Slater Walkers raided Haw Par (Singapore Company) and gained a 51% control of the company in 1971 followed by 5 years of high profile corporate manoeuvre involving assets stripping and acquisition. Coincide with the 1972-73 bull run, its share price reached a height of Malayan dollars 15.60. The share price dropped below its par value after the arrest and put to jail some of the top guns in the Slater Walkers Group and also coincide with 1974-75 market collapse. Where is our Slater Walkers for Insas?
Thong graduated from the London School of Economics, UK and began his career in the financial services industry in 1979. From 1982 to 1988, he worked for Standard Chartered Merchant Bank Asia Limited in Singapore where he became Director of the Corporate Finance Division.
Thong has a terrible track record fact.... insas losing money except selling key asset. subsidiaries all cash negative and going bust. in relation to insas tell me other than being lucky with inari which he is also killing value wise what has he done. london school of econica dn working for stand chartered 40 years ago is not very noteworthy. Insas share price below IPO price 2 decades ago...
Insas 99 cents going down to 75... insas warrants 18 cents going down to 10... the whole market thinks thong is not good. insas nbv over rm3 ! that tells you enough. over rm1 billion in cash but now thinks thong will ever do the right thing and give back to shareholders....
smart but senget vs wise with integrity . see a person face can tell abit of one’s character. Choose wisely , it’s your hard earned money . cheat you first time shame on him , cheat you second time shame on you . there are many good companies run by good heart leaders 🙏🙏🙏
@sslee i stand corrected one subsidary m&a not going bust. But now how much does insas own of m&a ? How come in transaction the reverse takeover company owned by friend of thong and his shareholders all get good payout. Insas shareholders only got diluted ! True ?
Insas listed associate companies Inari, Hohup and DFX. Hohup in financial difficulty.
Omesti is held as fanancial assets at fair value (marked to market value every quarter)
To even ask So you agree all the others are cash negative including jnsas ?
You must be the one the the many people in a galaxy far, far away.
Posted by TheContrarian > Sep 10, 2024 12:16 PM | Report Abuse Thong is so smart that over the years he screwed so many people even people in a galaxy far, far away.
Omesti ? Hohup ? Microlink ? Divfex ? Fashion n Beverage company ( not listed ) , and Duramitt ( a glove company, thru associate company Divfex ( from 19% to 25% to current ard 34 % ) invested RM 40 Million in Duramitt ( 50.1 % ) on November 2020 .. New Glove factory is Operational on June 2021 .. How much is the Losses Until Today ??? Even no corporate structure that use to plan corporate taxes …shl stripping u slowly n softly…
Jaks ALP is not so smart, over the years he only screwed KYY and many ikan billis unlike Thong is so smart that over the years he screwed so many people even people in a galaxy far, far away.
Hoho no worries Jaks CEO had well planned steering company successfully diversified into Power industry.. included solar RE , even Mr. Uncle so interested want to take over in 2017/18 with 30 % shares .
Ya lo why still got so many investors invested in PP .. oredi bottom at RM 0.12 .
See Hexza , Hextar n Binacom why PP no investors are interested…
Each to there own but your statement actually says why thong is terrible … insas has no need fornthat cash! Yet thong refuses to return it to the shareholders who own it. The market knows this which is why insas share price so bad. Inari rm 2 billion, a chip maker who does not know what to do with rm2 billion is embarrassing…
Hoho no worries, Inari invested RM 300 million partnerships in China on 2022.
MNC investors planned set up manufacturing facilities in India , Vietnam, Indonesia etc , but No more in China .
No worries, Inari is cash rich , sap sap water le .
Inari Amertron Bhd is forming a joint venture (JV) with China Fortune-Tech Capital Co Ltd (CFTC) to carry out outsourced semiconductor assembly and test (OSAT) services in China.
This is on top of replacement cycles approaching, which is especially significant as the shipment of the US-branded smartphone has been consolidating over the past eight quarters and a rebound is foreseen in 2024.
Remember 1. there will be no take-over by anyone, no MGO, nor privatization 2. there will be no increase in dividend, will stay 2.5 sen per year or lower 3. hohup goin bankrupt 4. omesti goin bankrupt 5. ametron hanging on the brink 6. china yiwu hanging on the tree 7. inari so-so 8. M&A so-so 9. world economy in cover-up recession
One word - BOH CHOW CCCCCCCCC AAAAAAAAAAAAAAA !!! 💩💩💩
Microlink now 17 cents.. from over 90 to this. It is game over … value plummeting. Anyone give them cash say goodbye . Like hohup, omesti etc all going bust.
What could be the possible reason Insas-WC is trading at huge volume in comparison to Insas and at increased premium? Is Ah Thong collecting the warrants since he has insufficient warrants to take his shareholding over 50%?
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Income
10,868 posts
Posted by Income > 6 days ago | Report Abuse
U don't know Sslee = very handsome.
FYI, Sslee is 70% resemble Chow yuan Fatt