Told you again, nexgram is counting it number...don't trust me at your own risk.

One more: www.goldchild.com

Fyi, Tey Por Yee is also known as Larry Tey.. LOL

Seeing how desperate you are in defending your boss' loss caused make me almost felt sorry for you LOL..

Add another website's owned by Tey and his cohorts: www.goldchild.com

The following link evident that Tey Por Yee and Ooi Kock Aun are liars:

http://klse.i3investor.com/blogs/kianweiaritcles/62726.jsp

It shows supposedly the method used by Dato Chong to layers his kick back money from the transaction with PT Anglo Slavic Utama, Fast Global and PT Goldchild Integritas Abadi.

Go check the owners of the following website:

www.risingrich.com
www.angloslavic.com
www.globalcapventure.com
www.inovisi.com

For example, try email larry@risingrich.com and see for yourselves who is the recepient.

The following link evident that Tey Por Yee and Ooi Kock Aun are a liar:

http://klse.i3investor.com/blogs/kianweiaritcles/62726.jsp

It shows the supposedly the method used by Dato Chong to layers his kick back money from the transaction with PT Anglo Slavic Utama, Fast Global and PT Goldchild Integritas Abadi.

Go check the owners of the following website:

www.risingrich.com
www.angloslavic.com
www.globalcapventure.com
www.inovisi.com

For example, try email larry@risingrich.com and see who is the recepient.

This is the recent news....you should move forward to the future ya know?

While two sets of directors prepare for twin meetings to eject each other this week, engineering and construction firm Protasco Berhad says it remains confident of business particularly property development.

The company, listed in 2003, is expected to announce its third quarter results on Wednesday, which is expected to ride further on its first half results which saw a 37% jump in profit to RM36.9 million on "significant earnings growth from our property development and construction divisions".

"We are confident of maintaining Protasco’s growth momentum for 2014.

"We anticipate 2014 to be the best year since listing. Protasco has continuously been profitable yearly since listing in 2003, and our dividend payout has averaged between 7 and 10 sen every year," the Protasco managament said in a statement to The Malaysian Insider.

Protasco founder and managing director Datuk Seri Chong Ket Pen and several other board members are caught in a tussle with two other directors, Tey Por Yee and Adrian Ooi Kock Aun, with each side trading accusations of breach of fiduciary duties.

Chong has called for an extraordinary general meeting (EGM) on November 26 while Tey and Ooi have called for one on November 28. Both sides have also lodged police reports and filed suits against each other.

Despite that , the management led by Chong say, "it is business as usual for Protasco Berhad despite the legal matter which is currently in court. "

They pointed out that since listing in 2003, "Protasco has had an unbroken profit record, and has built strong reserves over the years. Protasco has healthy cash flows and low debt levels, with roughly RM180 million in retained profit (as at the first quarter ended March 31, 2014)."

Protasco’s order book has grown to more than RM700 million, the management said, adding there was strong long term prospects for the De Centrum property development in Kajang to developed over a 10-year period with a gross development value of RM10 billion.

"Earlier this year, we set in motion our five-year Business Plan, aiming to grow 15 to 20% in earnings per share a year, and to join Bursa Malaysia's billion ringgit market capitalisation club in five years' time," it added

"We acquired this land in the mid-1990s and without borrowing. We have not even revalued the land in our books. So we are very comfortable with our plans for the property division.

"Long-term growth will continue in the southern corridor of the Greater Klang Valley so De Centrum’s location in Kajang is very strategic, no matter what happens in the short-term," it added.

The De Centrum project contributed to improved revenue in the second quarter of 2014, which grew almost five times to RM21.7 million from RM3.8 million previously, the company said.

It noted that the De Centrum Phase 1 was fully sold, as was Unipark Phase 2A, Blocks A and B that was launched in June 2014. Block C launched early this month has seen 50% of the units being sold, it said.

Apart from construction and property development, Protasco has an education unit under Infrastructure University Kuala Lumpur (IUKL) with some 4,200 students, adding to its bottom line.

"Protasco is optimistic in achieving at least 15% growth in earnings per share. For first half of 2014, earnings per share rose to 8.10 sen from 6.48 sen previously," it added. – November 24, 2014.

- See more at: http://www.themalaysianinsider.com/business/article/protasco-says-future-rosy-despite-boardroom-tussle#sthash.SNICKvI4.dpuf

@bing, the earth is not consisted of malaysia only you know...you should read more books...

@86, that's old news...no one is buying it...

