in rule of k/, my friend = me myself.

Listed company can also be in PN17 status.......or under receivership.....
I won't base "will i get back my money if that company disapear" based on since it is a listed company status

just like my dead grandma used to be worried about when getting out of the house or in the house....
worried like....
will our house being burgled when we are not in,
will she be knocked down by a car while crossing the road,
will she choke eating tang yuan
will she have allergies eating this or that,
will bank cheats on her savings,
will she....etc, etc
all I think are valid concerns.......so are what 'IF" suddenly banks, EPF or National registration suddenly losses "MY" data ....I maybe left with not such person. 

everything we do or no do have risks.....just that the impact, probability of it happening and the opportunity cost maybe not the same to others.....
if they want it...they will gives reasons for wanting it,....if they don't want it...they will gives a lot of excuses.......both are legitimate responses.

looks like this recent parting shot of about the same concern is relevant......after all it is their money and their valid concern...