Conman company always a con company. Scam company. Please list this company in alert, black list it. Don't give such company in bursa , it bad image of Malaysia.
WTF.Following the cash of RB has been either exhausted or transferred through acquisition of the sub of M group, they are now to raise PP, increasing the share based and further diluting shareholding.
Haha this con counter still want to scam investors by doing PP. I dunno why with all the negatives news, this mafia gang and Eddie Ng still trying their best to con. Hope karma kena them hard one day. Hahaha
Joyvest@ from the start 3 ex founders already wanted to con. Set up a company and get it listed in to klse and their minds are to con. Then come out with all the infighting drama (in facts this three Ngs especially the master mind Eddie Ng just do show for the public only). If they are so concern about the investors they won't disposed off their shares la to mafia group. They did all this to make sure they can con and cheat the innocent investors.
Got cash earlier but go spend on acquiring another company for 36m. Then now asking for PP! Got funds don't want to use it to pay staffs salaries. Rather con and use it for other purpose. Haha
This is a listed company where the shareholders be it Ng or what are free to sell shares openly and freely in the open market . Some Founders are desperate to resort to sell to the 3rd parties ( be it hostile or what) off market ( it is said to avoid the high transaction cost hence can be sold cheaper than the open market price. WTF
It is expected more PP will be issued until the company is ballooned with huge share capitals (equity) and it becomes a penny stock in the end and dying off................
No investors to take up the PP. The 3rd party to take up the PP is believed to be the associates of M Group , who would get a huge discounts on PP from RG. Who will benefit the most with the gain ? you should know better .
Thats why I say, when M Group penetrated into BOD of RG from day 1, they would exhaust all the resources of RG untill RGB becomes PN17 and eventually is delisted
Forgery of documents with the intent to cheat is considered as a criminal offence. The morale of this story is " If you cannot handle the pressure, you should not remain in a position where you have to deal with it "
Tainted counter. All the ex founders also conmen. Now with this bigger shark mafia group, this counter is doom. All the private placement etc. Got funds use to con and buy another company at higher amount from hong seng. Want to con also find a better way la. Haha
The pressure in forging documents is somehow linked to the need to sustain the share price. The guilty directors or owners would have sold most of it in the last run-up. Now too much cheating going on in the listed PLC, it is high time Bursa & SSM reform the market and further increase the penalty for criminal offences. Besafe Don't let this con mafia group to cheat your hard earn money. Haha
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....
B4b4
7,593 posts
Posted by B4b4 > 2023-06-06 12:44 | Report Abuse
With the acquisition of Innov8tive Sdn Bhd, this stock is good long term investment