IcePenguin's comment on SUPERMX. All Comments
IcePenguin
3 Like · Reply
Owners should privatise, NTA 1.3, profit 99
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2 months · translate ·
Daniel
Privatise @ 35 Sen :-| Just like GenM !
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IcePenguin
Although its loss making, but the factory in US can be sold for $300mil… plus the cash supermx has
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Eddy Khoo
owner bank accounts all frozen due to marital dispute. he is poorer than u now
2 Like · 2 months · translate
Daniel
So who will be the actual owner of Supermax based on 50:50 split eventually ? Husband or Wife (+Daughter) ?
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Eddy Khoo
all depends on how the court decides on the marital assets split. we never know. for now, I wonder what transpired during the AGM until such sell down. anyway am waiting for 0.29-0.3 to enter more
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Xiaomi Siau
must change CEO....
1 Like · 2 months · translate
Daniel
@ Eddy We need to see the full AGM minutes together with all the Q&A in Supermax Website. Was MSWG representatives present for the AGM ?
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cheng
who is the boss now?
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Kah Hoe
Go to Holland soon.....
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Eddy Khoo
if the ex wife wanna seize control of the company, she can start to acquire now at low price since the husband is dirt poor now with all his accounts and assets frozen.
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Eddy Khoo
next can kick out Stanley from the board and management.
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cheng
the wife is the boss :)
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Eddy Khoo
waiting for the wife to take action as she has been quiet so far. She has 17.1% while the husband has 23.2% if she starts to collect and pump up her holding to 30%, easily she would be able to kick out her husband. unless Stanley somehow managed to raise some funds and out buy each other. that probably would push back Supermax easily to RM1
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Kah Hoe
Then his ex wife accounts and assets not frozen?
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Eddy Khoo
no mentioned on the wife accounts frozen only the husband.
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cheng
wife is always the boss :)
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Daniel
As always :)
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Chen Fook Ming
supermax fall to this price...many kena force selling due to margin call
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Simon Loh
Daniel, how do u know the wife wanted to apply for liquidation?
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Simon Loh
该行(兴业研究)在第三季财报季后，上调速柏玛（SUPERMX,7106,主板医疗保健组）的投资评级，从“卖出”调升至“短线买进”，主要关键在于营运现金流。该公司现手握6亿9100万令吉净现金，相等于总市值的57%以上，加上估值处于低位，短期潜存上涨空间。
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Daniel
Simon, it was in the mainstream news previously.
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Daniel
The estranged wife of Supermax co-founder Stanley Thai, Tan Bee Geok, is seeking the liquidation/winding-up of Supermax Holdings Sdn Bhd as part of their contentious divorce proceedings. A High Court judge issued an order in May 2025 to stop Tan from pursuing the winding-up of the company until their divorce is fully resolved, stating that family courts do not typically have jurisdiction over winding-up matters, which fall under commercial or insolvency courts. Tan has since appealed this ruling.
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1 Like · 2 months · translate
Simon Loh
oh..winding up means need to monetise all assets. SPX with NTA 1.29 at least worth 1.20 per share.
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Simon Loh
But i see she wanted to wind up a sdn bhd only, not the public listed SPX corp
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Daniel
Of course, only at Sdn. Bhd. level that is holding the PLC shares only and not the PLCs.
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庸人
这家公司真的是一家垃圾公司
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Xiaomi Siau
是老板现在太垃圾了。。。。
1 Like · 2 months · translate
Chen Fook Ming
panic selling yesterday
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