8 OCT 2015: Good article to share. Copy and refers from outside blog http://wintonisaga.blogspot.ae/2015/10/liew-kee-sin-shadow-on-wintoni-sp-setia.html
Sky Falls on Liew's Generals?
Courtesy:
http://syndicatedscam.blogspot.co.uk/2015/09/wintoni-group-demand-sp-setia-yap-kok.html
Liew's general, Chang Khim Wah, in Wintoni Bhd hostile shareholder list - Photo Kinibiz |
There was an interesting write up on Wintoni strange tie to one of the major shareholder Dato' Tey Por Yee, and SP Setia previous head, currently EcoWorld pilot Tan Sri Liew Kee Shin's generals, namely Yap Kok Weng and Chang Khim Wah.
Yap was SP Setia CFO, and current Vice President; where as Chang was previous SP Setia Director, and current President and CEO of EcoWorld.
"Not me! I only follow instructions", Yap Kok Weng in Wintoni Bhd hostile take over saga. |
Series of funny evidence was highlighted at business journal "Wintoni Group demand SP Setia Yap Kok Weng and others fulfill mandatory general offer (MGO)". (URL http://syndicatedscam.blogspot.co.uk/2015/09/wintoni-group-demand-sp-setia-yap-kok.html).
The master plan for Liew's generals to possess Wintoni was busted, and the mess is not done yet. It's just started.
"Why me?" |
Tey Group's fatal attraction business enemy (Dato Sri Chong Ket Pen, a famous Corporate Scam Artist), has some interesting coincident which market perceived indirectly inspired the entry of Liew's generals taking advantage of Tey's Group corporate sabotage. Latest Scam Chong is cooking could be found at "Chong Ket Pen Scam to con Police - Protasco Case Collapse" (URL http://protascopolicescam.blogspot.co.uk/ ). Chong, the x staff of a high profile politician, has his own sky falling, corporate history may put him into text book for organizing one of the largest corporate organized crime against another business group, and induce government related parties to invest in the company he stolen from his investors.
The Collapse of Corporate Sabotage Plan or Other Arrangement?
Market talk also suggest that Liew's generals are discussing plans to cover up the wrong doings, including breaking share price manipulation, take over code, general offer breaches, and abuse of court in business sabotage causing public listed company business lost. Rumor the Liew's group is planning a sting operation to facilitate a potential back door listing by way of hostile take over, supposedly a low cost plan. Unfortunately, authorities are tracking Chong Ket Pen mass corporate scam operation and happens to bust Liew's group secret plan, a series of unfortunate events happens at the same time.
Some corporate tigers may have over estimated, or under estimated the ever changing corporate scene. In the cold corporate world, an enemy or ally is just matters of thin line. Could this be a step backward for Liew's EcoWorld, or there are other arrangement behind the scene between Liew Group and Tey Group, to turn around, time will tell.
The strange corporate plans would be interesting if there is indeed some continuity of the larger conspiracy being tracked by KiniBiz:
Ex-SP Setia bigwigs cause a stir | KINIBIZ - SEPTEMBER 17, 2013
http://www.kinibiz.com/story/issues/49933/ex-sp-setia-bigwigs-cause-a-stir.html
Who really controls Eco World? - Malaysiakini - MAY 8, 2014
http://www.malaysiakini.com/news/262228
Eco World, a property brand in a rush - OCTOBER 21, 2014
http://www.kinibiz.com/story/issues/115232/eco-world-a-property-brand-in-a-rush.html
Second Eco World listing goes from Spac to IPO - JUNE 18, 2015
http://www.kinibiz.com/story/issues/173842/second-eco-world-listing-goes-from-spac-to-ipo.html
Does Eco World need to list a second vehicle? - JUNE 18, 2015
http://www.kinibiz.com/story/issues/174495/does-eco-world-need-to-list-a-second-vehicle.html
What would happen next, if ever the one stone two bird "sabotage and earn a shell for RTO (reverse take over) plan" got busted? What next? The share price movement would be interesting, and further confirm the share manipulation. Market experts would suggest a buy up, or crash down and buy up. Some negotiation could be happening behind the scene in order to keep the public listed company Wintoni Bhd "afloat" before the chicken ran wild directionless and cause a GN3 status. This would be another law breaking and moral issue if authority knowingly and allowed such abuse to happen in Bursa Malaysia.
" One fact is for sure (that) these organized corporate wolfs are in deed not that organized and over confidence. The law has been broken, even if the company collapse or not, there are the main culprit. Even if they sold, did general offer or what ever exit plan, crime is committed, nobody run away. Worst, when they made the existing PLC stakeholders their enemy. Anyway, maybe a simple table talk may change entire course, who knows", commented a senior banker.
SP Setia and EcoWorld Parties Working in Concert All-in-one Busted : Clock is ticking
Stay tune for Yap Kok Weng and Chang Khim Wah trails in Wintoni operation, together with 79 others in the line. Time is running out. Market rumor another power force is in play at the background, the power shift is vigorous. It is unlikely for the Liew's gang to stay status quo, who knows these people's faith would have been different, or are they signing up for such? Maybe they don't even know what have they signed up for.
Rumor : Liew's SP Setia & EcoWorld ex staff and current staffs and friends gang of 79 |
More updates on Wintoni's corporate announcement and news could go direct to Bursa Malaysia:
Wintoni Bhd ( http://www.bursamalaysia.com/market/listed-companies/company-announcements/#/?=&company=0141&category=all )
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4878369
More to come...
Created by RajaAbdullah | Dec 07, 2015
Created by RajaAbdullah | Dec 04, 2015
Created by RajaAbdullah | Dec 02, 2015