yongyong88

Trend reversal. When most stocks down, it shoots up.

2 months ago

EverettLee

Why operator choose YNH Prop to goreng ? 🤔

2 months ago

SWT1988

going down below 0.45 again after failed surge last week?

2 months ago

acnca84

up up

2 months ago

newbie9893

Nice movement today, going to spike up very soon

2 months ago

newbie9893

last chance to but YNHPRO@.48, you won't be able to get this price in afternoon section

2 months ago

newbie9893

0.49 cleared in one second

2 months ago

cokodokpisang

Look like something cooking here.

2 months ago

EverettLee

YNH will sell a seven-storey retail shopping mall (known as "163 RETAIL PARK") to RHB TRUSTEES BERHAD (as trustee of SUNWAY REAL ESTATE INVESTMENT TRUST) for a total cash consideration of RM215 million

1 month ago

cokodokpisang

I think this 163 sale to clear some debts n cash flow. Certainly not worth being at 0.45. Too undervalued. I'm holding on for brighter days.. collected at 44 n 47sen..

1 month ago

Dylan6950

I also think undervalued

1 month ago

EverettLee

If measured by its NTA value, it's undervalued 😁

1 month ago

MacDee34

time passes.. and still, YNH is alive amazingly. but they have yet to answer for the missing 1.2B in JV payments that were sent to empty shell companies controlled by a group of 4 key related parties (friends and family members of the Yu Brothers). Then the crooked deals by Daniel, the boy Wonder, and his second wife with the crooked sale of material assets to a fake trust. The board has a lot to answer for. The bondholders will be paid from where? the books are cooked until empty one, gone with the wind......

1 month ago

MacDee34

the NTA reflects an extra 1.2B that should not be there. that is why they have a qualified audit..

1 month ago

cokodokpisang

Something cooking

4 weeks ago

NatsukoMishima

Still dare to touch this stock ! U deserve to lose all capital !

2 weeks ago

ScotFree

Jepun Kia, u Kenna ban from chat group isit.. hehe..got many old man there jerking each other off...hehehe

Btw...I got off scotfree YNH at the top...lol..many losers left insideYNH..lol

2 weeks ago

EverettLee

More info shared by The Edge

https://theedgemalaysia.com/node/732543

2 weeks ago

Good123

2019 2020 2021 2023
Revenue (RM) 366,008,628 263,126,137 231,277,909 307,516,997
Profit before tax (RM) 59,930,500 16,942,162 34,662,631 20,416,799
Earnings (Loss) per share (Basic) - Sen 6.41 (2.61) (0.53) (6.10)
Total assets (RM) 2,332,913,039 2,479,664,978 2,466,686,057 2,481,962,392
Dividend pay out (RM) NIL 13,212,194 NIL NIL
F

2 weeks ago

Good123

THIRTY (30) LARGEST SECURITIES ACCOUNT HOLDERS
(ACCORDING TO THE REGISTER OF DEPOSITORS AS AT 7 OCTOBER 2024)
Percentage of
No. of Shareholdings
Names Shares (%)
1. CITIGROUP NOMINEES (TEMPATAN) SDN BHD (199301012273) 46,225,784 8.7468
EXEMPT AN FOR KENANGA INVESTORS BHD
2. CITIGROUP NOMINEES (TEMPATAN) SDN BHD (199301012273) 20,785,400 3.9330
URUSHARTA JAMAAH SDN. BHD. (2)
3. KENANGA NOMINEES (TEMPATAN) SDN BHD (197301003326) 13,550,000 2.5639
EXEMPT AN FOR PHILLIP SECURITIES PTE LTD (CLIENT ACCOUNT)
4. MALAYSIA NOMINEES (TEMPATAN) SENDIRIAN BERHAD (6193K) 13,078,000 2.4746
PLEDGED SECURITIES ACCOUNT FOR YU KUAN CHON (01-00868-000)
5. CITIGROUP NOMINEES (ASING) SDN BHD (199301009138) 13,000,000 2.4598
EXEMPT AN FOR CITIBANK NEW YORK (NORGES BANK 22)
6. UOBM NOMINEES (TEMPATAN) SDN BHD (15356H) 9,559,786 1.8089
PLEDGED SECURITIES ACCOUNT FOR CHAN WENG FUI
7. KENANGA NOMINEES (TEMPATAN) SDN BHD (197301003326) 7,500,000 1.4191
PLEDGED SECURITIES ACCOUNT FOR MERRY NOEL ROBERT
8. UOBM NOMINEES (TEMPATAN) SDN BHD (15356H) 7,500,000 1.4191
EXEMPT AN FOR UNITED OVERSEAS BANK NOMINEES (PTE)
LTD (LOCAL CLIENT)
9. GAN BOON KAT 7,393,000 1.3989
10. KENANGA NOMINEES (TEMPATAN) SDN BHD (197301003326) 6,854,939 1.2971

