NEXGRAM HOLDINGS BERHAD

KLSE (MYR): NEXGRAM (0096)

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50,494 comment(s). Last comment by icedvestor 1 week ago

86868

1,201 posts

Posted by 86868 > 2014-11-27 18:32 | Report Abuse

bing....His own news...No link....

bing

3,794 posts

Posted by bing > 2014-11-27 18:33 | Report Abuse

Fuckerlah you Alice.. buat diri..

bing

3,794 posts

Posted by bing > 2014-11-27 18:34 | Report Abuse

Thanks 86868!

AliceTey

802 posts

Posted by AliceTey > 2014-11-27 18:35 | Report Abuse

http://www.nst.com.my/node/57036

Go and weep to your momma LOL LOL LOL

bing

3,794 posts

Posted by bing > 2014-11-27 18:39 | Report Abuse

Thank Alice.. just to believe you first.

AliceTey

802 posts

Posted by AliceTey > 2014-11-27 18:42 | Report Abuse

I just want to add several facts with regards to the on going case:

1. Protasco’s allegation against Tey Por Yee and Ooi Kock Aun in their lawsuit are that the two directors try to deceive Protasco and making secret profits by establishing an Indonesian companies (PT Anglo Slavic Utama/ASU and PT Anglo Slavic Indonesia/ASI) and inducing Protasco to buy ASU’s shares in ASI without disclosing that they are the owners of ASU and ASI.

2. Tey Por Yee’s lawsuit through Kingdom Seekers are vexatious at best because after Dato Chong’s last press conference, Tey finally admits that the RM 10million wired to Dato Chong’s bank account was actually part of a payment for a RM 20million loan received by Tey so he would be able to finalize the purchase of Protasco’s share. Larry also said to media, to the effect that he refused to return the rest RM 10million he owed to Dato Chong.

3. It is not that Dato Tan Sri takes side with Dato Chong, but he acted as what he did because Larry Tey/Tey Por Yee failed to produce any documents evidencing Dato Chong’s wrongdoing when he was given chance to during the board meetings.

4. The website http://www.angloslavic.com is registered under Abamon Technology Sdn Bhd who shares the same address as Nextnation Communication Berhad, the former name of Nexgram, where Tey and Ooi are substantial shareholders. Abamon is wholly owned by PT Inovisi through Code Wireless PTE LTD.

5. PT Green Pine who owned 60% of PT Inovisi’s shares is an alter ego of Tey Por Yee and Ooi Cock Aun. PT Inovisi is the subject matter of security.

6. Modern Profit LTD, a company owned by Tey Por Chen, the brother of Tey Por Yee is a subsidiary of PT Inovisi.

7. Ooi Cock Aun is a finance director of PT Inovisi.

8. The sole director of Acclaim is Lim Sue Fern, the wife of See Poh Yee who held substantial shares in Nexgram and together with Tey Por Yee graduated from the University of Manitoba, Canada, 1998. Acclaim is the third party security provider.

9. Tey Por Yee, Tey Por Chen, See Poh Yee are the founders of Nexgram and all of them currently offloading their Nexgram’s shares to the market. Nexgram’s directors resigned when Protasco filed it lawsuit against Tey and Ooi.

10. Protasco has lodged two lawsuits against Tey and Ooi, the first for contempt of court on grounds of tempering with witness, second for Ooi’s attempts to make secret profits from Protasco’s dealing with PT Goldchild Integritas Abadi, which should be add is another alter ego ofTey and Ooi.

11. Gideon Tan, lawyers for Tey and Ooi has discharged himself, meaning that he don't believe in his clients' case.

All of the above informations can be obtained by googling.

That being said, I found that the one who is without integrity is Larry Tey Por Yee and Adrian Ooi Kock Aun.

Facts giving rise to the case:

1. On November 2012, Tey Por Yee brought a potential investment opportunity to Protasco, which involve the purchase of 76% shares of the total issued share capital of ASI. ASI owned and controlled 49% of PT Firman Andalan Sakti/FAS which owned 70% of PT Hase Bumou Aceh/Haseba.. Haseba had entered into a partnership agreement with PT Pertamina to develop and produce oil and gas in the Aceh Province, Indonesia (the “Project”).

2. Protasco entered into a sale and purchase agreement with ASU for the acquisition of 76% of the share capital of ASI amounting to USD 55million (“SPA”). Pursuant to the SPA, Protasco deposit amount of RM 50million to ASU’s account.

3. Due to significant material discoveries made through the Due Dilligence, Protasco secured a reduction to the purchase price and signed the Amended and Restated Sale and Purchase Agreement. Some Conditions Precedents were not fulfilled on the side of ASU because it is actually not attainable.

