WiseGuy inside The Corporate Mafia : On This Day, April 15th 2019

AN old Bloomberg report from 2019, READ : not only certified the Malaysian stock as the worst performing bourse,but added a bit more venom to the bite by stating that the Malaysian market is boring.

FAST forward to October 17, 2014, where we had READ : CLSA's Anand Pathmakanthan stating Malaysia, stock prices unresponsive to shifts in earnings, “does not behave like a real market``

MALAYSIAKINI's TK Chua, slam dunked in a 2019 piece, READ :opined that only 20 per cent of companies listed on Bursa Malaysia are investment grade, and as for the rest a large chunk are CON JOBS.

IF indeed a big chunk of listed entities are con jobs, one wonders , how on earth did they pass through the entire listing process, of Bursa Malaysia and the Securities Commission, who supposedly have zero tolerance against corruption.

MAYBE  perhaps corruption is perhaps perception based. READ : Flashback to 2015, Wahid Omar says when the giving stops, the receiving will also stop.

HOW  nice just blame the giver, and no need to bother on how the taker, intimidates, threatens action, in the event there is no giving taking place.

WITH that brief overview of Wahid Omar's wisdom on the supposed fight against corruption, none of us  need to have even half of Albert Einstein's brain power to figure out why the SC and Bursa Malaysia collectively cannot tell us the following?

READ : 

1. Who pumped in more than RM50 million cash into Revenue Group for nothing?

2.Did Artroniq Bhd just lent out RM32 million to strangers from the RM36 million it raised for a venture which is now suspect of fraud?

3. Whoes daddy's money is Hong Seng Consolidated Giving out with ZERO collateral?