[continue]

Chong: We set them up, ask them sign SD, sue them to put all blame to them. They will lost credibility and we follow advisor ask them pay all the cost we created.

Son: We are the one sign agreement, do due diligence, pay everything and they were never on board and no right to do executive director job. you did. How the lies cover up this?

Chong: Advisor says so, we will do as said. Tey & Ooi got their own enemy, we put blame on them, use them, and put enough bad image will cover up what we did.

Son: But... we agreed to tell them if there is problem and let them replace other assets. Oil price also drop so much, sell also difficult. If anything goes wrong with the asset, in agreement they did not cheat anything. Wasn't that our faults failing the due diligence? What dispute they may have we should inform them, they will help us. If really not good, we should honour our words to solve together. Maybe they have win win ideas that solve the problem?

AdvisorR: Chong, you will win a RM500 million company Protasco. Tey & Ooi will loose. Just set them up put a blame. Even though they have proof, you put up 100 stories is enough to bad name them. Nobody will see your wrong doing.

Son: Father signed an agreement, this is the start by father, and because of time, he did not disclose his personal interest. You ask him sign SD together with Tey and Ooi, wasn't father is the most implicated suspect of lying to SD?

AdvisorR: Spend money, paint them bad. Instigate their other investments. Made them looks like got many problem. Use PDRM and authorities to do the dirty work. media is simple, pay and they write whatever you want them to see.

Son: Dad, Tey and Ooi did not attack us because they are shareholders of Protasco. they feel the pain. How bad are they, they saved us, and our communication is very bad. If we don't like a partner, we can negotiate. Why we never ask?

AdvisorR: Chong you must make your mind think the bad way. They cheat you. Even though you know they didn't you have to think that way. use the authority, no company is perfect, kill them.

Son: Dad, we have the RM500 million company already, for cover up what we did, kill so many innocent investors is not right. They are bad, but nothing to do with us. We have our own dirts inside Protasco. We also did many bad deals in overseas, and Protasco carpet it as commercial decision. Why pay all these cost? We lost hundreds of millions of projects, spend tens of millions for funny things just to discredit them, they probably lost hundreds of millions also. Eventually, the facts that we sign the agreement and did not disclose to the board our personal interest, and worst we sign the SD. How?

Ibrahim: This is madness, criminal and sin, my moral and religion cannot allow me to involve in such.
[http://www.bursamalaysia.com/market/listed-companies/company-announcements/4882413]

Tan Sri H: Chong you lied to me and ask me sign resolution, you presented to us in the board, you did due diligence, and you process the whole thing. Now you paint your partners Tey & Ooi bad person, it doesn't covers these facts. You don't know how to talk to them is your problem. Just don't let my implication affect me.

Chong: Advisor says will not be seen as long we cover up. We just find Tey & Ooi enemy and use them. It will cover up over shadow our own problem.

Tan Sri L: Too much. It's suicide boomer, Chong your decision that initiated the deal. Cannot run. Business problem bigger than this were solved in business way. I heard both stories, the truth is straight, and they felt cheated, you too. But deep down, you know what you promise and you did not communicate. Problem never solves.

Dato Sri: Your dirts in Protasco people knew and did not hit you because they are also shareholders. Your hand is full of blood and still doing. Why you do this?

Chong: I do it for my son.

Dato Sri: You are creating enemy and hell gate for your son. Be sensible, your partners protect their own staff and investors, take your hit. Eventually will hit back when truth is out. Nothing could be solve unless business solution. It may cost more sin for you son than anything else you created.

[continue]

AdvisorR: We set up stories, finds any faults Tey and Ooi has, and put traps to paint them bad person. Oil project we sudden terminate, they will panic cannot handle their vendors and guarantors. We just name them the owners as their finger print everywhere. Good excuse to divert the attention from you Chong. Else market will see your failure to execute the project. No face.

Chong: How people gets the projects, any dispute or owning the asset, has nothing to do with the fact I made promise, I did not disclose to board my interest so it speeds up, and I told Tey in front of banker I promise to take Tey assets be it referral or owned, and shall inform him to replace with other assets if I find got issue. Tey done his job and helped me sits here, and I betray him? How to be named ungrateful person and bites hand who feeds?

AdvisorR: Don't tell Tey what are the problems. Just kill him then you will have the company. You got old networks, you just tell your stories enough, people will believe. Kill him by finding any bad deal he did berore. Tey and Ooi may have done 100 deals, must have 5 at least not good or got dispute. It's normal in business, but we purposely highlight it to create perception. They have public listed companies as investment. How they invest supposedly their own problem, but made up stories, create some trouble, instigate authority to create patterns of trouble as if they are so bad, then people will only look at them. They will not see your obvious problem - that you signed an agreement and did not disclose to the board your personal interest. We trap them to sign a SD, you sign also, no worry, the board you control. then purpose do character assassination when they went oversea.

Chong: Shouldn't I talk to them and tell them what concerns me?

