Some of you may have read one or two blogs set up by tey or ooi which basically tried to disgrace dato chong by saying that dato chong is a slipper holder or merely a staff for tun daim, the de facto leader in protasco.

But, tey and ooi actually been hiding the fact that they are just nominees for Per Ecker and Roar Ostbo, two norwagians businessman who acted as financiers for all of tey and ooi ventures, including nexgram. At least dato chong is a nominee for a malay politician, but tey and ooi are slaves for two white slavers LOL LOL LOL

Can the crowd start chanting: nexgram 4 cents, nexgram 4 cents? LOL LOL LOL

Three months through 2016, things looks more bleaker everyday for Nexgram eh?

First, it "standard" disposal got probed by the SC leading to information that gold dynamic and it subsidiaries are owned by tey and ooi all along.

Second, tey and ooi are tried for perjury and fraud. In case anyone forget, they were the founders and controllers of nexgram.

Third, tey and ooi quits from nexgram and sold off their stakes in nexgram.

Forth, it most priced projects got cancelled by the authorities.

LOL LOL LOL

One "old story"

So tey and ooi got a beef with a powerful malay politician. And at the same time tey and ooi treated their employee badly....so one time the security employed by tey and ooi was contacted by the people of this politician who were seeking dirt on tey and ooi. Coincidentally the security know the exact time and date of the next money withdrawal of tey and ooi's company, so he notifying this to tey and ooi's enemy which then robbed tey and ooi's money in broad day light LOL LOL LOL LOL

Tey and ooi failed to realize the dire of their situation. At the time being, a group of shady individuals are watching their every move including their wives and childrens LOL LOL LOL

So much anger....how to achieve transcendental awareness and happiness?

Let me assist you in understanding Godynamic Investment Ltd- GIL a BVI (British Virgin Islands) an offshore company.

As rightly pointed out GIL is and has always been an integral part of Nexgram (51% owned) since inception and perhaps packaged in for Nexnation's listing on Mesdaq back in 2004.To all effects and purposes TPY is the CEO and/or COO.GIL is also the vehicle for most of TPY's forays in Indon.

So the question that goes a begging is any transaction between GIL and/or Nexgram are Related party Transactions that TPY should NOT forget to mention.

The accounts for GIL be it at company or group should be very clear to TPY;he cannot be excused from making such elementary mistakes OR now he is laying blame on the auditor,CFO or accountant.So the statements to Bursa for one to be true the other has to be false.
That is a facepalm and contemptuous to Bursa.

When GIL makes such purchases or sales,are the monies equitably apportioned(51% cost and profits)

Those are questions shareholders should pose to TPY

hmmm ...why rant when I am assisting you???

DRwarrant: you are right FD would actually yield a better rate of return,whether taken from 2004 or 2014.

bye!!, gotta play wei chi with Kong Ming ......

Tey Por Yee and Ooi Kock Aun were also notorious for not paying their rentals, to the point that their landlords had to threaten legal action and resort to cutting off the utilities to get what was owed to them.

Worse off were their suppliers, of whom many had to suffer the bitterness of bankruptcy because tey and ooi refused to pay them their dues. Tragically, one of them even committed suicide because of bad debts, courtesy of Dato’ Tey Por Yee and Dato' Ooi Kock Aun.

This was not the only blood on his hands. He used a friend, Dedi Francis from Indonesia, to stand as a nominee for Tey and Ooi. When the loyal Dedi pressed for payment on company debts to incurred by Tey and Ooi's manipulative schemes, he was given the runaround. Time finally ran out for Dedi. Desperate, with his back to the wall and creditors all around him, Dedi almost took his own life but was able to be brought to hospital by his family on time.

LOL LOL LOL........Tey been dragging this counter since his trial is started.

Ooii....pumpkin, speaking of bribery:

Speaking of bribery, tey and ooi paid dirty lawyer to bribe indonesian police to bring charges against one of his nominee on ground of perjury. Idr 1billion went to a high rank officer and another idr 1billion goes to falsify forensics report to incriminate this nominee.

Despite paying off cops idr 2billion but tey and ooi efforts are in vain. In fact when this nominee lost his patient, he decided to make his counter attack and use the considerable resources, power and influences he have to teach tey and ooi a lesson of the danger in poking a sleeping lion. In fact, tey and ooi not only woken up the lion but the whole pride as well.

Not only tey and ooi's vicious attack is repelled, but inovisi, the once mighty stronghold of tey and ooi was destroyed to bits. It counter is suspended by indonesian sc; it office is raided by indonesian police and the public notary who made it possible for tey and ooi to establish many fictitious empty shell company is detained by the police. In the end, inovisi closed it business, and it management which all are tey and ooi's nominees went hiding into their rat hole LOL LOL LOL LOL

After the destruction of inovisi, jan adam tangkilisan and dedi francis contacted this former nominee to seek for truce and ask for a meeting. During the d-day, dedi francis who always bragged and acted like a hongkong triad chicken out and ran away from the scene when he saw the said nominee was protected by two indonesian special forces (kopassus). Jan adam followed suit after he was notified by dedi francis.

True story LOL LOL LOL LOL LOL....

At age seven, tey por hee was already showing signs of what he was destined to be: a thief and a liar. Ten sen, twenty sen, fifty sen…all would disappear “mysteriously” from his families drawers, savings and piggy banks. Later, bigger sums would go missing, from his father’s wallet to his mother’s purse. Tey would be placed at the scene of the crime but he always had an excuse or story to wriggle his way out of the situation.

