Tag: YNH Property
Minority Shareholders of YNH Property Initiate Representative Action against Directors and...
A group of minority shareholders of YNH Property Bhd are planning to file a representative action lawsuit against the company's directors and officers. This action follows revelations about alleged manipulation of company resources and fraudulent activities involving over RM 1 billion. If you're a YNH Property shareholder since Jan 14, 2004, join this action by contacting [email protected].
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.