The Pirates of Bursa Malaysia : Market Manipulation By Green Packet's Special Assistant

LONG  before  before Victor Chin Boon Long's emerged as the managing director of 1 Utopia Bhd around 2011, he had served for more than half a decade as a short of confidence special  assistant to  Puan Chan Cheong , who is commonly referred to as C C Puan.

PUAN,founded Green Packet  Bhd in 2000 eventually listing it on Bursa Malaysia, gaining the distinction of being the first tech firm with a RM1 billion capitalisation .

VICTOR Chin Boon Long, was hired by C C Puan in 2006 to be his special assistant, and remained in the Green Packet payroll more than  half a decade later .

GREEN Packet's 2012 Annual Report list downn Victor Chin Boon Long  ss the company's investor relations point men

IT was during this critical period, that Green Packet's name was being name  dropped to prop up shares in companies controlled by Victor Chin Boon Long on paper,, as Victor Chin Boon Long himself many auspect   is just the public of an unknown powerful face

IMAGINE, a salaried investor relations man turning down a RM90 million all cash offer for his shares in Ingenuity Bhd, or his other offshoot 1 Utopia Bhd being the single largest tenant in Low Yat Plaza.

IF Victor Chin Boon Long had so much money back then, what is he then doing wotking for C C. Puan as his I R point men, as listed on Green Packet Bhd 's 2012 Annual Report.

WHAT  all this means is  Victor Chin Boon Long is a sitting duck as during this period, many of the companies that had Victor Chin onboard were name dropping  Green Packet's to boost their own shares.

THERE there is nothing on the Bursa Malaysia website to indicate the investing public knew that Victor Chin Boon Long was playing for both sides.

For example in 2012, Ingenuity Bhd shares were chased upwards, having started  its climb months before that from.3.5 sen to an eventual  peak at above 50 sen , on some self serving rumours READ :A RM125 million contract from Green Packet.

ARE there conflcts of. Interest here? On the disclosure side there are plenty and this trend of closely associating his business with Geeen Packet would continue for many more years .READ :  Yen Global Bhd, linked to ex Green Packet staff gets 4 UMA on speculation that Green Packet plans to buy the company.

BY  2019, Victor Chin Boon Long had eyes on a much biggeer and larger catch,  but first he has to lure CC Puan home.