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2 big cash problem need to solve for now, dividend payout and sukuk cancellation and repayment (if TS Wong failed to acquire more share to become substantial shareholder). not sure if white knight will surface to save this company.
i also got 3100 shares. i submitted withdrawal on 15May25 after news for price lower from 1.29 to 1.10. i guess my withdrawal was failed as i got refund for the variance for initial IPO price of 1.29 against adjusted price of 1.08. now i can only wish its price will jump upwards on 24 jun based on the oversubscribed of 1.5 times. haha
disappointed with the Q result. will ask them in incoming AGM why tax effective rate high at 43.77% and why incurring so much tax non-deductible expenses.
