Halim Saad & partner to buy PLUS?, now raising bid by 30%
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 Dec 9 2019, 11:13 AM
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Senior Member
8,650 posts Joined: Sep 2005 From: lolyat  
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Halim Saad was the boss for Renong who control PLUS in the past, after asia financial crisis has to ask for bail out from government, he got money to buy PLUS meh, talk kok sing song ada lah.
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Dec 9 2019, 11:15 AM
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#22
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Newbie
10 posts Joined: Jun 2017
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QUOTE(yhtan @ Dec 9 2019, 11:13 AM) Halim Saad was the boss for Renong who control PLUS in the past, after asia financial crisis has to ask for bail out from government, he got money to buy PLUS meh, talk kok sing song ada lah. If he can somehow convince the bankers. You see, these people don't do business with their own money.   |
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Dec 9 2019, 11:17 AM
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#23
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Senior Member
1,178 posts Joined: Aug 2014
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QUOTE(diamlah @ Dec 9 2019, 11:13 AM) Kenape nak jual? What rakyat get in return? You get to continue paying more tolls |
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Dec 9 2019, 11:17 AM
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#24
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Senior Member
1,178 posts Joined: Aug 2014
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QUOTE(Jescon @ Dec 9 2019, 11:10 AM) before he... kong? Racing against the clock now |
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Dec 9 2019, 11:19 AM
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#25
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Junior Member
181 posts Joined: Mar 2009 From: Pengu world
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Become a politician, sell strategic asset to the crony>profitable = keep the asset + let the crony become a ceo with big fat salary
> not profitable = sell the asset back to government/ glc with higher price so the crony can gain some(i meant a lot). E.g: air selangor. Rakyat? Who cares... they just spending the government money. The only thing good about bijan is, he brings back most of the mamak cronies related companies to the government. Truth hurt macai.. |
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Dec 9 2019, 11:23 AM
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Newbie
25 posts Joined: Oct 2018
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QUOTE(wadepak @ Dec 9 2019, 10:44 AM) Hahaha one by one big assets and projects taken by cronies. whoever disagree (LGE), the party got attacked with nonsense issues (DAP) |
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Dec 9 2019, 11:24 AM
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Junior Member
91 posts Joined: Oct 2019
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QUOTE(arcadicus @ Dec 9 2019, 10:42 AM) 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. What's the logic...buy LDP, but sell PLUS???https://www.malaymail.com/news/malaysia/201...by-30pc/1817205 LPPL ni. |
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Dec 9 2019, 11:27 AM
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#28
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Junior Member
72 posts Joined: Jul 2012 From: Eastern Kingdom
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This one i really cannot understand
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Dec 9 2019, 11:27 AM
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#29
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Newbie
1 posts Joined: Oct 2014 From: bolehland 😊
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Hmmmm.......not long ago......
  inb4.....oh why........   |
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Dec 9 2019, 11:27 AM
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Senior Member
5,363 posts Joined: Apr 2005 From: กรุงเทพมหานคร BKK 
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Renong
Sumatec lets see the track record..hmm...owai- |
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Dec 9 2019, 11:40 AM
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Senior Member
8,650 posts Joined: Sep 2005 From: lolyat
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QUOTE(Henry T @ Dec 9 2019, 11:15 AM) If he can somehow convince the bankers. You see, these people don't do business with their own money. Halim Saad able to convince banker, joking man. The shareholders of PLUS which is Khazanah and EPF has better credit profile than this Halim Saad, all this news pop out is to spin off cash cow business to its crony. QUOTE(xtrabite @ Dec 9 2019, 11:19 AM) Become a politician, sell strategic asset to the crony>profitable = keep the asset + let the crony become a ceo with big fat salary 2x5 5x2 jer> not profitable = sell the asset back to government/ glc with higher price so the crony can gain some(i meant a lot). E.g: air selangor. Rakyat? Who cares... they just spending the government money. The only thing good about bijan is, he brings back most of the mamak cronies related companies to the government. Truth hurt macai.. Under Bijan hand, PLUS was privatize and most of profit channel back to government and EPF holder, that arrangement is good for everyone. Now spin to private sector, government might not have any say on the toll charges. |
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Dec 9 2019, 11:43 AM
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Senior Member
1,365 posts Joined: Aug 2005 
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ph macai semua diam
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Dec 9 2019, 11:47 AM
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#33
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Junior Member
23 posts Joined: Mar 2006 From: East Coast of Cuba.
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QUOTE(JoeK @ Dec 9 2019, 10:44 AM) I thought khazanah dont want to sell? With order by the high table. Everything can be sold. |
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Dec 9 2019, 11:56 AM
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Newbie
8 posts Joined: Sep 2017
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QUOTE(ohman @ Dec 9 2019, 11:17 AM) You get to continue paying more tolls Ahhh babi betul |
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Dec 9 2019, 12:06 PM
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Junior Member
213 posts Joined: Dec 2008
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QUOTE(ohman @ Dec 9 2019, 11:17 AM) You get to continue paying more tolls pluslower epf divy??? |
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Dec 9 2019, 12:09 PM
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Senior Member
960 posts Joined: Mar 2013
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QUOTE(river.sand @ Dec 9 2019, 11:08 AM) yea srkg suspended jor this share..cuz pn17 |
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Dec 9 2019, 12:11 PM
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Junior Member
460 posts Joined: Oct 2008
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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. No toll but potholes everywhere.GG  |
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Dec 9 2019, 12:11 PM
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Junior Member
2 posts Joined: Oct 2019
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Plus Tol naik, next!
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Dec 9 2019, 12:13 PM
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Senior Member
5,363 posts Joined: Apr 2005 From: กรุงเทพมหานคร BKK
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QUOTE(Randomization @ Dec 9 2019, 12:11 PM) No toll but potholes everywhere. MRR2 and FederalGG best examples of top notch JKR maintenance |
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Dec 9 2019, 12:22 PM
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Junior Member
460 posts Joined: Oct 2008
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QUOTE(teehk_tee @ Dec 9 2019, 12:13 PM) MRR2 and Federal Not questioning the work. Just a matter of budget.best examples of top notch JKR maintenance No toll and expect gov to increase their budget for maintenance? |
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