Posted by diuckpmak > 2016-03-26 14:19 | Report Abuse

Opps clear and simple.

Forgot. Just to remind. Chong ket pen cheated investors when he induce them to invest and signed an agreement but hide away did not inform protasco board. Chong ket pen later lied further by signing an SD.

Chong ket pen breaches satutory and fiduciary duties.
Chong cheated protasco.
Chong cheated investors.
Chong induced and caused protasco the losses.
Chong cover up by way of flying letters is abuse of public resources.
Chong ket pen and son chong ther nen are set for minimum 30 years each in mental disorder criminal rehabilitation program.

Posted by TeyPuki > 2016-03-26 14:19 | Report Abuse

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.

The Nexgram saga started after it launched a takeover offer on Ire-Tex last November, which was to be satisfied through issuance of new Nexgram shares.

According to its website, Nexgram says it is a multinational conglomerate involved in the telco, security and surveillance, software development, property development, industries, business advisories and investment activities sectors.

Its rationale to take over Ire-Tex was so it could continue its diversification by tapping into manufacturing and industrial segments.

StarBizWeek earlier reported that regulators had concerns over the takeover due to the veracity of certain assets in Nexgram.

However, it had insufficient grounds to disrupt the offer and continued to follow up on its leads.

Following this, Nexgram posted its offer document on Dec 11, 2015.

It is understood that both the Securities Commission and Bursa Malaysia met with the advisors and a representative of Nexgram’s board to request the verification of certain alleged bank balances by an independent accountant.

However, soon after, through Jan 11 and Jan 12, Nexgram announced that it had earlier entered into agreements to dispose of some of its subsidiaries, which according to the SC, were the subject of enquiry.

At the same time, Nexgram made some more changes in the company.

On Jan 14, the company announced that its co-founder Datuk Tey Por Yee (pic) had resigned as executive director to “pursue his personal interest and goals”.

Since his resignation, Nexgram has six directors left sitting on its board.

Interestingly, Tey has not sold off his stake in Nexgram. According to Bursa filings, Tey’s stake stands at 23.4%.

This led to the SC choosing to invoke its powers under the Capital Markets Securities Act (CMSA) under Section 217 to issue a public statement on its concerns relating to those assets, a first for the SC.

This course of action is seen as a rarity even in other countries, says a source.

The SC had issued the public statement on Jan 15, stating that Nexgram’s disposal of certain assets “delays and obstructs the ongoing enquiries by the SC and Bursa Malaysia”.

Since Nexgram was seen as being “uncooperative” in bringing in a special auditor to independently verify the value of its assets, Bursa had all this while held back on the greenlight for Nexgram’s circular to its shareholders related to the Ire-Tex deal.

This meant that Nexgram had not been able to call for an EGM to vote on the takeover proposal, which in turn could have led to the offer lapsing.

On Jan 11 and Jan 12, Nexgram announced that it had earlier entered into agreements to dispose of its subsidiaries – Nexgram Resources Sdn Bhd, Godynamic Investments Ltd and PT Semesta Tirta Antara Raya (through Godynamic) – which are believed to be the subject of the regulators’ enquiries.

Although it is not too clear which assets showed some red flags, it is worth taking a look at Nexgram’s balance sheet.

In its financial statements for the year ended April 30, 2014, the company had RM84.5mil in cash balances. However in the following year, a majority of that cash seemed to be reflected in as inventories. Its inventories moved from zero to RM89.8mil in the following financial year while its cash balances fell to RM31.1mil.

Sources say enquiries by the regulators are focused on the paper and cash trail of how those inventories were built up.

Posted by diuckpmak > 2016-03-26 14:19 | Report Abuse

Kenny chong ther nen dont cry.

Posted by diuckpmak > 2016-03-26 14:20 | Report Abuse

Simple facts go jail is good for chong ket pen. Complicated waste time he suffers longer.

