MYEG黄天顺 持4上市公司股权 MYEG's Wong Thean Soon owns 4 listed companies' stakes

 

Wong Thean Soon ('黄天顺') is a graduate from the National University of Singapore with a Bachelor Degree in Electrical Engineering and has accumulated more than 20 years of experience in the ICT industry with his involvement in designing, implementing and maintenance of communication applications on the Internet in various technology companies, both local and abroad.

He commenced his career in the ICT industry in 1995 with Cybersource Pte Ltd, Singapore as co-founder and Executive Director of the company. During his tenure there, he oversaw the development of PictureMail, an integrated graphical e-mail package, which was licenced to Sony, among others. He was also in charge of developing and marketing an additional product, the Global Messaging System, which was licensed to paging operators in the Asian region including EasyCall International of Australia and Lenso Paging of Thailand. 

He subsequently founded Tecnochannel Technologies Sdn Bhd in 1997 and formed marketing and manufacturing partnerships with a range of MNCs to develop and market Internet devices, where such devices were successfully marketed in China. He successfully listed Tecnochannel Technologies Sdn Bhd on the American Exchange via the holding company known as MyWeb Inc.com in 1999.

He resigned from the Chief Executive Officer position at Tecnochannel Technologies Sdn Bhd in 2000 and co-founded MYEG Group in the same year. He was one of the pioneering members of MYEG Group and has been instrumental in establishing and managing the operations of MYEG Group. He is currently the Group Managing Director of MY E.G. Services Berhad, a company listed on Bursa Malaysia Securities Bhd. He also sits on the board of several private limited companies.

Recently, Wong had emerged as a substantial shareholder in Widetech when he purchased 4.17 million shares or a 9.33% stake on May 12, 2021 in an off-market deal.

He is deemed interest in 1.32 million shares or 2.96% stake via Asia Internet Holdings Sdn Bhd.

Currently, he holds a stake in 4 listed companies in Bursa Malaysia: Excel Force MSC Berhad (EFORCE), Heitech Padu Berhad (HTPADU), MY E.G. Services Berhad (MYEG) & Widetech (Malaysia) Berhad (WIDETEC). He owns shares in these companies indirectly through Asia Internet Holdings Sdn Bhd.

Below is the information regarding his shareholdings in listed entities mentioned above:

14.690% CUSCAPI(0051) as at 06 Oct 2022

32.961% EFORCE(0065) as at 28 Jul 2022

29.592% MYEG(0138) as at 19 Dec 2022

32.030% MYTECH(7692) as at 30 Jun 2022

ANCOMNY萧家伟 持3上市公司股权 ANCOMNY's Dato' Siew Ka Wei owns 3 listed companies' stakes

 

安康（ANCOM, 4758）宣布暂停交易，大股东兼执行主席拿督萧家伟再成注目，在进行重大企业行动前，萧家伟於过去数个月在公开市场积极吸购自家股票，重新崛起成为最大股东。

截至四月二十二日为止，萧家伟共持有安康21.714%股权，包括直接持有12.177%和间接持有9.537%。

萧家伟持有的股权，已超过另一名大股东太平洋东方（P&O, 6009），根据安康年报资料。太平洋东方持有安康14.64%股权。

太平洋东方是一家普通保险公司。

它在安康的投资属於＂静态投资＂，多年来从安康获得可观股息收益。

太平洋东方在一九九五年就於大马交易所主要交易板公司上市，是一家老牌上市公司，除了保险业务，这家公司近年的投资项目很广，投资的领域包括借贷丶科技IT 丶金融软件丶网络保安等。

除了安康之外，萧家伟也掌控安康物流（ANCOMLB, 0048）和耐力士（NYLEX，4944）。

他拥有安康物流的961,268股或相当于0.203%的直接股权，以及161,784,500股或相当于34.183%的间接股权。他同时也拥有耐力士的3,540,406股或相当于1.975%的直接股权，以及96,394,241股或相当于53.765%的间接股权。

萧家伟持股:

33.971% ANCOMLB(0048) as at 30 Aug 2022 22.667% ANCOMNY(4758) as at 19 Dec 2022 44.100% NYLEX(4944) as at 30 Aug 2022

UCREST吴家义掌控2上市公司 UCREST's Eg Kah Yee controls 2 listed companies

 

Eg Kah Yee, a Malaysian, male, aged 61, is the founder, chairman / managing director of UCrest Berhad (UCREST). He was appointed to the Board on 7 May 1998. 

UCREST is a technology provider company which engages in network design, product development, and software development. The firm provides a solution for broadband, wireless and networking products, and services. The company provides technical services to customers such as Telco, ISP, broadband operators, hotel operators, property developers, enterprises and wireless hotspot operators. The groups are engaged in projects related to networks, security systems, and the Internet of Things (IoT) Cloud software application areas. Majority of the revenue comes from the sale of the Internet of Things (IoT) Cloud hardware platform. The company makes its major revenue from Sales of Goods segment and has operations in Russia, Malaysia, and Singapore.

UCREST formerly known as Palette Multimedia Berhad (PALETTE). The former took over the listing status of the latter on 6 December 2017.

Currently, he also sits on the board of Key ASIC Berhad (KEYASIC) and various private limited companies. He was appointed to the board of directors of KEYASIC as a non-independent non-executive chairman on 15 June 2006. He was redesignated as the chief executive officer on 30 October 2014. 

His younger brother, Eg Kaa Chee, also sit on the board of the company as non-independent non-executive director.

Currently, Eg Kah Yee shareholdings:

24.023% KEYASIC(0143) as at 01 Sep 2022

14.676% UCREST(0005) as at 01 Sep 2022

MARCO陈华春 持6上市公司股权 MARCO's Tan Sri Robert Tan Hua Choon owns 6 listed companies' stakes

 

TAN Sri Robert Tan Hua Choon, the chairman and non-executive director of Marco Holdings Bhd. is widely known as the “Casio King” — he is the first and only distributor in the country of the brand’s watches and calculators. But many would not know that the elusive tycoon once went door to door persuading retailers to sell his products.

Marco distributes Casio watches, calculators, digital cameras and musical instruments — imported from Japan — in Malaysia. Tan is the single largest shareholder with 25.64% equity interest.

His history with the Casio brand goes back to 1970.

According to him, Marco’s business relationship with the Tokyo-based Casio Computer Co Ltd is built on trust and faith, and not a fixed contract with a stipulated timeframe.

Marco’s management team still visits Casio regularly and both sides remain in constant communication.

When Tan started selling Casio watches and calculators 51 years ago, nobody had much confidence in Japanese products. The Japanese cars brougt into the country earlier were even jokingly referred to as “Milo cans”.

Fortunately, he managed to pique the public’s interest and get them interested in Casio watches as digital timepieces were not very common in those days.

As for the perception issue, Japanese products became known for their quality instead of being objects of derision. Japanese cars won fans gradually for their quality and reliability and were no longer mocked as being “Milo cans”.

Tan acknowledges that there are many players in the market who want to get hold of the Casio distributorship, but he is confident Marco is more than capable of defending its turf.

But even if a competitor gets the distributorship, he points out that it would be difficult to build as strong a network as Marco’s. Today, the company has a nationwide distributorship network comprising about 2,300 dealers.

On future trends, Tan believes watches are not likely to be replaced by smartwatches as they are a fashion item and not worn just to keep time.

Low-profile Tan Sri Robert Tan Hua Choon is a self-made tycoon who has been involved in a wide range of businesses, including manufacturing, marketing, banking, shipping, property development and trading.

Apart from being known as the “Casio king,” he is also called the small cap king because of the substantial stakes he has built up in small listed companies, including Marco Holdings Bhd (MARCO), Jasa Kita Bhd (JASKITA), JKG Land Bhd (JKGLAND), FCW Holdings Bhd (FCW) and Computer Forms (M) Bhd (CFM).

He is currently the chairman of all these companies except for Computer Forms.

Tan, 80, came to the fore in 2009 when he undertook a surprise takeover of sanitary waremaker GBH, buying out the founding Goh family after a fierce shareholder tussle. He then sold his controlling stake to Datuk Seri Edwin Tan Pei Seng and his younger brother Datuk Seri Godwin Tan Pei Poh in September 2017, and the company renamed to Paragon Globe Bhd (PGLOBE) in April 2018. He still owns a 18,332,600 shares or 9.821%% stake in the company.

The seasoned businessman was back in the limelight seven years ago when he exited Malaysia Aica Bhd (Maica) and PDZ Holdings Bhd.

In early 2014, he sold his entire stake in Maica to Tan Sri Ter Leong Yap for RM33.39 million, paving the way for the wood product manufacturer to become a property developer, now known as Sunsuria Bhd (SUNSURIA).

Subsequently, Tan exited PDZ in April 2014, with Pelaburan MARA Bhd emerging as a substantial shareholder in the shipping agency and vessel operator.

Today, Tan still has 25.64% equity interest in Marco (distributor of Casio products), 40.33% in Jasa Kita (distributor of premium industrial tools), 30.61% in FCW (wholesaler of cosmetics, toiletries and pharmaceutical products).

He also has a 15.41% stake in property firm JKG Land, formerly known as Keladi Maju Bhd. The company has been involved in property development for more than three decades, building mainly residential units, offices and light industrial factories.

