Sunday, 23 February 2025

WiseGuy inside The Corporate Mafia : Corporate Mafia ; CAVEAT EMPTOR

CAVEAT Emptor, the Latin phrase for let the buyer beware, seems nailed to retail and punters mindsight.

STOCKS linked to Victor Chin Boon Long, his sidekick Leong Seng Wui have seen buy trades at under five per cent to zero in counters such as Revenue Group Bhd, SMI Bhd, Green Packet Bhd, Classita Bhd and Velocity Capital Partners Bhd.

THOSE stocks were tracked as at 11 am today.
THE once unstoppable and unbeatable Corporate Mafia, has had its glory days stymed by a juggernaut after another.

THE latest comes at a time Leong Seng Wui is looking either KN Kenanga or Velocity Partners to raise enough cash to expand his stake in Revenue and SMI.

AT the Revenue Group level a renewed scrutiny will be the individuals who take up the rights issue...