Vikas Kawatra, senior investment analyst at Kim Eng Securities, thinks Tanayong may yet get its money.

CNN: Asia's Memory Lapse

"Faced with the fear of the unknown, investors both domestic and foreign are very cautious and preferring other markets where there is less risk, " said Andrew Sullivan of Kim Eng Securities in Hong Kong.

NPR: Asia Stocks Flat In Holiday Trading, Nikkei Down

"We think that it will be difficult for Creative to make a decent return on MP3 players in the next few quarters especially when other consumer electronic giants are starting to pile in, " Dharmo Soejanto, an analyst with Kim Eng Securities in Singapore, told AFP.

ENGADGET: Zen and the art of market share losses