EDDIE Ng Chee Siong, the chairman of Revenue Group Bhd, have sold his entire stake in the company in an off market deal .
IT is understood, that Eddie sold the shares to a notorious group, led by a Low Yat Plaza based businessmen, who specialises in using law enforcement elements to take over public listed companies.
ABOUT 11 days ago , Eddie's private business partner, Lai Wei Keat, also sold his entire stake in the company, and quit as executive director.
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BASICALLY, the duo, specifically Eddie Ng Chee Siong's goose is cooked, as detaila are now emerging that many of his private business companies have been doing generous business with Revenue Group .
EDDIE Ng Chee Siong, faces the prospect of doing jail time, if and when charges are filed against him for insider trading, where by the buyer of his shares were largely the rouge group from Low Yat Plaza