Posted by diuckpmak > 2016-03-26 14:21 | Report Abuse

Ckp mother got ppl takes care

Posted by TeyPuki > 2016-03-26 14:21 | Report Abuse

Lookie, lookie....ooi kock aun was handcuffed. I have to compliment him. At least he did not hide his face like tey por yee LOL LOL LPL

http://www.hmetro.com.my/node/112179

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

Now, let wait if anyone here could get me picture or video of the chongs and handcuff LOL LOL LOL LOL

Anyone with a half of brain also know tey and ooi's companies are their alter ego mah...are you brain dead or what? LOL LOL LOL

Posted by diuckpmak > 2016-03-26 14:21 | Report Abuse

Kenny chong! Lol lol lol

Posted by TeyPuki > 2016-03-26 14:22 | Report Abuse

At age seven, tey por hee was already showing signs of what he was destined to be: a thief and a liar. Ten sen, twenty sen, fifty sen…all would disappear “mysteriously” from his families drawers, savings and piggy banks. Later, bigger sums would go missing, from his father’s wallet to his mother’s purse. Tey would be placed at the scene of the crime but he always had an excuse or story to wriggle his way out of the situation.

For a while his parents believed him. Until he got caught red-handed one day. Then, his father had no choice but to punish him. If we hoped that would beat some sense and decency into him, we were sadly mistaken.

He took his bad habits with him to school. Already skilled at telling lies and manipulating people, he began cheating his classmates. The sums ranged from a few ringgit to hundreds of ringgit. The figures may seem small to some, but for a young schoolboy, the sum is enormous. As usual, his long-suffering father had to clear his debts and try to redress the damage done to his victims.

At age sixteen, Tey por yee had to audacity to go to his uncle’s house to borrow money. He said he needed RM2,000.00 because his father was sick and desperately needed the money for an operation. Believing his lies totally, the uncle gave it to him. His family never lived down the humiliation when the truth came out.

Since young, he has always been obsessed with money. Even when he had a lot of it, it was never enough. He wanted more and more. Never mind if it was obtained in a deceitful manner, just as long as he got what he wanted. It only goes to show that he is not only a pathological liar, but a pathological thief as well. With hundreds of millions already stashed away in private bank accounts, more than he can ever spend in ten lifetimes, he still remains greedy for more. So greedy that he is willing to lie, cheat and steal to achieve his end.

Posted by TeyPuki > 2016-03-26 14:23 | Report Abuse

Tey Por Yee and Ooi Kock Aun were also notorious for not paying their rentals, to the point that their landlords had to threaten legal action and resort to cutting off the utilities to get what was owed to them.

Worse off were their suppliers, of whom many had to suffer the bitterness of bankruptcy because tey and ooi refused to pay them their dues. Tragically, one of them even committed suicide because of bad debts, courtesy of Dato’ Tey Por Yee and Dato' Ooi Kock Aun.

This was not the only blood on his hands. He used a friend, Dedi Francis from Indonesia, to stand as a nominee for Tey and Ooi. When the loyal Dedi pressed for payment on company debts to incurred by Tey and Ooi's manipulative schemes, he was given the runaround. Time finally ran out for Dedi. Desperate, with his back to the wall and creditors all around him, Dedi almost took his own life but was able to be brought to hospital by his family on time.

Posted by TeyPuki > 2016-03-26 14:23 | Report Abuse

Yeah....and lookie here...On Feb 2, 2016, the Indonesian SC decided to extend the suspension of PT Inovisi's counter citing their failure to submit audited annual report to the SC LOL LOL

http://redaksi.co.id/47427/otoritas-bursa-lanjutkan-suspensi-4-saham.html

The management of PT Inovisi would not be able to produce such report as currently they went hiding like the slimey mice they are LOL LOL

Inovisi also failed to pay the annual listing fee:

http://economy.okezone.com/read/2016/03/24/278/1344702/bei-perpanjang-suspensi-7-emiten-nakal

Can't pay rent and can't pay annual fee? that is the fate of nexgram. Believe that LOL LOL

Speaking of which....anyone got the update on Nexgram's special committee report on Gold Dynamic and PT STAR? No news? Obviously since both are fictitious company owned by Tey Por Yee and Ooi Kock Aun...

http://www.thestar.com.my/business/business-news/2016/01/22/nexgram-sets-up-special-committee-to-address-possible-inconsistencies/

Any news on this so called nexgram venture to property in Fiji? LOL LOL LOL

http://www.bursacommunity.com/t22326-nexgram-ventures-into-property-development-in-fiji

Another fictitious project from yours truly: Tey Por Yee and Ooi Kock Aun.

Prior to it demise, the management of PT Inovisi also made numerous announcement on such and such projects or this and that acquisitions, which now we know it fictitious LOL LOL...

Ooo..and blessed are your eyes because they see and your ears because they hear. The heart of the people here has become dull. With their ears they scarcely hear and they have closed their eyes, otherwise with their heart, eyes and ears they will understand that.

