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 yee 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.

Lookie, lookie....ooi kock aun was handcuffed. I have to compliment him. At least he did not hide his face like tey por yee LOL LOL LPL

http://www.hmetro.com.my/node/112179

https://m.youtube.com/watch?v=MFukVxP8Nks

Now, let wait if anyone here could get me picture or video of the chongs and handcuff LOL LOL LOL LOL

Anyone with a half of brain also know tey and ooi's companies are their alter ego mah...are you brain dead or what? LOL LOL LOL

Do you know how tey and ooi got their datukship?

It started with they approaching 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, because well, it all shams, so now he sued tey and ooi LOL LOL LOL

Tey Por Yee and Ooi Kock Aun should be wise to remember the warning from the damansara's heist conveyed to tey and ooi's employees: "tell your boss to not mess with us."

To quote Tyrion Lannister's advice to Joffrey Baratheon (aka the personification of Tey Por Yee if he is a charather in a show about tits and dragons): "Some of Tey and ooi's enemies are dangerous and just now shady businessman are dying like flies."

http://m.themalaymailonline.com/malaysia/article/man-turns-himself-in-over-murder-of-malaysian-businessman-in-hatyai

LOL LOL LOL

Saturday, 16 January 2016
Businessman claims trial to charges of cheating and Perjury

KUALA LUMPUR: A businessman claimed trial at the Ampang Sessions Court to two charges of cheating and perjury involving RM68mil.

Datuk Tey Por Yee (pic), 40, is also a former non-executive director of construction and property group Protasco Bhd.

He pleaded not guilty to inducing the board members of Protasco between November 2012 and Jan 30, 2014, to agree to the US$22mil (RM68mil then) acquisition of PT Anglo Slavic Utama Indonesia, an oil-and-gas firm in which he had undisclosed vested interest.

He also pleaded not guilty to committing perjury by making a false statutory declaration that he had no interest in the Indonesia-based company on July 25, 2014.

He allegedly committed the offences at Protasco, on the second floor of Corporate Building Unipark Sri, Jalan Ikram-Uniten in Kajang.

Deputy public prosecutor Datin Nurshu­hai­da Zainal Azahar proposed bail at RM5mil with one surety for both charges and have the accused’s passport surrendered due to the huge sum involved.

She also argued that an affidavit had been filed against Tey at Kuala Lumpur High Court for the tampering of one of the prosecution’s key witnesses in Protasco suit vs PT Anglo Slavic Utama.

In asking for a lower bail, Tey’s counsel Datuk K. Kumaraendran argued that his client had filed a defence against the allegations and that no police reports had been lodged on the alleged tampering of witnesses.

He also said that Tey was settled in Kuala Lumpur as he owns a house here, and is married with three children, with the eldest child still attending primary school.

Sessions Court judge Rushan Lutfi Mohamed then set bail at RM1mil in two sureties for both charges and ordered that his passport be surrendered to the court.
KUALA LUMPUR: A businessman claimed trial at the Ampang Sessions Court to two charges of cheating and perjury involving RM68mil.

Datuk Tey Por Yee (pic), 40, is also a former non-executive director of construction and property group Protasco Bhd.

He pleaded not guilty to inducing the board members of Protasco between November 2012 and Jan 30, 2014, to agree to the US$22mil (RM68mil then) acquisition of PT Anglo Slavic Utama Indonesia, an oil-and-gas firm in which he had undisclosed vested interest.

He also pleaded not guilty to committing perjury by making a false statutory declaration that he had no interest in the Indonesia-based company on July 25, 2014.

He allegedly committed the offences at Protasco, on the second floor of Corporate Building Unipark Sri, Jalan Ikram-Uniten in Kajang.

Deputy public prosecutor Datin Nurshu­hai­da Zainal Azahar proposed bail at RM5mil with one surety for both charges and have the accused’s passport surrendered due to the huge sum involved.

She also argued that an affidavit had been filed against Tey at Kuala Lumpur High Court for the tampering of one of the prosecution’s key witnesses in Protasco suit vs PT Anglo Slavic Utama.

In asking for a lower bail, Tey’s counsel Datuk K. Kumaraendran argued that his client had filed a defence against the allegations and that no police reports had been lodged on the alleged tampering of witnesses.

He also said that Tey was settled in Kuala Lumpur as he owns a house here, and is married with three children, with the eldest child still attending primary school.

Sessions Court judge Rushan Lutfi Mohamed then set bail at RM1mil in two sureties for both charges and ordered that his passport be surrendered to the court.

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

- pt star 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 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

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 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.

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 yee 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.

Lookie, lookie....ooi kock aun was handcuffed. I have to compliment him. At least he did not hide his face like tey por yee LOL LOL LPL

http://www.hmetro.com.my/node/112179

https://m.youtube.com/watch?v=MFukVxP8Nks

Now, let wait if anyone here could get me picture or video of the chongs and handcuff LOL LOL LOL LOL

Anyone with a half of brain also know tey and ooi's companies are their alter ego mah...are you brain dead or what? LOL LOL LOL

Tey Por Yee and Ooi Kock Aun should be wise to remember the warning from the damansara's heist conveyed to tey and ooi's employees: "tell your boss to not mess with us."

To quote Tyrion Lannister's advice to Joffrey Baratheon (aka the personification of Tey Por Yee if he is a charather in a show about tits and dragons): "Some of Tey and ooi's enemies are dangerous and just now shady businessman are dying like flies."

http://m.themalaymailonline.com/malaysia/article/man-turns-himself-in-over-murder-of-malaysian-businessman-in-hatyai

LOL LOL LOL

Businessman claims trial to charges of cheating and Perjury

KUALA LUMPUR: A businessman claimed trial at the Ampang Sessions Court to two charges of cheating and perjury involving RM68mil.

Datuk Tey Por Yee (pic), 40, is also a former non-executive director of construction and property group Protasco Bhd.

He pleaded not guilty to inducing the board members of Protasco between November 2012 and Jan 30, 2014, to agree to the US$22mil (RM68mil then) acquisition of PT Anglo Slavic Utama Indonesia, an oil-and-gas firm in which he had undisclosed vested interest.

He also pleaded not guilty to committing perjury by making a false statutory declaration that he had no interest in the Indonesia-based company on July 25, 2014.

