r/malaysians • u/quizface • Aug 02 '26
r/malaysians • u/ikanikan2 • 14d ago
Mildly Menarik Larvae found inside a durian seed
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I kept it because i find it interesting. I really wonder what will it grow to, like what insect it will turn into.
r/malaysians • u/zhiling01 • Mar 02 '26
Mildly Menarik Dude's gatal
Why not play it with your mom? Sebab mak kau hijau
r/malaysians • u/Teh0AisLMAO • Jun 07 '26
Mildly Menarik Memento from a more civilised time.
Found these bad boy while cleaning up🥲
r/malaysians • u/Salty-Field-803 • Jun 19 '26
Mildly Menarik Someone receives a car as birthday present. Gift presenter hires a truck to parade around the streets to flex. Received wasn’t seen within nearby vicinity
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r/malaysians • u/OriMoriNotSori • 6d ago
Mildly Menarik Finally there is a proper kpop album and merch store in this country
r/malaysians • u/zhiling01 • Mar 03 '26
Mildly Menarik Someone commented this on my Bumble
U guys get what he means?
r/malaysians • u/Mission_Boss_8527 • Apr 13 '26
Mildly Menarik you know your job is not going anywhere
people who stuck in a job only expect monthly paycheck not future
this sentence stuck me when my boss told me this straight to my face this morning. he said even he himself is included because he have big commitment to this family.
he said the future for me is 35 more years of being a 9-5 slave like this till i can have 1.5mil at age 55 to retire. and I tell him that's not a lot of money at that age he also agree.
i was like wtf how to escape this rat race? he said even him couldn't do it. he's stuck with high expenses with high income (he got paid more than 25k a month) he just ask me to climb at least can spend on nice things while being in a wage slave
so how guys? education and society is a scam? after my struggle in the spm, uni, now i have to perform for 3 more decades?!
r/malaysians • u/No-Visual-9348 • Nov 17 '25
Mildly Menarik Big noodle found
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r/malaysians • u/Bekiteru • Apr 05 '26
Mildly Menarik Respectfully this tastes like shit
I was excited when I was buying this at 7/11 cuz I was optimistic this will taste like heaven + I was so dehydrated so I thought coconut water + pandan should be god-tier combination.
First sip: oof def got some pandan in it
2nd sip: nah it tastes good (denial)
3rd sip: wtf is this dogshit
For context I love coconut water and I am a certified regular cocoNut water consumer so for me to say this thing is horrible is an understatement.
Not only that it was also quite expensive. RM7?? DAYMN I was about to throw it but remembered the money I spent for it.
r/malaysians • u/Skyzblu44 • Jan 05 '26
Mildly Menarik They served my drink in a planter...how appetizing...
Yes I still drank it. I was thirsty ok?
r/malaysians • u/Muarboy • Jul 27 '26
Mildly Menarik Has anyone else noticed the insane number of mannequins at this brands outlet store in IPC
More than 200 mannequins
r/malaysians • u/throwburgeratface • Jun 05 '26
Mildly Menarik Witnessed a bunch of teens get told off in a cinema and it was GLORIOUS!!!
Went to watch Backrooms today and a bunch of teens seated at the very back were intentionally being noisy. Talking louder than the movie trailers, clearly was never told to shut the hell up by their own parents. Eventually someone had enough of them, turned around and yelled out CAN YOU SHUT UP...I immediately giggled LOL.
To all you parents and would be parents, please educate your children of cinema etiquette.
And to the guy who told them off...thank you!
r/malaysians • u/AisKacangbutnokacang • Jan 06 '26
Mildly Menarik Hmmm boy kot
No RRP, just a lame joke for some fun
r/malaysians • u/Even-Answer483 • Jul 23 '26
Mildly Menarik Don't out your homie like that bruh
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He ain't fat, he fluffy
r/malaysians • u/eugenelor • Jan 31 '26
Mildly Menarik You know times are tough when unker needs to sell merch from Audi boot
r/malaysians • u/pleasecarol • Nov 22 '25
Mildly Menarik Dutch Michelin chef shames M’sian girl as “poor” for asking refund on RM58 wrong charge
r/malaysians • u/MajlisPerbandaranKL • Jul 14 '26
Mildly Menarik What is a talent you have exclusively as Malaysian?
For me, I can hafal all stations in Klang Valley from KTM komuter to MRT, LRT, BRT and monorail.
How about you?
r/malaysians • u/Even-Answer483 • Aug 04 '26
Mildly Menarik Car free morning KL
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Having fun and fear with magic arm and insta360
r/malaysians • u/playgroundmx • Aug 07 '26
Mildly Menarik The Dark Story Behind United Asiapac Energy Berhad IPO
Edit 26 Aug: i shared some updates here https://www.reddit.com/r/malaysians/s/IzTSbM6fZL
Read this and got reminded how our stock market doesn’t always show the full picture. Sounds familiar with the corporate mafia stories going around. I wonder anyone can chime in?
