tag:blogger.com,1999:blog-1604477176521753208.post4760208002556096047..comments2024-03-14T19:25:05.015+08:00Comments on SAKMONGKOL AK47: What is Khazanah’s end game?Ariff Sabrihttp://www.blogger.com/profile/04134536173557859031noreply@blogger.comBlogger34125tag:blogger.com,1999:blog-1604477176521753208.post-43856477755860116022010-12-22T20:08:10.825+08:002010-12-22T20:08:10.825+08:00This concept of getting government into business ...This concept of getting government into business through special investment arms has been tested and has been a failure. Just look at all those countries in the former Eastern Europe and many Third World Countries that have never graduated form their sttus. On one end you have Cuba and extreme example of how government funding of buseness has failed. Above Cuba you have the rest of the Third Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-46756940442651723122010-12-22T12:38:01.323+08:002010-12-22T12:38:01.323+08:00100k for Zam is way to much? I think he has to inc...100k for Zam is way to much? I think he has to increase to make him more valued above his big team of VPs and EVPs and what not..lanhttps://www.blogger.com/profile/10981509901805172666noreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-59737473300773494692010-12-22T12:37:16.715+08:002010-12-22T12:37:16.715+08:00MCKK guys are all over the place.. The help each o...MCKK guys are all over the place.. The help each other climb the corp ladder? hahalanhttps://www.blogger.com/profile/10981509901805172666noreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-17162139157197521002010-12-21T20:55:13.957+08:002010-12-21T20:55:13.957+08:00However one define a malay,looking at Nor Yakob I ...However one define a malay,looking at Nor Yakob I could never called him a malay.Indian muslim would be more appropriate.mohamednoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-78285735472184934812010-12-21T15:53:07.459+08:002010-12-21T15:53:07.459+08:00Dear Sakmongkol AK47,
As was argued by your goods...Dear Sakmongkol AK47,<br /><br />As was argued by your goodself on<br />21 December 2010 13:24, if the Khazanah's wealth was deemed to be under Bumiputra's control, then hasn't 30% or more of the corporate equity already been in the Bumiputra's hands? Isn't it the time for a frank and honest re-evaluation of the NEP?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-52638656627320364702010-12-21T15:27:03.389+08:002010-12-21T15:27:03.389+08:00why did they buy parkway for that hefty price to t...why did they buy parkway for that hefty price to those greenmailers if they are now paring down investment?<br /><br />i think nor yakcop will messed up khazanah in the same manner he messed up bank negara malaysia's reserveAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-57139063940773180642010-12-21T14:08:13.696+08:002010-12-21T14:08:13.696+08:00if boss of GLC gets paid 100k/month, is it for his...if boss of GLC gets paid 100k/month, is it for his own pocket or he's to "donate" some of his salary to "charitable" organisations? Banyak masuk, banyak keluar daaaaa....jhnoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-90755893965080559372010-12-21T13:56:00.369+08:002010-12-21T13:56:00.369+08:00Dato,
Indeed u have lost the plot & perhaps i...Dato,<br /><br />Indeed u have lost the plot & perhaps in the same process showing yr true self?<br /><br />‘lets not get obsessed by the 30% wealth ownership. focus instead on who owns the other 70%. don't use the 30% as bogeyman.’<br /><br />The obsession with THAT 30% arises bcoz that 30% was given freely on the back of a humanistic understanding of uplifting thy brother by the others.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-69884397707167556062010-12-21T13:24:22.433+08:002010-12-21T13:24:22.433+08:00rance,
you and others can continue thinking that w...rance,<br />you and others can continue thinking that way. that means, those shares held by khazanah cannot be counted as part of the 30% equity owned by Bumis. <br />i shall answer this issue later. in the meantime, lets not get obsessed by the 30% wealth ownership. focus instead on who owns the other 70%. don't use the 30% as bogeyman.Ariff Sabrihttps://www.blogger.com/profile/04134536173557859031noreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-59292490703426647302010-12-21T13:20:11.028+08:002010-12-21T13:20:11.028+08:00Dear Sak,