He allegedly committed the offences at Protasco, on the second floor of Corporate Building Unipark Sri, Jalan Ikram-Uniten in Kajang.

Deputy public prosecutor Datin Nurshu­hai­da Zainal Azahar proposed bail at RM5mil with one surety for both charges and have the accused’s passport surrendered due to the huge sum involved.

She also argued that an affidavit had been filed against Tey at Kuala Lumpur High Court for the tampering of one of the prosecution’s key witnesses in Protasco suit vs PT Anglo Slavic Utama.

In asking for a lower bail, Tey’s counsel Datuk K. Kumaraendran argued that his client had filed a defence against the allegations and that no police reports had been lodged on the alleged tampering of witnesses.

He also said that Tey was settled in Kuala Lumpur as he owns a house here, and is married with three children, with the eldest child still attending primary school.

Sessions Court judge Rushan Lutfi Mohamed then set bail at RM1mil in two sureties for both charges and ordered that his passport be surrendered to the court.
KUALA LUMPUR: A businessman claimed trial at the Ampang Sessions Court to two charges of cheating and perjury involving RM68mil.

Datuk Tey Por Yee (pic), 40, is also a former non-executive director of construction and property group Protasco Bhd.

He pleaded not guilty to inducing the board members of Protasco between November 2012 and Jan 30, 2014, to agree to the US$22mil (RM68mil then) acquisition of PT Anglo Slavic Utama Indonesia, an oil-and-gas firm in which he had undisclosed vested interest.

He also pleaded not guilty to committing perjury by making a false statutory declaration that he had no interest in the Indonesia-based company on July 25, 2014.

He allegedly committed the offences at Protasco, on the second floor of Corporate Building Unipark Sri, Jalan Ikram-Uniten in Kajang.

Deputy public prosecutor Datin Nurshu­hai­da Zainal Azahar proposed bail at RM5mil with one surety for both charges and have the accused’s passport surrendered due to the huge sum involved.

She also argued that an affidavit had been filed against Tey at Kuala Lumpur High Court for the tampering of one of the prosecution’s key witnesses in Protasco suit vs PT Anglo Slavic Utama.

In asking for a lower bail, Tey’s counsel Datuk K. Kumaraendran argued that his client had filed a defence against the allegations and that no police reports had been lodged on the alleged tampering of witnesses.

He also said that Tey was settled in Kuala Lumpur as he owns a house here, and is married with three children, with the eldest child still attending primary school.

Sessions Court judge Rushan Lutfi Mohamed then set bail at RM1mil in two sureties for both charges and ordered that his passport be surrendered to the court.

Even tey and ooi knows the "investment company," in the phileo-damansara heist was nexgram LOL LOL LOL....to add insult to injury, the heist only occurred because the robber cum enemies of tey and ooi got tipped by nexgram's own security officer LOL LOL LOL

Many employee of Tey and ooi has had betrayed them that when it comes for tey to hide his assets from being confescated by malaysian authorities, tey had nobody to turn around but his brother tey por chen as evident from the facts that he been disposing the shares of nexgram, asdion, protasco, etc to por chen instead of his nominees or companies run by his nominees, as per tey and ooi usual moda operanda.

Tey and ooi got so many beef with people across asean countries that they could open their own non-cosher meat shop 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 ......

Nexgram 4cent, nexgram 4cent 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 ......

Let me put it into context that some of you may understand.

TPY and OKA dug a hole in Indon and sold the soil and filled it with shit.!

Tried to dig a hole in Protasco and fill it with Indon shit! but was stopped.

Then dug some more holes hoping to fill the first one, but could not resist skimming soil off and replacing with shit.

And there you have it,so many shit holes that will be their graves; which also explains the profanities from the 'ma chai'

Repeating the same thing and hoping for better result....Haha...insanity

Me! just putting up warning signs about shitholes....remove it and the karma be yours!

Survival 101: when drowning;keep calm and dont scream so loud nor cuss the bystanders,more than enough people willing to throw you a lifejacket..............made of cement!


WAKAKAKAKA

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 yee 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.

Lookie, lookie....ooi kock aun was handcuffed. I have to compliment him. At least he did not hide his face like tey por yee LOL LOL LPL

http://www.hmetro.com.my/node/112179

https://m.youtube.com/watch?v=MFukVxP8Nks

Now, let wait if anyone here could get me picture or video of the chongs and handcuff LOL LOL LOL LOL

Anyone with a half of brain also know tey and ooi's companies are their alter ego mah...are you brain dead or what? LOL LOL LOL

Hey,

Thanks for the support. However, this is a particularly special case. A case of two men obsessed with image and with no moral foundation. Two men who pushed fake press releases to create a grandiose image, who spent money they didn't have to maintain this image, who made terrible decisions and lost a ton of money, then lied, deceived, and commited fraudulent activities to maintain their image, while driving their affiliate network into the ground. Tey and Ooi have been sued multiple times, and even brag about some of their scams, saying how they made more money than they were sued for. They were even quoted to say they're not making money unless they're being sued. One word: karma.

I have no interest in fully exposing these two clowns, but if that's what has to be done for us to receive my money, so be it. Let them deal with the consequences of screwing over thousands of affiliates for millions of dollars.

----

LOL LOL LOL

Hello,

This year Tatto Media manage to cheat my company out of a very large sum of money, and after being promised my money countless times I was never paid a dime. It wasn't just me who was cheated out of money, however; for a period of months, nearly all their affiliates had their payments withheld for absolutely no apparent reason, under orders by Larry Tey and Adrian Ooi, Tatto's founders.

I've gathered a lot of very incriminating information concerning Tatto, Tey, and Ooi from a variety of sources, outlining illegal and deceptive practices related to things from payment practices all the way to their fake acquisition by Ozura World. If you are owed money from Tatto Media, do not bother trying to contact them for your payment, it's a lost cause. Do not try to threaten them or take legal action alone, as they have created fake "evidence" apparently showing (fake) illegal placements for affiliates who threatened them, and fabricated other excuses for non-payment. The best way to get your money back is in a group.

Instead, PM me here and I'll come into contact with you. I am gathering a group of people who have been cheated by Tatto, so we can take legal action as a group and have more power and leverage. They may be able to create false excuses for non-payment for a single affiliate who sues them, but when they have 100 affiliate knocking on their door requesting their money, and inside information detailing the fact that they instructed their employees not to pay their affiliates and instead to lie to them, they're not going to lie their way out of that one.

