Monday, August 14, 2006

ecm-libra

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Khairy sold all his shares in ECM-Libra after much controversy on his financing. He reportedly said he lost $200,000/- on disposing his shares though he said he could make some money but he decided to make a loss. Has he made another issue on disposing his shares? David Chua one of the founders of the company cashed out his shares too. The chairman of the company too scaled down his shares holding of the company by loading off his shares in the market which was bought by a sub-company of Amcorp Bhd. In the beginning there was the believe of making money through merger with a GLC company to become one of the big investment banks. Could AAB direct the selling of shares to avoid further issue on the company?


Malaysia....the citizens just follow orders

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