4. During a board meeting of Protasco to discuss the issue of SPA’s which resulted in the formation of the investigation committee/IC, Larry Tey vigorously defended ASU.

5. The finding of the IC, inter alia, are as follows:
a. Larry Tey first approached Dato Chong in November 2012 through his vehicle, Global Capital Limited to jointly develop an oil and gas project based in Indonesia;
b. Larry Tey and Adrian Ooi are the beneficial owners of: ASU, PT Inovisi, Acclaim Investment Limited, and PT Green Pine (the largest single owners of PT Inovisi).

6. In view of the findings from the investigations, it became evident that Protasco had been a victim of deception, and fraud by ASU, Larry Tey and Adrian Ooi since neither of them disclosed their personal interest in ASI to the board of directors of Protasco as they are required unde rthe law. In fact, Protasco was wrongly led to believe that the business opportunity to inv

AliceTey

802 posts

Posted by AliceTey > 2014-11-27 18:44 | Report Abuse

Nexgram's directors don't believe them.
Nexgram's lawyers don't believe them.
Protasco's shareholders don't believe them.

It is miraculous they have yet to kill themselves LOL LOL LOL

ssboy

1,315 posts

Posted by ssboy > 2014-11-27 19:04 | Report Abuse

Why still can't reach 0.01???why why why???

AliceTey

802 posts

Posted by AliceTey > 2014-11-27 19:14 | Report Abuse

@ssboy....be patient...it will happens when is happens...

stncws

10,546 posts

Posted by stncws > 2014-11-27 19:17 |

Post removed.Why?

stncws

10,546 posts

Posted by stncws > 2014-11-27 19:17 | Report Abuse

I just want to add several facts with regards to the on going case:

1. Protasco’s allegation against Tey Por Yee and Ooi Kock Aun in their lawsuit are that the two directors try to deceive Protasco and making secret profits by establishing an Indonesian companies (PT Anglo Slavic Utama/ASU and PT Anglo Slavic Indonesia/ASI) and inducing Protasco to buy ASU’s shares in ASI without disclosing that they are the owners of ASU and ASI.

2. Tey Por Yee’s lawsuit through Kingdom Seekers are vexatious at best because after Dato Chong’s last press conference, Tey finally admits that the RM 10million wired to Dato Chong’s bank account was actually part of a payment for a RM 20million loan received by Tey so he would be able to finalize the purchase of Protasco’s share. Larry also said to media, to the effect that he refused to return the rest RM 10million he owed to Dato Chong.

3. It is not that Dato Tan Sri takes side with Dato Chong, but he acted as what he did because Larry Tey/Tey Por Yee failed to produce any documents evidencing Dato Chong’s wrongdoing when he was given chance to during the board meetings.

4. The website http://www.angloslavic.com is registered under Abamon Technology Sdn Bhd who shares the same address as Nextnation Communication Berhad, the former name of Nexgram, where Tey and Ooi are substantial shareholders. Abamon is wholly owned by PT Inovisi through Code Wireless PTE LTD.

5. PT Green Pine who owned 60% of PT Inovisi’s shares is an alter ego of Tey Por Yee and Ooi Cock Aun. PT Inovisi is the subject matter of security.

6. Modern Profit LTD, a company owned by Tey Por Chen, the brother of Tey Por Yee is a subsidiary of PT Inovisi.

7. Ooi Cock Aun is a finance director of PT Inovisi.

8. The sole director of Acclaim is Lim Sue Fern, the wife of See Poh Yee who held substantial shares in Nexgram and together with Tey Por Yee graduated from the University of Manitoba, Canada, 1998. Acclaim is the third party security provider.

9. Tey Por Yee, Tey Por Chen, See Poh Yee are the founders of Nexgram and all of them currently offloading their Nexgram’s shares to the market. Nexgram’s directors resigned when Protasco filed it lawsuit against Tey and Ooi.

10. Protasco has lodged two lawsuits against Tey and Ooi, the first for contempt of court on grounds of tempering with witness, second for Ooi’s attempts to make secret profits from Protasco’s dealing with PT Goldchild Integritas Abadi, which should be add is another alter ego ofTey and Ooi.

11. Gideon Tan, lawyers for Tey and Ooi has discharged himself, meaning that he don't believe in his clients' case.

All of the above informations can be obtained by googling.

That being said, I found that the one who is without integrity is Larry Tey Por Yee and Adrian Ooi Kock Aun.

Facts giving rise to the case:

1. On November 2012, Tey Por Yee brought a potential investment opportunity to Protasco, which involve the purchase of 76% shares of the total issued share capital of ASI. ASI owned and controlled 49% of PT Firman Andalan Sakti/FAS which owned 70% of PT Hase Bumou Aceh/Haseba.. Haseba had entered into a partnership agreement with PT Pertamina to develop and produce oil and gas in the Aceh Province, Indonesia (the “Project”).

