Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

News Anwar: Apasai bagi unsecure Loan kpd Genting HK, Jeng3

views
     
TSairtawarian
post Jan 27 2022, 04:57 PM, updated 4y ago

Regular
******
Senior Member
1,252 posts

Joined: Jan 2012
Undilah judi Make genting Great again🤭

Kenyataan Media
27 Januari 2022

MENGAPA PNB, KHAZANAH, DAN KWSP BERI PINJAMAN KEPADA SYARIKAT PERJUDIAN?

Saya ikuti pendedahan terkait tiga bank Malaysia, Malayan Banking Berhad (Maybank), Kumpulan CIMB Berhad dan RHB Bank Berhad yang dijangka mengalami kerugian berbilion ringgit ekoran Genting Hong Kong yang diisytihar muflis.

Menurut laporan media, ketiga-tiga bank tersebut telah memberi pinjaman tanpa jaminan berjumlah AS$600 juta (RM2.51 bilion).

Saya mendesak Menteri Kewangan untuk segera menjawab persoalan mengapakah bank-bank ini dibenar memberi pinjaman tanpa jaminan kepada Genting Hong Kong.

Ini adalah kerana kerajaan melalui Permodalan Nasional Berhad (PNB), Khazanah, dan Kumpulan Wang Simpanan Pekerja (KWSP) adalah pemegang saham terbesar dalam ketiga-tiga bank itu.

Bagaimana pinjaman tanpa jaminan kepada syarikat perjudian ini boleh diberi dengan sebegitu mudah?

Walaupun syarikat itu berdaftar di Hong Kong, pemiliknya adalah ahli perniagaan Malaysia yang sekurang-kurangnya perlu diminta jaminan peribadi atau simpanannya dalam syarikat yang dimilikinya di Malaysia.

Menteri Kewangan juga dituntut menjelaskan bagaimana pinjaman RM2.51 billion ini akan dibayar oleh Genting Hong Kong yang sudah muflis.

Bagi saya, penjelasan ini perlu disegerakan bagi mengelak skandal Bumiputra Malaysia Finance (BMF) Hong Kong berulang.

ANWAR IBRAHIM
SUSChosen one
post Jan 27 2022, 04:58 PM

Getting Started
**
Junior Member
217 posts

Joined: Mar 2014



he doenst have the number

but he is right
jmas
post Jan 27 2022, 04:59 PM

I can edit title???
*****
Junior Member
830 posts

Joined: Mar 2010
(scratch that) bank give loan to private company need shareholder's approval??



This post has been edited by jmas: Jan 27 2022, 05:08 PM
JoeK
post Jan 27 2022, 04:59 PM

Regular
******
Senior Member
1,099 posts

Joined: Jan 2019
diam la bang nuar
SUSM4A1
post Jan 27 2022, 05:00 PM

[*#^♥SONE♥^#]
******
Senior Member
1,365 posts

Joined: Aug 2005



mengapakah bank-bank ini dibenar memberi pinjaman tanpa jaminan kepada Genting Hong Kong.

u ask the bank lor....

PJng
post Jan 27 2022, 05:00 PM

10k Club
********
All Stars
12,049 posts

Joined: Oct 2017


That why cimb acc negative value?
nigerian prince
post Jan 27 2022, 05:04 PM

New Member
*
Junior Member
26 posts

Joined: Jan 2021


QUOTE(jmas @ Jan 27 2022, 04:59 PM)
private bank give loan to private company need shareholder's approval??
*
private bank ada shareolder?
your logic really astounding haha
bigquoc
post Jan 27 2022, 05:04 PM

New Member
*
Newbie
24 posts

Joined: Jul 2016
If everything need security, then how to do business? In business surely there is risk.

At least the banks ask Genting HK to pay their loan. Back in the days, there was a running joke that in Malaysia, certain connected segment of society borrow money don't have to pay back.


hotdayum
post Jan 27 2022, 05:06 PM

Getting Started
**
Junior Member
195 posts

Joined: Sep 2019


Brapa outstanding loan amount?
Boom Mortar
post Jan 27 2022, 05:07 PM

Getting Started
**
Junior Member
227 posts

Joined: Sep 2013
High risk high return

low risk just follow messiah...eh
SUSM4A1
post Jan 27 2022, 05:07 PM

[*#^♥SONE♥^#]
******
Senior Member
1,365 posts

Joined: Aug 2005



Bagi saya, penjelasan ini perlu disegerakan bagi mengelak skandal Bumiputra Malaysia Finance (BMF) Hong Kong berulang.



lmaooooooooooooooooooo
SUSandylyc
post Jan 27 2022, 05:09 PM

New Member
*
Newbie
27 posts

Joined: May 2017
Saman Lim Kok Thay sampai dia muflis
jmas
post Jan 27 2022, 05:09 PM

I can edit title???
*****
Junior Member
830 posts

Joined: Mar 2010
QUOTE(nigerian prince @ Jan 27 2022, 05:04 PM)
private bank ada shareolder?
your logic really astounding haha
*
my understanding of the company thing is bad, I know, but I think my question still valid

do banks need to get their major shareholder to agree before giving out loans?
SUSifourtos
post Jan 27 2022, 05:10 PM

Look at all my stars!!
*******
Senior Member
2,256 posts

Joined: Feb 2012



QUOTE(jmas @ Jan 27 2022, 04:59 PM)
(scratch that) bank give loan to private company need shareholder's approval??
*
it definitely can be questioned.

it almost certainly can be investigated too.


Because this is not logical.

Bank should protect their interest. Not Genting's....

unless there is a special arrangement, due to special "arrangement", between special VIPss.
cikalakacikaci
post Jan 27 2022, 05:11 PM

Getting Started
**
Junior Member
107 posts

Joined: Jun 2013
From: kl.klang.



lol bodoh bagi unsecured loan
now makan pisang
Intimidated
post Jan 27 2022, 05:11 PM


***
Junior Member
499 posts

Joined: Dec 2007
QUOTE(nigerian prince @ Jan 27 2022, 05:04 PM)
private bank ada shareolder?
your logic really astounding haha
*
???

You mean

Got company out there that doesnt have any shareholder??
SUSifourtos
post Jan 27 2022, 05:11 PM

Look at all my stars!!
*******
Senior Member
2,256 posts

Joined: Feb 2012



QUOTE(nigerian prince @ Jan 27 2022, 05:04 PM)
private bank ada shareolder?
your logic really astounding haha
*
private sector banks, like Maybank RHB, was public listed.... sure got shareholder lah..
nigerian prince
post Jan 27 2022, 05:13 PM

New Member
*
Junior Member
26 posts

Joined: Jan 2021


QUOTE(jmas @ Jan 27 2022, 05:09 PM)
my understanding of the company thing is bad, I know, but I think my question still valid

do banks need to get their major shareholder to agree before giving out loans?
*
those "public" banks are owned by khazanah, pnb and whoever own the biggest shares of them.
meaning, they are not private.
Jasonist
post Jan 27 2022, 05:13 PM

Oldfag
******
Senior Member
1,176 posts

Joined: May 2006
From: Memesia



diam la bang nuar
ju146
post Jan 27 2022, 05:14 PM

Regular
******
Senior Member
1,594 posts

Joined: Nov 2008
QUOTE(jmas @ Jan 27 2022, 05:09 PM)
my understanding of the company thing is bad, I know, but I think my question still valid

do banks need to get their major shareholder to agree before giving out loans?
*
1. All these 3 banks is not a straight forward private banks because major shareholder are Epf and sovereign fund. The only 2 private local bank (so call) are PBB and HLB only, with major stake owned by individual or individual controlling company/holding. And they are the last and only 2 in Malaysia to able to own banks substantial shares under individual name

2. It is very uncommon to require shareholder approval for loan, considering giving out loan is the bank day to day operation. However, giving unsecured loan up to billion may require board approval, depending on how they structure their board resolution

This post has been edited by ju146: Jan 27 2022, 05:15 PM
Digifriend07
post Jan 27 2022, 05:14 PM

On my way
****
Junior Member
596 posts

Joined: Nov 2007
From: Kg Pandan


Kate bank do business, not CHARITY. Why need to gip muka to Genting HK & its parent company?
pobox
post Jan 27 2022, 05:14 PM

On my way
****
Junior Member
551 posts

Joined: May 2013


Gambling lah. Why? No dare?
cloudwan0
post Jan 27 2022, 05:15 PM

Getting Started
**
Junior Member
236 posts

Joined: Sep 2008
funny question, bank give loan, what to do with gov?
SUSAccord2018
post Jan 27 2022, 05:15 PM

Time Will Tell !!
*******
Senior Member
9,617 posts

Joined: Aug 2015
QUOTE(ifourtos @ Jan 27 2022, 05:10 PM)
it definitely can be questioned.

it almost certainly can be investigated too.
Because this is not logical.

