Hajahah. Gotcha
Spin spin surrounding obvious cover up. You dont know what you playing with.
Come bk to chong he signed an agreement and he did disclose to his board ya his personal interest in the agreement?

You ask CIMB show their private client info lor. Maybe any banker who arrange private deals.

Come back to chong. He sign an agreement and did he disclose to his board?

Hahaha. Cannot fins the consultant cendor seller, siplayar etc. Ask from chong staff here. Good bailt.

LOL LOL. See gotcha. Spin still.

1. Chong signed agreement and did he disclose to board?
2. Chong agreement non disclosure he has personal interest and he further signa sd
Arms length it is. Still no answer

See he avoid answering and cut and paste his legal point covering up chong obvious position.
Why chong signed agreement and did not disclose to his board he has personal interest? Then watch how he divert:

He is a lawyer good ofcause

Still spin and spin.

So explain.

1. Chong sign agreement deceive tey and ooi buy over protasco shares
2. Chong exchange for assets purchase
3. Chong did not inform his board disclose his personal interest

So arms length he does?

Wah! Chong son really fish enough and more he does more it shows the main question sureounding his father. He cant answer. Wake up lo! Play until goes in coffin. I am stupid, deceive, etc etc. He is stupid? No mouth to "ask or clarify"? He ask money from deug dealer, he got it. Then what they did chong wants the help and ask to buy cigarette. He said illegal smuggling wor.

That lie holds his balls together. He can sleep? Can answer who he did not disclose to his board he signed a personal interest agreement? Look at mirror.

Chong who fries wolfs think people dont see his lamb skin covering his long tail.

Gotcha!

Oh like that. So you think the consultants are the owners.
And chong only knows it later, he did not sign agreement knowing it is their assets?
You sure he admit he is stupid and he dont know?
More over it is not theirs un fortunately. You are good to divert attention. Chong cannot lie what he really is doing.

He sign "another agreement" to put his money in secure of he finish deal. But he needs money. So he ask for it and it pays off to his own company.

An advisory firm arrange for or front their client, you made your own story.

Yet, despite all diversion, still chong did not answer why he lied to his board of himself signs an agreement and not disclose? So this mother of the problem, he spin and spin and proven back 100 yeara ago the oil area was illegal taken by Dutch from local natives. So?

Chong biggest question, he cant answer.

Fish fish. Answer loh chong son.

Why chong cannot answer his arms length sign agreement having personal interest and did not disclose breach fiduciary and statutory duty? What is this ar?

Really? That shows a salesman owns the company ar? Interesting theory.
Gotcha! Chong arms length undisclosed to his board trying to put blame on arma length caught right there. "Complicated" suicide point "still" he cannot answer.

Gotcha! Fish fish they have interest yea!?

Chong sign agreement and did not disclose and yet sign SD. He deceive tey and ooi to trust him and deceive his board to believe he has an arms length, double side sward and his advisors ask him use it, instead of negotiate. That single question he pin himself close and close to coffin. His son dont even know what he is dealing with as if fun mass killing innocent investors. Good person dont do this. Wake up.

Did not see any movement of major shareholders. Chong "again" son talk here his broker wayang2 there sell share. Chips a lot in market for N. So as a lot of small investors. Let him wayang for the while. Business good market will recover when world market recover. No big deal.

Agree

Oh like that. Smart brokers buy for 18 billion. So cheap lah. So chong jealous? Arms slength cannot find owner supplier etc? So Apple phone sold through Orange shop for 3,000 ringgit and you jealous Apple produce in china for 200 ringgit? You blame your dirty hand drop iphone to Apple using child labor and poison material? Bla bla

Still chong cannot answer he signs agreement and did not disclose, arms slength?

Yes talk price can down. Funny. Chong happy to see his own saviour lost money. What kind of loser is this? People business stable, share price up and down is market force. Maybank also drop from 10 to 2.50 when market bad. Conspirary self explanary. Ask chong wake up and look into mirror.

18bil acquisition? I though though you said investment? Confused.
They buy for 1 dollar sold to someone 100 dollar. So what is chong mumble about? How he pay 10 years for 1 dollar what is chong have to answer to the fact he started the deal?
Funny what still this still that, still chong cannot answer why he sign agreement and yet sign SD lied to the board. In fact his arm slength happens on day one when he signed agreement with consultant and did not disclose? Still he did not answer. Look at mirror young man. The "still" is in the mirror.

Chong still cannot aswer he use arm slength as excuse to cover up himself.
His cover up excuse that cant find the vendor, client, supplier, count the consultant structure well for their client, he turns to the brokers benny and herman having their own disputes as he said, as way out. Typical lawyer tricks to fish info. LOL.

