Transfer illegal shares from stolen money to son. Still theft and illegal. Old saying, this is the sign old crock going to die soon. He did it without even knowing it his time is due. They day Chong is dead, protasco got hope. Maybe protasco gone case before he is dead? Guess which one die first?

1
25/02/2021
200,000
Disposed
Indirect Interest
Name of registered holder Chong Ther Zern
Description of "Others" Type of Transaction
Consideration (if any) RM0.245
2
26/02/2021
200,000
Disposed
Indirect Interest
Name of registered holder Chong Ther Zern
Description of "Others" Type of Transaction
Consideration (if any) RM0.245

Chong Ket Pen dead already? I though dead then got chance go up. Else goreng half way close shop die together. Money all siphon by Chong already left so much debt, who goreng who die. Get 10 project award also useless. Check all quarter report you can see money siphon outside left rubbish to you. Got money Chong siphon, add more debt to protasco. No money abuse protasco get more loan. Gone case.

jipekchong This Chong fela not behind bar, whatever project also useless. Old CRO0K will siphon to his own pocket left over debt to Protasco. Maybe get project build-own-grave will share with all shareholders.
07/01/2021 2:11 AM

This Chong fela not behind bar, whatever project also useless. Old CRO0K will siphon to his own pocket left over debt to Protasco. Maybe get project build-own-grave will share with all shareholders.

TanJiPet Another record quarter report. Con man day light robbery show off naked in front of Bursa and SC, yet cannot do anything. Double thumbs up.

Look at last 5 years track record, Chong Ket Pen don't have better way to bankrupt Protasco besides siphon money out of it everyday to his own pocket? What kind of business openly taking out RM7.319 million profit paying to "outside", and left with -RM419k loss to "you" the shareholders.

1 Revenue 376,536

2 Profit/(loss) before tax 16,995

3 Profit/(loss) for the period 7,319

4 Profit/(loss) attributable to ordinary equity holders of the parent -419


Most notable Chong Ket Pen's contribution to Protasco is another new record of RM873 million "liabilities" and net cash flow of negative (RM73.74 million), thanks to Chong Ket Pen's own land sold to Protasco to take out cash into his own pocket, funded by "net draw down" of RM36.747 million from the bank.

Like most defunct PLC, Protasco for the first time saw the Short term borrowings + Bank overdrafts rises to RM365 million, exceed Total equity of RM357 million. In short, even sold entire company also CANNOT solve short term Current Liabilities cash call. Wonder who are these unfortunate banks?
06/12/2020 6:58 AM

Cro0k. Chong Ket Pen behind bar then got hope, else gone case.