Anyone attended the AGM? Hope you can share any development . Many thanks .

Currently, Morgan Stanley is the biggest shareholder at 12.54% direct interest . Second largest is EPF at 11.99% . What does MS want to do or will do with this unprofessionally run company?

"RM28.00 million for a potential investment in an independent oil producer in Kaliningrad, Russia. " .... RUSSIA?? Really????? Of all places.... What are they smoking in the office? Although 28 million is not super big amount ,I'm sure it wont be enough for such high risk oil biz, I think they will take a lot of debt to structure such biz deal.
Anyway " the transaction requires shareholders’ approval pursuant to the Listing
Requirements, the Company will seek the necessary approval from the shareholders of MAAG at an EGM to be convened " .... PLEASE VOTE NO to this ridiculous high risk plan . These people are sick or high on something.... gambling company's money in such high risk investment.
Have they not learn from their previous mistakes (Yes, his other company Melewar lost big time in their Siam power generation biz).... or other people's mistake when venturing into O&G (example WTK Bhd blew a big hole and still losing in their O&G venture).
I think we collectively should think of a way to put more pressure to the board. Set up a facebook group or something to discuss

not true @nokenzo. You don't have to sell. Its only mandatory if he manage to get more than 90% . he only has abt 33%.

Affin Hwang analyst said SELL.... Price Target 0.71 (August report)
http://klse.i3investor.com/servlets/staticfile/312433.jsp

May I know where I can find the info on annual report stating the land bank they have in penang is near the 2nd bridge (Batu kawan) . Thanks