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it is not the racial company issue, it is about the mindset of business management, how they have the vision and understanding of the market. Nowaday, management team are higher educated person, but not business mindset. eventhough 97 listed company were non malay, but if the only 1 malays company that achieved worth market value in milion and bilion compare the 96 list company, investor are very happy of that. remember, other non malays listed company not doing good as well, hahaha
They had change the top management in 2021 putting anuar taib in and shahril out. This huge company need a lot of time to repair. The last day of restructuring is on this May
A lot of stories pending. 1. The sell on 50% stakes in sapura omv by sapura(omv stakes already on goin to totalenergy at $903m) 2. Merge with MHB 3. Majority MCF creditors (75% financiers) give nod to the restructure. 4. White knight capital injection RM1.8B agreement to MCF with conso 20:1.
