Tuesday 5 March 2024

I said it, the actor confirmed it.

BACK in January 2023,  I had warned the stock market that the EV deals being officiated by Tengku Zafrul was dodgy as hell. READ : Tengku Zafrul Roll With it, baby.

I had specifically mentioned the Artroniq deal, as a dodgy deal, structured with no real corporate meat in it, with the sole intention of pushing up the stock price.

NEVERTHELESS, Tengku Zafrul was in VIEW : full swing promoting it, only to have egg on his face, READ : after an actor admitted that he was paid to act as a CEO of a company

IN view of what has taken place, it's best for Malaysia to review all the the generous EV breaks given in Budget 2024.