For a while his parents believed him. Until he got caught red-handed one day. Then, his father had no choice but to punish him. If we hoped that would beat some sense and decency into him, we were sadly mistaken.

He took his bad habits with him to school. Already skilled at telling lies and manipulating people, he began cheating his classmates. The sums ranged from a few ringgit to hundreds of ringgit. The figures may seem small to some, but for a young schoolboy, the sum is enormous. As usual, his long-suffering father had to clear his debts and try to redress the damage done to his victims.

At age sixteen, Tey por yee had to audacity to go to his uncle’s house to borrow money. He said he needed RM2,000.00 because his father was sick and desperately needed the money for an operation. Believing his lies totally, the uncle gave it to him. His family never lived down the humiliation when the truth came out.

Since young, he has always been obsessed with money. Even when he had a lot of it, it was never enough. He wanted more and more. Never mind if it was obtained in a deceitful manner, just as long as he got what he wanted. It only goes to show that he is not only a pathological liar, but a pathological thief as well. With hundreds of millions already stashed away in private bank accounts, more than he can ever spend in ten lifetimes, he still remains greedy for more. So greedy that he is willing to lie, cheat and steal to achieve his end.

If the members of nexgram's special committee really are independent, then they will report back the following:

- pt star are owned by tey por yee and ooi kock aun.
- dedi francis used to work in pt star and report directly to tey por yee.
- gold dynamic are owned by tey por yee and ooi kock aun.
- dedi francis is a director at pt gold dynamic, the subsidiary of gold dynamic.
- dedi francis is a commisioner of pt anglo slavic utama.
- dedi francis is a nominee of tey por yee and ooi kock aun.

LOL LOL LOL

Holy crap on a craker...who in the right mind would transacted nexgram piece of rat waste so many before lunch time? LOL LOL LOL

http://www.thestar.com.my/business/business-news/2016/03/14/protasco-contract-to-maintain-federal-roads-extended-10-years/

While nexgram's project got cancel as fast as ooi's indon maid got undress, protasco's project keep coming and coming in LOL LOL LOL

In short:

- nexgram's is toast.

- tey por yee is losing money as fast as ooi kock aun losing his undies to his indon maid.

- ooi kock aun will regret the day he met tey por yee.

At age seven, tey por hee was already showing signs of what he was destined to be: a thief and a liar. Ten sen, twenty sen, fifty sen…all would disappear “mysteriously” from his families drawers, savings and piggy banks. Later, bigger sums would go missing, from his father’s wallet to his mother’s purse. Tey would be placed at the scene of the crime but he always had an excuse or story to wriggle his way out of the situation.

For a while his parents believed him. Until he got caught red-handed one day. Then, his father had no choice but to punish him. If we hoped that would beat some sense and decency into him, we were sadly mistaken.

He took his bad habits with him to school. Already skilled at telling lies and manipulating people, he began cheating his classmates. The sums ranged from a few ringgit to hundreds of ringgit. The figures may seem small to some, but for a young schoolboy, the sum is enormous. As usual, his long-suffering father had to clear his debts and try to redress the damage done to his victims.

At age sixteen, Tey por yee had to audacity to go to his uncle’s house to borrow money. He said he needed RM2,000.00 because his father was sick and desperately needed the money for an operation. Believing his lies totally, the uncle gave it to him. His family never lived down the humiliation when the truth came out.

Since young, he has always been obsessed with money. Even when he had a lot of it, it was never enough. He wanted more and more. Never mind if it was obtained in a deceitful manner, just as long as he got what he wanted. It only goes to show that he is not only a pathological liar, but a pathological thief as well. With hundreds of millions already stashed away in private bank accounts, more than he can ever spend in ten lifetimes, he still remains greedy for more. So greedy that he is willing to lie, cheat and steal to achieve his end.

LOL LOL LOL........Tey been dragging this counter since his trial is started.

Ooii....pumpkin, speaking of bribery:

Speaking of bribery, tey and ooi paid dirty lawyer to bribe indonesian police to bring charges against one of his nominee on ground of perjury. Idr 1billion went to a high rank officer and another idr 1billion goes to falsify forensics report to incriminate this nominee.

Despite paying off cops idr 2billion but tey and ooi efforts are in vain. In fact when this nominee lost his patient, he decided to make his counter attack and use the considerable resources, power and influences he have to teach tey and ooi a lesson of the danger in poking a sleeping lion. In fact, tey and ooi not only woken up the lion but the whole pride as well.

Not only tey and ooi's vicious attack is repelled, but inovisi, the once mighty stronghold of tey and ooi was destroyed to bits. It counter is suspended by indonesian sc; it office is raided by indonesian police and the public notary who made it possible for tey and ooi to establish many fictitious empty shell company is detained by the police. In the end, inovisi closed it business, and it managemen which all are tey and ooi's nominees went hiding into their rat hole LOL LOL LOL LOL

After the destruction of inovisi, jan adam tangkilisan and dedi francis contacted this former nominee to seek for truce and ask for a meeting. During the d-day, dedi francis who always bragged and acted like a hongkong triad chicken out and ran away from the scene when he saw the said nominee was protected by two indonesian special forces (kopassus). Jan adam followed suit after he was notified by dedi francis.