2 weeks ago

Good123

11. TAN THIAN SIANG 6,500,000 1.2299
12. FIAMMA HOLDINGS BERHAD 6,438,550 1.2183
13. SIGNATURE INTERNATIONAL BERHAD 6,405,650 1.2121
14. KENANGA NOMINEES (TEMPATAN) SDN BHD (197301003326) 6,337,163 1.1991
PLEDGED SECURITIES ACCOUNT KENANGA INVESTORS BERHAD
FOR CHAN WENG FUI
15. MAYBANK NOMINEES (TEMPATAN) SDN BHD (199301004202) 5,312,939 1.0053
PLEDGED SECURITIES ACCOUNT FOR YU KUAN HUAT
16. YU KAI LIANG 4,807,000 0.9096
17. YU KUAN HUAT 4,658,044 0.8814
18. HSBC NOMINEES (ASING) SDN BHD (196101000332) 4,175,600 0.7901
J.P. MORGAN SECURITIES PLC
19. KENANGA NOMINEES (TEMPATAN) SDN BHD (197301003326) 3,986,371 0.7543
PLEDGED SECURITIES ACCOUNT FOR YU KUAN CHON
20. SUSY DING 3,875,000 0.7332
21. WONG YEE HUI 3,850,000 0.7285
22. KENANGA NOMINEES (TEMPATAN) SDN BHD (197301003326) 3,738,333 0.7074
PLEDGED SECURITIES ACCOUNT FOR HO SWEE MING

2 weeks ago

Good123

23. GAN BOON KAT 3,620,000 0.6850
24. UOBM NOMINEES (TEMPATAN) SDN BHD (15356H) 3,600,000 0.6812
PLEDGED SECURITIES ACCOUNT FOR YU KUAN HUAT
25. OOI EE HOW 3,560,000 0.6736
26. CITIGROUP NOMINEES (ASING) SDN BHD (199301009138) 3,472,593 0.6571
CBNY FOR EMERGING MARKET CORE EQUITY PORTFOLIO
DFA INVESTMENT DIMENSIONS GROUP INC
27. MAYBANK NOMINEES (TEMPATAN) SDN BHD (199301004202) 3,230,000 0.6112
NG WEI KING
28. DOH TEE LEONG 3,160,000 0.5979
29. CARTABAN NOMINEES (TEMPATAN) SDN BHD (199301008631) 3,000,000 0.5677
RHB TRUSTEES BERHAD FOR KENANGA ISLAMIC ABSOLUTE
RETURN FUND
30. MAUDREEN A/P KANJEE 3,000,000 0.5677

2 weeks ago

Good123

😉YNH Property Berhad is often viewed as a potential investment for several reasons:

1. **Strong Portfolio**: The company has a diverse range of properties, including residential, commercial, and mixed-use developments. This diversification can help mitigate risks associated with market fluctuations.

2. **Strategic Location**: Many of YNH’s projects are situated in prime locations, which can drive demand and increase property values over time. Proximity to urban centers and essential amenities is a key factor.