2. Protasco entered into a sale and purchase agreement with ASU for the acquisition of 76% of the share capital of ASI amounting to USD 55million (“SPA”). Pursuant to the SPA, Protasco deposit amount of RM 50million to ASU’s account.

3. Due to significant material discoveries made through the Due Dilligence, Protasco secured a reduction to the purchase price and signed the Amended and Restated Sale and Purchase Agreement. Some Conditions Precedents were not fulfilled on the side of ASU because it is actually not attainable.

4. During a board meeting of Protasco to discuss the issue of SPA’s which resulted in the formation of the investigation committee/IC, Larry Tey vigorously defended ASU.

5. The finding of the IC, inter alia, are as follows:
a. Larry Tey first approached Dato Chong in November 2012 through his vehicle, Global Capital Limited to jointly develop an oil and gas project based in Indonesia;
b. Larry Tey and Adrian Ooi are the beneficial owners of: ASU, PT Inovisi, Acclaim Investment Limited, and PT Green Pine (the largest single owners of PT Inovisi).

6. In view of the findings from the investigations, it became evident that Protasco had been a victim of deception, and fraud by ASU, Larry Tey and Adrian Ooi since neither of them disclosed their personal interest in ASI to the board of directors of Protasco as they are required unde rthe law. In fact, Protasco was wrongly led to believe that the business opportunity to inv

AliceTey

802 posts

Posted by AliceTey > 2014-11-27 19:18 | Report Abuse

y I just want to add several facts with regards to the on going case:

1. Protasco’s allegation against Tey Por Yee and Ooi Kock Aun in their lawsuit are that the two directors try to deceive Protasco and making secret profits by establishing an Indonesian companies (PT Anglo Slavic Utama/ASU and PT Anglo Slavic Indonesia/ASI) and inducing Protasco to buy ASU’s shares in ASI without disclosing that they are the owners of ASU and ASI.

2. Tey Por Yee’s lawsuit through Kingdom Seekers are vexatious at best because after Dato Chong’s last press conference, Tey finally admits that the RM 10million wired to Dato Chong’s bank account was actually part of a payment for a RM 20million loan received by Tey so he would be able to finalize the purchase of Protasco’s share. Larry also said to media, to the effect that he refused to return the rest RM 10million he owed to Dato Chong.

3. It is not that Dato Tan Sri takes side with Dato Chong, but he acted as what he did because Larry Tey/Tey Por Yee failed to produce any documents evidencing Dato Chong’s wrongdoing when he was given chance to during the board meetings.

4. The website http://www.angloslavic.com is registered under Abamon Technology Sdn Bhd who shares the same address as Nextnation Communication Berhad, the former name of Nexgram, where Tey and Ooi are substantial shareholders. Abamon is wholly owned by PT Inovisi through Code Wireless PTE LTD.

5. PT Green Pine who owned 60% of PT Inovisi’s shares is an alter ego of Tey Por Yee and Ooi Cock Aun. PT Inovisi is the subject matter of security.

6. Modern Profit LTD, a company owned by Tey Por Chen, the brother of Tey Por Yee is a subsidiary of PT Inovisi.

7. Ooi Cock Aun is a finance director of PT Inovisi.

8. The sole director of Acclaim is Lim Sue Fern, the wife of See Poh Yee who held substantial shares in Nexgram and together with Tey Por Yee graduated from the University of Manitoba, Canada, 1998. Acclaim is the third party security provider.

9. Tey Por Yee, Tey Por Chen, See Poh Yee are the founders of Nexgram and all of them currently offloading their Nexgram’s shares to the market. Nexgram’s directors resigned when Protasco filed it lawsuit against Tey and Ooi.

10. Protasco has lodged two lawsuits against Tey and Ooi, the first for contempt of court on grounds of tempering with witness, second for Ooi’s attempts to make secret profits from Protasco’s dealing with PT Goldchild Integritas Abadi, which should be add is another alter ego ofTey and Ooi.

11. Gideon Tan, lawyers for Tey and Ooi has discharged himself, meaning that he don't believe in his clients' case.

All of the above informations can be obtained by googling.

That being said, I found that the one who is without integrity is Larry Tey Por Yee and Adrian Ooi Kock Aun.

Facts giving rise to the case:

1. On November 2012, Tey Por Yee brought a potential investment opportunity to Protasco, which involve the purchase of 76% shares of the total issued share capital of ASI. ASI owned and controlled 49% of PT Firman Andalan Sakti/FAS which owned 70% of PT Hase Bumou Aceh/Haseba.. Haseba had entered into a partnership agreement with PT Pertamina to develop and produce oil and gas in the Aceh Province, Indonesia (the “Project”).

