PROBABILITY is simply how likely something is to happen. Whenever we're unsure about the outcome of an event, we can talk about the probabilities of certain outcomes—how likely they are. The analysis of events governed by probability is called statistics.
SO, now Malaysia tell me, what is the possibility of one man, who ie not a merchant banker or representing a merchant bank involved in either the sale or purchase of a single un listed company for five times running?
THE sale price of the said company over the five transactions, all involving public listed companies has seen the value of the unlisted company rise by as much 220 per cent from RM17 million to RM40 million.
AND the unlisted company todate had never earned a single sen which it cab book as profits nor could any of the listed company which purchased the unlisted company equity account the unlisted company into their Consolidated accounts, because they only bought a 51 per cent stake.
MEET Leong Seng Wui, and Innov8tif Holdings, and the blinded financial requlators of Malaysia.
WHY bind , all the financial requlators together, when it's obvious here that the parties that have allowed this to go through are some very rich people at the Securities Commission and Bursa Malaysia?.
THE answer is simple actually, because Leong Seng Wui has a more blatantly jailable offence; swept under the carpet by some equally rich people at Bank Negara Malaysia.
BANK Negara Malaysia, care to explain to Malaysians what is AMLA, also known as the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001, which is a Malaysian law that governs the country's anti-money laundering and anti-terrorism financing regime.
IF Bank Negara Malaysia has the testicle to explain to Malaysians in a single piece of paper what is AMLA and why READ : RM55 million going into Revenue Group Bhd via a warrant conversion going at a rate of a 300 per cent premium over the mother shares trading price is not a violation of the AMLA ACT, we can rest easy that the very rich people at Bursa Malaysia, The Securities Commission and Bank Negara Malaysia are not CORRUPT.