Posted by master_tan > 2015-12-12 19:16 | Report Abuse

A lot of gun man aiming at Chong Keat pen, however, as long as company continue to deliver good result and give dividend, I will ignore those noise

Posted by High6 > 2015-12-13 09:41 | Report Abuse

yeah, good profit results and dividend

Posted by Look9 > 2015-12-14 19:33 | Report Abuse

This one really hai lat. Profit and dividend from siphon money wor. The master_con waiting to die heart attack. Watch. See ya in hell. Khekehkhe.

Posted by Analyst99 > 2015-12-16 21:59 | Report Abuse

if the company is so dirty and sucks, why would RHB-OSK issue a buy call with a higher target price.

Posted by High6 > 2015-12-17 08:57 | Report Abuse

True, at current price, I am buying too

Posted by 69handjob > 2015-12-18 08:42 | Report Abuse

Anal99, RHB-OSK felt guilty. Basically it says "Good buy, but goodbye. Ceased coverage."
http://klse.i3investor.com/blogs/rhb/84644.jsp
Buy quick as its cheap.

Posted by High6 > 2015-12-23 14:13 | Report Abuse

KUALA LUMPUR (Dec 23): Protasco Bhd ( Valuation: 1.40, Fundamental: 1.40) has secured a three-year contract worth around RM75 million from Ministry of Works Malaysia to provide forensic engineering services.

In a filing with Bursa Malaysia today, Protasco said its wholly-owned subsidiary Kumpulan Ikram Sdn Bhd has received a letter of appointment from the ministry for its appointment as the service provider.

Ikram is to provide forensic engineering services on slopes and slope related structures for a period of three years, with an option to renew for a further period of two years, at an estimated contract price of RM25 million per annum, subject to actual consumption to be consumed by the Ministry pursuant to the Master Service Agreement.

"Under the agreement, the services to be provided by Ikram, with effect from Jan 1, 2016, shall cover all slopes failure throughout Malaysia except for Federal roads, roads that are currently under privatised concession agreements (toll roads) and those pending completion by the government or government agencies," the filing read.

Protasco expects the appointment to contribute positively to its future earnings and net assets.

The counter was trading at RM1.61 at market break, up one sen or 0.63%, giving it a market capitalisation of RM537.5 million.

http://www.theedgemarkets.com/my/article/protasco-bags-rm75m-three-year-contract-ministry-works

Posted by master_tan > 2015-12-24 09:19 | Report Abuse

more and more contract awarded, the earning sure will increase.......

Posted by master_tan > 2015-12-29 07:16 | Report Abuse

prtasco is in uptrend now......

Posted by High6 > 2015-12-29 13:19 | Report Abuse

ex-dividend tday, cny angpow

Posted by stocknewbie > 2015-12-29 17:24 | Report Abuse

dropped from 1.66 despite the good news?

Posted by DreamKaiser > 2015-12-29 17:26 | Report Abuse

Up on rumour, down on fact lor

Posted by joni > 2016-01-13 09:42 | Report Abuse

if month end can break 1.66

Posted by speakup > 2016-01-14 15:22 | Report Abuse

Prtasco waking up.
GET READY!

Posted by nich0las > 2016-01-14 20:19 | Report Abuse

itu atas news said ooi win the case meh?

Posted by talkrealreal > 2016-01-15 13:34 | Report Abuse

Ter Poh Yee charged for cheating this morning. Bail sum $1,000,000

Posted by Derrickchongketpen > 2016-01-15 15:29 | Report Abuse

http://klse.i3investor.com/blogs/bursagovernanceleak/89802.jsp
Chong ket pen spend black money just to get a malicious charge. Whole world also know la. You can charge him also for raping his maid. True or not dont care. Dirty trick. Past.

Posted by KennyChongKP > 2016-01-15 16:29 | Report Abuse

Anyone can take a knife and kill someone la. Same like bribe monkey to go court. Simply file charge "you rape your maid", then just make news. Doesnt mean u r wrong. If the victims are strong, they either do same (like take knife kill people) or flight white way. Respect.

Chong keep play dirty, let him be. As if people dono his trick.

