Posted by tonytaylor > 2016-01-19 20:28 | Report Abuse

this share will be end up similar to the sister company wintoni , because also under TPY

Posted by Jacatez > 2016-01-19 20:29 | Report Abuse

Maybe, but since Alice is here, the chances is very slim.

Posted by Jacatez > 2016-01-19 20:31 | Report Abuse

Unless Alice talk good about Nexgram, then I will worry.

Posted by ssboy > 2016-01-19 20:38 | Report Abuse

Same person,same story,same return....finally hit 13 c again..
Pls buy now,big chance to win big ang pao....

Posted by Jacatez > 2016-01-19 20:41 | Report Abuse

The team members are Alicetey, nich0las and fatdatlo. You will see...

Posted by Ejsaham > 2016-01-19 21:03 | Report Abuse

ya..........jacatez.....ssboy....still remember?....wish marina is here....

Posted by Ejsaham > 2016-01-19 21:05 | Report Abuse

strong buy...and must have strong cut loss....low risk compare with warrant which buy at 9 sen...hehe............Atttttttttttttttacccckkkkkkkkkkkkkkkkkkkkkkkkk tomorrow

Posted by Jacatez > 2016-01-19 21:06 | Report Abuse

See the below article from Sinchew :

無倫最後誰是誰非，可以肯定的是投資者都是最大贏家，因為更透明和公平的企業交易可確保你們的利益受到保障，不會成為財雄勢大的機構投資者或大亨操盤的犧牲品。

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星洲网首頁 > 財經 > 評論
為你喝采
2016-01-19 19:14


弱肉強食，向來都是殘酷的商場定例。在本地印度電影《Jagat》裡，華人扮演著剝削位於社會底層的印度同胞的角色，看了電影後，是否覺得如果有人挺身而出，撥亂反正該有多好的感覺。
在這個現實的社會，很多東西都被萬惡的金錢給矇蔽，脆弱的人性自然也是如此。因此，翻開報章、瀏覽網絡新聞，我們總會看到許多不公的事情發生，也為敢於站出來捍衛公義的一切喝采不已。
今天，我就要為證券監督委員會（SC）喝一次彩。
成立於1993年3月1日的證監會，成立的宗旨就是為了監管交易所、監管企業併購和其他股市相關的事項，但成立了近23年，我們對證監會留下最深的印象卻是審核首次公開售股（IPO）計劃、出台私人退休基金（PRS）、眾籌平台等架構的信息，對執法的“偉業”印象實在不深。
但是，證監會在上週五一反常態發出了一封公開信函，對億豐（NEXGRAM，0096，創業板科技組）在監管單位查證公司併購愛爾德斯（IRETEX，7183，主板工業產品組）相關信息時，出售3家子公司的行為已經影響查證工作進度，對此感到高度關注。
證監會認為，億豐脫售子公司的動作已延緩和阻礙監管單位進行的查證工作，而查證結果可能對億豐股票價值帶來重大影響，對接受億豐換股獻議的愛爾德斯股東影響甚大。
消息一出，令市場為之震驚。一般上，企業在展開併購活動時，往往都會設下嚴謹的條款，就連派息可能會影響估值等條款都寫得一清二楚，億豐怎麼會不明白？
好啦，就算子公司脫售早有計劃，而且洽商工作也在併購獻議前就展開了，但億豐難道不需要告知愛爾德斯的股東？
盈利最大化是投資者的根本理念，賠本生意誰要做。雖然億豐在文告中說是基於子公司持續蒙虧，或是為了合理化集團企業架構，才決定脫售這3家子公司，也不預見這會對淨資產帶來顯著影響，但是你至少得給愛爾德斯小股東們一個說法，安撫他們不會換到“賠錢貨”呀。
雖然億豐尚未對事件作出解釋，事情真相究竟如何暫不得而知。但是，證監會作風向來審慎，此次會如此大動作直接發公開聲明，堵死億豐收購愛爾德斯的大門，不免讓人懷疑事情可能真的內有乾坤。
無倫最後誰是誰非，可以肯定的是投資者都是最大贏家，因為更透明和公平的企業交易可確保你們的利益受到保障，不會成為財雄勢大的機構投資者或大亨操盤的犧牲品。
更重要的是，證監會也藉此向市場釋出“I'm Watching You（我在看著你們）”的訊息，告誡企業、商業大亨，甚至是投機客們不可恣意妄為，視法律為無物，不該逾越監管單位設下的最後底限。（星洲日報／焦點評析：洪建文）