-------

LOL LOL LOL LOL

Tey Por Yee and Ooi Kock Aun should be wise to remember the warning from the damansara's heist conveyed to tey and ooi's employees: "tell your boss to not mess with us."

To quote Tyrion Lannister's advice to Joffrey Baratheon (aka the personification of Tey Por Yee if he is a charather in a show about tits and dragons): "Some of Tey and ooi's enemies are dangerous and just now shady businessman are dying like flies."

http://m.themalaymailonline.com/malaysia/article/man-turns-himself-in-over-murder-of-malaysian-businessman-in-hatyai

LOL LOL LOL

Saturday, 16 January 2016
Businessman claims trial to charges of cheating and Perjury

KUALA LUMPUR: A businessman claimed trial at the Ampang Sessions Court to two charges of cheating and perjury involving RM68mil.

Datuk Tey Por Yee (pic), 40, is also a former non-executive director of construction and property group Protasco Bhd.

He pleaded not guilty to inducing the board members of Protasco between November 2012 and Jan 30, 2014, to agree to the US$22mil (RM68mil then) acquisition of PT Anglo Slavic Utama Indonesia, an oil-and-gas firm in which he had undisclosed vested interest.

He also pleaded not guilty to committing perjury by making a false statutory declaration that he had no interest in the Indonesia-based company on July 25, 2014.

He allegedly committed the offences at Protasco, on the second floor of Corporate Building Unipark Sri, Jalan Ikram-Uniten in Kajang.

Deputy public prosecutor Datin Nurshu­hai­da Zainal Azahar proposed bail at RM5mil with one surety for both charges and have the accused’s passport surrendered due to the huge sum involved.

She also argued that an affidavit had been filed against Tey at Kuala Lumpur High Court for the tampering of one of the prosecution’s key witnesses in Protasco suit vs PT Anglo Slavic Utama.

In asking for a lower bail, Tey’s counsel Datuk K. Kumaraendran argued that his client had filed a defence against the allegations and that no police reports had been lodged on the alleged tampering of witnesses.

He also said that Tey was settled in Kuala Lumpur as he owns a house here, and is married with three children, with the eldest child still attending primary school.

Sessions Court judge Rushan Lutfi Mohamed then set bail at RM1mil in two sureties for both charges and ordered that his passport be surrendered to the court.

KUALA LUMPUR: A businessman claimed trial at the Ampang Sessions Court to two charges of cheating and perjury involving RM68mil.

Datuk Tey Por Yee (pic), 40, is also a former non-executive director of construction and property group Protasco Bhd.

He pleaded not guilty to inducing the board members of Protasco between November 2012 and Jan 30, 2014, to agree to the US$22mil (RM68mil then) acquisition of PT Anglo Slavic Utama Indonesia, an oil-and-gas firm in which he had undisclosed vested interest.

He also pleaded not guilty to committing perjury by making a false statutory declaration that he had no interest in the Indonesia-based company on July 25, 2014.

He allegedly committed the offences at Protasco, on the second floor of Corporate Building Unipark Sri, Jalan Ikram-Uniten in Kajang.

Deputy public prosecutor Datin Nurshu­hai­da Zainal Azahar proposed bail at RM5mil with one surety for both charges and have the accused’s passport surrendered due to the huge sum involved.

She also argued that an affidavit had been filed against Tey at Kuala Lumpur High Court for the tampering of one of the prosecution’s key witnesses in Protasco suit vs PT Anglo Slavic Utama.

In asking for a lower bail, Tey’s counsel Datuk K. Kumaraendran argued that his client had filed a defence against the allegations and that no police reports had been lodged on the alleged tampering of witnesses.

He also said that Tey was settled in Kuala Lumpur as he owns a house here, and is married with three children, with the eldest child still attending primary school.

Sessions Court judge Rushan Lutfi Mohamed then set bail at RM1mil in two sureties for both charges and ordered that his passport be surrendered to the court.

KUALA LUMPUR, Nov 20 — Public-listed engineering, property and construction company Protasco Bhd has filed an application to cite two of its directors for acting in contempt of court by allegedly interfering with witnesses in a multi-million ringgit lawsuit brought against it. In a statement today, Protasco accused two of its directors Tey Por Yee and Ooi Kock Aun, as well as their lawyer Gideon Tan, of interfering with a key witness’s evidence in the court case. Protasco said the star witness and his Indonesian lawyers had already given statutory declarations on the alleged interference, adding that action by the three men amount to “attempts to pervert and/or obstruct the course of justice”. “On November 18, 2014, Protasco obtained leave of Court to initiate committal proceedings against Tey, Ooi and Gideon Tan, where they must show cause why they should not be fined or committed to imprisonment for contempt of court.

“The High Court has fixed December 8, 2014 as the date for the High Court to hear the committal proceedings,” the company said in a statement. Protasco had in September mounted a US$27 million (RM90.87 million) lawsuit against an Indonesian company, PT Anglo Slavic Utama (ASU) to recover its money and against Tey and Ooi for alleged conspiracy to defraud, making secret profits, breaching their fiduciary and statutory duties, and hiding their beneficial interests in the latter. The hearing for the alleged contempt of court case comes ahead of two different extraordinary general meetings (EGM) by Tey and Ooi and the company’s co-founder Datuk Seri Chong Ket Pen next week. After Protasco’s deal to enter the oil and gas business fell apart in August, the lawsuit was filed and a boardroom battle was sparked between Chong and the two directors — where both sides accused the other of wrongfully making profits. Chong, who is also Prostasco’s group managing director, has called for an EGM on November 26 to persuade other shareholders to remove Tey and Ooi. Tey has called for an EGM scheduled two days later, where he is expected try to persuade shareholders that his allegations against Chong are true. Tey had apparently brought a deal to Protasco in 2012 to invest in a working oilfield in Aceh.

