As an investor in South Malaysia Industries Berhad (SMI), I've watched closely and, frankly, with a growing sense of frustration. Today, I feel compelled to share my perspective, especially in light of recent developments that have only deepened my concerns.
It was just last Thursday, March 15th, 2024, when Honsin Apparel Sdn Bhd, under the Techbase Industries Berhad umbrella, voiced out what many of us have been silently pondering. The man...

Quick question, how many of you are currently interested in the rights issue of Techbase Industries?
If you are NOT INTERESTED at the moment, then perhaps, this article might save you thousands of Ringgits in your investment journey.
Figure 1: Screenshot of Abridged Prospectus of Techbase Industries.
Fresh today, Techbase Industries had published their Abridged Prospectus for the rights issue of 5 ICULS for every 1 existing Techbase’s sha...