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Tony need tax money to bailout AirASIA, But Richard Branson no need.
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Honey Stars
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Apr 22 2020, 07:52 PM
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New Member
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QUOTE(ratloverice @ Apr 22 2020, 07:48 PM) Lol do you think that the government or any other financial institutions are going to make a corporate loan of huge financing amount to AA without requiring collateral? Offering company assets as collateral vs personal assets as collateral is different though. It speaks different volume too. A businessman that only willing to offer company assets = I'm only willing to invest this much into this business. A businessman that offer personal assets = I'm willing to add this much into what I've already invested. Easy to see who is more invested in their business.
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bearbearwong
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Apr 22 2020, 07:54 PM
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AA is posed to merge with MAS , lot of dressing codes and management may change...
Virgin Atlantic -Aussie already down, gov not bailing out...Sir Richard Branson only 10% shares.. the rest are Sing Airline and Eihthidad
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bearbearwong
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Apr 22 2020, 07:57 PM
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QUOTE(Honey Stars @ Apr 22 2020, 07:52 PM) Offering company assets as collateral vs personal assets as collateral is different though. It speaks different volume too. A businessman that only willing to offer company assets = I'm only willing to invest this much into this business. A businessman that offer personal assets = I'm willing to add this much into what I've already invested. Easy to see who is more invested in their business. rarely bosses will do so.. especially personal assets ... after this most Msia SME bosses and big MNC will close it down to cut cost.. most will shift all assets out of the company pleading own asset unless company is his own made blood and effort Singapore the large oil company also no care and falling down.. with billions of debts... many banks affected, CIMB i think is one of it
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heavensea
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Apr 22 2020, 08:01 PM
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Bail his lanjiao THAMBI
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WinkyJr
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Apr 22 2020, 08:07 PM
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 [/url] his wealth sudah reduced by 1/3. now left $300m +. u want him become poor or what? what can he eat if his wealth drop below $300m? no kesian ke? u fckg rich-hated-poor-bastard. if u poor, please stay poor, don't hate the rich who strive to maintain their wealth. This post has been edited by WinkyJr: Apr 22 2020, 08:07 PM
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hjffgjng
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Apr 22 2020, 08:15 PM
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Getting Started

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both mab and aa plz shutdown
fuck off fckin scum
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SUSBillCollector
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Apr 22 2020, 08:23 PM
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RB restructures VA without the Australia govt bailout = many job losses. He can cut as many jobs as the administration committee sees fit. Job losses?? Oh well they could join the dole queue.
TF wanting to restructure AA?? TF hasn't cut any jobs yet and seems salaries are still being paid. Why a bailout? Simple, any plans to cut cost must involve staff reduction something the PeNipu Govt is asking companies to avoid at all cost. Also comes with plenty of other protective measures.
TF may be a wealthy man indeed but that does not mean he is flushed with cash as much of it are probably in stocks and other assets that aren't so quick or easy to convert to cash. Also he could bring those assets to a bank and ask for collateral true but which bank is going to take on such a risk? A bailout here essentially requires a government guarantee for loans........ heck Proton had been bailed out for donkey years even times were good and bad but caused you nothing but misery of high car prices, you won't save an airline that brings in millions of tourist and supports millions of jobs?
You want AA to fail?? Sure.... how are you going to pay for KLIA2?? Do you know how much in airport tax AA collects? Are you all cool with all the ground staff of KLIA2 being made redundant? How about all the F&B outlets as well as all the other shops within that terminal shutting down? Nope, there isn't going to be another airline that could take up the slack in the near term and probably be a very long term before anything could happen.
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staind
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Apr 22 2020, 08:30 PM
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 Kasi chance la macha. Now ppl stress liau. Need to baca more. This post has been edited by staind: Apr 22 2020, 08:30 PM
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Henry T
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Apr 22 2020, 08:35 PM
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The people will always end up as suckers.
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hmmhmm
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Apr 22 2020, 08:37 PM
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New Member
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sorry Tony. Madey letak jawatan peeyem already.
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seatux
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Apr 22 2020, 08:38 PM
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Getting Started

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QUOTE(ratloverice @ Apr 22 2020, 01:29 PM) Richard branson offers his private island as a collateral to get a loan from the government. Tony fernandes requests a loan from the government. What’s the difference here? Both also asking government’s aid. https://metro.co.uk/2018/12/15/richard-bran...lement-8250870/ --> Did Tony sue a national health service for not getting contract like Dick does?
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TSkelvinfixx
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Apr 22 2020, 09:48 PM
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QUOTE(ratloverice @ Apr 22 2020, 07:48 PM) Lol do you think that the government or any other financial institutions are going to make a corporate loan of huge financing amount to AA without requiring collateral? his argument is just aa staff.
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