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2016-01-22 14:08 | Report Abuse
Shoot at spinner.
Did chong signed an agreement and did not disclose to his board his personal interest at that very moment? He sign a sd and ask his crony board secretly set a Incriminate Club IC to put blame on his victims as scapegoat.
2016-01-22 14:03 | Report Abuse
Spinner Chong here on protasco. Go his rat house spam him.
2016-01-22 09:11 | Report Abuse
Wah chong u burn money goreng share ar? Good advisors. Burn here 20 million there 20 million all masuk their pocket. No wonder protasco no more money. All funny stories nothing to do here. Fly bird lah.
2016-01-22 09:08 | Report Abuse
Spam so much cannot answer straight 1 question. LOLOLOL
2016-01-22 09:07 | Report Abuse
Cannot answer still the simple questions.
Why chong ket pen signed an agreement and did not disclose to hos board his personal interest? He sign a sd later.
2016-01-22 09:05 | Report Abuse
Strange stories tweak here and there.
2016-01-22 01:50 | Report Abuse
Crook helped chong. The fathet of all crook. LOL
2016-01-21 22:54 | Report Abuse
Stock: [NEXGRAM]: NEXGRAM HOLDINGS BHD
Jan 21, 2016 01:34 PM | Report Abuse
[continue]
Chong: We set them up, ask them sign SD, sue them to put all blame to them. They will lost credibility and we follow advisor ask them pay all the cost we created.
Son: We are the one sign agreement, do due diligence, pay everything and they were never on board and no right to do executive director job. you did. How the lies cover up this?
Chong: Advisor says so, we will do as said. Tey & Ooi got their own enemy, we put blame on them, use them, and put enough bad image will cover up what we did.
Son: But... we agreed to tell them if there is problem and let them replace other assets. Oil price also drop so much, sell also difficult. If anything goes wrong with the asset, in agreement they did not cheat anything. Wasn't that our faults failing the due diligence? What dispute they may have we should inform them, they will help us. If really not good, we should honour our words to solve together. Maybe they have win win ideas that solve the problem?
AdvisorR: Chong, you will win a RM500 million company Protasco. Tey & Ooi will loose. Just set them up put a blame. Even though they have proof, you put up 100 stories is enough to bad name them. Nobody will see your wrong doing.
Son: Father signed an agreement, this is the start by father, and because of time, he did not disclose his personal interest. You ask him sign SD together with Tey and Ooi, wasn't father is the most implicated suspect of lying to SD?
AdvisorR: Spend money, paint them bad. Instigate their other investments. Made them looks like got many problem. Use PDRM and authorities to do the dirty work. media is simple, pay and they write whatever you want them to see.
Son: Dad, Tey and Ooi did not attack us because they are shareholders of Protasco. they feel the pain. How bad are they, they saved us, and our communication is very bad. If we don't like a partner, we can negotiate. Why we never ask?
AdvisorR: Chong you must make your mind think the bad way. They cheat you. Even though you know they didn't you have to think that way. use the authority, no company is perfect, kill them.
Son: Dad, we have the RM500 million company already, for cover up what we did, kill so many innocent investors is not right. They are bad, but nothing to do with us. We have our own dirts inside Protasco. We also did many bad deals in overseas, and Protasco carpet it as commercial decision. Why pay all these cost? We lost hundreds of millions of projects, spend tens of millions for funny things just to discredit them, they probably lost hundreds of millions also. Eventually, the facts that we sign the agreement and did not disclose to the board our personal interest, and worst we sign the SD. How?
Ibrahim: This is madness, criminal and sin, my moral and religion cannot allow me to involve in such.
[http://www.bursamalaysia.com/market/listed-companies/company-announcements/4882413]
Tan Sri H: Chong you lied to me and ask me sign resolution, you presented to us in the board, you did due diligence, and you process the whole thing. Now you paint your partners Tey & Ooi bad person, it doesn't covers these facts. You don't know how to talk to them is your problem. Just don't let my implication affect me.
Chong: Advisor says will not be seen as long we cover up. We just find Tey & Ooi enemy and use them. It will cover up over shadow our own problem.
Tan Sri L: Too much. It's suicide boomer, Chong your decision that initiated the deal. Cannot run. Business problem bigger than this were solved in business way. I heard both stories, the truth is straight, and they felt cheated, you too. But deep down, you know what you promise and you did not communicate. Problem never solves.
Dato Sri: Your dirts in Protasco people knew and did not hit you because they are also shareholders. Your hand is full of blood and still doing. Why you do this?
Chong: I do it for my son.
