Tag: YNH PROPERTY BHD

Unsettling evidence of alleged financial misconduct at YNH Property Bhd (KLSE: YNHPROP) prompts calls for an in-depth investigation by the Securities Commission Malaysia (SC). As unsettling questions arise over possible breaches of financial regulations, stakeholders demand transparency and accountability.

YNH Property Bhd faces an embezzlement scandal involving over MYR 20 million in a suspicious joint venture deal. Key personnel are implicated, with regulatory violations and potential tax evasion being exposed.

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.