Got funds go buy another lap sap company (just a decoy to con funds out) and don't want to use it to pay staffs salaries. Rather do PP. This super con cum scam counter delist better la. Haha
New ceo so what? When a company is long tainted with all the scamming. No investors will want to invest. Right now, this mafia group and Eddie ng just want to con using PP.
Eddie Ng who has been playing shares on other various counters with other market operators, starting way back from Goodway Integrated Industries Berhad not long after his company got listed, gotten a taste of it.
Sure feels good isn’t it when you manipulate and take people’s money so easily?
And then Eddie starts playing more and more counters, including his own counter and got burnt multiple times resulting in owing a lot of operators/loan sharks a lot of money.
How many times has Eddie dispose his own shares and how many times has he been margin called? While the other 2 brothers Brian & Dino didn’t do much of shares disposing. Well I am sure everyone can easily verify this online, don’t take our word for it.
Our findings showed that both Brian & Dino did not even dispose a single share in the entire year of 2022, while Eddie keeps disposing like there is no tomorrow.
And finally, this time Eddie has gotten himself into very deep trouble where even by pledging all his remaining shares in the company is not be enough to cover the debt. So, he started eying the company money and asset.
When the 2 brothers Brian & Dino discovered what Eddie was up to, they voted against him in the AGM and while Eddie won, it was only by a slim margin of 0.04%.
This is where one of Eddie’s many debtors, perhaps the largest one now, the infamous Francis Leong Seng Wui that needs no further introduction after what he has done in Green Packet Berhad and Caely Holdings Berhad comes in, as an executive director nowhere all of a sudden.
Look at competitor, doing good, expanding services to other region, this one? Only buy other company, the price also super duper you know I know how much. So when expanding to other region???? Buy other counter better than be conned by the BwK. All the misai and ekor come out dy.
Con and scam counter ma. This counter will forever be rotten la. 3 ex conmen Ngs founder lead by the pariah Eddie Ng who sold the company away due to his gambling addiction! Haha this useless guy what else he can't do? Haha
Goreng also people will think twice. As long as this company with mafia group and conman Eddie Ng, no one will invest la. Mafia gang once they have taken all the funds out from this company they will say Sayonara. Haha
EVEN the slightest sniff of Insider trading, should be enough to the Securities Commission to launch a much deeper investigation on why three directors of the company who acted as the strictest guardian of governance, make a U Turn on Governance by selling wildly just weeks and days prior to the company announcing that apart from the loss it's cash pile was sinking too.
Chanzeryl@ good info. That is why sc all also same boat. They keep quiet about all this scam! Talk about good governance is all wayang. End of the day, innocent investors on the losing end while all this conmen escape. Malaysia klse how many con counters and conmen? Plenty! Yet because no action taken against any of them, each time sure got new companies will do their best to get it listed and after few years they will let it get delisted or let it rot. Look at revenue! Eddie Ng is the biggest conman doing this and right now, he is enjoying his life! Haha
Don't need to buy from this con counter. Just let it rot for many years to come. Main conman Eddie Ng still in one of the sub company. This pariah will continue to cheat to cover for his gambling addiction.
Don't let mafia group and conman Eddie Ng to continue to cheat your hard earn money. They want to goreng so be it but don't get trap on this scam counter. Haha
Dunno why in their mind is all about cheating ppl. People like Eddie Ng, should be put in jail for manipulating the stock price yet he is enjoying his life and continue to con from behind. 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....
ChunWong93
600 posts
Posted by ChunWong93 > 2023-06-15 16:12 | Report Abuse
Still can play some trading in this counter one if it falls to a certain low price