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

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Haters_Gonna_H8
post Jan 22 2014, 02:00 PM

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200+ ppl dont want to work with PNB . hahahaha
Haters_Gonna_H8
post Jan 22 2014, 03:24 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
*
u write exactly like a banker laugh.gif laugh.gif laugh.gif

btw, what's the story behind those 6 years after liew resigned? i am getting interested on his story.
Haters_Gonna_H8
post Jan 22 2014, 04:10 PM

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QUOTE(+3kk! @ Jan 22 2014, 03:43 PM)
lol cant help it, was one tongue.gif

as far as it goes, liew had like 5 years in the banking world,  he left to join a developer where he met his future business partner. over there they decided to start a development company, which liew was a credited to have done one project. during that time he was in his early 30s.

apparently the story goes liew did a share swap when SP Setia came knocking on his door in 96, but the details are often sketchy. \
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my god. just 5 years on banking. still considered green. such luck he had.
Haters_Gonna_H8
post Jan 22 2014, 04:36 PM

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QUOTE(+3kk! @ Jan 22 2014, 04:19 PM)
well hte developer part was kinda off, he joined a developer as a salary man. 

SP Setia story

doesnt say much untill the Setia Alam deal, but i guess it gives you an idea
*
want to find a property developer to hire me cry.gif
Haters_Gonna_H8
post Jan 22 2014, 04:43 PM

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QUOTE(davinz18 @ Jan 22 2014, 04:28 PM)
I'm more interested the 6 year "gap" thing  hmm.gif
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my theory. since most bankers dealing with corporate loans are the best ppl to write up credit papers, maybe within those 6 years he became a so called consultant for property developers to obtain loans, until he struck his gold with SP Setia?
Haters_Gonna_H8
post Jan 22 2014, 04:45 PM

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QUOTE(+3kk! @ Jan 22 2014, 04:42 PM)
lol, well go buddy buddy with sme developers la

one old banker did that, he went buddy buddy then ebcame developer also. upgrade car to hummer summore

not saying that everyone gets gold, but it does happen
*
already got buddy buddy with property developers smile.gif


This post has been edited by Haters_Gonna_H8: Jan 22 2014, 04:48 PM
Haters_Gonna_H8
post Jan 22 2014, 04:53 PM

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QUOTE(+3kk! @ Jan 22 2014, 04:49 PM)
eh BL, you all still issuing?

damn when i left banking, it was my biggest headache, my port all contract, BL acc when i went to another bank. then sudd boss say, we no do BL

me and my boss was like FUUUUUUU!U!U!U!!!
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yes we still do. funny thing is, now so many BL proposals keep coming in despite the not so hot market nowadays. but banks are very selective too now. experience and cash are 2 main points to secure the BL. but then again, since when those 2 things werent the main selling points to banks? laugh.gif
Haters_Gonna_H8
post Jan 22 2014, 04:57 PM

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QUOTE(+3kk! @ Jan 22 2014, 04:55 PM)
i think the market still hot la, just slightly cooler onli

its not ilke the developers are losing money, speculators that well diff la
*
hahaha. yep dev definitely not losing money. but we are seeing quite noticeable drop in profit margin.

well. thats another story. back to the title smile.gif

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