True story LOL LOL LOL LOL LOL....

Tey Por Yee and Ooi Kock Aun were also notorious for not paying their rentals, to the point that their landlords had to threaten legal action and resort to cutting off the utilities to get what was owed to them.

Worse off were their suppliers, of whom many had to suffer the bitterness of bankruptcy because tey and ooi refused to pay them their dues. Tragically, one of them even committed suicide because of bad debts, courtesy of Dato’ Tey Por Yee and Dato' Ooi Kock Aun.

This was not the only blood on his hands. He used a friend, Dedi Francis from Indonesia, to stand as a nominee for Tey and Ooi. When the loyal Dedi pressed for payment on company debts to incurred by Tey and Ooi's manipulative schemes, he was given the runaround. Time finally ran out for Dedi. Desperate, with his back to the wall and creditors all around him, Dedi almost took his own life but was able to be brought to hospital by his family on time.

joerakmo So much anger....how to achieve transcendental awareness and happiness?

Let me assist you in understanding Godynamic Investment Ltd- GIL a BVI (British Virgin Islands) an offshore company.

As rightly pointed out GIL is and has always been an integral part of Nexgram (51% owned) since inception and perhaps packaged in for Nexnation's listing on Mesdaq back in 2004.To all effects and purposes TPY is the CEO and/or COO.GIL is also the vehicle for most of TPY's forays in Indon.

So the question that goes a begging is any transaction between GIL and/or Nexgram are Related party Transactions that TPY should NOT forget to mention.

The accounts for GIL be it at company or group should be very clear to TPY;he cannot be excused from making such elementary mistakes OR now he is laying blame on the auditor,CFO or accountant.So the statements to Bursa for one to be true the other has to be false.
That is a facepalm and contemptuous to Bursa.

When GIL makes such purchases or sales,are the monies equitably apportioned(51% cost and profits)

Those are questions shareholders should pose to TPY

hmmm ...why rant when I am assisting you???

DRwarrant: you are right FD would actually yield a better rate of return,whether taken from 2004 or 2014.

bye!!, gotta play wei chi with Kong Ming ......P

By Meena Lakshana / theedgemarkets.com | March 15, 2016 : 4:05 PM MYT

KUALA LUMPUR (March 15): Nexgram Holdings Bhd confirmed today that its joint venture with Asdion Bhd with regard to a mixed development project has hit a snag, because the Sepang Municipal Council (MPS) has rejected the development order (DO) for the project.

To recap, Asdion had inked a joint venture agreement with Top Valley Properties Sdn Bhd on Feb 12, 2015 to participate in the development of the project known as Selangor Project.

Asdion paid RM6 million to Top Valley to be used solely towards settlement of the purchase consideration of the parcel of leasehold agricultural Malay reserve land, and will entitle the company to share expected economic benefits and profits arising from the development and sale of the Selangor Project with Top Valley.

On Dec 22 2014, Top Valley had entered into an off-take agreement with Nexgram Land Sdn Bhd and MyAngkasa Bina Sdn Bhd, whereby MyAngaksa would buy the project from Top Valley and Nexgram Land (as developer) for RM297.4 million.

In a filing with Bursa Malaysia today, Nexgram said it had received a letter from Top Valley on March 8, disclosing that MPS had rejected the DO.

"Nexgram Land was informed that in view of the failure in obtaining the DO on time, the landowner of the Selangor Project has terminated the sales and purchase agreement with Top Valley," the filig read.

"Top Valley is currently in the midst of exploring all possible viable options, including sourcing of an alternative suitable land, while continuing negotiation with the land owner for resubmission of the DO.

"The company will make the necessary announcement on further development of the matter, in due course," it added.

Yesterday, Asdion also announced via a filing to Bursa Malaysia that based on a letter received from Top Valley on March 8 as well, Top Valley is in the process of re-negotiating terms and timelines for new DO submission.

The Selangor Project, comprising three tower blocks with a total of 659 units of service apartments and 10 units of commercial and retails hops, was to be developed on a 2.154ha piece of agricultural leasehold Malay reserve land in Kg. Limau Manis, Dengkil in the Sepang district, with the lease period expiring on Feb 3, 2104.

Asdion had said it was venturing into the project as a means to diversify its earnings base and reduce its dependence on its existing business of software development, as well as information communication technology and related services.

The deal is a related party transaction, as Tey Por Yee is a common major shareholder of both Nexgram and Asdion (with direct interests of 11.52% and 22.01% respectively), while See Poh Yee is a common director of both companies.

http://www.theedgemarkets.com/my/article/nexgrams-confirms-jv-hits-snag-after-sepang-council-rejects-project-do

Lookie-lookie...another nexgram's shady deal was cancelled LOL LOL LOL

Tey Por Yee sells shares in Protasco



By Chester Tay / theedgemarkets.com | March 10

KUALA LUMPUR (March 10): Datuk Tey Por Yee has sold 0.9% stake or 3.01 million shares in Protasco Bhd, an infrastructure outfit in which he has embroiled into boardroom tussle against managing director Datuk Seri Ir Chong Ket Pen in late 2014.

In three filings with Bursa Malaysia today, Protasco announced Por Yee sold one million shares on Feb 18, followed by 10,000 shares on Feb 22, and two million shares on Feb 25, trimming his shareholding to 11.76%.

