Complaints will be made to ROC if MCA leaders fail to explain their
roles in Aik Hua Holdings and other MCA-sponsored investment companies
by Ronnie Liu Tian Khiew
(Petaling Jaya, Wednesday):
Thousands of Aik Hua Holdings shareholders were in the dark for
years as the Selangor MCA-sponsored company failed to send its annual report
or inform the shareholders of its status. Shareholders of other
MCA-sponsored holding companies faced similar predicament, as they too have
received any news or updates from their respective investment companies.
Both current and former MCA leaders shy away from answering questions from
the shareholders (who were mainly MCA members and supporters).
The Selangor DAP office in PJ have received more than sixty complaints from
shareholders over the past one week. DAP offices in other states also
received many complaints from the shareholders of these MCA-sponsored
We have given one week for both current and former MCA leaders to throw some
light on the status of these investment companies but to no avail. The only
MCA leader who gave an answer on the matter was Donald Lim but his reply was
far from satisfactory. Lim Claimed that he, as a new MCA leader, knows
nothing about the matter and he wanted Datuk Lee Kim Sai and other former
MCA leaders to answer questions raised by the DAP and the shareholders.
We now give another one week to Datuk Seri Ong Ka Ting and other MCA top
leaders to explain their role in these investment companies. They have the
obligation and political responsibility to assist the shareholders since
all these companies were set up with their direct involvement and blessing.
We will bring the matter to the Register of Companies if Ong fails to come
forward to assist the shareholders, who were mainly his party members and
Under the laws, it's an offence if the directors of these investment
companies fail to present their annual reports with financial statements and
conduct annual meetings with the shareholders.
* Ronnie Liu Tian Khiew, DAP national Publicity
secretary and Selangor State Chairman