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Let’s say you and your sister got two papas ....Rich Papa and Poor Papa.
Both strike lottery.
Rich Papa give all to your sister.
Poor Papa say, “I save for your future.”
One day both kena accident, need money.
Poor Papa check-in General Hospital.
But Rich Papa check-in IJN ...maybe better treatment somemore by your sister.
Moral of the story?
If your company during good time got make investors rich, market sure give face during bad time.
But if during good time never give money, bad time also no one care.
Heard before? “Top Glove Millionaire” ....that’s why harta drop so much compared to other glove?
ESG compliance also can be applied by their competitor in China, no? remember the automotive segment a few years back their safety like can't even meet saga standards, look now. Setakat ESG compliance, kilang di Malaysia pun boleh apply. HARTA management cannot sleep now or be forced to sleep by some Chinese glove makers.