3. **Reputation and Experience**: With years of experience in the property development sector, YNH has established a reputation for quality and reliability, which can attract buyers and investors.

4. **Growing Market**: The property market in Malaysia, particularly in urban areas, continues to show potential for growth. Factors such as population growth and urbanization can support demand for new developments.

5. **Financial Performance**: A solid financial track record, including revenue growth and profitability, can indicate a company’s stability and ability to generate returns for shareholders.

6. **Sustainability Initiatives**: Increasingly, developers are focusing on sustainable building practices. YNH’s commitment to environmentally friendly development can appeal to a growing segment of environmentally conscious buyers.

7. **Future Developments**: Planned future projects can present additional opportunities for growth and expansion, making YNH a potential long-term investment.

These factors, combined with broader economic conditions, can contribute to YNH Property Berhad’s attractiveness as an investment opportunity.

2 weeks ago

Good123

The situation with YNH Property Berhad, where its share price is significantly lower than its net asset value (NAV), can indeed present a potential investment opportunity. Here’s why this scenario may apply specifically to YNH:

1. **Undervalued Assets**: If YNH’s share price is trading well below its NAV, it suggests that the market may not fully appreciate the value of its property portfolio. This could indicate a buying opportunity if investors believe the company's assets are solid.

2. **Quality of Properties**: YNH has a diverse and strategically located portfolio, which includes high-quality residential and commercial properties. If these assets are performing well or have growth potential, they could eventually be recognized by the market.

3. **Market Conditions**: Broader economic conditions can affect investor sentiment. If the property market is currently facing challenges, this might depress share prices despite strong underlying asset values. As market conditions improve, YNH's share price may recover.

4. **Future Development Projects**: YNH has ongoing and planned developments that could enhance its asset base and profitability. Successful project launches or sales could serve as catalysts to boost the share price closer to NAV.

5. **Management Strategy**: A strong management team focused on maximizing shareholder value can be a positive sign. If YNH has strategies in place to unlock value from its assets, this could support a price recovery.

6. **Long-term Outlook**: Investors with a long-term perspective may find value in YNH’s shares, especially if they believe in the company’s fundamentals and the potential for market correction.

7. **Risk Considerations**: It’s essential to evaluate any risks that could affect YNH’s performance, such as changes in market demand, regulatory challenges, or economic downturns.

In summary, while a lower share price compared to NAV can indicate potential for YNH Property Berhad, thorough research and consideration of market conditions, management effectiveness, and future prospects are crucial for making an informed investment decision.

2 weeks ago

Good123

Price Target
A price target is an analyst's projection of a share's future price.

Average Target Price, Price Call and Upside/Downside here are derived from Price Targets in the past 6 months.

Last Price

0.435

Avg Target Price

1.85

Upside/Downside

+1.415 (325.29%)

https://klse.i3investor.com/web/stock/analysis-price-target/3158

2 weeks ago

Good123

The founder of YNH Property Berhad might support the company for several reasons:

1. **Vision and Legacy**: As the founder, they likely have a personal vision for the company and a desire to build a lasting legacy in the property development industry. Supporting YNH allows them to see that vision come to fruition.

2. **Passion for Development**: A genuine passion for real estate and urban development can drive the founder to support YNH’s projects. They may take pride in creating quality homes and commercial spaces that enhance communities.

3. **Financial Incentives**: The founder’s financial interests are closely tied to the company’s success. Supporting YNH can lead to increased property values, better returns on investment, and overall growth, benefiting them personally.

4. **Market Opportunities**: The founder may recognize the potential for growth in the property market, particularly in Malaysia’s urban centers. By supporting YNH, they can capitalize on these opportunities.

5. **Strategic Direction**: Having a deep understanding of the industry, the founder may feel it is their responsibility to guide the company’s strategic direction, ensuring it remains competitive and innovative.

6. **Talent and Culture**: The founder may want to foster a strong corporate culture and attract top talent. Supporting the company helps create an environment where employees are motivated and aligned with its goals.

