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many interested parties to feed. just like MAS last time. Gov would cont to bail out until the hole too big and deep. next they would delist it and privatize and wipe off all debts to those sme suppliers and banks
if they have not squandered off this 1.4 bil for share buy back in 2020 and 2021, they would have the cash to give some dividends and do some share buy back for the past 2.5 years of below rm1.
management and bod spent its 1.4 billion fortune for share buyback at RM6++. now no extra cash for share buyback at 0.7. that s the problem with the management, thinking COVID would be forever and china manufacturers won't catch up. now the treasury shares are 90% burnt and waiting to be realized one fine day. they still try not to recognize these losses in their account
