Reports on the syndicate involving this counter has been lodged to all authorities.

Stay tune For more updates.

International authority is assisting Malaysia

OpporturnityHunter @justicewillspeak, I think the police MACC BNM can do more to gather more information. Not only to investigate these companies. Also, to investigate their external auditors. If found any fake generated figure, revoke their license and send them to jail too.

To tell You the truth. Not only auditors, even share registrar, independent poll, independent adviser, RPV, etc all waiting to be arrested by authorities.

Im just ready for popcorn

What happen to the external auditors who audited IMDB..precedent case think b4 you post on things pluck from the air..

Cheers ..

FYI, SC got AOB to monitor the auditor of plc. All evidences have been submitted to them. Im Just waiting for show only.

Ready your popcorn

The police MACC BNM are gathering more evidences

Stay tune For more update

Im ready popcorn

This all companies controlled by one boss. I waiting MACC to arrest him

Popcorn ready

Waiting popcorn from bank negara Malaysia and MACC action

The Syndicates in Malaysia stock market is gaining momentum and out of hand, not only running out of stocks to churn out cash in public listed companies, but went hostile on many new public listed companies, such at latest AT Systematization Bhd (AT Bhd) on Asdion Bhd?

Scoping up new public listed companies shares, hype up Voluntary General Offer (VGO) and later use their cash in existing public listed companies to buy their own shares in other new public listed companies, becomes a flood gate in Bursa Malaysia. Malaysia financial daily The Edge did 3 special coverages on the same “mastermind” pin pointing the problem in the system in September 2020 and recently 2 articles in March 2021.

The questionable abuse of “hostile ruling” by using “investment in other public listed company shares” as proof of fund for such scheme, raise eye brow in the capital market, questioning the out-dated rules and flaws in the regulatory system. If The Edge investigation is true, the Syndicates repeatedly pumping cash to print new shares and subsequently taken out the cash buying related party shares is indeed left unchecked, the get rich quick money game of Bursa Malaysia might create a bigger issue in capital market.

To understand who is behind the scene is not rocket science. Take the crown jewel of the Syndication, the tightly controlled Focus Dynamics Group Bhd largest 30 shareholders list which held 96.367% as of latest Annual Report 2019 for example.

The suspected mastermind early days shield were namely in offshore accounts such as Credit Suisse Group AG (HSBC Nomminee(Asing) Sdn Bhd), UBS Group AG (Citibank Nominee (Asing) Sdn Bhd), split holding under other nominee accounts such as Maybank Kim Eng Securities Pte Ltd, CGS-CIMB Securities (Hong Kong) Limited, Barclays Bank PLC, and, DB (Malaysia) Nominee (Asing) Sdn Bhd– Exempt An for Nomura PB Nominees LTD.

Obviously the related parties are within the list of shareholders in Focus Dynamics Group Bhd, namely “Sanston Financial Group Limited, Lazarus Securities PTY LTD, Carol Vun On Nei, and of cause Mak Siew Wei” just to name a few obvious.

Sanston Financial Group according to Zoom Info Hong Kong authority record is a 9 staff tiny brokerage house with approx US$1 million revenue. The other vehicle Lazarus Securities PTY LTD was the off market transferee from Sanston Financial Group of the Asdion Bhd shares to camouflage the trail that Sanston Financial Group is indeed a major shareholder of AT Bhd, potential in breach of related party transaction. Carol Vun On Nei is the sister of Kenneth Vun Yun Lun, while Mak Siew Wei is the best actor acting in concert with the suspected mastermind.