The disputes and doubts of the indo benny and herman is enough to self explain. Till the time given the facts, will know what actually happens. Only those actually bites the deal could answer.

Again, chong still cannot answer he himself signed agreement and breach his contract and if he knew there were dispute, as per agreement he can ask and nego and ask to change asset. Why he didnt?

Not to mention when he signs agreement, and he did not disclose to protasco, and yet he sign SD the suicide bomb he tried to set up tey and ooi. He lied SD and cheat protasco to do the deal and further cheat protasco by not follow agreement to replace other assets if he did found any dispute. How he answer such truth? He cant cover this up.

Young man, the indo brokers are not so simple. As you said one said raise investment not to them for project, one said pay or himself and he must settle herman, their own dispute is between them. How vendor pay to what supplier is irrelevant, and who was the consultants ask for help and holding the asset is also irrelevant.

Key is chong ask for it, sign agreement and having interest in the agreement and lie SD, and made self judgement if there were dispute unsettled and out blame on consultants, which is promise and greedy dont want to honor his promise, he is causing protasco lost which he made it happen himself!

He still cannot answer or cant answer he is the one started this and why he face issue and did not communicate causing protasco arms lengths in jerpadize. Arms lengths or not, because of his dishonour, he is not doing an arms length deal when he did not declare personal interest signing agreement to engage the deal and sign an SD.

No matter how many false deal or disputes chong paint his partners, the facts above stays.

In what you said with a salt, tey and ooi were brokering a deal which if have dispute, have chong clarify? If he did and tey and ooi check from vendor and its not settled, chong can ask them to change to other asset or combination to honor his words.

You point out clearly if true, the vendor is raising investment fund to the project, nothing to do with what they paid to their suppliers. How they raise fund is non of chong concern. The brokers benny or herman whoever they are, would have receive payment for what they agree, and disputed each other and its between benny or herman, and the vendor. If ever any dispute of shares, the brokers took money as per they agreed and its their greed looking for money from chong, the facts are questionable. Again, chong still cannot answer why he didnt ask his partners, those who put money in their words. How they make arrangement paid who, if chong dislike, ask and honor his words. Instead he quitely put blame on them.

Made more reason out of vendor own dealings doesnt answer above. As his own heart. What have he done.

Nexgram is ruin or prosper, Nexgram business is very healthy now. Time will tive them a justice to show their performance. Salute the man who stand still made all the right arrangement to take care of minorities, their family and kids, then take the hit from chong. Self explanery.

What mind does chong has? People help him, he do this. Didn't even ask or clarify and find a solution, he push his own partner, the two who help him take over protasco off the ship and he ran away hide behind protasco. By killing people drag together innocent minority investors, he can sleep well? He is so mind block cant even see the bloods his advisor push him to be? Self fulfilling and self reason out these doubts wont hold. It breaks when close to truth.

Stay clear mind and look at the bloods in your hand. And many more in the line started off from him in his mass murder. When time comes, answers to his own guilt. Don't lie to yourself.

Staff or whoever it is, lack of communication could cause suicide bomb to explode. It hits back also.

Chong also if he really finds problem, should have told vendor or the brokers, which became his partner and investor in just few weeks chong beg for a deal. Indo deals if he doesnt like, he could have ask and honor to do other deals as he promise. Vendor would hav check the dispute if any with their own client, which they will raise funds to fund projects, and supplier turn greedy and disputed among the two brokers, is between vendor and his supplier. Chong use this as a reason out, doesnt not cover up his mistake of not asking, and put blame The scared and shy attitute turns him to put a blame could have been avoided. When comes to real test, the truth is truth despite how he wants to reason himself. the more closer to truth, you think chong can walk a free man if his brokers were in trouble? Knock the wall and wake up. See you hand full of blood. Be it crook as he made up, he cant deny their trust and help on him.

Chong if not being called stupid, if found problem first to talk to vendor or even the broker tey and ooi. He got no mouth? He cheated them to take over protasco. People finish and honored their duty. Think of this trust. And he found got problem and out blame on people without given natural justice? Chong promise his investors tey and ooi to refers any assets and exchange for better assets in combined value he agreed at us55m. If he really think of honor his promise he could have again, bring issue up and talk, they may have find solution for him. Rememer they leave all trust to him to do due dilingence and process. He can walk away with this fact?