Bank should protect their interest. Not Genting's....

unless there is a special arrangement, due to special "arrangement", between special VIPss.
*
Just ask the Bank CEO on their Facebook. How many public listed companies have unsecured loans with the bank? If they reply many, then it's fine.
yhtan
post Jan 27 2022, 05:18 PM

Look at all my stars!!
*******
Senior Member
8,653 posts

Joined: Sep 2005
From: lolyat


Bank has their own risk appetite, maybe Genting boss agree to deposit few billions in those bank and secured loan to Genting Malaysia. U will never know what is the arrangement in the dark except for the top management.
AyamBlend
post Jan 27 2022, 05:19 PM

New Member
*
Junior Member
27 posts

Joined: Nov 2011
inb4 give other bank also will do the same, 2x5

so it's ok for pnb / epf etc to do so
yhtan
post Jan 27 2022, 05:20 PM

Look at all my stars!!
*******
Senior Member
8,653 posts

Joined: Sep 2005
From: lolyat


QUOTE(cloudwan0 @ Jan 27 2022, 05:15 PM)
funny question, bank give loan, what to do with gov?
*
Numberman is trying to link GLC Bank with Genting, indirectly say government kasi loan to Genting and fishing for conservative malaysia votes in upcoming Johor PRN

In summary, PKR is getting more conservative rather than multiracial recently. Even the Timah issue also got one PKR MP echo the idea.
teehk_tee
post Jan 27 2022, 05:20 PM

ไม่เป็นไร
*******
Senior Member
5,363 posts

Joined: Apr 2005
From: กรุงเทพมหานคร BKK

unsecured loan with personal director guarantee is it?
yhtan
post Jan 27 2022, 05:24 PM

Look at all my stars!!
*******
Senior Member
8,653 posts

Joined: Sep 2005
From: lolyat


QUOTE(teehk_tee @ Jan 27 2022, 05:20 PM)
unsecured loan with personal director guarantee is it?
*
I think without Lim family guarantee because Genting HK is a listed entity at HKSE.

Normally Bank will incline to give out unsecured loan to listed company because of the strict rules and regulation, but for this case, Bank has been given the loan before covid, after covid with the cruise business, Bank confirm will not give loan punya.


SUSFenix98
post Jan 27 2022, 05:27 PM

Happy Meal upsized Sir?
***
Junior Member
377 posts

Joined: Jun 2016
So which are the best bank$ to keep our hard earned 250k pidm inn?


teehk_tee
post Jan 27 2022, 05:27 PM

ไม่เป็นไร
*******
Senior Member
5,363 posts

Joined: Apr 2005
From: กรุงเทพมหานคร BKK

QUOTE(yhtan @ Jan 27 2022, 05:24 PM)
I think without Lim family guarantee because Genting HK is a listed entity at HKSE.

Normally Bank will incline to give out unsecured loan to listed company because of the strict rules and regulation, but for this case, Bank has been given the loan before covid, after covid with the cruise business, Bank confirm will not give loan punya.
*
the only unsecured i can think of, that passes the credit committee .. should be revolving credit / standby facilities.

if that's tapped out d good luck je lah, time to join the big line of creditors getting haircut, tony style
SUSfuzzy
post Jan 27 2022, 05:28 PM

*pew pew pew*
*******
Senior Member
7,106 posts

Joined: Jan 2003


Private company suka hati they all la.

EPF and PNB can always sell the shares if they don't think it's well run ma.

Anwar never ask why EPF bought into messiahword nbdre company Serba Dinamik and lost tons of money?
yhtan
post Jan 27 2022, 05:30 PM

Look at all my stars!!
*******
Senior Member
8,653 posts

Joined: Sep 2005
From: lolyat


QUOTE(teehk_tee @ Jan 27 2022, 05:27 PM)
the only unsecured i can think of, that passes the credit committee .. should be revolving credit / standby facilities.

if that's tapped out d good luck je lah, time to join the big line of creditors getting haircut, tony style
*
Well no choice, u have Genting group business on hand to juggle, takkan because of 200mil loan let go and miss out billions of deposit and secured loan from Genting Bhd and Genting Malaysia.

Bank has to consider at different aspect, maybe they can stomach the 200mil loan from the beginning.
Chartry
post Jan 27 2022, 05:35 PM

In the mood of love
******
Senior Member
1,616 posts

Joined: Jan 2005



All banks can tolerate a certain percentage of non performing loans. That's why banks must be allowed to make profits.

Don't every day go shout bank is tamak, untung berbillion ringgit. Then ask banks to do charity.

If banks were to stop giving out loans, our economy will collapse.
ikanbilis
post Jan 27 2022, 05:36 PM

Trusted member since 2003
*******
Senior Member
2,543 posts

Joined: Jan 2003
LKT haosiao go change the name of Star Cruises to Genting HK, thinking the name Genting more prestigious. This is coming back to bite him as politicians associate Genting = Gambling. In reality they are just Cruise ship operator like royal carribean and carnival.

Covid 19 is bad enough for cruise ships, more haosiao is LKT went on buying shipyard operator Werften Germany which eventually brought down the company cashflow.

This post has been edited by ikanbilis: Jan 27 2022, 05:38 PM
nintendo86
post Jan 27 2022, 05:37 PM

New Member
*
Junior Member
24 posts

Joined: Sep 2015
Eh2 nuar ni kang
Chartry
post Jan 27 2022, 05:38 PM

In the mood of love
******
Senior Member
1,616 posts

Joined: Jan 2005



I was in Resort World Las Vegas recently. They have a food court with Singapore food. Yes, Singapore food with brands from Singapore.

The way our politicians behave, sooner or later successful local companies will abandon the country.
Donchay
post Jan 27 2022, 05:40 PM

Casual
***
Junior Member
324 posts

Joined: Feb 2012


Unsecure loans means higher interest rate la since default risk is higher and no collateral
ikanbilis
post Jan 27 2022, 05:46 PM

Trusted member since 2003
*******
Senior Member
2,543 posts

Joined: Jan 2003
QUOTE(Donchay @ Jan 27 2022, 05:40 PM)
Unsecure loans means higher interest rate la since default risk is higher and no collateral
*
The loan usd600m was given out in 2012. Of course a big portion plus interest has been paid over the 10 year period. Politicians saying these 3 banks lost the whole 600million dont know the whole truth just tembak only.
cloudwan0
post Jan 27 2022, 05:55 PM

Getting Started
**
Junior Member
236 posts

Joined: Sep 2008
QUOTE(yhtan @ Jan 27 2022, 05:20 PM)
Numberman is trying to link GLC Bank with Genting, indirectly say government kasi loan to Genting and fishing for conservative malaysia votes in upcoming Johor PRN

In summary, PKR is getting more conservative rather than multiracial recently. Even the Timah issue also got one PKR MP echo the idea.
*
PKR is like evening party liao...
emburrar
post Jan 27 2022, 05:59 PM

New Member
*
Newbie
14 posts

Joined: Oct 2014
From: Bandar Damai dan Indah


betul ke number tu
Clement1001
post Jan 27 2022, 06:09 PM

Enthusiast
*****
Senior Member
914 posts

Joined: Jan 2012
Unsecured loan - 15% annual interest (Player)

Secured loan - 6% annual interest (Banker)

for example

So Bank pun main casino, bet on unsecured loan (Player)

Manatau flip the card, winner adalah (Banker) , pulak

This post has been edited by Clement1001: Jan 27 2022, 06:11 PM
desmond2020
post Jan 27 2022, 06:10 PM

Enthusiast
*****
Junior Member
908 posts

Joined: Jun 2005


So numberman Sekarang pakar pembankan juga?
ikankering
post Jan 27 2022, 06:12 PM

New Member
*
Newbie
42 posts

Joined: Jan 2017
biar betul!
O-haiyo
post Jan 27 2022, 06:17 PM

Enthusiast
*****
Senior Member
857 posts

Joined: Jan 2005
From: Mlk, Klang


he is right, but then again it's private bank...he bising also no use
TSairtawarian
post Jan 27 2022, 06:21 PM

Regular
******
Senior Member
1,252 posts

Joined: Jan 2012
QUOTE(jmas @ Jan 27 2022, 04:59 PM)
(scratch that) bank give loan to private company need shareholder's approval??
*
You Bodo? Whatever decision made by bod Must be in the interest of the shareholder and protect them. Not the Third party aka genting🤭 that is Why they are called PUBLIC LISTED COMPANY 🤣🤣🤣
DarkNite
post Jan 27 2022, 06:23 PM

ФĻĐ ИΞШB!Ξ
********
All Stars
11,058 posts

Joined: Jun 2008
QUOTE(nigerian prince @ Jan 27 2022, 05:04 PM)
private bank ada shareolder?
your logic really astounding haha
*
private bank ada shareolder? ADA.... most are listed in stock exchange or are private limited companies unless sole owner.
TSairtawarian
post Jan 27 2022, 06:29 PM

Regular
******
Senior Member
1,252 posts

Joined: Jan 2012
QUOTE(fuzzy @ Jan 27 2022, 05:28 PM)
Private company suka hati they all la.

