Thursday 29 December 2016

KFM Bhd. MOU. Be Good JOHN ny

Is a 1982 hit for Men At Work, taken from their blockbuster debut album entitled Business As Usual.

It might not be Business As Usual for the KFM bull, after the company told the stock exchange that the mou with Lotus Esential Sdn Bhd is non BINDING, and that Lotus which made a net profit of LESS than 1.8 per cent or about RM429,000 is majority owned by Wong Sak Kuan.

Wong Sak Kuan owns Sing Foong Niap Sdn Bhd, which used to do a lot of work for Mudajaya, and Lotus Essential is the trading arm of the Sing Foong Niap group.

Turns out, that Wong is also an associate of MCA's Wee Ka Siong, so BE GOOD JOHN NY, we won't want history to repeat itself .