WiseGuy inside The Corporate Mafia : Farhash Wafa Salvador Rizal Mubarak

WHEN it does not make sence, be WARY of what's ahead of the road, because surprises almost always end with retail investors losing their underpants.

TAKE Farhash Wafa Salvador Rizal Mubarak's exploits on Bursa Malaysia over the past two years or so.

1. APEX Equity Holdings Bhd

Appointed EXECUTIVE CHAIRMAN VIEW :  on Dec 27 2022

A. On 21st May 2024, acquired 1,937,400 shares at  RM1.04. (1,937,400*1.04) : RM2.01million.

B. On July 15 2024, bought 1.68 million shares at RM1.19.(1.68*1.19) : RM1.99 million.

Total spent is RM4 million, with the shares registered under the name of Farhash Wafa Salvador Rizal Mubarak.

IF you wish to check the accuracy, please feel free to Click here and also here.

2.Excel Force MSC Bhd

Appointed EXECUTIVE CHAIRMAN VIEW : on May 9th 2023

A. On 21 November bought VIEW : 5 million shares at 40 sen a share for a grandtotal of a RM2 million investment with the shares registered under the name of Farhash Wafa Salvador Rizal Mubarak

3. WHAT is the role of an EXECUTIVE CHAIRMAN?

READ : an executive chair is actively involved in the day-to-day management and decision-making of the company. Their level of responsibility can vary based on the company structure, but they typically have a significant role in shaping the organization’s long-term strategy.

4. NOW Let's look at Farhash Wafa Salvador Rizal Mubarak's recent purchase of a 20 per cent stake in MMAG Bhd at somewhere between RM287 million and RM330 million.

A. POSITION 

   Non Independent and Non Excutive Chairman.

The non-executive chair acts as a bridge between the board and stakeholders, including shareholders, employees, customers, and the wider community, ensuring effective communication and addressing concerns.

DO note while an executive chairman is higher than a managing director, a non executive chairman has less power than a managing director. 

B. Are the MMAG shares registered under the name of Farhash Wafa Salvador Rizal Mubarak? 

NO they are not, while on the surface the shares look like they are registered under the Malay individual known as Farhash Wafa Salvador Rizal Mubarak, a check on Bursa Malaysia's website reveals the shares are registered under a subsidiary of a  public listed company controlled by a johor based business tycoon. 

VIEW : Velocity Capital Partners Sdn Bhd are the by law registered shareholder of the 20 per cent stake in MMAG Bhd.

5. CONCLUSION 

WHY would a guy insist on being executive chairman of APEX Bhd and Excel Force where he is the registered shareholder, but only with a Capital outlay of just RM6 million, but allow himself to be the non-executive chairman of MMAG where his Capital outlay is between RM280 million and RM330 million?

THERE is nothing illegal in what Farhash Wafa Salvador Rizal Mubarak, a former non executive and independent director of the Singapore listed Bluemont Group Ltd (2014 to 2016) is doing.

DO note in 2013, Bluemont Group Ltd was one the three companies, fiddled by JOHN SOH CHEE WEN which caused the eight billion Singapore  dollar penny stock crash in the Island state.

WiseGuy inside The Corporate Mafia : Velocity : Notorious part 2

ON  January  6 this year, I had already warned that READ : Velocity Capital Partners Bhd ... NOTORIOUS.

LITTLE  did I know then, how notoriously dumb,  Velocity Capital would turn out to be, with their inexperience providing those who want to see Anwar Ibrahim fail, with ample ammunition. 

WORST still the entire deal, reflects badly on NGA Kor Ming,  the DAP man of the moment, who happens to be the Housing Minister.

CONSIDER the following,  Velocity Capital Partners basically financed VIEW : Farhash Wafa Salvador's purchase of 462 million MMAG shares via an off market deal.

BASICALLY,  with a ten per cent discount to the closing price of 69 sen a share on the day of announcement, this translates to (462 million MMAG shares times 0.621) to RM287.026 million , given by a Kreditkomuniti firm licensed by the Housing Ministry  to Farhash Wafa Salvador to acquire the shares.

NOW,  don't forget a year ago, Velocity had already given LEONG Seng Wui and friends VIEW : some RM14 million to buy more than 32 million SMI Bhd shares at around 30 something sen per share.

AND then since Velocity is banking on Leong Seng Wui taking SMI Bhd private at about READ:45 sen a share, basically there is another RM40 million more outlay by Velocity if the privatisation exercise goes through.

NOW remember the following numbers RM287.026 million for Farhash Wafa Salvador plus RM40 million for Leong Seng Wui and friends, rounds up to  RM327.026 million.

AS at December 30th 2024, VIEW : Velocity Capital using the Kreditkomuniti license had lent out RM330.75 million, Velocity's exposure to the stock market is now at a very dangerous  RM301.026 million (RM287.026 million plus RM14 millon).

