ATC 0.00% 4.6¢ altech batteries ltd

Ann: ALTECH - HPA PLANT SITE LAYOUT AND BUILDING DESIGN FINALISED, page-11

  1. 588 Posts.
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    Jeez - looks like our new German poster friends either get cold feet (inexperienced investors?) or they have their own agenda which might not be aligned with the interests of retail investors in ACT.


    Corruption: Sure - Malaysia is not as "clean" as New Zealand, Australia, Germany or the US - but it is neither one of the rotten countries at the end of the corruption scale.


    If you look into the international corruption index - Malaysia is number 62 of 180 - with 1 being the least corrupt country in the world (New Zealand) and 180 the most corrupt country in the world (Somalia, closely followed by South Sudan).


    With other words - Malysia belongs to the 35% of least corrupt countries in the world. Sure - could be better (and I think the current democraticly elected government moves into the right direction), but it is well possible to do business in this country. 

 
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