QUOTE(cfa28 @ May 6 2014, 05:50 PM)
Analyst speculating that PNB wants to consolidate all their Property Assets as reported in the newspaper but until today, PNB has not said anything.
It is not good for remaining staff in SP Setia. Consolidation means they will lose their jobs - will they still be so committed.
PNB already made up their mind very long ago to takeover SP Setia, why remain mum about your Grand Plans.
Why even allow TSL to stay so long, still sit on the Board. PNB wanted to kick him out long ago but instead allowed him to stay and drag down the share price for almost past 1-year.
If SP Setia can be run as BAU or autopilot, all the property sifu here can also apply to be the CEO already.
new owner must have clear vision and direction. Has PNB given you that kind of impression, this is what I as new owner want or don't want? Maybe still honeymoon period. Am also surprised Hamid Kama Piah is known to be quite ruthless.
PNB said nothing does not mean has nothing plan. Except u the top management ppl then maybe u know. I can tell u, even the staff in PNB oso dun know.
Consolidation = cut cost.
Grand plan, y not?.
Tis is agreement between PNB n LKS. u should ask Y LKS still want to stay since oredy know ppl want to kick him out. Dun be surprised during tis one yr, LKS need to report the project progress to PNB management.
Autopilot, I tot PNB oredy announced the successor.
If u r the main customer or big shareholder, I think PNB will tell u the new vision n direction.
This post has been edited by Rabel: May 6 2014, 06:23 PM