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Kucingko currently has an unbilled order book of RM23.32 million for ongoing 2D animation projects, slated for completion between FY2024 and FY2025. The next quarter's results will be promising
Kucingko gave major shareholders both Mr. Ooi Kok Hong 2,500,000 shares for RM1 and Mr. See Chin Joo 2,500,000 shares for RM1 just one month after listing. It's under LTIP scheme and Mr. Ooi Kok Hong is the Chairman of the LTIP committee which was tasked to decide who get the LTIP shares and for not price. It shall give a lot of thought on this kind of practice. Is it a conflict of interest? acceptable corporate practice?