AdvisorR: Don't tell. You know Tey and Ooi can solve problems if they know you cannot handle. You want to cover up, just kill them.

Chong: They saved me. I could ask them solve it, or talk to them to replace other assets because I cannot handle. We wasted them 1 1/2 years, oil value also goes down. If also give them 1 1/2 yr to solve the problem, oil contract also expired, how? Maybe they can find corporate solutions.

AdvisorR: Bursa and SC are watching you because you drag too long the process. You could have finish it up in 6 months, go shoot the oil and make money, and hire professionals to run. You could have told Ooi your director to handle the company broker benny or herman, made known to them, they will help look into the dispute, if no good, they have time to find other assets that fits you. But you wasted too much time. Yes, you can still get their help but why do it? you could have own the company by yourself. Set them up, put a blame, Bursa and SC, can be settled, don't let them see your problem. PDRM and so on, hire PI, experts and ambush them. Made up 100 stories they are bad, people are short sighted. They will think they are, and you hide behind Protasco. Nobody seed your hands cresting all these troubles. Bursa and SC are also human only look flying letters you send out. We put flying letters also in Indonesia.

Chong: They are my partners. How can I do this. I basically cheated them to buy Protasco, and did not honour my words.

AdvisorR: OK, made up your mind to make yourself believe the other way round. They cheated you and refer you bad deal.

Chong: Market will think I am stupid. 1 1/2 yr I lie to people to put blame the ownership of the assets. Proof will show they are not how? And yes or not, there is no element of cheating. In fact, I have the proof of cheating them signing agreement and did not deliver. I did not even ask them about the issues, just kill them like that. I can't sleep.

AdvisorR: You know they can turn around project, even do good deals if they are in Protasco. You will have some problem like the boss earlier. Spend enough money (to advisors), you can cover up.

[Jan 2014]

Chong: threaten their staff, lie to them and get them as ally. Made up enough bad impression, people will believe. Burn money every where. Protasco has money.

Son: We lost 100 million, wasn't it no moral to do this? Maybe we told them the problem earlier, they can help and find solution. The brokers Benny and Herman we only hear their story, we should clarify. If not good, they can find alternatives.

Chong: Follow Advisors, make your brain think the other way. They cheat us.

Son: But... they helped us. Face to face talk, things are not that difficult. Maybe if dad scares, I talk. People trust us, we shall solve problem together.

[lies continues]

Au: Chong said he is in a rush, the oil project we brokerage has few on-going debtors and creditors.

Tey: Any company also have debtors and creditors. Benny signed agreement he will deal with Herman, and Herman defaulted on the money he borrow from us, I heard our client company cheque he borrows was bounced back, police report were made. It's normal business breach of contract, so let them sort out as per contract, likely Benny will honour pays Herman take care of him he promise, don't see any issue. If any issue, we trust Chong will let us know. he promise and he ask us to stay behind.

Chong: Faster Larry, shorty cannot wait.

Tey: But..

Chong: Give me what ever you have. Paper works.

Tey: My asset is in process how? Update later along the way? Vendors need to be paid, their loan etc.

Chong: I agree to propose it, and get approval to do down payment, and promise to complete within 6 months.

Ooi: We don't join the board now? How come? We buy the company and he induce us to "trust him" and find excuse don't want us on board. How do we know he will complete the oil project within 6 months as per agreement? Our investors loan has to repay, and vendor company guaranteed that. Wasn't this cheating?

Tey: Chong said he will present, propose and influence his board. He things we own the assets is not good to be on the board. We are OK even it's RPT, but he cannot wait. Moreover, we did not buy over the assets, it's back to back pledged to to vendor and investors who gave the loan. Everything transparent and legally handled.

Ooi: OK then I go in myself. I chip in money I must see what Chong is doing. But he is the only

Tey: What about Augustone? He can handles well the project? We have nobody involved in the entire due diligence.

Ooi: I trust Augustone. Anything he shall inform.

Ooi: The staff of ASU, Tjoe Yudhis, is he trusted?

Tey: Like all Indonesian companies, all bosses are not in any company name. Almost all big corporations staff don't know the actual bosses except the commissioners. We do well like most private bankers. We protect our clients privacy. They fund us, we screen through projects and help them gets funding. We stick to our profession and job ethic.

Ooi: OK, so Yudhis shall work for the vendor company, he only knows us the consultants. Pak Dedi he knows as the shareholder, so should be good enough to represent the project company. Nobody tells staff what deals we arrange, business information. End of day Protasco will run the oil business anyway. ASU has many other oil projects, vendor don't need to involve in this project. We trust Chong will do a good job.

Tey: Yes, we must trust Chong. Any problem he could talk to us. Let him handles.

[1 year past]

Chong: Do double due diligence, use all top auditor, RISS Australia, GT Singapore, etc. Dispute of shortage of oil never mind.

Son Kenny Chong: Site visit see well. All ok.