2. Protasco entered into a sale and purchase agreement with ASU for the acquisition of 76% of the share capital of ASI amounting to USD 55million (“SPA”). Pursuant to the SPA, Protasco deposit amount of RM 50million to ASU’s account.

3. Due to significant material discoveries made through the Due Dilligence, Protasco secured a reduction to the purchase price and signed the Amended and Restated Sale and Purchase Agreement. Some Conditions Precedents were not fulfilled on the side of ASU because it is actually not attainable.

4. During a board meeting of Protasco to discuss the issue of SPA’s which resulted in the formation of the investigation committee/IC, Larry Tey vigorously defended ASU.

5. The finding of the IC, inter alia, are as follows:
a. Larry Tey first approached Dato Chong in November 2012 through his vehicle, Global Capital Limited to jointly develop an oil and gas project based in Indonesia;
b. Larry Tey and Adrian Ooi are the beneficial owners of: ASU, PT Inovisi, Acclaim Investment Limited, and PT Green Pine (the largest single owners of PT Inovisi).

6. In view of the findings from the investigations, it became evident that Protasco had been a victim of deception, and fraud by ASU, Larry Tey and Adrian Ooi since neither of them disclosed their personal interest in ASI to the board of directors of Protasco as they are required unde rthe law. In fact, Protasco was wrongly led to believe that the business opportunity to inv

Posted by Goodkiller > 2014-11-27 19:30 | Report Abuse

Egm is just the beginning. Was told its to do a public proof that chairman is biased and objective made. That a nail on Chong coffin who do all these allegation for his cover up. Spammer like chong staff would be used against chong eventually. The end of monkey show.

To Repeat (use chong son method) on going case against chong:

Focus on "proven facts":

Based on Chong signed up on 3 Nov 2012 agreement trade off obligation to complete a legitimate oil asset with proven third party due diligence, it is clear that Chong put a blame to his victims is a cover up for his mistakes. Get substantiated documents here: http://bigdogdotcom.wordpress.com

In view of the findings from agreements and documents, it became evident that Protasco had been a victim of deception, and fraud by Chong Ket Pen, since he never disclosed his personal interest in 3 November 2012 agreement to the board of directors of Protasco as he is required unde the law. In fact, Protasco was wrongly led to believe that the business opportunity to invest in ASI with ASU is undertaken at arms length but actually insider trading. Chong is on beach of Company Act, Bursa and SC, as well as his Executive Directorship in breach of fiduciary duty, to defraud, scam and cheat his victims, and setup a blame for the cover up for his failure in handling asset acquisition.

Posted by Goodkiller > 2014-11-27 19:33 | Report Abuse

We reproduce both below:

Alice said:

I just want to add several facts with regards to the on going case:
1. Protasco’s allegation against Tey Por Yee and Ooi Kock Aun in their lawsuit are that the two directors try to deceive Protasco and making secret profits by establishing an Indonesian companies (PT Anglo Slavic Utama/ASU and PT Anglo Slavic Indonesia/ASI) and inducing Protasco to buy ASU’s shares in ASI without disclosing that they are the owners of ASU and ASI.

Hangover replied:

Dear Mr Alice Chong,

In the name of all mighty, your boss days are numbered eaten by guilt inch by inch to judgement day. Watch how he rots.

If you wants to quote “facts”, show your underwear like Big Dog does – post a link to the “black and white” facts documents to substance your allegations. Enough lies on “character assassination” in the name of “facts”. Show us you have no balls or else you are man.

Lets open the mask one by one to see the ugly face of MD Chong, the only Executive Director in Mickey Mouse Club House.

1. A) Big lier Mr. Alice, you are so thick face or blind to keep lying in front of Big Dog on what “deceive protasco and making secret profits”?

Your MD Chong “knew and signed a shareholders agreement, knowing the consulting firm may own the rights/mandated or refers deals” for their client (protasco and vendor). So what “deceive and making secret profit”? If any, the one deceive is the one signing, so first to go to jail is MD Chong because he sign such agreement. The more you “deceive Big Dog”, the faster MD Chong goes to jail. Click Big Dog file and slap your own face every time you repeat this lie.

[Refer to our previous posting here which shows Chong as signatories in several agreements]

B) “Establishing indonesia companies and inducing protasco (means MD chong) in buying indonesia asset without telling they are owner of the companies etc.”

