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 The biggest scam in Khazanah

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TSMedusakia
post Nov 4 2024, 01:12 PM, updated 2y ago

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giftfre
post Nov 4 2024, 01:15 PM

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One year one Company. Plz wait for 2025 baru report company ni.
tahun ni F.Valet
supsupsui
post Nov 4 2024, 01:18 PM

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b40 dengki T01
langstrasse
post Nov 4 2024, 01:21 PM

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I want to work at Khazanah
moiskyrie
post Nov 4 2024, 01:26 PM

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Kidzania?
e-lite
post Nov 4 2024, 01:32 PM

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QUOTE(langstrasse @ Nov 4 2024, 01:21 PM)
I want to work at Khazanah
*
sorry you not helang
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Satan Fallen One
post Nov 4 2024, 01:32 PM

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Everyone that got into position of power also got the mentality that it is their turn to receive benefit from system and position instead of improving things and be better.

Strangely, Malaysia majority likes people with this kind of mentality.

This post has been edited by Satan Fallen One: Nov 4 2024, 01:33 PM
Autocountstick
post Nov 4 2024, 01:32 PM

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Petronas & EPF
tahfeikei
post Nov 4 2024, 01:38 PM

TALK TO MY ENGRISH
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SUSMilfuntastic
post Nov 4 2024, 01:39 PM

Real man help each other not SUS one another
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fongsk26
post Nov 4 2024, 01:48 PM

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QUOTE(Medusakia @ Nov 4 2024, 01:12 PM)
So what is the current chairman of Khazanah going to do with such issues? First that fashion company, then this. Has he instructed his team to look into other possible areas of failures to prevent recurrence or it is business as usual.
Note how actively UMNO is pushing hard for heads to roll in the fashion issue. Something we do not know or is it related to what aisehman twittered below? Initially everyone just pointed fingers at UMNO\BN cronyism. Now suddenly that Akmal fella is ‘fighting back’….


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coyouth
post Nov 4 2024, 01:50 PM

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QUOTE(Medusakia @ Nov 4 2024, 01:12 PM)
khazanah also going down the drain? probably gotta change their name already. khazanah no longer a treasure.
Mattrock
post Nov 4 2024, 01:54 PM

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Kazanah is under MOF, I.e., PMX. Anwar should step down for all these collosal screw ups and mismanagement. He is quick to point fingers at others but not himself.
SUSkopitiamtardx
post Nov 4 2024, 01:55 PM

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Pirates looting the treasure
IamBlind
post Nov 4 2024, 01:56 PM

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konon company check and personnel background check.
whphon
post Nov 4 2024, 01:59 PM

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bagus, org bodoh yg percaya saja
tkn0811
post Nov 4 2024, 02:00 PM

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sadly, they prefer being scammed by org kito than being scammed by org asing...
coyouth
post Nov 4 2024, 02:09 PM

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QUOTE(Izzet @ Nov 4 2024, 01:58 PM)
Nampak macam semua bisnes org kito itu scam job sepenuhnya..

Unlike grab dan sebagainya..

Org kito tidak ada skill dlm business..

Cuma Sekadar harapkan tongkat Dan tumpang kaya Dan sukses non jer pandai
*
that's why i have no regrets when i couldn't get a job at GLC. ada gaya tak ada mutu
darosha
post Nov 4 2024, 02:12 PM

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its not a scam
but whoever in khazanah or pnb that choose to invest
need to be sacked
sihamsedap
post Nov 4 2024, 02:13 PM

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u know these k company bosses like to be based overseas, shanghai, istanbul etc

big house, big allowance, int school for their kids etc... for no reason

i know a few that have int assignment based on kabel je
SUSfuzzy
post Nov 4 2024, 02:37 PM

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Wanna fitnah but bodoh.

1) Amirul Feisal Wan Zahir was only appointed to Khazanah MD in 2021. The brother has been in Xeraya Capital as CEO since 2012.

2) First, it says Acutus Medical don't have a website. Just click on the damn link la: https://www.acutusmedical.com/us/ - furthermore, they were invested since 2011 and it was listed in 2020 at USD24 - unless they can prove Xeraya hasn't recouped the investments I'll hesistant to say they lost money on it.

