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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?
Kucingku company with a return on equity (ROE) of 16.2% indicates that this is a healthy ROE, the company is efficient in using its equity to generate earnings.
indicate not a goreng stock.