Tan surfaced October 2016 in Computer Forms as a substantial shareholder with a 64.969% stake. The company prints and distributes computer, stock and specialised forms.

26 August 2020, Tan sold his stake in GPA to GALAXY COAST VENTURES LIMITED and soon renamed to Joe Holdings Bhd (JOE).

shareholdings:

11.1500% FCW(2755) as at 20 Sep 2022

40.3300% JASKITA(8648) as at 18 Jul 2022

25.5800% JKGLAND(6769) as at 10 May 2022

00.4446% JOE(7096) as at 30 Jun 2022

25.6400% MARCO(3514) as at 01 Apr 2022

09.8210% PGLOBE(3611) as at 04 Jul 2022

updated 20 December 2022.

温有能掌控逾40家上市公司？ Kenneth Vun Yun Lun owns over 40 listed entities?

ASTUTE market observers would have noticed on the local bourse a group of individuals, supposedly acting in concert, who have amassed shares in more than 20 publicly traded companies. These companies — linked via shareholding and directorships — are often on the most actively traded list, with huge, fluctuating share prices.

However, a research indicates that while other businessmen have surfaced, the individual said to be in control of the group of companies is not officially onboard or present as a shareholder.

It is also telling that nine of the 21 companies mentioned — AT Systemization Bhd, MLabs Systems Bhd, Focus Dynamics Group Bhd, mTouche Technology Bhd, Fintec Global Bhd, XOX Bhd, M3Technologies (Asia) Bhd and NetX Holdings Bhd — have their principal place of business, head office, business office or corporate office in Menara Lien Hoe, near Tropicana Golf Country Resort in Petaling Jaya. On its website, Lambo Group Bhd states that its address is at Menara Lien Hoe, even though the address in its annual report is in Old Klang Road in Kuala Lumpur.

In 2006, Lien Hoe Corp Bhd sold Lien Hoe Tower Sdn Bhd, which owns Menara Lien Hoe, to privately held E-Globalfocus Sdn Bhd for RM1 and the assumption of RM43 million in debts.

Meanwhile, E-Globalfocus was 68%-controlled by Cubes Innovative Sdn Bhd, a company 99%-controlled by Chuah Hock Soon. Chuah and businessman Kenneth Vun @ Vun Yun Lun were charged with four others in July 2014 for allegedly manipulating DVM Technology Bhd shares in March 2006.

Kenneth Vun (from left to right) with friends: Morvin Tan, Dion Tan & Benson Tay.

Vun has had several issues with the Securities Commission Malaysia and, in 2009, had to restitute RM2.496 million — being the amount of company funds that he had caused to be misused for his personal benefit, according to the regulator — to his then flagship FTEC Resources Bhd.

Since FTEC — which morphed into Tecasia Bhd and later Mangotone Bhd — was delisted, Vun has had little direct presence in the market. However, Vun’s two sisters, Carol Vun On Nei and Grace Vun Siaw Nei, hold stakes of 3.64% and 0.67% respectively in Xidelang Holdings Ltd.

While Fintec Global seems to be a prominent company at the centre of the maze, its shareholding is fragmented, with several blocks of shares parked under Sanston Financial Group Ltd. In several of the 21 companies on the list, Sanston Financial is present in the shareholding list.

Other companies that surface as shareholders in these list of companies include Global Prime Partners Ltd and Cita Realiti Sdn Bhd, a private company wholly-owned by one Kamarudin Khalil.

Other shareholders, albeit usually holding small stakes, among the 21 companies include Dato’ Sri Dr Jacky Pang Chow Huat — who, apart from a 11.84% stake in Sanichi Technology Bhd — has small stakes in DGB Asia Bhd, Focus Dynamics, MNC Wireless Bhd and Xidelang. Pang is also a director in Sanichi Technology.

Meanwhile, businessman Mak Siew Wei has 23.4% in AT Systemization, 17.07% in Green Ocean Corp Bhd and small stakes in Focus Dynamics and Xidelang. He is also a director at AT Systemization, Green Ocean and Saudee Group Bhd.

Datuk Eddie Chai Woon Chet recently acquired a 62.37% stake in restaurant operator Oversea Enterprise Bhd, and has a 6.71% shareholding in Anzo Holdings Bhd, where he is managing director and has a board position in M3 Technologies (Asia). Another name frequently seen is Datuk Kua Khai Shyuan, who, besides a 5.9% stake in mTouche Technology, has small shareholdings in Focus Dynamics, PDZ Holdings Bhd and Sanichi Technology, and has board seats on Trive Property Bhd, DGB Asia and MNC Wireless.

Former Umno treasurer and former Bank Simpanan Nasional Bhd chairman Datuk Abdul Azim Mohd Zabidi surfaces as a director in four of the companies — Fintec Global, DGB Asia, Anzo and XOX.

It is also noteworthy that companies such as Water Beaute World Bhd and WBW Global Sdn Bhd, have 1.02% and 0.42% respectively in Trive Property. These two companies were involved in get-rich-quick and fake online investment schemes.

Both these companies were reported in the past to have stakes in XOX, while WBW Global also had a substantial stake in Anzo Holdings.

stocks linked with Kenneth Vun updated @ 22 December 2022 (total 41):

AIM(0122)

ANZO(9342)

AT(0072)

BCMALL(0187)

CHEETAH(7209)

DGB(0152)

DOLPHIN(5265)

FINTEC(0150)

FOCUS(0116)

GIIB(7192)

GOCEAN(0074)

ICON(5255)

KANGER(0170)

KGROUP(0036)

KOMARK(7017)

LAMBO(0018)

LKL(0182)

MLAB(0085)

MNC(0103)

MTOUCHE(0092)

MTRONIC(0043)

NETX(0020)

OVERSEA(0153)

PDZ(6254)

PERDANA(7108)

PERMAJU(7080)

PNEPCB(6637)

PUC(0007)

SANICHI(0133)

SAUDEE(5157)

SEACERA(7073)

SINARAN(5172)

SMTRACK(0169)

TFP(0145)

TRIVE(0118)

VSOLAR(0066)

WAJA(0102)

XDL(5156)

XOX(0165)

XOXNET(0140)

XOXTECH(0017)

权威财经周刊THE EDGE报导揭露，执法当局在数个星期前，突袭及盘查雪州丽阳高球俱乐部一带的联和大（MENARA LIEN HOE）数家公司，取走文件，以调查数名特定人士参与操纵大马交易所仙股案件。

THE EDGE报导说，执法当局是接获投报，指国内一个由数个神秘人物控制的集团，控制高达60家上市公司，并通过种种手段，操纵股价，更以各种财技手法，从上市公司吸资金或资产。

报导说，调查焦点集中於一名四十岁左右神秘企业家，该名人士通过代理控制大量上市公司，但是却没有一间上市公司和他有直接关系。

THE EDGE制作一个图表，列出和这名神秘企业家有关的数十家上市公司，大多数由SANSTON FINANCIAL GROUP控制，这家公司是由香港SANSTON持有，根据这家公司官网显示，它是持有香港牌照的证券行。

THE EDGE在报导中引述一些部落格撰文指出，该名男子控仙股的规模和手法，堪称是另一个＂苏启文＂，市场上有关该名人士操控多家上市公司的传言，流传多个月。

根据了解，有两个执法单位，即反贪污委员会和内陆税收局参与有关执法行动，突袭联和大厦，但是证券监督委员会并没有在行动中。

THE EDGE也引述消息说，国家银行正在紧密观察该集团的动向。

该集团控制的40家上市公司中，有11家办事处设在联和大厦，包括宜鼎（AT）、MLABS、富科斯（FOCUS）、万科科技（MTOUCHE）、FINTEC环球（FINTEC）、XOX说（XOX）、M3科技（M3TECH）、NETX控股（NETX），LAMBO集团（LAMBO），K集团（KGROUP），威能（VSOLAR）等。

 

The new John Soh of Malaysia Kenneth Vun’s stock rigging scheme the last nail on his own coffin? How SC / PDRM / MACC / Singapore MAS / Hong Kong Securities and Futures Commission probed, remanded, charged and confiscated Kenneth Vun Yun Lun + Mak Siew Wei RM2 billion stock rigging Syndication?

Without Prejudice

The information and evidence are 100% based on “actual”, “publicly available”, authentic facts and figures”, provided by MALACCA SECURITIES SDN BHD, CGS-CIMB SECURITIES (HONG KONG) LIMITED (through CGS-CIMB SECURITIES SDN BHD), AFFIN HWANG NOMINEES (ASING) SDN BHD, ALLIANCE INVESTMENT BANK BERHAD, PUBLIC INVESTMENT BANK BERHAD, M & A NOMINEE (ASING) SDN BHD, and UOBM NOMINEES (ASING) SDN BHD, on the alleged mastermind or “Syndicates” led by one Kenneth Vun Yun Lun (OKT 1) and one Mak Siew Wei (OKT 2) for “investigation study purposes only”, and shall not form any trading or personal consumption recommendation, except “synopsis of case study based on evidence investigated” which is in the process of evidence building pending relevant authorities verifications. You can verify with relevant authorities for each and every information prepared by officers alleged to investigate for suspected on-going criminal probe and Interpol money laundering reporting purposes.

