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.

PNB got big land bank also so what? They don't know how to utilize them anyway.

No, there is no racial connotation, the people who tookover are mostly Bee End biz people who want to profit from the efforts of those successful entrepreners who build up their biz empire through generations. Maybank, UMW, Cycle & Carriage, UMBC, Sime Darby, Guthrie to name a few. These people who bought the bizness, did not use their own money, they use the muscle funds of EPF, Tabung Haji, LTAT and PNB to buy them over. If they were bought over by their very own $$$ from their own biz empire they build, that would have been different.

Now they are building on their success on the success of others.

who knows? Public Bank, Hong Leong (the owner would sell if the price is right - his principle is buy cheap sell high), Maxis could be next in line and the big rubber glove consortiums too.

I heard that Ecovest is headed by Liew's son..Liew apparently want to retire and take a back seat as advisor.

This post has been edited by Dharma123: Jan 22 2014, 05:10 PM

Ok copy that.

Not being naive la..

Of course la, they jealous of non-bumi..but whenever they makan, they suddenly find that the food is too hot to handle.

Just like when RHB makan UMBC & D&C bank, PNB makan Setia.

Now they very hungry wanna makan Public Bank and Maxis because the owners got no future generation to takeover.

When there is a way there is a will...

they could do it with maybank, umbc and d&C and southern bank.

govt got a lot of resources...they got tabung haji, ltat, epf, pnb...etc etc.

Got a lot of laundering going on...

Nowadays we hear bizmen buying football clubs and Formula F1 teams...

Why they do this? Is it for the glamour? Of cuz not...they got extra money from elsewhere and they wanna spend it...legalize it...