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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.

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...

Malaysia is unlikely to enter a recession this year. According to Bank Negara Malaysia Governor Tan Sri Nor Shamsiah Mohd Yunus, as strong domestic...

YU Syndicate's leaders replace exposed directors at ALX Assets after being caught in a scandal involving YNH Property Bhd & Rapid Synergy Bhd.

IPOH: According to a prominent member of the business community. Increased Chinese investment will aid Malaysia in its transition to low-carbon development. According to Datuk...

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.

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.

Discover how the Yu Syndicate, led by brothers Yu Kuan Chon and Yu Kuan Huat, allegedly swindled RM800 million from Rapid Synergy Shareholders through land scams involving Malaysian public companies YNH Property BHD and Rapid Synergy 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.

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...