Suspected Up Coming Headlines

1

Who is John Soh?

2013/2017 : Soh faces 188 charges, while his alleged girlfriend Quah faces 178 charges as his fellow mastermind.

Who is Kenneth Vun?

2021/2025 : Vun faces 188 charges, while his alleged girlfriend Mak faces 178 charges as his fellow mastermind? (charge sheet synopsis)

Refers :

https://www.theedgemarkets.com/article/john-soh-remains-under-remand

https://www.straitstimes.com/business/companies-markets/john-soh-and-quah-su-ling-fail-in-bid-to-stay-criminal-trial-for-their

2

Duo fail in bid to stay criminal trial for their role in 2013 penny stock crash

 

John Soh Chee Wen (left) and Quah Su-Ling have failed in their bid to stay criminal proceedings against them.

Duo fail in bid to stay criminal trial for their role in 2021 penny stock crash rigging?

Kenneth Vun Yun Lun (left) and Mak Siew Wei have failed in their bid to stay criminal proceedings against them ? (charge sheet synopsis)

3

John Soh could face longest-ever jail term for financial crime in Singapore

https://www.theedgemarkets.com/article/john-soh-could-face-longest-ever-jail-term-financial-crime-singapore

Kenneth Vun could face longest-ever jail term for financial crime in Singapore Malaysia?

Guess how long the duo would be sentenced behind bar if prosecuted?

4

Hong Kong police, stock regulator freeze HK$900 million, arrest 12 in joint crackdown on ‘ramp and dump’ investment scam

“ Hong Kong police, stock regulator freeze HK$900 million, arrest 12 in joint crackdown on ‘ramp and dump’ investment scam” 3 March 2021

The first-ever joint operation saw 27 locations raided by more than 160 law enforcers and staff from the Securities and Futures Commission

Well-known investment advisers were impersonated in some instances as victims were encouraged to buy various stocks to inflate their prices

https://www.scmp.com/news/hong-kong/law-and-crime/article/3124205/hong-kong-police-stock-regulator-freeze-hk900-million

Malaysia Hong Kong police, stock regulator freeze RMHK$900 million, arrest 12 in joint crackdown on ‘ramp and dump’ investment scam

Besides Bursa Malaysia, Securities Commission, other agencies in the task force includes MACC, PDRM, Singapore MAS, and also Hong Kong Stock Exchange for a large network of cross-border marketing rigging and money laundering network suspected led by the “Syndicates”. Refers to Hong Kong success case on securities fraud study above. (case synopsis)

The first-ever joint operation saw 27 locations raided by more than 160 law enforcers and staff from the Securities and Futures Commission

Well-known investment advisers were impersonated in some instances as victims were encouraged to buy various stocks to inflate their prices

2021 The Trigger

Asdion Bhd’s existing business exercises

2 Feb 2021 Asdion submitted Debt Settlement by way of ICPS to “Bursa Malaysia” as per 11 Jan 2021 announcement

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3126249

9 Feb 2021 Asdion submitted Private Place listing to “Bursa Malaysia” as 132D shareholders approved (2020)

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3128044

22 Feb 2021 Syndicates submitted nomination of 3 directors to Asdion Bhd board. https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3130743

10 Mar 2021 Asdion Bhd’s AGM. 92.2% voted for the existing board and all resolutions, representing approx 48% Asdion Bhd’s existing shareholders by paid up.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3137459

11 Mar 2011 Asdion Bhd received Mercury Securities on behalf of AT Engineering Solution Sdn Bhd (subsidiary of AT Systematization Bhd) for a VOLUNTARY TAKE-OVER OFFER (VGO), where AT Bhd is holding “no shares” (to avoid MGO)

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3138034

Evidence Trail (open case):

Until 26 Mar 2021 (since 2 Feb 2021 and 9 Feb 2021), “Bursa Malaysia” have not replied to Asdion Bhd on both “existing business exercises”, which shall not form any consideration before Securities Commission approved the malicious VGO; moreover Asdion Bhd’s Private Placement already received shareholders approvals twice in 2020 and 2021 including recent AGM votes on new 132D private placement rights. The abnormal prolonged of “Bursa Malaysia” is facilitating, if not, caused by Syndicates camouflage to collude in ill-intended suspected crime, buying time for Syndicates to use malicious VGO to induce shareholders to “sell shares above RM0.50” in order to collect more shares, while “suspiciously” expedite the issuance of AT Systematization Bhd’s papers (ESOS) to finance the scheme, is outrageous public listed company rigging and looting. Asdion Bhd public shareholders shall seek Securities Commission clearance and investigation into “certain officers” in Bursa Malaysia on such suspected ill-intention and collusion.

Up coming AT Bhd’s ESOS EGM, (alleged to “finance” malicious VGO of Asdion Bhd):

 

12 March 2021 “Bursa Malaysia (indentified staff) trail:

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=112654&name=EA_GA_ATTACHMENTS

19 March 2021 “AT Bhd’s ESOS “(CBT) ill-intention, approved by “Bursa Malaysia (indentified staff)”

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3140614https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=206553&name=EA_DS_ATTACHMENTS

26 March 2021 “AT Bhd’s ESOS circular approved by “Bursa Malaysia (indentified staff)”

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3142398

Evidence Trail (case evidence concluded):

Within 12 March 2021 and 19 March 2021 (7 days) further on 26 Mar 2021 (7 days) “Bursa Malaysia” have approved and expedited AT Bhd’s “scheme” before Securities Commission public notice of VGO approval, is seriously “misled, (Bursa) being used, intentionally or unintentionally” to collude with the Syndicates.

Despite Syndicates unable to show votes in 10 March 2021 Asdion Bhd’s AGM, until Securities Commission publicly approved AT Bhd’s VGO, “Bursa Malaysia” is suppressing Asdion Bhd existing shareholders rights for debt settlement and Private Placement, causing business time loses and opportunity cost.

The Probe X April 2021, XX April 2021, etc?

Prosecution Judgement Summary ” (Mak Siew Wei = Kenneth Vun Yun Lun) Pump Cash to AT Bhd ESOS for “papers”, siphon out AT Bhd Cash buying (Kenneth Vun Yun Lun’s) 50 nominees accounts holding shares of Asdion Bhd ” ?

2021 The Nail to Coffin

Asdion Bhd (nominee) shares “entry”, “landing” path and money “trail”

Authorities (identified staffs), Law Enforcer, Collusion to cause monatory losses and harm for illegal monatory gain

Abuse of authorities (BURSA MALAYSIA) causing loses and harm to Public Listed Company; (a) Not imminent VGO; (b) abuse VGO to confuse and surpress Asdion Bhd Private Placement and business; (c) abuse AT Bhd 30% ESOS for SC yet to approved VGO ahead of Asdion Bhd’s legitimate existing exercises.

Criminal CBT

Money Laundering

Parties Acting In Concert

Related Parties Transaction (RPT)

Insider Trading (Melacca Securities + 50 nominees)

Breach of Take Over Code (a) avoiding MGO, camouflage thru VGO; (b) VGO at RM0.50 avoiding MGO price at highest “churned” price RM0.80 (colluded with Mercury Securities, one Denis Lim)

False trading and market rigging transaction [s. 84 of the SIA]

Stock market manipulation [s.85 of the SIA]

 

Synopsis: OKT 1, OKT 2 (Orang Kena Tuduh) Skema Operasi John Soh 2

Charge Sheet Appendix:

The investigation is refers to findings of investor whistleblower:

https://klse.i3investor.com/servlets/forum/800000078.jsp

AT Bhd Kenneth Vun and Mak Siew Wei goreng. Hide behind Sanston Financial Group Limited. 

Sanston Financial Group Limited cross 5% Asdion Bhd breach substantial no declare, acting in concert with nominees 40% shares. 

SC check, Sanston Financial Group Limited transfer shares to LAZARUS CORPORATE FINANCE PTY LTD.  

SANSTON FINANCIAL (> 33% AT Bhd) VGO SANSTON FINANCIAL (> 33% Asdion Bhd)  

Obvious KV VGO KV, what voluntary offer? Obviously related party transaction hide in disguised.  

KV usual nominees from KV goreng stocks Fintech, Mtouche, Seacera.

LAI YEE VOON  (OKT 3)

PIONG YON WEE 

QUEK YONG WAH 

LAI YEE LING 

ONG KIAN HUAT 

CHEE CHIEW KIN 

NG JOO BAY 

PANG KIA FATT 

TIU KEE GUAN 

WEE KOK CHUAN 

QUEK SOON TIANG 

TAN YOKE CHEONG + 40 others

Split (camouflage) back up KONG KOK KEONG (OKT 4)

THE Edge Tracking given to BURSA and SC, wait for nominees share movement (churning) and snap (the suspects and accounts) one whole basket.  

AT Bhd 30% ESOS money need a place to wash and siphon out to Syndicates personal pocket. GUESS WHERE IT WILL GO?

Kenneth Vun AT Bhd CBT on Asdion Bhd shares Case

√ SC / PDRM / MACC / Singapore MAS probed, remanded, charged and confiscated the new John Soh of Malaysia Kenneth Vun Yun Lun + Mak Siew Wei?