點看全文: http://biz.sinchew.com.my/node/129855#ixzz3xhA2068D
Follow us: @SinChewPress on Twitter | SinChewDaily on Facebook

Posted by Ejsaham > 2016-01-19 21:07 | Report Abuse

translate please

Posted by Jacatez > 2016-01-19 21:09 | Report Abuse

The writer said no matter who's right who's wrong, action from sc on Nexgram finally will benefit small investors. Their benefit is guaranteed!

Posted by Jacatez > 2016-01-19 21:11 | Report Abuse

As I said, SC checking on Nexgram is good.

Posted by Ejsaham > 2016-01-19 21:12 | Report Abuse

good...........tq jacatez

Posted by Ejsaham > 2016-01-19 21:13 | Report Abuse

but i think this time will go higher.........

Posted by Jacatez > 2016-01-19 21:14 | Report Abuse

I don't understand why everyone view it as bad news. I hope SC will do the same to more companies if possible. I don't care about TPY, OKA, CKP, I don't know them.

Posted by Jacatez > 2016-01-19 21:15 | Report Abuse

Ejsaham, why you say it will go higher?

Posted by Jacatez > 2016-01-19 21:20 | Report Abuse

After SC audited Nexgram, the company will be clean, no more hanky panky :-)

Posted by Ejsaham > 2016-01-19 21:21 | Report Abuse

you think tpy can't hired good lawyer?for sure he will win
with a lot of future project in hand with the discount share price....
please check new nexgram website.....its mean company currently in structure to be a good company....

Posted by Ejsaham > 2016-01-19 21:21 | Report Abuse

http://nexgram.com/

Posted by Ejsaham > 2016-01-19 21:23 | Report Abuse

for the pass of year.....nexgram dont have any official website.....

Posted by Jacatez > 2016-01-19 21:24 | Report Abuse

TPY might be too rush and overlooked some procedures and regulations, i.e disposing loss-making companies during Iretex merger process and triggered SC to came to them.

Posted by Ejsaham > 2016-01-19 21:25 | Report Abuse

nothing else rather than this two.....hahaha

1. alicetey coming.....
2. Dr warrant cut loss his share........

Posted by Jacatez > 2016-01-19 21:25 | Report Abuse

Or he do it purposely? I don't know :D

Posted by Ejsaham > 2016-01-19 21:26 | Report Abuse

they have appoint a new CEO can reply quiry from SC or bursa.....you think TPY hired for nothing?

Posted by Ejsaham > 2016-01-19 21:26 | Report Abuse

the best part....TPY still not dispose any of his share.....that good

Posted by Ejsaham > 2016-01-19 21:26 | Report Abuse

AtttttttttttttAAAAAAAAAAAAACKKKKKKKKKKKK!

Posted by Jacatez > 2016-01-19 21:29 | Report Abuse

Wait for 6 sen...then I will attack...hahaha. Alice will be back soon....he will continue his duty.

Posted by Ejsaham > 2016-01-19 21:30 | Report Abuse

as usual........hihi

Posted by Jacatez > 2016-01-19 21:31 | Report Abuse

Let it be and we ride on it. Bye.

Posted by ssboy > 2016-01-19 21:38 | Report Abuse

I think dr warrant will come back again,coz he love tpy so much....hahahaha....

Posted by Ejsaham > 2016-01-19 21:45 | Report Abuse

haha.......but pity him......nexgram losss......luster pun loss....

Posted by Ejsaham > 2016-01-19 21:49 | Report Abuse

dont worry warrant...this time i join you....but once i buy cheap price tomorrow onward :P

Posted by izoklse > 2016-01-19 21:53 | Report Abuse

http://www.thestar.com.my/business/business-news/2016/01/19/probe-deepens-on-nexgram/

Probe deepens on Nexgram

Action taken will depend on findings of the investigation

PETALING JAYA: Following the unprecedented action by the Securities Commission (SC) to disclose questionable actions by Nexgram Holdings Bhd, the regulator’s next course of action is a thorough investigation into the money trail relating to the RM84.5mil cash balance that had previously existed in the company, sources said.

