Quick Take Big Tech’s 2026 capital spending plans have blown past expectations , sparking a sharp market reaction. Investors still believe in AI — but they now want clear proof of returns , not just long-term promises. The CapEx Shock Across recent earnings, mega-cap tech companies pushed 2026 CapEx from “already massive” to “historically extreme” : Meta Platforms : US$115–135B vs US$110B consensus Stock jumped ~10% initially, but gains faded → investors want evidence, not AI rhetoric Microsoft : US$140–150B vs US$109B consensus Stock fell ~10% → ROI timing now under scrutiny Alphabet : US$175–185B vs US$115B consensus Shares slipped as markets adjusted to a more capital-intensive Google Amazon : ~US$200B vs US$146B consensus Stock dropped ~11% after-hours on cash flow concerns What Investors Are Really Worried About This is no longer about believing in AI — it’s about financial optics and timing . Key Market Fears CapEx is rising fa...
Quick Summary
Greentronics’ share price collapsed, wiping out up to 79% of its market value
Bursa Malaysia issued an Unusual Market Activity (UMA) query
Company must confirm if any undisclosed developments caused the plunge
Shares rebounded partially, but volatility remains extremely high
What Happened
Greentronics Technology Bhd was ordered by Bursa Malaysia to explain an extraordinary sell-off that saw its shares crash as low as 5 sen, from 19 sen, erasing 79% of its market capitalisation at the intraday low.
The exchange has asked Greentronics to:
Confirm whether there were any unannounced corporate developments
Clarify the existence of ongoing negotiations, rumours or reports
Reaffirm compliance with disclosure and listing requirements
Market Impact
Intraday low: 5 sen
Noon close: 18.5 sen
Shares traded: 8.87 million
Market cap:
~RM45 million at the low
RM166.2 million at 18.5 sen
Key point: Even after the rebound, the stock remains deeply volatile.
Company Background
Formerly known as Mpire Global Bhd and Sand Nisko Capital Bhd
31% owned by Globetronics Technology Bhd
Business segments include:
Construction and property development
Fleet management solutions
Financing services
Recent Corporate News
Just one week earlier, Greentronics announced a partnership with Thai Paiboon Insurance Public Company Ltd to offer digital insurance services for Malaysian motorists travelling into Thailand.
No negative announcements were disclosed prior to the sudden price collapse.
Why This Matters
A UMA query does not imply wrongdoing, but signals investor protection concerns
The scale and speed of the sell-off raise questions over liquidity, speculation, or undisclosed risks
Bursa’s response highlights the importance of timely and transparent disclosures, especially for thinly traded stocks
Bottom Line
A near-total market value wipeout in a single session is a major red flag.
Until Greentronics responds to Bursa’s query, uncertainty will dominate trading, and investors should brace for continued sharp swings.
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