IRONICALLY this was also the time when Victor Chin Boon Long's empire had extended to a level that could have turned him into a billionaire and one of the richest man in Malaysia.
HONG Seng Consolidated, which was trading below 80 sen on August 2021, would surge READ : surge to RM2.09 a share, giving it a market capitalisation in excess of RM5 billion on deals that would never materialise.
ON Sept 21 2021,READ : Green Packet, announces Govt backing to run Malaysia’s first Multi Lane Free Flow (MLFF) tolling system proof of concept
ON August 25 2021,READ:Green Packet unit gets conditional investment bank licence, to venture into blockchain, digital assets.
ON April, CSH Alliance now known as Velocity Capital Partners inked a major deal with China' BYD to be its partner in Malaysia.
AND also MMAG and Velocity were fine tuning a partnership to set up digital payment system for foreign workers, a cash cow project with no tender.
TO be continued...
