Corporate Crime
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YU Syndicate Axes ALX Directors YNH Property is caught Red-Handed
YU Syndicate's leaders replace exposed directors at ALX Assets after being caught in a scandal involving YNH Property Bhd & Rapid Synergy Bhd.
Rapid Synergy Annual Report contains Material and Fraudulent Misrepresentation
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.
Rapid Synergy Deceives Malaysia Security Commission in a Botched Cover-Up
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.