Posted by Investfacts > 2016-01-15 19:05 | Report Abuse

Typical chong ket pen trick. Bribe to charge people using false report then spam media here and there. Charge doesnt mean any proof wrong. If chong is right go proper legal way lor. Why keep doing dirty tricks.

Posted by Investfacts > 2016-01-15 20:15 | Report Abuse

Just read. Boring. Bribe a drug addict to sue chong ket pen and charge him for stealing protasco 1 billion. Right or wrong who cares, like chong says just bribe to get a charge on anything. Eventually truth or false not important. Then bribe news etc. Same old story from same old dog.

Posted by Cheater > 2016-01-15 23:59 | Report Abuse

Goreng old lies. Lame loser. Chong ket pen no class.

Posted by Cheater > 2016-01-16 00:02 | Report Abuse

You can also charge chong ket pen for cheating his wife la wth a bunch of words. Get sperm examine him lor. Forgot, Malaysia law don't need, just made up paper hear say and charge first. Loser.

Posted by Eddieyeo > 2016-01-16 08:18 | Report Abuse

Shame old man. Burn money bribe and make story again.

Posted by Cheater > 2016-01-16 12:27 | Report Abuse

Cheater Funny chong should be charge for real real did not disclose interest clear clear sign private agreements, how come clear subject hide away from the Statutory Declaration he signed also, and blur blur no evidence victims like teh gets blame and charged? Malaysia bribery so serious criminals gets to charge victim? Thumbs up to ckp. Real crook, killing people as a hobby.

Posted by sangharimau > 2016-01-16 22:30 | Report Abuse

Former Protasco director charged with RM 68 Million fraud
From Bernama:


"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 USD22 million (RM68,393,170).

The payment for the shares was allegedly channeled 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 Jan 30, 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."

Posted by 1983bubble > 2016-01-17 09:01 | Report Abuse

Wasnt chong sign a personal interest SD, is chong ket pen charged for filling false report and cheated his investor tey por yee? Also charge is to bad name people not guilty until proven. Dirty trick.

Posted by 1983bubble > 2016-01-17 09:04 | Report Abuse

Very good. How much chong ket pen paid to grt his maid rape ar?

Derrickchongketpen http://klse.i3investor.com/blogs/bursagovernanceleak/89802.jsp
Chong ket pen spend black money just to get a malicious charge. Whole world also know la. You can charge him also for raping his maid. True or not dont care. Dirty trick. Past.
15/01/2016 15:29

Posted by HoChunFat > 2016-01-17 09:29 | Report Abuse

Reporter tips. Its not Chong ket pen who betray his partner. Is Ho Chin Fat. He said "Chong told me do false report. I dont know anything chong sign. I was cheated." Money can turn human to animal. Cute

Posted by HoChunFat > 2016-01-17 11:01 | Report Abuse

Not Ho Chun Huat, is chong ket pen who lied and ask me files false report.
Tey Por Yee and Ooi Kock Aun the consultants turn victim lodged police report against Chong Ket Pen

The Protasco Bhd fiasco which surface the true intention of one Chong Ket Pen, the Managing Director cum shareholder which has consistent track record of putting blame and play out his partners, starting from his co-founder, Hasnur, then his x-boss Tun Daim, and latest, his savior Tey Por Yee and Ooi Kock Aun.

The fire back happens when Chong Ket Pen fails to cover up the truth when contradict lies were told to the public. Both Tey Por Yee and Ooi Kock Aun lodged police report against Chong Ket Pen, which hides and abuses Protasco Bhd, a public company as his personal shield to bombard the media, law makers and authorities in hope to cover up the macro picture of his crime. It doesn’t work and back fired. Worst off, the trigger surfaces Chong even more problems at his back yard.

According to Chong’s associates, the RM10million (stolen by Chong) for the cover up of Chong Ket Pen’s personal private company to pay for his own commitment is just the tip of the iceberg. Which explains the victimization of Chong Ket Pen’s savior, the 2 consultants which bails Chong out of his destiny in losing Protasco Bhd, is how Chong hopes to divert attention away from his hundreds of millions Ringgit of questionable contracts and dealings, as told to the press by his competitors and associates.

