Special Report: Hidden hands behind penny stock surge under scrutiny TheEdge Wed, Apr 21, 2021 05:00pm - 20 hours ago
A few weeks ago, the authorities are understood to have raided several offices in Menara Lien Hoe in Persiaran Tropicana in the vicinity of the Tropicana Golf and Country Club in Selangor, looking for information on a group of individuals involved in manipulating penny stocks on the Bursa Malaysia.
The authorities, it seems, are after a group of individuals who control as many as 60 companies on Bursa Malaysia and appear to manipulate share prices and siphon out funds from these companies via numerous cash calls and the subsequent acquisition of assets. Also being scrutinised are the “asset-shuffling exercises” undertaken by many of the companies. There is also talk that they are allegedly involved in the legitimising of ill-gotten gains or money-laundering activities.
It is also learnt that there is a ringleader, an individual in his late 40s, who is not directly linked to any of the companies but efficiently uses proxies to mask his presence, utilising, instead, several generals who control the shares in many of them.
The Edge managed to identify almost 40 out of the 60 companies controlled by the same few individuals
k1, already reach 60c, minetech and parkson already reach 30c, yongtai already reach 40c... all already breack out la wei.... apalah... no study ka?? alamak....
People that you must follow on i3 list 1. Pang72: Contra God 2. Paktua: WhatsApp Pump and Dump God 3. Calvin: "I told you so, buy this company that I recommend instead" 4. Dompeilee: Appears in literally every stock that limit up Insider Trading God 5. mf: Robot/AI God
ESCeramic wil be transferred to Main Board by this year. Continue rewarding the shareholders with good dividends. New production plants wil be ready by by this July
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
paktua73
18,352 posts
Posted by paktua73 > 2021-04-22 13:50 | Report Abuse
hahaha..
ringleader gang got hit..
Special Report: Hidden hands behind penny stock surge under scrutiny
TheEdge Wed, Apr 21, 2021 05:00pm - 20 hours ago
A few weeks ago, the authorities are understood to have raided several offices in Menara Lien Hoe in Persiaran Tropicana in the vicinity of the Tropicana Golf and Country Club in Selangor, looking for information on a group of individuals involved in manipulating penny stocks on the Bursa Malaysia.
The authorities, it seems, are after a group of individuals who control as many as 60 companies on Bursa Malaysia and appear to manipulate share prices and siphon out funds from these companies via numerous cash calls and the subsequent acquisition of assets. Also being scrutinised are the “asset-shuffling exercises” undertaken by many of the companies. There is also talk that they are allegedly involved in the legitimising of ill-gotten gains or money-laundering activities.
It is also learnt that there is a ringleader, an individual in his late 40s, who is not directly linked to any of the companies but efficiently uses proxies to mask his presence, utilising, instead, several generals who control the shares in many of them.
The Edge managed to identify almost 40 out of the 60 companies controlled by the same few individuals
tut tut
was kena burn by this devil gang