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The SC is a toothless watch dog. How is it that to date no investigation or action taken against these group of directors who manipulated and compromised the shares of this and several related companies and got away scot free... these people should be banned from holding offices in any PLC
Don't ever buy warrants per se. Buy the mother share cum warrant if you want. Never buy warrant alone. its just a con.. Historically how many warrants achieve a value higher than its conversion price. This is a big con as far as our KLSE is concern..
the management should apply to revise the conversion value seeing that the premium for conversion is more than double its mother share... all warrant holders will just get ?
