Posted by manbp2000 > 2016-01-23 20:21 | Report Abuse

ALTHOUGH the takeover offer Nexgram Holdings Bhd made on Ire-Tex Corp Bhd is now off the table, it has not stopped regulators from pursuing their investigations on the former’s past dealings.

Posted by ssboy > 2016-01-23 21:07 | Report Abuse

Hopefully alicetey photo will be on newspaper very soon.

Posted by Ejsaham > 2016-01-23 21:33 | Report Abuse

kemon guys...its a holiday...get a life guys....

Posted by DRwarrant > 2016-01-23 22:10 | Report Abuse

SG999 here ? still under PAWENG @ sherman treatment - FLOWER BATHINGG to get rid the PONDAN SPIRIT ....??

Ejsaham - KOOL IT , BEBI !

BTW >> OIL STEAMINGG 10 % + DOW JONE EXPLODED 211 +
those overdosed with put warrantss >> roasted to DEAD RAT !

## KLCI to JUMP by 50 points after Thaipusam $$$$$$

@@@ GRABBBBB OIL WARRANTS for HIGHEST % GAIN $$$$$

Posted by LisaChongTherNeh > 2016-01-23 23:46 | Report Abuse

drwarrant looks better than alice in terms of psycho-ness. LOL LOL LOL

Posted by LisaChongTherNeh > 2016-01-23 23:48 | Report Abuse

US market up 200 points but Malaysia entire market full of psycho that is why not recovering.

Posted by LisaChongTherNeh > 2016-01-23 23:50 | Report Abuse

oil also up 30 dollar. Malaysia still no move because of psycho. COOL.

Posted by LisaChongTherNeh > 2016-01-23 23:52 | Report Abuse

Thaipusam coming so go punch a hole in alice mouth to pays off some of his bad deed to redeem himself lah.

Posted by alicetey > 2016-01-24 06:00 | Report Abuse

Nexgram is going down, down town LOL LOL LOL

Posted by alicetey > 2016-01-24 06:10 | Report Abuse

Before it was suspended, the shares of Tey and Ooi's company in indonesia dropped 71% in the matter of days. Sounds familiar? LOL LOL LOL

Metrotvnews.com, Jakarta: PT Bursa Efek Indonesia (BEI) menghentikan sementara (suspensi) saham PT Inovisi Infracom Tbk (INVS). Tak hanya saham, waran seri 1 perseroan (INVS-W) juga ikut disuspensi.

Disampaikan Kadiv. Pengawasan Transaksi BEI, Irvan Susandy, dalam laporannya di keterbukaan informasi BEI, Senin (5/1/2015), suspensi tersebut sehubungan dengan penurunan harga kumulatif yang signifikan.

"Suspensi ini karena harga saham perseroan menurun secara signifikan sebesar Rp340 atau 70,83 persen dari harga penutupan Rp480 pada 15 Desember 2014 menjadi Rp140 pada 2 Januari 2015," tutur dia.

Posted by alicetey > 2016-01-24 06:15 | Report Abuse

Inovisi was probed by the indonesia sc over it transaction and disposal of assets. Sounds familiar? LOL LOL LOL

http://m.kaltim.prokal.co/read/news/229549-saham-dibekukan-inovisi-diinterogasi

Posted by ssboy > 2016-01-24 07:22 | Report Abuse

Prtasco wanna bankrupt very soon,bcoz this lan jiao lang alicetey....ho leh.....

Posted by DRwarrant > 2016-01-24 07:38 | Report Abuse

hmmmm ...auntie ALICE_T is so MAD about Nexgram , most likely she got burnt liao with this counter ... Don't WOLI auntie , this MARKET DARLING NEXGRAM to be 10 SEN SOON $....Enjoy your weekend break @ Thaipussam $$$$$$,,,,,

Posted by alicetey > 2016-01-24 11:39 | Report Abuse

https://www.youtube.com/watch?v=MFukVxP8Nks

https://www.youtube.com/watch?v=kDlQQNA_LEM

Look, a devil is being covered by a bangla bodyguard LOL LOL LOL

Posted by alicetey > 2016-01-24 11:40 | Report Abuse

Wow, Adrian Ooi got so many porns in his Youtube's channel LOL LOL LOL

https://www.youtube.com/channel/UCLD7e3IdnQT0dBSASS9YtFg

Posted by DRwarrant > 2016-01-24 11:56 | Report Abuse

thanks auntie Alice for the video....what a shame full Atok Leri hadcuffed , covered by a Bangla..>> .actually no need to be ashamed >> should have him WALKING TALL & HEAD HIGH UP worrr....cehhhh what a pondan !

