Ancom Acquisition Of Dormant Company Is Puzzling

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 … Read more

MACC Investigates UKSB. What About “Speedy Gonzales” Deal?

Yours truly had written about Ultra Kirana Sdn Bhd (UKSB), the visa processing companies several times, HERE, HERE & HERE and the scandalous