3) AriaCV - again accuse no website. Just click on the link bodo: https://ariacv.com/ - here's the pitchbook link showing how much they have raised - https://pitchbook.com/profiles/company/107007-49#timeline

4) ConforMIS - they invested in 2011 I guess - which is pre-IPO. Why does this idiot think they paid USD14 for the shares? They invested a full 4-5 years prior to listing - when you know, it was not worth the USD14-15 yet. - here's the pitchbook link also https://pitchbook.com/profiles/company/11467-09#captable

5) I don't think the person understands the nature of PE funds. Most of them shit the bed, but thats the point of PE fund because you are chasing for the unicorn that covers the rest of the investment. For example, they also diverse ViewRay at around USD8-10 looking at the timeline, which should make them quite a bit given they went in below the IPO price or USD5.


DarkAeon
post Nov 4 2024, 02:39 PM

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good, shine more spotlight at khazanah. i'm sure there are plenty of scandals yet to be uncovered
cuddlybubblyteddy
post Nov 4 2024, 02:42 PM

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QUOTE(Mattrock @ Nov 4 2024, 02:54 PM)
Kazanah is under MOF, I.e., PMX. Anwar should step down for all these collosal screw ups and mismanagement. He is quick to point fingers at others but not himself.
*
2018 - 2022 fck up by PMX?

You serious bro?
langstrasse
post Nov 4 2024, 02:44 PM

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QUOTE(e-lite @ Nov 4 2024, 01:32 PM)
sorry you not helang
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How to become helang?
netmatrix
post Nov 4 2024, 02:49 PM

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QUOTE(langstrasse @ Nov 4 2024, 01:21 PM)
I want to work at Khazanah
*
Can. Then open subsidiary called KANNIABAH STRATEGIC INVESTMENTS. laugh.gif
giftfre
post Nov 4 2024, 02:51 PM

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Abah punya menantu yg buat fashion tu dah sampai mana dah?
alanyuppie
post Nov 4 2024, 02:55 PM

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QUOTE(giftfre @ Nov 4 2024, 02:15 PM)
One year one Company. Plz wait for 2025 baru report company ni.
tahun ni F.Valet
*
Budaya barat aka Santa Claus .. maybe each year they got special "allocation" to distribute wealth to cronies and write them off as "failed investment"


.

This post has been edited by alanyuppie: Nov 4 2024, 02:56 PM
giftfre
post Nov 4 2024, 02:58 PM

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These guys have a lot of experience about Khazanah Grant and they have cable kuat too. Kali ni rugi tak pa la. Tak perlu bayar sebab bukan loan kan. Next year come again with different person name and diala behind org tabir mcm JLow
PathofLife
post Nov 4 2024, 03:11 PM

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Okaylah, still got net income around RM 5 billion...owai
Chaud
post Nov 4 2024, 03:19 PM

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good company

ez songlap liao resign je
kamfoo
post Nov 4 2024, 03:30 PM

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rich get richer
kons
post Nov 4 2024, 03:40 PM

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since when they make money?

Pikichu
post Nov 4 2024, 03:57 PM

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capitalism will continue to reap profit and pass losses to the people.
FappyBird
post Nov 4 2024, 04:04 PM

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QUOTE(Satan Fallen One @ Nov 4 2024, 01:32 PM)
Everyone that got into position of power also got the mentality that it is their turn to receive benefit from system and position instead of improving things and be better.

Strangely, Malaysia majority likes people with this kind of mentality.
*
Asalkan org kita mentality

Asalkan org kita

Asalkan org

Asalkan
kolamazu
post Nov 4 2024, 05:04 PM

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Sigh, sana go tax hardworking T15, then those at the position to really Malaysia better, not doing their job....

Not healthy at all
jay
post Nov 4 2024, 05:06 PM

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so this is where the MYR leaking to international market
mac_mac21
post Nov 4 2024, 05:11 PM

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Kasi chan la.....

Kita Melayu , boomi miylik siapa ????
Chisinlouz
post Nov 4 2024, 05:16 PM

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He earn well in Mbb Ib and thought it's good thing going Khazanah.

Putting public funds to bro company when he's CEO pantang la

This post has been edited by Chisinlouz: Nov 4 2024, 05:17 PM
Lancer07
post Nov 4 2024, 05:28 PM

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It's cant be helped, kito pegang ma.
TSMedusakia
post Nov 4 2024, 06:23 PM

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QUOTE(fuzzy @ Nov 4 2024, 02:37 PM)
Wanna fitnah but bodoh.

