Wednesday 11 October 2023

WiseGuy inside The Corporate Mafia : Watching You, Watch My Airline

IT is either only the very lucky ones or the most unfortunate ones get to watch on real time how they will go down in life.

IT must be scarry for the known Corporate Mafia members such as Victor Chin Boon Long, Francis Leong Seng Wui  and Eddie Ng Chee Siong to watch how fast the demise of MyAirline has been, even to the extent READ : the white Knight has ran for life, and dump any plans to rescue the company

BUT why, have I included Eddie Ng Chee Siong into the list as a member of the Corporate Mafia and not as a collaborator?

WELL there is enough trail to pin point Eddie Ng Chee Siong in bed with the Corporate Mafia, years in advance of the takeover of Revenue Group.

AS a matter of fact even from the word IPO, the other major shareholders of the Revenue Group could have been set for a fall. READ : Who owned 4.2 per cent of Revenue Group to do an off market trade in 2018?

AND If you really wants to know, why the so called independent board at Revenue Group wanted to kick out the two dominant shareholders of the company,  how about an official reason VIEW :RM510,000 for non executive directors.

IT'S a known fact that the two dominant shareholders voted against the resolution and days latter, they were booted out of the board for doing so.

CAN Eddie Ng Chee Siong deny this?  Even if you can, considering what's taking place in MyAirline, will you, Eddie Ng Chee Siong? 

AND hey Victor Chin Boon Long, how about pushing up the Revenue shares up again to do the roll over that is destined to be another MyAirline in the making?