@bing, my place is night already, how can I say good morning? you are so weird...

@sing, brainwash you? Of course cannot do that lah...

@86, naturally Protasco's transaction is low, because Dato Chong and Tey Por Yee are accumulating the shares for the past few weeks and they are keeping it until after EGMs are concluded.

@Fam, not if it can proven that the money came from criminal activities, i.e. money laundering.

@adstey, Tey and Ooi have what good reputation to tarnish? Even their directors think there are crooks and untrustworthy.

@fam, the land will be confiscated because it was bought using money laundering's money and you are mistaken if believe that the deal with protasco will survived after the upcoming EGMs.

No one want to touch nexgram...it's merely a shell company with no assets, or any real projects.

1st: Nexgram is not a good company.

2nd: Nexgram's reputation already ruins ever since Tey and Ooi use it as their vehicle to deceit another company.

3rd: The aforementioned is not rumour but facts.

4th: The police will catch Tey and his cohorts for the following crimes: perjury, embezzelment, money laundering and contempt of court.

Don't take my word for it, open the website for yourselves: www.risingrich.com

@Fam, don't worry, Tey and his cohorts won't be able to escape their fate and bad karma.

Speaking of which, Rising Rich is Tey's company specialising in the incorporation of offshore company...so, Tey actually are able to incorporate nominee and proxy companies more faster than you and I growing bean sprout...

@liartey....that really is your boss best defense eh? Better looking for new opportunity because you are doomed...

@marina, only have your interest at heart...don't to see another victims of lehman, enron, fannie mae etc, with cooked financial report, overvalued shares price and crooked management.

@fam, nexgram is indeed doom to fails.

Example of Tey and Ooi's mental illness:

PROTASCO BERHAD (“Protasco” / the “Company”) – ANNOUNCEMENT

The Company refers to the Press Release/Statements in the Star made on 31 October 2014 by Tey Por Yee and Ooi Kock Aun in particular to Tey Por Yee’s claim that “he had called for an emergency Board Meeting to present the facts and evidence of (Dato’ Sri Chong’s) wrongdoing” as well as Press Statements in The Edge Markets on 31 October 2014 and the Star online on 1 November 2014. The Company also refers to its Announcements made on 27 October 2014 and 31 October 2014 with regards to the Special Notice dated 27 October 2014 received from two (2) shareholders of the Company requisitioning for an Extraordinary General Meeting (“EGM”) to be held to remove Tey Por Yee and Ooi Kock Aun as directors of the Company.

The Company wishes to rebut the statements made by Tey Por Yee and Ooi Kock Aun as follows:-

(A) Emergency Board Meeting

The Company wishes to clarify that Tey Por Yee’s and Ooi Kock Aun’s original notice to call for a Board Meeting had been very generally worded as follows:-

“1. To discuss the matters relating the Sales and Purchase Agreement dated 28.12.2012 (“SPA No. 1”) and Sales and Purchase Agreement dated 29.1.2014 (“SPA No. 2”) which replaced SPA No. 1 between the Company and PT Anglo Slavic Utama (“PT ASU”).

2. To discuss the action brought by the Company against PT ASU, Mr. Tey Por Yee and Mr. Ooi Kock Aun ie Kuala Lumpur High Court Suit No. 22NCC-362-09/2014 (“Suit 362”).

3. To discuss all other matters relating to SPA No. 1, SPA No. 2 and/or Suit 362.”

Consequently the Chairman, Tan Sri Datuk Dr. Hadenan Bin A.Jalil vide his letter of 24 October 2014 requested that Tey Por Yee and Ooi Kock Aun provide more details of the matters to be discussed. Neither Tey Por Yee nor Ooi Kock Aun responded to the Chairman’s letter. The Chairman had postponed the Board Meeting by four (4) days so as to enable all Board members to attend. Tey Por Yee and Ooi Kock Aun have not provided any explanation as to why a four (4) day postponement was in any way detrimental or prejudicial to them or to the Company’s interest.

(B) Requisition for an EGM by Shareholders under Section 144 of the Companies Act, 1965

With regards to the Special Notice dated 27 October 2014 to remove Tey Por Yee and Ooi Kock Aun as directors of the Company, the Board has been legally advised that the requisition made by the 2 shareholders pursuant to Section 144 of the Companies Act, 1965 is in order and consequently, the Board had at its Board Meeting on 31 October 2014 RESOLVED to convene an EGM on Wednesday, 26 November 2014 to consider the Proposed Ordinary Resolutions as set out in the Special Notice, as it is required to do so by law.