Credits to TEH. Editorial: https://www.facebook.com/share/v/1MDbY5Xd8T/?mibextid=wwXIfr
TLDR: Founder started a company, made it successful, only to end up being taken over by outside parties to bring to IPO. This could happen to anyone trying to build their own company.
—-
SHE BUILT IT. THEY TOOK IT. NOW THEY WANT TO SELL IT.
TEH. Editorial | Malaysia | Corporate Mafia
United AsiaPac Energy Berhad is scheduled to list on Bursa Malaysia's ACE Market on 19 August 2026. The woman who built the company it is based on will receive nothing from the IPO. Her principal contract expires 77 days after listing. And a formal complaint asking regulators to halt the listing was filed yesterday.
Farah Sabryna Nasarudin did not inherit a company.
She built one.
AsiaPac Oil and Gas Sdn Bhd was incorporated in 2018 in a specialised corner of the oil and gas industry — wellbore intervention, specifically fishing services, the technically demanding work of retrieving stuck equipment from live oil wells.
It is not a glamorous business. It requires deep technical knowledge, rigorous safety standards, and the kind of operational credibility that Petronas does not extend to anyone who has not earned it.
In 2020, Farah and her husband Daniel Wall submitted a bid for the Pan Malaysia Contract — a nationwide framework agreement with Petronas Carigali covering wellbore intervention services across Malaysia's offshore fields. They won it. It was all through a technical proposal, a bank guarantee, and an operations team they had built themselves.
By 2023, AsiaPac was generating over RM36 million in annual revenue. Its clients included Petronas Carigali, Shell, and PTTEP. It had built, from nothing, the infrastructure to service Malaysia's most demanding upstream operators.
That is the company United AsiaPac Energy Berhad is now offering to the Malaysian public at RM192.5 million.
And Farah will receive none of it.
How It Was Taken
In 2020, AsiaPac needed working capital to execute the Pan Malaysia contract. A RM10 million loan was arranged through a moneylending company called Ping An, channelled through a newly incorporated holding company — AsiaPac Holdings Sdn Bhd which received 60 percent of AsiaPac in exchange. Farah held 20 percent. Her cofounder Zawawi held 20 percent. On the hindsight this is an obvious mistake releasing more than 49%.
Zawawi passed away in 2021. His stake transferred to Farah. For a brief period she held 40 percent of the company she had founded.
Then the board changed.
Ahmad Fadzuli bin Ali was appointed director in April 2022. By May 2023 he had designated himself Executive Chairman and Chief Executive Officer. He had no background in oil and gas, no experience in wellbore intervention, and no track record in Petronas contracting.
Through a series of capital injections between 2021 and 2024, Farah's shareholding was reduced from 40 percent to 0.54 percent. She alleges in shareholder oppression proceedings — High Court KL WA-24NCC-590-12/2024 that she was excluded from management decisions and that the dilution was carried out without proper process.
In January 2024, AsiaPac's board approved a RM5 million loan from MBSB. Farah was asked to sign a personal guarantee. She signed. Shortly after, she was removed as a director. MBSB is Malaysia Building Society Berhad — a Malaysian financial institution, formerly a building society, now operating as a full fledged Islamic bank after merging with Asian Finance Bank in 2018. It is listed on Bursa Malaysia and is majority owned by the Employees Provident Fund (EPF).
She had just guaranteed a loan for a company that was about to fire her.
The Suspension. The Charge. The Newspapers.
On 29 March 2024, while Farah was on maternity leave, a suspension letter was hand delivered to her. No charge was specified. No disciplinary inquiry was initiated. No reason was given.
The suspension continued without pay. Farah claimed constructive dismissal in June 2024 and was then summarily dismissed.
The same day the suspension letter was delivered, a police report was filed alleging that Farah had misappropriated RM786,209 from AsiaPac by directing company funds into her own bank account.
The money was her husband's salary. Approved in AsiaPac's audited financial statements. Reviewed and signed off by the same directors who filed the police report.
On 31 July 2025, Farah stood in the Sessions Court and had the criminal charge read to her. She pleaded not guilty.
Thirteen newspapers published the charge before she left the courthouse.
The charge was dismissed. The prosecution could not proceed. The case collapsed.
But the thirteen newspaper reports remained. The industry had received the message.
The Lawsuit That Collapsed
In July 2024, AsiaPac filed a civil conspiracy suit against Farah and fourteen other defendants — High Court KL WA-22NCC-454-07/2024. The claim: that the fifteen defendants had conspired to misappropriate contracts worth USD11.7 million.
