Tuesday, 31 May 2016

Mexter: new major shareholder

Interesting development in Mexter Technology, where Lim Yin Chow announced his substantial shareholding of 28%. The share shot up and the company received subsequently an "UMA" (Unusual Market Activity) query.

Lim featured before in this blog in a rather bad way, he was fined and reprimanded by Bursa because he "submitted false qualification as a  degree holder of Bachelor of Medicine and Bachelor of Surgery (MBBS degree) at the University of Hong Kong in 1992 in various announcements and annual reports of companies.".


  1. Sorry Mr Wind. I don't understand.

    Surely Bursa/listed companies (where he was director) must have confirmed with University of Hong Kong his credentials.

  2. Apparently not. The reason why it was found is, I think, because of a whistle blower who complained to Bursa: