PROTASCO BHD

KLSE (MYR): PRTASCO (5070)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.23

Today's Change

+0.005 (2.22%)

Day's Change

0.22 - 0.23

Trading Volume

3,601,800


16 people like this.

5,875 comment(s). Last comment by Dehcomic01 2024-07-16 14:39

Fredinan

60 posts

Posted by Fredinan > 2014-11-20 21:07 | Report Abuse

So? Dirty dirty tricks. Like watching porn. Watch you boss count down. Everyday even after egm. Small investors will stone him by vote. Never end.

joerakmo

725 posts

Posted by joerakmo > 2014-11-20 21:22 | Report Abuse

What dirty tricks.TPY brought this upon himself....maybe you all advise him wan? Opportunity for you all loyal supporters to be his proxy director lor...but,but you have to qualify first!!!
HAHAHAHA

moonblog

31 posts

Posted by moonblog > 2014-11-20 21:30 | Report Abuse

Vote Chong out. Vote joeromo Chong in!

Redhood

7 posts

Posted by Redhood > 2014-11-20 23:18 | Report Abuse

As cans see from his staff, they never expect what is coming. Cut lost or feels the pain, go vote Chong out.

Posted by jamestey > 2014-11-21 13:30 | Report Abuse

i will vote tey and ooi out

moonblog

31 posts

Posted by moonblog > 2014-11-21 16:34 | Report Abuse

Still not see problem? Whoever vote in or out. Will never end. The other side will buy more and fight back. Another egm then another egm. The consultants make all money, 3 sho hai keep being used to make money. As can see from both side staff.

Company die because no ending. Worst, more old shxt gets out especially construction business - most dirty when involve contracts. Then politician toy boy.Share price anyone not run yet, die also. Look back later will be so stupid. Sad.

joni

1,258 posts

Posted by joni > 2014-11-21 18:35 | Report Abuse

上當不是別人太狡猾,而是自己太貪。

connect1

86 posts

Posted by connect1 > 2014-11-22 14:23 | Report Abuse

Protasco Berhad (“Protasco” or the “Company”) wishes to announce that by a Coal Supply Agreement dated 4/2/2013 (the “Agreement”), Protasco Trading Sdn Bhd (“PTSB”), a subsidiary of Protasco had entered into an agreement to undertake coal trades with PT Goldchild Integritas Abadi (“Goldchild”), an Indonesian company.
Pursuant to the terms of the Agreement (and to facilitate coal purchases), a USD5,161,290 deposit (“Deposit”) was paid by PTSB to Goldchild. The Deposit is to be deducted in stages against future coal trades.
Reference is now made to the announcements dated 22/9/2014 and 24/9/2014 wherein the Company had announced that it had filed a legal suit against one PT Anglo Slavic Utama, an Indonesian company and two (2) directors of the Company, namely Tey Por Yee and Ooi Kock Aun (the “1st Legal Proceeding”).
Subsequent to the 1st Legal Proceeding, the Company has further uncovered that both Ooi Kock Aun and Tey Por Yee have interest in Goldchild. This interest was not disclosed by Ooi Kock Aun to the Company. Ooi Kock Aun is a director of the Company at the time of the entry into the Agreement between PTSB and Goldchild and is obliged to disclose his personal interest in the transaction. Based on legal advice received, Ooi Kock Aun’s failure to make a disclosure of his personal interest contravenes Section 132E of the Companies Act, 1965 therefore rendering the Agreement void and Ooi Kock Aun personally liable to account to the Company for any gain which he had made directly or indirectly from the Agreement and/or to indemnify the company for losses and/or damages suffered
Protasco wishes to announce that Protasco has today filed a legal suit at the Shah Alam High Court against Goldchild and Ooi Kock Aun. Protasco’s claim against Goldchild and Ooi Kock Aun is inter alia for a declaration that the Agreement is void and in breach of the Companies Act, 1965 and for a refund of the Deposit paid.
Protasco wishes to state that the aforesaid legal proceeding has no significant immediate adverse impact to the current financial position of Protasco.

