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Chief financial officer Chong Chien Meng said the RM9.6 million, made through 16 cheques, was a “director’s loan” to Mohd Jimmy Wong Abdullah, a member of MyEG’s board of directors.
Co-counsel Ahmad Zaidi Zainal then asked Chong about MyEG’s announcement on Oct 19, 2018 that its directors had never made any payments to third parties to secure government contracts.
“MyEG came out and said they were not involved in giving kickbacks on whatever projects you obtain?”
“Yes,” Chong said, explaining that the Bursa announcement was meant to clarify media reports that linked MyEG to Zahid’s corruption charges.
think about it. why FMT release this minor news so fast one?
bcos samseng benefactors want to catch low.
FMT is expert in defamation (they make smear campaign on Guan Eng in 2015).
sadly MYEG has already caught the eye of KWSP and EPF and next week will be a big buy. most investors are aware of MYEG legal issues anyway.
my guess is that it will fall slightly monday morning then rise high till 1.70 before noon
all the big sharks are eyeing this stock since the news release