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Basically GenT and GenM in this predicament because of very poor management . Especially LKT. Failed miserably but still holding to CEO post. One of the worst decision he made is to privatised GenM which cause GenT in very serious debt. Drag down GenM counter as well
Basically that '老千' con everyone. Pro privatisation or anti privatisation, all been conned. For now his motives is to collect cheap tickets and not privatised. Possibly he will look for next opportunity again in future to collect cheap ticket and privatised. Cannot be trusted anymore. What a way to ruin his family reputation.
I got 50000 units. Accumulated since covid. Average price RM2.17. Not selling as suspected the share price was manipulated so that they can acquire it very cheap. Seem like it was all along planned to con the loyal retail investors. I pity those invested at very high price.In actual fact GenM got very bright future.