The crime Chong Ket Pen did, simply wrap up in 1 sentence. Cover up his wrong doing.

To recap, Chong Ket Pen with no excuse to run away from his obligation, put blame on irrelevant deal referral ownership, which Chong knows, agreed and signed a deal commitment agreement which clearly spells out his commitment to a combination of deals worth US55mil (Chong Ket Pen’s obligation and debt), which are either owned or referred by the consultants, in exchange for consultants to either acquire or refers investors to acquire Chong Ket Pen’s “evil enemy, Mr. Shorty”, as Chong Ket Pen described his x-boss, Tun Daim, to “free him (Chong Ket Pen)” from being eaten by the devil.

Whatever micro excuse Chong Ket Pen bribed and mislead the public, were just tip of the iceberg originated from Chong Ket Pen’s engagement contract, which he himself “placed the order”, and all the follow through of deal arrangement, recruitment, processing and setup, are mere standard project work flows. This simple fact is haunting Chong Ket Pen, he is having hard time to swallow his guilt of telling lies. “Chong’s time is numbered, he has to repay his debt for all the bad deed he taken from public and his competitors”, according to his associate.

Posted by Outlaw > 2016-01-17 14:06 | Report Abuse

Chong lied cheats and covers up. So what?

Chong not stupid or he thinks people are stupid. Tell people he was cheated. End of day also look bad to himself.

He won even if he stolen the company or used Tey. That is the fact. Tey has to accept it. Winner wins all.

Get elder person to call chong and tey settle it fairly.

Chong won the billion dollar company. Be grateful. Tey lose. He has to accept it. Oil already write of a bad commercial decision because oil price drop. Talk to potential buyer sell at market price. A dollar is a dollar leaves the brokers fairly. They have their own cost and lost probably more than the fees they made by now. Its a commercial lost. Chong lost many time in the past in foreign countries also. Nobody blames him. Wont look bad and nobody intention.

Then chong should clear all authorities prob on himself. He did nothing wrong so as Tey. Market turn bad oil drop blame who. As long both side dont burn further, protasco has hope else burn so much money to cover chong all suffer. Then let minority shareholders in peace. All lost money holding so long.

Posted by DreamCommander > 2016-01-17 14:12 | Report Abuse

what TP

Posted by HoChunFat > 2016-01-17 14:39 | Report Abuse

So bhp also can write of bullions because of commercial lost, and chong put a blame on scapegoat..... I am sorry. Chong ask me to file false report. I have to listen. Do i go to jail? Chong said money can turn black to white or upside down. In ringgit i believe.

Posted by HoChunFat > 2016-01-17 20:02 | Report Abuse

Chong ket pen son alice chong moda operandi spam lies again. Son of thief is still thief.

Posted by KennyChongSpoted > 2016-01-17 23:59 | Report Abuse

Scary, the son yet again kills his father by revealing insider information - his father crime trails. Robbery also he does, kill people also he will do. What else crime Chong Ket Pen not dare to do!? Evidence left right centre exposed. What a joke.

Posted by KennyChongSpoted > 2016-01-18 01:58 | Report Abuse

KennyChongSpoted Kenny chong. Your father was saved by crooks. He use company money to kill his own saviours. he can sleep in peace? Use dirty lawyer to kill people's lawyer, etc. The blood money chong ket pen use, doesn't haunt him? Don't talk about ethic, have problem ask and discuss. Bites the partners hand, and kill innocent investors and hundreds of people with kids and family. This is not crook, what else? Young man, by telling people the person who pull you up from river is a drug dealer, gay, smuggler etc, doesn't mean you can write off the fact that the crook lend you his hand. innocent people with kids and families got killed by bunch of no blood lawyers, they care? You and your father are the ones taking all the sin. Make your victims looks more crook doesn't mean you didn't got sin. Talk to people, save your own sin.
18/01/2016 01:43

The moment kenny chong, chong ket pen son type all these allegations to tell his saviour investors were gay, drug dealer, etc, and can laugh when thousands of investors were affected, may some one tell the duo father and son, the lawyers and advisors are putting blood on their hands. They took his money, left him with all the sin. This is the name Protasco is leading his investors carrying such sin. How people saved him, be it drug money, it saved him, and he repay with a knife. Wake up.

