Interesting stories, hope you can share more, especially on the deal between MBL and Symphony Life, and the Langkawi Open Road International Circuit project.
Whoever is this whistle blower, we need to protect him and we need more ppl like him. Where is the MSWG? If the auditor or independent director are so blinded, shouldn't MSWG step in now before it becomes too late like Serbk?
Mayb because palm oil price is so good, they made a super profit of $800M (nett). Then can pampered themselves abit and pat at their back and says good job.
But the last 1 check, last 4Q profit is RM 8.7M = Ferari. So they practically spent the whole year profit in xchange of 1 ferari. This one I have to say....WTF is wrg with your brain.
MBL's net profit for FY2021 was RM8.68mil. The chairman and CEO are using the net profit to buy a toy for themselves. This is ridiculous and unethical.
I thought that MBL is a low profile, humble and practical company. It is a small company in Bursa Malaysia. It turns out to be a unrealistic company that spends whole year net profit on a toy for CEO.
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Albukhary
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Posted by Albukhary > 2022-01-09 20:10 | Report Abuse
Interesting stories, hope you can share more, especially on the deal between MBL and Symphony Life, and the Langkawi Open Road International Circuit project.