StarBizWeek’s EUGENE MAHALINGAM spoke to a few Maika shareholders to gauge their sentiments then and now.
■ Lured by the potential of good returns, like thousands of others, retiree JESWANT KAUR, 64, took a loan to buy 5,000 shares in Maika. She was then assistant examiner at the Inland Revenue Board. Why has she held on to the shares for so long when many others have given up hoping and sold theirs? “I just kept the shares as I was quite confident something good will happen. After all, it’s the MIC’s investment arm and MIC is part of the Government. You can’t really lose much,” she says. On what are her thoughts on the latest offer on the table by Tan Sri G. Gnanalingam, she seems quite upbeat. “At least I get back my money. Some people may have lost their capital but I will get mine back. What’s the alternative? None. So I’m quite happy with the solution,” she says.