7. **Community Impact**: Supporting YNH allows the founder to make a positive impact on the community through responsible development, sustainable practices, and contributions to local economies.

Overall, the founder's support for YNH Property Berhad can stem from a mix of personal passion, financial interests, and a desire to contribute to the industry and community.

2 weeks ago

Good123

Market Cap
RM230 Million @43.5sen

NOSH
529 Million shares

NTA RM2.14 per share

Say, worst scenario, write off RM1bil. NTA = rm2.15 - (rm1BIL/529MIL SHARES)~26SEN
IF WRITE 50% ONLY, nta = RM2.15 - (rm500MIL/529MIL SHARES) ~ rm1.20

#############AT 43.5SEN, SEEM A CALCULATED BET, ALSO, WITH glc AS TOP 10 INVESTORS e.g. CITIGROUP NOMINEES (TEMPATAN) SDN BHD (199301012273) 20,785,400 3.933%
URUSHARTA JAMAAH SDN. BHD.

2 weeks ago

Good123

DIRECTORS
Dato’ Dr. Yu Kuan Chon, DIMP, PPT, MBBS
(Chairman, Executive Director)
Dato’ Yu Kuan Huat, DPMP, PMP, AMP, PPT
(Managing Director)
Khong Kam Hou
(Senior Independent Non-Executive Director)
Ching Lee Fong
(Independent Non-Executive Director)
Lee Zhi Yan
(Independent Non-Executive Director)

2 weeks ago

Good123

DATO’ DR. YU KUAN CHON, DIMP, PPT, MBBS
62 years of age Malaysian, Male
Chairman, Executive Director
Dato’ Dr. Yu Kuan Chon was appointed to the Board of the Company on 3 September 2003, and became Chairman
on 20 February 2004. After obtaining his medical degree in 1988, he began his career as a houseman in Klang,
followed by a role as a medical officer a year later. He subsequently served as a medical officer in hospitals in Ipoh
and Taiping, Perak. In 1995, he left government service to assist in the family business.
Currently, he is a Non-Independent Non-Executive Director at Rapid Synergy Berhad, a public company listed on
the Main Market of Bursa Malaysia Securities Berhad.
He is the brother of Dato’ Yu Kuan Huat, DPMP, PMP, AMP, PPT, and he is a major shareholder of the Company.
He has no conflict of interest or potential conflict of interest with the Company or its subsidiaries. He has not been
convicted of any offences within the past five (5) years other than traffic offences, if any, and has not been imposed
any public sanction or penalty by the relevant regulatory bodies during the financial year ended 30 June 2024.


DATO’ YU KUAN HUAT, DPMP, PMP, AMP, PPT
66 years of age Malaysian, Male
Managing Director
Member, Remuneration Committee
Dato’ Yu Kuan Huat was appointed to the Board of the Company on 3 September 2003, and subsequently assumed
the role of Managing Director on 8 October 2003. Prior to joining the Board, he served as the Managing and Founder
Director of Kar Sin Bhd, now a wholly-owned subsidiary of the Company. With over 30 years of experience, his
expertise covers a broad range of industries, including property development, construction, money lending, and
aquaculture.
He serves as the Alternate Director to Dato’ Dr. Yu Kuan Chon, DIMP, PPT, MBBS, at Rapid Synergy Berhad, a
public company listed on the Main Market of Bursa Malaysia Securities Berhad.
He is a substantial shareholder of the Company and he is the brother of Dato’ Dr. Yu Kuan Chon, DIMP, PPT,
MBBS.
He has no conflict of interest or potential conflict of interest with the Company or its subsidiaries. He has not been
convicted of any offences within the past five (5) years other than traffic offences, if any, and has not been imposed
any public sanction or penalty by the relevant regulatory bodies during the financial year ended 30 June 2024.

