Wednesday 24 May 2023

Revenge of The Revenue Brothers : Human Capital Versus Suspicious Capital

BY Friday, Revenue Group will announce its financial results but without an external auditor in place, what ever set of results should be taken with a pinch of salt.


BUT this is not about Revenue Group, rather it is all about, Brian and Dino Ng, and their new venture, which a banker told me required very minimal capital, and that too mostly for hardware.

IRONICALLY,  the Revenue Brothers new venture comes about the same time READ : Hong Seng dumped its digital business to Revenue Group for RM36 million

SO what is this new venture from the Revenue Brothers which just require human capital ie their IQ, to bring in much more money into the bank account than the RM20 million raised by Revenue Group from a group of warrant holders who READ : Overpaid by 347 per cent for Revenue Group Bhd shares.

WELL it's all about Artificial intelligence and....