Shareholders’ sentiments


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.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Investors take profit amid regional weakness
Malaysia's CPI rises 1.8% in March
DNB announces new board members comprising representatives from all five MNOs
Axiata, Sinar Mas move closer to US$3.5bil telco merger
Agricore gets Bursa nod to list on ACE Market
South Korea Q1 GDP growth smashes estimates, but outlook's uncertain
Ringgit soft as US$ remains elevated
Product innovation drives sales of local plastic packaging
Bursa's rally continues ahead of economic releases
Trading ideas: MyEG, Axis REIT, Mah Sing, Capital A, Hibiscus, Chin Hin, Carlsberg, I-Bhd

Others Also Read