2 weeks ago

Good123

KHONG KAM HOU
75 years of age Malaysian, Male
Senior Independent Non-Executive Director
Chairman, Audit Committee
Member, Nomination Committee
Member, Remuneration Committee
Mr. Khong Kam Hou was appointed to the Board of the Company as a Senior Independent Non-Executive Director
on 31 March 2023. On the same day, he was also appointed as a member of the respective Board Committees. He
was later redesignated as Chairman of the Audit Committee on 1 March 2024.
He graduated from the University of Malaya with a Bachelor's degree in Economics in 1974 and joined the
Department of Inland Revenue, Ministry of Finance, as a tax cadet officer in early 1975. Over the course of his
career from 1975 to 1991, he served in several key units within the Inland Revenue Department, including tax
assessment, corporate tax, and tax investigation. In 1992, he left his role as a senior tax officer and practiced as a
licensed tax consultant from 1992 until 2019.
He has no other directorship in public companies and listed issuers. He has no family relationship with any director
and/or major shareholder of the Company.
He has not been convicted of any offences within the past five (5) years other than traffic offences, if any, and has
not been imposed any public sanction or penalty by the relevant regulatory bodies during the financial year ended
30 June 2024.
He has no conflict of interest or potential conflict of interest with the Company or its subsidiaries.

CHING LEE FONG
46 years of age Malaysian, Male
Independent Non-Executive Director
Member, Audit Committee
Chairman, Nomination Committee
Chairman, Remuneration Committee
Mr. Ching Lee Fong was appointed to the Board of the Company as a Independent Non-Executive Director on 31
March 2023. On the same day, he was also appointed as a member of the respective Board Committees. He was
later redesignated as Chairman of the Nomination Committee and Remuneration Committee on 1 March 2024.
He graduated with a Bachelor of Engineering (Electrical & Electronics) from University Technologi Malaysia. He is
currently serving as a Senior Engineer at Intel Microelectronics Sdn Bhd and brings over 23 years of experience in
the electrical and electronics engineering industry.
He has no other directorship in public companies and listed issuers. He has no family relationship with any director
and/or major shareholder of the Company.
He has not been convicted of any offences within the past five (5) years other than traffic offences, if any, and has
not been imposed any public sanction or penalty by the relevant regulatory bodies during the financial year ended
30 June 2024.
He has no conflict of interest or potential conflict of interest with the Company or its subsidiaries.

2 weeks ago

Good123

LEE ZHI YAN
30 years of age
Malaysian, Female
Independent Non-Executive Director
Member, Audit Committee
Member, Nomination Committee
Member, Remuneration Committee
Ms. Lee Zhi Yan was appointed to the Board of the Company as Independent Non-Executive Director on 1 March
2024. On the same day, she was also appointed as a member of the respective Board Committees.
Ms. Lee Zhi Yan graduated with a Bachelor of Commerce from Monash University, Australia. She also holds several
professional qualifications, including membership in the Malaysian Institute of Accountants (MIA), the Malaysian
Institute of Certified Public Accountants (MICPA), and Chartered Accountants Australia and New Zealand (CAANZ).
She began her career as an Accounts Officer at 7-Eleven Australia and later managed vendor details and payments
at Kalari HSE Australia. In 2018, she joined PricewaterhouseCoopers PLT as an Assurance Senior Associate,
contributing to audits, risk assessments, and mentoring junior staff.
In 2021, she became Assistant Planning & Reporting Manager at Dutch Lady Milk Industries Berhad, focusing on
financial planning and process improvements. Currently, as General & Sales Accounting Manager at Goodyear
Malaysia Berhad, she oversees financial reporting, compliance, and accounting activities, while serving as a key
business partner.
She has no other directorship in public companies and listed issuers. She has no family relationship with any
director and/or major shareholder of the Company.
She has not been convicted of any offences within the past five (5) years other than traffic offences, if any, and has
not been imposed any public sanction or penalty by the relevant regulatory bodies during the financial year ended
30 June 2024.
She has no conflict of interest or potential conflict of interest with the Company or its subsidiaries.