AT Bhd EGM for share paper printing to same syndicates for 1.2 billion AT Bhd ESOS shares, colluded with Bursa staff, to loot market investors funds and siphon out through 50 nominees accounts holding Asdion Bhd shares.

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=206553&name=EA_DS_ATTACHMENTS

” AT Bhd Kenneth Vun and Mak Siew Wei goreng. Hide behind Sanston Financial Group Limited. 

Sanston Financial Group Limited cross 5% Asdion Bhd breach substantial no declare, acting in concert with nominees 40% shares. 

SC check, Sanston Financial Group Limited transfer shares to LAZARUS CORPORATE FINANCE PTY LTD. 

SANSTON FINANCIAL (> 33% AT Bhd) VGO SANSTON FINANCIAL (> 33% Asdion Bhd) 

Obvious KV VGO KV, what voluntary offer? Obviously related party transaction hide in disguised. “

Kenneth Vun Yun Lun, SC summon and reprimand

https://www.sc.com.my/api/documentms/download.ashx?id=bb8f078a-424d-4814-a587-eb37fd848e5f

False trading and market rigging transaction [s. 84 of the SIA] Stock market manipulation [s.85 of the SIA] Kenneth Vun @ Vun Yun Liun Teng Choo Teik Simon Ling Siang Hock Lye Pei Ling On 22 July 2014, the SC filed a civil suit against the 7 defendants. The SC is seeking, among others: A declaration that the defendants engaged in false trading and market rigging transactions in respect of DVM shares from 14 March 2006 until 21 March 2006;

√ Send your AMLA updates of nominees money trail. AMLA and confiscate shares and bank accounts should include:

Bursa staff, Ex SC staff, Kenneth Vun Yun Lun, Mak Siew Wei, AT Systematization Berhad, Seacera Group Bhd, Focus Dynamics Bhd, XOX Bhd, Lambo Group Bhd, Fintec Global Bhd, Key Alliance Group Bhd, Vsolar Group Bhd, Saudee Group BHD

Green Ocean Corp BHD, 20 others related parties chain listings. 

” SC check, Sanston Financial Group Limited transfer shares to LAZARUS CORPORATE FINANCE PTY LTD. “

In foreign nominee account, is no difference from:

” Meanwhile, E-Globalfocus was 68%-controlled by Cubes Innovative Sdn Bhd, a company 99%-controlled by Chuah Hock Soon. Chuah and businessman Datuk Kenneth Vun @ Vun Yun Lun were charged with four others in July 2014 for allegedly manipulating DVM Technology Bhd shares in March 2006.

Vun has had several issues with the Securities Commission Malaysia and, in 2009, had to restitute RM2.496 million — being the amount of company funds that he had caused to be misused for his personal benefit, according to the regulator — to his then flagship FTEC Resources Bhd” 

Read The Edge investigation trail report: 

https://www.theedgemarkets.com/article/special-report-hidden-hands-behind-penny-stock-surge

 

Refers from The Edge :

Special Report: Hidden hands behind penny stock surge

√  Mastemind Kenneth Vun Yun Lun, Mak Siew Wei, Malaysia authorities shall use Interpol in Hong Kong and Singapore, especially Singapore. Very fast. Nobody gets away. 

https://eservices.mas.gov.sg/consumerfeedback/

√ Nominees and acting in concert trail. 

Asdion Bhd disclosure:

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=111915&name=EA_GA_ATTACHMENTS

Acting parties in concerts:

Lai Yee Voon (case 721013-13- 5378 xxx)

Zulkarnin Bin Ariffin (case 730201-08- 5819 xxx)

Leow Way Seng (case 820426-08- 5085 xxx)

Ling Chin Hoong (case 830917-08- 5337 xxx)

Lai Yee Voon is Mak Siew Wei cohort, representing Kenneth Vun Yun Lun.

London Biscuits Bhd 24 Dec 2019 ” In a Bursa Malaysia filing, the confectionery manufacturer said it last Friday received a letter from shareholders Lai Yee Voon, Mak Siew Wei and Koo Kien Yoon stating that they were calling for the EGM to remove independent and non-executive director Mahadir and executive director Tan from the group’s board. The trio are also pushing for Mazlan Mohamad, Mak and Koo to be appointed directors. “

https://www.theedgemarkets.com/article/three-london-biscuits-shareholders-seek-egm-remove-two-directors-0

Seacera Bhd ROD: LAI YEE VOON (8,366,600 shares) 13th largest shareholder.

Meridian Bhd side job ROD: Lai Yee Voon (13,058,900 shares) No 8 and LAI YEE LING (10,287,100 shares) No 14. Notably in the wanted list of related party ONG KIAN HUAT 10,301,200 shares) held No 13 largest shareholding.

Vsolar Group Bhd 

Click to access Vsolar-AR-2018-Final.pdf

Shareholder nominee : UOBM Nominees (Tempatan) Sdn Bhd

– Exempt An for Sanston Financial Group Limited (9,491,700 shares) 9th largest shareholder and other 35 accounts trail.

Zulkarnin Bin Ariffin (730201-08-5819) nominee

Seacera Bhd reprimanded by Bursa Malaysia for breachof listing requirements.

https://www.theedgemarkets.com/article/seacera-reprimanded-bursa-malaysia-breach-listing-requirements

Fintec Global Berhad (80,100,000 shares) 1st largest shareholder.

Shareholder nominee: M & A NOMINEE (ASING) SDN BHD (320470H)

SANSTON FINANCIAL GROUP LIMITED FOR SFG INVESTMENT LIMITED (18,100,000 shares) 3rd largest shareholder and other 40 accounts trail.

Mak Siew Wei and nominee

Bursa reprimands Nakamichi, fines directors for breaching listing requirements 4 Aug 2017

https://www.theedgemarkets.com/article/bursa-reprimands-nakamichi-fines-directors-breaching-listing-requirements

Executive director Darren Solomon Low Jun Ket, and independent non-executive directors Goh Tai Wai and Mak Siew Wei were fined RM99,200 each, while its chairman See Thoo Chan was fined RM248,000 “

Mak Siew Wei and nominee

Bursa reprimands Scan Associates and fines directors. 02 Apr 2016

https://www.thestar.com.my/business/business-news/2016/04/02/bursa-reprimands-scan-associates-and-fines-directors

Datuk Dr Norbik Bashah Idris, who was then the chief executive officer, and executive director Mak Siew Wei were fined RM150,000 each. Audit committee chairman Major (Rtd) Ismail Ahmad and audit committee member Datuk Nik Ismail Nik Yusoff were fined RM20,000 each, while Datuk Nasri Nasrun, who resigned as director and audit committee chairman on March 13, 2015, was fined RM10,000.

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SC sues Vun, 6 others over DVM Tech shares – The Star 23 Jul 2014

PETALING JAYA: The Securities Commission (SC) has taken enforcement action against Kenneth Vun (pic) and six others for creating a false market in the trading of DVM Technology Bhd shares over a one-week period in March 2006.

https://www.sc.com.my/regulation/enforcement/actions/civil-actions-and-regulatory-settlements/civil-action-in-2007

 

https://www.sc.com.my/regulation/enforcement/actions/civil-actions-and-regulatory-settlements/civil-action-in-2018

 

 

The SC is seeking a disgorgement of all profits earned by Vun from the DVM share trades and the others, as well as a civil penalty of RM1mil from each of them. The SC is also seeking for the seven to be barred from being directors of public-listed companies and from trading on the stock exchange for a period of five years. 

The 40-something, who hails from Sabah, is also linked to an ongoing boardroom tussle at Harvest Court Industries Bhd.

This is the second time that the SC is instituting an action against Vun. In November 2009, the SC obtained an order from the High Court requiring Vun to make a restitution of RM2.49mil to FTEC Resources Bhd for using a portion of its public issue proceeds for his own benefit.  

The High Court also ordered that Kenneth Vun be further restrained from directly or indirectly managing the funds of FRB and any of the FTEC group of companies. This decision was affirmed by the Court of Appeal in 2011. Vun’s application for leave to appeal to the Federal Court was dismissed in the same year.

Vun was then the major shareholder and managing director of FTEC Resources. Vun resigned from FTEC Resources after the suit and had since then stayed away from the corporate limelight until recently.

In the civil action taken, the SC said in a statement yesterday that “that the defendants had, over a one-week period from March 14, 2006 to March 21, 2006, actively transacted in DVM shares among themselves, causing the price of the shares to artificially rise from 11 sen on March 14, 2006 to a high of 32 sen on March 20, 2006.” 

DVM is an information technology solutions and services provider listed on the ACE Market. 

The market regulator said the defendants’ actions had created a false or misleading appearance of active trading in DVM shares as well as the price of the shares.

“The week-long manipulation resulted in a surge in the volume of DVM shares, to a total of 63 million shares on March 20, 2006, compared to 3.6 million shares one week prior to the manipulation,” the SC said. The regulator added that its investigations revealed that the defendants had never traded in DVM shares prior to the material period. 

Apart from Vun, the six others named in the suit are Teng Choo Teik, Simon Lin Siang Hock, Lye Pei Ling, Chuah Hock Soon, Choong Lay Ti and Gui Boon Huat. It is understood that they were retail investors.