humanmask

24 posts

Posted by humanmask > 2014-11-22 14:29 | Report Abuse

All in the knowing and execution by Chong, if any of these are breached, he is first to get it. Until too far exposed of his finger print in executing all these, his staffs still keeping incriminating Chong with all the allegation with no documents support, spamming every where. Sick or what?

humanmask

24 posts

Posted by humanmask > 2014-11-22 14:32 | Report Abuse

Even the blogs are used to spam here and there. There more these people do it, the worst off the company. http://anotherbrickinwall.blogspot.com/2014/11/why-spend-rm97-million-to-cheat-company.html

One is keep false allegation, one is keep open the other side can of worm. The more it goes and stubborn, the more both side gets it. Even newspapers are starting to see "BOTH ARE NOT TELLING ALL STORY", both took part doing deals, solve both side fairly. Stop abusing the company.

AliceTey

802 posts

Posted by AliceTey > 2014-11-22 14:38 | Report Abuse

I just want to add several facts with regards to the on going case:

1. Protasco’s allegation against Tey Por Yee and Ooi Kock Aun in their lawsuit are that the two directors try to deceive Protasco and making secret profits by establishing an Indonesian companies (PT Anglo Slavic Utama/ASU and PT Anglo Slavic Indonesia/ASI) and inducing Protasco to buy ASU’s shares in ASI without disclosing that they are the owners of ASU and ASI.

2. Tey Por Yee’s lawsuit through Kingdom Seekers are vexatious at best because after Dato Chong’s last press conference, Tey finally admits that the RM 10million wired to Dato Chong’s bank account was actually part of a payment for a RM 20million loan received by Tey so he would be able to finalize the purchase of Protasco’s share. Larry also said to media, to the effect that he refused to return the rest RM 10million he owed to Dato Chong.

3. It is not that Dato Tan Sri takes side with Dato Chong, but he acted as what he did because Larry Tey/Tey Por Yee failed to produce any documents evidencing Dato Chong’s wrongdoing when he was given chance to during the board meetings.

4. The website http://www.angloslavic.com is registered under Abamon Technology Sdn Bhd who shares the same address as Nextnation Communication Berhad, the former name of Nexgram, where Tey and Ooi are substantial shareholders. Abamon is wholly owned by PT Inovisi through Code Wireless PTE LTD.

5. PT Green Pine who owned 60% of PT Inovisi’s shares is an alter ego of Tey Por Yee and Ooi Cock Aun. PT Inovisi is the subject matter of security.

6. Modern Profit LTD, a company owned by Tey Por Chen, the brother of Tey Por Yee is a subsidiary of PT Inovisi.

7. Ooi Cock Aun is a finance director fo PT Inovisi.

8. The sole director of Acclaim is Lim Sue Fern, the wife of See Poh Yee who held substantial shares in Nexgram and together with Tey Por Yee graduated from the University of Manitoba, Canada, 1998. Acclaim is the third party security provider.

9. Tey Por Yee, Tey Por Chen, See Poh Yee are the founders of Nexgram and all of them currently offloading their Nexgram’s shares to the market. Nexgram’s directors resigned when Protasco filed it lawsuit against Tey and Ooi.

10. Protasco has lodged two lawsuits against Tey and Ooi, the first for contempt of court on grounds of tempering with witness, second for Ooi’s attempts to make secret profits from Protasco’s dealing with PT Goldchild Integritas Abadi, which should be add is another alter ego of Tey and Ooi.

All of the above informations can be obtained by googling.

That being said, I found that the one who is without integrity is Larry Tey Por Yee and Adrian Ooi Kock Aun.

Facts giving rise to the case:

1. On November 2012, Tey Por Yee brought a potential investment opportunity to Protasco, which involve the purchase of 76% shares of the total issued share capital of ASI. ASI owned and controlled 49% of PT Firman Andalan Sakti/FAS which owned 70% of PT Hase Bumou Aceh/Haseba.. Haseba had entered into a partnership agreement with PT Pertamina to develop and produce oil and gas in the Aceh Province, Indonesia (the “Project”).

2. Protasco entered into a sale and purchase agreement with ASU for the acquisition of 76% of the share capital of ASI amounting to USD 55million (“SPA”). Pursuant to the SPA, Protasco deposit amount of RM 50million to ASU’s account.

