Home Tags Ynh property
Tag: ynh property
Explore the alleged fraudulent asset-backed security (ABS) scheme by YNH Property Bhd's Yu Brothers, potentially causing losses for shareholders and raising concerns about compliance with Malaysia's regulations.
YNH Property's RM500 million asset sale is exposed as shareholder fraud, involving false claims of independence between ALX Assets Berhad and YNH Property Bhd. The YU Syndicate is suspected of involvement in this fraudulent deal.
Rapid Synergy Bhd's executive director, YU KUAN CHON, deceives the Malaysia Security Commission, hiding CHAN WENG FUI's status as a related party and employee, breaching regulations and risking company delisting.
YNH Property Bhd minority shareholders face deceit as controlling shareholders execute fraudulent transactions with the YU Syndicate. Unravel the complex web of related-party dealings and their impact on shareholders' value.