Protasco agreed to acquire a stake in PT ASU’s PT Anglo Slavic Indonesia (PT ASI), which indirectly owned the oilfield. The deal was renegotiated in 2014, then terminated by Protasco in August 2014. Protasco then sued Tey and Ooi in September for the return of the US$27 million paid to buy the stake in PT ASI and a shareholders’ advance. It has also made police reports against Tey. In turn, Tey through his vehicle Kingdom Seekers Ventures Sdn Bhd sued Chong, accusing him of siphoning off RM10 million through a group of “Indonesian/foreign entities” to make an illegal financial gain. Last week, Chong filed his defence to the suit, denying Tey’s claims. He said he had made a personal loan of RM20 million to Tey, of which RM10 million had been repaid. Chong claimed this RM10 million repayment allegedly still owed by Tey is the illegal financial gain the former was accused of making. According to Chong, these group of foreign entities have made numerous transactions in shares of listed companies linked to Tey — PN17 company Hytex Integrated Bhd, Wintoni Group Bhd (formerly Winsun Technologies Bhd), Asdion Bhd and Tey’s own flagship Nexgram Holdings Bhd (formerly Nextnation Communication Bhd).

In 1997, when the Asian Financial Crisis struck, Protasco had grown to 600 staff and managed to avoid any retrenchments by making pay cuts across the board. The move left the company in a good position to grab projects when the government began its pump-priming programme to revive the Malaysian economy. Since it was listed in 2003, Protasco has grown further to 1,800 in staff size, with an unbroken profit record and an average of 8 to 10 sen in dividends paid every year. The company aims to grow between 15 and 20 per cent in profit every year, and, more ambitiously, to join Bursa Malaysia’s billion ringgit market capitalisation club in five years’ time. Protasco’s market capitalisation is currently RM549 million. The company’s order book has grown to more than RM700 million since Chong took on a full-time executive role in 2013, from less than RM100 million before -

See more at: http://www.themalaymailonline.com/malaysia/article/claiming-tampering-with-witness-in-lawsuit-protasco-seeks-to-cite-directors#sthash.EL8WWaUp.dpuf

Bad Tey Por Yee, attempted to tamper with witnesses LOL LOL LOL

KUALA LUMPUR: A proposed joint-venture (JV) mixed development project in Sepang involving Nexgram Holdings Bhd and Asdion Bhd has failed to receive the land development order (DO) from the Sepang Municipal Council.

In a filing with Bursa Malaysia, the software developer said following the council’s rejection, the land vendor Hijrah Murni (M) Sdn Bhd had sent to Top Valley Properties Sdn Bhd - which was to be the project’s joint developer with Nexgram Land - a notice terminating the sale and purchase agreement.

“Nevertheless, the company was informed that Top Valley is in the on-going process of re-negotiating terms and timelines for new DO submission,” added Asdion, which plans to diversify into property development via a JV arrangement with Top Valley.

In December 2014 Top Valley signed an off take agreement cum sale and purchase agreement (SPA) with software developer Nexgram Holdings Bhd’ unit Nexgram Land Sdn Bhd whereby they would develop and sell to MyAngkasa Bina Sdn Bhd the entire mixed property development project on 2.154ha. Meanwhile, Top Valley entered into the land SPA with Hijrah Murni.

The project, to be undertaken on a piece of agricultural leasehold Malay reserved land, was to comprise three tower blocks comprising a total of 659 units of serviced apartments and 10 units of commercial/retail shops with a gross development value of RM297.39mil.

Top Valley’s entitlement from the project was estimated to be RM13.4mil, and Asdion was to have a participation right in Top Valley’s entitlement and to share the project benefits (80% share or RM11.9mil).

Bursa Malaysia Securities considered it a related party transaction as Datuk Tey Por Yee was a common major shareholder of both Nexgram and Asdion, and See Poh Yee was a common director of both.

In the latest statement On Monday, Asdion said it was informed that for the purpose of the offtake agreement cum SPA with Nexgram Land and MyAngkasa which was still subsisting, Top Valley was currently exploring all possible viable options, including sourcing for an alternative suitable land and continue negotiating with the land owner for resubmission of the DO.

“The board had discussed the letter in a board meeting held on March 14 and requested the management to provide further information for deliberation before making any decision,” it said.

Nexgram 4 cents, Nexgram 4 cents LOL LOL LOL...

Investigations to proceed despite the company withdrawing Ire-Tex offer

ALTHOUGH the takeover offer Nexgram Holdings Bhd made on Ire-Tex Corp Bhd is now off the table, it has not stopped regulators from pursuing their investigations on the former’s past dealings.

On Thursday, Nexgram turned things around by announcing its intention to withdraw its takeover offer on one-stop packaging service provider Ire-Tex. This came a day after it said it would take steps to bring in a special auditor to determine the veracity of some of its assets.

Yesterday, Nexgram also announced that its due diligence committee had taken heed of concerns made by regulators and followed up with a visit to Indonesia, where some of the questionable transactions are said to have transpired.

“The Nexgram board had formed the view that such observations appear to potentially point to inconsistencies with regards to details of certain assets with the Nexgram group,” the statement said.

Following this, Nexgram said it had formed a special committee comprising of four directors of which two are independent, to take necessary steps to address the matter, which include the appointment of a special auditor.

Still, if any evidence suggests Nexgram has not carried out its responsibilities towards shareholders, the company could face sanctions from the regulators, and depending on the severity, it could face criminal prosecutions, insiders say.

The Nexgram saga started after it launched a takeover offer on Ire-Tex last November, which was to be satisfied through issuance of new Nexgram shares.

According to its website, Nexgram says it is a multinational conglomerate involved in the telco, security and surveillance, software development, property development, industries, business advisories and investment activities sectors.

Its rationale to take over Ire-Tex was so it could continue its diversification by tapping into manufacturing and industrial segments.

StarBizWeek earlier reported that regulators had concerns over the takeover due to the veracity of certain assets in Nexgram.

However, it had insufficient grounds to disrupt the offer and continued to follow up on its leads.

Following this, Nexgram posted its offer document on Dec 11, 2015.

It is understood that both the Securities Commission and Bursa Malaysia met with the advisors and a representative of Nexgram’s board to request the verification of certain alleged bank balances by an independent accountant.

However, soon after, through Jan 11 and Jan 12, Nexgram announced that it had earlier entered into agreements to dispose of some of its subsidiaries, which according to the SC, were the subject of enquiry.

At the same time, Nexgram made some more changes in the company.

On Jan 14, the company announced that its co-founder Datuk Tey Por Yee (pic) had resigned as executive director to “pursue his personal interest and goals”.

