http://www.thestar.com.my/Business/...ev-Asia-selling-entire-27-stake-in-iCar-Asia/
As a shareholder it is not exactly comforting to see the founders and two current Directors selling out a major portion of their ownership. But what can you do?!!
I feel iCar is on the right path to a good future and I'm not planning to sell my shares, but still, I'm unhappy about it and will be watching this investment more cautiously going forward.