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DATUK Ishak Ismail, shareholder and executive chairman of NexG Bhd (KL:NEXG), says he had no knowledge of the shareholder tussles at the national security documents producer when he acquired his stake. However, the boardroom battle — between rival camps comprising Datuk Hanifah Noordin ...
TheEdge17 Apr, 2026 16:10pm - 2 weeks

Hong Seng Consolidated Bhd’s (KL:HONGSENG) wholly-owned subsidiary AIMAX Capital Sdn Bhd has entered into debt settlement agreements totalling RM63.61 million with four borrowers.
TheEdge09 Apr, 2026 20:02pm - 4 weeks

Victor Chin Boon Long Investors who have been in the market long enough would probably remember businessman Victor Chin Boon Long as the controlling shareholder of Ingenuity Solutions Bhd, now known as MMAG Holdings Bhd (KL:MMAG)....
TheEdge09 Apr, 2026 13:05pm - 4 weeks

HISTORY Datasonic Group Bhd was founded by Datuk Hanifah Noordin after leaving accounting firm Ernst & Young. Listed on Bursa Malaysia in 2012, it has supplied identity cards to the Home Ministry since 1999 and, from 2016, passports. In January ...
TheEdge09 Apr, 2026 13:00pm - 4 weeks

Businessman Victor Chin Boon Long, who has long denied being a “corporate mafia” himself, has filed a lawsuit against Bestinet Sdn Bhd founder Aminul Islam Abdul Nor, accusing him of being the “real corporate mafia”.
TheEdge07 Apr, 2026 23:43pm - 4 weeks

The fight for control of NexG Bhd (KL:NEXG) — the company which has a RM2.5 billion contract to supply passports, MyKads and other identification documents — has taken on a life of its own, with so many allegations and questions being raised on the supposed involvement of the authorities.
TheEdge28 Mar, 2026 09:04am - 1 month

Businessman Victor Chin Boon Loong has made further allegations involving the suspected "corporate mafia", claiming an executive director of Heitech Padu Bhd (KL:HTPADU) was a key intermediary of the gang while issuing an ultimatum to an unknown member of Parliament (MP) to return his money after failing to resolve his problems, or face public exposure.
TheEdge24 Mar, 2026 19:57pm - 1 month

Businessman Victor Chin Boon Long, who has distanced himself from the ‘corporate mafia’ scandal, is calling on the police chief to act on the boardroom tussle over NexG Holdings Bhd (KL:NEXG) — the sole supplier of Malaysian passport booklet and identity cards.
TheEdge24 Mar, 2026 13:06pm - 1 month

PETALING JAYA: Businessman Victor Chin Boon Long claims that ongoing investigations have resulted in widespread account freezes affecting individuals and businesses linked to him, including those with no direct involvement in the probe.
TheStar19 Mar, 2026 17:43pm - 1 month

Victor Chin Boon Long, who is entangled in 'corporate mafia' investigations, alleged that several accounts associated with him previously frozen by authorities have been “unfrozen” amid possible involvement of “high-level interference”.
TheEdge19 Mar, 2026 15:22pm - 1 month

Businessman Victor Chin Boon Long, snagged in ‘corporate mafia’ investigations, issued a public apology to Transport Minister Anthony Loke Siew Fook and former police chief Tan Sri Razarudin Husain. Chin said he apologised to Loke, expressing regret that photos of them at public events had been circulated and misused. He said he had met Loke at several events by MMAG Holdings Bhd (KL:MMAG) during his time as an executive director at the logistics firm.
TheEdge19 Mar, 2026 15:12pm - 1 month

KUALA LUMPUR (March 19): The Royal Malaysian Police has confirmed that businessman Victor Chin Boon Long, who is alleged to be involved in corporate manipulation linked to the Malaysian Anti-Corruption Commission (MACC), is currently abroad.
TheEdge19 Mar, 2026 14:37pm - 1 month

APART from control of the company, the boardroom tussle at NexG Bhd (KL:NEXG) is expected to revolve around a sum of RM303.7 million in expenditure incurred by the company between November 2024 and September 2025. The money was spent on the acquisition of a cybersecurity services compan...
TheEdge19 Mar, 2026 13:05pm - 1 month

DATUK Ishak Ismail, a well-known corporate player in the 1990s, is back on the scene, and his presence at NexG Bhd (KL:NEXG) seems to have ruffled the feathers of its board of directors. Raya Aviation Holdings Sdn Bhd — an air cargo company controlled by Ishak’s sons — became the larges...
TheEdge19 Mar, 2026 13:00pm - 1 month

(吉隆坡18日讯)NexG Bhd(KL:NEXG)宣布,随着7名董事离开了董事会,近期导致公司陷入亏损的股票投资巨额公允价值损失现已“结束”。
TheEdge18 Mar, 2026 20:55pm - 1 month

NexG Bhd (KL:NEXG) on Wednesday declared that the massive fair value losses from share investments that recently dragged the company into the red are now a "closed" matter, following a boardroom exodus that saw the departure of seven directors from the company after a brief power tussle.
TheEdge18 Mar, 2026 19:25pm - 1 month

(吉隆坡17日讯)MMAG控股(MMAG Holdings Bhd)(KL:MMAG)推迟宣布自去年10月以来冻结的几个银行账户,是因为这些银行账户并未对营运造成任何实质性影响。
TheEdge17 Mar, 2026 19:17pm - 1 month

Integrated supply chain management company MMAG Holdings Bhd (KL:MMAG) said it delayed announcing the freeze on several of its bank accounts since October last year, because it did not have any material impact on its operations. In a filing with Bursa Malaysia, it said the group’s operations continue smoothly, using unaffected bank accounts to meet its needs.
TheEdge17 Mar, 2026 18:47pm - 1 month

I, Victor Chin Boon Long, wish to state clearly and unequivocally that I am not a “corporate mafia” that has been portrayed in media reports, blogs, and various online narratives over the past few years.
TheEdge17 Mar, 2026 10:04am - 1 month

KUALA LUMPUR (March 17): Victor Chin Boon Long, the businessman entangled in the "corporate mafia" investigations, on Tuesday questioned the need to raid his properties after he cooperated fully with authorities.
TheEdge17 Mar, 2026 09:35am - 1 month