Since his resignation, Nexgram has six directors left sitting on its board.

Interestingly, Tey has not sold off his stake in Nexgram. According to Bursa filings, Tey’s stake stands at 23.4%.

This led to the SC choosing to invoke its powers under the Capital Markets Securities Act (CMSA) under Section 217 to issue a public statement on its concerns relating to those assets, a first for the SC.

This course of action is seen as a rarity even in other countries, says a source.

The SC had issued the public statement on Jan 15, stating that Nexgram’s disposal of certain assets “delays and obstructs the ongoing enquiries by the SC and Bursa Malaysia”.

Since Nexgram was seen as being “uncooperative” in bringing in a special auditor to independently verify the value of its assets, Bursa had all this while held back on the greenlight for Nexgram’s circular to its shareholders related to the Ire-Tex deal.

This meant that Nexgram had not been able to call for an EGM to vote on the takeover proposal, which in turn could have led to the offer lapsing.

On Jan 11 and Jan 12, Nexgram announced that it had earlier entered into agreements to dispose of its subsidiaries – Nexgram Resources Sdn Bhd, Godynamic Investments Ltd and PT Semesta Tirta Antara Raya (through Godynamic) – which are believed to be the subject of the regulators’ enquiries.

Although it is not too clear which assets showed some red flags, it is worth taking a look at Nexgram’s balance sheet.

In its financial statements for the year ended April 30, 2014, the company had RM84.5mil in cash balances. However in the following year, a majority of that cash seemed to be reflected in as inventories. Its inventories moved from zero to RM89.8mil in the following financial year while its cash balances fell to RM31.1mil.

Sources say enquiries by the regulators are focused on the paper and cash trail of how those inventories were built up.

Nexgram in the dark on various aspects of its proposed share sale

KUALA LUMPUR: Nexgram Holdings Bhd, which plans to sell its 69.6% stake in Godynamic Investments Ltd (GIL) to Vast Wealth Management Corp for RM34.8mil, does not have information on details such as who Vast Wealth’s shareholders are.

The company, whose businesses range from IT services provision to property development, told Bursa Malaysia that it also currently did not know how the disposal of its stake in the mobile application service subsidiary would affect the group’s earnings per share, net assets per share and gearing.

Nor does it know the expected gains or losses to the group arising from this proposed sale, which was announced last week.

Replying to Bursa’s query, Nexgram said it would submit details on various questions asked by the regulator “in due course once the information is available.”

On Jan 12, Nexgram announced the disposal of the entire stake in GIL, which owns 84% in Indonesia-based mobile application service/mobile security operations.

In the notice, the company said the GIL group had been making losses for the financial years 2012 to 2014. In the 2015 financial year it made an after-tax profit of RM3.5mil, but Nexgram said this was mainly due to the implementation of a cost-cutting strategy which it is not expected to benefit from anymore due to the tougher business environment.

“The proposed disposal will enable Nexgram to focus on other existing profitable business segments, e.g. property and trading of surveillance equipment,” it said.

Nexgram, via unit Nextnation Network Sdn Bhd, had boosted its stake in GIL from 51% to 69.6% less than a year ago (in April 2015).

It paid RM18.53mil for the additional 18.6% stake. Based on this purchase price, the entire 69.6% stake was valued at RM69.3mil at the time of purchase.

On Friday last week the SC expressed reservations on Nexgram’s takeover of Ire-Tex Corp Bhd - another company linked to Datuk Tey Por Yee - following an ongoing probe into the sale of Nexgram’s subsidiaries, including GIL.

Nexgram shares fell 1 sen to close at 7.5 sen on Monday, with 34.499 million shares changing hands.

---

Well, i can say this much, Tey and Ooi's company in indonesia (inovisi) also answered "this don't know that don't know" when being probed by the indonesian with regard to it corporate action and disposal of assets LOL LOL LOL LOL

Yeah....and lookie here...On Feb 2, 2016, the Indonesian SC decided to extend the suspension of PT Inovisi's counter citing their failure to submit audited annual report to the SC LOL LOL

http://redaksi.co.id/47427/otoritas-bursa-lanjutkan-suspensi-4-saham.html

The management of PT Inovisi would not be able to produce such report as currently they went hiding like the slimey mice they are LOL LOL

Inovisi also failed to pay the annual listing fee:

http://economy.okezone.com/read/2016/03/24/278/1344702/bei-perpanjang-suspensi-7-emiten-nakal

Can't pay rent and can't pay annual fee? that is the fate of nexgram. Believe that LOL LOL

Speaking of which....anyone got the update on Nexgram's special committee report on Gold Dynamic and PT STAR? No news? Obviously since both are fictitious company owned by Tey Por Yee and Ooi Kock Aun...

http://www.thestar.com.my/business/business-news/2016/01/22/nexgram-sets-up-special-committee-to-address-possible-inconsistencies/

Any news on this so called nexgram venture to property in Fiji? LOL LOL LOL

http://www.bursacommunity.com/t22326-nexgram-ventures-into-property-development-in-fiji

Another fictitious project from yours truly: Tey Por Yee and Ooi Kock Aun.

Prior to it demise, the management of PT Inovisi also made numerous announcement on such and such projects or this and that acquisitions, which now we know it fictitious LOL LOL...

Ooo..and blessed are your eyes because they see and your ears because they hear. The heart of the people here has become dull. With their ears they scarcely hear and they have closed their eyes, otherwise with their heart, eyes and ears they will understand that.

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.

Let's recap shall we:

- the owners of pt haseba are herman koswara and benny tjokro. Both signed agreements with tey por yee and the transaction were secured with inovisi's shares where ooi kock aun sits as finance director and actually is inovisi's ultimate shareholders.

- pt asu and pt asi are the owners of pt haseba. The director and commisioner of pt asu and pt asi, i.e. Tjoe Yudhis, Dedi Francis and Edward Farolan are nominees of tey and ooi.

- the transaction between protasco and pt asu to buy pt asi's stakes in pt fas was secured with inovisi's shares. The shares were deposited to acclaim, a company established by tey and ooi, and on paper is run by Seh Poh Yee's wife.

- the website of pt asu is registered under a company which shares the same address as nexgram. Which company is a subsidiary of inovisi.

