FOR one , Nga Khor Meng"s housing ministry should; do it's homework on how many related individuals have received money to buy shares from the likes of the money lending units of Hong Seng, Revenue Group, Velocity and MMAG Bhd.
IF the same names keep coming up, it's a red flag that syndicates are abusing credit komuniti schemes.
ON what basis, did Velocity held on too in making an announcement on behalf of Leong Seng Wui and gang to appoint new directors in South Malaysia Industries (SMI) Bhd. READ : _SMI slams EGM advert as ‘misleading’, seeks SC clarification over director appointments
IS it it because at the end of day, the ultimate registered owner of SMI is Velocity? If this is the case, how come requlators are silent on Hong Seng debtor The Chee Hoe"s role in buying Innov8tIv Solutions at a premium from Hong Seng ?