EPF and PNB can always sell the shares if they don't think it's well run ma.

Anwar never ask why EPF bought into messiahword nbdre company Serba Dinamik and lost tons of money?
*
Private company? Do You Even understand What is the Meaning of berhad?🤣🤣🤣
TSairtawarian
post Jan 27 2022, 06:32 PM

Regular
******
Senior Member
1,252 posts

Joined: Jan 2012
QUOTE(nintendo86 @ Jan 27 2022, 05:37 PM)
Eh2 nuar ni kang
*
Ini je komen ko? Adoi patutlah bijan ada supporter mcm ko🤭 bagilah ulasan Yg bernas cikit
TSairtawarian
post Jan 27 2022, 06:33 PM

Regular
******
Senior Member
1,252 posts

Joined: Jan 2012
QUOTE(Donchay @ Jan 27 2022, 05:40 PM)
Unsecure loans means higher interest rate la since default risk is higher and no collateral
*
I also think higher interest rate But nowhere to be found here🤭
nintendo86
post Jan 27 2022, 06:43 PM

New Member
*
Junior Member
24 posts

Joined: Sep 2015
QUOTE(airtawarian @ Jan 27 2022, 06:32 PM)
Ini je komen ko? Adoi patutlah bijan ada supporter mcm ko🤭 bagilah ulasan Yg bernas cikit
*
No need comment oso whole malaysia knows who anwar is
river.sand
post Jan 27 2022, 07:40 PM

Look at all my stars!!
*******
Senior Member
3,816 posts

Joined: Feb 2012
QUOTE(airtawarian @ Jan 27 2022, 06:21 PM)
You Bodo? Whatever decision made by bod Must be in the interest of the shareholder and protect them. Not the Third party aka genting🤭 that is Why they are called PUBLIC LISTED COMPANY 🤣🤣🤣
*
Shareholders can sack the management, but are usually not involved in daily operation of the company.

Well, unless the shareholders happen to be in the management, but this is not the case of PNB and EPF.

This post has been edited by river.sand: Jan 27 2022, 07:43 PM
Boomwick
post Jan 27 2022, 08:05 PM

Regular
******
Senior Member
1,002 posts

Joined: Mar 2019
Anwar

Bank shud cancel all your credit card also because they are unsecured facilities and maybe you will bankrupt also
TSairtawarian
post Jan 27 2022, 08:07 PM

Regular
******
Senior Member
1,252 posts

Joined: Jan 2012
QUOTE(Boomwick @ Jan 27 2022, 08:05 PM)
Anwar

Bank shud cancel all your credit card also because they are unsecured facilities and maybe you will bankrupt also
*
Ya bank Normally will request personal guarantee from director But this budak lim smart dunwan become🤣
bigquoc
post Jan 27 2022, 08:09 PM

New Member
*
Newbie
24 posts

Joined: Jul 2016
QUOTE(jmas @ Jan 27 2022, 05:09 PM)
my understanding of the company thing is bad, I know, but I think my question still valid

do banks need to get their major shareholder to agree before giving out loans?
*
There is a board of directors where the CEO is accountable to.
LuckyBai
post Jan 27 2022, 08:12 PM

Casual
***
Junior Member
425 posts

Joined: Aug 2021
xde siapa suruh PNB EPF Khazanh pegang syer begitu byk kat Maybank CIMB & RHB

Nada untung knp x tegur??
kamfoo
post Jan 28 2022, 03:06 AM

Enthusiast
*****
Junior Member
847 posts

Joined: Nov 2010


huat ah
James1983
post Jan 28 2022, 03:57 AM

💦kencing lettew💦
****
Junior Member
532 posts

Joined: Mar 2008
From: 🍍bikini bottom🍍
dah la BangNuar.
SUStikaram
post Jan 28 2022, 05:09 AM

10k Club
********
All Stars
10,722 posts

Joined: Nov 2011
QUOTE(M4A1 @ Jan 27 2022, 06:00 PM)
mengapakah bank-bank ini dibenar memberi pinjaman tanpa jaminan kepada Genting Hong Kong.

u ask the bank lor....
*
Ask question marah

Tak ask question cakap where Anwar

Lmaooooo
Taipan052
post Jan 28 2022, 05:56 AM

Getting Started
**
Junior Member
76 posts

Joined: Apr 2010
QUOTE(desmond2020 @ Jan 27 2022, 06:10 PM)
So numberman Sekarang pakar pembankan juga?
*
ex Finance minister
macai bodoh macam you apa tau
kcchong2000
post Jan 28 2022, 06:04 AM

Getting Started
**
Junior Member
189 posts

Joined: Jan 2009
The questions is why loan so much without any cagaran? U think this is court's mammoth kah?
SUSAccord2018
post Jan 28 2022, 07:19 AM

Time Will Tell !!
*******
Senior Member
9,617 posts

Joined: Aug 2015
QUOTE(kcchong2000 @ Jan 28 2022, 06:04 AM)
The questions is why loan so much without any cagaran? U think this is court's mammoth kah?
*
the interest rates are irrelevant as that kapal inside got casino, so it's high-risk business. no collateral is mind blowing like bijan.
duperam
post Jan 28 2022, 07:20 AM

New Member
*
Newbie
33 posts

Joined: Jan 2019
QUOTE(airtawarian @ Jan 27 2022, 04:57 PM)
Undilah judi Make genting Great again🤭

Kenyataan Media
27 Januari 2022

MENGAPA PNB, KHAZANAH, DAN KWSP BERI PINJAMAN KEPADA SYARIKAT PERJUDIAN?

Saya ikuti pendedahan terkait tiga bank Malaysia, Malayan Banking Berhad (Maybank), Kumpulan CIMB Berhad dan RHB Bank Berhad yang dijangka mengalami kerugian berbilion ringgit ekoran Genting Hong Kong yang diisytihar muflis.

Menurut laporan media, ketiga-tiga bank tersebut telah memberi pinjaman tanpa jaminan berjumlah AS$600 juta (RM2.51 bilion).

Saya mendesak Menteri Kewangan untuk segera menjawab persoalan mengapakah bank-bank ini dibenar memberi pinjaman tanpa jaminan kepada Genting Hong Kong.

Ini adalah kerana kerajaan melalui Permodalan Nasional Berhad (PNB), Khazanah, dan Kumpulan Wang Simpanan Pekerja (KWSP) adalah pemegang saham terbesar dalam ketiga-tiga bank itu.

Bagaimana pinjaman tanpa jaminan kepada syarikat perjudian ini boleh diberi dengan sebegitu mudah?

Walaupun syarikat itu berdaftar di Hong Kong, pemiliknya adalah ahli perniagaan Malaysia yang sekurang-kurangnya perlu diminta jaminan peribadi atau simpanannya dalam syarikat yang dimilikinya di Malaysia.

Menteri Kewangan juga dituntut menjelaskan bagaimana pinjaman RM2.51 billion ini akan dibayar oleh Genting Hong Kong yang sudah muflis.

Bagi saya, penjelasan ini perlu disegerakan bagi mengelak skandal Bumiputra Malaysia Finance (BMF) Hong Kong berulang.