For the record, the Special Notice dated 27 October 2014 to remove Tey Por Yee and Ooi Kock Aun was issued two (2) days before the Special Notice dated 29 October 2014 issued by Tey Por Yee’s nominee to remove Dato’ Sri Chong Ket Pen. Further the Board has also been advised that since the requisition from UOBM Nominees (Tempatan) Sdn Bhd and Tan Heng Kui was made pursuant to Section 144 of the Companies Act 1965, the law requires the Company to convene the EGM or bear the cost and expenses of the shareholders convening the EGM under Section 144(3) of the Companies Act 1965. In contradistinction, the requisition made by Tey Por Yee’s nominee was pursuant to Section 145 of the Companies Act 1965. Section 145 allows two or more shareholders to convene an EGM at their own cost and expenses.

The choice of which provision of the Companies Act 1965 each requisitionist wishes to invoke is up to them and the Company has no control over the shareholders’ action.





(C) Legal Action Against Tey Por Yee and Ooi Kock Aun

The Company wishes to state that the Board had taken legal action against Tey Por Yee and Ooi Kock Aun based on investigations undertaken in the past few months and all actions undertaken including the decision to sue Tey Por Yee and Ooi Kock Aun personally were made in the best interests of the Company. Investigations were undertaken on the SPA dated 29 January 2014 with PT ASU by the Investigation Committee of the Company. The decision to form an Investigation Committee was made in July 2014 and members of the Investigation Committee comprise of Independent Directors of the Company.

(D) Purported Wrongdoings by Dato’ Sri Chong Ket Pen

Although Tey Por Yee and Ooi Kock Aun claim to have evidence of alleged wrongdoings by Dato’ Sri Chong Ket Pen, they have not presented any evidence of Dato’ Sri Chong Ket Pen’s purported wrongdoings to the Board prior to instituting a derivative action on behalf of the Company on 28 October 2014. The Board did not suspend Dato’ Sri Chong Ket Pen and will only act after due consideration of all evidence.

The Board refutes any allegations of bias and will continue to act in the best interests of the Company as it has always done so.

PROTASCO BERHAD (“Protasco” / the “Company”) – ANNOUNCEMENT

The Company refers to the Press Release/Statements in the Star made on 31 October 2014 by Tey Por Yee and Ooi Kock Aun in particular to Tey Por Yee’s claim that “he had called for an emergency Board Meeting to present the facts and evidence of (Dato’ Sri Chong’s) wrongdoing” as well as Press Statements in The Edge Markets on 31 October 2014 and the Star online on 1 November 2014. The Company also refers to its Announcements made on 27 October 2014 and 31 October 2014 with regards to the Special Notice dated 27 October 2014 received from two (2) shareholders of the Company requisitioning for an Extraordinary General Meeting (“EGM”) to be held to remove Tey Por Yee and Ooi Kock Aun as directors of the Company.

The Company wishes to rebut the statements made by Tey Por Yee and Ooi Kock Aun as follows:-

(A) Emergency Board Meeting

The Company wishes to clarify that Tey Por Yee’s and Ooi Kock Aun’s original notice to call for a Board Meeting had been very generally worded as follows:-

“1. To discuss the matters relating the Sales and Purchase Agreement dated 28.12.2012 (“SPA No. 1”) and Sales and Purchase Agreement dated 29.1.2014 (“SPA No. 2”) which replaced SPA No. 1 between the Company and PT Anglo Slavic Utama (“PT ASU”).

2. To discuss the action brought by the Company against PT ASU, Mr. Tey Por Yee and Mr. Ooi Kock Aun ie Kuala Lumpur High Court Suit No. 22NCC-362-09/2014 (“Suit 362”).

3. To discuss all other matters relating to SPA No. 1, SPA No. 2 and/or Suit 362.”

Consequently the Chairman, Tan Sri Datuk Dr. Hadenan Bin A.Jalil vide his letter of 24 October 2014 requested that Tey Por Yee and Ooi Kock Aun provide more details of the matters to be discussed. Neither Tey Por Yee nor Ooi Kock Aun responded to the Chairman’s letter. The Chairman had postponed the Board Meeting by four (4) days so as to enable all Board members to attend. Tey Por Yee and Ooi Kock Aun have not provided any explanation as to why a four (4) day postponement was in any way detrimental or prejudicial to them or to the Company’s interest.