Posted by eddieyeo > 2016-01-19 01:30 | Report Abuse

Why protasco share price drop 3 cents nexgram only 1 cents? Chong ket pen siphon too much money bully nexgram lor. Devil walking dead.

Posted by ChongAgain > 2016-01-19 08:23 | Report Abuse

Chong ket pen is here again to tell lies. Tell so much unrelated information to bad mouth his investors tey and ooi, his own cover up cant be hidden by his massive lie spreading:
Here are some interest readings:
https://bigdogdotcom.wordpress.com/2014/11/21/caught-between-the-hats-on-professional-reports/

Wow his chairman no choice because conflicted interest cover up for chong also.

Posted by ChongAgain > 2016-01-19 08:28 | Report Abuse

Chong senior management also cover up for him, he is the master mind of cheating investors tey and ooi to invest, he is the one wanted, asked consultant to prepare (and he now bribe a stupid employee of consultant client tjoe yudhis to lie and twist the fact), accepted and signed agreement, propose to his board, done due diligence and paid the money, taken the asset shares and put a blame to the investors. These steps are done by himself and son kenny chong. How consultants arrange with vendors, their client and suppliers, has nothing to do with what chong is doing. Cannot cover up its chong who wants it and put blame!
http://m.thesundaily.my/node/278735
PETALING JAYA: One of the embattled directors of Protasco Bhd Tey Por Yee has responded to the suit filed against him by Protasco with a counter suit claiming failure by management of the company to exercise their authority for the benefit of the company.

Tey, suing in a representative capacity on behalf and for the benefit of Protasco, is alleging that Protasco's senior management had made RM10 million in secret profits from the aborted PT Anglo Slavic Indonesia (PT ASI) deal and is suing to recover the said amount.

Protasco's vice chairman and managing director Datuk Seri Chong Ket Pen, Edward Khoo Mong Wei, Lim Yew Ting, Low Kian Seng, Khor Hooi Ling, Kenny Chong Ther Nen, as well as Protasco and RS Maha Niaga Sdn Bhd are all named in the suit by Tey and Ooi.

Tey, speaking in the presence of his lawyer at a press conference yesterday, said that he had discovered evidence of a money trail where monies paid by Protasco for the proposed acquisition of PT ASI was flowed through two layers of companies before a RM10 million cheque was drawn and paid to benefit RS Maha Niaga Sdn Bhd's account with United Overseas Bank (M) Bhd in early 2013.

Ooi Kock Aun, the other party being sued by Protasco was not present at the press conference and is not part of the suit filed by Tey though his company Kingdom Seeker Ventures Sdn Bhd (KSV).

According to Tey, PT Anglo Slavic Utama (PT ASU) vide its lawyers cited that the RM10 million was Chong's financial gain from two contracts, which are related to the takeover of an oil deal and bitumen and coal trading with Indonesian companies.

Filings with the Companies Commission of Malaysia show that Khoo and Lim are the shareholders of RS Maha Niaga.

In a statement released later in the evening in response to Tey's statement, Chong denied the allegation made by Tey and said he will be lodging a police report on the claims made by Tey.

Back in December 28, 2012, Protasco entered into an agreement to acquire some stake in PT Anglo Slavic Indonesia (PT ASI) from PT ASU, in a move to venture into the oil and gas business. However, the deal fell through last August when Protasco decided to terminate the deal.

Tey, who himself is sought to be removed by substantial shareholders in Protasco, meanwhile said he will call for an EGM at the end of November or early December to remove Chong.

Tey, who owns a 18% stake in Protasco through KSV, plans to present the evidence he has gathered against Chong to shareholders at the EGM.

"We're (Tey and Ooi) are being made the scapegoat to cover this major breach of shareholders' trust," he told a media briefing here yesterday.

