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Leadership must be accountable. When innovation becomes stagnation, and growth narratives turn into
prolonged underperformance, the call for a change of guard is not only justified-it's overdue.
Fresh leadership can bring renewed urgency, innovative business models, better market alignment, and
stronger governance. UCrest and Key ASIC need to be restructured, reenergized, and reimagined. The time
for legacy leadership has passed. It's time for the Board an
UCrest & Key ASIC: Leadership Commentary and Investor Analysis
Commentary: Time for Change-UCrest and Key ASIC Need New Leadership
Under the long tenure of Eg Kah Yee, both UCrest Berhad and Key ASIC Berhad have failed to deliver
consistent shareholder value despite promising narratives in healthcare and semiconductors-two of the most
dynamic sectors globally. While his vision and early groundwork deserve acknowledgment, markets demand
more than vision-they demand results.
Leadership must
The trajectory of RichTech Digital Berhad's stock performance has indeed raised eyebrows. After an extraordinary oversubscription rate of 245.42 times during its initial public offering (IPO) at RM0.25 per share, the stock debuted on February 17, 2025, opening at RM0.75—a 200% premium. It peaked intraday at RM0.765 before closing at RM0.32, up 28% from the IPO price. However, the subsequent decline to RM0.19 within two months is concerning.
for a stock that was over- subscribed 245 times during it's IPO and for it to fall below it's IPO price of 0.25 by 20% smells fishy and warrants an investigation into it's pre- listing informations.