## that ATOK is a gone case , BUT NEXGRAM to remained steady , chargingg & kickingg again $$$$$$ !

Posted by ssboy > 2016-01-24 12:51 | Report Abuse

Alicetey,son of chong pu ki.....your prtasco on the way bankrupt liao...

Posted by davidlim85 > 2016-01-24 13:46 | Report Abuse

Wtf of Alicetey in here?

Posted by FilmDirector > 2016-01-24 13:51 | Report Abuse

His father chong ket pen spend so much money lie and set up tpy and his partner ooi. Anything dirty also make. So much to cover up meh?

Posted by FilmDirector > 2016-01-24 13:52 | Report Abuse

The simple fact is chong ket pen dis wrong, betray his partners, put blame and chicken hide behind protasco. Thats all about it.

Posted by alicetey > 2016-01-24 13:52 | Report Abuse

Hahahaha, protasco can goes anywhere for all i care...but my heart would be filled with abundant joy if tey, ooi and nexgram are destroyed LOL LOL LOL

Posted by FilmDirector > 2016-01-24 13:52 | Report Abuse

His simple story still same. Paint so much. Here is one:
http://anotherbrickinwall.blogspot.my/2014/11/why-spend-rm97-million-to-cheat-company.html?m=1

Posted by FilmDirector > 2016-01-24 13:53 | Report Abuse

Lets spam his father house.

Posted by alicetey > 2016-01-24 14:21 | Report Abuse

Why spent RM 97million to cheat RM 55million?

Firstly, it's not RM 55million, but RM 110million. Protasco is able to escape paying the full amount because they are lucky.

Secondly, Tey and Ooi did not bears the risk of forfeiting their stakes in Protasco. As of today they remained shareholders of Protasco.

Thirdly, USD 20million or RM 40million out that RM 97million worth of shares is a loan from Dato Chong Ket Pen that has yet to be paid as of today.

Forthly, if in first attempt tey and ooi is able to cheat Protasco for RM 110million, it is hard to imagine how much money they could siphoned from protasco by bringing another projects runned by their nominees. As it happen, protasco is also filing suit against pt goldchild integritas abadi, another company owned by tey and ooi in another foiled mining project.

Posted by Monde > 2016-01-24 14:23 | Report Abuse

LOL LOL LOL... Alicetey.. You think that your comment here can destroy a public listed company? LOL LOL LOL powderful .. Yes powderful

Posted by alicetey > 2016-01-24 14:30 | Report Abuse

Nexgram will self destruct. No need my involvement. I merely try to save nexgram's investors, shareholders and stakeholders.

Posted by alicetey > 2016-01-24 14:40 | Report Abuse

http://nexgram.com is using template and hosted by wordpress...how can you trust an IT company that can't even make their own website?LOL LOL LOL

Posted by Monde > 2016-01-24 14:46 | Report Abuse

All your doing doesn't seems like you are trying to save the investors.. More like trying to speed up the self destruct ! LOL LOL LOL liar calling tpy a liar.. How can we trust a liar?

Posted by alicetey > 2016-01-24 15:11 | Report Abuse

Indeed, how can you trust a liar? And nexgram is managed by two liars: tey por yee and ooi kock aun. So how can you trust nexgram? LOL LOL LOL

Nah, no need speeding up anything...nexgram's days are numbered.

Posted by ssboy > 2016-01-24 15:14 | Report Abuse

Alicetey is dog of uncle chong,prtasco cheating money company on the way bankrupt.

Posted by ssboy > 2016-01-24 15:16 | Report Abuse

Your fathet is super liar chong pu ki...md prtasco...

Posted by alicetey > 2016-01-24 15:18 | Report Abuse

Any yet it is tey por yee who is currently being tried for cheating protasco's money and leading his companies in indonesia and malaysia to bankruptcy LOL LOL LOL

Nexgram 4 cents wooohoooo...who's with me?

Posted by ssboy > 2016-01-24 15:19 | Report Abuse

Dui nia seng alicetey,md chong calling u su cking liao....

Posted by ssboy > 2016-01-24 15:21 | Report Abuse

Enjoy everyday su cking your uncle chong...ho lei..