This investigation will entail, among others, answers from directors, advisors and auditors of Nexgram, which is involved in software and property.

It is learnt that the authorities are looking at the dealings involving three subsidiaries of Nexgram and if the decision to divest them went to the board.

“The three subsidiaries were already the subject of investigations by the authorities in the capital markets. Knowing that, how did the planned divestments get done?” asked a corporate lawyer. The type of action taken will depend on the findings of the investigation by the regulators.

To recap, last Friday, the SC invoked its powers under Section 217(4)(b) of the Capital Markets and Services Act 2007 (CMSA) by issuing a public statement in relation to a proposed takeover of Ire-Tex Corp Bhd by Nexgram, to be funded by the latter’s shares.

The SC’s concerns had related to the value of the assets of Nexgram, noting that the actions of Nexgram to dispose of some of its subsidiary companies “delays and obstructs the ongoing enquiries by the SC and Bursa Malaysia.”

According to sources, both the SC and Bursa had concerns about Nexgram, following the latter’s service of its notice to takeover Ire-Tex last November.

At some point in their investigations, both regulators agreed that there were sufficient grounds for Bursa to require Nexgram to provide verification on the existence of certain assets belonging to these subsidiaries.

It is also understood that as part of the initial investigation into Nexgram, the SC and Bursa had met with the advisors and a representative of the board of Nexgram to request the verification of certain alleged bank balances by an independent accountant.

The trigger point for the SC to take action under Section 217 of the CMSA was the company’s decision to dispose the relevant subsidiaries.

The type of actions of the regulators in this case will depend on when the outcome of their investigations are, which is also a complicated matter as it involves bank accounts and other transactions in Indonesia.

Depending on the timing of the findings, the SC could file for an injunction to stop the offer from proceeding or leave the offer to lapse. This is because Bursa has already notified Nexgram through its advisors that it will not clear the circular to shareholders and thus an EGM cannot be held for Nexgram shareholders to vote on matter, and this in turn would lead to the offer lapsing.

“The combined efforts of the SC and Bursa are ensuring that the shareholders of the target company, namely Ire-Tex, are not in danger of receiving payment in shares that may have a questionable value,” explained the corporate lawyer.

The SC raised eyebrows at the value of Nexgram that was sitting on a cash balance of RM84.5mil as at April 30, 2014. Its accounts showed that in the following financial year, most of that cash looked like it had been converted into inventories.

The company could have used the cash to purchase inventories, indicative by the accounts which showed inventories move from zero to RM89.8mil as at 2015. At the same time, cash balances fell to RM31.1mil. Sources said the SC’s enquiries could have centred around the paper and cashtrail of how those inventories were built up.

The case involving Nexgram has drawn attention to one businessman in particular, Datuk Tey Por Yee, who on Jan 14, resigned as executive director to “pursue his personal interest and goals”. Since his resignation, Nexgram has six directors left sitting on its board.

The rare statement by the SC sent Nexgram’s shares reeling to as low as 7.5 sen yesterday, representing an 11.76% drop.

The stock saw 34.5 million shares exchange hands. The shares closed at 8.5 sen last Friday.

Tey was also involved in the Protasco Bhd boardroom tussle, which saw him together with director Ooi Kock Aun voted out of the board at an EGM.

This came after allegations of a questionable investment in an Indonesian oil and gas company.

Meanwhile, in a related development, Nexgram shed some additional details about its plans to sell its entire 69.6% stake in Godynamic Investmentd Ltd for RM34.8mil on Jan 12.

This was in response to a query by the stock exchange.

Nexgram said while proceeds from the disposal would be used to pay for the 51% stake in Transeaways Shipping Sdn Bhd, which was announced on Jan 14, the company was “unable to quantify the exact amount” to be utilised for the planned acquisition.

