SMI Stock Forum

Recent actions by the Board of Directors of South Malaysia Industries Berhad (SMI, 4375) have raised serious concerns among investors and minority shareholders. At the 52nd Annual General Meeting (AGM), several key resolutions, including the re-election of a director and the approval of the director's remuneration package, were rejected by shareholders. However, the Board appeared to disregard these outcomes...

Today, it has come to my attention that there really are management and board members of a Public Listed Company that would disregard all honesty and free will of shareholders.
On a publication by Minority Shareholders Watch Group (MSWG) dated back to 17th May 2024, the ousted director Leow Thang Fong was reappointed by the company as a ridiculous key management role — Chief Executive Officer (CEO) despite 51.2% of the sharehold...

As retail investors, we find ourselves in a state of confusion regarding the ongoing Mandatory General Offer (MGO) of South Malaysia Industries Berhad (SMI). The recent flurry of announcements and legal disputes surrounding the MGO has left us questioning whether this offer is still proceeding and why the communication from SMI’s management and Board of Directors appears to be unclear and contradictor...

As retail investors and shareholders of South Malaysia Industries Berhad (SMI), we feel compelled to voice our growing concerns and frustrations regarding the Mandatory General Offer (MGO) that has been fraught with uncertainty and confusion. We seek clarity and justice considering recent developments that have left us, as minority shareholders, in the dark and at the mercy of conflicti...

As an investor in South Malaysia Industries Berhad (SMI), I've watched closely and, frankly, with a growing sense of frustration. Today, I feel compelled to share my perspective, especially in light of recent developments that have only deepened my concerns.
It was just last Thursday, March 15th, 2024, when Honsin Apparel Sdn Bhd, under the Techbase Industries Berhad umbrella, voiced out what many of us have been silently pondering. The man...

Quick question, how many of you are currently interested in the rights issue of Techbase Industries?
If you are NOT INTERESTED at the moment, then perhaps, this article might save you thousands of Ringgits in your investment journey.
Figure 1: Screenshot of Abridged Prospectus of Techbase Industries.
Fresh today, Techbase Industries had published their Abridged Prospectus for the rights issue of 5 ICULS for every 1 existing Techbase’s sha...