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2016-01-19 12:27 | Report Abuse
Got missing cash meh? All solid businesses. Any old projects empty companies all closed. Like that also can made up story. Bollywood actor chong ket pen really fool small investors.
2016-01-19 12:25 | Report Abuse
Alice chong ket pen you still got share meh? Sell lor.
Chong ket pen your father spend so much protasco money trying to cover up his mistakes and put blame on his partner who helped him. Nexgram business is as solid as rock, doesnt rely on government contract like chong on protasco, which are left over by his ex boss.
2016-01-19 11:50 | Report Abuse
Chong insider trading. Talk so much also no use
2016-01-19 11:49 | Report Abuse
Keep coming. Chong tricks.
2016-01-19 09:17 | Report Abuse
Wah. Larry tey owns bank of america! No wonder! LOLLOL
https://www.linkedin.com/in/larry-tey-5b9b047
2016-01-19 08:34 | Report Abuse
Here is all about why chong ket pen wants to kill wintoni and other innocent companies and their investors. http://klse.i3investor.com/blogs/bursagovernanceleak/89912.jsp
2016-01-19 08:32 | Report Abuse
This company is small, investors are still innocent being bombard by chong ket pen. Here is what chong ket pen did using his staff to take money and spam wintoni. Poor investors. All these to cover up an old man greed:
PETALING JAYA: One of the embattled directors of Protasco Bhd Tey Por Yee has responded to the suit filed against him by Protasco with a counter suit claiming failure by management of the company to exercise their authority for the benefit of the company.
Tey, suing in a representative capacity on behalf and for the benefit of Protasco, is alleging that Protasco's senior management had made RM10 million in secret profits from the aborted PT Anglo Slavic Indonesia (PT ASI) deal and is suing to recover the said amount.
Protasco's vice chairman and managing director Datuk Seri Chong Ket Pen, Edward Khoo Mong Wei, Lim Yew Ting, Low Kian Seng, Khor Hooi Ling, Kenny Chong Ther Nen, as well as Protasco and RS Maha Niaga Sdn Bhd are all named in the suit by Tey and Ooi.
Tey, speaking in the presence of his lawyer at a press conference yesterday, said that he had discovered evidence of a money trail where monies paid by Protasco for the proposed acquisition of PT ASI was flowed through two layers of companies before a RM10 million cheque was drawn and paid to benefit RS Maha Niaga Sdn Bhd's account with United Overseas Bank (M) Bhd in early 2013.
Ooi Kock Aun, the other party being sued by Protasco was not present at the press conference and is not part of the suit filed by Tey though his company Kingdom Seeker Ventures Sdn Bhd (KSV).
According to Tey, PT Anglo Slavic Utama (PT ASU) vide its lawyers cited that the RM10 million was Chong's financial gain from two contracts, which are related to the takeover of an oil deal and bitumen and coal trading with Indonesian companies.
Filings with the Companies Commission of Malaysia show that Khoo and Lim are the shareholders of RS Maha Niaga.
In a statement released later in the evening in response to Tey's statement, Chong denied the allegation made by Tey and said he will be lodging a police report on the claims made by Tey.
Back in December 28, 2012, Protasco entered into an agreement to acquire some stake in PT Anglo Slavic Indonesia (PT ASI) from PT ASU, in a move to venture into the oil and gas business. However, the deal fell through last August when Protasco decided to terminate the deal.
Tey, who himself is sought to be removed by substantial shareholders in Protasco, meanwhile said he will call for an EGM at the end of November or early December to remove Chong.
Tey, who owns a 18% stake in Protasco through KSV, plans to present the evidence he has gathered against Chong to shareholders at the EGM.
"We're (Tey and Ooi) are being made the scapegoat to cover this major breach of shareholders' trust," he told a media briefing here yesterday.
Tey pointed out that as soon as he discovered the evidence of money trail, he had called for an emergency board meeting on Monday to present the facts and evidence of the wrongdoing and ask for the board to take action.
The company's chairman Tan Sri Hadenan Abdul Jalil however informed Tey vide a letter that the meeting would instead be held this Friday.
In a separate statement to rebut Tey's claims, Protasco explained that the postponement of the meeting is in view of its importance to enable all board members to attend.
On Monday Protasco received notice from its shareholders, UOBM Nominees (Tempatan) Sdn Bhd and Tan Heng Kui who collectively hold a 10.51%, to call for an EGM to remove Tey and Ooi.
