Going through the announcement by Fong Chan Onn that RM6.10 has been offered by a second contender for Nanyang Press Holdings and that the offer was via proxy offered by a solicitor.Any nincompoop will be able to decipher and guess that the actual buyer is no other than Tiong Hiew King.
You can rest assured that the actual price to be finally offered will be over RM6.50, which was already decided beforehand in cohort with Ling Liong Sik. The only consolation this time round is that the profits at least belong to Huaren Holdings.
From being a chivalrous "White Knight", and a true gentleman, during the former takeover of Sin Chew , Tiong has turned into a " Dark Knight " and has taken the form of a "wolf in sheep clothing".
But going through the whole fiasco, the actual perpetrators acting for both the dons, are their henchman - Ong Ka Ting representing Ling and C.C. Liew of Sin Chew (currently the executive director of Sin Chew and the former group editor of Sin Chew Group).
When the plans went awry, suddenly the worms have crawled back into the woodwork, leaving both the bigwigs to fend for themselves.
Let us hope that in this Sunday's EGM, morality and chivalry will prevail and let the delegates not be blinded by prevalent trend of money politics.