Look at the whole picture here. Any dispute with indo vendor is between the vendor and their client. They have unsettled issue they sort out themselves. Chong stupid? If oil got dispute or not he did not do due dilingence? If he did and finds any question he cannot ask or he think people think he is stupid? If vendor had dispute and chong ask, the due diligence would chong sign off? Why he sign? If sign them found dispute he cannot ask? Any tom dick hery can send any dispute be it just a foreign labor send in complain. Is part of business. Chong is suppose to ask and find out with vendor and find solution on any dispute. Do this clearly in front not behind. Vendor may not even know such dispute as the brokers i believe have their own dispute despite what chong claims. Again, all these finding faults of child labor, illegal material etc used to make an Iphone, does not explain chong ask for it, due dilingence and buy it. Instead of talking to shop keeper he found faults or problem he sue the shop keeper for the phone. Apple has any dispute with their suppliers has nothing to do with chong decision. Give some resonable doubt to his action.

Chong talks all he wants. Cant deny Nexgram business luckily stable and strong. Worls market also drop talk or not makes no difference. Except chong wants to spam cover up protasco facts he started all these and he breach agreement. Simple fact.

Protasco repeat dubious allegation raise questions. Is Chong Ket Pen next to be charged? [GLR]
Author: GovernanceLeak | Publish date: Mon, 18 Jan 2016, 09:19 AM

14 Jan 2016: Protasco mystery had became misery for investors. The same allegations and stories being told a different way, was further made up to create perception on Chong Ket Pen's former partner and Protasco controlling shareholders, Tey Por Yee and Ooi Kock Aun, the once owners of Protasco whom helped purchased Chong old boss Protasco shares, and they help instil Chong position as MD back into Protasco.

Market was told Chong just want a word "charge" to create perception, so as to bad name his saviors and damage enough to hide away his own problems. "Made the opponent looks much more worst, so he looks better, at least Chong though that way. A character assassination as good as homicide, is evil and dirty, and foolish. A sin of all sin", commented a senior government officer. “Worst of all, money is turning human into animals”, add the officer. A charge was not pledged guilty, as expected, and it will be guilty once proven. But that is not important. Chong purpose is perception building, that's all he cares.



Allegation after allegation. Again?

The earlier dubious legal suit by Chong Ket Pen, the MD of Protasco Bhd was announced on September 2014, when market was puzzled by an oil deal which Chong Ket Pen himself signed an agreement on 3 November 2012, legally the only person has the right to propose to his board of directors, sign SPA agreements, and paid all the payments, as well as did all the due diligence on legal, finance, and technical, and after more than 1 1/2 years in September 2014, he told the world he was cheated, the oil is no good, contract expiring, etc. Market was puzzled, is Chong and/or his entire board mentally challenged aka stupid? Obviously they think the public are fools to believe so, and fools they are.

For all the market knows about the facts above, a malicious "charge" was filled with allegation of false statutory declaration, cheating and the sudden walk in of Tey and Ooi which has no power to walk into Protasco board doing Chong's executive director duty, such as presenting and listening to his board and ask them make decisions, and Chong claims they did. If the claim is true, wasn't it means the entire board is breach of duty to let a non board member to do an executive director job? Most likely Tey or Ooi may not even met Chong's directors yet except Chong himself during that period. More dubious is the allegation of cheating, where Chong was made known any assets referred by consultants could be referred or owned, whichever it is, Chong knew about it and he accepted the deal. So what cheating element Chong is saying, or more precise, lying? Perhaps Chong has urge of deadline, which he can’t afford to go through 45 days of EGM if there were any RPT dealings.



Chong signed private interest agreement and a SD. If there were undeclared interested, wasn’t it Chong first to be charged? If there were cheat, he cheated investors and did not honor his promise, wasn’t it Chong supposed to be charged?

Due to rush of his own deadline (of 31 December 2012) given by his former boss for him to find buyer for his boss controlling shares, the entire process above (from 3 November 2012 until September 2014), Chong potentially did not disclose his interest by signing the agreement, which leads to the next question of statutory declaration (SD), which Chong all a sudden, planned and planted the blame game ask Tey and Ooi to sign, and later bribe to put them a charge on allegation they are the shareholder or director of the oil project vendor company. Market is clueless, if there is proof of company record the alleges was shareholder or director of what Chong claims, yet, the obvious apparent evidence is, wasn't Chong signed a personal interest 3 November 2012 agreement and he signed the SD as well? By evidence, shall Chong supposedly more likely to be charged "first"? further more, Chong made the promise to investors to purchase any asset worth combined total US55 million, and he fails to do it, and play up all kinds of allegation and created a lof of trouble to made up perception building, wasn't it too obvious a perception building to cover up his own?

http://klse.i3investor.com/blogs/bursagovernanceleak/89912.jsp

All the initiate from chong cheat tey and ooi to invest back in malaysia. So the inducement and cheating of them is chong. Any cause of the two deal maker does not over shadow this fact.

Chong you spell it right. Its chong

Pitty tpy being used by dirty play of ckp. White also covered with black dust. Its not about facts, its dirty play.