During the AGM yesterday, 1 of the resolutions was rejected. As a result, the CEO cum MD was removed. The shareholders exercised their discretion to axe the unperformed key personnel (main reason should be : the company share price and sales dropped). The acting CEO was appointed today.
it’s the owner fault and not the ceo/md…last time they used to hold substantial share..unfortunately they accumulate via margin…when there is a margin call..the owner are not able to fulfill resulted to share price substantially dropped…that’s why until today share disposed by the stockbroker…
Stock at 0.06 is near multi years low. It has dropped from from 0.09 within 4 weeks and 0.57 within a year. Stock seems grossly oversold. Rebound is imminent.
Syarikat Widad Business Group Sdn Bhd (WBG) mahu kembangkan perniagaan mereka di Langkawi, projek tersebut dilancarkan di Kuala Lumpur oleh Perdana Menteri pada ketika itu. Tak kan kita tak boleh umum.
“Pelaburan swasta bergantung kepada keadaan pasaran. Apabila tangguh, tak kan kita salah?,” soalnya.
Menurutnya, pelaksanaan projek berkenaan mengambil masa untuk kelulusan kebenaran merancang (KM) kerana melibatkan keluasan besar.
It is now clear the 249,815,000 shares 3.1% traded off-market as posted by @duatlai 2 weeks ago...HRDF is the Seller. Achieved a Negative ROI of 90%. They have inducted themselves to the Hall of No Shame 2024/25...
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....
bfg9000
410 posts
Posted by bfg9000 > 1 month ago | Report Abuse
3.096 BILLION shares. Everyday dispose 3 million also will take 1000 trading days.