I read and digest.....As a lay person, I am of the opinion that TPY is very smart and schrude and cunning businessman....Sorry to say Protasco boss is way below TPY in business dealings..
TPY will win the case.....my one sen opinion...
I have a funny feeling that NG will start moving up....
Conclusion....right at the bottom....interesting...it says:
Anonymous said...
Being a shareholder, I'm confused. I want to believe on what Dato' Seri Chong accused (since TPY and Ooi were NEW directors), but I received inadequate info and evidence. Thus, I'm slowly happened to take side on TPY camp.It might be because so many thing I can found about TPY activities, but less on Dato' Chong camp.
Nevertheless, what if you provide us with a fair info and comment on both side? So we can be a better judge and a better conclusion been made perhaps. Cheers! -------------------------------------------------------------------
Posted by blind3co > Nov 22, 2014 10:19 PM | Report Abuse
Who is the other vehicle?.....Getting very interesting...... ______________________________________________________________ connect1 check the annual report for some answer, any funds buying? No?
then is like tranfering from left hand to right hand using another vehicle
Sicko people like Chong staff, because no document to substantiate their lies, so spam every where lor. Spam not only their garden, also other chat. Board room fight is not a day or two, it could last years. See who live longer. Cheap dirty tricks, who knows even more dirty in EGM, won't be surprised.
@86, don't worry about any evidence...that's would be revealed in due course...let the court decide....but now as an investor we should decides who's to believe, the co-founder of Protasco or two new directors and shareholders that not even the directors of their own flagship company believe that they are innocent and therefore resigned on the same day Protasco filed their first lawsuit.
@pusytey, well, I am not chong's staff, but you clearly the staff of Tey and Ooi..don't be lazy like a overweight pig and do your research...everything I told you can be traced using google....what a lazy bump....on EGM...are you retard or something? If, and this is a big if, Chong win, there's nothing that Tey and Ooi can do in terms of management of Protasco....they would be sidelines to become shareholders only....
Nexgram is the alter ego of Tey, and Ooi...if the two goes down, nexgram won't survived, that is the reason Tey Por Yee, Tey Por Chen and Seh Poh Yee spamming the market with their junk shares so when they lose the battle against Protasco, the court cannot place any injunction against their nexgram's share because they already cash in their shares...
Simple....this case is between directors of Protasco and also between Protasco and other companies......NG is absolutely out of the picture in the court case......
What you should do is to tell Protasco shareholders.....Got nothing to do with NG shareholders.... I think you are barking at the wrong tree...
EGM???...Protasco EGM or NG's EGM? What the sheeet are you talking about?...This is NG's forum lah....You should be telling all this in Protasco forum....
NG's investors are only interested in NG's fundamental...TA etc....
My advise to you is to inform Protasco's investors not NG......My conclusion is Chong is worried if he lose in the EGM...If I read it correctly...Looks like TPY already "won"...my rationale Chong is doing a lot of effort to remove TPY and he (TPY) seems quite cool about the court case...
Please stop posting Protasco fiasco in this Forum.......It got nothing to do with NG business fundamentals...
AliceTey @86, don't worry about any evidence...that's would be revealed in due course...let the court decide....but now as an investor we should decides who's to believe, the co-founder of Protasco or two new directors and shareholders that not even the directors of their own flagship company believe that they are innocent and therefore resigned on the same day Protasco filed their first lawsuit.
Yea hor wht kaacau other people other chat room hor? Got shxt to cover?
Heart got ghost mah. So must spam spam spam get sympathy and build defamation build hate. Yes all that Chong old fox know nothing. He qua jong said he only know TPY in Decrmber 2012 wor. See lor his otak rusak we dont blame him lor
Wah!!!!! Good taxi driver for 30 years also rape and kill people la. So he is good in the past as driver, will not lie meh? Lie in newspaper some more. Sei hoy tit la.
Bing...haiyaaaa......Li lao bu ho ang moh lang kan ka seh li zi pu bor kia....
@86, it's your doom if you think the case will not affecting nexgram...remember, three NG's directors resigned exactly because of this case. Nexgram is more involved in this then you think....
God will only helps people who want to help themselves. Get out from Nexgram now while you can...cut your loss now because you may not be able to do this tomorrow.
Wow..still got people so kind like alice in this world So nice to help people not to rugi in their invesment Alice must be a ngo who make lot of charity works anyway , tq alice..u so nice helping and Advising people not to rugi investing nexgram
They sold shares to nominee, so for intent and purpose they remains the controlling shareholders of nexgram. Of course nexgram is very much involved in the case, for example, www.angloslavic.com is registered under abamon which shares the same address as nexgram. Abamon is a subsidiary of PT Inovisi, which controlled by PT Green Pine. Green Pine's shareholders is a subsidiary of nexgram. See the structure? How nexgram not involved? Even Tey Por Chen's company is a subsidiary of Inovisi.
