Management buyout (MBO) is on the agenda now. The mgt is in need of strong financial funders BUT who would be prepared to fund this company of no future prospects?
Semi conductor biz has been screwed up and PING is in the limbo...
1. Company has no CEO. Only gave chairman, COO and CFO. 2. NED Tun Noor Tun Razak gets 1,500,000 shares option despite posting on Facebook that during the AGM she did nothing but smile, wave and act serious “kononnye”. 3. Launch sustainability theme with many photos posted on Facebook but not sure what kind of results it contributes
A good company executive must spend more time developing products and chips for the future, not santai and “relek je la” and shaking legs, overeating and posting nonsense on Facebook
Executives owe shareholders many question: 1. Why sign the SSA when it had a clause to allow China to control more than 55% of Silterra? No answer till today and also don’t bother to answer shareholders. Appears more concern about santai and relax like jamuan and useless sustainability theme than key issues. 2. What is the status of 12 inch fab with Foxconn? After one year discussion still no outcome? 3. What is the purpose of contractual agreement with Saudi? 4. Why give share options to executive that during AGM only smile and wave and act serious? What is their contribution? Don’t blame shareholders for asking valid questions, get your executive to work harder to improve share price
Facts: NED Tun Noor Tun Razak post on Facebook that she smile, wave, do nothing, act serious “kononnye” during AGM. This is during a time when all shareholders suffering because of bad decision by management in signing SSA that allows China to gain 55% control of silterra. Few months later, this NED is given 1,500,000 share options.
What a shame.
What contribution does this NED bring to Dnex? Do nothing but smile and wave?
i have seen it so long already.. dnex really has a problem securing the bumiputra fund. its either government let go of the term of bumiputra term since no bumiputra wants to buy. It's a dead cycle here.
no PNB EPF fund will come in because the government sold silterra. impossible government glc link will come and buy again. so, its practically impossible to grow dnex with bilis fund.
director naive.. i am not here to talk bad but this is the truth. dnex bought silterra for so long already. if bumiputra investors wanted to come in, they would already. now only loan sharks investors come in goreng goreng and have no commitment and no idea how to invest in silterra. no point.. other investors see your share price keep dropping like hell and you got bumiputra restriction also stay far far. truth hurts but needs to make a decision to get rid of the bumiputra restriction. it's a pointless restriction at this point. see proton growing stronger. Need to learn the way to swim amongst the big sharks and not small sharks who only bite and go.
@nicholas99 dnex's share price before silterra was ~0.2. If not due to latest issue, it will be around ~0.8 to 1. The revenue and profit also increased a lot.
Dutch to restrict semiconductor tech exports to China, joining U.S. effort
Her letter did not name China, a key Dutch trading partner, nor did it name ASML , Europe’s largest tech firm and a major supplier to semiconductor manufacturers, but both will be affected. It specified one technology that will be impacted is “DUV” lithography systems, the second-most advanced machines that ASML sells to computer chip manufacturers.
those directors never sit together in front of press conference.. always one side sit there to show. haha. what other directors from china and taiwan feel? :P
Told u...avoid all gov related comp...all crap...manipulate at its best...they just dont know how to work...the just earn the salary ...dont care about bussiness...not their comp...typical mentality...
Smile, wave, do nothing at AGM - gets 1.5mil share options (NED Tun Noor Tun Razak Shahya)
Shareholders suffering with losses due to mistake by Executives - gets ignored while asking relevant question and continue to suffer while HQ employees (incur cost only) hosting Sustanibility event that does not improve profit but incur more cost and in attendance include NED that smile, wave and do nothing
Due to poor governance, now even Vietnamese scammers polluting this forum. Due to incompetency and laziness of HQ cost that leech on profit making Centers like silterra that willing to overlook such a big issue of allowing 55% being controlled by China
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BobAxelrod33
2,261 posts
Posted by BobAxelrod33 > 2023-03-06 17:57 | Report Abuse
Bye bye Silterra......sayonara. jap whore would miss your terribly.
Bye bye PING??