WiseGuy inside The Corporate Mafia : Rexit Bhd, The Corporate Mafia and the Doom's Day Clock

CONVENTION has it,  the Doom's day clock is a metaphor that represents how close humanity is to self-destruction, due to nuclear weapons and climate change.

THE Malaysian equity market, under the unable guidance of Wahid Omar and Umar Swift, I gather doesn't have a doom's day clock.

LIKE wise, I assume that the people at Bank Negara Malaysia,  are too preoccupied protecting their former bosses interest, instead of hauling them to court, doesn't have a doom's day clock.

BECAUSE if they did, then the law would have taken care  of people like Kamari Zaman Juhari, the former director at Victor Chin Boon Long's Vortex Bhd, who had deliberately mis  used Bank Negara Malaysia's name to give B40 citizens a false sense of security in trusting Quantum Metal.

I have said it so many times  the READ : Malaysian stock market is just one article away from either The South China Morning Post or the Singapore Business Times, from being tanked and shamed.

I believe, we will soon be getting to temporary  doom's day scenario over here, if the Police doesn't step in and put a step to all the madness created by the Corporate Mafia.

IS it a coincidence that one of the owner and director of Metaco Asset Holdings Sdn Bhd, Chan Chau Loong READ : has a long standing business relationship with the Victor Chin Boon Long Group.

METACO and it's partners including Seow Gim Shen back in January, emerged with a 53.27 per cent stake in Rexit Bhd.

SEOW Gim Shen, and the 42 per cent owner of METACO Kong Chien Hoi, READ : were sentenced to jail in a Singaporean court for participating in a conspiracy to illegally obtain data for Mainland China mobsters.

AND oh, Seow Gim Shen also happens to have a stake in the Nasdaq listed Titan Pharmaceutical, where READ Firdauz Edmin Mokthar serves as a director. if you must know, Firdauz is the former Senior Vice President, Special Projects, of Group CEO Office, at Serba Dinamik Holdings Berhad

COMING  to the Corporate  Mafia,  at which point will Anwar Ibrahim decide that it's more than a coincidence, which apparently  now looks more like a pattern that READ : more than RM50 million had been pumped into Revenue Group Bhd via a warrant conversion of 75 sen, some 300 per cent more than what the mother share price was trading.

LIKEWISE,  it must be a co incidence too that when READ : Ooi Chieng Sim was remanded by police under the Dangerous Drug Act, it was the good fellows at Hong Seng Consolidated Bhd, who initially stepped in to stabilise the drug lord's listed entity

COINCIDENCE has a three strikes and you become a pattern rule. We are way past the three strikes rule, if consider the trouble Quantum Metal has in opening a simple bank account in Australia. 

State of The Nation : Battle of the Prime Minister's

CONSPICUOUSLY absent from Budget 2025, and totally ignored by the main stream media and the new age media, must surely be the absence of any mention of Padi Beras Nasional Bhd (BERNAS), having to share 30 per cent of its profits with paddy farmers. 

THE highlight of Budget 2023, must surely have been READ : the speed in the Prime Minister cornering BERNAS to cough up 30 per cent of its profits to farmers.

ON August 22, 2023, which is approximately 436 days from today, I had mentioned READ : that the first Pakatan Harapan Government fell like a ninepin due to efforts by ministers close to Anwar Ibrahim attempting to dismantle BERNAS and how Muhyiddin Yassin and Ismail Sabri split the spoils of war.

AND yes, I SPECIFICALLY  mentioned  BERNAS and NAFAS.  IT is common knowledge today that READ : Zamri Yaakob, Ismail Sabri's eldest brother is the centre of a RM1.8 billion , NAFAS related probe by MACC.

READ : NAFAS Constitution suspended, as Anwar Ibrahim promises Malaysia, MACC has a free hand.

MUHYIDDIN Yassin, meanwhile out of either what can be described as stupidity or desperation, has managed to put Syed Mokthar back in the limelight by stating READ:  that a Perikatan Nasional Government could solve Malaysia's rice problem in 30 days.

CONSIDER the following, the four states namely Terengganu, Kelatan, Perlis and Kedah, Syed Mokthar is either the largest employer or where BERNAS has a major role in distributing federal government money to paddy farmers,  the Pakatan Harapan Government lost their underwear in this year's state elections.

ADD this to the READ : RM195 million cash donation by Syed Mokhar to BERSATU, and could easily come up with the conclusion that Muhyiddin Yassin  wasn't talking PUCKS when he declared that PN can solve the rice problem.

WHY not, when BERSATU looms like a party in which Syed Mokhar has a direct vested interest ?

WHICH brings us back to why was Anwar Ibrahim silent on BERNAS sharing its profits with paddy farmers.

I say this with conviction, that the Prime Minister understands than most political observers, on what really caused the fall of the first PH Government.

WHICH is why, he didn't want to raise temperatures up again, considering  that  he knew that  READ : 15 days latter, he will finally get the tools to really go for the big fish' in Malaysia.

MEET Anwar Ibrahim's weapon of choice, the Audit (Accounts of Other Bodies) (Amendment) Order, which took effect on November 1 after receiving royal assent.

THE act not only empowers the Auditor General to probe what's going on in some 2000 Government linked companies, but it also gives the Auditor General the power to audit companies like BERNAS which receives funds from the Federal Government. 

CONSIDERING that BERNAS,  has for years now not released its annual report for general public consumption, expect fire works when the Auditor General comes out with a public report.

THE sun won't be shinning on BERNAS in 2025,  because Anwar Ibrahim won't be settling for 30 per cent of the Bernas profits this time around .