Posted by alicetey > 2016-01-24 15:40 | Report Abuse

Ooo, did you kiss your mother with that mouth? LOL LOL LOL...tey por yee, ooi kock aun, Cha Lu Ma Eh Pua Phuki LOL LOL LOL

Posted by ssboy > 2016-01-24 15:49 | Report Abuse

Alicetey,lick uncle chong ka chuing kang....uncle chong shot alicetey ka chuing kang...

Posted by alicetey > 2016-01-24 15:53 | Report Abuse

Tey por yee, ooi kock aun, ran cia ki ru ti gon, ru ru e ki ru re mon LOL LOL LOL

Posted by alicetey > 2016-01-24 16:53 | Report Abuse

Nexgram’s change of auditors raises a lot of questions

WHO says minority shareholders are a helpless lot? How can that be true when a person with a minuscule number of shares in a listed company became the only one to nominate the new external auditors for the company? And he didn’t even have to explain why he did so.

He just threw out the name of the accounting firm and came up with a proposed resolution to be tabled at an extraordinary general meeting.

It was then up to the board of directors to assess the suitability of the firm. The board decided that the appointment of the new auditors was in the best interest of the company and its shareholders, and thus recommended that shareholders at the EGM vote for the proposed change of auditors. The shareholders did as advised.

Take a bow, Ko Boon Leong of Setapak, Kuala Lumpur. If there were such a thing as the Tiny-but-Mighty Corporate Player of the Year Award, you’d likely be a top candidate for 2015.

Then again, an accolade like that shouldn’t be given away cheaply. There should be diligent scrutiny. Let’s go over the story and raise questions when necessary.

But first, the reason this has come up is because the auditors appointed last year now wants to step down, after less than six months in that role. Accounting firm CHI-LLTC explained that its workforce had shrunk recently and it therefore couldn’t handle the increasing work arising from the listed company’s “recent expansion plan”.

The listed company is Nexgram Holdings Bhd, which has been in the news lately after the Securities Commission had issued a public statement on Jan 15 regarding the company’s offer to buy all the securities of Ire-Tex Corp Bhd. It was revealed that three subsidiaries of Nexgram are the focus of ongoing enquiries by the SC and Bursa Malaysia. On Thursday, Nexgram applied for consent from the SC to withdraw the offer for the Ire-Tex securities.

Back to the replacement of auditors last year. On July 8, Ko sent a letter to Nexgram to nominate CHI-LLTC as the new auditors, taking over from SJ Grant Thornton. He also offered a draft resolution for the proposed change.

According to the letter, Ko had 1,333 Nexgram shares. That’s almost nothing compared with the company’s 1.88 billion issued shares. Nevertheless, as a shareholder, he’s entitled to nominate the auditors, according to the Companies Act.

But why him? And why make the nomination at that point, when there had been no disclosure regarding a need to change auditors?

Based on announcements made through the stock exchange, the first time the investing public had any idea Nexgram was switching auditors was on July 20, when the company issued a notice of the EGM to consider the proposed change of auditors. The notice mentioned the resignation of SJ Grant Thornton, and yet, Nexgram hadn’t announced that development.

The relevant details only emerged the next day with the release of the circular to shareholders. Some of the fresh information certainly deserves greater attention.

In late June, SJ Grant Thornton told the Nexgram board that the fee for the 2015 audit would be increased from RM200,000 to RM500,000. The accounting firm said the hike was because it classified the 2015 audit as high-risk and would therefore need to use more resources for the job.

The high-risk classification is the result of “significant changes in the level of activities in the Nexgram group” and the Audit Oversight Board’s review of Nexgram’s 2014 audit files, which led to the requirement for additional work to be performed during the 2015 audit.

The board met on July 8 and agreed to reject the fee revision, describing it “not sensible and totally unreasonable”. On the same day, the board received Ko’s letter nominating CHI-LLTC as the new auditors and alluding to SJ Grant Thornton’s resignation.

But Nexgram received SJ Grant Thornton’s letter of resignation only on July 15, after the board had written to the firm on July 10 to say it wouldn’t accept the new audit fee.

In its circular to shareholders, Nexgram says it received Ko’s notice of nomination in “anticipation of the outcome of the negotiation with SJ Grant Thornton”.

That bit of pretzel logic can only trigger questions. How did Ko know about the directors’ stand on the higher audit fee? In fact, how is he — a person with merely 1,333 Nexgram shares — even aware of the fee revision? How and why has he chosen CHI-LLTC as the standby auditors out of the more than 50 other accounting firms in Malaysia that are registered as auditors of listed companies?