2 weeks ago

Good123

Corporate Development
The Board is pleased to inform that the conditions precedent of the Sales and Purchase Agreement for 163 Retail
Park have been fully met, making the agreement unconditional as of 23rd September 2024. This milestone not
only affirms the value and appeal of our development but also demonstrates the market's recognition of its prime
location and quality. The successful completion of this agreement reinforces our position as a developer of highvalue properties and strengthens the company's financial outlook.

2 weeks ago

Good123

For the financial year ended 30 June 2024, YNH Property Bhd (“YNHP” or “the Company”) delivered solid results,
with revenue predominantly driven by the sale of Solasta Dutamas, our flagship project located in Kuala Lumpur.
Meanwhile, in the state of Perak, the Manjung Commercial Shoplots and Manjung Point Township have been the
primary contributors to the Group’s performance, demonstrating the strength of our diversified portfolio.
Located in Dutamas, Kuala Lumpur, Solasta Dutamas has a GDV of approximately RM720 million, and is expected
to contribute positively to the Group’s earnings for the next 2 years. As at 30th September 2024, the construction
of Solasta Dutamas is progressing smoothly, with the first tower already topped out, while the remaining two
towers are at the super-structure stage of construction. The project has been well-received by prospective buyers,
with over 70% of the total units sold. The strategic location and premium offerings of this project provide a strong
outlook for sustained revenue generation.
In Perak, our ongoing township development of approximately 700 acres in Seri Manjung is a long-term growth
engine for YNHP. The Manjung Point Township residential units and Manjung Commercial Shoplots continue to
deliver consistent revenue streams. With a forecasted development horizon of 20 to 30 years, this project positions
the Group well for sustained future profitability.
The value of our Seri Manjung township has been further enhanced by the presence of key facilities such as AEON
Seri Manjung and Pantai Hospital Seri Manjung. These facilities not only improve the quality of life for residents but
also increase the attractiveness and long-term value of our developments in this area.
Looking ahead, the Group is preparing to launch several high-potential projects, including Residensi Bangsar
South, located adjacent to KTM Angkasapuri, Residensi Bangsar South has an estimated GDV of RM470 million,
and is expected to launch in 2025 subject to final authority approvals.
Another prestigious future project by YNHP is the development of Menara YNH. The commercial development
spans around 3 acres along Jalan Sultan Ismail, positioned within the bustling Golden Triangle of Kuala Lumpur
City Centre. The location of Menara YNH offers easy accessibility and close proximity to public transport facilities.
This development has an internal targeted GDV of approximately RM4 billion.
The Menara YNH mixed development will comprise the mix of hotel, service apartments and shopping mall.
Contribution from this project which includes rental income is expected to contribute positively to the Group’s
future earnings.
Last but not least, 163 Retail Park SPA is unconditional as of 23rd September 2024. This provides certainty of the
final payment of Balance Purchase Price due by 22nd December 2024. Approximately RM161 million of the sales
proceeds will be strategically allocated to reduce the company's borrowings, significantly improving our gearing
ratio and generating substantial savings in interest expenses.
The Group remains focused on creating long-term value for our shareholders by pursuing strategic growth
opportunities, optimizing our project portfolio, and maintaining prudent financial management. With a strong
project pipeline, continued demand for quality properties, and supportive market conditions, we are confident that
YNHP is well-positioned for sustainable growth in the coming years.

2 weeks ago

Good123

Last Price
0.435
Avg Target Price
1.85
Upside/Downside
+1.415 (325.29%)

https://klse.i3investor.com/web/stock/analysis-price-target/3158

2 weeks ago

Good123

Takda fraud jika Ada directors dah masuk jail macam najib 😂

2 weeks ago

Good123

Privatize it cheaply, relist without the rm1bil jv projects😎

2 weeks ago

Good123

Or use a Sdn Bhd to acquire the jv projects at rm1bil or less

2 weeks ago

Good123

Taking out the controversial rm1bil jv projects would make ynh to fly. Wait n see

2 weeks ago

Good123

Jika Yu brothers buat accounting fraud macam Enron, dah masuk penjara macam najib dah 😅

2 weeks ago

Good123

I think pecat independent directors & CFO solusi jugak

2 weeks ago

Good123

As of November 5, 2024, YNH Property Bhd has not publicly disclosed the identity of its Chief Financial Officer (CFO). The company’s leadership includes Chairman and Executive Director Datuk Dr. Yu Kuan Chon and Chief Executive Officer Kuan Yu.  Additionally, the Audit Committee is chaired by Senior Independent Non-Executive Director Khong Kam Hou. 