However, the transacted price was not disclosed.

Tey, 40, has been on a divestment spree lately, Practice Note 17 (PN17) company Malaysia Pacific Corp Bhd (MPCorp) yesterday (March 9) filed with the exchange to disclose he sold 650,000 shares on March 1 and March 2, and faded away from the substantial shareholder scene, with 14.35 million shares or 4.99% stake.

Tey emerged as a substantial shareholder in MPCorp in mid-July 2014, after his purchase of 15 million shares in the company, or a 5.21% stake.

Tey has also ceased to be a substantial shareholder in the company he had founded, i.e. Nexgram Holdings Bhd, after a series of disposal and transferring of shares to his younger brother, Tey Por Chen.

The divestment in Nexgram started on Feb 2, when Tey ceased to hold indirect interests due to his disposal of shares in Smart Tower Sdn Bhd, which held 160.06 million shares or 8.51% stake in the telecommunication software advisory service company.

According to subsequent Bursa Malaysia’s filings by Nexgram, Tey had on Feb 15, disposed of two million shares or 0.11% stake in the company, and has transferred a total of 197.62 million shares or about 10.50% stake to Tey Por Chen between Feb 16 and Feb 19 this year.

Subsequently on Feb 24, Tey sold 22.96% stake or 30.6 million shares in Ire-Tex Corp Bhd, a corrugated packaging services provider, to Por Chen, and he ceased as substantial shareholder.

Based on Ire-Tex’s 2014 annual report, Tey owns 32.52 million shares or 24.67% stake, ranking him as the single largest shareholder as at April 30, 2015.

In September last year, he sold 1.9 million shares, tuning down his stake at 23.16% or 30.62 million shares.

Meanwhile, Tey had on Feb 25 this year, sold his entire 21.34% stake or 24.82 million shares in Asdion Bhd to Por Chen, through an off market transaction, but the transacted price was not disclosed either.

Tey Por Yee and Ooi Kock Aun were also notorious for not paying their rentals, to the point that their landlords had to threaten legal action and resort to cutting off the utilities to get what was owed to them.

Worse off were their suppliers, of whom many had to suffer the bitterness of bankruptcy because tey and ooi refused to pay them their dues. Tragically, one of them even committed suicide because of bad debts, courtesy of Dato’ Tey Por Yee and Dato' Ooi Kock Aun.

This was not the only blood on his hands. He used a friend, Dedi Francis from Indonesia, to stand as a nominee for Tey and Ooi. When the loyal Dedi pressed for payment on company debts to incurred by Tey and Ooi's manipulative schemes, he was given the runaround. Time finally ran out for Dedi. Desperate, with his back to the wall and creditors all around him, Dedi almost took his own life but was able to be brought to hospital by his family on time.

LOL LOL LOL........Tey been dragging this counter since his trial is started.

Ooii....pumpkin, speaking of bribery:

Speaking of bribery, tey and ooi paid dirty lawyer to bribe indonesian police to bring charges against one of his nominee on ground of perjury. Idr 1billion went to a high rank officer and another idr 1billion goes to falsify forensics report to incriminate this nominee.

Despite paying off cops idr 2billion but tey and ooi efforts are in vain. In fact when this nominee lost his patient, he decided to make his counter attack and use the considerable resources, power and influences he have to teach tey and ooi a lesson of the danger in poking a sleeping lion. In fact, tey and ooi not only woken up the lion but the whole pride as well.

Not only tey and ooi's vicious attack is repelled, but inovisi, the once mighty stronghold of tey and ooi was destroyed to bits. It counter is suspended by indonesian sc; it office is raided by indonesian police and the public notary who made it possible for tey and ooi to establish many fictitious empty shell company is detained by the police. In the end, inovisi closed it business, and it managemen which all are tey and ooi's nominees went hiding into their rat hole LOL LOL LOL LOL

After the destruction of inovisi, jan adam tangkilisan and dedi francis contacted this former nominee to seek for truce and ask for a meeting. During the d-day, dedi francis who always bragged and acted like a hongkong triad chicken out and ran away from the scene when he saw the said nominee was protected by two indonesian special forces (kopassus). Jan adam followed suit after he was notified by dedi francis.

True story LOL LOL LOL LOL LOL....

At age seven, tey por hee was already showing signs of what he was destined to be: a thief and a liar. Ten sen, twenty sen, fifty sen…all would disappear “mysteriously” from his families drawers, savings and piggy banks. Later, bigger sums would go missing, from his father’s wallet to his mother’s purse. Tey would be placed at the scene of the crime but he always had an excuse or story to wriggle his way out of the situation.

For a while his parents believed him. Until he got caught red-handed one day. Then, his father had no choice but to punish him. If we hoped that would beat some sense and decency into him, we were sadly mistaken.

He took his bad habits with him to school. Already skilled at telling lies and manipulating people, he began cheating his classmates. The sums ranged from a few ringgit to hundreds of ringgit. The figures may seem small to some, but for a young schoolboy, the sum is enormous. As usual, his long-suffering father had to clear his debts and try to redress the damage done to his victims.

At age sixteen, Tey por yee had to audacity to go to his uncle’s house to borrow money. He said he needed RM2,000.00 because his father was sick and desperately needed the money for an operation. Believing his lies totally, the uncle gave it to him. His family never lived down the humiliation when the truth came out.