3. Due to significant material discoveries made through the Due Dilligence, Protasco secured a reduction to the purchase price and signed the Amended and Restated Sale and Purchase Agreement. Some Conditions Precedents were not fulfilled on the side of ASU because it is actually not attainable.

4. During a board meeting of Protasco to discuss the issue of SPA’s which resulted in the formation of the investigation committee/IC, Larry Tey vigorously defended ASU.

5. The finding of the IC, inter alia, are as follows:

a. Larry Tey first approached Dato Chong in November 2012 through his vehicle, Global Capital Limited to jointly develop an oil and gas project based in Indonesia;

b. Larry Tey and Adrian Ooi are the beneficial owners of: ASU, PT Inovisi, Acclaim Investment Limited, and PT Green Pine (the largest single owners of PT Inovisi).

6. In view of the findings from the investigations, it became evident that Protasco had been a victim of deception, and fraud by ASU, Larry Tey and Adrian Ooi since neither of them disclosed their personal interest in ASI to the board of directors of Protasco as they are required unde rthe law. In fact, Protasco was wrongly led to believe that the business opportunity to invest in ASI with ASU is undertaken at arms length.

Lierchong

31 posts

Posted by Lierchong > 2014-11-22 18:45 | Report Abuse

This lier chong staff keep spamming defamation claims without document to substantiate. Keep verbal allegation and spam here and there. Sicko.

Lierchong

31 posts

Posted by Lierchong > 2014-11-22 18:45 | Report Abuse

If any moderator here should report police to put him in jail.

86868

1,201 posts

Posted by 86868 > 2014-11-22 18:49 | Report Abuse

Wahhh....like chinese opera......

AliceTey

802 posts

Posted by AliceTey > 2014-11-22 18:50 | Report Abuse

If I am "chong's staff", then should I say that you are Tey and Ooi's staff trying to bury your boss' crimes? You can google yourself for everything that I wrote can be found in the internet, for example, if you have decent IT skill then you can check that www.angloslavic.com is registered under Abamon, then you can trace that Abamon's address is actually the same as nexgram's address. Then you can research further to the facts that Abamon is a subsidiary of PT Inovisi. If you are not lazy, you can go research the controlling shareholders of PT Inovisi is PT Green Pine, which is owned by a unknown BVI's company which shareholder is a Malaysian company connected to Seh Poh Yee, the co-founder of Nexgram. Need to continue?

nich0las

2,787 posts

Posted by nich0las > 2014-11-22 19:15 | Report Abuse

Tey Por Yee disposed more unit from Nexgram. hmm..... http://www.bursamalaysia.com/market/listed-companies/company-announcements/1802157

humanmask

24 posts

Posted by humanmask > 2014-11-22 22:01 | Report Abuse

Oh yea, I just found out your mother is a women! So?

humanmask

24 posts

Posted by humanmask > 2014-11-22 22:01 | Report Abuse

I also found out your father is a man! Oh Yes! and?

humanmask

24 posts

Posted by humanmask > 2014-11-22 22:04 | Report Abuse

If you are not lazy, you will also find out your ancestor are ape, and you are relative to Monkey and reptile, and hey, they are all called animals, and by the way, they all lives on earth! Nonsense.

Posted by pusyChong > 2014-11-22 22:25 | Report Abuse

Lets Balance the lies of Chong Ket Pen to mirror his lies:

1. Protasco’s allegation against Tey Por Yee and Ooi Kock Aun in their lawsuit are that the two directors try to deceive Protasco and making secret profits by establishing an Indonesian companies (PT Anglo Slavic Utama/ASU and PT Anglo Slavic Indonesia/ASI) and inducing Protasco to buy ASU’s shares in ASI without disclosing that they are the owners of ASU and ASI.

>> everything lead back to 3 nov 2012 Chong Ket Pen sign an agreement to engage GCap, a HK nationality advisory firm, like Goldman Sachs or CIMB to source, restructure and advise on Oil Asset to fit investor favor in oil & gas stocks. The 2 consultants (who presume carry CIMB name card if they work there), based on client (protasco & vendor) source, structure and manage the project. So this is all advisory firm does, and Chong Ket Pen lie that "he dont know about it?" Chong Ket Pen further claims the "CIMB name card holders consultants doing project are Directors and owners of CIMB.
Chong should show SSM record document to substantiate if true. Show 3 Nov 2012 shareholders agreement to substance his claims.

