NUMBERS only state the equations that determines the mood at ground zero, with a damning accuracy.
AT ground zero, the numbers that has been forced out from Green Packet Bhd, have very worrying and telling tale, that all is not well, especially for its former executive director, Francis Leong Seng Wui, and his submissive minnion Teh Chee Hoe.
AS early as October 2023, I had opined, that it was READ : extremely weird for Green Packet, would appoint Cheng & Co as its auditor, considering less than RM25 million of Green Packet's revenue of RM750 million comes from Malaysia.
CHENG & Co doesn't have the size outside Malaysia to audit a RM720 million a year business.
EVEN the, I put my worth where my mouth is by stating eventhough there were many red flags in Hong Seng Consolidated Bhd, it was Green Packet Bhd, which is going to bring the curtains down for Leong Seng Wui.
REGARDLESS, of the excuses given by Green Packet on its latest quarter results, at a time when the investigations on Cheng Co, although not made public yet, the dye had been cast.
THERE is NUCLEAR weapon of mass destruction about to rip, the Green Packet, overseas business, which amazingly was achieved with almost zero office presence out side of Malaysia.
BELIEVE it, because numbers don't lie. Green Packet Bhd's number state for the fourth quarter ended March 31, revenue dropped by nearly 300 per cent to RM45.53 million as opposed to RM141 million before.
YOU can VIEW : the suddenly not much business in Green Packet Bhd, which raises the all important question ; in the first place, was there any ?.
A ruse that touches close to the heart of false markets and laundering of narco cash from HELL.
