clearly majority shareholders / owner is abusing their position....

clearly majority shareholders / owner is abusing their position. Must be because they now no longer hold majority of shares.

Recent results indicate, they can only muster 150 mil out of a possible 433 mil shares. That is only 35% of total shares.

There’s currently $50 mil in the bank, confirm by the auditor just a few months ago. So either the majority owner is deliberately stalling for time, to give themselves enough time to syphon the money. Or they are afraid, they’ll be vote out... or both.

whatever it is they’re trying to do. They are pissing of a lot of shareholders.

i think the next step would be to call an EGM, and request for the company to pay a special 5 cents distribution.. no shareholders would vote no to that, except for the majority owner and his allied.