i. About 66,400 shareholders were made debtors in a financial scandal by perpetrators who misled and duped the rural, estate folks and the urban lower middle class into investing in Maika Holdings shares which promised to increase the wealth of the Indian community.

ii. About 70% of them, were poor rural estate workers who pawned their jewelries, sold their cattle's, sold small rubber holdings and liquidated life savings and took loans from UAB Bank (current CIMB) to invest in the Maika Holdings share scheme which promised them many fold in returns.

iii. By the year 1984, RM 106 million cash was raised from the Indian community.

iv. The overwhelming response was due to the promise of returns of 10 times and more on their initial investment. This was the sweetener that attracted the uneducated lower urban middle class, the urban middle class, the poor rural and estate folks in their earnest interests to uplift their social-economic status.

v. It was a financial scandal plundered in epic proportions. In today's terms the investments would have been more than RM 1.5 billion.

vi. Maika Holdings had their company assets and shares in blue chips company as below:

- TV3, EON, UOA, MISC, Tumbuk Estate Land, UAB, MAS, OCA

vii. If the above companies' shares are still held in the hands of Maika Holdings it would have been worth more than RM 5 billion. This itself tantamount mishandling of companies RAV (Realised Asset Value)