- tey and ooi have the power over pt gold child, pt nusantara rising rich, fast global, pt asu as evident from the fact that they are able to move around the money paid from protasco to pt asu and gold child which ended up in rs mahaniaga, dato chong's company as a repayment for the loan provided by dato chong so tey and ooi could finalize the deal to buy stakes in protasco.

Everything linked up to tey and ooi LOL LOL LOL

Bonus round.

24 Oct 2012 Larry Tey Por Yee via Global Cap Venture signed Term Sheet with Herman Koswara, the controlling shareholders of PT Fas. The purpose of the term sheet is to acquire project kuala simpang timur oil field. It is agreed that Larry will purchase Herman's shares priced at IDR 6billion (Larry has only paid IDR 3billion).

1 November 2012 Larry Tey Por Yee and Benny Tjokro agreed on how to move forward with handling over Benny's shares at PT Fas, i.e. Tey Por Yee paid the operational costs of PT Haseba as of the date of the agreement and Larry Tey Por Yee take over Benny's debt at Mayapada Bank in the amount or IDR 23 Billion (both conditions are not fulfilled). However in the said date Larry already received the shares of PT Fas belonged to Benny Tjokro. Tey put the shares in PT Asi.

28 December 2012: Larry Tey Por Yee sold his shares to Protasco Berhad in the amount of USD 55million without notifying Herman and Benny.

21 May 2013 Larry Tey Por Yee sent a forged invitation for egms of PT Haseba which will be held at the office of Djamkk Asmur, the public notary in Aceh.

14 August 2013: to pay his debt to Benny, Larry wired in IDR 5billion and put Inovisi's shares as a guarantee. Few month later when Larry is in default; Benny attempted to execute the block of Inovisi's shares and finds that the value has dropped to a meager 10% of its initial value.

23 August 2013 Larry Tey Por Yee changed the directors and commisioners of PT Haseba based on the illegal egms.

24 February 2014 Herman Koswara and Benny Tjokro lodged police report against Larry Tey Por Yee alleging that he forged Herman and Benny's signature and defrauded them.

1 April 2014 Benny Tjokro through it vehicle PT Dayasakti Putradharma filed lawsuit against PT Anglo Slavic Indonesia at south jakarta district court.

25 April 2014 Koperasi Sejahtera Bersama filed lawsuit against PT Green Pine, Jerry Djajasaputra, PT Equator Securities and PT Inovisi Infracom Tbk arguing that it had invested IDR 125billion in PT Inovisi which was guaranteed by a block of Inovisi's shares. But it had not seen any profit and when they attempted to cash in on the shares, it shares dropped significantly.

11 December 2014 Benny Tjokro and Larry Tey signed settlement agreement in which Larry agreed to pay IDR 18billion, at the latest 28 January 2015. Up to this day Larry failed to honor this settlement agreement.

8 July 2015 The court ruled in favour of Koperasi Sejahtera Bersama and order Inovisi to pay IDR 200billion.

15 July 2015 Indonesian police raided the office of PT Inovisi Infracom Tbk.

December 2015 PT Inovisi Infracom Tbk closed down it business without prior notice to the investors and employees after failing to pay rent and utilities to Patra Jasa's building management. It management went hiding.

LOL LOL LOL LOL

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.

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.

At age seven, tey por yee 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.

Lookie, lookie....ooi kock aun was handcuffed. I have to compliment him. At least he did not hide his face like tey por yee LOL LOL LPL

http://www.hmetro.com.my/node/112179

https://m.youtube.com/watch?v=MFukVxP8Nks

Now, let wait if anyone here could get me picture or video of the chongs and handcuff LOL LOL LOL LOL

Anyone with a half of brain also know tey and ooi's companies are their alter ego mah...are you brain dead or what? LOL LOL LOL

KUALA LUMPUR, Jan 15 — A former director of Protasco Bhd was charged in the Ampang Sessions Court today with fraud involving RM68 million, and making a false declaration, four years ago.

Datuk Tey Por Yee, 40, claimed trial to both charges. On the first charge, he is accused of concealing information from the company’s board of directors and officers that he had a vested interest in a company, PT Anglo Slavic Utama in Indonesia.

In so doing, he allegedly misled the victims into entering into an oil and gas investment agreement with PT Anglo Slavic Utama through the purchase of 63 per cent of PT Anglo Slavic’s shares in Indonesia worth US$22 million (RM68,393,170).

The payment for the shares was allegedly channelled in stages to two CIMB PT ASU accounts.

Tey is accused of committing the offence at Protasco Bhd’s office at Corporate Building Unipark Suria, Jalan Ikram-Uniten, Kajang here, between November 2012 and January30, 2014.

On the second charge, he allegedly made a sworn false statement before Wern Li Morsingh, a Commissioner of Oaths that he did not have any vested interests in PT Anglo Slavic Utama, whether as a director or shareholder. He is accused of committing the offence in the company’s conference room at the same place on July 25, 2014.

Judge Rushan Lutfi Mohamed set bail at RM1 million with one surety and February24 for re-mention.

Tey was also ordered to surrender his passport to the court and to refrain from harassing the prosecution’s witnesses.

Deputy public prosecutor Datin Nurshuhaida Zainal Azahar acted for the prosecution while counsel Datuk K.Kumaraendran and Mak Lin Kum represented the accused. — Bernama

- See more at: http://m.themalaymailonline.com/malaysia/article/ex-company-director-charged-with-rm68m-fraud#sthash.8ohRAlMG.dpuf

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LOL LOL LOL

Hey,

Thanks for the support. However, this is a particularly special case. A case of two men obsessed with image and with no moral foundation. Two men who pushed fake press releases to create a grandiose image, who spent money they didn't have to maintain this image, who made terrible decisions and lost a ton of money, then lied, deceived, and commited fraudulent activities to maintain their image, while driving their affiliate network into the ground. Tey and Ooi have been sued multiple times, and even brag about some of their scams, saying how they made more money than they were sued for. They were even quoted to say they're not making money unless they're being sued. One word: karma.

I have no interest in fully exposing these two clowns, but if that's what has to be done for us to receive my money, so be it. Let them deal with the consequences of screwing over thousands of affiliates for millions of dollars.

