The Board of Directors(“Board”) of Minda Global wishes to announce that Asiamet (M) Sdn Bhd (“Asiamet”), a wholly-owned subsidiary of Asiamet Education Group Sdn. Bhd., which in turn is a wholly- owned subsidiary of the Company has on 27 August 2020 entered into a Memorandum of Understanding (“MOU”) with Beijing Silkroad Edu Institute of Science and Technology, (“BSEIST”).
The owner may be is good educationist but he is definitely a lousy businessman. Education is supposed to be a lucrative business, Dr.Palan has the capability to set up the business but does not has the ability to make it profitable, by right, if it is manage well , the business should be a business that can help contribute in building up the national interest as well as taking care of company share holder interest.
The only way out is selling the major stakes of the business to international conglomerate who are savvy in education business plan and strategy, while Dr.Palan would just need to focus on what he in good at that is the day to day educational business stuff.
Looking at the QR result trend, If the situation persist , she might get delisted sometime soon ....... 11/07/2020 12:08 PM **************************************************************************************************************************** I am just re-posting my post in early July. I am glad that the top management is taking a very positive move. Base on Aug 27th '20 announcement, it appears to me that the top management is taking a very positive move. The partnership with Creator was once failed, I hope, as a great scholar , Dr. Palan can actually lower down his ego, sincerely work with the Chinese to make this MOU into reality for the sake of the benefit of the vast minority shareholders and also to uplift Malaysia international images in standard of " education ".
fly ?? ya lor, share consolidation 10:1 , so if current price is 5 sen , the after consolidation fly to 50 sen lor ( you have 1K share , then become 100 shares for ) . After that slowly drop to 5 sen again lor
The other counter, SMRT , abang-adik counter, is conducting share private placement, then once reach certain size , can propose share consolidation ...... A genius way of making profit......
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lextcs
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Posted by lextcs > 2020-08-28 15:32 | Report Abuse
still have enuf time to accumulate....anytime better than calvin's netx