The SC added that the disgorgement of all profits earned by the defendants as a result of the manipulation that it sought was to be used to compensate affected investors. 

“Manipulation threatens market integrity and this continues to be a key focus area at the SC,” SC executive director of enforcement Ahmad Fairuz Zainol Abidin said in the statement. He said this case reflected the regulator’s commitment in addressing market manipulation and reiterated that it was serious in its efforts to bring offenders to book. 

In the case of Harvest Court, Vun’s name has surfaced as supposedly holding more than a 10% stake in the company and being a party linked to Datuk Eddie Chai Woon Chet, who is embroiled in the boardroom tussle with embattled chief executive of Harvest Court, Datuk Raymond Chan. 

Vun had come out to deny claims that he held any shares in Harvest Court, but Chan last week made public a taped conversation that he claimed proved that parties out to oust him controlled more than 33% of the company and were avoiding a mandatory general offer (MGO). In the recorded conversation between Chan and the person he claimed to be Chai, the latter claimed he had 33% or 34% of Harvest Court shares. In the same recording, Chai was also heard saying that Vun had 10% of Harvest Court shares and was supporting him. 

The latest revelation in the control for Harvest Court adds more spice to the boardroom battle between Chan, Chai and Vun, who are incidentally all from Sabah.

Harvest Court’s filings showed that Chai had a 20.95% interest in Harvest Court via his private investment vehicle, Zenith City Investments Ltd.

The controversy has thrust the spotlight on Vun because he does not appear to hold any shares in Harvest Court based on announcements.

Based on listing requirements, shareholders with more than 5% of a company should disclose their interest.

Chai denied last month allegations that he and his associates had a controlling stake in the company, and that he had told Chan that Vun owned 10% of Harvest Court. To back up his denial, Chai, on June 30, served a legal suit against Harvest Court and its six directors, including Chan. But on July 11, Chan filed a suit against Zenith, Chai and 32 others for their failure to make an MGO to the company’s shareholders. 

Vun, a familiar name to most stockbrokers, shot into the corporate limelight when he was in his 30s. Using funds from selling his shares in his flagship company, FTEC Resources, he had, at one time, held stakes in as many as five listed companies.

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According to the evidence quoted by The Edge newspaper:

“It is also telling that nine of the 21 companies mentioned — AT Systemization Bhd, MLabs Systems Bhd, Focus Dynamics Group Bhd, mTouche Technology Bhd, Fintec Global Bhd, XOX Bhd, M3Technologies (Asia) Bhd and NetX Holdings Bhd — have their principal place of business, head office, business office or corporate office in Menara Lien Hoe, near Tropicana Golf Country Resort in Petaling Jaya. On its website, Lambo Group Bhd states that its address is at Menara Lien Hoe, even though the address in its annual report is in Old Klang Road in Kuala Lumpur.”

According to the evidence the Syndicates date of purchase of Asdion Bhd shares:

On approx. 15 Jan 2021, one CGS-CIMB SECURITIES (HONG KONG) LIMITED (through CGS-CIMB SECURITIES SDN BHD) held 14,582,900 shares (11.48%) (suspect1), NOMURA PB NOMINEES LTD (through DEUTSCHE BANK (MALAYSIA) BERHAD) held 8,813,000 shares (6.93%) (suspect2), SANSTON FINANCIAL GROUP LIMITED(through AFFIN HWANG NOMINEES (ASING) SDN BHD) held 6,000,000 shares (4.72%) (suspect3), and one KONG KOK KEONG (through ALLIANCE INVESTMENT BANK BERHAD) held 2,604,800 shares (2.04%) (suspect4), combined over 25.02% of Asdion Bhd issued shares.  Notably suspect1 and suspect2 had not announced to Asdion Bhd board nor Bursa Malaysia for respective shareholding position in Asdion Bhd exceed 5% substantial shareholding. (refers to bundle xx exhibit column xx).

KONG KOK KEONG is also a shareholder of SANICHI and Metronic, while SANSTON FINANCIAL GROUP LIMITED and the Syndicates shareholders also held shares in Mtouche, Fintec, Seacera, Focus, Lambo, and Xox, in conjunction to The Edge newspaper evidence of parties related to one MAK SIEW WEI, or suspected “ultimate Beneficial” one KENNETH VUN YUN LIUN. (attached bundle 30 Sep 2020).

On approx. 5 Feb 2021, one CGS-CIMB SECURITIES (HONG KONG) LIMITED (through CGS-CIMB SECURITIES SDN BHD) held 14,582,900 shares (11.48%) (suspect1), NOMURA PB NOMINEES LTD (through DEUTSCHE BANK (MALAYSIA) BERHAD) held 8,813,000 shares (6.93%) (suspect2), transferred shareholdings to LAI YEE VOON , PIONG YON WEE, QUEK YONG WAH, LAI YEE LING, ONG KIAN HUAT, CHEE CHIEW KIN, NG JOO BAY, PANG KIA FATT, TIU KEE GUAN, LAI YEE LING, WEE KOK CHUAN, QUEK SOON TIANG, TAN YOKE CHEONG, ONG KIAN HUAT, ALLIANCEGROUP NOMINEES (TEMPATAN) SDN BHD, KOW SEE SING, PANG KIA NAM, KEE WEE CHENG, PANG CHAI YIN, CHEN NYOK YEN, TAN YOKE THENG, QUEK YONG WAH, PANG SHYUE TSAIR, CHIA TECK BENG, TOH HUEY PENG, CHEE EILEEN, KOH FU SIN, LIOU KWEE CHIN, TAN YOKE WU, FONG CHOI KHUNG, LOK KENG CHONG, EO KOK WEE, NGUI CHIN HUAY, CHAN SHWU JIUN, LIM LEONG WEI, TIU HSIN CHEUNG, YAP VI YANG, TIEW SIN KIAT, NGEW BEE ENG, and notably one KONG KOK KEONG (suspect4) increased shareholding from 2,604,800 shares (2.04%) to 6,300,000 (4.96%). The churning and transfer of shareholding to the Syndicated “shareholders” above took place and came in at the same time, sharing majority the same brokerage firm (notably MALACCA SECURITIES SDN BHD) and having similar registered address in “Melaka”. (refers to Bundle XX exhibit column XX)

On approx. 15 February 2021, the same Syndicates above further acquired more Asdion Bhd shares leading by LAI YEE VOON (through MALACCA SECURITIES SDN BHD) held 4898500 shares (3.85%), 

PIONG YON WEE (through PUBLIC INVESTMENT BANK BERHAD) held 3155400 shares (2.48%), CHEE CHIEW KIN (through TA SECURITIES HOLDINGS BERHAD) held 1800000 shares (1.41%), NG JOO BAY (through MALACCA SECURITIES SDN BHD) held 1,364,600 shares (1.07%), PANG KIA FATT (through MALACCA SECURITIES SDN BHD) held 1,421,400 (1.11%), LAI YEE LING (through MALACCA SECURITIES SDN BHD) held  1,300,000 shares (1.02%), WEE KOK CHUAN (through MALACCA SECURITIES SDN BHD) held 1,144,100 shares (0.9%), QUEK SOON TIANG (through MALACCA SECURITIES SDN BHD) held  700,000 Shares (0.55%). CHEN NYOK YEN (through TA SECURITIES HOLDINGS BERHAD) held 715,000 shares (0.55%), combined holding over 34.81% of Asdion Bhd shares, suspected exceeded 33% Take Over Code threshold. (Bundle xx).

How Insider Whistle blowers turn witness exposed the money trail?

Who are these nominees under Vun’s shades, the money trail, relationship, stocks held on behalf and instructions avoiding exposed of Insider Trading, Related Party Transaction, Parties Acting in Concert, and most seriously penal code CBT fraudulently induced authorities to cause harm to public listed companies with the abuse of VGO and ESOS.

x April 2021, xx April 2021

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Securities Money Trail Investigation Watch List

(Updated 29 Mar 2021 by Singapore MAS, Hong Kong Securities and Futures Commission, Malaysia Bank Negara, PDRM & Securities Authorities)

Case Study: Largest Securities fraud Syndication in Malaysia. International Securities Fraud, money laundering, stock market insider trading, market rigging, market manipulation in Malaysia.

Related Parties Insider Trading: RM20,000,000,000 (20 billion Ringgit Malaysia)

Subject of Study: Kenneth Vun Yun Lun (mastermind), Mak Siew Wei, Eddie Chai Woon Chet, Roy Ho Yew Kee & others

Num Code  

1 FOCUS                 

2 FINTEC  

3 XOXTECH(M3TECH)

4 GOCEAN                   

5 XOX

6 DGB

7 CHEETAH                       

8 XOXNET(MACPIE)                       

9 SAUDEE                        

10 AT                       

11 PNEPCB                       

12 OVERSEA                       

13 ANZO(HARVEST, delisted)

14 MTOUCHE

15 SANICHI                       

16 MNC                       

17 MTRONIC                       

18 PDZ  

19 KGROUP                    

20 SEACERA  

21 XDL                       

22 LAMBO                     

23 NETX                     

24 TRIVE  

25 BCMALL  

26 LKL                       

27 AIM                     

28 KOMARK   

29 SINARAN(KSTAR)

30 VSOLAR                

31 MLAB                       

32 PUC                       

Special Report: Hidden hands behind penny stock surge

https://www.theedgemarkets.com/article/special-report-hidden-hands-behind-penny-stock-surge

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30 March 2021

This research is based on earlier research paper:

The Syndicates in Malaysia stock market is gaining momentum and out of hand, not only running out of stocks to churn out cash in public listed companies, but went hostile on many new public listed companies, such at latest AT Systematization Bhd (AT Bhd) on Asdion Bhd?

