Fighting Cock (written year 2007)
Ten years ago I worked in a Public Listed Company (PLC)
As the Group Financial Controller, I was having a good time
After a short while there was an insider shareholder fight
To take control of the company
The new shareholder paid RM58 Million to take control
But he only control 20% of the share
The hostile party still held more than 30%
And the hostile party was the one who sold the 20%
To the innocent party who was given empty promises
He could not do the corporate restructure and exercise
To inject his assets and projects into the PLC
Under the carpet were tens of millions of losses
Not disclosed but discovered by me
I was employed by the new innocent shareholder
It was too late and there were many court cases
Suing against each other and counter suits
The hostile party with RM58 Million cash
Was angry with me for discovering the losses under the carpet
With so many court cases between the bosses
The PLC auditor was also implicated
For not disclosing the unseen losses in the audited accounts
After some time the auditor of the PLC said to me
The hostile party is a Fighting Cock
The new innocent party cannot fight with him
Some people use dirty money to suppress people
This we often see in the corporate world as well as in our daily life
I was also implicated by the hostile party
He too took me to court for small matter
Just because I was the one who discovered the losses
But through this I have learned a lesson and matured fast
When you are threatened physically and mentally
Those who innocently trying to earn a living crossed his path
In this PLC will similarly get threatened by the hostile party
Just because he has tens of millions in his pocket
But this is actually not his money
I just pitied everyone involved in this case
But a bitter lesson learned can be very useful later on
When you meet a Fighting Cock
It is better not to get involved
Because they will never let you go
They will fight and fight
Just like a Fighting Cock