QUOTE(soul2soul @ Aug 6 2009, 06:11 PM)
Do you actually have people working in PNB to make these wild allegations?
Seriously, I got friends who know the operation, and you can be certain that they do consult Securities commission and the lawyers to ascertain the legality of their investments. Each of the funds are being managed by a different team of Fund managers, and they are not stupid people like you think they are.
You need more information, not retarded comments.
I suspect you see PNB as your competitor , and you have a stack in Financial industry threatened by the overwhelming response to PNB funds.
soul2soul,Seriously, I got friends who know the operation, and you can be certain that they do consult Securities commission and the lawyers to ascertain the legality of their investments. Each of the funds are being managed by a different team of Fund managers, and they are not stupid people like you think they are.
You need more information, not retarded comments.
I suspect you see PNB as your competitor , and you have a stack in Financial industry threatened by the overwhelming response to PNB funds.
1) Are you OLD enough to know UEM reverse take over of Renong in 97/98?? If not, do a google and find out. Yes, securities commission suspended their rule to let it happened. And, the majority shareholders of UEM are the GLIC like EPF, PNB and so on.
I invested in UEM. I lost my money in UEM. From then on, I promised myself not to invest on ANY GLC or GLIC.
2) I believe bumi should invest in ASB. I believe non-bumi that invested in ASx to be "running dogs". They voted for this government with their money in spite of what is going on lately. So, if those non-bumi lose their money, they deserve it. I am biased. I believe people should vote with their money along with their belief. They CANNOT say they do not support the government but still give the government more money.
3) If you go back long enough, you will find that in every Malaysia recession over the past 30 years, the same thing like (1) happened.
Dreamer
This post has been edited by dreamer101: Aug 6 2009, 07:13 PM
Aug 6 2009, 07:08 PM
Quote
0.0512sec
0.22
7 queries
GZIP Disabled