1) Amirul Feisal Wan Zahir was only appointed to Khazanah MD in 2021. The brother has been in Xeraya Capital as CEO since 2012.

2) First, it says Acutus Medical don't have a website. Just click on the damn link la: https://www.acutusmedical.com/us/ - furthermore, they were invested since 2011 and it was listed in 2020 at USD24 - unless they can prove Xeraya hasn't recouped the investments I'll hesistant to say they lost money on it.

3) AriaCV - again accuse no website. Just click on the link bodo: https://ariacv.com/ - here's the pitchbook link showing how much they have raised - https://pitchbook.com/profiles/company/107007-49#timeline

4) ConforMIS - they invested in 2011 I guess - which is pre-IPO. Why does this idiot think they paid USD14 for the shares? They invested a full 4-5 years prior to listing - when you know, it was not worth the USD14-15 yet. - here's the pitchbook link also https://pitchbook.com/profiles/company/11467-09#captable

5) I don't think the person understands the nature of PE funds. Most of them shit the bed, but thats the point of PE fund because you are chasing for the unicorn that covers the rest of the investment. For example, they also diverse ViewRay at around USD8-10 looking at the timeline, which should make them quite a bit given they went in below the IPO price or USD5.
*
Brother sit as khazanah can approve? No conflict of interest?
Sunshape
post Nov 4 2024, 06:26 PM

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TS isn't afraid to receive LoD?

This post has been edited by Sunshape: Nov 4 2024, 06:26 PM
GagalLand
post Nov 4 2024, 06:29 PM

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MY Khazanah vs. SG Temasek

Do you know why Temasek >>> Khazanah?

This post has been edited by GagalLand: Nov 4 2024, 06:29 PM
SUSfuzzy
post Nov 4 2024, 06:54 PM

*pew pew pew*
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QUOTE(Medusakia @ Nov 4 2024, 06:23 PM)
Brother sit as khazanah can approve? No conflict of interest?
*
Can. One can declare the conflict of interest and remove themselves from the decision making.

Reality tu you buat pandai pandai la.
SUSEX Unseen Forces
post Nov 4 2024, 07:11 PM

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Told u PMX and DAP had to resign! bangwall.gif
pandah
post Nov 4 2024, 07:13 PM

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Khazanah in future: Apa salah sudah cut lost mahhhhhhhhh
SUSfuzzy
post Nov 4 2024, 07:20 PM

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QUOTE(GagalLand @ Nov 4 2024, 06:29 PM)
MY Khazanah vs. SG Temasek

Do you know why Temasek >>> Khazanah?
*
Temasek isn't really a great comparison. They are rich because Singapore is rich. Their 10 year TSR is at 6%, last year I think it was negative.

https://www.temasekreview.com.sg/

https://www.straitstimes.com/business/temas...-turns-negative

Temasek invested like SGD200-300mil on Byju. Today Byju is worth zero, even worse than FV.

https://www.techinasia.com/byjus-investors-...ange-leadership

https://cxotoday.com/news-analysis/a-byjus-...-indian-edtech/

They also pump in 300+mil in Unacademy, now also in trouble.
https://www.livemint.com/companies/news/una...9924145779.html

Not all that glitters is gold.
empstar2
post Nov 4 2024, 08:07 PM

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QUOTE(Satan Fallen One @ Nov 4 2024, 01:32 PM)
Everyone that got into position of power also got the mentality that it is their turn to receive benefit from system and position instead of improving things and be better.

Strangely, Malaysia majority likes people with this kind of mentality.
*
QUOTE(FappyBird @ Nov 4 2024, 04:04 PM)
Asalkan org kita mentality

Asalkan org kita

Asalkan org

Asalkan
*
danabu
post Nov 4 2024, 08:18 PM

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Tangkap. Good job
Avex
post Nov 4 2024, 08:18 PM

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QUOTE(Izzet @ Nov 4 2024, 01:58 PM)
Nampak macam semua bisnes org kito itu scam job sepenuhnya..

Unlike grab dan sebagainya..

Org kito tidak ada skill dlm business..

