TEOH Hai Han has a 490 million indirect shareholding in Hong Seng Consolidated which comes up to about 9 per cent of the company. VIEW : Teoh Hai Han's stake in Hong Seng Consolidated
A breakdown in the relationship between Teoh Hai Han and named Corporate Mafia boss Victor Chin Boon Long, now seen as the ultimate owner of Hong Seng has been long over due .
THE straw that broke the camels back has been identified as the Corporate Mafia's insistence that Hong Seng Consolidated buys out Victor Chin Boon Long wife's stake in Classita Holdings Bhd for a premium. READ : Hong Seng Buys Classita for RM60.3 million cash.
BURSA Malaysia now pressure for not clamping down on a possible money laundering using the stock exchange manager as the washing machine, at Revenue Group run by the Gangster Corporate Mafia Boss staff Francis Leong Seng Wui seems now irritated with the entire mob clan. READ : Francis Leong Seng Wui's Revenue Group is an enemy of Malaysia if drug money was used to convert its warrants to the tune of RM60 million
Hong Seng has now publicly been forced to admit that its investment in Classita has READ : No synergy