Dear Vasseti Zavarco shareholders,
William Du aka Kiat Wai Du, a shareholder and a director at Rapidcloud PLC (another Malaysian company) has just had their nominated advisor quit and their shares suspended from the London (AIM) stock exchange.
Links are here - Share Prophets
Proactive Investors
Mr Du is also a shareholder and director at Aries Telecoms fka V Telecoms which was stolen from the Vasseti Zavarco group during 2014. Mr Du launched a fund back in 2009 to invest in V Telecoms before it was taken public with Vasseti, Neither William or his fund investors were ever affected by the fraud which befell the shareholders at Vasseti Zavarco PLC. If you need a refresher further reading - Here
William is also behind Vertu Capital another LSE listed shell company that has done absolutely nothing for the last 2 and a bit years. More on that - Here
As always our thoughts are with the honest shareholder who will now more than likely lose their entire investment.
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.