Posted by augustinafederica > 2016-03-26 14:54 | Report Abuse

Wait is over

Posted by diuckpmak > 2016-03-26 15:25 | Report Abuse

Forgot. Just to remind. Chong ket pen cheated investors when he induce them to invest and signed an agreement but hide away did not inform protasco board. Chong ket pen later lied further by signing an SD.

Chong ket pen breaches satutory and fiduciary duties.
Chong cheated protasco.
Chong cheated investors.
Chong induced and caused protasco the losses.
Chong cover up by way of flying letters is abuse of public resources.
Chong ket pen and son chong ther nen are set for minimum 30 years each in mental disorder criminal rehabilitation program.

Posted by diuckpmak > 2016-03-26 15:25 | Report Abuse

Haha kenny chong go kenny chong.

Posted by diuckpmak > 2016-03-26 15:25 | Report Abuse

Pump his father criminal record up.

Posted by diuckpmak > 2016-03-26 15:26 | Report Abuse

So here he goes again dug his father billion dollar bribery up from his grave. Lol lol lol
Protasco office. Papa chong ket pen to son kenny chong ther nen:
"I got something to tell you. First you are not my son of origin. You have more siblings outside. Don't ask me why. Second, dad had siphoned billions of dollars and took some of the bribery money. That is how i gets money to buy protasco shares. The masters found out and is after me, the authority is after me. It's true son, our foreign country passport ready is not for fun. Now is time. We have to run to A (Africa). Third, I hide the criminal record with H. He knows nothing but the truth of all those years of records os safe with him. We cannot run away. Put blame and do all crime instigate on the two scapegoat does buy us some time and made them look bad but compared to ours, it's gigantic. When ours shoots up, it's 10 times worst. Never admit the bribery although I did not tell you. They will show you all the records and proofs, just deny. When time comes dad will take all blame. You run away, the money siphoned out there, you run and never come back. Here is the key, the book and list of people you shall contact when sheet shoot to roof. Billion dollars son, we should have taken more, but dad can't. Protasco will goes down when bubble burst. Before that dad is siphoning money to buy all shares whatever cost. Be it 3 ringgit, son. Bad will cheat and rob to get you out. "

Posted by diuckpmak > 2016-03-26 15:27 | Report Abuse

Ops.

Protasco office. Papa chong ket pen to son kenny chong ther nen:
"I got something to tell you. First you are not my son of origin. You have more siblings outside. Don't ask me why. Second, dad had siphoned billions of dollars and took some of the bribery money. That is how i gets money to buy protasco shares. The masters found out and is after me, the authority is after me. It's true son, our foreign country passport ready is not for fun. Now is time. We have to run to A (Africa). Third, I hide the criminal record with H. He knows nothing but the truth of all those years of records os safe with him. We cannot run away. Put blame and do all crime instigate on the two scapegoat does buy us some time and made them look bad but compared to ours, it's gigantic. When ours shoots up, it's 10 times worst. Never admit the bribery although I did not tell you. They will show you all the records and proofs, just deny. When time comes dad will take all blame. You run away, the money siphoned out there, you run and never come back. Here is the key, the book and list of people you shall contact when sheet shoot to roof. Billion dollars son, we should have taken more, but dad can't. Protasco will goes down when bubble burst. Before that dad is siphoning money to buy all shares whatever cost. Be it 3 ringgit, son. Bad will cheat and rob to get you out. "

Posted by diuckpmak > 2016-03-26 15:29 | Report Abuse

Good one fits ckp.

Posted by diuckpmak > 2016-03-26 15:29 | Report Abuse

Did you know?

baca ayat 2:191: And kill them wherever you overtake them and expel them from wherever they have expelled you, and fitnah is worst than killing. And do not fight them in Al-Masjid and Al-Haram until they fight you there. And if they fight you, then kill them. Such is the recompense of the disbelievers.

Muslim terutama, lihat penyakit dan sesak jiwa yang melanda penjenayah fitnah. Mhd Ibrahim Nor, Tan Sri Hadenan, Dato Haniff, pada masa fitnah di laksanakan, akan di panggil Allah jiwa, badan, kepala, tangan, kaki, dan hati yang dilanda racun satu persatu sampai hayat terakhir ke neraka. Cuba tanya kelompok berdosa protasco apakah terjadi korban maha esa?

