A China Press report today said a check with the Companies Commission of Malaysia (SSM) has revealed the five companies to be Mon Space (M) Sdn Bhd, Mon Space City Sdn Bhd, Mon Space Media Entertainment Sdn Bhd, Mon Space F&B Sdn Bhd and Mon Space Synergy Power Sdn Bhd.
They are listed as being involved in real estate, bonds and security, product sales, construction, as well as import and export.
The Mon Space Group was recently thrust into the limelight after Suasa Airlines, which it owns, flew from Kuala Lumpur to Langkawi without a permit – triggering a probe by the Malaysian Aviation Commission (Mavcom).
China Press quoted a SSM officer saying that companies generally register their businesses first, and they lie dormant before their business path is chartered and registered.
However, in the case of Mon Space, the five companies, registered between 2014 and 2015 without any capital or cash reserves, were listed under different names prior. This means they were old companies, taken over to be parked under the Mon Space group.
According to the Mon Space Group website, their companies cover the financial industry, food and beverages, real estate, telecommunications, entertainment, as well as e-commerce.
Yesterday, it was reported that the founder of Mon Space Group was Jessy Lai – a former associate of China national Zhang Jian, who had in 2014, created waves by claiming to be the “future world’s richest man”.
The 26-year-old was eventually arrested in Thailand after he was found running a multi-level marketing scheme that had conned people in China and Malaysia of millions of ringgit.
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