Since young, he has always been obsessed with money. Even when he had a lot of it, it was never enough. He wanted more and more. Never mind if it was obtained in a deceitful manner, just as long as he got what he wanted. It only goes to show that he is not only a pathological liar, but a pathological thief as well. With hundreds of millions already stashed away in private bank accounts, more than he can ever spend in ten lifetimes, he still remains greedy for more. So greedy that he is willing to lie, cheat and steal to achieve his end.

In 2013 Tey is in the top of his game. By 2016 he is forced to liquidate his assets because the government freezed his accounts LOL LOL LOL

At age seven, tey por hee was already showing signs of what he was destined to be: a thief and a liar. Ten sen, twenty sen, fifty sen…all would disappear “mysteriously” from his families drawers, savings and piggy banks. Later, bigger sums would go missing, from his father’s wallet to his mother’s purse. Tey would be placed at the scene of the crime but he always had an excuse or story to wriggle his way out of the situation.

For a while his parents believed him. Until he got caught red-handed one day. Then, his father had no choice but to punish him. If we hoped that would beat some sense and decency into him, we were sadly mistaken.

He took his bad habits with him to school. Already skilled at telling lies and manipulating people, he began cheating his classmates. The sums ranged from a few ringgit to hundreds of ringgit. The figures may seem small to some, but for a young schoolboy, the sum is enormous. As usual, his long-suffering father had to clear his debts and try to redress the damage done to his victims.

At age sixteen, Tey por yee had to audacity to go to his uncle’s house to borrow money. He said he needed RM2,000.00 because his father was sick and desperately needed the money for an operation. Believing his lies totally, the uncle gave it to him. His family never lived down the humiliation when the truth came out.

Since young, he has always been obsessed with money. Even when he had a lot of it, it was never enough. He wanted more and more. Never mind if it was obtained in a deceitful manner, just as long as he got what he wanted. It only goes to show that he is not only a pathological liar, but a pathological thief as well. With hundreds of millions already stashed away in private bank accounts, more than he can ever spend in ten lifetimes, he still remains greedy for more. So greedy that he is willing to lie, cheat and steal to achieve his end.

LOL LOL LOL........Tey been dragging this counter since his trial is started.

Ooii....pumpkin, speaking of bribery:

Speaking of bribery, tey and ooi paid dirty lawyer to bribe indonesian police to bring charges against one of his nominee on ground of perjury. Idr 1billion went to a high rank officer and another idr 1billion goes to falsify forensics report to incriminate this nominee.

Despite paying off cops idr 2billion but tey and ooi efforts are in vain. In fact when this nominee lost his patient, he decided to make his counter attack and use the considerable resources, power and influences he have to teach tey and ooi a lesson of the danger in poking a sleeping lion. In fact, tey and ooi not only woken up the lion but the whole pride as well.

Not only tey and ooi's vicious attack is repelled, but inovisi, the once mighty stronghold of tey and ooi was destroyed to bits. It counter is suspended by indonesian sc; it office is raided by indonesian police and the public notary who made it possible for tey and ooi to establish many fictitious empty shell company is detained by the police. In the end, inovisi closed it business, and it managemen which all are tey and ooi's nominees went hiding into their rat hole LOL LOL LOL LOL

After the destruction of inovisi, jan adam tangkilisan and dedi francis contacted this former nominee to seek for truce and ask for a meeting. During the d-day, dedi francis who always bragged and acted like a hongkong triad chicken out and ran away from the scene when he saw the said nominee was protected by two indonesian special forces (kopassus). Jan adam followed suit after he was notified by dedi francis.

True story LOL LOL LOL LOL LOL....

Tey Por Yee and Ooi Kock Aun were also notorious for not paying their rentals, to the point that their landlords had to threaten legal action and resort to cutting off the utilities to get what was owed to them.

Worse off were their suppliers, of whom many had to suffer the bitterness of bankruptcy because tey and ooi refused to pay them their dues. Tragically, one of them even committed suicide because of bad debts, courtesy of Dato’ Tey Por Yee and Dato' Ooi Kock Aun.

This was not the only blood on his hands. He used a friend, Dedi Francis from Indonesia, to stand as a nominee for Tey and Ooi. When the loyal Dedi pressed for payment on company debts to incurred by Tey and Ooi's manipulative schemes, he was given the runaround. Time finally ran out for Dedi. Desperate, with his back to the wall and creditors all around him, Dedi almost took his own life but was able to be brought to hospital by his family on time.

Tey Por Yee goes bankrupt since his assets and bank accounts were freezed by authorities, so he start to sell his stakes in numerous companies LOL LOL LOL

KUALA LUMPUR (March 9): Datuk Tey Por Yee is no longer a substantial shareholder in Practice Note 17 company Malaysia Pacific Corp Bhd (MPCorp), with the disposal of 650,000 shares in the company.

In a filing to Bursa Malaysia today, MPCorp announced that Tey, 40, had sold 447,000 shares on March 1 and subsequently 203,000 shares on the next day. His total shareholdings in the company shrunk to 14.35 million shares, or a 4.99% stake.

Tey emerged as a substantial shareholder in MPCorp in mid-July 2014 after his purchase of 15 million shares in the company, or a 5.21% stake.

Recently, Tey has been on a divestment spree. Apart from MPCorp, he has sold shares in several companies, namely Nexgram Holdings Bhd, Asdion Bhd and Ire-Tex Corp Bhd.