The consultants “by the order made by client”, (which is MD Chong and vendor), mandated the business advisory firm to help both of you structure the asset to clean up and fits your country needs, in legitimate way. If you never use business advisory services, don’t talk cock to again “deceive Big Dog” inteligence. Your nonsense would means Goldman Sachs, JP Morgan or even CIMB alike who do corporate structuring are “owners” of their projects? So these advisory firms are “inducing” their clients? They all use “woodoo” to hold your MD chong hand to sign contract, sign cheque? Show SSM share registrar to show if the consultants names are in any of your verbal alegations or not, does what Big Dog does – show document proofs. If no proof, don’t insult Big Dog inteligence here.

Alice alleged:

2. Tey Por Yee’s lawsuit through Kingdom Seekers are vexatious at best because after Dato Chong’s last press conference, Tey finally admits that the RM 10million wired to Dato Chong’s bank account was actually part of a payment for a RM 20million loan received by Tey so he would be able to finalize the purchase of Protasco’s share. Larry also said to media, to the effect that he refused to return the rest RM 10million he owned to Dato Chong.

Hangover replied:

2. Making up nonsense in point 1 still don’t feel shameful enough? Further made up defamation statement quoted “Tey admitted the rm10mil was to repay loan bla bla bla”. Most laughable “he refuse to repay bla bla bla”. Which Disneyland Tabloit did you saw Tey said such nonsense? Master of fact twister, put a link here to proof such report.

The fact is newspaper written that Tey has a loan for one of his company more like “security fund” to ensure that MD Chong don’t play cheat and ensure he fulfill his agreement, which only gets to repay AFTER MD Chong “completed oil asset acquisition”. Which means this is totally seperate dealing from the money MD Chong took, and MD Chong has not completed the oil asset acquisition, repay what? This criminal act if Indonesia told media is true, MD Chong does not know how to cover, pulled two unrelated dealing to match his lies. This is too much. Dare enough to show proof of “loan agreement”, which may imply MD Chong go further straight to jail? If no proof, don’t insult Big Dog further. If know the consequences, shut up or he goes in faster!

Alice alleged:

3. It is not that Dato Tan Sri takes side with Dato Chong, but he acted as what he did because Larry Tey/Tey Por Yee failed to produce any documents evidencing Dato Chong’s wrongdoing when he was given chance to during the board meetings.
All of the above informations can be obtained by googling.
That being said, I found that the one who is without integrity is Larry Tey Por Yee and Adrian Ooi Kock Aun.

-

Posted by Goodkiller > 2014-11-27 19:34 | Report Abuse

Hangover replied:

3. “The mickey mouse club Tan Sri, Dato etc whatever sided MD Chong bla bla bla” and did not see “evidence” nonsense.

Hallo mickeys? All media got a copy, you wide open eye says “you did not see evidence”? The hard evidence is photocopied even nasi bungkus newspaper also can find. Those are black and white copies. Dare to show loan agreement what terms MD chong signed? We forgot, he goes to jail if truth shows he is lying. If so, shut up on the covering.

On the other hand, Tey and Ooi as per media recorded their board minutes shown, “the mickey mouse club” purposely rush a board meeting when they were on vacation, and board minutes shows NO paper proven evidence except “an office boy <>allegations” toilet paper called Statutory Declaration. Hallo mickeys, if a gardener alegations without giving hard evidence saying Tan Sri “rape him”, you straight report polis and sue Tan Sri to court? Without even asking Tan Sri “you rape the gardener?” At least ask him show his dick for lab examination. Wake up Disneyland jokers, you insult Big Dog like he don’t know what is “natural justice”? No matter how you cover up the mickey mouse failure in fulfilling their fiduciary duty as directors (of mickey mouse club), resign or be punished uglily. Shame on your seniority and what ajaran sesat teach you to bully two young people playing “seniority and sympathy”. Definately not infront of Big Dog.

Alice posted another allegation:

Facts giving rise to the case:

1. On November 2012, Tey Por Yee brought a potential investment opportunity to Protasco, which involve the purchase of 76% shares of the total issued share capital of ASI. ASI owned and controlled 49% of PT Firman Andalan Sakti/FAS which owned 70% of PT Hase Bumou Aceh/Haseba.. Haseba had entered into a partnership agreement with PT Pertamina to develop and produce oil and gas in the Aceh Province, Indonesia (the “Project”).
2. Protasco entered into a sale and purchase agreement with ASU for the acquisition of 76% of the share capital of ASI amounting to USD 55million (“SPA”). Pursuant to the SPA, Protasco deposit amount of RM 50million to ASU’s account.

Hangover replied:

The next sentence, again, same old MD Chong style, with defamation and allegation, shameful enough to question Tey and Ooi “integrity”. Hallo? Reading the ugly facts above being reveal, Mr. Alice Chong, you still qualified to even say the word integrity? By now, readers would shout “Snake and Mr. Alice, beat Alice first!” Lets open up more ugly lies below.