ANWAR IBRAHIM
*
2012 siapa pm and fm?

user posted image
SUSbadmilk
post Jan 28 2022, 07:38 AM

Getting Started
**
Junior Member
57 posts

Joined: Jun 2009
From: Georgetown,Penang




Apasai pm tepi malaysia ini suka sangat cakap yang obvious.

Kalau hari ini vincent tan dgn networth berbillion mempunyai duit di bank malaysia, syarikat dia mau pinjam.. bank tak bagi ke? Ya ke?

Pm tepi dah la..selalu kata ada nombor.. tapi sebenar nia nak bilang pun tak erti. Pui.
Capt. Marble
post Jan 28 2022, 07:45 AM

Getting Started
**
Junior Member
221 posts

Joined: Jan 2019
From: Earth
It's the bank lor... like how you put your money in the bank and they loan out to people that use it to start kedai makan that comes with serving of arak.

Anyway, please take over the gov now.

This post has been edited by Capt. Marble: Jan 28 2022, 07:45 AM
Coldf3ar
post Jan 28 2022, 07:48 AM

On my way
****
Junior Member
520 posts

Joined: Jul 2008
Shit happened. So sekarang apa solution hang? Bagi sikit idea.
SUSbadmilk
post Jan 28 2022, 08:00 AM

Getting Started
**
Junior Member
57 posts

Joined: Jun 2009
From: Georgetown,Penang




QUOTE(Coldf3ar @ Jan 28 2022, 07:48 AM)
Shit happened. So sekarang apa solution hang? Bagi sikit idea.
*
Dia cuma tau baca headline dan repeat jer.

Thats why pm tepi forever, dulu dia baca majalah kosmo.
Anuar ibrahim nombor penuh.. jadi dia pun naik istana kasi tuanku tau, dia ini next pm.

Tapi sebenarnia editor kosmo minggu itu minum ketum. Jadi dia pun high jer macam pm tepi ini. Malu la..

Sendiri bodoh cukup la. Mau tarik semua ikut dia bodoh.
ikankering
post Jan 28 2022, 08:01 AM

New Member
*
Newbie
42 posts

Joined: Jan 2017
i happy about our future pm anwar...
good leader.
LuckyBai
post Jan 28 2022, 08:03 AM

Casual
***
Junior Member
425 posts

Joined: Aug 2021
Business lo...ape lagi.. Masa untung x bising pon let the bank handle their businesses la
differ
post Jan 28 2022, 08:04 AM

Casual
***
Junior Member
404 posts

Joined: Dec 2008
Risk management mana

O forgot its Maybank, CIMB and RHB
river.sand
post Jan 28 2022, 08:05 AM

Look at all my stars!!
*******
Senior Member
3,816 posts

Joined: Feb 2012
QUOTE(duperam @ Jan 28 2022, 07:20 AM)
2012 siapa pm and fm?

user posted image
*
7 year senior secured hmm.gif

Not just Malaysian banks, Singapore and HK banks also affected.
commonsense
post Jan 28 2022, 08:07 AM

Getting Started
**
Junior Member
79 posts

Joined: Sep 2021
masa untung tak kecoh pun. ahli politik kecoh tak tentu pasal. modal PRN Johor so that wont eat telur again ke?

This post has been edited by commonsense: Jan 28 2022, 08:08 AM
arc_archive
post Jan 28 2022, 08:18 AM

Casual
***
Junior Member
386 posts

Joined: Jun 2006
From: Luo Yang


Genting loan approved in billiyun..

While rakyat affected by banjir and covid being asked to do a loan instead of their hard own moneh from kwsp..

Hanat
loon90
post Jan 28 2022, 08:29 AM

Getting Started
**
Junior Member
172 posts

Joined: Mar 2010


Why number man cares ? They are banks, banks can do what ever they want.
mroys@lyn
post Jan 28 2022, 08:30 AM

Regular
******
Senior Member
1,037 posts

Joined: Jul 2009
this happened when politician try to talk about finance
Namelessone1973
post Jan 28 2022, 08:32 AM

Casual
***
Junior Member
320 posts

Joined: Jun 2019


Let's be fair, the loan would be very profitable if the pandemic did not happen. Nobody would have cared whether it's secured or unsecured if the pandemic did not affect cruise biz around the world.


yed
post Jan 28 2022, 08:33 AM

Casual
***
Junior Member
375 posts

Joined: Mar 2008
From: Selangor


What yr the loan given?
r3d2
post Jan 28 2022, 08:35 AM

Getting Started
**
Junior Member
238 posts

Joined: May 2006
From: Kuala Lumpur


Registered in HK, tax paid to HK, but unsecured loan from Malaysia. Do they know how to do business?
TSairtawarian
post Jan 28 2022, 09:30 AM

Regular
******
Senior Member
1,252 posts

Joined: Jan 2012
QUOTE(badmilk @ Jan 28 2022, 07:38 AM)
Apasai pm tepi malaysia ini suka sangat cakap yang obvious.

Kalau hari ini vincent tan dgn networth berbillion mempunyai duit di bank malaysia, syarikat dia mau pinjam.. bank tak bagi ke? Ya ke?

Pm tepi dah la..selalu kata ada nombor.. tapi sebenar nia nak bilang pun tak erti. Pui.
*
Ko ni pun bodoh. No one say bank cannot pinjam. Why pinjam without cagaran? Genting So many lands tanah Why cannot give bank cagar? Even normal ppl company want pinjam bank ask collateral. This one hundred millions boleh suka2 give unsecure no need pay back. Babi rakyat macam u Sure habis negara ini
TSairtawarian
post Jan 28 2022, 09:34 AM

Regular
******
Senior Member
1,252 posts

Joined: Jan 2012
QUOTE(loon90 @ Jan 28 2022, 08:29 AM)
Why number man cares ? They are banks, banks can do what ever they want.
*
Bank is a Public company shareholders Can ask bank Why pinjam unsecure Loan no need pay back? Like serba karim suka2 Fake business sales shareholders Can sue him also
TSairtawarian
post Jan 28 2022, 09:37 AM

Regular
******
Senior Member
1,252 posts

Joined: Jan 2012
QUOTE(Namelessone1973 @ Jan 28 2022, 08:32 AM)
Let's be fair, the loan would be very profitable if the pandemic did not happen. Nobody would have cared whether it's secured or unsecured if the pandemic did not affect cruise biz around the world.
*
Go read genting cruise Started making losses Even before pandemic happen. Bank should Put clause no pay back genting got many land banks kasi lelong🤭. Itu baru betul. You think bank is out ther to do charity kah. Next time rakyat go pinjam no need pay back Can or not?🤭
submergedx
post Jan 28 2022, 09:41 AM

Regular
******
Senior Member
1,132 posts

Joined: Jun 2015
Ayam jelly. Can I call maybank ask for unsecure loan?
Noryume
post Jan 28 2022, 09:45 AM

Enthusiast
*****
Junior Member
931 posts

Joined: Oct 2013
PH onpy interested in money problem?
yhtan
post Jan 28 2022, 09:47 AM

Look at all my stars!!
*******
Senior Member
8,653 posts

Joined: Sep 2005
From: lolyat


QUOTE(kcchong2000 @ Jan 28 2022, 06:04 AM)
The questions is why loan so much without any cagaran? U think this is court's mammoth kah?
*
If every bank in Malaysia like Public Bank only prefer to do secured loan, how the economy going to work like this.

QUOTE(airtawarian @ Jan 28 2022, 09:30 AM)
Ko ni pun bodoh. No one say bank cannot pinjam. Why pinjam without cagaran? Genting So many lands tanah Why cannot give bank cagar? Even normal ppl company want pinjam bank ask collateral. This one hundred millions boleh suka2 give unsecure no need pay back. Babi rakyat macam u Sure habis negara ini
*
Ini Genting HK, mainly on cruise business, so where got land as collateral? Before bash go study Genting Group structure ok

Bank also give out unsecured loan to normal pipit like us, personal loan or credit card, then i ask u why bank cannot give unsecured loan to listed corporate like genting HK?

Bodoh tu simpan sikit ok
katijar
post Jan 28 2022, 09:51 AM

Look at all my stars!!
*******
Senior Member
2,294 posts

Joined: Sep 2011
Banks will lelong their cruises and keep the money?
TSairtawarian
post Jan 28 2022, 09:56 AM

Regular
******
Senior Member
1,252 posts

Joined: Jan 2012
QUOTE(yhtan @ Jan 28 2022, 09:47 AM)
If every bank in Malaysia like Public Bank only prefer to do secured loan, how the economy going to work like this.
Ini Genting HK, mainly on cruise business, so where got land as collateral? Before bash go study Genting Group structure ok

Bank also give out unsecured loan to normal pipit like us, personal loan or credit card, then i ask u why bank cannot give unsecured loan to listed corporate like genting HK?

