise price.

The main director of this company like to preach about good governance and integrity, but look in the mirror, how are all loyal retail shareholders treated?

Treated like a piece of trash.

While some trash are treated like gold.

Directors should reflect on themselves and take responsibility for poor share price performance by cutting their own salary and forfeiting all esos