2. Tey Por Yee’s lawsuit through Kingdom Seekers are vexatious at best because after Dato Chong’s last press conference, Tey finally admits that the RM 10million wired to Dato Chong’s bank account was actually part of a payment for a RM 20million loan received by Tey so he would be able to finalize the purchase of Protasco’s share. Larry also said to media, to the effect that he refused to return the rest RM 10million he owed to Dato Chong.

>> which newspaper did Chong Ket Pen read his victim "admits" that the RM10mil wired to Chong bank account was part of a payment of rm20mil loan? Chonglier Press? The fact is Chong denied and lied to newspaper he "is not owner of maha niaga and he deny receive rm10mil, then days later found out excuse he admit to press he took the rm10mil, and it’s a loan repay.
Ask Lier Chong: show the loan agreement? The term as per victims press statement "loan to one of his victim’s company (like security deposit) and repay only after oil transaction is completed. It’s not completed so no release.

3. It is not that Dato Tan Sri takes side with Dato Chong, but he acted as what he did because Larry Tey/Tey Por Yee failed to produce any documents evidencing Dato Chong’s wrongdoing when he was given chance to during the board meetings.
>> Hard evidence given to the media, as well as to the board, and was given excuse going to investigate and question Chong on such documented evidence, the conspired board did not act on it; contra to what Chong did to his victims using fake verbal allegation, was acted immediately without even questioning them. So this is obvious not about taking side. It’s organized crime to scam and blame his victims.

Posted by pusyChong > 2014-11-22 22:35 | Report Abuse

sicko

Posted by pusyChong > 2014-11-22 22:55 | Report Abuse

4. The website angloslavic is registered under Abamon Technology Sdn Bhd who shares the same address as Nextnation Communication Berhad, the former name of Nexgram, where Tey and Ooi are substantial shareholders. Abamon is wholly owned by PT Inovisi through Code Wireless PTE LTD.
>> Most abc com my are register under few IT companies in Malaysia, and using Telekom services, and sharing Telekom Building, even inside their office, and all having shareholders as EPF, Khazanah, etc, and Tey & Ooi are also own shares in TELEKOM, GENTING, and CIMB, so they are owners of TELEKOM, GENTING and CIMB, common shareholder of EPF, Khazanah, so they own the country? What nonsense is this? When a client engaged an advisory firm like CIMB, they use all their trusted associate services – bank, brokerage, secretary firm, stationary supply, office boy service etc. So? Such conspiracy shows how brainless and dirty Chong Ket Pen is, using all sorts of no standard allegation trying to made up his “lack of documented substances” to even validate his lies. Should ask Chong Ket Pen to show the service agreement he signed dated 3 November 2012, which he knowingly engaged advisory firm for their services.
5. PT Green Pine who owned 60% of PT Inovisi’s shares is an alter ego of Tey Por Yee and Ooi Kock Aun. PT Inovisi is the subject matter of security.
>> Another typical Chong Ket Pen’s Modus operandi, open allegation without documented substance to defame his victims. Show SSM record before talking nonsense.

6. Modern Profit LTD, a company owned by Tey Por Chen, the brother of Tey Por Yee is a subsidiary of PT Inovisi.
>> Never heard off and laughable nonsense! Should show this “Chong Ltd, a company owned by Tey, owns Genting Bhd shares, made him owner of Genting bhd.” So? Another typical Chong Ket Pen’s Modus operandi, open allegation without documented substance to defame his victims. Show SSM record before talking nonsense. On the other hand, Maha Niaga (which chong denied and later admitted is his company) owns Protasco shares. So? Sicko.

7. Ooi Kock Aun is a finance director fo PT Inovisi.
>> So? Ooi was a director for Inovisi for years, before even met Chong Ket Pen. So Chong Ket Pen’s Modus operandi mental illness again “I don’t know until only yesterday”? He knew it and so what's wrong with this B.S.? Sicko.

