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IOU 249D, page-87

  1. kevin103
    16,348 Posts.
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    08/04/23
    13:05
    Post #: 67191846
    Just a terrible development for shareholders - an apparently B2B loans targeting SME in Malaysia can see funds end up loaned to Indonesian company?

    It was all contained in the December 2022 Quarterly and signaled the next phase of the fraud.

    How IOU continues as a business under the same crew I don't understand - this is not just a case of poor governance or negligence imo - i believe it goes much further. But who knows, whoever it is appears to be getting away with it..


    https://hotcopper.com.au/data/attachments/5185/5185536-e0883b9e1c96402632b86d65e90a36b8.jpg
    https://hotcopper.com.au/data/attachments/5185/5185537-c5eafbbfe7e91c7b71664646f1baaf0f.jpg

    https://hotcopper.com.au/data/attachments/5185/5185527-6b0b4657105e7633b3008ca72e76babe.jpg
    https://hotcopper.com.au/data/attachments/5185/5185530-adb2870b0518982b3bde6252a666d172.jpg
    Last edited by kevin103: 08/04/23
    IOU Price at posting: 4.1¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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