Dato Sri: You are creating enemy and hell gate for your son. Be sensible, your partners protect their own staff and investors, take your hit. Eventually will hit back when truth is out. Nothing could be solve unless business solution. It may cost more sin for you son than anything else you created.
2016-01-21 22:54 | Report Abuse
Stock: [NEXGRAM]: NEXGRAM HOLDINGS BHD
Jan 21, 2016 11:19 AM | Report Abuse
[lies continues]
Au: Chong said he is in a rush, the oil project we brokerage has few on-going debtors and creditors.
Tey: Any company also have debtors and creditors. Benny signed agreement he will deal with Herman, and Herman defaulted on the money he borrow from us, I heard our client company cheque he borrows was bounced back, police report were made. It's normal business breach of contract, so let them sort out as per contract, likely Benny will honour pays Herman take care of him he promise, don't see any issue. If any issue, we trust Chong will let us know. he promise and he ask us to stay behind.
Chong: Faster Larry, shorty cannot wait.
Tey: But..
Chong: Give me what ever you have. Paper works.
Tey: My asset is in process how? Update later along the way? Vendors need to be paid, their loan etc.
Chong: I agree to propose it, and get approval to do down payment, and promise to complete within 6 months.
Ooi: We don't join the board now? How come? We buy the company and he induce us to "trust him" and find excuse don't want us on board. How do we know he will complete the oil project within 6 months as per agreement? Our investors loan has to repay, and vendor company guaranteed that. Wasn't this cheating?
Tey: Chong said he will present, propose and influence his board. He things we own the assets is not good to be on the board. We are OK even it's RPT, but he cannot wait. Moreover, we did not buy over the assets, it's back to back pledged to to vendor and investors who gave the loan. Everything transparent and legally handled.
Ooi: OK then I go in myself. I chip in money I must see what Chong is doing. But he is the only
Tey: What about Augustone? He can handles well the project? We have nobody involved in the entire due diligence.
Ooi: I trust Augustone. Anything he shall inform.
Ooi: The staff of ASU, Tjoe Yudhis, is he trusted?
Tey: Like all Indonesian companies, all bosses are not in any company name. Almost all big corporations staff don't know the actual bosses except the commissioners. We do well like most private bankers. We protect our clients privacy. They fund us, we screen through projects and help them gets funding. We stick to our profession and job ethic.
Ooi: OK, so Yudhis shall work for the vendor company, he only knows us the consultants. Pak Dedi he knows as the shareholder, so should be good enough to represent the project company. Nobody tells staff what deals we arrange, business information. End of day Protasco will run the oil business anyway. ASU has many other oil projects, vendor don't need to involve in this project. We trust Chong will do a good job.
Tey: Yes, we must trust Chong. Any problem he could talk to us. Let him handles.
[1 year past]
Chong: Do double due diligence, use all top auditor, RISS Australia, GT Singapore, etc. Dispute of shortage of oil never mind.
Son Kenny Chong: Site visit see well. All ok.
Tey: Chong how is the process doing? Why so long? Can or cannot do, let me know. Oil was 100 dollar and now going down. The asset gets better value year back, want to flip to others may not have time.
Chong: Still in process. I will do it.
[1 1/2 year past]
Chong: Son, rush fast. We demand Indonesia government must give us 10 years contract in writing.
Ooi: The oil company ask to perform 2 months work, then let them process contract. Government is the one we shall follow, not demand them to follow us.
Tey: I put trust on you Chong, snd 1 1/2 years gone. You are the only executive director legally allowed to carry on the work. Why not I exercise my shareholders right as per agreement and appoint me as executive director? I can help you process this and you tell me what is the problem.
Chong: Tey wants to come in how?
Tan Heng Kui: We let him be non-executive director. Just do it. Don't put him an ED.
Chong: I know Tey can rescue and handles well the oil project. As long he founds out the problems, he can easily solves it when he has power.
2016-01-21 22:53 | Report Abuse
Stock: [NEXGRAM]: NEXGRAM HOLDINGS BHD
Jan 21, 2016 11:19 AM | Report Abuse
[lies continues]
Au: Chong said he is in a rush, the oil project we brokerage has few on-going debtors and creditors.
Tey: Any company also have debtors and creditors. Benny signed agreement he will deal with Herman, and Herman defaulted on the money he borrow from us, I heard our client company cheque he borrows was bounced back, police report were made. It's normal business breach of contract, so let them sort out as per contract, likely Benny will honour pays Herman take care of him he promise, don't see any issue. If any issue, we trust Chong will let us know. he promise and he ask us to stay behind.
