PROTASCO BHD

KLSE (MYR): PRTASCO (5070)

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Last Price

0.36

Today's Change

-0.015 (4.00%)

Day's Change

0.35 - 0.385

Trading Volume

3,021,200


16 people like this.

5,875 comment(s). Last comment by Dehcomic01 1 day ago

Posted by LisaChongTherNeh > 2016-01-23 23:54 | Report Abuse

this psycho will cost his father heart attack.

Posted by LisaChongTherNeh > 2016-01-23 23:54 | Report Abuse

protaso will bring down by him for defamation

Posted by LisaChongTherNeh > 2016-01-23 23:57 | Report Abuse

chong ket pen magician made hundreds of millions missing

Posted by LisaChongTherNeh > 2016-01-23 23:58 | Report Abuse

chong ket pen funds ISIS. radar read this, Protaso declares state of islam.

Posted by LisaChongTherNeh > 2016-01-24 00:02 | Report Abuse

chong ket pen says "the ISIS fund how to take out. construction money siphon and pay the islamic terrorist action. Use protaso as base"

Abu Bakr al-Baghdadi "just siphon 80 million enough, 20 million you keep to cover up the mouth. 10 years we siphon together, you so rich you must take out."

Posted by LisaChongTherNeh > 2016-01-24 00:03 | Report Abuse

Islamic State of Iraq and the Levant, also known as ISIS or Daesh, an Islamic extremist group in western Iraq, Libya, northeast Nigeria, and Syria, is using protaso as base in Asia.

Posted by LisaChongTherNeh > 2016-01-24 00:04 | Report Abuse

Malaysia nabs 4 ISIS suspects, including 'one planning mass killing in protasco office".

ssboy

1,315 posts

Posted by ssboy > 2016-01-24 07:25 | Report Abuse

Prtasco babkrupt bcoz this lan jiao lang alicetey.....down down down...cheating money counter...

Posted by FilmDirector > 2016-01-24 13:54 | Report Abuse

Remind of the simple facts chong ket pen tried to hide. After so long he set up and put a blame the fact still same. Here is way back simple facts chong until now still trying to fool himself his lies.
http://anotherbrickinwall.blogspot.my/2014/11/why-spend-rm97-million-to-cheat-company.html?m=1

Posted by FilmDirector > 2016-01-24 13:57 | Report Abuse

No matter how bad he tried to paint his victims, his own wrong doing of non disclosure of his interest and tied to cover up using the board, entire board is implicated. Thats a small cover up turns big cover up! No wonder so much hollywood to discredit his victims. Facts remain.

ssboy

1,315 posts

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

Prtasco price will further drop until company delisted,bcoz of his anak angkat alicetey pu ki.....

alicetey

802 posts

Posted by alicetey > 2016-01-24 21:02 | 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.

ssboy

1,315 posts

Posted by ssboy > 2016-01-24 21:25 | Report Abuse

Prtasco bankrupt ....bankrupt bcos cheating money ....

Posted by AmStupid82 > 2016-01-24 23:52 | Report Abuse

oh. so deska? Totally confused. So all chong trying to say is he is stupid. All the spam shows even more stupid. Tey and Ooi so good deska keep their consultant, maid and girl friends well. Thumbs up. rocky rocky rock rock rock. No, you can't get it. Full stop. LOL LOL LOL

Posted by AmStupid82 > 2016-01-24 23:56 | Report Abuse

here's thief https://www.google.com/#q=chong+ket+pen+thief

Posted by AmStupid82 > 2016-01-24 23:56 | Report Abuse

Stupid deska? Talk up talk down, talk back, talk front. Thief in the middle!

Posted by braindrain > 2016-01-25 01:47 | Report Abuse

this counter cheated many investors. what i read is the chong guy complains why the car seller buy low sell high he not syok, and the car he bangs the wall himself, he asks seller to pay. he order and check, even if he dislike, he no mouth to ask replacement? what people sees is actual problem is he did not register the car license plate. others are just excuses.

more strangely he got no mouth to ask seller if really got problem. something wrong with his mouth or brain? normal human brain cannot understand this part.

car he tests drive and checks and pays and he drives. the car is the subject. others are all bulls.

ssboy is correct. potasco ran by people like this kind of brain is dangerous. avoid.

Posted by FilmDirector > 2016-01-25 08:49 | Report Abuse

How is moon today? Can eat?

Posted by FilmDirector > 2016-01-25 08:50 | Report Abuse

The lamb is broken change one from workshop

Posted by FilmDirector > 2016-01-25 08:50 | Report Abuse

That van just rang

Posted by FilmDirector > 2016-01-25 08:50 | Report Abuse

His eggs just kiss the grass

Posted by FilmDirector > 2016-01-25 08:52 | Report Abuse

Crap taste like bicycle!