2 weeks ago

Good123

Removing and preventing accounting fraud is crucial to maintaining integrity, transparency, and trust within an organization. Here are some steps that can help address and prevent accounting fraud:

1. Establish Strong Internal Controls

• Segregation of Duties: Divide financial responsibilities so no single person handles all aspects of a transaction.
• Authorization and Approval Systems: Ensure all financial transactions are authorized by appropriate personnel.
• Access Control: Restrict access to financial systems to only those who need it.
• Regular Audits: Conduct regular internal and external audits to detect irregularities and ensure compliance.

2. Implement Ethical Standards and Compliance Programs

• Code of Conduct: Develop a clear code of ethics and ensure all employees are familiar with it.
• Training Programs: Provide training on ethical standards, anti-fraud policies, and the consequences of fraud.
• Compliance Monitoring: Continuously monitor adherence to regulations and internal policies.

3. Use Data Analytics and Forensic Accounting

• Data Monitoring Tools: Employ software to analyze transactions and flag unusual patterns or outliers.
• Forensic Accounting: Consider having forensic accountants review the financials if fraud is suspected.

4. Foster a Culture of Transparency and Accountability

• Whistleblower Programs: Implement a system for employees to report suspicious activities anonymously.
• Open Communication: Encourage open communication between departments and maintain a transparent environment.

5. Strengthen Financial Oversight

• Audit Committee Oversight: Ensure that an independent audit committee oversees the company’s financial reporting.
• Regular Financial Reviews: Conduct regular reviews of financial statements, with cross-verification by multiple team members.
• Detailed Reconciliation: Perform regular reconciliation of bank statements, accounts, and balance sheets.

6. Regularly Update Anti-Fraud Measures

• Stay Updated on Fraud Schemes: Fraudsters constantly develop new methods, so staying informed on the latest fraud tactics is crucial.
• Review Policies and Procedures: Regularly update financial policies to adapt to new risks and regulatory requirements.

7. Engage with External Auditors

• Independent Audits: Engage reputable third-party auditors to review financial statements independently.
• Periodic Audits: Carry out periodic, unannounced audits to deter fraudulent behavior.

Taking these actions helps to establish a strong foundation against accounting fraud and promotes an ethical organizational culture.

2 weeks ago

Good123

Take private & relist excluding the jv rm1bil habis cerita

2 weeks ago

Good123

Yu brothers Tak macam najib Ka? Tak masuk jel lagi 😀

2 weeks ago

Good123

Bro Yu Ada curi wang syarikat Ka? Bukan kes najib kan?😅

2 weeks ago

Good123

CFO takda junior ac staff buat salah kot ? Ikut arahan Yu Ka? Takda finance director mahupun CFO bukan?😂

2 weeks ago

Good123

Tak Tau buat proper accounting entries untuk jv rm1bil Ka?😅accountant takda atau bro Yu paksa ac staf sengaja buat salah? Macc dimana?

2 weeks ago

Good123

Tak pasti sama Ada bro Yu Akan berada di sg buloh bersama bro najib 👀🫵🏻

2 weeks ago

Michael Kwok

Ynh 46 cents
Possible will up above 50 cents range.but sell on strength.
Let see how it move after above 50 cents.
17/11/24 7pm

3 days ago

cokodokpisang

Sudah 53 cents. Take profit liao.. leave some at 60 sen, to feed the greed.

1 hour ago