Three warnings in 30 days: The balance-sheet risk stewardship keeps missing

IN the span of 30 days, three warnings arrived in three different forms.

On June 19, a freak thunderstorm tore through Bercham in Ipoh ("Bercham freak storm causes over RM1.2mil in losses"). Initial reports said more than 200 homes were damaged across seven locations, with roofs ripped off, trees uprooted, and electricity poles toppled. Tenaga Nasional Berhad temporarily cut power. Later reports put affected homes at about 460 and estimated residents' losses above RM1.2mil.