XOX another scandal by SC?

Well, like it or not the IPO process is not simple and costly.
Also let me tell you its utter waste of resources to list a company like Mclean and XOX in particular. Despite Bursa claim to want to attract more foreign investors to Bursa, tightening of listing rules and regulations, etc... we have these 2 of late that are hypothetically a "good" for listing company but the development that surrounds them are highly questionable especially XOX whereby the company's timing in IPO, pricing, quarterly results, all were there to show Bursa does not have what it takes to prevent such companies from getting listed going forward unless, SC is willing to face the fact and revamp.
The ones losing out most are the retailers so unless we want to drive investors away from IPO, Bursa needs to change.