Posted by diuckpmak > 2016-03-26 15:32 | Report Abuse

Bonus. Ckp goes in son also gets to take a free ride. Lol lol lol

Posted by diuckpmak > 2016-03-26 15:32 | Report Abuse

Don't worry about ckp mother. The gardeners will take turn ride on her. Lol lol lol

Posted by TeyPuki > 2016-03-26 15:34 | Report Abuse

Yeah....and lookie here...On Feb 2, 2016, the Indonesian SC decided to extend the suspension of PT Inovisi's counter citing their failure to submit audited annual report to the SC LOL LOL

http://redaksi.co.id/47427/otoritas-bursa-lanjutkan-suspensi-4-saham.html

The management of PT Inovisi would not be able to produce such report as currently they went hiding like the slimey mice they are LOL LOL

Inovisi also failed to pay the annual listing fee:

http://economy.okezone.com/read/2016/03/24/278/1344702/bei-perpanjang-suspensi-7-emiten-nakal

Can't pay rent and can't pay annual fee? that is the fate of nexgram. Believe that LOL LOL

Speaking of which....anyone got the update on Nexgram's special committee report on Gold Dynamic and PT STAR? No news? Obviously since both are fictitious company owned by Tey Por Yee and Ooi Kock Aun...

http://www.thestar.com.my/business/business-news/2016/01/22/nexgram-sets-up-special-committee-to-address-possible-inconsistencies/

Any news on this so called nexgram venture to property in Fiji? LOL LOL LOL

http://www.bursacommunity.com/t22326-nexgram-ventures-into-property-development-in-fiji

Another fictitious project from yours truly: Tey Por Yee and Ooi Kock Aun.

Prior to it demise, the management of PT Inovisi also made numerous announcement on such and such projects or this and that acquisitions, which now we know it fictitious LOL LOL...

Ooo..and blessed are your eyes because they see and your ears because they hear. The heart of the people here has become dull. With their ears they scarcely hear and they have closed their eyes, otherwise with their heart, eyes and ears they will understand that ne
26/03/2016 13:34

Posted by diuckpmak > 2016-03-26 15:52 | Report Abuse

Kenny chong go crazy already. Show off all lies as crime material he spread around. Real bodoh. Lol lol lol

Posted by diuckpmak > 2016-03-26 15:52 | Report Abuse

Here goes his father's big bribery crime.

diuckpmak So here he goes again dug his father billion dollar bribery up from his grave. Lol lol lol
Protasco office. Papa chong ket pen to son kenny chong ther nen:
"I got something to tell you. First you are not my son of origin. You have more siblings outside. Don't ask me why. Second, dad had siphoned billions of dollars and took some of the bribery money. That is how i gets money to buy protasco shares. The masters found out and is after me, the authority is after me. It's true son, our foreign country passport ready is not for fun. Now is time. We have to run to A (Africa). Third, I hide the criminal record with H. He knows nothing but the truth of all those years of records os safe with him. We cannot run away. Put blame and do all crime instigate on the two scapegoat does buy us some time and made them look bad but compared to ours, it's gigantic. When ours shoots up, it's 10 times worst. Never admit the bribery although I did not tell you. They will show you all the records and proofs, just deny. When time comes dad will take all blame. You run away, the money siphoned out there, you run and never come back. Here is the key, the book and list of people you shall contact when sheet shoot to roof. Billion dollars son, we should have taken more, but dad can't. Protasco will goes down when bubble burst. Before that dad is siphoning money to buy all shares whatever cost. Be it 3 ringgit, son. Bad will cheat and rob to get you out. "

Posted by diuckpmak > 2016-03-26 15:53 | Report Abuse

No matter where kenny spread until moon, still cannot cover up his father chong ket pen criminal facts. Lol lol lol

Posted by diuckpmak > 2016-03-26 15:55 | Report Abuse

Recap, chong cannot cover up. Here his son kenny dug him up. Enjoy! Lol lol lol

Forgot. Just to remind. Chong ket pen cheated investors when he induce them to invest and signed an agreement but hide away did not inform protasco board. Chong ket pen later lied further by signing an SD.

Chong ket pen breaches satutory and fiduciary duties.
Chong cheated protasco.
Chong cheated investors.
Chong induced and caused protasco the losses.
Chong cover up by way of flying letters is abuse of public resources.
Chong ket pen and son chong ther nen are set for minimum 30 years each in mental disorder criminal rehabilitation program.

