Serious And THIS is how the crammed dorms owner himself lives...

[SirRichard]

the bros in here really 卧虎藏龙, quite a number Of bros in here are highly intellectual also have lots of insider stories to share.

These two CCB Hylam kias Han & Loh formerly worked in UOB Kayhian are con artistes responsible for 60%-70% of those China chips listed in SGX in the 90's & early 2000 and all of their China listed companies went to zero in value.

Their ill-gotten profits amounted to about $600m to $700m and when the China chips market bubble burst, they turned to become casino-whales; each trip they would play up to USD12m.

MGM, Wynn & LVS assigned two private jets for their usage and after 3-4 years they lost all their ill-gotten wealth and they took about 3 years to clear their outstanding debts and thereafter they came into the slaves trades.

Reason they were not punished for cheating hundreds of thousands of small S'porean investors in the China chips fiasco was because of their PAP connection.

 

[Kee Chew]

Yeah, james capel group got conned by them into doing a merger. Injected 30% equity into it. When HSBC bought over James Capel, and did a review of their assets, they couldn't wait to dump the dog and get out. Eventually, from 30% reduced down to 5% and Kay Hian bought them out. These 2 fucks did not get into the dorm business by virtue of their business acumen. Some PAP MIWs came to them to front the business and be the face of it because they knew the floodgates were going to be open to FTs.

"to front the business and be the face..
" = Tau Pay Kong ...

 

[Kee Chew]

take a look at this FEDA 2015


https://en.m.wikipedia.org/wiki/Foreign_Employee_Dormitories_Act_2015

 

[syed putra]

There is no corruption in Sg.

You must be daft.

Definitely none!
They rebrand it as commission, agency fees or advisory.