MPCorp's share price closed unchanged at 18.5 sen today, with a market capitalisation of RM53.22 million.

Looks like tey trying to hide his assets should the court finds him guilty LOL LOL LOL...

KUALA LUMPUR: Businessman Datuk Tey Por Yee has sold his entire 24.82% shareholding in Asdion Bhd through off-market trade, while transferring his shareholding in Ire-Tex Corp Bhd to his younger brother Por Chen.

In a filing with Bursa Malaysia, Asdion said Por Yee made the disposal of the 24.82 million shares in the company in an off-market transaction on Feb 25, but did not disclose the transacted price.

Last Friday, The Edge Financial Daily reported that Asdion saw the same number of shares traded off market at 27 sen, a sharp discount of 38.64% over the then-closing price of 44 sen.

In a separate filing yesterday, Ire-Tex disclosed that Por Chen emerged as a substantial shareholder through an off-market acquisition of 30.6 million shares, equivalent to a 22.96% stake, in the corrugated packaging services provider on Feb 24 as well.

Por Yee, 40, was formerly the non-executive director of construction and property group Protasco Bhd. On Jan 16, he claimed trial at the Ampang Sessions Court to two charges of cheating and perjury involving RM68 million.

One "old story"

So tey and ooi got a beef with a powerful malay politician. And at the same time tey and ooi treated their employee badly....so one time the security employed by tey and ooi was contacted by the people of this politician who were seeking dirt on tey and ooi. Coincidentally the security know the exact time and date of the next money withdrawal of tey and ooi's company, so he notifying this to tey and ooi's enemy which then robbed tey and ooi's money in broad day light LOL LOL LOL LOL

Tey and ooi failed to realize the dire of their situation. At the time being, a group of shady individuals are watching their every move including their wives and childrens LOL LOL LOL

Wednesday, 3 February 2016 | MYT 8:14 PM
Former company director claims trial in cheating case involving RM80mil

BY MAIZATUL NAZLINA

KUALA LUMPUR: A former company director has been charged in the Sessions Court here with cheating the board of directors, making a false declaration and criminal breach of trust involving more than RM80mil.

Datuk Ooi Kock Aun, 49, was accused of cheating Protasco Bhd’s board of directors and its officers by withholding information that he had had direct involvement with PT Anglo Slavic Utama, a company incorporated in Indonesia.

His action resulted in Protasco entering in an investment agreement on oil and gas in Indonesia via the purchase of 63% of PT Anglo Slavic Indonesia valued at US$22mil (RM68,393,170) with PT Anglo Slavic Utama.

The payment for the purchase was made in stages into two bank accounts.

The offence, under Section 420 of the Penal Code for cheating, was allegedly committed at Protasco’s office at Level 2, Corporate Building Unipark Suria, Jalan Ikram-Uniten, Kajang, between November 2012 and Jan 30, 2014.

Ooi, who is now a businessman, faces a second charge of making a false declaration to the Commissioner for Oaths that he did not have any ties with PT Anglo Slavic Utama, its directors or shareholders when he knew that he indeed had an interest in the company.

The offence allegedly took place at Wern Li Morsingh commissioner for oaths office at Fraser Business Park in Jalan Metro Pudu, off Jalan Yew, on July 25, 2014.

The third charge reads that Ooi committed CBT involving PT Anglo Slavic property worth RM16,250,000 at CIMB Islamic Bank Bhd in Menara Southern Bank in Plaza Damansara, Bukit Damansara, on Feb 4, 2014.

Ooi claimed trial to the charges before Sessions judge Suraiya Mustafa Kamal.

DPP Nurshuhaida Zainal Azahar offered bail at RM1mil in one surety for all charges.

She also urged the court to impound Ooi’s passport and prevent him from approaching all prosecution witnesses.

Ooi’s counsel Edmund Bon, in asking for a lower bail, said his client had cooperated with police throughout the investigation.

He said Ooi had a wife and four children and he was a respected individual in the accounting field.

Suraiya fixed bail at RM1mil in one surety for all charges and ordered Ooi to surrender his passport and prohibited him from approaching prosecution witnesses.

The court fixed Feb 26 for mention.

Nexgram is going down...

Time to cut loss LOL LOL LOL

One "old story"

So tey and ooi got a beef with a powerful malay politician. And at the same time tey and ooi treated their employee badly....so one time the security employed by tey and ooi was contacted by the people of this politician who were seeking dirt on tey and ooi. Coincidentally the security know the exact time and date of the next money withdrawal of tey and ooi's company, so he notifying this to tey and ooi's enemy which then robbed tey and ooi's money in broad day light LOL LOL LOL LOL

Tey and ooi failed to realize the dire of their situation. At the time being, a group of shady individuals are watching their every move including their wives and childrens LOL LOL LOL

Looks like tey trying to hide his assets should the court finds him guilty LOL LOL LOL...

KUALA LUMPUR: Businessman Datuk Tey Por Yee has sold his entire 24.82% shareholding in Asdion Bhd through off-market trade, while transferring his shareholding in Ire-Tex Corp Bhd to his younger brother Por Chen.

In a filing with Bursa Malaysia, Asdion said Por Yee made the disposal of the 24.82 million shares in the company in an off-market transaction on Feb 25, but did not disclose the transacted price.