Posted by diuckpmak > 2016-03-26 15:57 | Report Abuse

Now kenny can go back diu his mother so m his gaderner can do ckp mother. Lol lol lol

Posted by TeyPuki > 2016-03-26 15:57 | Report Abuse

At age seven, tey por hee was already showing signs of what he was destined to be: a thief and a liar. Ten sen, twenty sen, fifty sen…all would disappear “mysteriously” from his families drawers, savings and piggy banks. Later, bigger sums would go missing, from his father’s wallet to his mother’s purse. Tey would be placed at the scene of the crime but he always had an excuse or story to wriggle his way out of the situation.

For a while his parents believed him. Until he got caught red-handed one day. Then, his father had no choice but to punish him. If we hoped that would beat some sense and decency into him, we were sadly mistaken.

He took his bad habits with him to school. Already skilled at telling lies and manipulating people, he began cheating his classmates. The sums ranged from a few ringgit to hundreds of ringgit. The figures may seem small to some, but for a young schoolboy, the sum is enormous. As usual, his long-suffering father had to clear his debts and try to redress the damage done to his victims.

At age sixteen, Tey por yee had to audacity to go to his uncle’s house to borrow money. He said he needed RM2,000.00 because his father was sick and desperately needed the money for an operation. Believing his lies totally, the uncle gave it to him. His family never lived down the humiliation when the truth came out.

Since young, he has always been obsessed with money. Even when he had a lot of it, it was never enough. He wanted more and more. Never mind if it was obtained in a deceitful manner, just as long as he got what he wanted. It only goes to show that he is not only a pathological liar, but a pathological thief as well. With hundreds of millions already stashed away in private bank accounts, more than he can ever spend in ten lifetimes, he still remains greedy for more. So greedy that he is willing to lie, cheat and steal to achieve his end.

Posted by TeyPuki > 2016-03-26 15:58 | Report Abuse

By Meena Lakshana / theedgemarkets.com | March 15, 2016 : 4:05 PM MYT

KUALA LUMPUR (March 15): Nexgram Holdings Bhd confirmed today that its joint venture with Asdion Bhd with regard to a mixed development project has hit a snag, because the Sepang Municipal Council (MPS) has rejected the development order (DO) for the project.

To recap, Asdion had inked a joint venture agreement with Top Valley Properties Sdn Bhd on Feb 12, 2015 to participate in the development of the project known as Selangor Project.

Asdion paid RM6 million to Top Valley to be used solely towards settlement of the purchase consideration of the parcel of leasehold agricultural Malay reserve land, and will entitle the company to share expected economic benefits and profits arising from the development and sale of the Selangor Project with Top Valley.

On Dec 22 2014, Top Valley had entered into an off-take agreement with Nexgram Land Sdn Bhd and MyAngkasa Bina Sdn Bhd, whereby MyAngaksa would buy the project from Top Valley and Nexgram Land (as developer) for RM297.4 million.

In a filing with Bursa Malaysia today, Nexgram said it had received a letter from Top Valley on March 8, disclosing that MPS had rejected the DO.

"Nexgram Land was informed that in view of the failure in obtaining the DO on time, the landowner of the Selangor Project has terminated the sales and purchase agreement with Top Valley," the filig read.

"Top Valley is currently in the midst of exploring all possible viable options, including sourcing of an alternative suitable land, while continuing negotiation with the land owner for resubmission of the DO.

"The company will make the necessary announcement on further development of the matter, in due course," it added.

Yesterday, Asdion also announced via a filing to Bursa Malaysia that based on a letter received from Top Valley on March 8 as well, Top Valley is in the process of re-negotiating terms and timelines for new DO submission.

The Selangor Project, comprising three tower blocks with a total of 659 units of service apartments and 10 units of commercial and retails hops, was to be developed on a 2.154ha piece of agricultural leasehold Malay reserve land in Kg. Limau Manis, Dengkil in the Sepang district, with the lease period expiring on Feb 3, 2104.

Asdion had said it was venturing into the project as a means to diversify its earnings base and reduce its dependence on its existing business of software development, as well as information communication technology and related services.

The deal is a related party transaction, as Tey Por Yee is a common major shareholder of both Nexgram and Asdion (with direct interests of 11.52% and 22.01% respectively), while See Poh Yee is a common director of both companies.

Posted by diuckpmak > 2016-03-26 15:59 | Report Abuse

You see kenny chong no brain dug his father billion dollar bribery up, it actually cannot cover the huge hole ckp created. This is not ckp first hole.