Cuma Sekadar harapkan tongkat Dan tumpang kaya Dan sukses non jer pandai
*
janji kite pegang, scam dan menipu berpisah tiada. Kalau dah rugi itu dugaan.
GagalLand
post Nov 4 2024, 08:33 PM

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Apparently you miss out the key factor

Why could SG be so rich?

The answer is the ppl who manages the country

QUOTE(fuzzy @ Nov 4 2024, 07:20 PM)
Temasek isn't really a great comparison. They are rich because Singapore is rich. Their 10 year TSR is at 6%, last year I think it was negative.

https://www.temasekreview.com.sg/

https://www.straitstimes.com/business/temas...-turns-negative

Temasek invested like SGD200-300mil on Byju. Today Byju is worth zero, even worse than FV.

https://www.techinasia.com/byjus-investors-...ange-leadership

https://cxotoday.com/news-analysis/a-byjus-...-indian-edtech/

They also pump in 300+mil in Unacademy, now also in trouble.
https://www.livemint.com/companies/news/una...9924145779.html

Not all that glitters is gold.
*
MrBaba
post Nov 4 2024, 09:06 PM

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QUOTE(Izzet @ Nov 4 2024, 01:58 PM)
Nampak macam semua bisnes org kito itu scam job sepenuhnya..

Unlike grab dan sebagainya..

Org kito tidak ada skill dlm business..

Cuma Sekadar harapkan tongkat Dan tumpang kaya Dan sukses non jer pandai
*
Who say no skill , songlap still 999 level okay . Jokes aside plenty Malay that is successful in business
SUSfuzzy
post Nov 4 2024, 09:07 PM

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QUOTE(GagalLand @ Nov 4 2024, 08:33 PM)
Apparently you miss out the key factor

Why could SG be so rich?

The answer is the ppl who manages the country
*
Ownself say temasek now suddenly switch to Singapore.

Gagal.
delon85
post Nov 4 2024, 09:20 PM

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QUOTE(fuzzy @ Nov 4 2024, 07:20 PM)
Temasek isn't really a great comparison. They are rich because Singapore is rich. Their 10 year TSR is at 6%, last year I think it was negative.

https://www.temasekreview.com.sg/

https://www.straitstimes.com/business/temas...-turns-negative

Temasek invested like SGD200-300mil on Byju. Today Byju is worth zero, even worse than FV.

https://www.techinasia.com/byjus-investors-...ange-leadership

https://cxotoday.com/news-analysis/a-byjus-...-indian-edtech/

They also pump in 300+mil in Unacademy, now also in trouble.
https://www.livemint.com/companies/news/una...9924145779.html

Not all that glitters is gold.
*
Are founders of those 3 companies sons/daughters of any Singapore politically connected persons?

This post has been edited by delon85: Nov 4 2024, 09:30 PM
vexus
post Nov 4 2024, 09:36 PM

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last time we apa benda pun startups company. All startups are white elephant project.
tohff7
post Nov 5 2024, 10:35 AM

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QUOTE(fuzzy @ Nov 4 2024, 02:37 PM)
Wanna fitnah but bodoh.

1) Amirul Feisal Wan Zahir was only appointed to Khazanah MD in 2021. The brother has been in Xeraya Capital as CEO since 2012.

2) First, it says Acutus Medical don't have a website. Just click on the damn link la: https://www.acutusmedical.com/us/ - furthermore, they were invested since 2011 and it was listed in 2020 at USD24 - unless they can prove Xeraya hasn't recouped the investments I'll hesistant to say they lost money on it.

3) AriaCV - again accuse no website. Just click on the link bodo: https://ariacv.com/ - here's the pitchbook link showing how much they have raised - https://pitchbook.com/profiles/company/107007-49#timeline

4) ConforMIS - they invested in 2011 I guess - which is pre-IPO. Why does this idiot think they paid USD14 for the shares? They invested a full 4-5 years prior to listing - when you know, it was not worth the USD14-15 yet. - here's the pitchbook link also https://pitchbook.com/profiles/company/11467-09#captable

5) I don't think the person understands the nature of PE funds. Most of them shit the bed, but thats the point of PE fund because you are chasing for the unicorn that covers the rest of the investment. For example, they also diverse ViewRay at around USD8-10 looking at the timeline, which should make them quite a bit given they went in below the IPO price or USD5.
*
too technical and lengthy for the mass to read and understand laugh.gif
staticxtreme
post Nov 5 2024, 10:40 AM