THE housing minister should clarify if in the history of Malaysia, has a single Kreditkomuniti license holder given out RM301.026 million to merely to entities to go buy stocks on Bursa Malaysia.

DONT we have stockbroking firms and merchant banks to finance such RM300 million deals? 

WHY is Nga Kor Ming allowing this to take place, doesn't he know,  when shit hits the fan, (and it will eventually) it's the DAP brand name built by Lim Kit Siang which is going to go down the toilet bowl? 

State Of The Nation : Hell After Raya ?

NO, I am not alluding to those unfortunate enough to stuck in the expected massive rush back to Kuala Lumpur traffic jam, after the Raya holidays.

AND yes, I was expecting a hellish storm heading towards Malaysia, though I never had expected it to be heading towards us so soon.

I had expected that storm which will trouble the Malaysian economy to actually be made in Indonesia, where Prabowo Subianto's management of the economy is expected to beef up the #GelapIndonesia movement.

ALLREADY with the Rupiah free falling way beyond the 1998 level, I gather  demonstrations could implode the South East Asian nation in about 2 months time 

BUT as fate would have it, Donald Trump's announcement tomorrow could sink the Ringgit and crush the stock market now rather thsnggʻgʻgʻ

IT'S READ: Trump's dirty 15 announcement on Liberation Day   

State of the Nation : The Madani Economy : Empowering the People, Caught With its Pants Down.

ON 27th July 2023, Prime Minister and Finance Minister Anwar Ibrahim launched the “Madani Economy: Empowering the People” economic framework. 

THE main focuses of the framework is to ensure that the enlarged wealth is benefitted equitably by the Rakyat.

THE events that had taken place late this week, especially by his Minister and those perceived to be close to him such as Farhash Wafa Salvador, has placed the Prime Minister in a no win situation.  

I said perceived , because Anwar Ibrahim  is nobody's fool and considering what happened to the man when he was the Deputy Prime Minister of Malaysia, and in the manner he fell from grace, I highly doubt the Prime Minister would place his eggs in anyone's basket, with the exception of his children.

CONSIDERING, the Prime Minister hasn't placed a single egg in any of his children or their spouse basket, let's not assume too much about any sinister hands in READ :Farhash Wafa Salvador buying a 20 per cent stake in MMAG and becoming the non executive chairman of the company

THAT being, there are many sinister question marks in this deal, but first we should be asking DAP's Nga Kor Ming, who happens to be the housing minister how come a group of companies linked to Victor Chin Boon Long and Leong Seng Wui, who have the credit community licence,  seems to be lending and borrowing among themselves to buy shares in the stock market.

AS A Minister in the MADANI Government,  I am sure, the whole of Malaysia, will want to hear from Nga Kor Ming, how is this Empowering the Rakyat?

AS for Farhash Wafa Salvador, those who are saying that he is Daim Zainuddin 2.0, should stop faltering themselves and Farhash Wafa Salvador with such a comparison. 

THE late Daim Zainuddin  had enough brain power not to buy shares using share financing facilities offered by Kredit Komuniti entities, where the interest on such financing is between 100 per cent and 150 per cent more than that of a commercial bank.

BUT  this is exactly  READ : what Farhash Wafa Salvador did when he took up margin facilities from Velocity Capital to acquire the MMAG shares.

CONSIDER the following,  days before Farhash Wafa Salvador appeared as the court jester in MMAG, Velocity Capital had READ: had acquired 6.5 per cent of MMAG for RM60 million from Victor Chin Boon Long's wife with a first right of refusal to buy her remaining shares.

OBVIOUSLY,  Velocity  said NO to Victor Chin Boon Long's wife wheh she wanted to sell more of her shares in MMAG, which is how Farhash Wafa Salvador came into the picture.

WHY is it then Farhash Wafa Salvador looks, smells and feels  like bonafide and certified  court jester in this whole deal?

WELL the devil is in the detail ain't it?  Here is a man who has spend supposedly more than RM100 million to acquire the stake and his position is that of a non executive,  meaning he has no say in the running of MMAG.

TO add salt to the injury, the shares are not even registered VIEW : under Farhash Wafa Salvador's name but the registered owner of the shares is Velocity Capital.

FROM the outside all I can say is those who are attempting to make Farhash Wafa Salvador look like the right hand man of Anwar Ibrahim, must be  surely taking delight to portray the Prime Minister as a rookie dumb ass.

WiseGuy inside The Corporate Mafia : EIght Years, Two Investigation, One Name.,

THIS is the second time in eight years,  the authorities are probing if scam money related to Tedy Teow Wooi Huat's businesses had seeped into the stock market.

THE first investigation was conclusive that money from Tedy Teow Wooi Huat and other scam merchants had indeed slipped into the market,  with ONE NAME sticking out: KENNETH VUN YUN LIUN.