And why didn’t the nomination come from somebody else, say, Datuk Tey Por Yee, who was then Nexgram’s CEO and MD, and also a substantial shareholders?

http://www.thestar.com.my/business/business-news/2016/01/23/the-tiny-but-mighty-shareholder/

Smell like something fishy is going on LOL LOL LOL

Posted by alicetey > 2016-01-24 16:57 | Report Abuse

Saturday, 23 January 2016
Regulators to probe Nexgram

BY WONG WEI-SHEN

Investigations to proceed despite the company withdrawing Ire-Tex offer

ALTHOUGH the takeover offer Nexgram Holdings Bhd made on Ire-Tex Corp Bhd is now off the table, it has not stopped regulators from pursuing their investigations on the former’s past dealings.

On Thursday, Nexgram turned things around by announcing its intention to withdraw its takeover offer on one-stop packaging service provider Ire-Tex. This came a day after it said it would take steps to bring in a special auditor to determine the veracity of some of its assets.

Yesterday, Nexgram also announced that its due diligence committee had taken heed of concerns made by regulators and followed up with a visit to Indonesia, where some of the questionable transactions are said to have transpired.

“The Nexgram board had formed the view that such observations appear to potentially point to inconsistencies with regards to details of certain assets with the Nexgram group,” the statement said.

Following this, Nexgram said it had formed a special committee comprising of four directors of which two are independent, to take necessary steps to address the matter, which include the appointment of a special auditor.

Still, if any evidence suggests Nexgram has not carried out its responsibilities towards shareholders, the company could face sanctions from the regulators, and depending on the severity, it could face criminal prosecutions, insiders say.

http://www.thestar.com.my/business/business-news/2016/01/23/regulators-to-probe-nexgram/

-----

Looks like nexgram is going to be delisted and bankrupt in not so near future LOL LOL

Posted by alicetey > 2016-01-24 17:13 | Report Abuse

Monday, 18 January 2016 | MYT 11:15 PM
Nexgram in the dark on various aspects of its proposed share sale

KUALA LUMPUR: Nexgram Holdings Bhd, which plans to sell its 69.6% stake in Godynamic Investments Ltd (GIL) to Vast Wealth Management Corp for RM34.8mil, does not have information on details such as who Vast Wealth’s shareholders are.

The company, whose businesses range from IT services provision to property development, told Bursa Malaysia that it also currently did not know how the disposal of its stake in the mobile application service subsidiary would affect the group’s earnings per share, net assets per share and gearing.

Nor does it know the expected gains or losses to the group arising from this proposed sale, which was announced last week.

Replying to Bursa’s query, Nexgram said it would submit details on various questions asked by the regulator “in due course once the information is available.”

On Jan 12, Nexgram announced the disposal of the entire stake in GIL, which owns 84% in Indonesia-based mobile application service/mobile security operations.

In the notice, the company said the GIL group had been making losses for the financial years 2012 to 2014. In the 2015 financial year it made an after-tax profit of RM3.5mil, but Nexgram said this was mainly due to the implementation of a cost-cutting strategy which it is not expected to benefit from anymore due to the tougher business environment.

“The proposed disposal will enable Nexgram to focus on other existing profitable business segments, e.g. property and trading of surveillance equipment,” it said.

Nexgram, via unit Nextnation Network Sdn Bhd, had boosted its stake in GIL from 51% to 69.6% less than a year ago (in April 2015).

It paid RM18.53mil for the additional 18.6% stake. Based on this purchase price, the entire 69.6% stake was valued at RM69.3mil at the time of purchase.

On Friday last week the SC expressed reservations on Nexgram’s takeover of Ire-Tex Corp Bhd - another company linked to Datuk Tey Por Yee - following an ongoing probe into the sale of Nexgram’s subsidiaries, including GIL.

Nexgram shares fell 1 sen to close at 7.5 sen on Monday, with 34.499 million shares changing hands.

---

Well, i can say this much, Tey and Ooi's company in indonesia (inovisi) also answered "this don't know that don't know" when being probed by the indonesian with regard to it corporate action and disposal of assets LOL LOL LOL LOL

Posted by alicetey > 2016-01-24 17:41 | Report Abuse

Before it demise, the following happens to PT Inovisi Infracom Tbk:

- the police raided the office of Inovisi.
- it shares dropped 70% in a matter of days.
- it sell it assets to an obscure chinese company, fortune phoenix.
- it founders, one Adrian Ooi Kock Aun resigned from the board.
- it was probed by the sc over irregularities in many corporate actions.

