Short position - CN Asia's ventures, new direction, golden hoose

IT is no secret that the bulk of profit made by the Employees Provident Fund (EPF) is a result of its investment abroad. It was a decision every member of the provident fund will be thankful for as the investments overseas have delivered handsomely to the returns the fund has made.

CN Asia’s ventures

TRYING to follow the ventures of CN Asia Corp Bhd is no easy feat. From blockchain to digital banking and from green energy to the metaverse.

It does seem that CN Asia does not lack ambition. The problem though seems to be execution. It remains a loss-making company that isn’t even able to churn out any cash flows from current operations.