Tag: YNH Property Bhd
How Yu Kuan Chon’s Underhanded Tactics Failed in Securities Firm Acquisitions
Excerpt: Yu Kuan Chon's failed attempts to acquire a Malaysian securities firm using deceitful tactics and proxies reveal the potential dangers of allowing untrustworthy individuals to control securities firms, highlighting the importance of regulatory vigilance and investor caution.
YNH Property Directors Siphon RM1 Billion into the Yu Syndicate
YNH Property Bhd's directors are accused of siphoning over RM1 billion into the Yu Syndicate through multiple joint ventures, putting the company in a desperate financial situation. Authorities must investigate the money trail and tax ramifications of these actions.