Posted by shareprofit > 2016-01-19 23:36 | Report Abuse

when u have tay as director, troubles are never far
just like mr repco, he will soon be in jail

Posted by shareprofit > 2016-01-19 23:36 | Report Abuse

not soon...eventually

Posted by Dirtyplay > 2016-01-20 00:16 | Report Abuse

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

Posted by DRwarrant > 2016-01-20 01:10 | Report Abuse

Kihhhh kihhhh kihhh after having mid-nite seks.....I am back again again - really tired after ejaculating heavy sper* !

It's a blessing too with cheaper NEXGRAM >> EASIER to PUNT & HIGHER % GAIN !
after all >> the cheaper the penny@ warrant >> the higher the % gain

## my DARINGG escape happend on monday at opening 9AM >> really deadly gamble ( if failed gone case - but thanks GOD wiittttttttttt wittt $$$$$$ )...wallapppp some before closing ( attractive price edi )

Posted by AliceTey > 2016-01-20 05:06 | Report Abuse

Yuhuuuu...

Posted by Tycoontips > 2016-01-20 05:41 | Report Abuse

Despite all effort chong tried to say bad deal and tpy is bad, still cannot deny the fact chong ket pen promise people and sign a deal of buying oil in exchange for people to invest. Be it good or bad oil, owe what broker or supplier, who sign contract with chong, chong did own due diligence, and made decision to buy, and he took the asset only to put an excuse and blame. Chong also sign SD while we signed agreement having direct personal interest and did not disclose. When this truth is tested, wasn't it legally challenged despite how his lawyer twist? When a man is desperate, what he does is no more his personal decision. Its suicide bommer. Someone needs to knock the head of chong to answer to what he is doing. He was helped by crook, that is what he tried to says, doesnt cover facts above.

Posted by Tycoontips > 2016-01-20 05:53 | Report Abuse

Tey despite being set up and i believe never being told by chong he is being pit as chong scapegoat, being perception build by chong divert attention from the facts chong agreed on completing oil deal and in exchange for tey and ooi to take over protasco. Also cannot deny that Tey and Ooi put full trust on him to carry out the oil deal himself. Anything chong dont feel good, he not only did not discuss with tey or ooi, and turn this trust into betrayal, tried to pull himself out by rush cancellation of deal leaving vendor puzzle and put this blame to tey and ooi. What kind of trust tey and ooi gave, to what kind of person? And chong by putting so many stakeholders life at stake, thousands of investors and hundreds of family and kids just to cover up what he did, if chong has little human soul left, someone should wale him up. End of game he himself is also game over. At least guilt and personality wise.

Posted by Tycoontips > 2016-01-20 06:09 | Report Abuse

Nexgram investors if look at the company solely despite tpy being set up to put a blame on protasco by ckp, the company may have insider and flying letters send by ckp to divert attention away from ckp own problem, is a healthy company with many growing businesses. The telco sofware, security and surveiliance, property and shipping. All of whom are self ran and independent with experienced team and strong order books. Despite ckp trying to say company construction project has bad material inside the wall, company use illegal workers or buy sand from quarry with no license, the houses were build and in good condition. Short term man-made news and perception building cannot over shadow the facts that Nexgram business is strady and in good hands. Ckp plan to put all these salaries people and Nexgram innocent investors to feed him own, authority should look beyond and think what is the main purpose of their existance. This is mass murder assisted by authority. Not to use the word being used.

Posted by Tycoontips > 2016-01-20 06:10 | Report Abuse

Too much, and deep down ckp heart, if there is still a human blood in it, think of the innocent people and their kids & family. What are you doing if not being done.

Posted by Tycoontips > 2016-01-20 06:13 | Report Abuse

Maybe someone which saw the mass murder may look at the blood of ckp hand, and ask him look at his hand. The play could have went too far listening to soulless people surrounding.

Posted by AliceTey > 2016-01-20 06:30 | Report Abuse

LOL LOL....no lah brothers...in indonesia the oil-and-gas project brought by tey and ooi to protasco is in dispute. The owner of pt fas and haseba already filed criminal complaint against tey-ooi alleging among other that tey-ooi forged their signatures to held illegal egms and stole the company from them. Tey already named as a suspect pending trial but this would wait until the criminal trials in malaysia is over. And pertamina refused to extend the contract if haseba's ownership is in dispute.