Tey and Ooi are currently being sued by Protasco for breach of fiduciary duties, involving a claim of US$27 million (RM88 million) in damages for fraud and conspiracy over the PT ASI takeover deal.
Share price of the construction and property development firm closed 4 sen lower to RM1.60 yesterday.
- See more at: http://m.thesundaily.my/node/278735#sthash.ifkaRC5N.dpuf
2016-01-19 08:30 | Report Abuse
Here is more interesting. Chong ket pen and staffs right in the middle of protasco took interest to help chong pays his shares in protasco:
PETALING JAYA: One of the embattled directors of Protasco Bhd Tey Por Yee has responded to the suit filed against him by Protasco with a counter suit claiming failure by management of the company to exercise their authority for the benefit of the company.
Tey, suing in a representative capacity on behalf and for the benefit of Protasco, is alleging that Protasco's senior management had made RM10 million in secret profits from the aborted PT Anglo Slavic Indonesia (PT ASI) deal and is suing to recover the said amount.
Protasco's vice chairman and managing director Datuk Seri Chong Ket Pen, Edward Khoo Mong Wei, Lim Yew Ting, Low Kian Seng, Khor Hooi Ling, Kenny Chong Ther Nen, as well as Protasco and RS Maha Niaga Sdn Bhd are all named in the suit by Tey and Ooi.
Tey, speaking in the presence of his lawyer at a press conference yesterday, said that he had discovered evidence of a money trail where monies paid by Protasco for the proposed acquisition of PT ASI was flowed through two layers of companies before a RM10 million cheque was drawn and paid to benefit RS Maha Niaga Sdn Bhd's account with United Overseas Bank (M) Bhd in early 2013.
Ooi Kock Aun, the other party being sued by Protasco was not present at the press conference and is not part of the suit filed by Tey though his company Kingdom Seeker Ventures Sdn Bhd (KSV).
According to Tey, PT Anglo Slavic Utama (PT ASU) vide its lawyers cited that the RM10 million was Chong's financial gain from two contracts, which are related to the takeover of an oil deal and bitumen and coal trading with Indonesian companies.
Filings with the Companies Commission of Malaysia show that Khoo and Lim are the shareholders of RS Maha Niaga.
In a statement released later in the evening in response to Tey's statement, Chong denied the allegation made by Tey and said he will be lodging a police report on the claims made by Tey.
Back in December 28, 2012, Protasco entered into an agreement to acquire some stake in PT Anglo Slavic Indonesia (PT ASI) from PT ASU, in a move to venture into the oil and gas business. However, the deal fell through last August when Protasco decided to terminate the deal.
Tey, who himself is sought to be removed by substantial shareholders in Protasco, meanwhile said he will call for an EGM at the end of November or early December to remove Chong.
Tey, who owns a 18% stake in Protasco through KSV, plans to present the evidence he has gathered against Chong to shareholders at the EGM.
"We're (Tey and Ooi) are being made the scapegoat to cover this major breach of shareholders' trust," he told a media briefing here yesterday.
Tey pointed out that as soon as he discovered the evidence of money trail, he had called for an emergency board meeting on Monday to present the facts and evidence of the wrongdoing and ask for the board to take action.
The company's chairman Tan Sri Hadenan Abdul Jalil however informed Tey vide a letter that the meeting would instead be held this Friday.
In a separate statement to rebut Tey's claims, Protasco explained that the postponement of the meeting is in view of its importance to enable all board members to attend.
On Monday Protasco received notice from its shareholders, UOBM Nominees (Tempatan) Sdn Bhd and Tan Heng Kui who collectively hold a 10.51%, to call for an EGM to remove Tey and Ooi.
Tey and Ooi are currently being sued by Protasco for breach of fiduciary duties, involving a claim of US$27 million (RM88 million) in damages for fraud and conspiracy over the PT ASI takeover deal.
Share price of the construction and property development firm closed 4 sen lower to RM1.60 yesterday.
- See more at: http://m.thesundaily.my/node/278735#sthash.ifkaRC5N.dpuf
2016-01-19 08:28 | Report Abuse
Chong senior management also cover up for him, he is the master mind of cheating investors tey and ooi to invest, he is the one wanted, asked consultant to prepare (and he now bribe a stupid employee of consultant client tjoe yudhis to lie and twist the fact), accepted and signed agreement, propose to his board, done due diligence and paid the money, taken the asset shares and put a blame to the investors. These steps are done by himself and son kenny chong. How consultants arrange with vendors, their client and suppliers, has nothing to do with what chong is doing. Cannot cover up its chong who wants it and put blame!
http://m.thesundaily.my/node/278735
PETALING JAYA: One of the embattled directors of Protasco Bhd Tey Por Yee has responded to the suit filed against him by Protasco with a counter suit claiming failure by management of the company to exercise their authority for the benefit of the company.