Tey: Chong how is the process doing? Why so long? Can or cannot do, let me know. Oil was 100 dollar and now going down. The asset gets better value year back, want to flip to others may not have time.

Chong: Still in process. I will do it.

[1 1/2 year past]

Chong: Son, rush fast. We demand Indonesia government must give us 10 years contract in writing.

Ooi: The oil company ask to perform 2 months work, then let them process contract. Government is the one we shall follow, not demand them to follow us.

Tey: I put trust on you Chong, snd 1 1/2 years gone. You are the only executive director legally allowed to carry on the work. Why not I exercise my shareholders right as per agreement and appoint me as executive director? I can help you process this and you tell me what is the problem.

Chong: Tey wants to come in how?

Tan Heng Kui: We let him be non-executive director. Just do it. Don't put him an ED.

Chong: I know Tey can rescue and handles well the oil project. As long he founds out the problems, he can easily solves it when he has power.

Chong ket pen to cover up the only question he can't answer, made up stories to discredit his own saviour, They and Ooi who help him sits on Protasco today, is disgusting.

he can't answer "why Chong signed an agreement and did not disclose to his board his personal interest. he further signed a SD."

Stories telling it is, here is what story Tey & Ooi may have con by Chong:

Banker: Larry you need to help this Dato Chong. It's October 2012 and Chong has 1 1/2 months to find buyer to take over his boss shares in Protasco.

Tey: Why should I invest in this company?

Banker: he is a Chinese, help him. You can use the company to expand your business in Malaysia. Meeting next week in Singapore.

Tey: I we raise fund from investors and pay RM100 million buy the company, he promise to let us inject or refer deals total up to our investors returns, about US55 million. You sure he guarantee honour his words?

Banker: You own the company, he shall take good care of you. Let him delivers.

(Chong can't wait until Singapore, met Tey in Malaysia to tell his story)

Chong: Mr Larry, my boss Tun Daim shorty wants to eat me. It's October and I have no time to find investors. I will sign anything to save my career. I lost everything. You have anything to inject, I promise to do it. I need it fast. Deadline is 31 December 2012.

(Dato Ibrahim appointed few directors and removed Chong from his existing position few months ago).

Ooi: Tey, Chong Ket Pen is who? Why we need to help him? We have other better business to do and projects on-going.

Tey: Chong was referred by my good friend, a Singapore banker. According to the banker, Chong is a Chinese and he said his boss Tun Daim wants to eat him by injecting some land assets he feels will dilute him.

Ooi: Still if we control a construction company, it's not interesting as we are working with Indonesia businesses in resource and oil & gas.

Tey: Never mind, according to Chong, he will run the company for us, promise us to inject anything good we have into company, spell clearly in agreement be it we own it or referred, up to a combined value of US55 million. Banker told Chong to allow us to replace any other assets, so our investors return are assured. We can grow the company bigger with better high growth business like oil and gas. He is a Chinese, we help him.

Ooi: We are just consultants ourselves, unless we wants to own the assets, which we don't want. How to meet Chong deadline of just few weeks, what if we buy the assets first and openly declares? We have no time pressure. But Chong has time pressure, it will takes 45 days or more past 31 December 2012 Chong's boss deadline?

Tey: Chong promise in front of banker, he shall honour his promise to buy our assets, be it our own or referred. He knows he don't have time for EGM which past the deadline.

Chong: I signed the agreement on 3 Nov 2012, shorty is pushing me, I will propose to the board immediately, and get it approved. Tey and Ooi you don't surface first, I will do the job for you.

Tey: the oil asset is still in process, you sure you wants to rush?

Chong: Give me what you have. We signed agreement just stated I will buy "anything in oil & gas in the oil district", total US55m, and I promise you to replace any other assets if got any issue; in exchange you find investor to take over Protaso buying over Tun Daim block.

Chong: If I declares I signed an agreement, Ibrahim will know and board will know I have backer/investor, and I have side deal. It's RPT if shows I have interest, it will take months to get EGM shareholder approval, I can't wait how?

Tan heng kui: never mind, just prepare propose to the board. Don't let Tey & Ooi comes in, they cannot enter the board. So nobody knows they existed, and nobody knows you signed an agreement and did not disclose, so don't need EGM.

Chong: We don't have enough time how? Skip the board?

Tan heng Kui: ask secretary, we rush through board resolution and think later.

Secretary: The asset belongs to Tey & Ooi, it would be long past deadline if we go through EGM, how?

Chong: They did not buy off and transfer the the assets to their name, should be OK. In front of banker I promise them already be it their own asset or not. I placed the order, they will help clean up and prepare nicely, this is normal any consulting firm will do.

Tey: Ok, I refers Mr ooo's new hired project manager Augustone Cheong Kok Fei to help you monitor the project. Who you send over to do all the due diligence?

Chong: My son Kenny Chong. I can only trust him, nobody else in the board.