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The dividend reinvestment plan is not in shareholders' favor as the market price dropped because of this which made shareholders worse off. Management please take note.
pls read the annual report. The quarterly report then you only need to read the 'gross profit', other numbers like pat is distorted by listing expense and delayed income tax payment.
It's quite alarming for the impairment of RM13.5mil in this quarter, as the GDB directors were of the opinion that the remaining 'trade receivables' is recoverable and no further impairment is required at the first quarter 2025. The receivable currently is RM138mil, how much further impairments needed is a serious question.