Let see if Nexgram share the same conditions:

- police raided it office? Check
- it shares dropped 40% in a matter of month? Check
- it sell it asset to an obscure company (vast wealth management)? Check
- it founders, Larry Tey Por Yee resigned from the board? Check
- it was probed by the sc over irregularities in their corporate action? Check

A quote from Albert Einstein: insanity is doing the same thing over and over again and expecting different results.

Do you think nexgram would be able to escape the fate of inovisi when adrian ooi kock aun and larry tey por yee does the same things in nexgram and in jnovisi? LOL LOL LOL

Posted by ssboy > 2016-01-24 19:44 | Report Abuse

Lu qi lang kan la..alicetey ....

Posted by alicetey > 2016-01-24 20:06 | Report Abuse

Tey por yee, ooi kock aun: gum lim pay eh lan jiao LOL LOL LOL

Posted by Monde > 2016-01-24 20:22 | Report Abuse

Everyone knows that alicetey plan is try to demotivate nexgram investor .. So they will buang the share and making it to collapse... Sorry la alicetey.... Boring

Posted by Monde > 2016-01-24 20:22 | Report Abuse

Oh btw LOL LOL LOL

Posted by Monde > 2016-01-24 20:23 | Report Abuse

Nexgram will not collapse as long the investor is holding firm

Posted by Monde > 2016-01-24 20:24 | Report Abuse

Alicetey will try to post a long story / news to hide what I just said :)

Posted by sarawakian > 2016-01-24 20:35 | Report Abuse

alicetey...walaupun u speak hokkien vulgar language...but i like it.

Posted by wwwlee > 2016-01-24 20:39 | Report Abuse

LOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOLLOL LOL LOL

Posted by alicetey > 2016-01-24 20:57 | Report Abuse

I already repeatedly asked Tey on the identity of the consultant, client, etc but he failed to answer. So we can assume that these are just another lies concocted by Tey and Ooi.

Basically, Tey and Ooi's defense (which can be found in numerous blogs set up by them) are as follows:

1. Tey and Ooi are consultants for Indonesian clients who are looking for investors.

Facts: according to the term's sheet signed by Tey and Herman, they are business partners that will develops the oil field in aceh province.

2. Tey and Ooi introduced PT ASU, indonesian vendors, to Protasco.

Facts: PT ASU was established after the fact by Tey and Ooi. It director and commisioner are nominees of Tey and Ooi.

3. Tey and Ooi are brokers whom main business is introduction projects for profits.

Facts: the deal between globalcap/Tey and Ooi's company and Herman Koswara, as well with Dato Chong/Protasco were to co-develop the oil and gas project in kuala simpang and not a brokerage deal.

4. Tey and Ooi obtained the oil and gas project before they were appointed as Protasco's director so there is no fiduciary duty to disclose full information on the deal.

Facts: the statutory duties and fiduciaries duties existed since the first day Tey and Ooi accepted their appointment. So, instead of offering Protasco RM 176million to buy the stake of PT FAS, they should have offered the IDR 31million with Herman Koswara and Benny Tjokro.

5. Tey and Ooi found trails of money that proof Dato Chong received bribe to facilitate the oil and gas deal.

Facts: the so called trails actually series of money transfers between companies owned by Tey Por Yee and Ooi Kock Aun, i.e. PT ASU and PT Nusantara Rising Rich etc. The money is part of repayment of a loan by Dato Chong so Tey could finalize the acquisition of Tun Daim's protasco stakes.

6. Tey and Ooi are saviours to Dato Chong.

Facts: can you really call yourself savior if from day one you already devised a plan to cheat the person you supposed to save?

7. Dato Chong failed to inform the board on the existence of investment agreement with Tey Por Yee as well as the project.

Facts: Protasco's IC already confirmed that they are aware of the existence of such agreement and the reason Tey and Ooi agreed to buy Tun Daim's stakes. Further the board unanimously adopted the agreement by way of circular resolution.

8. Tey and Ooi are innocence and were framed by Dato Chong.

Facts: tey and ooi crimes includes, inter alia, extortion, forging documents, perjury (lying in statutory documents), fraud, embezzlement, false statements to the sc, obstruction of justice, bribery, cheat, contempt of court, libel, slander, etc.