Posted by diuckpmak > 2016-03-26 15:59 | Report Abuse

Opps.

Posted by diuckpmak > 2016-03-26 16:00 | Report Abuse

Here goes.

Posted by TeyPuki > 2016-03-26 16:00 | Report Abuse

LOL LOL LOL........Tey been dragging this counter since his trial is started.

Ooii....pumpkin, speaking of bribery:

Speaking of bribery, tey and ooi paid dirty lawyer to bribe indonesian police to bring charges against one of his nominee on ground of perjury. Idr 1billion went to a high rank officer and another idr 1billion goes to falsify forensics report to incriminate this nominee.

Despite paying off cops idr 2billion but tey and ooi efforts are in vain. In fact when this nominee lost his patient, he decided to make his counter attack and use the considerable resources, power and influences he have to teach tey and ooi a lesson of the danger in poking a sleeping lion. In fact, tey and ooi not only woken up the lion but the whole pride as well.

Not only tey and ooi's vicious attack is repelled, but inovisi, the once mighty stronghold of tey and ooi was destroyed to bits. It counter is suspended by indonesian sc; it office is raided by indonesian police and the public notary who made it possible for tey and ooi to establish many fictitious empty shell company is detained by the police. In the end, inovisi closed it business, and it managemen which all are tey and ooi's nominees went hiding into their rat hole LOL LOL LOL LOL

After the destruction of inovisi, jan adam tangkilisan and dedi francis contacted this former nominee to seek for truce and ask for a meeting. During the d-day, dedi francis who always bragged and acted like a hongkong triad chicken out and ran away from the scene when he saw the said nominee was protected by two indonesian special forces (kopassus). Jan adam followed suit after he was notified by dedi francis.

True story LOL LOL LOL LOL LOL..

Posted by diuckpmak > 2016-03-26 16:00 | Report Abuse

Kenny chong ther nen cover up again. Lol lol lol

Posted by diuckpmak > 2016-03-26 16:00 | Report Abuse

Here you are.

Posted by diuckpmak > 2016-03-26 16:01 | Report Abuse

Gives him a hand, push his father up to jail.

Posted by diuckpmak > 2016-03-26 16:01 | Report Abuse

Syok.


Forgot. Just to remind. Chong ket pen cheated investors when he induce them to invest and signed an agreement but hide away did not inform protasco board. Chong ket pen later lied further by signing an SD.

Chong ket pen breaches satutory and fiduciary duties.
Chong cheated protasco.
Chong cheated investors.
Chong induced and caused protasco the losses.
Chong cover up by way of flying letters is abuse of public resources.
Chong ket pen and son chong ther nen are set for minimum 30 years each in mental disorder criminal rehabilitation program.

Posted by diuckpmak > 2016-03-26 16:01 | Report Abuse

Simple and clear.

Posted by diuckpmak > 2016-03-26 16:03 | Report Abuse

Ckp and son kenny chong ther nen had been siphoning bribery money. He afraid his pld bosses found out.

Posted by TeyPuki > 2016-03-26 16:03 | Report Abuse

Yeah....and lookie here...On Feb 2, 2016, the Indonesian SC decided to extend the suspension of PT Inovisi's counter citing their failure to submit audited annual report to the SC LOL LOL

http://redaksi.co.id/47427/otoritas-bursa-lanjutkan-suspensi-4-saham.html

The management of PT Inovisi would not be able to produce such report as currently they went hiding like the slimey mice they are LOL LOL

Inovisi also failed to pay the annual listing fee:

http://economy.okezone.com/read/2016/03/24/278/1344702/bei-perpanjang-suspensi-7-emiten-nakal

Can't pay rent and can't pay annual fee? that is the fate of nexgram. Believe that LOL LOL

Speaking of which....anyone got the update on Nexgram's special committee report on Gold Dynamic and PT STAR? No news? Obviously since both are fictitious company owned by Tey Por Yee and Ooi Kock Aun...

http://www.thestar.com.my/business/business-news/2016/01/22/nexgram-sets-up-special-committee-to-address-possible-inconsistencies/

Any news on this so called nexgram venture to property in Fiji? LOL LOL LOL

http://www.bursacommunity.com/t22326-nexgram-ventures-into-property-development-in-fiji

Another fictitious project from yours truly: Tey Por Yee and Ooi Kock Aun.

Prior to it demise, the management of PT Inovisi also made numerous announcement on such and such projects or this and that acquisitions, which now we know it fictitious LOL LOL...

