ERIKA JOHNSON
Blood Ties and Shadow Companies: The Yu Family’s Alleged Market Manipulations...
In an explosive revelation that shakes up Malaysia's corporate sector, the spotlight is on the Yu Family and their alleged market manipulations. Yew Hock Ming, an obscure figure until recently, emerges as the key link in a web of clandestine relationships and possible financial wrongdoings. The article uncovers these undisclosed family and corporate ties.
YNH Property Bhd Scandal: A Family Affair of Fraud, Embezzlement, and...
In this shocking exposé, we unravel the complex web of deceit surrounding the YU Syndicate and YNH Property Bhd, where key players allegedly embezzled millions through fraudulent joint ventures and secret agreements. Discover the dark side of corporate Malaysia and the implications of this massive scandal.
Malaysia attracts RM264.6bil approved investments in 2022, 2nd largest ever recorded:...
KUALA LUMPUR: In 2022, Malaysia will have approved RM264.6 billion worth of investments. With the services sector taking the lion’s share of the market,...
Directors Caught plundering YNH Property assets worth RM 422 Million
YNH Property Bhd Directors caught plundering assets worth RM 422 Million in a scam transaction to sell the company's two primary income-producing assets undervalue to the YU Syndicate-controlled company, ALX Asset Berhad. Leaked documents reveal the alleged fraudulent scheme.
Rapid Synergy Annual Report contains Material and Fraudulent Misrepresentation
Rapid Synergy Bhd's chairman, Yu Kuan Chon, deceived shareholders with fraudulent misrepresentation in the 2021 Annual Report. The company hid related parties to avoid a mandatory takeover offer.
Hong Kong’s Cathay Pacific flags up to US$893.77 million loss in...
HONG Kong:Despite predicting a loss of between HK$6.40 billion (US$817.18 million) and HK$7.00 billion for the fiscal year 2022, Cathay Pacific Airways Ltd. underlined...
Rapid Synergy Deceives Malaysia Security Commission in a Botched Cover-Up
YU KUAN CHON, Director of Rapid Synergy Bhd, tricks Malaysia Security Commission in a botched cover-up of indirect shareholdings. CHAN WENG FUI, a connected party, has undisclosed substantial shares in the company.
Shady Scheme used to Siphon RM1 Billion from YHN Property Bhd
Delve into the alleged shady scheme used by the Yu Syndicate, controlled by Yu Kuan Chon and Yu Kuan Huat, to siphon RM1 billion from YNH Property BHD through joint ventures involving 18 dead or frozen projects.
IBM partners with new chipmaker Rapidus to make up lost ground
TOKYO: IBM Corp. claims that it is collaborating with Rapidus a recently established chipmaker sponsored by the Japanese government. To assist it to produce...
EU eyes Russian officials, banks, industry for sanctions.
BRUSSELS: As part of a fresh wave of sanctions meant to increase pressure on Moscow over its involvement in the crisis in Ukraine. The...