STUPID, corrupt or just incompetent, I will let you decide. Just guess how much Revenue Group has told Bursa Malaysia it is going to spend on office up keep and also for utility bills from the company's planned private placement.?
WELL, before I let the cat out of the bag, let's put things in perspective.
REVENUE Group says from the private placement, which is expected to raise RM10.83 million, some RM650,000 will be used to pay the wages of Francis Leong and his three other executive director friends.
FAIR enough!. What is ridiculous is, Revenue Group says it is going to spend anywhere between RM325,000 to RM395,000 on UPKEEP OF OFFICE.
IS this sensible? I shall stop here rather than dig deeper into Revenue Group's very fat utility bill, of which the company shall be allocating between RM325,000 to RM395,000.
GRANTED, Victor Chin Boon Long's boy, Francis Leong Seng Wui is not the sharpest knive in the kitchen cabinet, but looking at the haphazard way, Revenue Group, intends to burn money, one can't buy help speculate.
THAT even the Corporate Mafia seems to think that those manning Bursa Malaysia are either stupid, corrupt or incompetent.