Scoping up new public listed companies shares, hype up Voluntary General Offer (VGO) and later use their cash in existing public listed companies to buy their own shares in other new public listed companies, becomes a flood gate in Bursa Malaysia. Malaysia financial daily The Edge did 3 special coverages on the same “mastermind” pin pointing the problem in the system in September 2020 and recently 2 articles in March 2021.

The questionable abuse of “hostile ruling” by using “investment in other public listed company shares” as proof of fund for such scheme, raise eye brow in the capital market, questioning the out-dated rules and flaws in the regulatory system. If The Edge investigation is true, the Syndicates repeatedly pumping cash to print new shares and subsequently taken out the cash buying related party shares is indeed left unchecked, the get rich quick money game of Bursa Malaysia might create a bigger issue in capital market.

To understand who is behind the scene is not rocket science. Take the crown jewel of the Syndication, the tightly controlled Focus Dynamics Group Bhd largest 30 shareholders list which held 96.367% as of latest Annual Report 2019 for example.

The suspected mastermind early days shield were namely in offshore accounts such as Credit Suisse Group AG (HSBC Nomminee(Asing) Sdn Bhd), UBS Group AG (Citibank Nominee (Asing) Sdn Bhd), split holding under other nominee accounts such as Maybank Kim Eng Securities Pte Ltd, CGS-CIMB Securities (Hong Kong) Limited, Barclays Bank PLC, and, DB (Malaysia) Nominee (Asing) Sdn Bhd– Exempt An for Nomura PB Nominees LTD.

Obviously the related parties are within the list of shareholders in Focus Dynamics Group Bhd, namely “Sanston Financial Group Limited, Lazarus Securities PTY LTD, Carol Vun On Nei, and of cause Mak Siew Wei” just to name a few obvious.

Sanston Financial Group according to Zoom Info Hong Kong authority record is a 9 staff tiny brokerage house with approx US$1 million revenue. The other vehicle Lazarus Securities PTY LTD was the off market transferee from Sanston Financial Group of the Asdion Bhd shares to camouflage the trail that Sanston Financial Group is indeed a major shareholder of AT Bhd, potential in breach of related party transaction. Carol Vun On Nei is the sister of Kenneth Vun Yun Lun, while Mak Siew Wei is the best actor acting in concert with the suspected mastermind.

The RM1 billion move?

The crunch came when the Syndicates cornered and pumped Focus Dynamics Group Bhd shares to ultra-inflated value of RM3 billion (RM3,000,000,000) after series of share issuances, on a share price of RM0.50 and NTA of RM0.0281. Cashing out through “divestment” of 1,605,197,076 shares to FINTEC GLOBAL BERHAD (through Asiabio Capital Sdn. Bhd.). To recap, Fintec Global Bhd did series of share issuance and money pump into FIntec Global Bhd is handsomely taken out through the same modus operandi. As of latest quarterly report, FIntec Global Bhd has RM1.18 billion “Investment in securities” while cash and equivalent stood at RM117 million. How did Fintec Global Bhd shareholders approved a RM1.18 billion “investment” out of RM1.34 billion total equity? The investment decision of Fintec Global Bhd if not knowingly acting in concert with the investee (Focus Dynamics Group Bhd), must be the expert of all experts delivered RM800 million “capital gain” for 31 Dec 2020 results.

The RM3 billion Focus Dynamics Group Bhd “shell” is perfect for not only Fintec Global Bhd but “many other” potential candidates within the Syndication group of companies to cash out?

Obviously the Syndicates need to find more “public listed shares” to feed the greed engine which is out of hand right now.

Bursa Money Game Last Draw?

The latest crunch came into Asdion Bhd when the same “shield” accounts CGS-CIMB Securities (Hong Kong) Limited and DB (Malaysia) Nominee (Asing) Sdn Bhd– Exempt An for Nomura PB Nominees LTD transfer the shares to 50 nominee accounts acting in same pattern and same time, obviously under same instructions, where Sanston FInancial Group transferred the shares to Lazarus Securities PTY LTD. The beneficial owner of these accounts with special interest in “penny stocks” is obviously carrying same list of nominees in all the Syndicated public listed companies. The best actor for the suspected illegal hostile is led by the same “Mak Siew Wei” riding on AT Systematization Bhd raising money from share issuances, with latest modus operandi from ESOS, naming Asdion Bhd questionable VGO as part of potential use of fund. The basket of “investments in securities” becomes perfect excuse to fool Bursa Malaysia and Securities Commission on their loophole to cause harm and damages to other public listed companies in the name of greed.

How far will these nominees acting in concert to avoid Related Party Transaction last? When the 50 nominees (including Ng Joo Bay, Wee Kok Chuan, Ong Kian Huat, shareholding in both Focus Dynamics Group Bhd and Asdion Bhd’s nominee accounts) acted in same pattern, answering to the same mastermind, the authorities are waiting for the act to pull the trigger.

The obvious related (close) parties as shown in Focus Dynamics Group Bhd 30 largest shareholders, pointing to 1 person. If not Kenneth Vun Yun Lun, could it be Carol Vun On Nei?

FOCUS DYNAMICS GROUP BERHAD (582924-P) | ANNUAL REPORT 2019

LIST OF 30 LARGEST SECURITIES ACCOUNT HOLDERS

(WITHOUT AGGREGATING SECURITIES FROM DIFFERENT SECURITIES ACCOUNTS BELONGING TO THE SAME REGISTERED HOLDER)

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=201620&name=EA_DS_ATTACHMENTS

Maybank Securities Nominees (Tempatan) Sdn Bhd– Exempt An for Maybank Kim Eng Securities Pte Ltd (A/C 649063)

M & A Nominee (Asing) Sdn Bhd– Exempt An for Sanston Financial Group Limited (ACCOUNT CLIENT)

UOBM Nominees (Asing) Sdn Bhd– Exempt An for Sanston Financial Group Limited

HSBC Nominees (Asing) Sdn Bhd– Exempt An for Credit Suisse AG (DUB CLT N-TREAT)

CGS-CIMB Nominees (Asing) Sdn Bhd– Exempt An for CGS-CIMB Securities (Hong Kong) Limited (FOREIGN CLIENT)

Cartaban Nominees (Asing) Sdn Bhd– Exempt An for Standard Chartered Bank Singapore (EFGBHK-ASING)

Citigroup Nominees (Asing) Sdn Bhd– UBS AG for Maybank Kim Eng Securities Pte Ltd

Cartaban Nominees (Asing) Sdn Bhd– Barclays Bank PLC (Re Equities)

MIDF Amanah Invesment Nominees (Asing) Sdn Bhd– for Lazarus Securities PTY LTD for Members One Ventures Fund

DB (Malaysia) Nominee (Asing) Sdn Bhd– Exempt An for Nomura PB Nominees LTD

Kenanga Nominees (Tempatan) Sdn Bhd– Pledged Securities Account for Tay Ben Seng, Benson

HSBC Nominees (Asing) Sdn Bhd– Credit Suisse (Hong Kong) Limited

UOB Kay Hian Nominees (Asing) Sdn Bhd– Exempt An For UOB Kay Hian PTE LTD (A/C CLIENTS)

Kenanga Nominees (Tempatan) Sdn Bhd– Pledged Securities Account for Koo Kien Yoon

Kenanga Nominees (Asing) Sdn Bhd– Exempt An for Monex Boom Securities (HK) Limited

DB (Malaysia) Nominee (Asing) Sdn Bhd– Deutsche Bank AG London (DB LN EQ HSE CE)

UOBM Nominees (Tempatan) Sdn Bhd– Exempt An for Sanston Financial Group Limited

JF Apex Nominees (Tempatan) Sdn Bhd– Pledged Securities Account for Kua Khai Shyuan (Margin)

JF Apex Nominees (Tempatan) Sdn Bhd– Pledged Securities Account for Ho Jien Shiung (Margin)

Maybank Nominees (Tempatan) Sdn Bhd– Pledged Securities Account for Carol Vun On Nei

M & A Nominee (Asing) Sdn Bhd– Sanston Financial Group Limited for Galaxy Coast Ventures Limited

CGS-CIMB Nominees (Asing) Sdn Bhd– Exempt An for CGS-CIMB Securities (Singapore) PTE. LTD. (RETAIL CLIENTS)

Citigroup Nominees (Asing) Sdn Bhd– Exempt An for OCBC Securities Private Limited (CLIENT A/C-NR)

Maybank Nominees (Tempatan) Sdn Bhd– Pledged Securities Account for Mak Siew Wei

JF Apex Nominees (Tempatan) Sdn Bhd– Pledged Securities Account for Ng Joo Bay (Margin)

Kretella Asia Limited

Maybank Nominees (Tempatan) Sdn Bhd– Pledged Securities Account for Pang Chow Huat

Affin Hwang Nominees (Tempatan) Sdn Bhd– Pledged Securities Account for Cheng Mun Leong (CHE0525C)

Malacca Equity Nominees (Tempatan) Sdn Bhd– Pledged Securities Account for Wee Kok Chuan

Ong Kian Huat

Securities Manipulation in Malaysia raise concerns

References to The Edge reports.