The traps lets slice the masked devil line by line:

Alice alleged:

3. Due to significant material discoveries made through the Due Dilligence, Protasco secured a reduction to the purchase price and signed the Amended and Restated Sale and Purchase Agreement. Some Conditions Precedents were not fulfilled on the side of ASU because it is actually not attainable.

Hangover replied:

3. Read the nonsense, you will find clear doubts the entire process. What material findings? Show the facts with proof here. No integrity and shameful to say that “MD Chong don’t want to honor a proven legitimate deal”, no face to admit such guilty motive? The explanation to media report was, MD Chong on purpose setting new terms and cause a supposedly less than 6 months deal as per his shareholders agreement, to delay over 18 months, by setting beyond industry “standards terms by himself” causing the deal to falls into dead lock. Hallo Mickey mouse! Who on the Mickey mouse club knows about a foreign oil business? In what Disneyland name you learn to do business setting “terms to ask government follow your Mickey Mouse way”? There is only YOU the Mouse Club follows what government SOP and terms, not the other way round, rats! If there is a will to HONOR and COMPLETE the feasible and legitimate oil deal, it would have been done by hiring Indonesia oil experts, and completed long time ago. There is no intention except Mickey mouse show, that is how the traps were set in the layers of subsequent Mickey mouse terms. The vendor could have sue the company for defamation and cheating by wasted their time and opportunity cost. Lucky the Indonesia is in new government transition period, no officer is free to sue the Mickeys.

Posted by Goodkiller > 2014-11-27 19:35 | Report Abuse

Alice alleged:

4. During a board meeting of Protasco to discuss the issue of SPA’s which resulted in the formation of the investigation committee/IC, Larry Tey vigorously defended ASU.

Hangover replied:

4. Tey as the whistle blower would have told straight forward to the Mickey mouse board members, the lengthen excused by company (MD Chong) to keep delay the due diligence proven asset, and keep adding new terms to a 2 years long deal, would be seen as “intention to not honor a deal”, by common sense if company recklessly set terms beyond industry norms, obviously it would be harmful to company if vendor sue for opportunity cost – it is not uncommon the economic value lost due to Mickey mouse way of handling oil project “all by themselves inside mouse club”, what the rats know about oil?!

Here comes the “burst of ugly face of MD Chong slap wide open the fake mask reveal his true intention”! He just don’t want to honor his words, be it how good the asset is. Why? Because he is a control freak, he does not want to honor his promise to what he signed on shareholders agreement. At the cost of company and at the devil calls to lie to whole world, starting from within his Mickey Mouse club board members!

Alice alleged:

5. The finding of the IC, inter alia, are as follows:

a. Larry Tey first approached Dato Chong in November 2012 through his vehicle, Global Capital Limited to jointly develop an oil and gas project based in Indonesia;

b. Larry Tey and Adrian Ooi are the beneficial owners of: ASU, PT Inovisi, Acclaim Investment Limited, and PT Green Pine (the largest single owners of PT Inovisi).

Hangover replied:

5. This lie goes on, lucky Big Dog busted Mr. Alice ugly face behind the mask:

A. Bingo! IC what? Investigation Committee or Incapable Cocks?

Hello! Shameful enough to post on Big Dog blog, where Big Dog has MD Chong’s shareholders agreement dated 3rd November, 2012 showing all the ugly cries and tears he promised, and here you repeat the lies of “Tey approach chong in November bla bla bla”, then Chong forgot his lie that he told The Sun paper “he don’t know Tey until December 2012. (Read http://www.thesundaily.my/news/1227235) “!?

Lier lier lier. The more lie make up stories to cover his wrong doing and bad intentions, the worst off he lost his credibility. Mr Alice, Copy and paste lies also learn a bit, don’t be so lazy.

B. “Tey and Ooi are Goldman Sachs, CIMB, Genting owners and shareholders bla bla bla”. Oh really? Challenge Big Dog, show black and white SSM share registrar record to prove so. No hard evidence, run for cover or Big Dog will bite your balls off.

Posted by Goodkiller > 2014-11-27 19:36 | Report Abuse

Alice alleged:

6. In view of the findings from the investigations, it became evident that Protasco had been a victim of deception, and fraud by ASU, Larry Tey and Adrian Ooi since neither of them disclosed their personal interest in ASI to the board of directors of Protasco as they are required under the law. In fact, Protasco was wrongly led to believe that the business opportunity to invest in ASI with ASU is undertaken at arms length.

