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> Halim Saad & partner to buy PLUS?, now raising bid by 30%

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TSarcadicus
post Dec 9 2019, 10:42 AM, updated 6y ago

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KUALA LUMPUR, Dec 8 — Tan Sri Halim Saad and a partner are now the frontrunners to buy over highway concessionaire PLUS Malaysia Berhad after the two upped their previous offer by over a third, according to business weekly The Edge.

https://www.malaymail.com/news/malaysia/201...by-30pc/1817205

This post has been edited by arcadicus: Dec 9 2019, 10:53 AM
SUSwadepak
post Dec 9 2019, 10:44 AM

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Hahaha one by one big assets and projects taken by cronies.
JoeK
post Dec 9 2019, 10:44 AM

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I thought khazanah dont want to sell?
SUSM4A1
post Dec 9 2019, 10:46 AM

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any benefit sell to private ah
kausar
post Dec 9 2019, 10:50 AM

On my way
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our epf will get low dividend
acbc
post Dec 9 2019, 10:51 AM

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Cronies and Thanos tiada perpisahan.
SUSM4A1
post Dec 9 2019, 10:53 AM

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new malaysia they said
TSarcadicus
post Dec 9 2019, 10:58 AM

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FGV to SM??
PLUS to HS??


pcboss00
post Dec 9 2019, 11:01 AM

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gonna lost next GE. so better hurry.
Dyson Jin
post Dec 9 2019, 11:02 AM

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bring back your sumatec alive first before talking about plus shakehead.gif
WaCKy-Angel
post Dec 9 2019, 11:03 AM

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If i got money i also will buy. this is one of the sure-earn businesses in MY.

Because? If u dont get enough toll collection for that year u can claim from gomen.
Henry T
post Dec 9 2019, 11:06 AM

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What is the point in selling to a local party? There is no new funds coming into the country.
drowning
post Dec 9 2019, 11:07 AM

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Just divide and park the highway into local JKR. No need toll anymore.
cameradude
post Dec 9 2019, 11:08 AM

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QUOTE(Henry T @ Dec 9 2019, 11:06 AM)
What is the point in selling to a local party? There is no new funds coming into the country.
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Still don't know how ex-PM4 works meh?
river.sand
post Dec 9 2019, 11:08 AM

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QUOTE(Dyson Jin @ Dec 9 2019, 11:02 AM)
bring back your sumatec alive first before talking about plus shakehead.gif
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This one?

QUOTE
It is not surprising that after several false starts, minority shareholders and potential investors are still not fully convinced Sumatec Resources Bhd’s Rakushechnoye oil and gas (O&G) field venture in West Kazakhstan is the real deal.

Sumatec’s largest shareholder Tan Sri Halim Saad has a tough task convincing minority shareholders they will finally see the company making steady profits, six years after the deal was first proposed.

Sumatec languished in PN17 status from May 2011 to September 2014...

http://www.focusmalaysia.my/Mainstream/hal...matec-s-fortune
ohman
post Dec 9 2019, 11:08 AM

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Cukurlah, his cronies can rob 1 more round before he
Jescon
post Dec 9 2019, 11:10 AM

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QUOTE(ohman @ Dec 9 2019, 11:08 AM)
Cukurlah, his cronies can rob 1 more round before he
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before he... kong?
Henry T
post Dec 9 2019, 11:11 AM

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QUOTE(drowning @ Dec 9 2019, 11:07 AM)
Just divide and park the highway into local JKR. No need toll anymore.
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It would still end up with the Government owning it. That's not what they want. They want to cuci tangan by selling to a private entity.

emburrar
post Dec 9 2019, 11:12 AM

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well well well
diamlah
post Dec 9 2019, 11:13 AM

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Kenape nak jual? What rakyat get in return?

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