Not according to the Vertu Capital Limited listing prospectus, it states that,
"Currently, there are no plans, arrangements or understandings with any
prospective target company or business regarding the Acquisition "
So, let's look at some of the facts -
The name of William Du's newly listed acquisition company is Vertu Capital Limited.
Its ticker symbol on the LSE is VCBC which sounds an awful lot like VCBCapital the company that they are considering buying ... does it not ??
The personalties of VCB Capital are all very closely linked to William Du.
CEO of VCB is Roslina Binti Ibrahim and we believe is the mastermind behind this entire fraud.
She is currently a Director at Aries Telecoms PLC this is the alleged holding company of Aries Telecoms Berhad and was just recently successfully blocked from relisting on the London Stock Exchange.
She has been a director at Zavarco PLC (fka Vasseti PLC) from 25 Nov 2013 until 29 June 2014. She resigned just before the telco asset V Telecoms was stolen from the holding company.
She has been a director at Open Fibre Sdn Bhd another key company named at the heart of the ongoing fraud proceedings by the shareholders.
She has also been a director at Zavarco Berhad (fka Vasseti Berhad) from 19 Aug 2013 until 29 Aug 2014. So, she was the director of this company before and after the misappropriation of V Telecoms.
VP at VCB is Shailen Gajera aka Shailen Popatlal -
He too appears to be at the heart of all those legal proceedings for the fraud against the shareholders of Zavarco PLC.
He was the CTO at Paneagle Communications. Paneagle was renamed to V Telecoms.
He was Vice President for V Telecoms.
He is named in the Malaysian legal proceedings as being the beneficial owner of the following companies. Which in turn are listed as major shareholders in Zavarco PLC and Open Fibre Sdn Bhd.
Primawin Limited (BVI Company)
China Finance Limited (Samoa Company)
Arab Emirates Capital Limited (BVI Company)
Again all these companies are incorporated in countries with strict privacy laws and this appears to be a growing trend for these people to make sure they are concealing their identities.
William Du aka Kiat Wia Du -
He is a Director at V Telecoms (nka Aries Telecoms) since 2010 which again is at the heart of the Vasseti Zavarco PLC fraud.
His V Telecoms fund (Ingenious Growth Fund) and its investors don't seem to have been affected or have any complaints about being defrauded from the misappropriation of V Telecoms.
The Vasseti Group was sold to investors as an opportunity rarely seen since the likes of Microsoft. Sold to investors as a premier group of companies made up of mergers & acquisitions, listed on the Frankfurt Stock Ex. and backed by Tan Sri Syed Yusof Nasir, what could possibly go wrong... The reality turned out to be very different. Theft, fraud, deceit, lies and unimaginable greed, eventually led to all investors losing their entire investment.