comfort still have 2 piece of empty land in taiping with 4 acres each piece. They can build 2 factory double former machine in which they can produce about total 7 billion pieces of nitrile gloves per year. This will nearly double their current production volume and you will expect the share price above 1.50 at least. This expansion is within 1 -2 years time.
How come this greedy company directors took away 3.4 million of company shares to their own account without any public announcement.According to Bursa listing regulation rules they should call up for EGM to get approval from minorities shareholders.This same as 'KLETTOCRACY" in Malaysia,steal money from somewhere else and put it into their own pocket Some one should complaint to Securities Commission request for investigation this greedy directors
The company said RM3.4 million share were awarded to staff and direstors as an aprreciation to their effort and hard work contributed to the group since the Company under PN17 status
Finally become penny stock due to its 3.4 million shares taken away from company directors.This is not a proper way to do such thing.They care for themselves rather than minorities shaholders
Watch out carefully next coming quarter report and beware this greedy directors may taken away more shares from company account to reward themselves for some other reason again
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ks5S
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Posted by ks5S > 2018-04-01 14:51 | Report Abuse
comfort still have 2 piece of empty land in taiping with 4 acres each piece.
They can build 2 factory double former machine in which they can produce about total 7 billion pieces of nitrile gloves per year. This will nearly double their current production volume and you will expect the share price above 1.50 at least. This expansion is within 1 -2 years time.