thewisetrader

thewisetrader | Joined since 2020-09-01

Investing Experience Advanced
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The most valuable commodity I know of is information

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2023-01-02 22:41 | Report Abuse

substantial shareholder Dato Abdul Haq is no longer in the company. Most of his shares were forced sell by the banks. Heard that his stakes are almost 0 to date. Thats why we shall wait for the new whiteknight that soon will emerged as a new substantial shareholder.

Besides, looking at the recently appointed management team, especially the CEO , Nasrul Asmi , he had extensive background in marine & shipping industry since he was a VP in marine & shipping specialist, RHB bank prior to join Eatech. On a side note, Nasrul was appointed by Jcorp as head honcho to spearhead Eatech's restructuring its business and financial performance.

Despite the selling by Dato haq, no 1 substantial shareholder which is sindorra (subsidirary of jcorp) did not dispose a single unit. So no issue on that.