Ooo..and blessed are your eyes because they see and your ears because they hear. The heart of the people here has become dull. With their ears they scarcely hear and they have closed their eyes, otherwise with their heart, eyes and ears they will understand that.

Posted by TeyPuki > 2016-03-26 16:04 | Report Abuse

At age seven, tey por hee was already showing signs of what he was destined to be: a thief and a liar. Ten sen, twenty sen, fifty sen…all would disappear “mysteriously” from his families drawers, savings and piggy banks. Later, bigger sums would go missing, from his father’s wallet to his mother’s purse. Tey would be placed at the scene of the crime but he always had an excuse or story to wriggle his way out of the situation.

For a while his parents believed him. Until he got caught red-handed one day. Then, his father had no choice but to punish him. If we hoped that would beat some sense and decency into him, we were sadly mistaken.

He took his bad habits with him to school. Already skilled at telling lies and manipulating people, he began cheating his classmates. The sums ranged from a few ringgit to hundreds of ringgit. The figures may seem small to some, but for a young schoolboy, the sum is enormous. As usual, his long-suffering father had to clear his debts and try to redress the damage done to his victims.

At age sixteen, Tey por yee had to audacity to go to his uncle’s house to borrow money. He said he needed RM2,000.00 because his father was sick and desperately needed the money for an operation. Believing his lies totally, the uncle gave it to him. His family never lived down the humiliation when the truth came out.

Since young, he has always been obsessed with money. Even when he had a lot of it, it was never enough. He wanted more and more. Never mind if it was obtained in a deceitful manner, just as long as he got what he wanted. It only goes to show that he is not only a pathological liar, but a pathological thief as well. With hundreds of millions already stashed away in private bank accounts, more than he can ever spend in ten lifetimes, he still remains greedy for more. So greedy that he is willing to lie, cheat and steal to achieve his end.

Posted by TeyPuki > 2016-03-26 16:04 | Report Abuse

Tey Por Yee and Ooi Kock Aun were also notorious for not paying their rentals, to the point that their landlords had to threaten legal action and resort to cutting off the utilities to get what was owed to them.

Worse off were their suppliers, of whom many had to suffer the bitterness of bankruptcy because tey and ooi refused to pay them their dues. Tragically, one of them even committed suicide because of bad debts, courtesy of Dato’ Tey Por Yee and Dato' Ooi Kock Aun.

This was not the only blood on his hands. He used a friend, Dedi Francis from Indonesia, to stand as a nominee for Tey and Ooi. When the loyal Dedi pressed for payment on company debts to incurred by Tey and Ooi's manipulative schemes, he was given the runaround. Time finally ran out for Dedi. Desperate, with his back to the wall and creditors all around him, Dedi almost took his own life but was able to be brought to hospital by his family on time.

Posted by TeyPuki > 2016-03-26 16:05 | Report Abuse

Looks like tey trying to hide his assets should the court finds him guilty LOL LOL LOL...

KUALA LUMPUR: Businessman Datuk Tey Por Yee has sold his entire 24.82% shareholding in Asdion Bhd through off-market trade, while transferring his shareholding in Ire-Tex Corp Bhd to his younger brother Por Chen.

In a filing with Bursa Malaysia, Asdion said Por Yee made the disposal of the 24.82 million shares in the company in an off-market transaction on Feb 25, but did not disclose the transacted price.

Last Friday, The Edge Financial Daily reported that Asdion saw the same number of shares traded off market at 27 sen, a sharp discount of 38.64% over the then-closing price of 44 sen.

In a separate filing yesterday, Ire-Tex disclosed that Por Chen emerged as a substantial shareholder through an off-market acquisition of 30.6 million shares, equivalent to a 22.96% stake, in the corrugated packaging services provider on Feb 24 as well.

Por Yee, 40, was formerly the non-executive director of construction and property group Protasco Bhd. On Jan 16, he claimed trial at the Ampang Sessions Court to two charges of cheating and perjury involving RM68 million.

Posted by TeyPuki > 2016-03-26 16:05 | Report Abuse

One "old story"

So tey and ooi got a beef with a powerful malay politician. And at the same time tey and ooi treated their employee badly....so one time the security employed by tey and ooi was contacted by the people of this politician who were seeking dirt on tey and ooi. Coincidentally the security know the exact time and date of the next money withdrawal of tey and ooi's company, so he notifying this to tey and ooi's enemy which then robbed tey and ooi's money in broad day light LOL LOL LOL LOL

Tey and ooi failed to realize the dire of their situation. At the time being, a group of shady individuals are watching their every move including their wives and childrens LOL LOL LOL

Posted by diuckpmak > 2016-03-26 16:05 | Report Abuse

Opps.

