BUT this time, there is a twist to the story line, a chance to find the phoenix for the flame, so to speak.
THE out right plundering and suspected money laundering, took place in Revenue Group took place outrightly only after Leong Seng Wui, emerged in Revenue Group.
THIS , time around in Globetronics Tech, the Revenue Group Bhd, the plundering and nastiness had taken place well before Leong Seng Wui, emerged in Globetronics.
IT was 24 months in the making, and the proof is in the pudding, with the silence of main stream business media already in the pocket.
THE devil screams in the details found on the unaudited accounts of Globetronics.
HAVE a look at the other receivables of Globetronics Tech Bhd. It is at a VIEW :shocking RM72.4 million, a stark and dark difference to its peers like Unisem Bhd, whoes numbers stood at RM2.3 million.
WHAT is other receivables, smarty pants,aka Artificial Intelligence ; Other receivables refer to amounts owed to a company from sources other than its typical sales transactions. These include items like interest receivables, employee advances, tax refunds, and other non-trade related amounts. They are classified separately from standard accounts receivable on the balance sheet and are considered current assets.
YET , the mainstream business media is and will be hyping ; that the Indian Giant Conglomerate TATA, READ : has eyes for Globetronics.
I can confirm, TATA has disqualified Globetronics, due to ethical concerns. The same set of concerns , which forced a slow of Government funds to sell their shares and run for life.