Posted by pusyChong > 2014-11-22 22:55 | Report Abuse

8. The sole director of Acclaim is Lim Sue Fern, the wife of See Poh Yee who held substantial shares in Nexgram and together with Tey Por Yee graduated from the University of Manitoba, Canada, 1998. Acclaim is the third party security provider.
>> Another Chong ket Pen type of modus operandi illness. Show SSM record if this company has only 1 director, or even if the victim is the director at all. Chong Ket Pen engage advisory firm to do project for him, and asked for reference to source, restructure and process an asset, and ask for reference for a third party charge. Advisory firm find him trusted third party charges to help, this is how he does to innocent people. No wonder, as he does to his own savior which he cried for help before his deadline in 31 December 2012, claims he will be “eaten, diluted, allowing his boss to inject asset etc 4 letters words”.

9. Tey Por Yee, Tey Por Chen, See Poh Yee are the founders of Nexgram and all of them currently offloading their Nexgram’s shares to the market. Nexgram’s directors resigned when Protasco filed it lawsuit against Tey and Ooi.
>> So? Another Chong Ket Pen’s type of Modus operandi trying add another line of rubbish to substance his “baseless allegation”. This kind of mental illness which regards innocent people being pulled to build his self-defense, is same as saying “UOBM Nominees is the pledged securities account of Penmacorp Sdn Bhd, an investment holding company belonging to Chong, his wife Datin Hoo Chit Neo, and their sons Chong Ther Nen, Chong Ther Zern, Chong Ther Shern and Chong Ther Vern.” So? Angry Chong Ket Pen? Whatever you do to people, KAMA will pay back. Use some brain before you do thing, don’t use your reckless temper.

10. Protasco has lodged two lawsuits against Tey and Ooi, the first for contempt of court on grounds of tempering with witness, second for Ooi’s attempts to make secret profits from Protasco’s dealing with PT Goldchild Integritas Abadi, which should be add is another alter ego of Tey and Ooi.
>> Yet another Chong Ket Pen’s type of Modus operandi trying to add yet another line of lie to substance his “baseless allegation”. Next thing you know, he will sue your office boy, tea lady, toilet cleaner, dog, cat, worm and “himself” before vacated to Mental Hospital!
>> The Vendor after found out their staff being threaten, later miss leaded, and brain planted false story by Chong Ket Pen & gang*, and conducted a staff disciplinary action and questioning. The consultants engaged are responsible to understand what happen. Ethically they could have SUE the bunch of lunatics (note below) for all kinds of nonsense claims, but moron use dirty way doesn’t mean they do the same. The staff was last known fired and reported to relevant authorities on serious misconduct and given false and baseless allegations.

*Note: his son Kentucky, their lawyer Donkey, Monkey and Cowboy, staff, Charles, Santa Claus, Alibaba, etc, went through the process. (see? Leave some dignity if you still consider yourself human being, fight like a man 1 to 1, drag innocent people in to build perception is ill. Watch out for your last few years. Leave some future for your son and hairs. Hard temper idiot.)

Posted by pusyChong > 2014-11-22 22:59 | Report Abuse

Mental ill Chong use verbal mouth as "proof" and "imagination as facts", to cover up his crime and wrong doing, by putting all blame to his partners. So he claims he is innocent? B.S. lie to who? As for his documents to substantiate, he time buying excuse is "ask the police or court", where those claims he did were same old "verbal mouth as "proof" and "imagination as facts"! What a scam!

Posted by pusyChong > 2014-11-22 23:00 | Report Abuse

The sicko who past lies is traced and hunted if ever step back to the country. Watch out.

AliceTey

802 posts

Posted by AliceTey > 2014-11-23 06:39 | Report Abuse

@humantask, if your mom is a female and your dad is a male, then it's normal....but if your mom is infertile or your dad is a eunuch, then it begs the question on your existence, are you adopted or either your mom or dad cheated.

Same goes here, Tey and Ooi owns a flagship company outside Protasco in which they are the shareholders and directors? Normal.

Tey and Ooi owns dozens of companies outside Malaysia, including in BVI? normal.

But, if they induced Protasco into entering a deal with one or two of their "alter ego companies" without revealing that they are the owners because they intents to make secret profits out of Protasco even though they are obligated to do so by the law? Now, this is not normal and not business as usual.