Chong: Faster Larry, shorty cannot wait.
Tey: But..
Chong: Give me what ever you have. Paper works.
Tey: My asset is in process how? Update later along the way? Vendors need to be paid, their loan etc.
Chong: I agree to propose it, and get approval to do down payment, and promise to complete within 6 months.
Ooi: We don't join the board now? How come? We buy the company and he induce us to "trust him" and find excuse don't want us on board. How do we know he will complete the oil project within 6 months as per agreement? Our investors loan has to repay, and vendor company guaranteed that. Wasn't this cheating?
Tey: Chong said he will present, propose and influence his board. He things we own the assets is not good to be on the board. We are OK even it's RPT, but he cannot wait. Moreover, we did not buy over the assets, it's back to back pledged to to vendor and investors who gave the loan. Everything transparent and legally handled.
Ooi: OK then I go in myself. I chip in money I must see what Chong is doing. But he is the only
Tey: What about Augustone? He can handles well the project? We have nobody involved in the entire due diligence.
Ooi: I trust Augustone. Anything he shall inform.
Ooi: The staff of ASU, Tjoe Yudhis, is he trusted?
Tey: Like all Indonesian companies, all bosses are not in any company name. Almost all big corporations staff don't know the actual bosses except the commissioners. We do well like most private bankers. We protect our clients privacy. They fund us, we screen through projects and help them gets funding. We stick to our profession and job ethic.
Ooi: OK, so Yudhis shall work for the vendor company, he only knows us the consultants. Pak Dedi he knows as the shareholder, so should be good enough to represent the project company. Nobody tells staff what deals we arrange, business information. End of day Protasco will run the oil business anyway. ASU has many other oil projects, vendor don't need to involve in this project. We trust Chong will do a good job.
Tey: Yes, we must trust Chong. Any problem he could talk to us. Let him handles.
[1 year past]
Chong: Do double due diligence, use all top auditor, RISS Australia, GT Singapore, etc. Dispute of shortage of oil never mind.
Son Kenny Chong: Site visit see well. All ok.
Tey: Chong how is the process doing? Why so long? Can or cannot do, let me know. Oil was 100 dollar and now going down. The asset gets better value year back, want to flip to others may not have time.
Chong: Still in process. I will do it.
[1 1/2 year past]
Chong: Son, rush fast. We demand Indonesia government must give us 10 years contract in writing.
Ooi: The oil company ask to perform 2 months work, then let them process contract. Government is the one we shall follow, not demand them to follow us.
Tey: I put trust on you Chong, snd 1 1/2 years gone. You are the only executive director legally allowed to carry on the work. Why not I exercise my shareholders right as per agreement and appoint me as executive director? I can help you process this and you tell me what is the problem.
Chong: Tey wants to come in how?
Tan Heng Kui: We let him be non-executive director. Just do it. Don't put him an ED.
Chong: I know Tey can rescue and handles well the oil project. As long he founds out the problems, he can easily solves it when he has power.
2016-01-21 22:53 | Report Abuse
Copi pest
Stock: [NEXGRAM]: NEXGRAM HOLDINGS BHD
Jan 21, 2016 10:43 AM | Report Abuse
Chong ket pen to cover up the only question he can't answer, made up stories to discredit his own saviour, They and Ooi who help him sits on Protasco today, is disgusting.
he can't answer "why Chong signed an agreement and did not disclose to his board his personal interest. he further signed a SD."
Stories telling it is, here is what story Tey & Ooi may have con by Chong:
Banker: Larry you need to help this Dato Chong. It's October 2012 and Chong has 1 1/2 months to find buyer to take over his boss shares in Protasco.
Tey: Why should I invest in this company?
Banker: he is a Chinese, help him. You can use the company to expand your business in Malaysia. Meeting next week in Singapore.
Tey: I we raise fund from investors and pay RM100 million buy the company, he promise to let us inject or refer deals total up to our investors returns, about US55 million. You sure he guarantee honour his words?
Banker: You own the company, he shall take good care of you. Let him delivers.
(Chong can't wait until Singapore, met Tey in Malaysia to tell his story)
Chong: Mr Larry, my boss Tun Daim shorty wants to eat me. It's October and I have no time to find investors. I will sign anything to save my career. I lost everything. You have anything to inject, I promise to do it. I need it fast. Deadline is 31 December 2012.
(Dato Ibrahim appointed few directors and removed Chong from his existing position few months ago).
Ooi: Tey, Chong Ket Pen is who? Why we need to help him? We have other better business to do and projects on-going.
