Many directors of public listed companies are cheating small investors of millions of ringgits every year.Thse company directors and CEOs drive big cars, get fat bonuses and salary. When the companies are doing well, they take all the profits and small investors get nothing. But when companies are not doing well, they would issue warrants to cheat more money from the poor investors.
One of these companies is Komark. I was a fool to buy this company`s shares and warrants. The warrants were delisted recently and I lost a lot of money.This company`s turnover is very high but no dividends given to investors for the past 10 years.I bought the shares at high price and now it worths little because no investors would like to invest in this type of dishonest company.
We are very disappointed that the security commission is not doing anything. This commission is so useless that most of the public listed companies are not transparent in their accounts and they keep on cheating investors.
As long as the culprits are not charged in courts, it is not worthwhile to invest in Malaysian market
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You are honest to admit that you are a FOOL...
You are not alone.. there are hundred Thousands of innocent M'sian investors lose their hard earned money and found that the Public Listed Company got delisted or disappear in Bursa..check it out. You should attend their AGM and confront their Directors & CEO for their failure and vote them out..
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