By the way, you are wrong about our ancestors coming out from apes...it's means you don't understand at all about Darwin's theory on evolution....better do your research before saying something that you don't understand in a message board.

AliceTey

802 posts

Posted by AliceTey > 2014-11-23 07:04 | Report Abuse

@pusytey, it that the best defense you can come up with? Want to "balance things out"? Will help you to look good in front Tey and Ooi should they read this message board.

If you want to prove that they are innocent, then answer the following question:

1. Why three of nexgram's directors resigned on the same day that Protasco filed it lawsuit, reasoning?

2. If PT Anglo Slavic Utama and PT Anglo Slavic Indonesia is not Tey and Ooi's company, then what is the reason that the said company's website, www.angloslavic.com is registered under Abamon, which shares same address as their flagship company, nexgram?

3. If PT Inovisi, PT Green Pine, PT Goldchild, PT Nusantara Rising Rich is not Tey and Ooi's company, then why Abamon, Rising Rich and Goldchild is a subsidiary of PT Inovisi, and Goldchild shares the same address as PT Inovisi?

4. Who owns the BVIs' company that respectively owns PT Anglo Slavic Utama and PT Green Pine (the controlling shareholders of PT Inovisi)?

5. If Tey and Ooi are innocent, then why the needs to tempering with witness and evidence?

6. Dato Chong built Protasco from ground up and he successfully ensures the survival of the company during 1998's financial crisis without firing any employees, and as Tey and Ooi alleges that Protasco is only have one de facto ruler, Dato Chong. If this is the case, why Dato Chong needs a foreign company if he wants to siphoned the company money? He can't establish his own BVI's company and strong arms his directors into submission and entering into a "fictititous" transaction to siphons a bigger amount of money, since US$ 10 million is not that much of money for Dato Chong.

7. On contrary, if Tey and Ooi is telling the truth that Dato Chong received kick back from Indonesian companies and they magically have this information just after the fact from ASU's sole director, then what is the reason that all the supposedly group of companies used by Dato Chong to layer his kick back money are all companies owns by Tey and Ooi, i.e. PT Anglo Slavic Utama, PT Nusantara Rising Rich, and PT Goldchild Integritas Utama?

See, rather than acting cry baby like "dato chong manipulating this, dato chong manipulating that" it would be much better to structure your defense in a concise and straightforward answer. That if you are able...

AliceTey

802 posts

Posted by AliceTey > 2014-11-23 07:29 | Report Abuse

Correction for no. 6, should reads RM 10,000,000 not US$ 10,000,000. Really? Dato Chong the de facto ruler helped ensuring his company to secure US$ 22million (RM 90million) with an Indonesian company and his kick back is merely RM 10million? Come one....RM 10million is like a toilet paper for a man with Dato Chong's stature...

Lierchong

31 posts

Posted by Lierchong > 2014-11-23 08:31 | Report Abuse

Stupid assumtions. Past.

Mr alice chong. Go work with investment bank few years before spamming your lies Hundreds of companies in same building. Any consultant firms would use same address for their clients. more laughable is those companies some are subsidiaries some associates, so? Investment bank and cosec cannot work side by side? Idiot.

Non of your claims came with documents except assumptions. Interesting but fortunately as most investment banks does, they do structuring for hundreds of clients, dont think stupid client allow them to put their name as director or shareholders. Else JP Morgan would have own all the fortune 500 companies. Dick head.

A lier is a lier, guilty is guilty. Shame to not honour his words is fact as seen so far. Got gut face to face discuss lor with his victims. No guts because guilty. Therefore defraud and defame them so truth would not be told. Shame.

Lierchong

31 posts

Posted by Lierchong > 2014-11-23 08:37 | Report Abuse

Even more joke. There are stupid people who simply scare and resign. Same as people who run if a kid shouted "a bomb". So your boss do this trick, out of thousands of staff, 3 kiasu people likes to run. You successful use as extra point to cover up your lack of basis and substance? I am no lawyer but basic human comment on giving truth some justice. Ask the old man if he has dignity to what he did, line by line in what he sign, instead spamming on who own what nonsense. It's irrelevant as he knew what he promise and did. His guilty haunt him for his live if he does not confess and rectify before too late. Dies along the company for his stubbornness.