Khazanah is shall is say our Temasik Ho...Dear Sak,<br /><br />Khazanah is shall is say our Temasik Holdings. The job of holding shares on behalf of Bumiputras lies with PNB or that was what i thought.rancenoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-58779247066446430842010-12-21T12:18:59.643+08:002010-12-21T12:18:59.643+08:00Datok Sak. I think Ibrahim Ali and Perkasa should ...Datok Sak. I think Ibrahim Ali and Perkasa should have read your article with care and concern. This is the thing that Perkasa and Ibrahim Ali should LOUDLY SHOUTED OUT. Khazanaj has gone too much forsaking the Malays interest , no doubt about it. Najib Razak and his brother Nazir should be more sensitive not to allow this to happened. Wahat a weak leader do we have in Malaysia.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-11906123922631294452010-12-21T11:55:44.697+08:002010-12-21T11:55:44.697+08:00Dato,
I am alarmed, since when Khazanah is setup...Dato, <br /><br />I am alarmed, since when Khazanah is setup to hold assets for Malays and who says GLCs are held in trust for Malays?<br /><br />You want well being for the Malays to be taken care of properly. Hire a Chinaman to do it! <br /><br />That way I guarantee you, Melayu will forever be kaya brother. <br /><br />But along the way I take my 30% cut of any upside la, you keep 70%. Kalau Chinamannoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-89546859940192596722010-12-21T11:29:08.858+08:002010-12-21T11:29:08.858+08:00The government would welcome ideas, comments and s...The government would welcome ideas, comments and suggestions as to how to raise the billions for the implementation of the Economic Transformation Program. The question, though, is how many such big investors exist in the market and, even if you were to offer such deal, where would the money come from? And the answer to this is a bit scary. To put cash in the government coffers, do you sell Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-11412235064200681902010-12-21T11:27:12.088+08:002010-12-21T11:27:12.088+08:00Khazanah must only subscribe to a Malaysian Agenda...Khazanah must only subscribe to a Malaysian Agenda. It is a sovereign development and wealth fund for All Malaysians.<br /><br />By and large KNB has done well in developing an organisation to develop and manage assets under their portfolio.<br /><br />There have been some dodgy deals for sure and in some cases, one may even conclude that KNB has lost the plot somewhat. Nevertheless KNB has Flying Horsenoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-91782988093310085132010-12-21T11:13:43.873+08:002010-12-21T11:13:43.873+08:00‘The idea has always been a GLC holds shares on be...‘The idea has always been a GLC holds shares on behalf of Bumiputeras and somewhere along the line, there is a credible Malay entrepreneur who can take over the business, he should be given the chance. Hello- if you people must know, theer are many Malays out there whose name isn't Syed Mokhtar Bukhary.’<br /><br />Ya-loh, there r not that many Al-Bukharys, neither r there sufficient credibleAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-89791433771106730452010-12-21T10:53:15.753+08:002010-12-21T10:53:15.753+08:00Sak
It's a fair point you need to clarify - s...Sak<br /><br />It's a fair point you need to clarify - since when was Khazanah and GLC's meant to be there primarily for the furtherance of Bumiputra interests?<br /><br />My understanding has always been that Khazanah is the M'sian equivalent of S'pore's Temasik which is the circumstance under which Taxpayers' funds can be allocated for its activities.<br /><br />This is Donplaypuks®https://www.blogger.com/profile/14885751307558636916noreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-56208420998137698352010-12-21T10:42:59.355+08:002010-12-21T10:42:59.355+08:00Dato, I like reading your posts as you are able to...Dato, I like reading your posts as you are able to put forth your point without getting emotional. Like some in your party are wont to do.<br /><br />However for your article today, I have an issue. You say that Khazanah is supposed to hold companies in trust for Bumiputeras until a Bumi entrepreneur can take over; but how can that person be an entrepreneur in the first place if all he/ she did Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-20727403455374819882010-12-21T10:34:25.753+08:002010-12-21T10:34:25.753+08:00ONeMalaysian..
