isn't the wiring word done by Indon / Bangla these days?

New Board of Directors

SP Setia...?

seriously wat bother me is.... despite the land banks he still sell off the co., meaning to say he is converting "property" into cash, and then start small (relatively).

maybe he foresees bubbles?? sigh...

If your mindset set to bangla or indon, U will never know what is quality.

Its already expected la.

This perbadanan Nasional think they can buy success from other people like what RHB did with UMBC, Bank Bumi did with Southern Bank ah? You need to earn it one.

And its obvious la even though Setia is a multi racial co, Perbadanan will flood Setia with the majority pipu (u know who la)...

Last time when Boustead bought over BP's petrol station biz and turn it into BHP, they promote all their own people, leaving existing personnel cause massive exodus..

All the Setia must be going to Ecovest.

walao how come u 2 know wan.. u 2 also work there?

ytd night my bro family came back home to have dinner with us. sis-in-law told us her workplace story.

her kompeni is 1 of the big property developer in msia. her big bos resign already and the kompeni staff 200+ over ppl also resign want follow him to new company. most of these 200+ ppl are the brains and backbone of the company with senior & critical positions.

here's the thing. my sis-in-law also plan to resign. the HR managers (manager & asst manager) last day end of the month. she plan to tender on 1st feb. reason being, they couldnt find any replacement for both the HR managers.. so they ask the HR executives to be step-in manager until they hire someone. This HR executive is quite noob.. so my sis-in-law very much confident that her last day will be very easy, such as she can cut short the notice period, she can claim a lot of things (cos got rule say tender liao cannot claim), etc hr procedures.

the company is basically in a mess cos the old-timers are leaving.. only the new generation remains. i wonder how the company operation will be like after everyone finish serve notice already (in fact even now can see things got stuck and roadblocks already).

then i say la "not good la like this.. kesian the HR junior... i doubt u can bypass the system la cos HR procedures in place dy" then she say "currently got 200+ ppl tender already... once the HR manager leave.. u can see more ppl tender.. because everyone is talking abt using this taktik cos the HR manager very mafan wan.. so they will wait til the manager leave and tender"

itu saja my story

Its not my mindset but the general perception that the construction industry is heavily reliant on foreign (cheaper) labour.  Granted some more technical areas requires people with higher skills.

Perhaps SP Setia employs qualified 'Wire Men' to do the wiring.  But this is hardly a competitive advantage.  In Property, key success factor is Land Bank.  Unless PNB screwes up BIG TIME, Setia Walk, Setia Eco Park will continue to draw buyers in the future.

You cannot make Land.  Granted Liew will have connections to get Land but will the location be as good?  Granted he had foresight to buy the Land from See Hoy Chan back then but to replicate such success again will not be so easy.

SP Setia was relatively a mid-sized developer in Puchong.

Some years ago, they bough a huge piece of Oil Palm Land on the way to Klang from See Hoy Chan.

At that point in time, some people said

1) See Hoy Chan made good profits from selling the Land to SP

2) SP sees something that See Hoy Chan did not

This project was the turning point of SP Setia.

Point to note - Never Sell <Land / Products> to your competitor.

Its not my mindset but the general perception that the construction industry is heavily reliant on foreign (cheaper) labour.  Granted some more technical areas requires people with higher skills.

Perhaps SP Setia employs qualified 'Wire Men' to do the wiring.  But this is hardly a competitive advantage.  In Property, key success factor is Land Bank.  Unless PNB screwes up BIG TIME, Setia Walk, Setia Eco Park will continue to draw buyers in the future.

You cannot make Land.  Granted Liew will have connections to get Land but will the location be as good?  Granted he had foresight to buy the Land from See Hoy Chan back then but to replicate such success again will not be so easy.

lel employees bodo
director still earn his divident ,share,
but employee still got peanut
lel
bodo

There is this Mid Valley project which GDv is huge. Setia Alam is nearly fully developed and so is Setia Walk.

Liew is a smart person. The See Hoy Chan deal was a steal if we look at it now but initially everyone said it was a bad decision. Remember phase 1 of SA had settlement issues where many houses had cracks. Liew foresight was instrumental in getting SA back in track then. He managed to problem well..and now as we know it SA is a big success.

IMHO, itst he vision and planning of SA which made it as it is today and that can only be credited to Liew and his team. Well thought out Master Plan.

i was not arguing on Liews foresight

in general what im saying is this, what happen to Liew in 90-96 is akin to any /k/tard with some experience walking into top glove and asking "eh bro u got CEO job ar" and get it.

if you ask me that doesnt sound entirely right

i was not arguing on Liews foresight

in general what im saying is this, what happen to Liew in 90-96 is akin to any /k/tard with some experience walking into top glove and asking "eh bro u got CEO job ar" and get it.

if you ask me that doesnt sound entirely right