Tey: Chong was referred by my good friend, a Singapore banker. According to the banker, Chong is a Chinese and he said his boss Tun Daim wants to eat him by injecting some land assets he feels will dilute him.
Ooi: Still if we control a construction company, it's not interesting as we are working with Indonesia businesses in resource and oil & gas.
Tey: Never mind, according to Chong, he will run the company for us, promise us to inject anything good we have into company, spell clearly in agreement be it we own it or referred, up to a combined value of US55 million. Banker told Chong to allow us to replace any other assets, so our investors return are assured. We can grow the company bigger with better high growth business like oil and gas. He is a Chinese, we help him.
Ooi: We are just consultants ourselves, unless we wants to own the assets, which we don't want. How to meet Chong deadline of just few weeks, what if we buy the assets first and openly declares? We have no time pressure. But Chong has time pressure, it will takes 45 days or more past 31 December 2012 Chong's boss deadline?
Tey: Chong promise in front of banker, he shall honour his promise to buy our assets, be it our own or referred. He knows he don't have time for EGM which past the deadline.
Chong: I signed the agreement on 3 Nov 2012, shorty is pushing me, I will propose to the board immediately, and get it approved. Tey and Ooi you don't surface first, I will do the job for you.
Tey: the oil asset is still in process, you sure you wants to rush?
Chong: Give me what you have. We signed agreement just stated I will buy "anything in oil & gas in the oil district", total US55m, and I promise you to replace any other assets if got any issue; in exchange you find investor to take over Protaso buying over Tun Daim block.
Chong: If I declares I signed an agreement, Ibrahim will know and board will know I have backer/investor, and I have side deal. It's RPT if shows I have interest, it will take months to get EGM shareholder approval, I can't wait how?
Tan heng kui: never mind, just prepare propose to the board. Don't let Tey & Ooi comes in, they cannot enter the board. So nobody knows they existed, and nobody knows you signed an agreement and did not disclose, so don't need EGM.
Chong: We don't have enough time how? Skip the board?
Tan heng Kui: ask secretary, we rush through board resolution and think later.
Secretary: The asset belongs to Tey & Ooi, it would be long past deadline if we go through EGM, how?
Chong: They did not buy off and transfer the the assets to their name, should be OK. In front of banker I promise them already be it their own asset or not. I placed the order, they will help clean up and prepare nicely, this is normal any consulting firm will do.
Tey: Ok, I refers Mr ooo's new hired project manager Augustone Cheong Kok Fei to help you monitor the project. Who you send over to do all the due diligence?
Chong: My son Kenny Chong. I can only trust him, nobody else in the board.
2016-01-21 22:51 | Report Abuse
KennyChongSpoted Let me help your Ho Chun Fuat redeem his guilt. These are Bursa real real facts if pay attention. Careful your father heart attack.
HoChunFat Here is what ckp did.
1983bubble Very good. How much chong ket pen paid to grt his maid rape ar?
Derrickchongketpen http://klse.i3investor.com/blogs/bursagovernanceleak/89802.jsp
Chong ket pen spend black money just to get a malicious charge. Whole world also know la. You can charge him also for raping his maid. True or not dont care. Dirty trick. Past.
2016-01-21 21:17 | Report Abuse
Same old rubbish. Avoiding key problem.
2016-01-21 18:26 | Report Abuse
Oh he forgot he being cheated. He was sleeping walking into his board to present and lie to his board he has personal interest in the deal. He force his board to lie sayinf someone walk in to propose. I dont see any executive director except him. Blind blind who? Lier lier
2016-01-21 18:24 | Report Abuse
Psycho chong here again. Lets recap
Chong signed an agreement and did not disclose to his boars his personal interest. He further signed a sd. Full stop. Long long for what.
2016-01-21 14:10 | Report Abuse
We do him lor. This chong fela hide in protasco. Come here talk cock. We go his rabbit hole.
2016-01-18 21:09 | Report Abuse
Cheater chong shout cheater. Guilty guilty chong ket pen. LOL
2016-01-18 18:18 | Report Abuse
Chong ket pen lor. The con man.
2016-01-18 18:04 | Report Abuse
Who else? Business steady, sabotage share and people lor. Next you know authority, accountants, consultants etc. small investors just wait for business results. Global market no good, time to hold steady companies. N is one good penny stock.
Stock: [NEXGRAM]: NEXGRAM HOLDINGS BERHAD
2016-01-22 14:09 | Report Abuse
He will spin same cover up like in the after math IC. The middle part at event time was skipped.