MEET Kenneth Vun Yun Liun, said to be among the biggest market manipulators on Bursa Malaysia, who apparently is attempting to reinvent himself in Corporate Malaysia, that comes along with full reconstruction of his face and Samy Vellu like hair do, boosted with a fake toupee. 🤣🤣🤣🤣

READ : Former fugitive of law with fake hair, Kenneth Vun Yun Liun now MD at both Symphony Life and XOX

WHILE Kenneth Vun Yun Liun  might be convinced that he is on the road to rewrite his story, I am told otherwise, but I will not elaborate on the matter until the shit hits  Kenneth Vun Yun Liun's  fake face.

READ : Kenneth Vun, scared to act his age, with a brand new face is too vain to see, he has been set up internally for a fall.

NOW back to the first investigation on the possibility that some of Tedy Teow Wooi Huat's  hard scamed money had gone into the stock market, was nor related to MBI.

THE investigation was on another of Tedy Teow Wooi Huat's scam, which took place sometime in 2009, that siaw Tedy Teow Wooi Huat spending just one day in jail, event hough investors lost by the millions. 

REINTRODUCING, Syarikat Island Red Cafe Franchise Sdn Bhd. READ : Flash Back 2011, Tedy Teow goes to jail for a scheme that started in 2008.

SUBSEQUENTLY,  in 2017, theEdge broke the story on investigations taking place to determine if the scammed money from Syarikat Island Red Cafe's vast millions had ended up in the stock market .

READ : the conclusive Edge report with an airtight link to companies under control of Kenneth Vun Yun Liun such as Anzo Bhd, Enviar Holdings,Plastrade Technology Bhd,Vizione Holdings Bhd and XOX Bhd to the scam.

YOU don't have to be Albert Einstein to figure out, whoes name is going to be sticking out like a sore thumb when the second investigation is completed, plus who has been over the years, been raising money for a TOKONG in Penang, who is very high up in DAP for the past two decades.

YUP,  the dudu head who underwent plastic surgery to look young although sources say the all important little brother , which we all keep zipped up, is no longer in functioning condition. 

WiseGuy inside The Corporate Mafia : Toxic & Potent, the search for ......

ONLY in Malaysia, you can be named JHO LOW2, when you are literally ten times more bigger, potent and toxic than your namesake.

WELCOME to the world of Zhang Yufa, whoes 

 even Beijing described as “extraordinary”, having scammed some two million of China's citizen of USD14 billion , which in ringgit terms today is valued at RM59.92 billion. 

IN comparison, the 1MDB scandal, has been  valued at RM40 billion, to be borne by the tax payers of Malaysia.

Zhang Yufa,  has another two names, familiar with Malaysians, namely Jho Low 2 and the one and only Tedy Teow Wooi Huat of the infamous MBI READ : with the edge report stating victims had been hoodwinked more than RM300 billion, which is nearly ten times larger than the 1mdb scandal.

ON December 10th, 2024, I had noted that READ : The Bank Negara Governor, from 2000 to 2016, Ungku Zeti Akhtar binti Ungku Abdul Aziz, should be the correct women to answer these questions, on scandal which is far more bigger than even 1MD.

THE Edge's article yesterday, READ :That a special team has been asking questions to trail Tedy's billions, is refreshing and timely.

ON my Facebook yesterday, VIEW : I had listed down, the people of interest, which spawns organised crime, narcos and political parties

THAT being said, those at the centre of investigation are no ordinary joes, and unlike Najib Razak, they are vicious to the core, toxic and certainly extremely POTENT.

WiseGuy inside The Corporate Mafia : The Muhyiddin Yassin Group has exited Datasonic (NexG)

THANKS to the INCRIDBLE ,  Mohd Khairul Adib Abd Rahman, the former director general of  Public Service (KPPA), the Muhyiddin Yassin faction has exited Datasonic,  now known as NexG Bhd.

COINED it as the Muhyiddin Yassin faction, ad am UNSURE if the shares officially under Safian Mohd Yunus , a known runner for Fakhri Yassin was being fronted for blood relatives of the former Premier or being held in trust for the benefit of BERSATU.

THE official story line is the incredible , Mohd Khairul Adib Abd Rahman who retired from the civil service  on Jan 2022, only to be appointed chairman of MMAG Bhd  READ :less than three weeks latter bought out READ: Safian Mohd Yunus stake in NexG by taking control of Safian's vehicle, Kuantum Juang Sdn Bhd.

MOHD Khairul Adib Abd Rahman is known as the incredible due to the manner in which READ :he suddenly owned 43 million Classita Bhd shares, making him richer by RM6.3 million.

NOW the backend story line is,  Mohd Adib Abd Rahman is a mere body or tool being used by Victor Chin Boon Long.

MOHD Khairul Adib Abd Rahman is being used a soiled pawn,  in order to masquerade  the reality that Datasonic, a once powerful Malay owned company, is on the receiving end of a WAYANG KULIT, courtesy of the Corporate Mafia.