(B) Requisition for an EGM by Shareholders under Section 144 of the Companies Act, 1965

With regards to the Special Notice dated 27 October 2014 to remove Tey Por Yee and Ooi Kock Aun as directors of the Company, the Board has been legally advised that the requisition made by the 2 shareholders pursuant to Section 144 of the Companies Act, 1965 is in order and consequently, the Board had at its Board Meeting on 31 October 2014 RESOLVED to convene an EGM on Wednesday, 26 November 2014 to consider the Proposed Ordinary Resolutions as set out in the Special Notice, as it is required to do so by law.

For the record, the Special Notice dated 27 October 2014 to remove Tey Por Yee and Ooi Kock Aun was issued two (2) days before the Special Notice dated 29 October 2014 issued by Tey Por Yee’s nominee to remove Dato’ Sri Chong Ket Pen. Further the Board has also been advised that since the requisition from UOBM Nominees (Tempatan) Sdn Bhd and Tan Heng Kui was made pursuant to Section 144 of the Companies Act 1965, the law requires the Company to convene the EGM or bear the cost and expenses of the shareholders convening the EGM under Section 144(3) of the Companies Act 1965. In contradistinction, the requisition made by Tey Por Yee’s nominee was pursuant to Section 145 of the Companies Act 1965. Section 145 allows two or more shareholders to convene an EGM at their own cost and expenses.

The choice of which provision of the Companies Act 1965 each requisitionist wishes to invoke is up to them and the Company has no control over the shareholders’ action.





(C) Legal Action Against Tey Por Yee and Ooi Kock Aun

The Company wishes to state that the Board had taken legal action against Tey Por Yee and Ooi Kock Aun based on investigations undertaken in the past few months and all actions undertaken including the decision to sue Tey Por Yee and Ooi Kock Aun personally were made in the best interests of the Company. Investigations were undertaken on the SPA dated 29 January 2014 with PT ASU by the Investigation Committee of the Company. The decision to form an Investigation Committee was made in July 2014 and members of the Investigation Committee comprise of Independent Directors of the Company.

(D) Purported Wrongdoings by Dato’ Sri Chong Ket Pen

Although Tey Por Yee and Ooi Kock Aun claim to have evidence of alleged wrongdoings by Dato’ Sri Chong Ket Pen, they have not presented any evidence of Dato’ Sri Chong Ket Pen’s purported wrongdoings to the Board prior to instituting a derivative action on behalf of the Company on 28 October 2014. The Board did not suspend Dato’ Sri Chong Ket Pen and will only act after due consideration of all evidence.

The Board refutes any allegations of bias and will continue to act in the best interests of the Company as it has always done so.

Date: 5 November 2014

PETALING JAYA - Protasco Bhd has filed a second legal suit against director Ooi Kock Aun and PT Goldchild Integritas Abadi, to seek a refund of a US$5.16 million (RM17.28 million) deposit under a coal trading agreement, after discovering that Ooi had interest in PT Goldchild and that he had not declared the interest.

It also wants the coal trading agreement to be declared void and in breach of the Companies Act 1965.

"The company has discovered that both Ooi and another director Tey Por Yee have interests in PT Goldchild. These discoveries were made after Protasco filed its first legal suit against Ooi and Tey in September 2014," said the company.

According to Protasco, Ooi was a director of Protasco at the time the company entered into the coal-trading agreement with PT Goldchild, but did not disclose his interest in the transaction, although he was under obligation to do so.

Protasco said it has been advised that Ooi's failure to declare his personal interest contravenes Section 132E of the Companies Act, thus rendering the coal-trading agreement void.

"Ooi is also personally liable to account to the company for any direct or indirect gain made from the agreement and/or to indemnify the company for losses and/or damages suffered."

The suit was filed last Friday at the Shah Alam High Court.

Protasco said it had agreed to undertake coal trades with PT Goldchild under an agreement dated Feb 4, 2014 via Protasco Trading Sdn Bhd, and paid a US$5.16 million deposit to PT Goldchild. The deposit was to be deducted in stages against future coal trades.

The suit follows one filed against PT Anglo Slavic Utama (PT ASU) in September to recover US$27 million in monies paid for a deal, which has since been aborted. Tey and Ooi were also named in the suit for conspiracy to defraud, hiding their beneficial interests in PT ASU, making secret profits and breaching of their fiduciary and statutory duties.

"Protasco has also begun committal proceedings against Tey, Ooi and lawyer Gideon Tan for attempting to interfere with a key witness related to the first legal suit. These attempts to interfere by Tey, Ooi and Gideon Tan are attempts to pervert and/or obstruct the course of justice in respect of Protasco's suit in relation to PT ASU," it said.

