AS for the likes of Kenneth Vun Yun Liun, Victor Chin Boon Long, Francis Leong Seng Wui dan rakan rakan, all I can say is Welcome To The Pleasure Dome, we are not far away from a home run!!! Also please put Eddie Ng in jail as well!
BASICALLY, Hong Seng has lost more than RM5 billion of its value in just 23 months, and if you add the other victims of the Corporate Mafia, such as Classita Bhd and Revenue Group Bhd, the Mafia Group is responsible for about RM10 billion real value loss.
LET'S just put this RM10 billion in perspective. It comes out to about 2.57 per cent of Malaysia's RM388.1 billion budget for 2023.
AT the start of financial year, REVENUE Group had RM82.52 million cash and if you add the RM62.59 million the company received by a warrant conversion thar makes no economic sense, its total cash should come up to RM145.11.
UNFORTUNATELY, Revenue Group is now only left with RM21 million, but it has a borrowing of about RM40 million, which basically means theoretically the company has a negative bank balance.
And also for the final quarter, for every RM 1 in turnover brought into the company,Revenue was losing about 55 sen.
I hope if macc or government reading this, pls take action against mafia group and Eddie Ng! This is getting out of hands and why no action taken against them? Is klci being use to siphon money and they can do anything they want? Smaller investors are never being protected by all this conmen!
Redhotpepper@ yaya. Akan datang! That is why in life do not resort to doing all this con things. Mafia group and Eddie Ng, they think they can escape by doing all this dirty things but one day they have to repay. Karma will hunt them soon. Haha
Pity those workers at revenue. Their management all conmen under mafia group and behind the scene still have this pariah Eddie Ng. If Eddie Ng so ethical won't deactivated his fb la. Last time like to show off with all the awards. Now hiding? Haha
According to Tax Guru, the AGM should be held within six months from the end of the financial year and the gap between AGMs of 2 consecutive years shall not be more than 15 months. Registrar may extend the AGM for any special reason, by a period not exceeding three months.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....