In order to maximise the return for idle cash sitting in bank account, the management should use their expertise to find a viable investment option to generate more profit for the company instead of parking money with fund manager.
RM8 million parking with fund manager? ...If lucky, RM8 million make 10-20% return. IF NOT LUCKY..????
As a listing corporation, try to avoid any investment with uncertainty. The other option for using the cash is to pay out as dividend and make the shareholder happy.
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