THAT being, is has given up on its role as the manager and administrator of the exchange, to become a glorified POSTMAN.
THE exchange, it seems will not a utter a word of disent, even if you feed SHIT into its MOUTH.
CONSIDER, the following ; READ : Revenue Group has proposed a cash calls amounting to RM193.63 million, of which its executive director Leong Seng Wui, will only support VIEW : to the tune of 4.94 per cent of the RM193.63 million it intends to raise.
THIS is below the five per cent odd shares, owned via credit by Leong Seng Wui.
WHO will be giving Leong Seng Wui the RM9 million ringgit or so , for him to subscribe for the shares and does he have the financial means to actually support this exercise, considering Leong Seng Wui is deeply in debt to money lenders for the shares, he supposedly owns in Hong Seng Consolidated Bhd and SMI Bhd.
IS, Leong Seng Wui acting as an agent to wash some other people's money, earned from nefarious activities such as drugs, gambling, extortion and prostitution?
WHY such a question must be asked and requires a forensic answer is because READ : previously some RM46.94 million has come into Revenue Group Bhd via converting the Revenue Group Bhd Warrants on a one for one basis at 75 sen per share. A strange move considering directly owning up to 33 per cent of the mother, had accounted for the strange warrant exercise, that has many hallmarks of laundering.
ALSO, Revenue Group Bhd, has another executive director, Teh Chee Hoe, who also have a similar size stake in the company, like Leong Seng Wui.
WHY is Teh Chee Hoe not giving the same set of undertaking to subscribe for the cash calls?
IS Teh Chee Hoe, bed ridden by transmissible illness, or is he reluctant to give such an undertaking because the entire cash call by Revenue Group is HOGWASH?