Bodoh tu simpan sikit ok
*
Even normal ppl unsecured got limit and charge high interest. You Bodo really think genting hk is not related to genting? I have biz all different names But related. Go read who is the major shareholders. Lim smart fella dont want give personal guarantee. So buka different company If in piquidation other company Safe. In corporate world So many ways to escape liability🤭
g5sim
post Jan 28 2022, 09:59 AM

Look at all my stars!!
*******
Senior Member
5,752 posts

Joined: Jan 2003
From: Sri Kembangan


QUOTE(M4A1 @ Jan 27 2022, 05:00 PM)
mengapakah bank-bank ini dibenar memberi pinjaman tanpa jaminan kepada Genting Hong Kong.

u ask the bank lor....
*
Kan . Wtf. Private banks give loan he questioned finance minister. Itu olang sudah Naik gila. Lama Sgt gila kuasa now really sot plak Cho.
SUSAccord2018
post Jan 28 2022, 10:01 AM

Time Will Tell !!
*******
Senior Member
9,617 posts

Joined: Aug 2015
QUOTE(airtawarian @ Jan 28 2022, 09:37 AM)
Go read genting cruise Started making losses Even before pandemic happen. Bank should Put clause no pay back genting got many land banks kasi lelong🤭. Itu baru betul. You think bank is out ther to do charity kah. Next time rakyat go pinjam no need pay back Can or not?🤭
*
also must depend on what kind of business and the amount. They are not spending the money on msia infrastructure and also the amount is too large. Put collateral also means to make sure you will spend the money wisely and properly plan. They keep on borrowing money to build more ships until Germany stop the financing then need to lingkup nw.
TSairtawarian
post Jan 28 2022, 10:06 AM

Regular
******
Senior Member
1,252 posts

Joined: Jan 2012
QUOTE(g5sim @ Jan 28 2022, 09:59 AM)
Kan . Wtf. Private banks give loan he questioned finance minister. Itu olang sudah Naik gila. Lama Sgt gila kuasa now really sot plak Cho.
*
MOF = Khazanah = PNB = EPF🤭
yhtan
post Jan 28 2022, 10:06 AM

Look at all my stars!!
*******
Senior Member
8,653 posts

Joined: Sep 2005
From: lolyat


QUOTE(airtawarian @ Jan 28 2022, 09:56 AM)
Even normal ppl unsecured got limit and charge high interest. You Bodo really think genting hk is not related to genting? I have biz all different names But related. Go read who is the major shareholders. Lim smart fella dont want give personal guarantee. So buka different company If in piquidation other company Safe. In corporate world So many ways to escape liability🤭
*
listed company no need personal guarantee lah, i think u don't understand how bank works also. That is the benefit of listed company because bank can give u unsecured loan based on your company financial record.

This one is given back in year 2012, so how much bank untung? even loan impairment is part and parcel of their business, if u do business can confirm can collect all 100% from your debtors? sure got some people run away and not paying outstanding debt.

If u can buka multiple listed company with profitable financial track record, u think bank don't want to do your business? U keep focusing on this unsecured loan part, u didn't think about how many hundred millions deposit from Genting Group? How many secured loan from Genting Group? Before pandemic Genting cash and bank alone has few billions on hand, then when they issue bond, their IB also can untung commission from there. If RHB/CIMB/Maybank tak mau do Genting business, Genting can just go to UOB/DBS Singapore bank and borrow money from there, in the end Malaysia bank will lose all deposit and loan business.
SUSM4A1
post Jan 28 2022, 10:07 AM

[*#^♥SONE♥^#]
******
Senior Member
1,365 posts

Joined: Aug 2005



QUOTE(tikaram @ Jan 28 2022, 05:09 AM)
Ask question marah

Tak ask question cakap where Anwar

Lmaooooo
*
there are thousands of question to be ask

example flood and etc

why choose the worst doh.gif
SUSM4A1
post Jan 28 2022, 10:09 AM

[*#^♥SONE♥^#]
******
Senior Member
1,365 posts

Joined: Aug 2005



QUOTE(submergedx @ Jan 28 2022, 09:41 AM)
Ayam jelly. Can I call maybank ask for unsecure loan?
*
if u billionaire can

u pipit diam aje la
TSairtawarian
post Jan 28 2022, 10:20 AM

Regular
******
Senior Member
1,252 posts

Joined: Jan 2012
QUOTE(yhtan @ Jan 28 2022, 10:06 AM)
listed company no need personal guarantee lah, i think u don't understand how bank works also. That is the benefit of listed company because bank can give u unsecured loan based on your company financial record.

This one is given back in year 2012, so how much bank untung? even loan impairment is part and parcel of their business, if u do business can confirm can collect all 100% from your debtors? sure got some people run away and not paying outstanding debt.

If u can buka multiple listed company with profitable financial track record, u think bank don't want to do your business? U keep focusing on this unsecured loan part, u didn't think about how many hundred millions deposit from Genting Group? How many secured loan from Genting Group? Before pandemic Genting cash and bank alone has few billions on hand, then when they issue bond, their IB also can untung commission from there. If RHB/CIMB/Maybank tak mau do Genting business, Genting can just go to UOB/DBS Singapore bank and borrow money from there, in the end Malaysia bank will lose all deposit and loan business.
*
You know Why many banks involve? Becos it is unsecured that Why bank pun takut pinjam more. If secured only need 1 bank. Thats Why there is an arrangement Behind the scene btw proxy cronies related. Do You Even know there are Related ppl sitting in the bod? Go dig You will know. For listed company to raise fund So many ways to do it. PP RI hybrid equities redeemable share convertible share etc. Thats Why budak lim smart If Anything happen no need personally liable. Tengok toni boi AA pun tau. Even separate legal entity Can be lifted If You know the way🤭
TSairtawarian
post Jan 28 2022, 10:22 AM

Regular
******
Senior Member
1,252 posts

Joined: Jan 2012
QUOTE(yhtan @ Jan 28 2022, 10:06 AM)
listed company no need personal guarantee lah, i think u don't understand how bank works also. That is the benefit of listed company because bank can give u unsecured loan based on your company financial record.

This one is given back in year 2012, so how much bank untung? even loan impairment is part and parcel of their business, if u do business can confirm can collect all 100% from your debtors? sure got some people run away and not paying outstanding debt.

If u can buka multiple listed company with profitable financial track record, u think bank don't want to do your business? U keep focusing on this unsecured loan part, u didn't think about how many hundred millions deposit from Genting Group? How many secured loan from Genting Group? Before pandemic Genting cash and bank alone has few billions on hand, then when they issue bond, their IB also can untung commission from there. If RHB/CIMB/Maybank tak mau do Genting business, Genting can just go to UOB/DBS Singapore bank and borrow money from there, in the end Malaysia bank will lose all deposit and loan business.
*
Forgot to tell u genting cruise ship making losses Even before pandemic lagi. Go read their Annual report🤭
yhtan
post Jan 28 2022, 10:22 AM

Look at all my stars!!
*******
Senior Member
8,653 posts

Joined: Sep 2005
From: lolyat


QUOTE(airtawarian @ Jan 28 2022, 10:20 AM)
You know Why many banks involve? Becos it is unsecured that Why bank pun takut pinjam more. If secured only need 1 bank. Thats Why there is an arrangement Behind the scene btw proxy cronies related. Do You Even know there are Related ppl sitting in the bod? Go dig You will know. For listed company to raise fund So many ways to do it. PP RI hybrid equities redeemable share convertible share etc. Thats Why budak lim smart If Anything happen no need personally liable. Tengok toni boi AA pun tau. Even separate legal entity Can be lifted If You know the way🤭
*
Wow so great, apa proxy cronies throw out laugh.gif

I like your logic ya thumbsup.gif thumbsup.gif thumbsup.gif
SUStikaram
post Jan 28 2022, 10:23 AM

10k Club
********
All Stars
10,722 posts

Joined: Nov 2011
QUOTE(M4A1 @ Jan 28 2022, 11:07 AM)
there are thousands of question to be ask

example flood and etc

why choose the worst  doh.gif
*
You tidur ke?