Now imagine for a moment of what will happen to protasco if despite all bad signs still proceed with the purchase? One thing for sure: protasco gets nothing, but tey-ooi will die a rich man from the money they embezzled from protasco LOL LOL

Posted by AliceTey > 2016-01-20 06:45 | Report Abuse

So basically tey-ooi defense is that their misfortune can be blamed to the chongs. Wow, they made the chongs almost like a demi-god who can magically conjure up anything they want LOL LOL LOL

Let's see

- malaysia police raided nexgram office must be because the chongs right?

- indonesia police raided pt inovisi office also must be because of the chongs?

- tey is a suspect of fraud and perjury in malaysia is because of the chongs?

- tey is a suspect of fraud and forging signature in indonesia is also chongs?

- nexgram is investigated by sc because emmmm chongs?

- pt inovisi's shares is suspended by indonesia sc also chongs?

- tey and ooi disposal of nexgram's assets is chongs?

- tey and ooi disposal of pt inovisi, ruining the life of it investors and employee also chongs?

- tey and ooi got robbed by their enemy who were tipped by their employee is chongs?

- tey and ooi request to the indonesian police for protection when they appear for questioning, reasoning an indonesian mafia that they previously cheated will kill them; is also chongs?

- nexgram's shares plummeted because of chongs?

- pt inovisi's shares plummuted also chongs?

- adrian ooi kock aun cheating on his wife by screwing his indon maid chongs again?

- larry tey por yee cheating on his wife by playing around with hookers in indonesia must be chongs?

- and so many more that befallen tey chee bye and ooi puki that can be traced to demo god chongs LOL LOL LOL

Posted by AliceTey > 2016-01-20 06:57 | Report Abuse

KUALA LUMPUR, Jan 15 — A former director of Protasco Bhd was charged in the Ampang Sessions Court today with fraud involving RM68 million, and making a false declaration, four years ago.

Datuk Tey Por Yee, 40, claimed trial to both charges. On the first charge, he is accused of concealing information from the company’s board of directors and officers that he had a vested interest in a company, PT Anglo Slavic Utama in Indonesia.

In so doing, he allegedly misled the victims into entering into an oil and gas investment agreement with PT Anglo Slavic Utama through the purchase of 63 per cent of PT Anglo Slavic’s shares in Indonesia worth US$22 million (RM68,393,170).

The payment for the shares was allegedly channelled in stages to two CIMB PT ASU accounts.

Tey is accused of committing the offence at Protasco Bhd’s office at Corporate Building Unipark Suria, Jalan Ikram-Uniten, Kajang here, between November 2012 and January30, 2014.

On the second charge, he allegedly made a sworn false statement before Wern Li Morsingh, a Commissioner of Oaths that he did not have any vested interests in PT Anglo Slavic Utama, whether as a director or shareholder. He is accused of committing the offence in the company’s conference room at the same place on July 25, 2014.


Judge Rushan Lutfi Mohamed set bail at RM1 million with one surety and February24 for re-mention.

Tey was also ordered to surrender his passport to the court and to refrain from harassing the prosecution’s witnesses.

Deputy public prosecutor Datin Nurshuhaida Zainal Azahar acted for the prosecution while counsel Datuk K.Kumaraendran and Mak Lin Kum represented the accused. — Bernama

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- See more at: http://m.themalaymailonline.com/malaysia/article/ex-company-director-charged-with-rm68m-fraud#sthash.mgibhGRB.d

Posted by Dirtyplay > 2016-01-20 07:09 | Report Abuse

Chong you spell it right. Its chong

Posted by AliceTey > 2016-01-20 07:10 | Report Abuse

http://www.thestar.com.my/business/business-news/2016/01/15/sc-concerned-about-nexgram-takeover-of-iretex-corp/

Well, nexgram is so ruined that not even the all mighty power full demi god wizard the chongs could save it if they want LOL LOL LOL

Posted by Dirtyplay > 2016-01-20 07:11 | Report Abuse

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.

Posted by Dirtyplay > 2016-01-20 07:14 | Report Abuse

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

Posted by Dirtyplay > 2016-01-20 07:18 | Report Abuse

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.