DESPITE, the bulk of the profits coming from abroad, do you see substantial amount of information on Green Packet's supposedly not fake business overseas?
NEVERMIND lah, let ChengCo PLT earn some audit fees. But ChengCo PLT, by coming into Revenue Group, are you coming to turn Whistleblower and send Francis Leong Seng Wui to JAIL or Kau Ni Bodoh ke?
DEI, Francis Leong Seng Wui, I know you won't admit it openly, but Victor Chin Boon Leong only asked you to appoint ChengCo PLT
CHENGCO PLT, as auditor imdo you recall back in January 2023, READ : Green Packet booked a RM3.6 million gain by selling Xendity to Innov8tif Holdings Sdn Bhd for RM17.5mil.
SO, Green Packet's true valuation for Xendity in which at that point Francis Leong Sent Wui was a director in Xendity and Executive Director of Green Packet was RM13.9 million only.
We also know that 100 per cent of Innov8tif minus Xendity is valued at RM40 million. So let's see, so now 100 per cent of Xendity combined with Innov8tif existing valuation should come up to RM53.9 million. READ : Innov8tif valued at 40 million by ACE listed Securemetric Bhd, while Revenue wants to give Hong Seng a 14.5 pet cent profit foe selling a company it does not want
HOW much is Francis Leong Seng Wui who suddenly appears in Revenue Group want to buy 51 per cent of the combined Xendity plus Innov8tif READ : RM36 million, valuing Innov8tif at about RM70 million.
CHENGCO PLT, can you see that from Jan 2023 t9 May 2023, by merely passing the companies among Hong Seng, Green Packet and Revenue Group, Innov8tif which was over priced even when Hong Seng took it, has seen its valuation artificial increased by RM16.1 million from RM53.9 million to RM70 million.
AND who is the so smart auditor who had signed on the dotted line that all this valuation was not made up?. Its you lah , CHENGCO PLT
I hope you guys know the true meaning of false market , because one of you guys are gonna go down hard and for good.