The crunch came when the Syndicates cornered and pumped Focus Dynamics Group Bhd shares to ultra-inflated value of RM3 billion (RM3,000,000,000) after series of share issuances, on a share price of RM0.50 and NTA of RM0.0281. Cashing out through “divestment” of 1,605,197,076 shares to FINTEC GLOBAL BERHAD (through Asiabio Capital Sdn. Bhd.). To recap, Fintec Global Bhd did series of share issuance and money pump into FIntec Global Bhd is handsomely taken out through the same modus operandi. As of latest quarterly report, FIntec Global Bhd has RM1.18 billion “Investment in securities” while cash and equivalent stood at RM117 million. How did Fintec Global Bhd shareholders approved a RM1.18 billion “investment” out of RM1.34 billion total equity? The investment decision of Fintec Global Bhd if not knowingly acting in concert with the investee (Focus Dynamics Group Bhd), must be the expert of all experts delivered RM800 million “capital gain” for 31 Dec 2020 results.

The RM3 billion Focus Dynamics Group Bhd “shell” is perfect for not only Fintec Global Bhd but “many other” potential candidates within the Syndication group of companies to cash out?

Obviously the Syndicates need to find more “public listed shares” to feed the greed engine which is out of hand right now.


The latest crunch came into Asdion Bhd when the same “shield” accounts CGS-CIMB Securities (Hong Kong) Limited and DB (Malaysia) Nominee (Asing) Sdn Bhd– Exempt An for Nomura PB Nominees LTD transfer the shares to 50 nominee accounts acting in same pattern and same time, obviously under same instructions, where Sanston FInancial Group transferred the shares to Lazarus Securities PTY LTD. The beneficial owner of these accounts with special interest in “penny stocks” is obviously carrying same list of nominees in all the Syndicated public listed companies.

https://kennethvunyunlun.wordpress.com/2021/03/30/kenneth-vuns-money-game-of-bursa-malaysia-probed-shield-sanston-financial-group-limited-and-focus-dynamics-group-berhad-investigation-exposed/

Useless managements need to change

KUALA LUMPUR (April 19): M3 Technologies (Asia) Bhd's shareholders rejected the mobile solutions provider’s proposed private placement at an extraordinary general meeting today.

The group said seven shareholders controlling 146.1 million shares had rejected the resolution calling for the placement, versus four shareholders controlling 76.38 million shares who voted in favour of the resolution.

In terms of percentage of voted shares, 65.67% voted against the resolution, while 34.33% was in favour.

Proposed on March 15, the private placement involved 232.15 million shares or 30% of share capital to raise RM9.82 million. Of that amount, RM4.7 million was to be used for the enhancement of the group's i3TeamWorks, development of i3Desktop and marketing. Another RM4.54 million was to be used as working capital.

The group had completed another private placement on Jan 18, placing out 128.54 million shares or 20% of its share base at the time.

Had the latest placement gone through, M3 Technologies' share capital would have increased to 1.01 billion shares, from 773.82 billion shares currently.

M3 Technologies' share price rose 0.5 sen or 11.11% to close at five sen today, valuing the group at RM38.69 billion. The counter saw 25.21 million shares traded.

The swiss group and sanston group in Hong kong are controlling by the same individual Behind all the penny stocks. Just Wait For more arrest is coming.

More arrest is coming. Just Wait and see

The Syndicates in Malaysia stock market is gaining momentum and out of hand, not only running out of stocks to churn out cash in public listed companies, but went hostile on many new public listed companies, such at latest AT Systematization Bhd (AT Bhd) on Asdion Bhd?

Scoping up new public listed companies shares, hype up Voluntary General Offer (VGO) and later use their cash in existing public listed companies to buy their own shares in other new public listed companies, becomes a flood gate in Bursa Malaysia. Malaysia financial daily The Edge did 3 special coverages on the same “mastermind” pin pointing the problem in the system in September 2020 and recently 2 articles in March 2021.

The questionable abuse of “hostile ruling” by using “investment in other public listed company shares” as proof of fund for such scheme, raise eye brow in the capital market, questioning the out-dated rules and flaws in the regulatory system. If The Edge investigation is true, the Syndicates repeatedly pumping cash to print new shares and subsequently taken out the cash buying related party shares is indeed left unchecked, the get rich quick money game of Bursa Malaysia might create a bigger issue in capital market.