Forgot. Just to remind. Chong ket pen cheated investors when he induce them to invest and signed an agreement but hide away did not inform protasco board. Chong ket pen later lied further by signing an SD.

Chong ket pen breaches satutory and fiduciary duties.
Chong cheated protasco.
Chong cheated investors.
Chong induced and caused protasco the losses.
Chong cover up by way of flying letters is abuse of public resources.
Chong ket pen and son chong ther nen are set for minimum 30 years each in mental disorder criminal rehabilitation program.

Posted by TeyPuki > 2016-03-26 16:06 | Report Abuse

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.

The court fixed Feb 26 for mention.

Posted by diuckpmak > 2016-03-26 16:06 | Report Abuse

Kenny chong and chong ket pen criminal father and son. Jail they go!

Posted by TeyPuki > 2016-03-26 16:07 | Report Abuse

So much anger....how to achieve transcendental awareness and happiness?

Let me assist you in understanding Godynamic Investment Ltd- GIL a BVI (British Virgin Islands) an offshore company.

As rightly pointed out GIL is and has always been an integral part of Nexgram (51% owned) since inception and perhaps packaged in for Nexnation's listing on Mesdaq back in 2004.To all effects and purposes TPY is the CEO and/or COO.GIL is also the vehicle for most of TPY's forays in Indon.

So the question that goes a begging is any transaction between GIL and/or Nexgram are Related party Transactions that TPY should NOT forget to mention.

The accounts for GIL be it at company or group should be very clear to TPY;he cannot be excused from making such elementary mistakes OR now he is laying blame on the auditor,CFO or accountant.So the statements to Bursa for one to be true the other has to be false.
That is a facepalm and contemptuous to Bursa.

When GIL makes such purchases or sales,are the monies equitably apportioned(51% cost and profits)

Those are questions shareholders should pose to TPY

hmmm ...why rant when I am assisting you???

DRwarrant: you are right FD would actually yield a better rate of return,whether taken from 2004 or 2014.

bye!!, gotta play wei chi with Kong Ming ......

Posted by diuckpmak > 2016-03-26 16:14 | Report Abuse

Opps kenny chong ther nen angry. Wash wash his father crime. Lol lol lol

Posted by diuckpmak > 2016-03-26 16:16 | Report Abuse

Forgot. Just to remind. Chong ket pen cheated investors when he induce them to invest and signed an agreement but hide away did not inform protasco board. Chong ket pen later lied further by signing an SD.

Chong ket pen breaches satutory and fiduciary duties.
Chong cheated protasco.
Chong cheated investors.
Chong induced and caused protasco the losses.
Chong cover up by way of flying letters is abuse of public resources.
Chong ket pen and son chong ther nen are set for minimum 30 years each in mental disorder criminal rehabilitation program.

Posted by diuckpmak > 2016-03-26 16:17 | Report Abuse

crime.

diuckpmak So here he goes again dug his father billion dollar bribery up from his grave. Lol lol lol
Protasco office. Papa chong ket pen to son kenny chong ther nen:
"I got something to tell you. First you are not my son of origin. You have more siblings outside. Don't ask me why. Second, dad had siphoned billions of dollars and took some of the bribery money. That is how i gets money to buy protasco shares. The masters found out and is after me, the authority is after me. It's true son, our foreign country passport ready is not for fun. Now is time. We have to run to A (Africa). Third, I hide the criminal record with H. He knows nothing but the truth of all those years of records os safe with him. We cannot run away. Put blame and do all crime instigate on the two scapegoat does buy us some time and made them look bad but compared to ours, it's gigantic. When ours shoots up, it's 10 times worst. Never admit the bribery although I did not tell you. They will show you all the records and proofs, just deny. When time comes dad will take all blame. You run away, the money siphoned out there, you run and never come back. Here is the key, the book and list of people you shall contact when sheet shoot to roof. Billion dollars son, we should have taken more, but dad can't. Protasco will goes down when bubble burst. Before that dad is siphoning money to buy all shares whatever cost. Be it 3 ringgit, son. Bad will cheat and rob to get you out. "