This is very normal to manipulate the stock price in Malaysia.
But the way of doing it by MD Tan Wye Chuan & Steven Kuah is very greedy & unethical.

We can see the same mechanism applied by them on Fast & Kanger. Those long-term investors from last time who bought at 0.40 & above experiencing big losses. This kind of practice is very unethical. You also have children and please do some good things & give good example to your children.

nasilemak5, I assume u are the internal people of Fast. Fast is considered ok?

1. New low at 0.045 yesterday.
2. Private Placement multiple times.
3. Money left hand to right hand to CCK Petroleum which is Steven Kuah company.
4. After Private Placement, Steven Kuah will transfer the money out to CCK Petroleum.
5. After that , share consolidated, push the price up to get ready for next round of goreng.

Fast old directors sold the company to Steven Kuah and the gang already. This company is purely goreng counter. Once Steven Kuah got sufficient money already, this company will be abandoned.

The new company website is https://fastenergy.com.my/

Private Placement few rounds to get more money,
then the director acquires CCK Petroleum (Substantial Shareholder, Steven Kuah) company. Holding 35% shares and Fast is planning to buy another 35% at 28 mil. This is clearly to cash out the money from Fast to personal company. RM 28 Mil to buy 35% of the shares of the company with only RM500K paid up capital, RM32 mul annual revenue, with only RM900K net profit.

After the acquisition of the 35% shares of CCK Petroleum, & also share consodilation 6 to 1, then press the price down again.

Fast is gone.
Same case as what kanger experienced.

1) Right Issue &, ESOS & Private Placement
2) share consolidation
3) After consolidated, continue dropped

The executive director is Tan Wye Chuan (Biz Partner of Bryan Loo brother container hotel business and Bryan Loo friend. Bryan Loo is tealive boss)

The majority shareholder is Steven Kuah. Steven Quah is CCK Petroleum Sdn Bhd boss, that Fast just acquired this company shares. Steven Kuah is also a friend of Bryan Loo and Tan Wye Chuan.

Steven Kuah is also a shareholder of Kanger.

First Berry Sdn Bhd is also the majority shareholder for both Kanger and Fast.

Very obvious Fast and Kanger related company for goreng.

The same gang of people controlling this company which is Tan Wye Chuan, Steven KCC & Fast Berry Sdn. Bhd.

Kanger right issue , Fast also right issue afterward
Now Kanger consolidated shares, Fast might also follow.

Kanger share price diluted tremendously to penny stock, fast also the same

The executive director is Tan Wye Chuan (Biz Partner of Bryan Loo brother container hotel business and Bryan Loo friend. Bryan Loo is tealive boss)

The majority shareholder is Steven Kuah. Steven Quah is CCK Petroleum Sdn Bhd boss, that Fast just acquired this company shares. Steven Kuah is also a friend of Bryan Loo and Tan Wye Chuan.

Steven Kuah is also a shareholder of Kanger.

First Berry Sdn Bhd is also the majority shareholder for both Kanger and Fast.

Very obvious Fast and Kanger related company for goreng.

The same gang of people controlling this company which is Tan Wye Chuan, Steven KCC & Fast Berry Sdn. Bhd.

Kanger right issue , Fast also right issue afterward
Now Kanger consolidated shares, Fast might also follow.

Kanger share price diluted tremendously to penny stock, fast also the same

Hi @newguy0801 my original username is newguy0801

Fast has relocated their office from a big factory lot at 11, Jalan Pasaran 23/5, Seksyen 23, 40300 Shah Alam, Selangor to Solaris Mont Kiara office lot. Is it the new office is actively operating?

And no proper website for this company. Public listed company do not have a proper updated website?

The executive director is Tan Wye Chuan (Biz Partner of Bryan Loo brother container hotel business and Bryan Loo friend. Bryan Loo is tealive boss)

The majority shareholder is Steven Kuah. Steven Quah is CCK Petroleum Sdn Bhd boss, that Fast just acquired this company shares. Steven Kuah is also a friend of Bryan Loo and Tan Wye Chuan.

Steven Kuah is also a shareholder of Kanger.

First Berry Sdn Bhd is also the majority shareholder for both Kanger and Fast.

Very obvious Fast and Kanger related company for goreng.

The same gang of people controlling this company which is Tan Wye Chuan, Steven KCC & Fast Berry Sdn. Bhd.

Kanger right issue , Fast also right issue afterward
Now Kanger consolidated shares, Fast might also follow.

Kanger share price diluted tremendously to penny stock, fast also the same