People questioned why IOU went out and purchased the Malaysian Money Lending License saying why buy it when it wasn't needed. Now looks like a very smart move.
People question why IOU is using 80% of its capital to buy a stake in IDSB and seem to be punishing the stock for this. The same as the money lending licence - there are important reasons they deemed this the best strategy to move forward. It just needs some time to play out and I am sure people are going to look back and say it was another smart move by IOU.
$1 Club, page-26472
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