the last eunuch


yup agreed

he is tinking with is little bro but not anymore

so, any update on the takeover?

got link????

remember to post the link here

searching the edge now

the deadline means nothing to them

and hypermount is safe for the day

and..............

see my siggy

No decision on Proton partner

KUALA LUMPUR: It appears unlikely that the Government will make a decision on Proton Holdings Bhd's strategic partner by the end of the month deadline.

"The Treasury and Miti (Ministry of International Trade and Industry) were supposed to do a valuation and present it to the (Cabinet) committee but they have not presented it yet," Deputy Prime Minister Datuk Seri Najib Tun Razak said yesterday after delivering a special address at the Global Islamic Financial Forum.

Najib heads the Cabinet committee on the automotive industry.

As for the March deadline, he said: "Never mind. There'll be time. Don't worry. It doesn't matter if we miss it."

Valuable timber: Kasim (second from left) and his officers looking at the stump of the sepetir tree which was felled illegally in the Pedu rainforest.
Earlier this month, Second Finance Minister Tan Sri Nor Mohamed Yakcop had said that the Government aimed to make a decision on Proton's partner by the end of March.

Proton is currently talking to German carmaker Volkswagen AG and talks are said to be at a "fairly advanced stage."

The Government controls Proton through a 43% stake it holds in it through Khazanah Nasional Bhd, a Government investment unit.

On a different matter, Najib said the Cabinet meeting yesterday made a number of decisions related to the proposed Free Trade Agreement (FTA) with the United States and it was now up to the respective ministries to take up these positions with the Americans.

He said Malaysia was not bound by any timeframe.

"Nor will we give away any fundamental positions that we consider to be very important to Malaysia," he said.

However, the US trade representative spokesman Stephen Norton said talks were expected to resume in Washington in mid-April.

Meanwhile, Najib said the Cabinet had given the go-ahead for the RM3.1bil West Coast Highway project that has been delayed for more than 10 years.

The 215.8km-long proposed Taiping-Banting highway, was stalled by the 1997 economic crisis. Once completed, it would be the country's third longest highway.

Najib said the project would be awarded to the original contractors, Konsortium LPB Sdn Bhd, a joint venture firm.

http://www.thestar.com.my/news/story.asp?f...7589&sec=nation

he dun even dare to post anymore, wkakakaka

we will wait n see

u all so bad

any1 meet him b4?

---

Added on March 30, 2007, 12:48 pmmaybe penis has diff meaning to him

This post has been edited by Drifter: Mar 30 2007, 01:51 PM

yalor, come lar, all welcome MS Mr Hypermount

SINGAPORE, FRI: German carmaker Volkswagen (VW) has scrapped plans for a tie-up with Proton Holdings Bhd, a report here said.

The car giant conveyed the decision yesterday to Khazanah Nasional Bhd, Proton's main shareholder, said a report in The Straits Times, quoting an unnamed senior Malaysian government official.

The report said VW had told Khazanah that establishing a production platform in Southeast Asia was not a major priority for it at this time as it wanted to concentrate on building its business in Russia and India.

An announcement on the collapsed merger talks could be expected as early as today, the report said.

Yesterday, Deputy Prime Minister Datuk Seri Najib Razak said the government may not be able to meet the end-March deadline in naming the strategic partner for the national carmaker.

Khazanah, the government's investment arm, owns 43 per cent stake in Proton. - BERNAMA

http://www.nst.com.my/Current_News/nst/Fri...icle/index_html

this is not the 1st time talk abt takeover of proton. everytime same result


btw, hypermount is out from her skirt

notice she is a little polite this time?

FDI jadi FDD

FDI= Foreign Direct Investment
FDD= Foreign Direct DONATION

Proton, Malaysia's loss-making carmaker, is all set to be sold to Volkswagen, who are likely to turn it into an Asian production hub. If VW plays its cards right, it might end up controlling Group Lotus as well, since the Norfolk sports car maker was acquired by Proton in 1996.






Proton Holdings Bhd¡¯s share price fell as much as 6.7% or 45 sen to
RM6.20 in early trade on March 30 as investors reacted to news report
that Volkswagen AG (VW) had withdrawn from talks of possible tie-up.

Proton opened at RM6.60, down 5 sen from the previous day¡¯s closing price
of RM6.65. Within the first hour, there were 536,000 shares transacted at
prices ranging from RM6.20 to RM6.65. At 10am, it was trading at RM6.30,
down 35 sen.

Singapore¡¯s Straits Times reported that Volkswagen had called off the
plans for a partnership with loss-making Proton.

On March 28, the government said it might miss its own end-March deadline
to strike a deal with a foreign carmaker for a partnership with Proton.

It was earlier reported the government was in talks with Volkswagen and
General Motors Corporation towards striking a strategic partnership,
including possible equity participation in Proton.

It was also in negotiations with local players such as DRB-Hicom Bhd and
Naza group of companies on how they could play a role in reversing the
fortunes of the loss-making national carmaker

IA..............