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Khazanah directors resign en masse, says report
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Chrono-Trigger
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 Jul 26 2018, 10:43 AM
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You guys know that because of profits that Khazanah made, it was able to buy into PLUS and did the national service by not increasing toll rates in nouth-south highway right?
When was the last time you hear tolls for Nouthsouth higher being increased?
You want talent to manage a sovereign fund, you must be prepared to pay them the rates. Otherwise they will work for other international investment companies.
This post has been edited by Chrono-Trigger: Jul 26 2018, 10:44 AM
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Chrono-Trigger
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Jul 26 2018, 11:07 AM
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QUOTE(cracksys @ Jul 26 2018, 10:54 AM) lol. /k mana paham. EPF dividend nak tinggi, toll tak nak bayar. most /K thinks that the people who sit on PNB and Khazanah are unqualified people etc etc. But if they take the effort to look at the credentials of people who run these companies, they will be surprised. All oxford/ cambridge/ harvard graduates - cream of the top in the country. That is why we get a consistent 5-7% returns from PNB. EPF invested oversea - got returns 5-6%. Of course other fund managers very jelly of PNB la, and start to spread some toxic news that it's a Ponzi scheme la etc etc. |
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Chrono-Trigger
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Jul 26 2018, 11:13 AM
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QUOTE(silent_stalker @ Jul 26 2018, 11:05 AM) Just a simple case of changing cronies. There havent been any controversies surrounding khazanah. Yea I read some PH leaders are against this. |
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Chrono-Trigger
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Jul 26 2018, 11:16 AM
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QUOTE(dagnarus @ Jul 26 2018, 11:11 AM) It is indeed quite sad. The people working in PNB and Khazanah are insanely talented. Try applying for one of their post and get an interview with them. Squirm and buttsqueaking inducing moments for sure lol Of course, to those sour grapes who can't get into these companies, they will spew toxicity. I cringed with some so called "fund managers" in the country and "wealth consultants". Engrand also half-half, graduate from dunno which mickey mouse university, but talk a lot - and make lots of people lose money in stock market or their unit trusts. But /K seems to trust mickey mouse. This post has been edited by Chrono-Trigger: Jul 26 2018, 11:23 AM |
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Chrono-Trigger
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Jul 26 2018, 11:31 AM
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QUOTE(spamfish @ Jul 26 2018, 11:24 AM) Khazanah i thought is bijan personal piggy bank?? Almost. Khazanah - Arul ?I think it's about time PH leaders make a stand to prevent cronyism creeping back. This post has been edited by Chrono-Trigger: Jul 26 2018, 11:38 AM |
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Chrono-Trigger
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Jul 26 2018, 11:43 AM
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QUOTE(dagnarus @ Jul 26 2018, 11:33 AM) Khazanah Nasional Berhad (“Khazanah”) confirms news reports that all Members of the Board of Directors (“Board”) including the Managing Director have offered to resign from the Board. This is done in order to facilitate a smooth and orderly transition under the new Government. The current Board have been honoured to serve, and feels it appropriate to offer the new Government the discretion and reaffirm the prerogative to form the new Board. We will issue a further statement once we have further details of the reconstitution of the Board. They offered to resign. I guess ball in TDMs court nao. Investors are watching. PH leaders are watching. Opposition is also watching. People are also watching. Khazanah is an important strategic companies that pay billions to gomen every year. |
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Chrono-Trigger
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Jul 26 2018, 12:05 PM
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QUOTE(yhtan @ Jul 26 2018, 11:48 AM) Same as PNB, Wahid Omar has a plan to push PNB forward and now everything has to hold after changing government. It is because they are UMNO/Najib macai then have to kick them out? AFAIK these Malay elites are doing great job, apart from some interfering from ex-PM. Agree. Dunno why they want to witch-hunt until like that. More like revenge politics already. |
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Chrono-Trigger
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Jul 26 2018, 01:49 PM
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QUOTE(big1 @ Jul 26 2018, 01:19 PM) wrong, they forced them to increase price every few years, else how do you get 8% a year for your savings? another confusion between khazanah and PNB. This post has been edited by Chrono-Trigger: Jul 26 2018, 01:50 PM |
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