----

LOL LOL LOL

Hello,

This year Tatto Media manage to cheat my company out of a very large sum of money, and after being promised my money countless times I was never paid a dime. It wasn't just me who was cheated out of money, however; for a period of months, nearly all their affiliates had their payments withheld for absolutely no apparent reason, under orders by Larry Tey and Adrian Ooi, Tatto's founders.

I've gathered a lot of very incriminating information concerning Tatto, Tey, and Ooi from a variety of sources, outlining illegal and deceptive practices related to things from payment practices all the way to their fake acquisition by Ozura World. If you are owed money from Tatto Media, do not bother trying to contact them for your payment, it's a lost cause. Do not try to threaten them or take legal action alone, as they have created fake "evidence" apparently showing (fake) illegal placements for affiliates who threatened them, and fabricated other excuses for non-payment. The best way to get your money back is in a group.

Instead, PM me here and I'll come into contact with you. I am gathering a group of people who have been cheated by Tatto, so we can take legal action as a group and have more power and leverage. They may be able to create false excuses for non-payment for a single affiliate who sues them, but when they have 100 affiliate knocking on their door requesting their money, and inside information detailing the fact that they instructed their employees not to pay their affiliates and instead to lie to them, they're not going to lie their way out of that one.

-------

LOL LOL LOL LOL

Saturday, 16 January 2016
Businessman claims trial to charges of cheating and Perjury

KUALA LUMPUR: A businessman claimed trial at the Ampang Sessions Court to two charges of cheating and perjury involving RM68mil.

Datuk Tey Por Yee (pic), 40, is also a former non-executive director of construction and property group Protasco Bhd.

He pleaded not guilty to inducing the board members of Protasco between November 2012 and Jan 30, 2014, to agree to the US$22mil (RM68mil then) acquisition of PT Anglo Slavic Utama Indonesia, an oil-and-gas firm in which he had undisclosed vested interest.

He also pleaded not guilty to committing perjury by making a false statutory declaration that he had no interest in the Indonesia-based company on July 25, 2014.

He allegedly committed the offences at Protasco, on the second floor of Corporate Building Unipark Sri, Jalan Ikram-Uniten in Kajang.

Deputy public prosecutor Datin Nurshu­hai­da Zainal Azahar proposed bail at RM5mil with one surety for both charges and have the accused’s passport surrendered due to the huge sum involved.

She also argued that an affidavit had been filed against Tey at Kuala Lumpur High Court for the tampering of one of the prosecution’s key witnesses in Protasco suit vs PT Anglo Slavic Utama.

In asking for a lower bail, Tey’s counsel Datuk K. Kumaraendran argued that his client had filed a defence against the allegations and that no police reports had been lodged on the alleged tampering of witnesses.

He also said that Tey was settled in Kuala Lumpur as he owns a house here, and is married with three children, with the eldest child still attending primary school.

Sessions Court judge Rushan Lutfi Mohamed then set bail at RM1mil in two sureties for both charges and ordered that his passport be surrendered to the court.
KUALA LUMPUR: A businessman claimed trial at the Ampang Sessions Court to two charges of cheating and perjury involving RM68mil.

Datuk Tey Por Yee (pic), 40, is also a former non-executive director of construction and property group Protasco Bhd.

He pleaded not guilty to inducing the board members of Protasco between November 2012 and Jan 30, 2014, to agree to the US$22mil (RM68mil then) acquisition of PT Anglo Slavic Utama Indonesia, an oil-and-gas firm in which he had undisclosed vested interest.

He also pleaded not guilty to committing perjury by making a false statutory declaration that he had no interest in the Indonesia-based company on July 25, 2014.

He allegedly committed the offences at Protasco, on the second floor of Corporate Building Unipark Sri, Jalan Ikram-Uniten in Kajang.

Deputy public prosecutor Datin Nurshu­hai­da Zainal Azahar proposed bail at RM5mil with one surety for both charges and have the accused’s passport surrendered due to the huge sum involved.

She also argued that an affidavit had been filed against Tey at Kuala Lumpur High Court for the tampering of one of the prosecution’s key witnesses in Protasco suit vs PT Anglo Slavic Utama.

In asking for a lower bail, Tey’s counsel Datuk K. Kumaraendran argued that his client had filed a defence against the allegations and that no police reports had been lodged on the alleged tampering of witnesses.

He also said that Tey was settled in Kuala Lumpur as he owns a house here, and is married with three children, with the eldest child still attending primary school.

Sessions Court judge Rushan Lutfi Mohamed then set bail at RM1mil in two sureties for both charges and ordered that his passport be surrendered to the court.

Bonus round.

24 Oct 2012 Larry Tey Por Yee via Global Cap Venture signed Term Sheet with Herman Koswara, the controlling shareholders of PT Fas. The purpose of the term sheet is to acquire project kuala simpang timur oil field. It is agreed that Larry will purchase Herman's shares priced at IDR 6billion (Larry has only paid IDR 3billion).

1 November 2012 Larry Tey Por Yee and Benny Tjokro agreed on how to move forward with handling over Benny's shares at PT Fas, i.e. Tey Por Yee paid the operational costs of PT Haseba as of the date of the agreement and Larry Tey Por Yee take over Benny's debt at Mayapada Bank in the amount or IDR 23 Billion (both conditions are not fulfilled). However in the said date Larry already received the shares of PT Fas belonged to Benny Tjokro. Tey put the shares in PT Asi.

28 December 2012: Larry Tey Por Yee sold his shares to Protasco Berhad in the amount of USD 55million without notifying Herman and Benny.

21 May 2013 Larry Tey Por Yee sent a forged invitation for egms of PT Haseba which will be held at the office of Djamkk Asmur, the public notary in Aceh.

14 August 2013: to pay his debt to Benny, Larry wired in IDR 5billion and put Inovisi's shares as a guarantee. Few month later when Larry is in default; Benny attempted to execute the block of Inovisi's shares and finds that the value has dropped to a meager 10% of its initial value.

23 August 2013 Larry Tey Por Yee changed the directors and commisioners of PT Haseba based on the illegal egms.

24 February 2014 Herman Koswara and Benny Tjokro lodged police report against Larry Tey Por Yee alleging that he forged Herman and Benny's signature and defrauded them.

1 April 2014 Benny Tjokro through it vehicle PT Dayasakti Putradharma filed lawsuit against PT Anglo Slavic Indonesia at south jakarta district court.

