Business

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.

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.

Hyundai Motor Company is set to produce flying cars for ride-hailing giant Uber as part of the latter’s aim to provide air taxis by...

July 28, 2023 Thailand's allure as a premier tourist destination has welcomed a unique cohort to its picturesque landscapes – Russian elites. As Western doors...

BEIJING: The China-Laos Railway’s extension, the round-trip China-Laos-Thailand train, was successfully launched. Trade between China and Asean members is anticipated to gain new momentum thanks...

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.

10 August, 2023 Ukrainian President Volodymyr Zelensky has provided unequivocal assurance that the skies over Ukraine will soon be graced by the presence of F-16...

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.

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.

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.