Tuesday 24 September 2024

WHY is Bursa Malaysia silent on Globetronics?

UNTIL today, we have yet to see the letter from KPMG on the reason why, the audit firm has quit Globetronics Bhd?

WHY is Bursa Malaysia silent as a church mouse in not demanding that Globetronics Bhd release the resignation letter from KPMG.


IS it because the people behind what's happening in Globetronics are politically connected, especially in Sarawak? 

JUST  to remind retail players, that the last company, in which KPMG, had quit as auditor and was replaced by Messrs UHY as the company’s new auditor, the company ended up in the PN17 dumpster.  READ :Meet Ivory Properties Group Bhd.

BURSA Malaysia should stop protecting Globetronics share price by READ :by suspending shortselling on the counter each time the share price tanks, if the exchange doesn't have the decency to demand that Globetronics publicly disclose in full the letter from KPMG.