Hangover replied:

6. Here’s the amusing part or jewel of Mickey Mouse Club house IC (incapable cocks) conclusion:
Based on ALL above lies, and an office boy Verbal Lie statement, with zero hard evidence, the Club chairman Latuk Kuching Kurap, Dato Kambing and Mr. hantu concluded “gardener said that Tan Sri rape the gardener is confirm, real, send Syariah court NOW, be stoned today this evening, cannot wait”.

Tan Sri cries “wait, let me explain….”, Latuk Kuching Kurap said “shhhh, Tan Sri, go explain to Your God, after you are stoned in Syariah court. You cannot talk (truth) in Mickey Mouse Club or else board meeting will record (truth), we all Mouseketeer will be shown made mistake, you die better than we die. Shhhh. F off!” Board meeting dismissed.

That’s how corporate governance are conducted and justice are served in Disneyland. Interesting?

Posted by Goodkiller > 2014-11-27 19:36 | Report Abuse

Why Nexgram and not Protasco:

1. Protasco has biased chairman and directors to cover up MD Chong misconduct, a scam board
2. Chong dirty lawyer false suing TPY and OKA lawyer baseless just to make him step back; while TPY and OKA lawyer did not use unethical dirty method to sue Chong lawyer earlier for misleading client staff to make fake statement
3. Billions of Ringgit worth of hole in the financial report in Protasco stolen from government in construction, huge cover up
4. TPY and OKA get the point taken and objective achieved proving of chairman biased and not independent in breach of his duty facing shareholder request or egm postponement.
5. Chong will get arrested next week and in jail as earliest as next year.
6. Protasco has stolen government assets.
7. Protasco stolen government money in big cover up
8. Chong fails many lost making projects, he cover up
9. Chong is soon to be charged with criminal offense in three authority: Polis, Bursa and SC.
10. Protasco will be suspended and full investigation on stolen government money

Posted by Goodkiller > 2014-11-27 19:37 | Report Abuse

Based on Chong signed up on 3 Nov 2012 agreement trade off obligation to complete a legitimate oil asset with proven third party due diligence, it is clear that Chong put a blame to his victims is a cover up for his mistakes.

In view of the findings from agreements and documents, it became evident that Protasco had been a victim of deception, and fraud by Chong Ket Pen, since he never disclosed his personal interest in 3 November 2012 agreement to the board of directors of Protasco as he is required unde the law. In fact, Protasco was wrongly led to believe that the business opportunity to invest in ASI with ASU is undertaken at arms length but actually insider trading. Chong is on beach of Company Act, Bursa and SC, as well as his Executive Directorship in breach of fiduciary duty, to defraud, scam and cheat his victims, and setup a blame for the cover up for his failure in handling asset acquisition.

Posted by Goodkiller > 2014-11-27 19:37 | Report Abuse

Chong method spam and spam.

Posted by Abdul Rahim > 2014-11-27 19:39 | Report Abuse

So ...tpy n Ooi can focus more at NG....how market tmr

AliceTey

802 posts

Posted by AliceTey > 2014-11-27 19:43 | Report Abuse

@good, you spam first mah LOL LOL

@abdul, nexgram already dead, you just don't know it yet.

3abdul

195 posts

Posted by 3abdul > 2014-11-27 19:44 | Report Abuse

Pusingan 1 ...Alice Chong kalah tko kikikikiki
Kokokkokokokok..,hihihihi

connect1

86 posts

Posted by connect1 > 2014-11-27 19:58 | Report Abuse

better sell nextgranny before too late
rubbish stock. no dividend

Marina

766 posts

Posted by Marina > 2014-11-27 20:03 | Report Abuse

Konek..u want dividen ..i can give
How much dividen 4 c ke

Marina

766 posts

Posted by Marina > 2014-11-27 20:05 | Report Abuse

What ur agenda lah..u must have agenda..full stop

3abdul

195 posts

Posted by 3abdul > 2014-11-27 20:12 | Report Abuse

Konek!
Bila prtasco akan naik RM2,?????
Sy mau jual sbb nk beli nexgram

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2014-11-27 20:18 | Report Abuse

To enhance the creditability of Nexgram the best is to have revaluation and dividend declaration.
I recalled an event related by my friend whose father's banks were in trouble bcos of rumours and started a run by the depositors everyday.In order to restore the confidence in the bank,they extended the banking hours to midnight and allow them to withdraw the money without any conditions.
Finally,it recovered and went back to normal.

bing

3,794 posts

Posted by bing > 2014-11-27 20:18 | Report Abuse

Buy buy buy! TPY & OKA should sell Prtasco and buy back Nexgram! But not contra!

bing

3,794 posts

Posted by bing > 2014-11-27 20:20 | Report Abuse

Yes yes yes! Confidence is important! TPY are you ready for us?

