BUT do consider the circumstantial evidence that a game of chess is indeed brewing.
ONE aspect which i have kept banging on has been, Revenue Group is no longer in a net cash position, when one takes into account the company's receivables. This is something, Victor Chin Boon Long has gone out of the way to address by READ: converting 15 million warrants at 75 sen to pump in more than RM10 million into the company
TO be honest, at this point, I had no idea that we were in a proxy game of chess, until I wrote the following piece. READ : The return of the Revenue Brothers with better earnings stream
WHAT did Victor Chin Boon Long rush and go and do? READ : Revenue Group on acquisition trail as dust from boardroom battle settles
WHO is the favourite to win this game? Victor Chin Boon Long lah, cause he has all the money in the world. That being said, he still couldn't stop Revenue Group shares bleed red ink today, as the shares fell from 34 sen to 31.5 sen.
WHAT defense do I have against Victor Chin Boon Long and his corporate mafia? Anwar Ibrahim's word that he will clean up Malaysia.
WITH,that i once again repeat that the Hong Seng Asset sale to Revenue Group is a related party transactions. READ :see which banker owns how much for their secret client in Revenue Group