Question tu dah ask.

Sekarang news on genting baru keluar. Mesti la Tanya NOW. Tak kan Nak Tanya next year . Top kek jkom ni
c64
post Jan 28 2022, 10:24 AM

Enthusiast
*****
Junior Member
711 posts

Joined: Sep 2021


QUOTE(nigerian prince @ Jan 27 2022, 05:04 PM)
private bank ada shareolder?
your logic really astounding haha
*
Got private bank?

Private bank= Ah Long
c64
post Jan 28 2022, 10:24 AM

Enthusiast
*****
Junior Member
711 posts

Joined: Sep 2021


QUOTE(M4A1 @ Jan 28 2022, 10:07 AM)
there are thousands of question to be ask

example flood and etc

why choose the worst  doh.gif
*
JkoM manyak kuat plotek. Must be soalan susah.
SUSM4A1
post Jan 28 2022, 10:24 AM

[*#^♥SONE♥^#]
******
Senior Member
1,365 posts

Joined: Aug 2005



QUOTE(tikaram @ Jan 28 2022, 10:23 AM)
You tidur ke?

Question tu dah ask.

Sekarang news on genting baru keluar.  Mesti la Tanya NOW. Tak kan Nak Tanya next year . Top kek jkom ni
*
tak ada answer la
doh.gif

follow up
TSairtawarian
post Jan 28 2022, 10:34 AM

Regular
******
Senior Member
1,252 posts

Joined: Jan 2012
QUOTE(yhtan @ Jan 28 2022, 10:22 AM)
Wow so great, apa proxy cronies throw out laugh.gif

I like your logic ya :thumbsup:  :thumbsup:  :thumbsup:
*
Read and read. Study who is sitting there. Relationship. Corporate world circle is very Small only🤭
SUStikaram
post Jan 28 2022, 10:36 AM

10k Club
********
All Stars
10,722 posts

Joined: Nov 2011
QUOTE(M4A1 @ Jan 28 2022, 11:24 AM)
tak ada answer la
doh.gif

follow up
*
Question banjir dah ask la.

Ini jkom slow sebab internet slow ke?
SUSredic
post Jan 28 2022, 10:36 AM

Casual
***
Junior Member
330 posts

Joined: Apr 2009

oren inside get commission like bung's wife

1st day live in msia?
SUSM4A1
post Jan 28 2022, 10:36 AM

[*#^♥SONE♥^#]
******
Senior Member
1,365 posts

Joined: Aug 2005



QUOTE(tikaram @ Jan 28 2022, 10:36 AM)
Question banjir dah ask la.

Ini jkom slow sebab internet slow ke?
*
ask but not answer

so just biarkan?

i thought u fight for rakyat?
grill the government la
SUSMPKL
post Jan 28 2022, 10:45 AM

New Member
*
Junior Member
6 posts

Joined: Jun 2019


Donald trump also owe many bank unsecured loan. U see those murican bank liquidated?
roseisrose
post Jan 28 2022, 10:50 AM

Getting Started
**
Junior Member
53 posts

Joined: Jan 2022
actually, why ask MOF ?
should ask the respective banks, right ?
katijar
post Jan 28 2022, 11:09 AM

Look at all my stars!!
*******
Senior Member
2,294 posts

Joined: Sep 2011
No follow sop?
g5sim
post Jan 28 2022, 12:11 PM

Look at all my stars!!
*******
Senior Member
5,752 posts

Joined: Jan 2003
From: Sri Kembangan


QUOTE(airtawarian @ Jan 28 2022, 10:06 AM)
MOF = Khazanah = PNB = EPF🤭
*
Ya they have share but since when MOf control banks business decisions!
TSairtawarian
post Jan 28 2022, 01:48 PM

Regular
******
Senior Member
1,252 posts

Joined: Jan 2012
QUOTE(g5sim @ Jan 28 2022, 12:11 PM)
Ya they have share but since when MOf control banks business decisions!
*
MOF Didnt control But shareholders have a right to convene an EGM to request board of directors to answer this. How much profit generated from the unsecured Loan to genting hk given the fact that the company is making losses since his son LKT took over. Whether the directors and Ind NED aware of the management decision? Any resolution passed in giving the biggest unsecured loan to one corporate company? How much being write off? Any impairment done?

Fernando Jr Copernicus

Bermula pinjaman zaman Jibby Al Jho Lo 😂😂😂

"So for as long as Genting Hong Kong was in operation, it’s always been in business with Maybank to establish investor relations and secure loans. And in 2012, Genting Hong Kong managed to secure loans from both Maybank and RHB, amounting up to a whopping USD$1.15billion and USD$420million respectively. Apparently, the deal with Maybank was considered to be one of the largest finance arrangements by Maybank."

https://cilisos.my/genting-hks-currently-rm...gonna-collapse/
SUSbadmilk
post Jan 28 2022, 02:42 PM

Getting Started
**
Junior Member
57 posts

Joined: Jun 2009
From: Georgetown,Penang




QUOTE(airtawarian @ Jan 28 2022, 09:30 AM)
Ko ni pun bodoh. No one say bank cannot pinjam. Why pinjam without cagaran? Genting So many lands tanah Why cannot give bank cagar? Even normal ppl company want pinjam bank ask collateral. This one hundred millions boleh suka2 give unsecure no need pay back. Babi rakyat macam u Sure habis negara ini
*
Cuma orang miskin dan pipit jer perlu cagaran.

Helang tu . Guna name sahaja boleh dapat duit.

Kalau u tak faham teori ini. Faham faham jer anda golongan mana.

Kenapa i boleh dapat 500k tanpa cagaran. Tapi orang lain perlu cagaran?

Sama la dgn billion. Kalau ikut nama jer..tgk la nama u apa.

kalau semua ikut logik kampung u.cagaran?? Hahah.

The world would be a fair place. Naive betul la hang ini.

This post has been edited by badmilk: Jan 28 2022, 02:48 PM
COOLPINK
post Jan 28 2022, 02:46 PM

Look at all my stars!!
*******
Senior Member
3,665 posts

Joined: Oct 2010
pipit: i want to apply unsecured loans.
bank: no such thing!

helang: gimme money no questions asked.
bank: ok......
SUSbadmilk
post Jan 28 2022, 02:56 PM

Getting Started
**
Junior Member
57 posts

Joined: Jun 2009
From: Georgetown,Penang




QUOTE(COOLPINK @ Jan 28 2022, 02:46 PM)
pipit: i want to apply unsecured loans.
bank: no such thing!

helang: gimme money no questions asked.
bank: ok......
*
Infact the richer u are in society. The less u have to pay.

Company/kerajaan pay ur expenses, car/ home / living expenses while ur salary untouched.

- also if ur name carry certain weight u get everything for free

- annuar ini want act stupid and be juara kampung thats why ask this stupid question.

Patutla dia ini PM TEPI forever. And his army come /k promote this dumb ass statement.

Pui.

This post has been edited by badmilk: Jan 28 2022, 02:57 PM
TSairtawarian
post Jan 28 2022, 03:26 PM

Regular
******
Senior Member
1,252 posts

Joined: Jan 2012
QUOTE(badmilk @ Jan 28 2022, 02:56 PM)
Infact the richer u are in society. The less u have to pay.

Company/kerajaan pay ur expenses, car/ home / living expenses while ur salary untouched.

- also if ur name carry certain weight u get everything for free

- annuar ini want act stupid and be juara kampung thats why ask this stupid question.

Patutla dia ini PM TEPI forever. And his army come /k promote this dumb ass statement.

Pui.
*
Ok la. At least bang non berani jadi jaguh kampung. Yg kroni2 taik BN Pn semua diam je🤭 semua geng genting
TSairtawarian
post Jan 28 2022, 03:40 PM

Regular
******
Senior Member
1,252 posts

Joined: Jan 2012
QUOTE(yhtan @ Jan 28 2022, 10:22 AM)
Wow so great, apa proxy cronies throw out laugh.gif

I like your logic ya :thumbsup:  :thumbsup:  :thumbsup:
*
You can learn from jho low🤣🤣 become shadow advisor cum director cum mastermind easy escape liability. So many ways to siphon money but I cannot teach you la🤭

https://m.malaysiakini.com/news/608788
Medusakia
post Jan 29 2022, 09:43 AM

Getting Started
**
Junior Member
162 posts

Joined: Mar 2020
QUOTE(Namelessone1973 @ Jan 28 2022, 08:32 AM)
Let's be fair, the loan would be very profitable if the pandemic did not happen. Nobody would have cared whether it's secured or unsecured if the pandemic did not affect cruise biz around the world.
*
Even before pandemic Started the genting Hong kong was making losses. What nonsense you talking?