TuaHuat

1,462 posts

Posted by TuaHuat > 2014-11-27 20:20 | Report Abuse

That would be long battle in Protasco. I don't think TPY will simply give up.

bing

3,794 posts

Posted by bing > 2014-11-27 20:24 | Report Abuse

Emhh..yes! They still shareholding 23% Prtasco share! Could be more in future!

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2014-11-27 20:26 | Report Abuse

When there is a fight between the parties involved they will listen to their hearts to fight on to win bcos of pride and will not use their heads to cool down and settle matters.
So family members must come and advise them rationally and talk peace to calm them down,the only they prosper if not bad events will follow one another without peace of mind.

Posted by Singkalingam > 2014-11-27 20:31 | Report Abuse

This is best time for TPY to leave protasco actually. No point for stay at there. Just come back and recover all his own company is the best choice.

1) Protasco already loss in quarter.
2) Shareholders and company not trust them anymore.
3) Just keep some share in Protasco and sell it IF protasco recover higher.
4) Dun waste time in the small case.

dc7803

189 posts

Posted by dc7803 > 2014-11-27 20:32 | Report Abuse

Hi guys, i hv read all ur comments n it is obvious that some do hv their personal agenda.
I reckon d directors of NG r quite smart. For eg, they got the 11 storey building in Bangsar South for only RM 6.5m in cash plus some fees for the shares n warrants issued. The Saudi investors may hv sold their shares but i reckon it is still a plus for NG's assets.
Now, d question is, where does the price go fr here? Perhaps someone can enlightened?

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2014-11-27 20:33 | Report Abuse

Correction:.....they will not prosper if bad events will follow one another without peace of mind.

bing

3,794 posts

Posted by bing > 2014-11-27 20:38 | Report Abuse

Big Question Big Question!

Marina

766 posts

Posted by Marina > 2014-11-27 20:40 | Report Abuse

One question to all nexgram supporters
Do u think nexgram will be recover or delisted

bing

3,794 posts

Posted by bing > 2014-11-27 20:40 | Report Abuse

dc7803, hi! Now I scared of new ID friends! Hihi.. Nexgram come on!

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2014-11-27 20:40 | Report Abuse

It is wise for the shareholders to oust one party to stop the indoor fighting to save protasco as they do not know who are the actual culprits until they settle the issues concerned

bing

3,794 posts

Posted by bing > 2014-11-27 20:43 | Report Abuse

Marina, must must must be rising star tomorrow! But don't ask why! Hihi..

Posted by Singkalingam > 2014-11-27 20:43 | Report Abuse

I hope recover because i got share on hand. ^^

bing

3,794 posts

Posted by bing > 2014-11-27 20:44 | Report Abuse

Marina, why you ask?

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2014-11-27 20:45 | Report Abuse

I remember TPY was involved in Maemode and now delisted,he seems creating havoc in Protasco and how about Maemode,is he involved?
If TPY cannot help to restore I think we need EGM to resolve the issue.

Marina

766 posts

Posted by Marina > 2014-11-27 20:48 | Report Abuse

Just ask
I got 5 lots

dc7803

189 posts

Posted by dc7803 > 2014-11-27 20:54 | Report Abuse

We must separate the personal fr the company. Point is TPY 's problem in Protasco has got nothing 2 do with NG except that he had 2 raise money by selling his shares in NG to pick up shares in Protasco.

We shud concern ourselves with NG's financial performance n operational perfce. The share price will come back in a matter of time.

AliceTey

802 posts

Posted by AliceTey > 2014-11-27 20:54 | Report Abuse

@fam, like maemode, nexgram will be delisted, and bankrupted. EGM to resolve the issue? He and his cohorts owns 95% worth of Protasco's share....what's good the EGMs mah?

AliceTey

802 posts

Posted by AliceTey > 2014-11-27 20:59 | Report Abuse

@fam, the culprits are crystal clear....the resignation of nexgram's directors, the resignation of TPY and OKA's lawyers, the lifting of the injunction orders and 95% of Protasco's shareholders who cast their vote choose to ousted TPY and OKA shows who is the culprit with resounding roars.

AliceTey

802 posts

Posted by AliceTey > 2014-11-27 21:06 | Report Abuse

TPY and OKA will never win with Ong Yu Jian advising them on their side......because Protasco retains one of the best law firm in Malaysia...only Gideon Tan that would be able to fight them on equal terms. Ong Yu Jian vs. Siva of Cheah Teh & Su is like a mini midget poodle fighting a battle hardened, battle tested muscle fully developed american bull terrier....that just won't be fair to the poodle.

asahmad

1,001 posts

Posted by asahmad > 2014-11-27 21:11 | Report Abuse

Hahaha...not boring ke :)

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