Special Report: Hidden hands behind penny stock surge | The Edge Markets 

https://www.theedgemarkets.com/article/special-report-hidden-hand

Special Report: Share issuances the new get-rich-quick scheme in town | The Edge Markets https://www.theedgemarkets.com/article/special-report-share-issuances

Special Report: New shares without new business will bring more grief than gain | The Edge Markets https://www.theedgemarkets.com/article/special-report-new-shares

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interestingly, 

Is Kenneth Vun and the Macau Triad Linked to Perikatan Nasional..?

NOTORIOUS market manipulator Kenneth Vun Yun Liun may have decided to place all of his eggs in one basket, namely to support candidates who are Muhyiddin Yassin friendly such as Ahmad Faizal Azumu and Khairy Jamaluddin.

BACK in March READ : Kenneth Vun was spotted in Perikatan Nasional Fund Raiser attended by Muhyiddin Yassin. 

DO note per table at the function cost a minimum RM100,000.

SOON after that in April, Kenneth Vun's business partners which controls XOX Bhd gained control of the state foot ball team. READ : XOX gains control of Perak Football team for RM1.

JUST this month XOX brand ambassador Lee Chong Wei made apparences in Sungai Buloh to help Khairy Jamaluddin. READ : Lee Chong Wei with Khairy Jamaluddin in Sungai Buloh

SO who is Kenneth Vun?  , the 50 year old Kenneth Vun,  has a notorious past,  and his name is taken very seriously by the market,  but never truly accepted by the Apex society,  who look at him as  always the outsider due to  his poor education qualification. READ : Kenneth Vun named in the Edge's special market manipulation report.

refer:

Perikatan Nasional and Vun Yun Liun : What's the Frequency Kenneth?

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> Steve Tan Sik Eek ('陈石义') (refer to blog page: here)

INSAS汤国基 掌控6上市公司 INSAS' Dato' Sri Thong Kok Kee controls 6 listed companies

 

Dato’ Sri Thong Kok Khee is a major shareholder of several listed companies, namely Diversified Gateway Solutions Berhad, Ho Hup Construction Company Berhad, Inari Amertron Berhad, Insas Berhad, Microlink Solutions Berhad, Omesti Berhad & SYF Resources Berhad.

A graduate from the London School of Economics, United Kingdom, Dato’ Sri Thong has worked in the financial services industry from 1979 to 1988. He worked for Standard Chartered Merchant Bank Asia Limited in Singapore from October 1982 to June 1988 and his last held position was Director of its Corporate Finance Division. Dato’ Sri Thong is the Executive Deputy Chairman cum Chief Executive Officer of Insas Berhad. He is also a Non-Independent Non-Executive Director of Inari Amertron Berhad, Omesti Berhad and SYF Resources Berhad.

As at 20 December 2022, Dato’ Sri Thong's shareholdings in listed companies in Bursa Malaysia are listed as below:

27.003% DFX(0131) as at 17 Nov 2022

14.703% HOHUP(5169) as at 31 Mar 2022

14.640% INARI(0166) as at 23 Sep 2022

25.050% INSAS(3379) as at 30 Sep 2022

10.080% OMESTI(9008) as at 30 Jun 2022

08.790% SYF(7082) as at 17 Nov 2022

Meanwhile, Dato’ Sri Thong's flagship company, INSAS, also has a hand of stake in several companies which listed in above:

HOHUP 66,895,250 13.518%

INARI 545,153,575 16.327%

OMESTI 53,859,500 10.12%

SYF 50,015,200 8.399%

While his related company, OMESTI also owns 123,980,793 shares or 51.382% of MICROLN indirectly.

INSAS is the investment holding and management company for the Insas Group.

The Company was incorporated in the Federation of Malaya under the Companies Ordinance 1940-1946 as a private limited company under the original name of Paper Products (Malaya) Ltd on 27 January 1961. The Company was converted to a public company on 24 June 1968 and assumed the name of Paper Products (Malaya) Berhad. On 22 October 1987, the Company assumed its present name. The shares of the Company were listed on the Main Board of the Kuala Lumpur Stock Exchange (now known as Bursa Malaysia Securities Berhad) on 23 June 1969.

The Group's principal businesses include technology, property investment holdings, structured finance, corporate advisory & stock broking, investment holding & trading, car rental & logistics, retailer of high fashion products and operators of F&B outlets.

The issued and paid-up share capital of the Company is RM873,685,641 comprises 693,333,633 ordinary shares and 132,601,268 redeemable preference shares. The audited shareholders' funds of the Group as at 30 June 2018 is RM1.648 billion.

INSAS has several interesting assets:

-M & A Securities

Established since 1963, M&A Securities Sdn Bhd is a stockbroker and corporate finance adviser in Malaysia with extensive experience in securities dealing, corporate finance and investment advisory. M&A Securities is a participating organisation of Bursa Malaysia Securities Berhad, licensed by Securities Commission, Malaysia and a wholly owned subsidiary of INSAS. M&A Securities is also a registered Principal Adviser with the SC and a registered ACE Market sponsor with Bursa Malaysia.

Headquartered in Mid Valley, Kuala Lumpur, M&A Securities is rapidly extending its stockbroking services to their clients through 6 established branch offices covering from the Southern region @ Johor Bahru, the Northern region @ Pulau Pinang & Perak and to the Central region in Kuala Lumpur. All of which to offer clients the best and easy to reach in financial services through a premium tailor-made services as we engaged our clients as personal consultants to guide them to their financial gains.

Furthermore, with strong understanding on the stockbroking, corporate finance and advisory business for more than 5 decades, M&A Securities is strategically positioned in Asia’s leading business and financial markets that fosters trust and innovation towards our clients’ investment management.

-DÔME Café

DÔME Café originates from Perth, Western Australia. The founders envisioned and actualised a dining experience with quality service, speciality food and coffees.

The Melium Group introduced DÔME Café to Malaysians in 1995. 

26 March 2021 Updates:

英莎（INSAS）创办人拿督斯里汤国基是一名低调超级富豪，鲜少接受媒体访问，他通过英莎持有多家上市公司股权，他大多数时候是＂静态投资者＂，最近他在股市也有少少动作，小手买进2家公司股票。

汤国基在三月有分几手买进建筑产业公司和合（HOHUP 5169），最新一次出手是三月廿二日，他以42.5仙价格，买进100,000股和合。

汤国基是和合大股东之一，买进这批股票後，他共持有6694万股13.53%股权。

此外，汤国基也在三月十九日和廿二日，分别买进200,000和100,000股益纳利美昌（INARI 0166）。

他的入手价分别是RM3.28和RM3.25，截至三月廿四日，汤国基共持5亿5054万股或16.49%益纳利。

1 April 2021 Updates:

Software and application developer Omesti Bhd has acquired a total of 4.94 million shares in Microlink Solutions Bhd from the open market for RM9.71 million, or an average RM1.97 per share.

In a bourse filing, Omesti said its wholly owned Omesti Holdings Bhd (OHB) had, between Sept 2, 2020 and March 31, 2021, acquired the shares, which represented 2.05% of Microlink's total number of issued shares.

Following the acquisitions, Omesti now controls 124.91 million Microlink shares, representing 51.77% equity interest in the company, via OHB.

Omesti said the Microlink shares were acquired at prevailing market prices of Microlink shares at the time of acquisitions and were funded through internally-generated funds.

“After having reviewed the investment portfolio of the company, the acquisitions provide an opportunity for Omesti to increase its stake in Microlink to 51.77%,” it said, adding that the expansion is for potential value enhancement.

Microlink is principally engaged in investment holding and provision of research and development on information technology solutions to the financial services industry.

“The board does not envisage any specific risk associated with the acquisitions, apart from the general business and global economic risks faced by Microlink, which are similar to the operational risks that Omesti is already accustomed to, given that Omesti is in the same line of business as Microlink.

“Hence, the board believes that the experience and expertise of its management team will enable the group to mitigate these risks effectively,” it said.

FINTEC陈石义 持4上市公司股权 FINTEC's Steve Tan Sik Eek owns 4 listed companies' stakes

 

Steve Tan Sik Eek is an Executive Director of FINTEC appointed on 20 June 2013. He is the appointed representative of Adamas Finance Asia Limited in FINTEC. He majored in Economics and Political Science from University of Sydney, Australia.

Steve brings with him more than a decade of experience ranging from corporate finance advisory to private equity investments. He was previously a Partner at House of Qin Ltd, a Beijing based private equity firm focused on investing in companies seeking growth funding and pre-IPO capital. Prior to that, Steve was the South East Asia Partner of Value Creation Strategies Sdn. Bhd., a Kuala Lumpur based advisory firm specialising in securing funding from a series of established North America global hedge funds, for companies listed on the regional capital markets.