Last Friday, The Edge Financial Daily reported that Asdion saw the same number of shares traded off market at 27 sen, a sharp discount of 38.64% over the then-closing price of 44 sen.

In a separate filing yesterday, Ire-Tex disclosed that Por Chen emerged as a substantial shareholder through an off-market acquisition of 30.6 million shares, equivalent to a 22.96% stake, in the corrugated packaging services provider on Feb 24 as well.

Por Yee, 40, was formerly the non-executive director of construction and property group Protasco Bhd. On Jan 16, he claimed trial at the Ampang Sessions Court to two charges of cheating and perjury involving RM68 million.

At age seven, tey por hee was already showing signs of what he was destined to be: a thief and a liar. Ten sen, twenty sen, fifty sen…all would disappear “mysteriously” from his families drawers, savings and piggy banks. Later, bigger sums would go missing, from his father’s wallet to his mother’s purse. Tey would be placed at the scene of the crime but he always had an excuse or story to wriggle his way out of the situation.

For a while his parents believed him. Until he got caught red-handed one day. Then, his father had no choice but to punish him. If we hoped that would beat some sense and decency into him, we were sadly mistaken.

He took his bad habits with him to school. Already skilled at telling lies and manipulating people, he began cheating his classmates. The sums ranged from a few ringgit to hundreds of ringgit. The figures may seem small to some, but for a young schoolboy, the sum is enormous. As usual, his long-suffering father had to clear his debts and try to redress the damage done to his victims.

At age sixteen, Tey por yee had to audacity to go to his uncle’s house to borrow money. He said he needed RM2,000.00 because his father was sick and desperately needed the money for an operation. Believing his lies totally, the uncle gave it to him. His family never lived down the humiliation when the truth came out.

Since young, he has always been obsessed with money. Even when he had a lot of it, it was never enough. He wanted more and more. Never mind if it was obtained in a deceitful manner, just as long as he got what he wanted. It only goes to show that he is not only a pathological liar, but a pathological thief as well. With hundreds of millions already stashed away in private bank accounts, more than he can ever spend in ten lifetimes, he still remains greedy for more. So greedy that he is willing to lie, cheat and steal to achieve his end.

TeyPuki Tey Por Yee and Ooi Kock Aun were also notorious for not paying their rentals, to the point that their landlords had to threaten legal action and resort to cutting off the utilities to get what was owed to them.

Worse off were their suppliers, of whom many had to suffer the bitterness of bankruptcy because tey and ooi refused to pay them their dues. Tragically, one of them even committed suicide because of bad debts, courtesy of Dato’ Tey Por Yee and Dato' Ooi Kock Aun.

This was not the only blood on his hands. He used a friend, Dedi Francis from Indonesia, to stand as a nominee for Tey and Ooi. When the loyal Dedi pressed for payment on company debts to incurred by Tey and Ooi's manipulative schemes, he was given the runaround. Time finally ran out for Dedi. Desperate, with his back to the wall and creditors all around him, Dedi almost took his own life but was able to be brought to hospital by his family on time.

Tey Por Yee and Ooi Kock Aun were also notorious for not paying their rentals, to the point that their landlords had to threaten legal action and resort to cutting off the utilities to get what was owed to them.

Worse off were their suppliers, of whom many had to suffer the bitterness of bankruptcy because tey and ooi refused to pay them their dues. Tragically, one of them even committed suicide because of bad debts, courtesy of Dato’ Tey Por Yee and Dato' Ooi Kock Aun.

This was not the only blood on his hands. He used a friend, Dedi Francis from Indonesia, to stand as a nominee for Tey and Ooi. When the loyal Dedi pressed for payment on company debts to incurred by Tey and Ooi's manipulative schemes, he was given the runaround. Time finally ran out for Dedi. Desperate, with his back to the wall and creditors all around him, Dedi almost took his own life but was able to be brought to hospital by his family on time.

At age seven, tey por hee was already showing signs of what he was destined to be: a thief and a liar. Ten sen, twenty sen, fifty sen…all would disappear “mysteriously” from his families drawers, savings and piggy banks. Later, bigger sums would go missing, from his father’s wallet to his mother’s purse. Tey would be placed at the scene of the crime but he always had an excuse or story to wriggle his way out of the situation.

For a while his parents believed him. Until he got caught red-handed one day. Then, his father had no choice but to punish him. If we hoped that would beat some sense and decency into him, we were sadly mistaken.

He took his bad habits with him to school. Already skilled at telling lies and manipulating people, he began cheating his classmates. The sums ranged from a few ringgit to hundreds of ringgit. The figures may seem small to some, but for a young schoolboy, the sum is enormous. As usual, his long-suffering father had to clear his debts and try to redress the damage done to his victims.

At age sixteen, Tey por yee had to audacity to go to his uncle’s house to borrow money. He said he needed RM2,000.00 because his father was sick and desperately needed the money for an operation. Believing his lies totally, the uncle gave it to him. His family never lived down the humiliation when the truth came out.

Since young, he has always been obsessed with money. Even when he had a lot of it, it was never enough. He wanted more and more. Never mind if it was obtained in a deceitful manner, just as long as he got what he wanted. It only goes to show that he is not only a pathological liar, but a pathological thief as well. With hundreds of millions already stashed away in private bank accounts, more than he can ever spend in ten lifetimes, he still remains greedy for more. So greedy that he is willing to lie, cheat and steal to achieve his end.