25 April 2014 Koperasi Sejahtera Bersama filed lawsuit against PT Green Pine, Jerry Djajasaputra, PT Equator Securities and PT Inovisi Infracom Tbk arguing that it had invested IDR 125billion in PT Inovisi which was guaranteed by a block of Inovisi's shares. But it had not seen any profit and when they attempted to cash in on the shares, it shares dropped significantly.

11 December 2014 Benny Tjokro and Larry Tey signed settlement agreement in which Larry agreed to pay IDR 18billion, at the latest 28 January 2015. Up to this day Larry failed to honor this settlement agreement.

8 July 2015 The court ruled in favour of Koperasi Sejahtera Bersama and order Inovisi to pay IDR 200billion.

15 July 2015 Indonesian police raided the office of PT Inovisi Infracom Tbk.

December 2015 PT Inovisi Infracom Tbk closed down it business without prior notice to the investors and employees after failing to pay rent and utilities to Patra Jasa's building management. It management went hiding.

LOL LOL LOL LOL

Yeah....and lookie here...On Feb 2, 2016, the Indonesian SC decided to extend the suspension of PT Inovisi's counter citing their failure to submit audited annual report to the SC LOL LOL

http://redaksi.co.id/47427/otoritas-bursa-lanjutkan-suspensi-4-saham.html

The management of PT Inovisi would not be able to produce such report as currently they went hiding like the slimey mice they are LOL LOL

Inovisi also failed to pay the annual listing fee:

http://economy.okezone.com/read/2016/03/24/278/1344702/bei-perpanjang-suspensi-7-emiten-nakal

Can't pay rent and can't pay annual fee? that is the fate of nexgram. Believe that LOL LOL

Speaking of which....anyone got the update on Nexgram's special committee report on Gold Dynamic and PT STAR? No news? Obviously since both are fictitious company owned by Tey Por Yee and Ooi Kock Aun...

http://www.thestar.com.my/business/business-news/2016/01/22/nexgram-sets-up-special-committee-to-address-possible-inconsistencies/

Any news on this so called nexgram venture to property in Fiji? LOL LOL LOL

http://www.bursacommunity.com/t22326-nexgram-ventures-into-property-development-in-fiji

Another fictitious project from yours truly: Tey Por Yee and Ooi Kock Aun.

Prior to it demise, the management of PT Inovisi also made numerous announcement on such and such projects or this and that acquisitions, which now we know it fictitious LOL LOL...

Ooo..and blessed are your eyes because they see and your ears because they hear. The heart of the people here has become dull. With their ears they scarcely hear and they have closed their eyes, otherwise with their heart, eyes and ears they will understand what illadanstormrage tried to conveyed on the similarities between Nexgram and PT Inovisi LOL LOL

Let's recap shall we:

- the owners of pt haseba are herman koswara and benny tjokro. Both signed agreements with tey por yee and the transaction were secured with inovisi's shares where ooi kock aun sits as finance director and actually is inovisi's ultimate shareholders.

- pt asu and pt asi are the owners of pt haseba. The director and commisioner of pt asu and pt asi, i.e. Tjoe Yudhis, Dedi Francis and Edward Farolan are nominees of tey and ooi.

- the transaction between protasco and pt asu to buy pt asi's stakes in pt fas was secured with inovisi's shares. The shares were deposited to acclaim, a company established by tey and ooi, and on paper is run by Seh Poh Yee's wife.

- the website of pt asu is registered under a company which shares the same address as nexgram. Which company is a subsidiary of inovisi.

- tey and ooi have the power over pt gold child, pt nusantara rising rich, fast global, pt asu as evident from the fact that they are able to move around the money paid from protasco to pt asu and gold child which ended up in rs mahaniaga, dato chong's company as a repayment for the loan provided by dato chong so tey and ooi could finalize the deal to buy stakes in protasco.

Everything linked up to tey and ooi LOL LOL LOL

TeyPuki Edward Farolan, the assistant to director at nusantara rising rich, is also the sole director at pt anglo slavic indonesia (the subsidiary of pt asu and the shareholder of pt fas which is the shareholder of pt haseba) LOL LOL LOL

https://www.linkedin.com/in/edward-farolan-9a107723

http://protasco.listedcompany.com/newsroom/PRTASCO_300114.pdf

LOL LOL LOL

http://www.inovisi.com/index.php/files/download/4c9f81fdc749d47

Nusantara rising rich is related to inovisi, a company where many people from nexgram from ooi kock aun to lim chee guan sits in the management LOL LOL LOL


http://klse.i3investor.com/servlets/anpth/453212.jsp

That is another evidence which proof that in the past nusantara rising rich working closely with nexgram LOL LOL LOL

Let's recap shall we:

- the owners of pt haseba are herman koswara and benny tjokro. Both signed agreements with tey por yee and the transaction were secured with inovisi's shares where ooi kock aun sits as finance director and actually is inovisi's ultimate shareholders.

- pt asu and pt asi are the owners of pt haseba. The director and commisioner of pt asu and pt asi, i.e. Tjoe Yudhis, Dedi Francis and Edward Farolan are nominees of tey and ooi.

- the transaction between protasco and pt asu to buy pt asi's stakes in pt fas was secured with inovisi's shares. The shares were deposited to acclaim, a company established by tey and ooi, and on paper is run by Seh Poh Yee's wife.

- the website of pt asu is registered under a company which shares the same address as nexgram. Which company is a subsidiary of inovisi.

- tey and ooi have the power over pt gold child, pt nusantara rising rich, fast global, pt asu as evident from the fact that they are able to move around the money paid from protasco to pt asu and gold child which ended up in rs mahaniaga, dato chong's company as a repayment for the loan provided by dato chong so tey and ooi could finalize the deal to buy stakes in protasco.

Everything linked up to tey and ooi 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 ......

Lookie, lookie....ooi kock aun was handcuffed. I have to compliment him. At least he did not hide his face like tey por yee LOL LOL LPL

http://www.hmetro.com.my/node/112179

https://m.youtube.com/watch?v=MFukVxP8Nks

Now, let wait if anyone here could get me picture or video of the chongs and handcuff LOL LOL LOL LOL

Anyone with a half of brain also know tey and ooi's companies are their alter ego mah...are you brain dead or what? LOL LOL LOL