Posted by Ding HL Allan > 2022-04-27 12:52 | Report Abuse

Public Listed Companies can easily get to regularise by selling their precious listing status to the one who wants to be listed. There are many such private entities wanting to be listed this way, but Amtek easily and promptly choose to delist without even offering themself to any takers in the market. They know by choosing to delist, they killed two birds with one stone. 1. The Minorities die a natural death and need no compensation to pay. 2. Amtek cannot open up its Accounting books for outsiders like potential buyers or public to see as they have done some land deals in the past transacted privately in total secrets themselves. Why SC never check on them after they delist? Because once delisted, SC and Bursa KLSE do not bother them.

Posted by Ding HL Allan > 2022-04-27 12:55 | Report Abuse

How cruel they treated their own minority shareholders.