Eddieyeo

31 posts

Posted by Eddieyeo > 2016-01-25 21:46 | Report Abuse

Bursa and SC knows what chong of protasco is doing. They are not stupid. Money siphon to play wintoni. Bribe police and send flying letters to kill investors. His own sheet is as thick as mountain. Those few he bribe are being mark. Chong brings down protasco and leave enemies. How far he can pull this off before out of hand. Don't need firm director, the end and future doesn't look going anywhere but disastrous.

CrookLier

31 posts

Posted by CrookLier > 2016-01-26 08:16 | Report Abuse

Creative a bit. Kenny chong went indonesia safari found maids and drivers. Slept with them. Cannot find the big boys spam here and there. This is the future protasco ceo? LOLOLOL

CrookLier

31 posts

Posted by CrookLier > 2016-01-26 08:46 | Report Abuse

Chong ther nen went indonesia safari saw lion tiger and croc eat protasco alive. Kenny chong is marked. There is no future for protasco.

Posted by NewKennyChong > 2016-01-27 11:09 | Report Abuse

Keny chong is braim koyak. Protasco money all gone. Sure collapse.

Posted by NewKennyChong > 2016-01-27 11:35 | Report Abuse

Some big investors shall just buy off the company clean up the father and son, save business save company.

Posted by NewKennyChong > 2016-01-27 11:36 | Report Abuse

Small investors don't see future for a company operate by chong and son madness.

BadFaith

19 posts

Posted by BadFaith > 2016-01-28 08:41 | Report Abuse

The company is heading dead end when money is spent for ceo personal interest - killing his partner. If this is what investors are getting, there is no future. Someone should knock the board wake up.

Tey por yee use money to buy protasco shares and help appoint chong ket pen as ceo. If chong ket pen really finds oil assets not good why he did not ask tey por yee? The action is wrong and strange and selfish. A commercial mistake chong just wants to cover up and puts a blame making tey por yee and ooi kock aun scapegoat. But why? Because he wants to eat them?

Chong ket pen own mistakes is very big, such as rm40million lost in Libya. He himself cpver up and did not surrender himself to police etc. http://www.focusmalaysia.my/ArticleDetail.aspx?ArticleId=1224

Shall investors sue him and ask him payback every cent?

He also made many mistakes in other oversea projects such as hainan island, also paid hundreds of millions undertable money from protasco to contractors.

Shall chong ket pen repay back all these mistakes in hundreds of millions?

The dubious action has gone too far and malaysia system is for hired. The death of country could be reflected from a simple engineer abusing it to the extreme.

GODinvest

377 posts

Posted by GODinvest > 2016-01-28 17:33 | Report Abuse

Blind also know tpy and oka cheat company money la , stupid tpy and oka hire idiot guy post idiot comment , tpy idiot oka stupid , idiot plus stupid 。

Posted by braindrain > 2016-01-28 17:53 | Report Abuse

who cheated who, whoever sits on company is the cheater of all cheater. tiny minion brain can only see chong ket pen sits and abuse company money. no brain also can see.

alicetey

802 posts

Posted by alicetey > 2016-01-28 18:24 | Report Abuse

1. Yep, as far as protasco and it board are concerned, they only aware that they are being cheated and lies to by tey por yee and ooi KOCK aun after two years.

2. Who want to buy a tissue paper that ownership is being disputed by two parties. That goes with shares ownership as well. Even pertamina, an indonesian national oil company, who had cooperation with pt haseba sacrificed the relationship because of the ownership dispute, so why should a foreign entity like protasco want a piece of that rotten apple? Are you crazy or delusional tey?

3. Due dilligence only verified facts based on papers tey and you know it well so you and adrian did not put your name as the owner of pt asu and pt asi. Right tey?

4. Due dilligence only check whether pt asu et all is being sued in civil and criminal courts and arbitration. So protasco would not aware that you stole pt fas from benny tjokro and herman koswara since the case is investigated as a criminal case in the police level (not yet enter the court). Right tey?

5. Of couse the oil is real, what is not real is that protasco would be able to tap into that oil reserves given pertamina refused to extend the contract with haseba, reasoning the current ownership dispute.

6. The contract between tey and dato chong is already notified to protasco's board. So unlike you and ooi who clearly made and signed a false statement in your statutory declaration, at no time dato chong perjured himself as he had carried out his statutory and fiduciary duties to the best of their abilities, again unlike you and ooi. Right tey? LOL LOL LOL

7. Should you go to sungai wang to bought a phone. Would you come back for replacement if you then aware the phone was a stolen product? A perfectly sane person would not, and instead they will file police report against that store. Are you on acid tey? LOL LOL

To sum up: not only you and ooi forged documents, breached your fiduciary duty, but you also perjured yourselves and selling stolen products to protasco tey.

