All Comments for reference only. Be mature thinking by yourself. Then only considered fit invest in Share Market. If not, Better keep money in the bank ( fixed deposit ), much more safer.
What potential company? Nexgram was established in 1999. Any potential should already fulfilled by now. And remember, in 2007, it shares was sold at 20 cents. Now it merely worth 5 cents LOL LOL LOL
Wednesday, 3 February 2016 | MYT 8:14 PM Former company director claims trial in cheating case involving RM80mil
BY MAIZATUL NAZLINA
KUALA LUMPUR: A former company director has been charged in the Sessions Court here with cheating the board of directors, making a false declaration and criminal breach of trust involving more than RM80mil.
Datuk Ooi Kock Aun, 49, was accused of cheating Protasco Bhd’s board of directors and its officers by withholding information that he had had direct involvement with PT Anglo Slavic Utama, a company incorporated in Indonesia.
His action resulted in Protasco entering in an investment agreement on oil and gas in Indonesia via the purchase of 63% of PT Anglo Slavic Indonesia valued at US$22mil (RM68,393,170) with PT Anglo Slavic Utama.
The payment for the purchase was made in stages into two bank accounts.
The offence, under Section 420 of the Penal Code for cheating, was allegedly committed at Protasco’s office at Level 2, Corporate Building Unipark Suria, Jalan Ikram-Uniten, Kajang, between November 2012 and Jan 30, 2014.
Ooi, who is now a businessman, faces a second charge of making a false declaration to the Commissioner for Oaths that he did not have any ties with PT Anglo Slavic Utama, its directors or shareholders when he knew that he indeed had an interest in the company.
The offence allegedly took place at Wern Li Morsingh commissioner for oaths office at Fraser Business Park in Jalan Metro Pudu, off Jalan Yew, on July 25, 2014.
The third charge reads that Ooi committed CBT involving PT Anglo Slavic property worth RM16,250,000 at CIMB Islamic Bank Bhd in Menara Southern Bank in Plaza Damansara, Bukit Damansara, on Feb 4, 2014.
Ooi claimed trial to the charges before Sessions judge Suraiya Mustafa Kamal.
DPP Nurshuhaida Zainal Azahar offered bail at RM1mil in one surety for all charges.
She also urged the court to impound Ooi’s passport and prevent him from approaching all prosecution witnesses.
Ooi’s counsel Edmund Bon, in asking for a lower bail, said his client had cooperated with police throughout the investigation.
He said Ooi had a wife and four children and he was a respected individual in the accounting field.
Suraiya fixed bail at RM1mil in one surety for all charges and ordered Ooi to surrender his passport and prohibited him from approaching prosecution witnesses.
Two founders and controlling shareholders of nexgram are corporate criminals. And you think their scheming doesn't involved nexgram? In your dream 'man LOL LOL
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....
DRwarrant
8,354 posts
Posted by DRwarrant > 2016-02-01 16:45 | Report Abuse
get lost @ CHOWWWWWWW tey pukee....& then RUSHHHHH to buy grandma FD @ Fixed Deposit for 3 % never failed return,,,,,