ODDLY, it is Datasonic' innovative dealing making in a company appropriately named Innov8tif , that have got the wheels spinning in motion.
AS such being unable to equity account earnings of Innov8tif at group despite earnestly wishing to acquire 51 per cent stake for RM40 million , shouldn't be of concern to the hidden in plain sight, new force in Datasonic.
THE arrogance of the Innov8tif deal READ : lays in the believe that certain parties want us to believe that a company bleeding red ink all it's life, is so sought after, that atleast four public listed companies have bought and sold the company in a very short period of time
TWO days back I highlighted, that Datasonic is in for a shocker soon with regards to it's existing KDN sanctioned contracts.
FIRST blood came soon after, with Government Linked Corporations, washing their hands from Datasonic, the new leper in town READ : URUSHARTA JAMAAH SDN. BHD, which manages funds GLC starts off with million share dumping of Datasonic
THE fall out when it does come, will definitely mark the purchase of Innov8tif , as the back breaking beast, which broke the camels status cue.
AT the end of the day, Anwar Ibrahim, as Finance Minister is answerable, for even the questionable decisions not of his own doing or even to his liking.
THE soundbites coming out, seems to be in agreement, the definitely legal and and innovative deal making is in for a RUDE RESPONSE.