Steve previously held positions in companies like Devonshire Capital LLC, a boutique investment bank headquartered in Hong Kong as well as in the corporate finance division of RHB Investment Bank.

Other than FINTEC, he is also a Director of DGB Asia Berhad, Mlabs Systems Berhad, NetX Holdings Berhad and XOX Berhad. He also holds the position as the Chairman of the Option Committee of FINTEC. 

As at 19 December 2022, Steve's shareholdings in listed companies in Bursa Malaysia are listed as below:

shareholdings:

0.04% DGB(0152) as at 31 Mar 2022 

0.01% FINTEC(0150) as at 30 Sep 2022

0.05% MLAB(0085) as at 30 Sep 2022

4.79% NETX(0020) as at 15 Mar 2022

HEXTAR王子铭 掌控26上市公司 HEXTAR's Dato' Eddie Ong Choo Meng controls 26 listed companies (2024-01-03 更新 / updated)

 

updated shareholding info as 3 Jan 2024:

03.160% APEX(5088) as at 31 Mar 2023

03.820% CHGP(7187) as at 31 Mar 2023

01.991% CHINHIN(5273) as at 31 Mar 2022

32.056% CSCENIC(7202) as at 15 Jul 2022

02.110% EFRAME(0227) as at 25 Nov 2022

28.462% HEKTAR(5121) as at 06 Dec 2023

34.730% HEXCARE(7803) as at 31 Mar 2022

63.127% HEXIND(0161) as at 14 Apr 2023

67.227% HEXTAR(5151) as at 19 Apr 2023

67.743% HEXTECH(5136) as at 28 Apr 2023

02.334% HTPADU(5028) as at 21 Mar 2023

00.750% INSAS(3379) as at 30 Sep 2022

21.734% KIPREIT(5280) as at 25 Oct 2022

02.570% MIECO(5001) as at 10 Apr 2023

00.912% NCT(0056) as at 31 Mar 2023

03.957% NESTCON(0235) as at 31 Mar 2023

21.129% OPCOM(0035) as at 28 Apr 2023

20.200% PEKAT(0233) as at 31 Mar 2022

10.030% PTRANS(0186) as at 25 Apr 2023

04.132% RL(0219) as at 16 Mar 2022

03.390% SIGN(7246) as at 31 Mar 2023

01.910% SJC(9431) as at 31 Mar 2023

 13.070% SWSCAP(7186) as at 31 Mar 2023

01.130% TANCO(2429) as at 06 Oct 2022

03.970% TELADAN(0230) as at 24 Mar 2023

04.820% YB(5048)as at 30 Sep 2022

news updated 2021-09-14

拿督王子铭收购了KIP产托（KIPREIT,5280）的9.895%股权后，崛起为该集团的大股东。

王子铭是从已故拿督周乐森及KIP产托联合创办人兼非独立执行董事拿督翁国良手中购买股权后，成为该产托的大股东。

根据2021年9月14日的文告，王子铭透过持股90%的Hextar Rubber私人有限公司，在2021年9月9日通过直接商业交易购买了5000万个单位。

王子铭拥有多元化的业务组合，包括手套制造、农用化学品、家具、塑料和工业产品。

《The Edge Malaysia》财经周刊称，王子铭进军零售行业的举动很有趣，因为零售行业正受到疫情的严重影响。

据报道，消息人士称，王子铭加入KIP产托将使他能够担任保荐人，并有可能将他的工厂和仓库投资组合注入产托。

据2021年9月14日的报道，KIP产托的大股东Datin Teoh Siew Chin（已故拿督周乐森的妻子）通过场外交易脱售了2013万个单位，剩下的直接持股权为4.86%，退出大股东行列。

翁国良也脱售了2000万个单位。

完成脱售后，翁国良在该集团的直接持股权为13.55%或6848万个单位，间接持股权为2.74%或1387万个单位。

Teoh和翁国良皆是在2021年9月9日进行交易。

news updated 2021-03-17

拿督王子铭（DATO EDDIE ONG CHOO MENG）在完成倒置收购，将大资全球（HEXTAR，5151）上市後，自2020年开始，频密展开收购行动，如今至少控制另外5家上市公司，一举一动成市场焦点。

他最新举动是买进海豚物流（COMPLET，5136）控制股权，于2021年3月5日在场外买进海豚物流的3744万8100股或29.181%股权。

王子铭是从Dolphin Assets私人有限公司手中，买入这批股权，之後，他就委任代表TEH LI KING进入董事局，成为海豚物流非独立非执行董事。

另一方面，海豚物流于2021年3月16日宣布以每股1.63令吉或总值2934万令吉的价格，向林吉灵控股收购林吉灵集团（CSCENIC，7202）的1800万股或14.94%股权。

大资全球是王子铭的旗舰上市公司。他直接持有该公司3123万8500股或3.806%股权，而通过HEXTAR HOLDINGS私人有限公司握有5亿1375万8264股或62.602%股权。

大资全球的前身为合力控股（Halex Holdings Berhad）。2017年3月杪，合力控股宣布控制权易手，王子铭的父亲拿督王顺和（DATO' ONG SOON HO）透过Weras Dinamik公司（WDSB）取得该公司43.73%股权，并建议以每股64仙全面献购剩余股权。合力控股当时发文告表示，WDSB在3月21日收购该公司1538万3400股股票或14.52%股权，以及在3月22日进一步增购2611万8599股股票或24.65%股权，出价介于60至62仙，令持股增至39.16%。

而拿督王顺和在3月22日持有484万股股票或4.57%股权。两者总共持有4634万1999股股票或43.73%股权，因此触及全购门槛，必须作出有条件强制全购行动。

现年72岁的王顺和于1985年创办大资化学公司（Hextar），从事农药化肥业务。

2019年6月10日，合力控股正式易名为现有名称。

王子铭的＂成名一战＂是手套股来百利（RUBEREX，7803），他在2019年底以超低价格买进控制股权，2020年新冠肺炎大爆发，手套股股价在四月开始狂飊，王子铭手上的来百利股票价值狂涨。

来百利于2020年6月22日接获Hextar树胶私人有限公司（前称为ERPStar Inc. Sdn. Bhd.）及王子铭的无条件全面献购献，他们建议以每股1.80令吉献购来百利的1亿3920万5595股。

当时，Hextar树胶及王子铭（统称联合收购方）向Seng Sheng企业私人有限公司、振兴集团（CHINHIN，5273）主席拿督斯里周明德（DATUK SERI CHIAU BENG TEIK）以及PEH LIAN HWA以每股1.80令吉的价格，收购来百利的5724万8522股或20.63%股权。

此前，联合收购方持有来百利约29.55%的股权。完成收购后，联合收购方共持有该公司的1亿3921万5522股，或相等于50.18%股权，因此必须展开强制性全面收购剩馀的1亿3920万5595股。

截至目前为止，王子铭共间接持有来百利的4亿1694万6566股或50.097%股权。

来百利一役後，王子铭的名就时常出现於并购新闻，如今他成为多家上上市公司大股东，包括了格林欧深（GOCEAN，0074）、OPCOM控股（OPCOM，0035）、大资工业（HEXIND，0161）（前称为新志兴集团（SCH））和SWS资本（SWSCAP，7186）。

2021年2月15日，前首相敦马哈迪三儿子拿督斯里慕克力（DATO’ SERI MUKHRIZ MAHATHIR），宣布脱售手上所有OPCOM控股股权予王子铭。

也是前吉打州务大臣的慕克力，在2021年2月10日于场外脱售OPCOM控股约2463万2300股或15.276%股权给王子铭后，不再是公司大股东。

慕克力是OPCOM控股创办人之一，曾担任总裁直至2009年。

2021年3月17日，王子铭所掌控的新志兴集团易名为大资工业。

早在2018年7月24日，低调商人丹斯里高建立（TAN SRI DATO' SRI KOH KIN LIP）、CHOW DAI YING及时任新志兴集团董事KOH CHEN FOONG与LIEW FOOK MENG，以每股17仙或总值1156万令吉脱售了该公司的6800万股或13.19%股权予王子铭后，不再是该公司大股东。

KOH CHEN FOONG是高建立的儿子，而LIEW FOOK MENG则是可口控股（COCOLND，7205）执行董事。

新志兴集团当时向马来西亚交易所报备，私人投资公司THIANJING HOLDINGS私人有限公司通过场外交易脱售上述股权。随后，HEXTAR HOLDINGS向THIANJING HOLDINGS收购了一批股权。同一天，前者在公开市场增持了5万3300股。

HEXTAR HOLDINGS于2018年7月16日通过私下配售活动，以每股18.5仙或总值1110万令吉，认购新志兴集团的6000万股或12.7%股权后，崛起为其大股东。

加上上述股权，HEXTAR HOLDINGS持有新志兴集团的24.84%股权。

截至2021年3月15日为止，王子铭在大资工业的持股达1亿7173万3900股或30.91%股权。

至于SWS资本，王氏则是持有3083万6100股或14.574%股权。

另外，他也拥有格林欧深800万股或2.51%股权。