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company director resign, 200+ ppl follow him, everyone boikot kompeni liao
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+3kk!
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Jan 22 2014, 02:17 PM
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QUOTE(cfa28 @ Jan 22 2014, 02:08 PM) 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. i heard some rumours la, but like any rumour well its best kept for mamaks to be fair, i think its less hostile than what the papers made it up to be. Liew had ample time to plan, PNB even gave him an opportunity to build up another competitor and leave. i mean media aside, it doesnt seem like a hostile takeover where things are really bad and ugly.
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gladfly
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Jan 22 2014, 02:20 PM
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QUOTE(cfa28 @ Jan 22 2014, 02:12 PM) 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. Yes part of your point is true hence I didn't really refute it. But land bank its not be all end all..look at Talam. They used to have the most land bank in KL..yet they ......? I am not trying to glorify SP or Liew..heck their workmanship is not really top class. But take nothing from how Liew manage to market and package SP products... Smart bugger isn't he? The closest rival I can think off Alan Thong for Mont Kiara..even after Micheal Yam took over Sunrise as CEO is no match to how Liew position SP.
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SUSNismoConcept
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Jan 22 2014, 02:22 PM
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Getting Started

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QUOTE(kalandra @ Jan 22 2014, 01:01 PM) But people are not nuts and bolts, they aren't mass produced with equal qualities. If the current batch who are leaving are best of their field, then can SP Setia find someone who can replace their shoes? Like I said, it may slow down the com for awhile, and it could never kill off the com. Like the example that I posted earlier, my ex-com hired 2 new employees to take over my tasks. Hired 1 cannot kaw tim, hired another. There is always more than 1 way of running business
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cfa28
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Jan 22 2014, 02:22 PM
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QUOTE(+3kk! @ Jan 22 2014, 02:17 PM) i heard some rumours la, but like any rumour well its best kept for mamaks to be fair, i think its less hostile than what the papers made it up to be. Liew had ample time to plan, PNB even gave him an opportunity to build up another competitor and leave. i mean media aside, it doesnt seem like a hostile takeover where things are really bad and ugly. PNB ppl believed in Porter's theory that with Land being a Finite Asset, Liew can never be a threat to them. Plus PNB also thinks that since the days of Sime Darby, etc, they have ample Property Guys to takeover. Lets see how things play out over the next few years.
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SUSNismoConcept
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Jan 22 2014, 02:25 PM
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Getting Started

