Penguin International

[xlandjy]

Yoyo ... thank you for your updates. Appreciated.

I left the agm with deep disappointment. To start with, I am rather disappointed with the approach of the Directors adopt in managing a listed company.

A listed company is also known as a public company... in other words, you are PUBLIC and should be known and recognise in PUBLIC. But, the Chairman and CEO repeated highlight their preference for being LOW KEY.... MORE ACTIONS, LESS WORDS ...

As I have mentioned in my earlier post, they should take the company PRIVATE instead of keeping it PUBLIC.

Being a public company, it is inherent upon the management to go for HIGH PROFILE. The more Penguin is known the better. Better in the sense more people including business people will know the company and bring about more business. It will also help to bring the share price to a level which is equal to its merits. Furthermore, it will facilitate the raising of funds easier and etc.

Very disappointed indeed.