The screenshot of Ancom Bhd‘s public announcement of its acquisition of Media Works Sdn Bhd, which is a dormant company, for RM1.
It would have been an otherwise a normal affair for a public listed company to acquire shareholding in a Sdn Bhd. What had made it so strange was the acquisition of a dormant company with a RM1 paid up share capital.
On 1 March 2019 Ancom Bhd (Ancom) had made the above public announcement in Bursa Malaysia that it had acquired one ordinary share in Media Works Sdn Bhd (Media Works), which was incorporated on 13 December, 2018, and it is dormant. Isn
Wow! Stephen Geh Sin Whye name appears every where including Geeko. MACC must be having fun in its investigation now. Stephen Geh should be called up. So is Wong Sai Wan. I think Security Commission should also look into the advertisement by Ancom. Did it reflect the true state of affairs pertaining to the purchase of Media Works SB?
Simple question: after all this publicity designed to humiliate Siew-er, Why is it that MACC has not charged Siew-er yet?
Is it because Siew-er is selling Ancom to associates to some big shots?
I bet my left Nut that 12 months from now, Ancom has a new group of shareholders linked to existing powers-that-be.
Quit puzzling, and ask the right questions…
Geeko’s co sec & registered office is the same as the dormant co, En Vogue Media SB (Elizabeth Ken) & Nylex: what does this mean – Dato Siew Ka Wei? Surely you know what are these facts all about? Who is Elizabeth Ken? She is just a media specialist for Redberry? Those in Redberry knew who she is?
According to Siew ka Wei, Geeko is the special purpose vehicle for Tencent Holding. With all the evidence produced in YB’s blog, Geeko cannot be the special purpose vehicle for Tencent but God knows who! The facts are as clear as daylight! Over to MACC. This must be MACC’s easiest case!