Nexgram is falling down LOL LOL LOL

Nobody can predict the future, but nexgram's doomed is a matter of certainty. It's like if someday tey por yee is diagnosed with brain cancer. We cannot predict when tey will meet his maker but we know for sure that his death is imminent and in a not so distant future.

Looks like tey trying to hide his assets should the court finds him guilty LOL LOL LOL...



KUALA LUMPUR: Businessman Datuk Tey Por Yee has sold his entire 24.82% shareholding in Asdion Bhd through off-market trade, while transferring his shareholding in Ire-Tex Corp Bhd to his younger brother Por Chen.

In a filing with Bursa Malaysia, Asdion said Por Yee made the disposal of the 24.82 million shares in the company in an off-market transaction on Feb 25, but did not disclose the transacted price.

Last Friday, The Edge Financial Daily reported that Asdion saw the same number of shares traded off market at 27 sen, a sharp discount of 38.64% over the then-closing price of 44 sen.

In a separate filing yesterday, Ire-Tex disclosed that Por Chen emerged as a substantial shareholder through an off-market acquisition of 30.6 million shares, equivalent to a 22.96% stake, in the corrugated packaging services provider on Feb 24 as well.

Por Yee, 40, was formerly the non-executive director of construction and property group Protasco Bhd. On Jan 16, he claimed trial at the Ampang Sessions Court to two charges of cheating and perjury involving RM68 million.

LOL LOL LOL........Tey been dragging this counter since his trial is started.

Ooii....pumpkin, speaking of bribery:

Speaking of bribery, tey and ooi paid dirty lawyer to bribe indonesian police to bring charges against one of his nominee on ground of perjury. Idr 1billion went to a high rank officer and another idr 1billion goes to falsify forensics report to incriminate this nominee.

Despite paying off cops idr 2billion but tey and ooi efforts are in vain. In fact when this nominee lost his patient, he decided to make his counter attack and use the considerable resources, power and influences he have to teach tey and ooi a lesson of the danger in poking a sleeping lion. In fact, tey and ooi not only woken up the lion but the whole pride as well.

Not only tey and ooi's vicious attack is repelled, but inovisi, the once mighty stronghold of tey and ooi was destroyed to bits. It counter is suspended by indonesian sc; it office is raided by indonesian police and the public notary who made it possible for tey and ooi to establish many fictitious empty shell company is detained by the police. In the end, inovisi closed it business, and it managemen which all are tey and ooi's nominees went hiding into their rat hole LOL LOL LOL LOL

After the destruction of inovisi, jan adam tangkilisan and dedi francis contacted this former nominee to seek for truce and ask for a meeting. During the d-day, dedi francis who always bragged and acted like a hongkong triad chicken out and ran away from the scene when he saw the said nominee was protected by two indonesian special forces (kopassus). Jan adam followed suit after he was notified by dedi francis.

True story LOL LOL LOL LOL LOL....

LOL LOL LOL......looks like for what ever reason, Tey is keeping this counter at 0,065 cents LOL

Yo, nr5799, please define "constructive contribution," LOL LOL LOL...

As Kishin correctly put it, this is an investment forum...so everything that may or may not contribute to one willingness to invest in a company is legitimate...In this case I have made countless case of the reason nexgram don't deserve your money or your investment LOL LOL LOL...

Summary: in 2014, tey por yee is in the height of his career. Then karma kick in and his past crime caught up with him and he was kick out from nexgram, wintoni, ire-tex, asdion, protasco, mpcorp etc....if i were tey, i will definitely kill myself for bringing shame to the tey family. LOL LOL

Tey and ooi should make decision on which is more important, the money siphoned and embezzled from their victims or their families? The future of their children is in their hands.

One of these days, tey and ooi's may found themselves some unwelcome response from the business circle. And the "put bulls" that were made into enemies by tey and ooi who waits patiently like scarvengers may likely decide to pounce and get physical. Seriously, if tey and ooi want to save themselves or their families from being beaten up, they better start settling their issues with their enemies one by one.

One "old story"

So tey and ooi got a beef with a powerful malay politician. And at the same time tey and ooi treated their employee badly....so one time the security employed by tey and ooi was contacted by the people of this politician who were seeking dirt on tey and ooi. Coincidentally the security know the exact time and date of the next money withdrawal of tey and ooi's company, so he notifying this to tey and ooi's enemy which then robbed tey and ooi's money in broad day light LOL LOL LOL LOL

Tey and ooi failed to realize the dire of their situation. At the time being, a group of shady individuals are watching their every move including their wives and childrens LOL LOL LOL

Do you know how tey and ooi got their datukship?

It started with they approached this younger brother of a sultan to invest in their project which guaranteed so and so dollar. As a gesture of good faith, the brother of sultan was persuaded by tey and ooi to ask his brother to grant tey and ooi with datukship.

But then the younger brother realized that the projects proposal from tey and ooi will never came to fruition, so now he sued tey and ooi LOL LOL LOL

Well, i hate to ruin your fun, but the one who were being investigated for money laundrying in five jurisdiction (china, hong kong, singapore, malaysia, indonesia and america) are dato larry tey por yee and dato ooi kock aun LOL LOL LOL LOL

They made so many powerful enemies, i really don't think they could settle them all in their life time LOL LO LOL