Dirty Board of NWP has to go

Superman Director in NWP, TFP, ITRONIC - 超级无敌GENG CHAO冠军董事!!!

Speedmaster
Publish date: Mon, 24 May 2021, 09:51 AM

So,

Not only is Datuk Chu the King of MOU, he is also one of the most accomplished businessman that has the ability to do any business from outerspace satellite chips to selling motorbike to property to e-commerce to fintech to software hardware underwear.


Joke aside, let us examine the profile of this King of MOU as available on NWP's website: 
http://nwp.com.my/board-of-directors/

 

Blow water 1 : INDUSTRONICS BHD

ITRONIC is a loss-making company with shrinking assets value, shrinking equity, and cash level of RM600k only. "Financial and human resources to undertake MAJOR technology-based projects"?? 

If this sort of company can take on MAJOR PROJECTS AROUND THE WORLD then our Perodua Myvi can take part in MAJOR F1 RACES AROUND THE WORLD liao...

 

 

Blow water 2 : RM 1.5 Billion investment from Zodiac Group (China)

 

https://www.nst.com.my/business/2020/08/618867/chinas-zodiac-invest-rm15bil-initially-malaysia

Excerpt from the Aug 2020 article

Questions 1: Zodiac's chips largest-selling? Fore-front of technology?

According to its official website https://zodiachip.com/ , this Zodiac is just a 'research centre' with no commercial sales data to back up claims of 'largest-selling' and 'fore-front' of technology. A quick check with networks within the chips and semicon industry folks in Penang (fore-front in chips in Malaysia) returned zero clues on this Zodiac co. 

Questions 2: RM 1.5 Billion investment on 500 acres land

Where is the land? Where is the money? No news? Blame on Covid? Ok lor...

Questions 3: Breakthrough 5G, going into 6G !!

Walaoeh... Samsung Apple all the daigors also don't dare say the words 6G but you breakthrough liao... Really don't play play with this Zodiac chairman... 

So when are you listing on Nasdaq US? Need to congratulate you in advance.

Questions 4: USD 600 million to invest in 6G

Walaoeh x2... Haven't even seen your RM 1.5 billion now you talking USD 600m (~RM2.5b) !!??

 

Anyways, this King of MOU announced the RM1.5b investment as Zodiac Chairman on 24th Aug 2020, then ITRONIC subsequently went from 20sen to 40sen. 

Market rumor say is related to his RM1.5b story la... same timing ma... Director of ITRONIC then also Chairman of Zodiac China Research Centre at the same time. 

 

So... what is the conclusion of the story? 

The conclusion is.... our King of MOU is SUPER GENG CHAO!!!

5G 6G Satellite Chips, Motorbike Sales Distribution, Property Project Management Sales Marketing, Online E-commerce Blockchain Digital Software Hardware Underwear... 

This SUPERMAN can do ANYTHING and EVERYTHING!!!

Must continute to vote and keep him as Director of NWP, TFP, ITRONICS ya...

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