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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.
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.
YU Syndicate's leaders replace exposed directors at ALX Assets after being caught in a scandal involving YNH Property Bhd & Rapid Synergy Bhd.
YNH Property Bhd faces an embezzlement scandal involving over MYR 20 million in a suspicious joint venture deal. Key personnel are implicated, with regulatory violations and potential tax evasion being exposed.
In a shocking development shaking Malaysia's financial core, YNH Property Berhad faces a scandal threatening its Sukuk's stability, with collateral seized and millions at risk. Explore the depth of this financial crisis, its impact on stakeholders, and the looming question of insurance coverage amidst fraudulent asset revelations.
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.
In a significant escalation of the ongoing investigation into KNM Group Bhd, the Federal Commercial Crime Investigation Department (CCID) has seized key documents from the company's offices. This latest development, linked to the disputed extraordinary general meeting (EGM) results, raises serious questions about the future of Tunku Datuk Yaacob Khyra's leadership at the firm.
The Philippine Peso and the Malaysian Ringgit led advances among Asian currencies on Friday. As overnight data revealed the U.S. economy’s resiliency, increasing investor...
Malaysia’s total trade for December 2022 amounted to RM236.0 billion. An increase of 8.6 per cent year-on-year (y-o-y). With exports rising 6.0 per cent...
KYIV, Ukraine: In order to lessen the chance of catastrophic mishaps while Russia’s war on Ukraine continues. The International Atomic Energy Agency has dispatched...