AliceTey They sold shares to nominee, so for intent and purpose they remains the controlling shareholders of nexgram. Of course nexgram is very much involved in the case, for example, www.angloslavic.com is registered under abamon which shares the same address as nexgram. Abamon is a subsidiary of PT Inovisi, which controlled by PT Green Pine. Green Pine's shareholders is a subsidiary of nexgram. See the structure? How nexgram not involved? Even Tey Por Chen's company is a subsidiary of Inovisi. 23/11/2014 11:18
Actually, what i dont understand is, got people Come here tell bad things about this counter and Say other counter (protasco) good
You should tell this in protasco forum.. As far i concern , i dont mind rugi..this is life What makes i concern Alice keeps talking bad about this counter.. Pls dont do that eevn u got personel problem With tpy or nexgram
I believe in kamma..so when I see someone heading to a cliff I have to warns them as hard as I can. If they don't want to listen? Their choice their life their bad kamma...at least I won't have bad kamm dangling above my head for letting people die in vain.
TPY is geared to the tilt for his investment in various companies. The battle for his directorship in Protasco is actually secondary. The real fight is about what he is alleged to have done. If he is charged and found guilty, the share prices of the quoted companies he now controls will fall like hailstorm and in turn his financiers may sell the pledged shares at a huge loss. This may even trigger another market-wide collapse like that of Tan Koon Swan's era. So do not under-estimate the fallout.
The big fellas gear or not and how large nobody knows. I front of truth and justice one should never let bad intention which use shadow pressure in hope the victim gives in. Justice is not served under dirty deeds. Even with 1 share anyone with slight believe in kama will defend till truth prevail lor. See watch lor.
Nexgram owned by: Tey Por Yee, Tey Por Chen and Seh Poh Yee....all of them are involved in the present case, Tey Por Yee, well he is the main culprit...Tey Por Chen's company is a subsidiary of PT Inovisi and Seh Poh Yee's company using his wife as a nominee is Acclaim, also involves in the transaction between Protasco and PT Anglo Slavic Utama.
I actually cash in my Protasco shares then by more when the price is dropped but I sold my nexgram's share permanently. From the looks of it, there is no way that Tey Por Yee and Ooi Kock Aun can escape their fate, unless they agreed to return Protasco's money. I think Protasco's demand is reasonable...it it their money and the transaction is fake, so better return it.
Tpy 's dealings with certain companies raises suspicion of his genuinity. He is an impending large shareholder of MPCorp , which is a company with shady dealings and unreputable history. Is it his plan to save mpcorp after he wins over prtasco? Chong is the founder of prtasco and started the company with humble beginnings until now a large entity. He is now defending and protecting his company's future
Hostile take over in public listed company is normal...
e.g...Guthrie hostile takeover by Malaysian Gov ....20 yrs ago.... __________________________________________________________________
Cockcroach .. Chong is the founder of prtasco and started the company with humble beginnings until now a large entity. He is now defending and protecting his company's future 23/11/2014 13:09
I do not see panic in prtasco boss, but seeing panic in tpy. I see tpy is panic selling nexgram to buy bigger stake in prtasco before the egm on 28 nov, as perhaps he thinks he can convince the minorities with bigger stake
I do not see panic in prtasco boss, but seeing panic in tpy. I see tpy is panic selling nexgram to buy bigger stake in prtasco before the egm on 28 nov, as perhaps he thinks he can convince the minorities with bigger stake 23/11/2014 13:42
No, i do not agree with you 86868 If a company is under attack , the boss (chong)will definitely need to emerge and defend. That is his job.
I did not say tpy is taking over prtasco, but he may want to do that with all his tricks under his sleeves and all his harborbed ill intentions, as you can see from what has been reported. He is taking a desperate chance to try to achieve that with some backing of individuals that is very much connected to him.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
86868
1,201 posts
Posted by 86868 > 2014-11-22 22:38 | Report Abuse
I read and digest.....As a lay person, I am of the opinion that TPY is very smart and schrude and cunning businessman....Sorry to say Protasco boss is way below TPY in business dealings..
TPY will win the case.....my one sen opinion...
I have a funny feeling that NG will start moving up....
___________________________________________________________________
Posted by blind3co > Nov 22, 2014 10:19 PM | Report Abuse
http://anotherbrickinwall.blogspot.com/2014/11/why-spend-rm97-million-to-cheat-company.html