Posted by lemonlemon > 2014-11-23 08:45 | Report Abuse

Lier/Fredinan/Moon/Hood = 1 Man = TPY Slave.

These arent claims. These are facts available in star/malaymail/edge/bfm. How about yours? Written from a script TPY gave u eh?

AliceTey

802 posts

Posted by AliceTey > 2014-11-23 08:58 | Report Abuse

@liartey...

Can't answer eh?

If you boss defense is this weak, then you should find another job because at the end of the day Tey Por Yee and Ooi Kock Aun will be bankrupted and their life work? Gone in a blink of an eye..afterward they will go straight to jails for contempt of court, embezzling company's money and forgering documents...that's like what? 10 to 15 years?

Let's recap:

1. PT Anglo Slavic Utama-PT Anglo Slavic Indonesia-PT Nusantara Rising Rich-PT Inovisi Intracom Tbk-PT Green Pine-PT Haseba-PT FAS-Abamon-PT Goldchild Integritas Abadi-Acclaim-all owned by Tey Por Yee, Ooi Kock Aun, Tey Por Chen and Seh Poh Yee.

2. Tey and Ooi failed to disclose to Protasco of their interest in the transaction because the companies that supposedly is a client to their consulting firm is actually owned by them (see above).

3. Tey and Ooi lied to the media and distributes forged documents to the public.

4. Tey, Ooi and their lawyer, attempted to temper with key witness and their evidence.

5. Not even nexgram's directors believe that they are innocent.

Check mate.

AliceTey

802 posts

Posted by AliceTey > 2014-11-23 09:16 | Report Abuse

With regards to evidence, this is a message board, not a court of law....the evidence of your boss' breaching their fiduciary duty will be revealed in due course....that being said, three nexgram's directors resigned reasoning Protasco filed lawsuit against Tey and Ooi is a facts....and they were not a mere employee but part of nexgram's management and knows who Tey and Ooi really is: a crook, a thief, a liar.m

AliceTey

802 posts

Posted by AliceTey > 2014-11-23 10:17 | Report Abuse

Hey pussytey, send our regards to your boss: Kan ni na bu chao chee bye. ler e lao bu kor gao gan, ler e lao peh tio bey kan, chee hong kia!

AliceTey

802 posts

Posted by AliceTey > 2014-11-23 10:22 | Report Abuse

Another one: for you boss' eyes only: Nei doe chi lun sin ga. Fan ook kay diu chut lei lo mo gor chow hai yeen hau lye gon jeng nei lo mo gor see fut loong la.

Lierchong

31 posts

Posted by Lierchong > 2014-11-23 11:30 | Report Abuse

Lier chong staffs. Get new job when your boss go to jail. Send my regards. I sold all but will biy and hold 1 share just to curse lor.

Lierchong

31 posts

Posted by Lierchong > 2014-11-23 11:31 | Report Abuse

Yes to the court. See how he rot with his agreements signed and lie for it. Am no lawyer but can read still. Let his guilt bring him down to his grave lor.

Lierchong

31 posts

Posted by Lierchong > 2014-11-23 11:32 | Report Abuse

With regards to lier empty evidence. His hard document evidence wi eat him in jail lor. No balls no wonder empty spam. Lier lier.

Lierchong

31 posts

Posted by Lierchong > 2014-11-23 11:36 | Report Abuse

Chong sign an agreement he deny he go 30 year jail. He admit he goes 30 years jail. Any way he could put blame on his victims if ever slight truth he get double or more. See lor. You spam more more faster he goes in.

Lierchong

31 posts

Posted by Lierchong > 2014-11-23 11:46 | Report Abuse

Chong's MO:

Chong failed to disclose to Protasco of his insider trading and self interest in the transaction because he engaged consulting firm which could own rights to source structure and process for the clients (himself chong and vendor), and spv companies that Chong "acknowledged in his agreement could be the consulting firm owned or rights owned", black and white. Chong read it yes he die, read it no die faster. It's public information now. Talk more he go in faster. Why not ignorance staffs copy and paste that sentences and let public judge?

Lierchong

31 posts

Posted by Lierchong > 2014-11-23 11:47 | Report Abuse

Talk so much, 1 sentences spell out all. Talk more he die faster. Do lor.