The High Court has fixed Dec 8, 2014 to hear the committal proceedings where Tey, Ooi and Gideon Tan are expected to show cause as to why they should not be fined or committed to imprisonment for contempt of court. -Sundaily



Full article: http://www.malaysia-chronicle.com/index.php?option=com_k2&view=item&id=405302:protasco-files-2nd-legal-suit-against-director-ooi-for-alleged-vested-interests-in-coal-deal&Itemid=3#.VHJypmqlZxs#ixzz3JwGh7ZFe
Follow us: @MsiaChronicle on Twitter

Corporate Governance in Malaysia
A Blog about Corporate Governance issues in Malaysia and more in general about investing
Sunday, 28 September 2014

Protasco's Puzzling Purchase (7)
Three independent directors of Nexgram resigned according to announcements on the Bursa website (here, here and here).

The three directors were unanimous in their reason to resign:

"Because of the newspaper report on Protasco Berhad filing legal suit against a director of the Company."

Quite remarkable to give a development in another company as the reason for ones resignation.

The Star published an interesting article regarding this same matter: "More than meets the eye".


"The resignation of three Nexgram Holdings Bhd directors, following a suit by Protasco Bhd against Nexgram founder Tey Por Yee, has raised some eyebrows within industry circles. Observers are questioning the reasons for the directors resigning from Nexgram right away following the suit. The directors in question are Leou Thiam Lai, Ungku Razak Ungku Rahman and Yap Siok Teng. Nexgram, in announcing their resignations to Bursa Malaysia, said that they had resigned “because of the newspaper report on Protasco filing a legal suit against a director of the company”. It, however, did not elaborate. Questions are being raised as to whether there is something else brewing in Nexgram which caused this succession of events."


For the time being it seems Nexgram is "rather light" on independent directors. That however didn't stop the company (listed on the ACE market) from making another announcement, from The Star again:


"Nexgram, which started off as a mobile applications and platform provider, said the proposed acquisition would allow it to “participate in Fiji’s economic development and growth process, which is still currently in the early stages of development” and that the proposed deal would be financed by a combination of internal funds and/or bank borrowings."


I don't immediately see the synergy between a Malaysian based tech company and a Fiji based developer.

Regarding Protasco, an interesting situation seems to be that the company is not taking any steps to remove Tey Por Yee and Ooi Kock Aun as directors, despite filing a legal suit against them for "breach of their fiduciary and statutory duties including the duty to disclose their interest in the transaction, conspiracy to defraud Protasco and the making of secret profit".

Apparently, both Tey and Ooi are still welcome to stay on as directors of Protasco and to join board meetings.

There is quite an interesting web of connections between Protasco, Nexgram and PT Inovisi Infracom Tbk. To be continued.

M.A. Wind at 15:42
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1 comment:

Anonymous30 September 2014 07:41
From Nexgram's annual report, the 3 independent directors had been appointed directors from 2005 to 2008. After that long relationships, why the abrupt resignation.

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About Me

M.A. Wind
Singapore
Investor, Mathematician and Software Developer from The Netherlands. I lived with my Malaysian wife in Malaysia for 16 year, recently moved with my family to Singapore and started to shift my attention from the Malaysian market to the markets in Singapore and Hong Kong. I am involved in "angel" investing in start-up companies, mostly in Malaysia and Singapore.
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Revealing the truth and fact is not defaming. My agenda? Collecting as many good karma as I can.

For you who want to hold on nexgram should consider this:

1. The shares is overvalued because in the past Tey Por Yee and his cohorts always frying the value. The real value is 0,01

2. The BOD resigned following Protasco first lawsuit and up to now no replacement is brought in. Why? Cause no real manager want anything to do with this company.

3. The auditor found RM 90milion unexplained irregularity when preparing Nexgram's financial report.

4. Most of their projects is as good as dead.

5. All substantial shareholders offloading their shares to the market and their nominee.

6. TPY and his cohorts are most likely be guilty of: money laundering, contempt of court, perjury, and embezzlement.

The one man who must be watching the whole boardroom tussle at Protasco (Read here ) must be Bill Ch’ng of Malaysia Pacific Corp Bhd.

You see earlier this year They and his nominees came in like a white knight to buy a stake in Bill Ch’ng’s vehicle.