Tey, suing in a representative capacity on behalf and for the benefit of Protasco, is alleging that Protasco's senior management had made RM10 million in secret profits from the aborted PT Anglo Slavic Indonesia (PT ASI) deal and is suing to recover the said amount.
Protasco's vice chairman and managing director Datuk Seri Chong Ket Pen, Edward Khoo Mong Wei, Lim Yew Ting, Low Kian Seng, Khor Hooi Ling, Kenny Chong Ther Nen, as well as Protasco and RS Maha Niaga Sdn Bhd are all named in the suit by Tey and Ooi.
Tey, speaking in the presence of his lawyer at a press conference yesterday, said that he had discovered evidence of a money trail where monies paid by Protasco for the proposed acquisition of PT ASI was flowed through two layers of companies before a RM10 million cheque was drawn and paid to benefit RS Maha Niaga Sdn Bhd's account with United Overseas Bank (M) Bhd in early 2013.
Ooi Kock Aun, the other party being sued by Protasco was not present at the press conference and is not part of the suit filed by Tey though his company Kingdom Seeker Ventures Sdn Bhd (KSV).
According to Tey, PT Anglo Slavic Utama (PT ASU) vide its lawyers cited that the RM10 million was Chong's financial gain from two contracts, which are related to the takeover of an oil deal and bitumen and coal trading with Indonesian companies.
Filings with the Companies Commission of Malaysia show that Khoo and Lim are the shareholders of RS Maha Niaga.
In a statement released later in the evening in response to Tey's statement, Chong denied the allegation made by Tey and said he will be lodging a police report on the claims made by Tey.
Back in December 28, 2012, Protasco entered into an agreement to acquire some stake in PT Anglo Slavic Indonesia (PT ASI) from PT ASU, in a move to venture into the oil and gas business. However, the deal fell through last August when Protasco decided to terminate the deal.
Tey, who himself is sought to be removed by substantial shareholders in Protasco, meanwhile said he will call for an EGM at the end of November or early December to remove Chong.
Tey, who owns a 18% stake in Protasco through KSV, plans to present the evidence he has gathered against Chong to shareholders at the EGM.
"We're (Tey and Ooi) are being made the scapegoat to cover this major breach of shareholders' trust," he told a media briefing here yesterday.
Tey pointed out that as soon as he discovered the evidence of money trail, he had called for an emergency board meeting on Monday to present the facts and evidence of the wrongdoing and ask for the board to take action.
The company's chairman Tan Sri Hadenan Abdul Jalil however informed Tey vide a letter that the meeting would instead be held this Friday.
In a separate statement to rebut Tey's claims, Protasco explained that the postponement of the meeting is in view of its importance to enable all board members to attend.
On Monday Protasco received notice from its shareholders, UOBM Nominees (Tempatan) Sdn Bhd and Tan Heng Kui who collectively hold a 10.51%, to call for an EGM to remove Tey and Ooi.
Tey and Ooi are currently being sued by Protasco for breach of fiduciary duties, involving a claim of US$27 million (RM88 million) in damages for fraud and conspiracy over the PT ASI takeover deal.
Share price of the construction and property development firm closed 4 sen lower to RM1.60 yesterday.
- See more at: http://m.thesundaily.my/node/278735#sthash.ifkaRC5N.dpuf
2016-01-19 08:23 | Report Abuse
Chong ket pen is here again to tell lies. Tell so much unrelated information to bad mouth his investors tey and ooi, his own cover up cant be hidden by his massive lie spreading:
Here are some interest readings:
https://bigdogdotcom.wordpress.com/2014/11/21/caught-between-the-hats-on-professional-reports/
Wow his chairman no choice because conflicted interest cover up for chong also.
Stock: [NEXGRAM]: NEXGRAM HOLDINGS BERHAD
2016-01-19 12:30 | Report Abuse
Missing cash is chong ket pen in protasco. Bribe and pay for all bollywood production cost!!!
Wah!! A lot of money gone!
http://protascopolicescam.blogspot.com/?m=1
Wou!! Tens of millions production fee burn!
http://syndicatedscam.blogspot.my/2015/09/wintoni-group-demand-sp-setia-yap-kok.html?m=1