Vision & Mission:
Khazanah wi...ONeMalaysian..<br /><br />Vision & Mission:<br /><br />Khazanah will be regarded as a leading regional strategic investment house that drives superior corporate performance with high standards of achievement in sectors that are deemed strategic to the nation's economy. We are committed to building a globally competitive Malaysia by developing the right human capital and maintaining the Eric Mudasihttps://www.blogger.com/profile/01038967865585824511noreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-30136612991823882872010-12-21T10:03:20.048+08:002010-12-21T10:03:20.048+08:00Dear Sakmongkol
Earlier I took Syed Mokhtar as an...Dear Sakmongkol<br /><br />Earlier I took Syed Mokhtar as an example to illustrate the no-brainer ideas that these Bumiputras have i.e. to solely aim to buy government assets that are essentially income generating monopolies via high financial gearing, and justify such non-creative, non-value added paper shuffling as “increasing Malay wealth”.<br /><br />In StarBiz today we read of Ibrahim Zain OneMalaysiannoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-56884996140195312422010-12-21T08:43:28.766+08:002010-12-21T08:43:28.766+08:00Your true tail has come out.
You said Khazanah a...Your true tail has come out. <br /><br />You said Khazanah and GLCs are there to provide for Bumiputras because the money comes from the government.<br /><br />Looks like you have hijacked that company to be your own.<br /><br />Look, ANYTHING owned by government is owned by MALAYSIANS... PERIOD.<br /><br />So since you have made GLCs etc as bumiputra, surely the NEP is no more necessary. The Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-24196751795198887352010-12-21T08:34:30.785+08:002010-12-21T08:34:30.785+08:00Dato' Sak,
Please write about PNB too!!Dato' Sak,<br /><br />Please write about PNB too!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-84302713212922290282010-12-21T08:32:34.842+08:002010-12-21T08:32:34.842+08:00Dato,
What malay agenda are you talking about? It...Dato,<br /><br />What malay agenda are you talking about? It's every malay UMNO man for himself to bleed the coffers dry before the country becomes officially bankrupt. Everyone knows that Khazanah is a front for UMNO. Hence all decisions of Khazanah has a "ka-ching" tune going into the pockets of well connected malays. Thus in certain aspects, Khazanah does serve the malay agenda Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-89263998734601002102010-12-21T07:16:20.685+08:002010-12-21T07:16:20.685+08:00It appears that the demand for liquidity has start...It appears that the demand for liquidity has started in view of the decrease in the level of FDIs which indirectly diminish the growth of capital and the economic progress of the country.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-6416278420093461072010-12-21T00:47:43.221+08:002010-12-21T00:47:43.221+08:00Drucker once said the CEO should not be paid more ...Drucker once said the CEO should not be paid more then 20 times the entry level position...so its pure greed and rampant abuse to pay oneself 100k per month.<br /><br />Its easy to get Hays to do comparative studies and keep on escalating the salaries.<br /><br />Its a wonder why TM/Axiata with all the licenses,infra etc cannot be the absolute market leader.<br /><br />Just compare the Celcom &Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1604477176521753208.post-58611837380720416592010-12-21T00:39:27.476+08:002010-12-21T00:39:27.476+08:00There are two main problems here.
The first is we...There are two main problems here.<br /><br />The first is we have, calling the shots, a man who lost a minimum of RM 6 billion (others claim it was as much as 30 billion - we will not know as Dr.M put a lid on it) gambling on the forex markets while in Bank Negara Malaysia. Would you put Dracula in charge of the blood bank? Police reports aginst him about financial misdoings have been ingored.<brDonplaypuks®https://www.blogger.com/profile/14885751307558636916noreply@blogger.com