Tey pointed out that as soon as he discovered the evidence of money trail, he had called for an emergency board meeting on Monday to present the facts and evidence of the wrongdoing and ask for the board to take action.

The company's chairman Tan Sri Hadenan Abdul Jalil however informed Tey vide a letter that the meeting would instead be held this Friday.

In a separate statement to rebut Tey's claims, Protasco explained that the postponement of the meeting is in view of its importance to enable all board members to attend.

On Monday Protasco received notice from its shareholders, UOBM Nominees (Tempatan) Sdn Bhd and Tan Heng Kui who collectively hold a 10.51%, to call for an EGM to remove Tey and Ooi.

Tey and Ooi are currently being sued by Protasco for breach of fiduciary duties, involving a claim of US$27 million (RM88 million) in damages for fraud and conspiracy over the PT ASI takeover deal.

Share price of the construction and property development firm closed 4 sen lower to RM1.60 yesterday.

- See more at: http://m.thesundaily.my/node/278735#sthash.ifkaRC5N.dpuf

Posted by AliceTey > 2016-01-20 06:48 | Report Abuse

AliceTey So basically tey-ooi defense is that their misfortune can be blamed to the chongs. Wow, they made the chongs almost like a demi-god who can magically conjure up anything they want LOL LOL LOL

Let's see

- malaysia police raided nexgram office must be because the chongs right?

- indonesia police raided pt inovisi office also must be because of the chongs?

- tey is a suspect of fraud and perjury in malaysia is because of the chongs?

- tey is a suspect of fraud and forging signature in indonesia is also chongs?

- nexgram is investigated by sc because emmmm chongs?

- pt inovisi's shares is suspended by indonesia sc also chongs?

- tey and ooi disposal of nexgram's assets is chongs?

- tey and ooi disposal of pt inovisi, ruining the life of it investors and employee also chongs?

- tey and ooi got robbed by their enemy who were tipped by their employee is chongs?

- tey and ooi request to the indonesian police for protection when they appear for questioning, reasoning an indonesian mafia that they previously cheated will kill them; is also chongs?

- nexgram's shares plummeted because of chongs?

- pt inovisi's shares plummuted also chongs?

- adrian ooi kock aun cheating on his wife by screwing his indon maid chongs again?

- larry tey por yee cheating on his wife by playing around with hookers in indonesia must be chongs?

- and so many more that befallen tey chee bye and ooi puki that can be traced to demi god chongs LOL LOL LOL

Posted by AliceTey > 2016-01-20 06:51 | Report Abuse

For you who are confused, pt inovisi infracom tbk is a flagship indonesian company of tey por yee and ooi kock aun..the company's shares is suspended by the indonesian sc and it managements has closed down the company without notifying it investors and employee.

Posted by Outlaw > 2016-01-20 13:37 | Report Abuse

Hear that chong cannot answer why he signs agreement and did not disclose his personal interest to protasco board. He also lied sd skip this biggest question. Despite he creates 100 excuse to paint his partner tey and ooi bad person. He did inform his board is it? Or else?

Posted by AliceChong > 2016-01-20 17:17 | Report Abuse

Copy. Cute alice cheong kok fei, ckp lost son.
The more he talk divert attention the more he cannot answer
Chong signed and agreement and did not disclose to his board his personal interest.
He further signed a SD.

1 sentense enough. Twist story tell lies and self fulfilling wont get the facts away.

Posted by GODinvest > 2016-01-20 19:18 | Report Abuse

tpy and oka face look like poor guy , cheat share holder money you two waitting to eat kari rice 。。 see stupid tpy company nexgram also noe rubish guy rubish company

Posted by Doggy > 2016-01-21 17:58 | Report Abuse

Funny guy here also.

Posted by Doggy > 2016-01-21 17:58 | Report Abuse

Copy paste lor like him:
Funny looser. Cover up for his bos by disturbing irrelevant people and paint so much irrelevant stories to paint so much irrelevant rubbish. This so easy. Learn bit la from strong businessman stand out let small brain enemy hit himself. Your boss leh. Hide in his rabbit hole. Chicken sorry.

