Our website is made possible by displaying non-intrusive online advertisements to our visitors.
Please consider supporting us by disabling or pausing your ad blocker.
I invest in Aizo (formerly Minetech) because I trust Abang Izarin’s leadership. The recent name change signals his long-term commitment to the company, which reassures me of its future direction. I believe the people of Sarawak have a bright future, and I see great potential for Aizo. Although the current business doesn’t offer significant ROI, I am confident that if Aizo secures projects in the solar energy and telecommunications sectors, it will lead to a positive ROI and substantial growth.
The renewable energy sector, especially solar, is gaining momentum globally, and regions like Sarawak, with their abundant natural resources, are well-positioned to benefit from this shift. Additionally, the telecommunications sector is crucial for infrastructure development and digital transformation in emerging markets. These projects could place Aizo at the forefront of growth in these high-potential industries, aligning with my investment strategy.
Given our unique position, we are confident that we will play a role in delivering of projects of national importance such as LSS5, Penang LRT, MRT3, and water treatment plan project projects.
OK let me try to explain. Close period means a period whereby the directors or principal officers of the company are not allowed to deal in the company shares because they have obtain price-sensitive information regarding the shares of the company. Example, they know the company is going to take over some companies or being taken over, etc. Heck, even the period before a board meeting is also a close period. The period is 1 month before and after.
Of course, Bursa still allows the directors or principal officers of the company to buy or sell their shares provided they make the necessary announcements to Bursa. So if you see a company where the a lot of the Directors or principal officers are selling or buying shares during close period, you should do the same as well.
Do not confuse close period with off market transactions. Off market transactions is like what was described in the earlier threads
