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> company director resign, 200+ ppl follow him, everyone boikot kompeni liao

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tankerbell12345
post Jan 22 2014, 01:56 PM

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200+ wolves moving into new establishment ?
junky_man
post Jan 22 2014, 01:59 PM

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Nama saja SP Setia, tapi perkerja tak setia!

cfa28
post Jan 22 2014, 01:59 PM

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QUOTE(junky_man @ Jan 22 2014, 01:59 PM)
Nama saja SP Setia, tapi perkerja tak setia!
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to the contrary, they are very SETIA to the CEO of the company.


chinozsoul
post Jan 22 2014, 02:00 PM

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QUOTE(gladfly @ Jan 22 2014, 01:44 PM)
I think its a rather vague statement there with racial connotations. Bank Bumi (CIMB) today is a success..and same like Maybank (Founder is a Chinese). It all boils down how the co will be managed. If they take the UEM + Sunrise route = all aint too well...

By the way..ekovest is different co bro..rumour is that Liew is heading to Eco World.
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not a rumors but confirmed already

this still a hot news.it just yesterday.good reading as well

http://www.thestar.com.my/Business/Busines...-long-SP-Setia/
Haters_Gonna_H8
post Jan 22 2014, 02:00 PM

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200+ ppl dont want to work with PNB . hahahaha
+3kk!
post Jan 22 2014, 02:01 PM

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QUOTE(cfa28 @ Jan 22 2014, 01:55 PM)
Yep, he has a Grand Vision for Setia Alam and Setia Eco Park, Thought there should still be land enough to develop for > 5 years.
I thought Liew inherited the Company from his dad.  SP Setia developed Pusat Bandar Puchong and build their good track record from there. Of course, Setia Alam / Setia Eco Park was their turning point.
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nope, his dad was a truck driver.

QUOTE(gladfly @ Jan 22 2014, 01:55 PM)
Ah..that ah...I know the background. All I can say his experience as a banker made him a very shrewd person. When he bought and merged the 2 companies to become SP today...masterstroke..
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yea thats the part i was talking about, theres something there i have never found out what it was. needless to say it has always been an open question to me
junky_man
post Jan 22 2014, 02:02 PM

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QUOTE(cfa28 @ Jan 22 2014, 01:59 PM)
to the contrary, they are very SETIA to the CEO of the company.
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Haha, i know. ready the story that they are building another company: Eco World.
gladfly
post Jan 22 2014, 02:03 PM

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QUOTE(cfa28 @ Jan 22 2014, 01:55 PM)
Yep, he has a Grand Vision for Setia Alam and Setia Eco Park, Thought there should still be land enough to develop for > 5 years.
I thought Liew inherited the Company from his dad.  SP Setia developed Pusat Bandar Puchong and build their good track record from there. Of course, Setia Alam / Setia Eco Park was their turning point.
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Liew bought over 2 companies, one of them today is a family owned business which is quite successful in Klang Valey
HaN18
post Jan 22 2014, 02:04 PM

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QUOTE(chokolato @ Jan 22 2014, 11:30 AM)
walao doh.gif how come u 2 know wan.. u 2 also work there?
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i thought this news very long d
99FoxDemon
post Jan 22 2014, 02:05 PM

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QUOTE(tankerbell12345 @ Jan 22 2014, 01:56 PM)
200+ wolves moving into new establishment ?
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they so confident that all 200+ staff will get job there. laugh.gif
SUSTY-TY
post Jan 22 2014, 02:05 PM

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QUOTE(Haters_Gonna_H8 @ Jan 22 2014, 02:00 PM)
200+ ppl dont want to work with PNB . hahahaha
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actually need 35% / 65% bumi allocation needed , so
Liew & geng (family) have to pigi. ohmy.gif
SUShighlowyat
post Jan 22 2014, 02:06 PM

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SP tak setia
Ichibanichi
post Jan 22 2014, 02:06 PM

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QUOTE(cfa28 @ Jan 22 2014, 01:43 PM)
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.
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If your interpretation is just onto things must done with bangla/indo so that you can reap big profit, you just looking into own small pocket without leveraging future income.

SP Setia success not because of Land Bank (If you don't understand, please look at iPhone sold by Apple). They managed to turn low value land to high value land by selling conceptual ideas and deliver to customer as what being promise in the 1st place.

I still hold their 1st MasterPlan (they really delivered what they said for 1st and 2nd phase buyer).

Tell me which developer beside SP Setia who really put alot of effort to build city inside green lung??
cfa28
post Jan 22 2014, 02:08 PM

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QUOTE(gladfly @ Jan 22 2014, 02:03 PM)
Liew bought over 2 companies, one of them today is a family owned business which is quite successful in Klang Valey
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QUOTE(+3kk! @ Jan 22 2014, 02:01 PM)
nope, his dad was a truck driver.
yea thats the part i was talking about, theres something there i have never found out what it was. needless to say it has always been an open question to me
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Okay. My ex-coliq told me a different story many years ago. Learn something new today.

But I am sure that Liew already saw today coming when PNB 'took-over SP'. Heard that the takeover was very unfriendly and it was only a matter of time for the Wayang Kulit to play out.


Black Red
post Jan 22 2014, 02:10 PM

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QUOTE(IluvProton @ Jan 22 2014, 01:28 PM)
sp setia soon will be the fallen one  laugh.gif
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no more no.1 best employer. tongue.gif
SUSedmunz
post Jan 22 2014, 02:10 PM

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QUOTE(highlowyat @ Jan 22 2014, 02:06 PM)
SP tak setia
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yalah.. yalah.. meleis banyak setia.. u happy?
Hanford
post Jan 22 2014, 02:10 PM

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Puan kangkung nak 'makan' SP Setia bcoz rich
cfa28
post Jan 22 2014, 02:12 PM

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QUOTE(Ichibanichi @ Jan 22 2014, 02:06 PM)
If your interpretation is just onto things must done with bangla/indo so that you can reap big profit, you just looking into own small pocket without leveraging future income.

SP Setia success not because of Land Bank (If you don't understand, please look at iPhone sold by Apple). They managed to turn low value land to high value land by selling conceptual ideas and deliver to customer as what being promise in the 1st place.

I still hold their 1st MasterPlan (they really delivered what they said for 1st and 2nd phase buyer).

Tell me which developer beside SP Setia who really put alot of effort to build city inside green lung??
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If SP Setia had no 'Land Bank' there will be no 'Master Plan / city inside green lung' to speak off. Don't get me wrong, I give full credit to Liew for his Vision and Drive.

Lets see whether he can replicate it in Eco World.
pgsiemkia
post Jan 22 2014, 02:16 PM

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QUOTE(gladfly @ Jan 22 2014, 01:55 PM)
Ah..that ah...I know the background. All I can say his experience as a banker made him a very shrewd person. When he bought and merged the 2 companies to become SP today...masterstroke..
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With a little help from MCA bi-wigs and the king of parody (who's in the opp. now). Both of them invested heavily into Puchong after mamak king's vision of turning Putrajaya and Cyberjaya into reality..

A banker without heavy connections and role as proxy will still be a banker.

noien
post Jan 22 2014, 02:17 PM

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QUOTE(+3kk! @ Jan 22 2014, 12:53 PM)
the time line is a question

liew quit the bank in 1990, he joined SP Setia in 1996, pusat bandar puchong was founded in 1994. when he joined SP, it had a market cap of 800mil

now think of it, this guy in 6 years, went from a failed banker to the CEO of a company with 800mil market cap.

its like someone dropping a RM2mil lottery on your lap
not all bankers get that connection also
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yup.
he is the one who manage those VIP or VVIP account

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