MPCorp had been all sorts of financial distress and mired in all sorts of debts which I won’t bore you with here. And here came Tey Por Yee screaming like the old Mighty Mouse cartoon “Here I come to save the day”.

But even as TPY (as we shall refer to him now) rode in his so-called merry men had been huddled in Eastin Hotel PJ discussing in their own words “another Protasco.”

What is another Protasco? I shall go into more details soon but basically here’s how the game is played by the TPY syndicate:

1. Seek out either financially distressed companies and offer to buy a stake.

2. Pay for it by injecting some other unknown companies (usually from Indonesia).

3. Alternatively offer the financially distressed company a way out by introducing management to a sweetheart deal or option in a company secretly controlled by his people.

4. The catch is of course some of these deals don’t exist or are questionable in the first place.

5. Finally have the financially distressed company pay out large sums of money as deposits or downpayment for the deal. The deals eventually fall through but the money never comes back.

It is really one of the oldest games around because it preys on two human factors – desperation and greed.

There is little difference in what the TPY syndicate does and what the common common men does except these are big stakes.

This is what he did with Protasco. And I shall elaborate further on what he has done with other companies he has touched in the last few years in my next posts.

So Bill Ch’ng get out of this deal if you can. But I am sure you are so desperate you cannot bring yourself to do this. Portico has done the right thing by exposing this man for what he is. But is Bill Ch’ng blind to this?

Watch this space.

Technically Tey did not spend his own money to fund the Fiji's project because he merely channelled the money paid by Protasco...I believe the amount is US 35million, better known as: money laundry.

SC everywhere is not smart. Looks at SEC in the USA, the practically cannot do a shit to prevent or to mitigate the 2008 financial crisis, instead only looks in horror and awe.

My email address? Teyporyee@risingrich.com or ooikockaun@angloslavic.com

Indeed...Tey and Ooi use of defamation to build up arguments is mental illness. They don't have the truth on their side so they resorts to libelling their enemy.

I'll do my best to save all of you...so no need to rest.

@alice, the bursa always passive and waits for the announcement sent by the listed company. Without TPY, NG is just an empty shell....

@steve, he collects protasco's shares as a preparation for the upcoming EGMs.

@steve, sure, Fiji's project is confirmed, like the oil and gas project with pertamina that was also confirmed but now dead.

@steve, you couldn't be more wrong, nexgram are an important vehicle used by TPY and OKA to deceit protasco....

@Steve, actually no...without Tey Por Yee, nexgram is as good as dead..likewise, without Dato Chong protasco is a goner.

@tom, not trying to confuse you because my position is clear: stay away from nexgram.

@keong, he sell to hide his asset in case the court founds in protasco's favour.

@bing, yes, race to early grave...

@keong...they faced difficulties in finding new directors eh? It seems nobody want to touch that company.

@Keong, correct, protasco's BOD will be different in december because Tey and Ooi already out..

@marina, all indication shows that number is the real value of nexgram.

@Keong, no worries, as admitted by the writer he don't know who's telling the truth but I do. One thing for sure, Dato Chong will remains as Protasco's group managing director on 2015 and years to come....

Bing...the people at protasco's forum already well learned...it is nexgram's people that requires the education...

@marina...of course I am very rationale...because I refrains myself from investing in a company which directors doesn't believe the said company and the founders offloading their own shares to the market.

@86, nope, protasco is undervalued not bearish...NG on the other hand is overvalued...the real value is 0,01.

Bing...I gave the biggest cut there is: cut loss on nexgram asap.

There's nothing contradictory on my statements because I always maintains that Tey Por Yee and Ooi Kock Aun are the villains in this story.

Bing, nope, I means cash in....

Keong, Errol Oh corrects...Chong and Tey cannot be correct at the same time and the villains in this story is Tey Por Yee and his cohorts.

Bing, you have means to have internet connection right? That is enough to do your research...

Like I said, market will always have its' ups and downs, bullish and bearish...I has had my losses but never too big because I know when to cut loss or cash in...and now all indication shows that nexgram's end is near...if you have profit better cash in and if you have loss better cut your loss...

Actually I copy paste all of the article from a blog to protasco and nexgram's forum.

Repeating a debunked arguments.....your boss is toasted then, unless they could conjure up a better argument.

I do...I care about my investment so I research every aspect of the company I put my money in. But you guys seems so lacks of research...

Been there done that.....

Definitely not Tey Por Yee and Ooi Kock Aun

Bing, I repeatedly said that this is a mere message board not a court of law...we should adhere to the court's judgment but at this point we needs to choose who to believe...