“The operating loss and unaudited consolidated net loss of the group for the six months ended June 30, 2020 are expected to be not less than US$300 million (RM1.25 billion) and US$600 million respectively, compared to an operating loss of US$38.3 million and an unaudited consolidated net loss of US$56.5 million for the corresponding period in 2019,” Lim said in a filing dated Aug 3.

zenoboy111
post Jan 29 2022, 09:52 AM

Getting Started
**
Junior Member
133 posts

Joined: Jul 2016


QUOTE(ifourtos @ Jan 27 2022, 05:10 PM)
it definitely can be questioned.

it almost certainly can be investigated too.
Because this is not logical.

Bank should protect their interest. Not Genting's....

unless there is a special arrangement, due to special "arrangement", between special VIPss.
*
one for sure, pass to MACC also no use
Medusakia
post Jan 29 2022, 09:56 AM

Getting Started
**
Junior Member
162 posts

Joined: Mar 2020
QUOTE(Boomwick @ Jan 27 2022, 08:05 PM)
Anwar

Bank shud cancel all your credit card also because they are unsecured facilities and maybe you will bankrupt also
*
Bank can go after the person sue him bankrupt but lim kok thay is smart refuse to give any personal guarantee to bank and managed to get unsecured loan from all banks.

Have You wonder why chinaman company like Public bank and Hong Leong bank refuse to lend to genting? They know banks need to be answerable to their stakeholders and their banks would not be stupid to give something in future anything happen they still can collect back and not become bad debt.

Genting know Maybank RHB CIMB (all government appointed GLC) Easy to pass whatever decision during board of meeting since they did not own any majority shares unlike Public n HLB. If Anything happen, they are only employee after all. Wont need to bear any consequence. Common sense my friend
TSairtawarian
post Jan 29 2022, 11:22 AM

Regular
******
Senior Member
1,252 posts

Joined: Jan 2012
Now blame germany pulak🤣🤣🤣
Naruko
post Jan 29 2022, 11:23 AM

New Member
*
Junior Member
14 posts

Joined: Sep 2021
Salah LEE
Ikankoring
post Jan 29 2022, 11:25 AM

Getting Started
**
Junior Member
82 posts

Joined: Jan 2022
Bagi write off je machiam felda
SUSAccord2018
post Jan 29 2022, 11:35 AM

Time Will Tell !!
*******
Senior Member
9,617 posts

Joined: Aug 2015
QUOTE(Medusakia @ Jan 29 2022, 09:56 AM)
Bank can go after the person sue him bankrupt but lim kok thay is smart refuse to give any personal guarantee to bank and managed to get unsecured loan from all banks.

Have You wonder why chinaman company like Public bank and Hong Leong bank refuse to lend to genting? They know banks need to be answerable to their stakeholders and their banks would not be stupid to give something in future anything happen they still can collect back and not become bad debt.

Genting know Maybank RHB CIMB (all government appointed GLC) Easy to pass whatever decision during board of meeting since they did not own any majority shares unlike Public n HLB. If Anything happen, they are only employee after all. Wont need to bear any consequence. Common sense my friend
*
that is the problem. The workers dun own the business. only treat themselves as workers. If u know will affect ur assets, u think u so brave to build many ships ah.
TSairtawarian
post Jan 29 2022, 11:44 AM

Regular
******
Senior Member
1,252 posts

Joined: Jan 2012
QUOTE(Accord2018 @ Jan 29 2022, 11:35 AM)
that is the problem. The workers dun own the business. only treat themselves as workers. If u know will affect ur assets, u think u so brave to build many ships ah.
*
True. Public teh Hong piow 23% shares and HLB Quek Leng chan 64% shares. Others banks BOD mostly cari makan staff🤭. Senang genting get free money untung I take rugi You bear🤣🤣🤣
JimbeamofNRT
post Jan 29 2022, 11:58 AM

the Original Lanji@_ Chicken Rice Shop Since 2002
******
Senior Member
1,902 posts

Joined: Sep 2012

QUOTE(badmilk @ Jan 28 2022, 02:56 PM)
Infact the richer u are in society. The less u have to pay.

Company/kerajaan pay ur expenses, car/ home / living expenses while ur salary untouched.

- also if ur name carry certain weight u get everything for free

- annuar ini want act stupid and be juara kampung thats why ask this stupid question.

Patutla dia ini PM TEPI forever. And his army come /k promote this dumb ass statement.

Pui.
*
+1

banks love to give loans to rich fellas/co

even when you dont need it, they can come to you with creative loan package

TSairtawarian
post Jan 29 2022, 12:00 PM

Regular
******
Senior Member
1,252 posts

Joined: Jan 2012
QUOTE(JimbeamofNRT @ Jan 29 2022, 11:58 AM)
+1

banks love to give loans to rich fellas/co

even when you dont need it, they can come to you with creative loan package
*
Correct. Thats Why bank Keep calling. Rmb one manager personally called and offered good interest rate. I Just buat bodoh🤣
JimbeamofNRT
post Jan 29 2022, 01:48 PM

the Original Lanji@_ Chicken Rice Shop Since 2002
******
Senior Member
1,902 posts

Joined: Sep 2012

QUOTE(Namelessone1973 @ Jan 28 2022, 08:32 AM)
Let's be fair, the loan would be very profitable if the pandemic did not happen. Nobody would have cared whether it's secured or unsecured if the pandemic did not affect cruise biz around the world.
*
QUOTE(Medusakia @ Jan 29 2022, 09:43 AM)
Even before pandemic Started the genting Hong kong was making losses. What nonsense you talking?

“The operating loss and unaudited consolidated net loss of the group for the six months ended June 30, 2020 are expected to be not less than US$300 million (RM1.25 billion) and US$600 million respectively, compared to an operating loss of US$38.3 million and an unaudited consolidated net loss of US$56.5 million for the corresponding period in 2019,” Lim said in a filing dated Aug 3.
*
Namelessone1973, please do some research lah dey

https://www.businesstimes.com.sg/companies-...ises-subsidiary

Demand for Genting Hong Kong's cruises has dropped significantly since the onset of the Covid-19 pandemic. The company posted a net loss of US$1.72 billion in 2020, widening from the US$159 million loss in 2019.

https://www.ggrasia.com/genting-hk-annual-l...211mln-in-2018/

Casino ship operator and gaming resort investor Genting Hong Kong Ltd has reported a net loss attributable to shareholders of nearly US$210.9 million for 2018, a 13-percent narrowing on the US$242.3-million consolidated net loss registered in 2017.

https://www.theedgemarkets.com/article/gent...-dealt-bad-hand

In FY2016, Genting HK slipped into the red, posting a net loss of US$504.23 million.




EVERY SINGLE YEAR RUGI


SUMMARY
2020- NET LOSS US$1.72 BILLION
2019- NET LOSS US$159 MILLION
2018- NET LOSS US$210.9 MILLION
2017- NET LOSS US$242.3 MILLION
2016- NET LOSS US$504.23 MILLION

This post has been edited by JimbeamofNRT: Jan 29 2022, 01:52 PM
Namelessone1973
post Jan 29 2022, 02:10 PM

Casual
***
Junior Member
320 posts

Joined: Jun 2019


QUOTE(JimbeamofNRT @ Jan 29 2022, 01:48 PM)
Namelessone1973, please do some research lah dey

https://www.businesstimes.com.sg/companies-...ises-subsidiary

Demand for Genting Hong Kong's cruises has dropped significantly since the onset of the Covid-19 pandemic. The company posted a net loss of US$1.72 billion in 2020, widening from the US$159 million loss in 2019.

https://www.ggrasia.com/genting-hk-annual-l...211mln-in-2018/

Casino ship operator and gaming resort investor Genting Hong Kong Ltd has reported a net loss attributable to shareholders of nearly US$210.9 million for 2018, a 13-percent narrowing on the US$242.3-million consolidated net loss registered in 2017.

https://www.theedgemarkets.com/article/gent...-dealt-bad-hand

In FY2016, Genting HK slipped into the red, posting a net loss of US$504.23 million.