To understand who is behind the scene is not rocket science. Take the crown jewel of the Syndication, the tightly controlled Focus Dynamics Group Bhd largest 30 shareholders list which held 96.367% as of latest Annual Report 2019 for example.

The suspected mastermind early days shield were namely in offshore accounts such as Credit Suisse Group AG (HSBC Nomminee(Asing) Sdn Bhd), UBS Group AG (Citibank Nominee (Asing) Sdn Bhd), split holding under other nominee accounts such as Maybank Kim Eng Securities Pte Ltd, CGS-CIMB Securities (Hong Kong) Limited, Barclays Bank PLC, and, DB (Malaysia) Nominee (Asing) Sdn Bhd– Exempt An for Nomura PB Nominees LTD.

Obviously the related parties are within the list of shareholders in Focus Dynamics Group Bhd, namely “Sanston Financial Group Limited, Lazarus Securities PTY LTD, Carol Vun On Nei, and of cause Mak Siew Wei” just to name a few obvious.

Sanston Financial Group according to Zoom Info Hong Kong authority record is a 9 staff tiny brokerage house with approx US$1 million revenue. The other vehicle Lazarus Securities PTY LTD was the off market transferee from Sanston Financial Group of the Asdion Bhd shares to camouflage the trail that Sanston Financial Group is indeed a major shareholder of AT Bhd, potential in breach of related party transaction. Carol Vun On Nei is the sister of Kenneth Vun Yun Lun, while Mak Siew Wei is the best actor acting in concert with the suspected mastermind.

The crunch came when the Syndicates cornered and pumped Focus Dynamics Group Bhd shares to ultra-inflated value of RM3 billion (RM3,000,000,000) after series of share issuances, on a share price of RM0.50 and NTA of RM0.0281. Cashing out through “divestment” of 1,605,197,076 shares to FINTEC GLOBAL BERHAD (through Asiabio Capital Sdn. Bhd.). To recap, Fintec Global Bhd did series of share issuance and money pump into FIntec Global Bhd is handsomely taken out through the same modus operandi. As of latest quarterly report, FIntec Global Bhd has RM1.18 billion “Investment in securities” while cash and equivalent stood at RM117 million. How did Fintec Global Bhd shareholders approved a RM1.18 billion “investment” out of RM1.34 billion total equity? The investment decision of Fintec Global Bhd if not knowingly acting in concert with the investee (Focus Dynamics Group Bhd), must be the expert of all experts delivered RM800 million “capital gain” for 31 Dec 2020 results.

The RM3 billion Focus Dynamics Group Bhd “shell” is perfect for not only Fintec Global Bhd but “many other” potential candidates within the Syndication group of companies to cash out?

Obviously the Syndicates need to find more “public listed shares” to feed the greed engine which is out of hand right now.

All are being controlled by sanstons group from Hong kong.

The real mastermind is an individual aged 50 from Malaysia that his name is not in the stock market

All the other people are being controlled by this mastermind

The authorities are investigating this company. Stay tune for more information

Wah ah long

Kesian Chung Chee yang

Anything interesting happening in the EGM?

Complaint Already forwarded to securities commission, bursa security, MACC, BNM, LHDN

There are witness to testify as well

Evidence from money trail account

Using Nominee Hong kong company offshore account BVI to launder money.

Those not yet register Please register EGM

From mustvote

The 23.4% is base on 21/5/2020 records. After the PP/ESOS/SIS, the total shares has increased and as such, the 2 major shareholders is now at around 18%, since both shareholding has not changed since 21/05/2020. See my analysis below link.

Express your ANGER on 12th April 2021
https://klse.i3investor.com/blogs/ATS_EGM/2021-04-04-story-h1563156696-Why_all_Retail_Investors_in_ATS_should_use_Remote_Participation_Voting_.jsp

Nobody hates this counter. Just dont invest in scam company. Thats all. Left hand to right hand all using different individual to cheat real genuine retail investors


We should not gamble in this kind of stock. If director is genuine they will Keep on buying their own shares just like hartalega genting topglove


Definitely not this CON counter