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QUOTE(TY-TY @ Jan 22 2014, 02:04 PM) if itu orang jugak kopek all their clients & project goes together how ???  Then it depends on how smart the Owner / boss to move his next business strategy.
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gladfly
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Jan 22 2014, 02:28 PM
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QUOTE(+3kk! @ Jan 22 2014, 02:17 PM) i heard some rumours la, but like any rumour well its best kept for mamaks to be fair, i think its less hostile than what the papers made it up to be. Liew had ample time to plan, PNB even gave him an opportunity to build up another competitor and leave. i mean media aside, it doesnt seem like a hostile takeover where things are really bad and ugly. I agree to this. I think when PNB approached him the writing was on the wall. Liew knew that there was no point to resist, just lke how UEM bought Sunrise. And using Sunrise as a benchmark..an exit strategy was required. I don't think it was hostile. Heck, there were PR shots for Battersea project tim..in London with all the VVVIP
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+3kk!
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Jan 22 2014, 02:30 PM
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QUOTE(cfa28 @ Jan 22 2014, 02:22 PM) PNB ppl believed in Porter's theory that with Land being a Finite Asset, Liew can never be a threat to them. Plus PNB also thinks that since the days of Sime Darby, etc, they have ample Property Guys to takeover. Lets see how things play out over the next few years. I think that people or visionaries are the key, but yea its up to anyones guess if Liew can replicate his success then again it always makes me wonder these guys, i mean if i was that rich, hell id buy an island off the bahamas ship models over and have wild orgies over the week they still go work i guess i will never be as rich
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zephyrus9999
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Jan 22 2014, 02:32 PM
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WHat do you guys think this will impact on:
1) Subsale SP Setia properties especially in growing-to-mature Setia Alam 2) New launches by SP Setia 3) General market value of SP Setia properties
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barista
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Jan 22 2014, 02:33 PM
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Chinese call this "earthquake"
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Hunakadoo
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Jan 22 2014, 02:33 PM
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QUOTE(zephyrus9999 @ Jan 22 2014, 02:32 PM) WHat do you guys think this will impact on: 1) Subsale SP Setia properties especially in growing-to-mature Setia Alam 2) New launches by SP Setia 3) General market value of SP Setia properties boycott !
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SUSendau02
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Jan 22 2014, 02:36 PM
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QUOTE(cfa28 @ Jan 22 2014, 11:54 AM) Based on Michael Porter theory, Liew leaving will have little impact to the company. Cos SP Setia is dealing with Land which is something that cannot be manufactured. Current Land Banks of SP Setia are still solid, can last many more years, some say perhaps up to 10 years. So long as the QC and design is not totally cacat, they will still attract buyers. Do u care if Liew was the CEO or someone from PNB when u buy your property from SP next time? Its not like a Restaurant, Chef leaves and so will customers. does proton sounds familiar to u?
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azbro
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Jan 22 2014, 02:36 PM
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Pity 200+ brains got trolled
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11c
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Jan 22 2014, 02:38 PM
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Getting Started

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I think part of the Hu-ha about Liew resignation was to generate interest to his son new company, Eco world.
By exiting big, he create some story for the press to write, ultimately promoting his new company as brand as good as sp setia
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gin&tonic
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Jan 22 2014, 02:40 PM
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SP Setia will be another Proton???
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SUSendau02
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Jan 22 2014, 02:40 PM
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QUOTE(xfrenzy @ Jan 22 2014, 12:05 PM) if u think these spsetia staffs wanna punish pnb by resigning en-masse ... what about the gov not approving ecoworld's project or simply delay2 their projects to punish them back ? foreign project. blow ar?
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SUSendau02
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Jan 22 2014, 02:41 PM
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QUOTE(heinlein @ Jan 22 2014, 12:05 PM) Old timer leaves? Good luck in job hunting. if ur good, 60/70 yo still can work. if ur koyak, how young oso jobless. like uitm gradz
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mobileapps
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Jan 22 2014, 02:46 PM
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QUOTE(2JayZ @ Jan 22 2014, 11:31 AM) What's the point in doing that to a company that you serve for so many years? Unless staff was ill-treated. 200+ people....  got played out by government of the superior race. u don wanna leave? stay their to suck kok meh
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Uzumaki NaruTo
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Jan 22 2014, 02:51 PM
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QUOTE(mobileapps @ Jan 22 2014, 02:46 PM) got played out by government of the superior race. u don wanna leave? stay their to suck kok meh sucking not a new thing to them. if dont know how to suck i dont think he can even start sp setia
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TSchokolato
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Jan 22 2014, 02:51 PM
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Getting Started

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QUOTE(mobileapps @ Jan 22 2014, 02:46 PM) got played out by government of the superior race. u don wanna leave? stay their to suck kok meh heard from my sis in law her colleagues some got good offer to go sime and uemland.. end of the day the company tinggal non-human asset saja
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idunnolol
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Jan 22 2014, 02:52 PM
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QUOTE(11c @ Jan 22 2014, 02:38 PM) I think part of the Hu-ha about Liew resignation was to generate interest to his son new company, Eco world. By exiting big, he create some story for the press to write, ultimately promoting his new company as brand as good as sp setia To think of it Eco world share price have risen 2-3 times since they bought over FOCAL If Tan sri get 500 mil from PNB, He would have double or triple his money by just resigning
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