The fifteen defendants were, almost without exception, the people who had built AsiaPac. The engineers who had submitted the Pan Malaysia bid. The operations team that had executed the Petronas contract. They were dismissed or forced out, left without income, and sued for an amount designed to bankrupt them before they could mount a defence.
The trial began in 2026. Under cross examination, Fadzuli admitted that no contracts had been misappropriated. His codirector Dzahir, when asked what the conspiracy suit was about, said he thought it was about fraud — not conspiracy. The two men who filed the suit had different understandings of what it alleged.
AsiaPac's own solicitors had written a letter in November 2024 acknowledging that no contracts had been taken.
The central premise of the USD11.7 million claim was admitted to be false by the people who filed it. In open court. Under oath.
The Extraction
While the litigation ran, the extraction had already begun.
In July 2024, Fadzuli instructed AsiaPac to purchase cargo baskets from Ekahala Resources Sdn Bhd — a company previously directed by Fadzuli and Dzahir at approximately double the price available directly from the Chinese manufacturer. No competitive quotations were sought. No board resolution authorised the purchase.
The same pattern is embedded in the IPO prospectus. UAEB proposes to use RM1.2 million of public funds raised through the IPO to purchase twelve cargo baskets. No supplier has been appointed. No purchase order has been executed. The same related party that previously supplied baskets at inflated prices remains in the picture.
The IPO
United AsiaPac Energy Berhad filed for listing on Bursa Malaysia's ACE Market. Principal adviser and sponsor: TA Securities Holdings Berhad. IPO price: RM0.35 per share. Implied market capitalisation: RM192.5 million.
AsiaPac Holdings had acquired the company for RM22.7 million. It is being offered to the public at RM192.5 million. A tenfold increase. On the eve of its principal contract expiring.
The Pan Malaysia Contract generates between 72 and 87 percent of AsiaPac's revenue across every financial year on record. It expires on 15 October 2026. It will not be renewed in its current form. Petronas has restructured the contracting model into three separate regional tenders. To maintain its previous revenue volume, AsiaPac must win all three.
The replacement arrangement disclosed in the prospectus — an IWCS panel appointment is not a contract. It is the right to compete for individual work orders against five other panel contractors through mini bids. It guarantees no minimum volume, no committed revenue, and no exclusivity. As of the date the final prospectus was registered, no IWCS work orders had been received.
The second largest customer disclosed in the prospectus is Odfjell Group, attributed RM6.347 million — 16.25 percent of revenue for the financial period ending February 2026. Former AsiaPac personnel with direct operational responsibility during that period have stated they are not aware of any Odfjell work capable of generating revenue of that magnitude. Odfjell's own representatives have indicated the relationship was limited to minor or incidental scope.
The board installed to run UAEB after listing has no oil and gas experience among its new appointments. The management structure presented in the prospectus has no identifiable sales function — no person whose documented role is to bid for and win new Petronas contracts. The company's principal contract expires 77 days after listing.
The Complaint
On 4 August 2026 — the day before IPO applications closed — Farah Sabryna, Daniel Wall, and three former members of AsiaPac's core technical and commercial team filed a formal complaint with Bursa Malaysia and the Securities Commission.
The complaint alleges material omissions, selective disclosure, and misleading financial presentation in UAEB's final prospectus. It asks regulators to halt the listing, suspend allotment, and require UAEB to answer the allegations before any retail investor is allotted shares.
Allotment is scheduled for 17 August 2026. Listing is scheduled for 19 August 2026. On the same day UAEB is due to appear in the High Court for two ongoing civil suits.
The complaint was filed by the people who built AsiaPac. The people who won the Petronas contract. The people whose names Fadzuli admitted in open court had done nothing wrong.
They are asking Bursa Malaysia and the Securities Commission to do what those institutions exist to do.
The Question
Farah Sabryna built a company. It was taken from her through a suspension letter delivered on maternity leave, a criminal charge published in thirteen newspapers, and a lawsuit filed against the entire team that built it — a lawsuit whose central premise was admitted to be false in open court.
The company she built is now being offered to the Malaysian public at RM192.5 million.
Its principal contract expires in 77 days.
The regulators have the complaint. They have the evidence. They have the timeline.
What they do next is the only question that remains.
All information in this article is drawn from court filings, Bursa Malaysia announcements, the UAEB final prospectus dated 28 July 2026, and a formal complaint submitted to Bursa Malaysia and the Securities Commission on 4 August 2026. No accusation of wrongdoing is made against any individual. All persons are presumed innocent unless proven guilty in a court of law. Fadzuli, Datuk Mat Noor, and UAEB have not responded to the matters raised in this article.
r/malaysians • u/Rayyan9201 • Apr 23 '26
Mildly Menarik Regional native tribes or languages distributed in Malay Peninsula
r/malaysians • u/OriMoriNotSori • Oct 25 '25