Lierchong

31 posts

Posted by Lierchong > 2014-11-23 11:49 | Report Abuse

If all alice said is true means Chong insider trading knowing and signed/accepted the consulting firm owns any of the false claims, he hang himself to double charges what ever consulting firm ever found wrong. Better post on newspaper what chong sign lor. Die faster ma.

Lierchong

31 posts

Posted by Lierchong > 2014-11-23 11:55 | Report Abuse

What fiduciary etc nonsense. All chong fails to disclose not only fiduciary duty but knowingly scam an insider trading and fake a false statement to slap his own face lying with facts on legitimate assets. The defamation and cheating crime its last mercy vendor did not do yet to see if chong guilt will turn him around. Looks like he is digging deeper into his own grave with all these naive staff speed him up with spam. Die is sure die, he die faster lor with monkeys around trying to instigate more damage to their boss. Hopeless.

AliceTey

802 posts

Posted by AliceTey > 2014-11-23 12:28 | Report Abuse

Well, I am not related to Protasco or any of the Chongs...merely an investor with interest on the present case...made a hefty profits when the shares reached RM 2....But you on the other hands is clearly one of Tey and Ooi's henchmen..

I don't see that Dato Chong deny that he signed agreement with PT Anglo Slavic Utama, because at that time he was induced by the liar Tey Por Yee and Ooi Kock Aun of the existence of an arm's length oil and gas transaction with an indonesian companies, which now revealed as an alter ego for Tey and Ooi...

On contrary, with so many evidence that PT Anglo Slavic Utama et.al. are their alter ego, Tey Por Yee and Ooi Kock Aun shamelessly deny such facts and file vexatious litigation with the intention to smears and slanders Dato Chong's good name with forged documents, then distributes the said bogus documents to journalist....

Lierchong

31 posts

Posted by Lierchong > 2014-11-23 14:33 | Report Abuse

Ya hor. You make so much asumption hor. Show SSM record lor to show you know so much to proof slightly a proof pf any company you sabotage.

Ya hor ignorant hor. Show lor full detail o fthe 3rd November 2012 Chong agreement.
http://anotherbrickinwall.blogspot.com/2014/11/boardroom-tussle-to-blogsite-hustle.html

Ya hor Chong old and forgot hor? Why keep spam ignore the 3rd Nov 2012 agreement? Why lie more hah? His soul zoombie met and sign with consultant? His body say no?
http://www.thesundaily.my/news/1227235

Ya hor good street lawyer hor? They did not tell chong more he talk more faster he die. He gets double or more if ever any victim gets trouble. Talk lor.

AliceTey

802 posts

Posted by AliceTey > 2014-11-23 15:43 | Report Abuse

Yet the facts remains and undeniable: Tey Por Yee and Ooi Kock Aun, the two snakes, should have disclose they are the owners of anglo slavic, green pin, inovisi. Can your blogs disprove this? The answer: HELL NO.

Lierchong

31 posts

Posted by Lierchong > 2014-11-23 15:51 | Report Abuse

Lier alice chong. Disclose what if they are not? You know so much you disclose lor ssm record. I think the 2 victims also wants to know!

AliceTey

802 posts

Posted by AliceTey > 2014-11-23 16:08 | Report Abuse

Is that pathetic argument your boss' best defense? Unless you can disprove the allegation that Tey and Ooi doesn't breach their fiduciary duties and has revealed that they are the owners of ASU then they are going down...don't forget, they have signed statutory declarations to the effect stated that they don't have any interest at ASU, which now we know is a lie...it's a perjury and criminal offence to lie in a statutory declarations.

So you boss will go to jails for one or all of this offence:

- perjury.
- witness tempering.
- embezelment of company's money.
- forgering document.

Posted by annabellelele > 2014-11-23 16:54 | Report Abuse

Actually all those who have dealings with the Tey Por Yee syndicate and also the public at large should take note of this cautionary tale.

It should be noted that all this while the Protasco board (the innocent members of the board that is) thought they were dealing with Indonesian companies and businessmen.

Find out more here https://bursasyndicate.wordpress.com/

Post a Comment
Market Buzz