LOL LOL LOL

914601117

541 posts

Posted by 914601117 > 2016-01-28 18:45 | Report Abuse

Stop talking and start click sell!!

BadFaith

19 posts

Posted by BadFaith > 2016-01-28 19:48 | Report Abuse

Finally kenny chong apread his lies here. On story his father tells. Good.
He admit he is brain problem and can cover up his non disclosure to board after 2 years. Then he found the handphone was stolen? How? Because he concluded that way to reason out for himself. Still, the cover up remains.

BadFaith

19 posts

Posted by BadFaith > 2016-01-28 19:49 | Report Abuse

Company run by this kind of brain is sad. Be satan bless the son well. Distance.

TeyPuki

629 posts

Posted by TeyPuki > 2016-01-28 20:57 |

Post removed.Why?

Posted by Otakudang > 2016-01-29 00:14 | Report Abuse

Otak kosong really think people wants to spend money help his father and cheat him. If want to cheat him already kick his father out from day one. Ungrateful nevermind wants to eat his partner. Sad illness.

GODinvest

377 posts

Posted by GODinvest > 2016-01-29 00:22 | Report Abuse

Sohai Teypuki ooi puki keep open new acc。tpy and oka are so malu , waiting eat kari rice la ,all people look down you two

Posted by anotherKennyChong > 2016-01-29 00:53 | Report Abuse

Let's give the two a hand. Yet another kenny chong, son of chong ket pen. Son of cheater and lier is still cheater and lier. Nothing change despite talk so much.

Posted by anotherKennyChong > 2016-01-29 00:59 | Report Abuse

Posses the company he stolen yet accuse people cheat. Lame. What kind of monster is this? Poison his son so much. Hopeless. Protasco is doom.

TeyPuki

629 posts

Posted by TeyPuki > 2016-01-29 07:25 | Report Abuse

Tey por yee and ooi kock aun are poor man's soh chee wen LOL LOL LOL

Tey Por Yee is the illegitimate son of a kept women. And Ooi Kock Aun kept an indon maid as his play thing. The two vipers are match made in hell LOL LOL LOL

TeyPuki

629 posts

Posted by TeyPuki > 2016-01-29 09:10 | Report Abuse

With a friend along, Tey Por Yee went to purchase a coffin for his late father. At the shop, he said that he didn’t have any money with him, could his friend pay for the coffin first, then later Tey will pay him back. Long after the funeral, everybody were shocked and speechless to discover he had not paid his friend back yet. He knowingly let his poor father be buried in a borrowed coffin.

Posted by ChongHolly > 2016-01-29 10:21 | Report Abuse

LOLOLOL. Kenny Chong and father chong gets it all right. Tey and ooi are terrorist and they started isis. Set bomb everywhere.

Posted by ChongHolly > 2016-01-29 10:22 | Report Abuse

They recruit kenny chong good person to bomb here. Kenny is innocent he is just follow terrorist order. LOLOLOL

Posted by ChongHolly > 2016-01-29 10:29 | Report Abuse

Kenny mother must be so proud.

914601117

541 posts

Posted by 914601117 > 2016-01-29 17:14 | Report Abuse

Stop all nonsense and biggest losers are the minority shareholders!!!!

TeyPuki

629 posts

Posted by TeyPuki > 2016-01-30 07:56 | Report Abuse

As a male with "kock" as his middle name, adrian ooi kock aun surely been bullied in his entire formative year right? I mean, kids will be kids but they can be very mean.

Is this the reason that ooi kock aun had become a monster whose feel no remorse for all the thousand of victims he cheated all his career?

TeyPuki

629 posts

Posted by TeyPuki > 2016-01-30 07:57 | Report Abuse

I can imagine how he was called by his friends: ooooiiii, kock, come here cock...why the long face kock? LOL LOL LOL

TeyPuki

629 posts

Posted by TeyPuki > 2016-01-30 08:08 | 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 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.

TeyPuki

629 posts

Posted by TeyPuki > 2016-01-30 19:05 | Report Abuse

I just remember one thing. In their defense as can be seen in all blogs created by tey por yee or ooi kock aun, they affirmed that they and/or their nominees are the owners of the oil and gas project in indonesia right? The stupidity of tey and ooi strikes again.

The following are what they affirmed in their statutory declarations:
- pt asu is not a party related to them.
- none of the directors of pt asu or it ultimate shareholders is a party related to them under the company act.
- they are not aware of any matter which require the transaction to be approved by the shareholders of protasco.

Now, since tey and ooi already admitted that the directors; and commisioners of pt asu/pt asi/pt fas/pt haseba are nominees of tey and ooi then they have perjured themselves.

Tey and ooi also already admitted that they are the owners of the project which mean they are the ultimate shareholders of pt asu etc, this means they lied when signing the sd and that is the crime of perjury.

LOL LOL LOL LOL

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