Second Letter to The Star editors,

Ref: Technically false news report to facilitate stock market manipulation is criminal activity. Why silent?

Dear Dato Dato and Tan Sri Tan Sri behind the "largest Conspired Newspaper" in Malaysia. The story of MQ Technology Bhd promoting 2 fake news on The Star newspaper the last 10 days, followed by insider trading selling down MQ Tech warrants and shares on 14 December 2016 from 9am-5pm causing the lost of 58% and 31% respectively before public knows it, and then follow by announcement on Bursa Malaysia by 7pm telling the world the earlier news is "fake". This is crime!

I can accept "commercially challenging news", but not "fake news"! It's pure cheating!

The appointment and media write up on the 2 new directors are also overly hard selling, non racist, but they added the misleading impression to the syndication of MQ Technology Bhd share price run up after these news published.

Investors are more bizarre and angry, when the executive director Teh Eng Huat resigned the same day. Teh Eng Huat "resigned" just weeks after he spent $9.3 million huge money to subscribe to the Right Issue? Wasn't this an unusual way to exit the board or company after spending so much money, as if "those money are not his money", or "illegal money obtained & ready to loss it all", or maybe "something is at his tail he has to panic sell and by T3 cash out and run away"?

All these potential law breaking and heart breaking abuses and potentially serious crime with the "help" of The Star were left unanswered, and The Star "kept silent" until today?

As for Bursa Malaysia, how could Bursa Malaysia also kept silent and did not suspend the company and go after the people who knew the bad news as "insiders", sell the shares in a rush, and going to run away by T3? How could Bursa Malaysia protect minority shareholders interest?

By tomorrow T3, this person Teh Eng Huat and his proxies who sold the shares, would be running away with the money in the bank, and there is nothing Bursa Malaysia and Securities Commissions can do about it. Far away from oversea, looking at the media and authority is like watching chimpanzee show. Cute and clumsy, and felt stupid talking to the hand.

Who is this Teh Eng Huat? What he did and why he left all a sudden remain mystery. One thing is for sure - someone sold shares before news announcement. Clear insider trading. What say Bursa Malaysia and Securities Commission?

A loyal fan who felt cheated by The Star

(XXXXX sorry no name on public, except to the editors)

15 December 2016

P/S: Earlier letter http://klse.i3investor.com/blogs/newsorcrime/111713.jsp

----------------------

Limited information obtained from Bursa Malaysia:

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5277377

Changes in Director's Interest (S135)

Information Compiled By KLSE

Particulars of Director

Details of changes

Currency: Malaysian Ringgit (MYR)

Subscription of shares pursuant to the Rights Issue

Direct Interest

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5289077

Change in Boardroom

Due to his other commitments and responsibilities

Direct Interest :100,960,000 (24.341%)