EVERY SINGLE YEAR RUGI


SUMMARY
2020- NET LOSS US$1.72 BILLION
2019- NET LOSS US$159 MILLION
2018- NET LOSS US$210.9 MILLION
2017- NET LOSS US$242.3 MILLION
2016- NET LOSS US$504.23 MILLION
*
Do you really think this type of biz will be profitable from day 1? The company need to pump in huge amount of capital in the first few years. Look at the loss from 2016 uo until 2019. It is quite clear the company is moving towards profitability if pandemic did not happened. 2020 is the year where the loss went out of control mainly because cruise biz was totally stopped around the world. Its like Genting themepark? They spend so much building it. Do you really think its going to be profitable in the first few years?
JimbeamofNRT
post Jan 29 2022, 02:19 PM

the Original Lanji@_ Chicken Rice Shop Since 2002
******
Senior Member
1,902 posts

Joined: Sep 2012

QUOTE(Namelessone1973 @ Jan 29 2022, 02:10 PM)
Do you really think this type of biz will be profitable from day 1? The company need to pump in huge amount of capital in the first few years. Look at the loss from 2016 uo until 2019. It is quite clear the company is moving towards profitability if pandemic did not happened. 2020 is the year where the loss went out of control mainly because cruise biz was totally stopped around the world. Its like Genting themepark? They spend so much building it. Do you really think its going to be profitable in the first few years?
*
apparently you just lazy to read the whole article from 2016

https://www.theedgemarkets.com/article/gent...-dealt-bad-hand

“The China cruise market, which was originally Genting HK’s targeted market for its upcoming mega ships, is seeing a price war as new industry capacity growth has outstripped demand. We believe Genting HK’s first mega cruise ship, Genting Dream, has managed an average occupancy rate of only 80%,” says UOB Kay Hian Research analyst Vincent Khoo in a report.

“In contrast, US cruise ships typically command an occupancy rate of more than 100% for lower berth capacity, which means Genting Dream will need to significantly lift its occupancy rate for Ebitda to break even.”

---------

and the blaming game continues

https://www.theedgemarkets.com/article/gent...perators-demise

Genting's Lim Kok Thay blames Germany for cruise operator’s demise

(Jan 29): Tan Sri Lim Kok Thay, the former chairman of Genting Hong Kong Ltd, which slid into provisional liquidation last week, has accused the German government of walking away from a promise to provide capital to Genting’s shipbuilding unit, whose demise ultimately forced the cruise ship operator to seek court assistance to safeguard its assets.

This post has been edited by JimbeamofNRT: Jan 29 2022, 02:22 PM
TSairtawarian
post Jan 29 2022, 02:38 PM

Regular
******
Senior Member
1,252 posts

Joined: Jan 2012
QUOTE(JimbeamofNRT @ Jan 29 2022, 01:48 PM)
Namelessone1973, please do some research lah dey

https://www.businesstimes.com.sg/companies-...ises-subsidiary

Demand for Genting Hong Kong's cruises has dropped significantly since the onset of the Covid-19 pandemic. The company posted a net loss of US$1.72 billion in 2020, widening from the US$159 million loss in 2019.

https://www.ggrasia.com/genting-hk-annual-l...211mln-in-2018/

Casino ship operator and gaming resort investor Genting Hong Kong Ltd has reported a net loss attributable to shareholders of nearly US$210.9 million for 2018, a 13-percent narrowing on the US$242.3-million consolidated net loss registered in 2017.

https://www.theedgemarkets.com/article/gent...-dealt-bad-hand

In FY2016, Genting HK slipped into the red, posting a net loss of US$504.23 million.

EVERY SINGLE YEAR RUGI


SUMMARY
2020- NET LOSS US$1.72 BILLION
2019- NET LOSS US$159 MILLION
2018- NET LOSS US$210.9 MILLION
2017- NET LOSS US$242.3 MILLION
2016- NET LOSS US$504.23 MILLION
*
Good job Bro. Need more Smart ppl like you
jehe23
post Jan 29 2022, 10:41 PM

New Member
*
Newbie
1 posts

Joined: Jul 2009
QUOTE(Taipan052 @ Jan 28 2022, 05:56 AM)
ex Finance minister
macai bodoh macam you apa tau
*
Ex Finance Minister shouldve know better than this. You percaya bulat2 bang Non. kesian...
jehe23
post Jan 29 2022, 10:51 PM

New Member
*
Newbie
1 posts

Joined: Jul 2009
Hahaha. Level of financial literacy here is too damn low not to mention the understanding of banking sector. Cakap serupa semua pernah kerja bank. Banks make money through lending. If got collateral like mortgage sure charge cheap ie slightly above funding cost. If not, charge higher interest rate. Also, orang tak bayar hutang is BAU for banks. Kalau Genting HK tak bayar hutang RM2.5bn, ada lagi byk loan yg perform or still bayar hutang boleh cover. So, banks sudah kira, overall still untung. Dia pun ada internal credit assessment which was done back in 2012 before covid hit. Bang Non acah2 nak compare zaman AFC 1999 yg NPL ratio close to 20% with loan coverage ratio of only 50%. Now coverage ratio is 130%. Even RM2.5bn is peanut for banks like Maybank, RHB and CIMB combined. Only concern here is if there VIPs agreement between Genting HK and banks mcm Bank Bumiputera dulu. Also, dulu Bank Bumiputera lend more than capital. But, Anwar didnt say anything about it. Now you check how big banks' capital. Sure can absorb this RM2.5bn. Check your facts before kene tipu bodoh2. Even worse, blame shareholders. Even let say I am CIMB's shareholder, you think I can interfere with mgmt. Corporate governance knowledge zero, nak comment sini. Shareholder has not information when deciding which loan to approve la. Only BOD will know if the amount is big, perhaps in this case.
Eurobeater
post Jan 31 2022, 02:40 PM

Kancil Dorifto!
******
Senior Member
1,190 posts

Joined: May 2018
From: Kuala Lumpur, Malaysia


Usually this kind of unsecured loan is revolving facilities. It's kinda like credit card. Normally no collateral one

But the bank also usually not bodo wan. They will usually impose certain conditions on these kind of loan. The most common is the fact that they shareholder cannot change and Genting must maintain its majority ownership or something similar. That way, the bank can be somewhat assured that the parent would do something to save the subsidiary, even tho not foolproof.
Medusakia
post Feb 3 2022, 06:06 PM

Getting Started
**
Junior Member
162 posts

Joined: Mar 2020
QUOTE(jehe23 @ Jan 29 2022, 10:41 PM)
Ex Finance Minister shouldve know better than this. You percaya bulat2 bang Non. kesian...
*
At least as an elected representative, He dared to voice out the implication towards majority shareholders being affected by this lopsided loan between Big corporation and normal citizen.

Have You ever heard idiot ministers or Even Ruling government from PN BN PAS MCA MIC commenting? Simple, cronies and proxies everywhere. Go study history If You do not know who are the one helping lim goh tong behind.
TSairtawarian
post Feb 25 2022, 09:46 PM

Regular
******
Senior Member
1,252 posts

Joined: Jan 2012
QUOTE(yhtan @ Jan 28 2022, 10:22 AM)
Wow so great, apa proxy cronies throw out laugh.gif

I like your logic ya :thumbsup:  :thumbsup:  :thumbsup:
*
Boss as told u shadow director sudah mari🤭

https://www.freemalaysiatoday.com/category/...n-court-filing/
yhtan
post Feb 25 2022, 09:59 PM

Look at all my stars!!
*******
Senior Member
8,653 posts

Joined: Sep 2005
From: lolyat


QUOTE(airtawarian @ Feb 25 2022, 09:46 PM)
Boss as told u shadow director sudah mari🤭

https://www.freemalaysiatoday.com/category/...n-court-filing/
*
Topkek drag Jho Low and 1MDB case and compare with Genting
TSairtawarian
post Feb 26 2022, 09:56 AM

Regular
******
Senior Member
1,252 posts

Joined: Jan 2012
QUOTE(yhtan @ Feb 25 2022, 09:59 PM)
Topkek drag Jho Low and 1MDB case and compare with Genting
*
Lol. You Must be noobie in corporate world or You have too much shares there🤭

 

Change to:
| Lo-Fi Version
0.0496sec    0.84    5 queries    GZIP Disabled
Time is now: 16th December 2025 - 01:41 AM