APFT (5194) - APFT: messy announcements
On January 17, 2017 the company announced:
On February 16, 2017 the company amended the above announcement:
Two changes, but both puzzling:
- There was no "disposal of shares via open market" done on January 4th 2017 at a price of RM 0.40.
- It is not possible to announce on January 17th 2017 (the date of the original annnouncement) a disposal of shares in the open market to be done on February 6th 2017.
A second amendment was announced, but no changes in the above.
I guess we have to wait for a third amendment, will they get it right this time?
It all looks very amateuristic and reflects badly on the company.
Also, I like to reiterate a call to automate these kind of announcements.
APFT (5194) - APFT: messy announcements - Corporate Governance in Malaysia
http://cgmalaysia.blogspot.my/2017/02/apft-messy-announcements.html
