The issue of a company shareholder disposing their shares and the issue of a company buying back their shares.
Take a look at this two announcements.
Changes in Director's Interest (S135) - DATO DR HJ. MOHD ADAM BIN CHE HARUN
See the disposals made?
Now consider the issue of the company share buyback.
Notice of Shares Buy Back by a Company pursuant to Form 28A
Compare those dates.
How?
What's your view on this issue?
To handle the repayment of its RM385.45mil borrowings (incurred to fund the expansion of its production lines), Dr Adam said: “We are cash rich and should not have any problems.”
ReplyDeleteLOL!!
Perhaps, he's right! Just we've misunderstood the actual meaning of the word "We" .
ReplyDeleteIn fact, "We" in here is referring to those "directors" only... In thier view, they are really rich and should not have any problems... hahaha! :P
Anon,
ReplyDeleteHow's your feeling towards the strange close proximity between the company's shareback dates & the dates of disposal by the shareholder?
:P