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this guy's X post should be protected to out all these ppl
GagalLand
post Nov 5 2024, 12:31 PM

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Topkek

You sendiri said Temasek looks good because SG is rich

Now pusing tuduh unker switched to SG

Stop pusing sini pusing sana like the gagal abahkau


QUOTE(fuzzy @ Nov 4 2024, 07:20 PM)
Temasek isn't really a great comparison. They are rich because Singapore is rich. Their 10 year TSR is at 6%, last year I think it was negative.

https://www.temasekreview.com.sg/

https://www.straitstimes.com/business/temas...-turns-negative

Temasek invested like SGD200-300mil on Byju. Today Byju is worth zero, even worse than FV.

https://www.techinasia.com/byjus-investors-...ange-leadership

https://cxotoday.com/news-analysis/a-byjus-...-indian-edtech/

They also pump in 300+mil in Unacademy, now also in trouble.
https://www.livemint.com/companies/news/una...9924145779.html

Not all that glitters is gold.
*
QUOTE(fuzzy @ Nov 4 2024, 09:07 PM)
Ownself say temasek now suddenly switch to Singapore.

Gagal.
*
This post has been edited by GagalLand: Nov 5 2024, 12:33 PM
SUSfuzzy
post Nov 5 2024, 12:48 PM

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QUOTE(GagalLand @ Nov 5 2024, 12:31 PM)
Topkek

You sendiri said Temasek looks good because SG is rich

Now pusing tuduh unker switched to SG

Stop pusing sini pusing sana like the gagal abahkau
*
QUOTE(GagalLand @ Nov 4 2024, 06:29 PM)
MY Khazanah vs. SG Temasek

Do you know why Temasek >>> Khazanah?
*
I quote you back la. You initially say Temasek >>> Khazanah. I showed you it's not, their average TSR over 20 years is around 7%, which is lower than the S&P500 index. Their fund grew because the Singapore government makes money. Singapore government =/= Temasek.

Then when I showed the data, you suddenly switch to say Singapore government is good, which I never disputed. But Singapore > Malaysia is not the same as Temasek > Khazanah.

I know we like to bash Malaysia, I also think FV was seriously stupid investment but holding another poor example as a shining example of "good" doesn't work when that example is also poor.
SUSNajibaik
post Nov 5 2024, 12:49 PM

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janji apple kito

first day in meleisia?
ingat pmx tu tak sama?

sama je
Diesel 86
post Nov 5 2024, 12:52 PM

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QUOTE(Satan Fallen One @ Nov 4 2024, 01:32 PM)
Everyone that got into position of power also got the mentality that it is their turn to receive benefit from system and position instead of improving things and be better.

Strangely, Malaysia majority likes people with this kind of mentality.
*
+1
GagalLand
post Nov 5 2024, 01:35 PM

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No need to white wash Khazanah

Failed means failed

Good means good

QUOTE(fuzzy @ Nov 5 2024, 12:48 PM)
I quote you back la. You initially say Temasek >>> Khazanah. I showed you it's not, their average TSR over 20 years is around 7%, which is lower than the S&P500 index. Their fund grew because the Singapore government makes money. Singapore government =/= Temasek.

Then when I showed the data, you suddenly switch to say Singapore government is good, which I never disputed. But Singapore > Malaysia is not the same as Temasek > Khazanah.

I know we like to bash Malaysia, I also think FV was seriously stupid investment but holding another poor example as a shining example of "good" doesn't work when that example is also poor.
*
This post has been edited by GagalLand: Nov 5 2024, 01:36 PM
differ
post Nov 5 2024, 01:47 PM

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In the end, it's the bumiputeras who are bleeding the country dry. Take and take and take, but give what in return?
SUSfuzzy
post Nov 5 2024, 01:53 PM

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QUOTE(GagalLand @ Nov 5 2024, 01:35 PM)
No need to white wash Khazanah

Failed means failed

Good means good
*
Exactly, so why wanna do Temasek >>> Khazanah?

Just Khazanah is bad cukup.

Nak protek sangat using bumi card that is what we get.

https://www.nst.com.my/business/corporate/2...rs-khazanah-pnb

They never check financial statement ke?

 

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