Posted by Doggy > 2016-01-21 17:59 | Report Abuse

Copy again lor

C2pid arguement trying to paint sooo much about the target victims, as far as read, entire deal only 1 issue. Thr chong fela signs an agreement and did not disclose to his board his has personal interest. Also he did not honor his words. Buy an iphone if dislike the button also talk to shop owner lah. He go sue Apple for having dispute with China contractor, screen glass supplier law suit, wire inside use illegal child labor and the shop salesman did not say he is the owner of the shop. Er, so?

The fact he wants it, check and buy, and sue Apple instead say people cheat him!? He no brain or think people no brain? And doggy fela go back cry to your master hide deeper in his hole. He no mercy on public investors doesnt mean his victims are senseless. Watch our greater power up stair.

Posted by alicetey > 2016-01-21 18:18 | Report Abuse

Wahlao...you copy my style LOL LOL

Copy-paste-repeat:

I'm back, for the last time until a new breakthrough arises anyway LOL LOL..

@doggyteycheebye,

Wow, you have so many accounts in this message board. Want to make people think that you have many supporters 'eh? Same narrative, same style, and same wording...at one look everybody would notice that you are merely a clone LOL LOL LOL

Anyway...I'm not the chongs and the chongs were never my boss. But, be that as it may, as far as the chongs are concerned, they are not the one who need a bangla bodyguard to cover their face. the chongs can freely go anywhere including Indonesia without crying to the police for protection because they have beef with someone who threaten to kill them on first sight. The chongs also not the one who closed their overseas subsidiaries and hide their faces like your best friend Adrian Ooi Kock Aun. And I never heard the chongs' employee switch to your side. Be true to your heart, how many people leaving you already? LOL LOL LOL LOL

With regard to Apple. Don't talk anything that you know shit lah brother. They fired Eric Schmidt because he sold Apple's iOS and iphone secret to Google, impairing Apple business interest when Google sell copy of iOS called android. Same as you and Ooi Kock Aun. Since you put your interest and globalcap interest above Protasco then you deserved to be fired on site. You should have put forward the deal with Herman Koswara (IDR 6billion) and Benny Tjokro (IDR 25billion) to Protasco instead of looking for quick profits by establishing SPVs to cheat protasco and ballooned the price of the project. Your greeds is your doom. You deserve it brother. Enjoy jail and see your sons in six year time LOL LOL LOL LOL...

When you die and got reincarnated, remember this lesson. But if you stay dead, and become worm's food, then enjoy hell where you will most certainly meet with that pondan gay friend of yours Ooi Kock Aun.

Oh right:

Kan ni na bu chao chee bye. ler e lao bu kor gao gan, ler e lao peh tio bey kan, chee hong kia!

Posted by Chongkp > 2016-01-21 18:24 | Report Abuse

Psycho chong here again. Lets recap
Chong signed an agreement and did not disclose to his boars his personal interest. He further signed a sd. Full stop. Long long for what.

Posted by Chongkp > 2016-01-21 18:26 | Report Abuse

Oh he forgot he being cheated. He was sleeping walking into his board to present and lie to his board he has personal interest in the deal. He force his board to lie sayinf someone walk in to propose. I dont see any executive director except him. Blind blind who? Lier lier

Posted by Doggy > 2016-01-21 18:31 | Report Abuse

Copy again. Funny bunny.

Then look at those simple minded staff. All Indonesia business use staff as to front and most dont know who is the boss. What so special. So when simple person like Joe yodis being told "i sue you", its a psychology threat using word, because simple person no idea he is just a staff, company business dispute does not hold him anything until proven justice. He has any intention to cheat meh? Everybody only intend for best, thinggs turm back is common in business. Chicken brain everyday think people wants to eat him, his ex boss daim or new boss teh and ooi. And jump into his own conclusion. Shy to talk or what we dont know. The chinamn is correct about the half done balance because herman jump in which benny has to settle that before conclude. Its a pending issue. Nothing to do with the subject matter where chong sign agreement and not disclose to board and he sign sd lying. This depends on what the oppornant says. Entire case i dont see any problem a all win walk out is so simple. Unfortunately chong does not have business minded people around. What a pity.