Everyone says M get this special treatment, no man, actual M is selling food at the roadside, nobody cares. This is more like “who’s your daddy?”

Yup, on the basis of he convinced new investor to pump money in.

Ask your doggie President comment why no dare to attack Sapura like MAHB? Why so silent? Because doggie President scare offend 2000 crony BN silent until now. Doggie pls attack want to hear eunuch wee comment. Bet 100% not dare🤭🤭🤣🤭😂🤭

PNB justifies govt’s Sapura Energy investment
By GANESHWARAN KANA
Corporate News
Thursday, 13 Mar 2025

PETALING JAYA: Permodalan Nasional Bhd (PNB) issued an eight-point statement to justify that the government’s RM1.1bil capital injection into Sapura Energy Bhd is not a “bailout”.

PNB is an existing significant shareholder of Sapura Energy.

The first point highlighted in the statement was that the funds from the government will be exclusively used to repay local vendors. It said Sapura Energy has more than 2,000 vendors, many of which are small and medium enterprises and employ approximately 59,000 core employees in the oil and gas (O&G;) industry.

Second, the investment helps to preserve the Malaysian O&G; industry.

Preserving Sapura Energy and the broader oil and gas ecosystem is essential for the continuity of projects that contribute to national revenue and energy security.”

Third, the RM1.1bil investment will positively catalyse economic growth.

Without Sapura Energy and its local vendors, PNB argues that the work will have to be outsourced to foreign and non-Malaysian providers, thus leading to payments flowing out of Malaysia.

“The investment will ensure the country’s oil and gas work will continue to be done by Malaysians, benefiting Malaysian gross national income by RM1.1bil and positively impacting our currency exchange rate.”

Fourth, the investment will facilitate the completion of one of the largest corporate and debt restructuring in Malaysia.

Fifth, the investment is undertaken in line with global restructuring best practice.

Sixth, the investment decision has gone through due diligence and review process.

Seventh, the investment is consistent with what other countries had undertaken to preserve their strategic industry.

“Examples include the government of Singapore’s investment in the restructuring of Sembcorp through Temasek as well as the South Korean’s investment in the restructuring of Daewoo Shipbuilding.”

Eighth, the investment by Malaysia Development Holdings Sdn Bhd (MDH) is repayable.

“The investment in Sapura Energy redeemable convertible loan stocks generates fixed profit payment to MDH and is redeemable with the option to enjoy the upside through conversion into shares should Sapura Energy’s share price perform in the future.”

Source: https://www.thestar.com.my/business/busines...ergy-investment

Following the merger, Mokhzani held a significant stake in the combined entity. Over the years, he gradually reduced his shareholding:

February 2014: Sold 190.3 million shares at RM4.30 each, totaling RM820 million.

November 2017: Disposed of 384.97 million shares at RM1.42 each, amounting to RM577.46 million, effectively ceasing to be a substantial shareholder.


These strategic divestments allowed Mokhzani to exit his investments in Sapura Energy before the company's financial challenges intensified.

Use la Chatgpt nowadays. Inb4 general knowledge matters

He shared history info when we discussing things for 2025 issues. 2025 Mamakdir sons no more in the pictures

no difference la

PeeN would have done the same thing.

you just look at the example during MCO the way they bail out everyone.

until no more retirement monies.

Hope the rm1.1B by the gomen is the loan, not a special assistant as MAS times. Use the money to pay debt to their vendors in the idea after this, they can pickup a pace and standing back. Where environment now more challenging for Oil & Gas, Petronas downsizing, Petros back in the pictures (sure they prefer local contractor in future), more and more a smaller Contractor company founded like Epic, T7 and rest.

U compare now and zaman covid, really? Ppl can't go out to work, i-sinar was optional if you really needed money to solve short term financial issues during covid

But now apa citer? Harga barang naik mendadak tu salah madani jugak kan? PMX so much pressure to do i-sinar until need to do epf account 3?

Eh M14A1 Wee Wee spawn, yes yes, he also gave those rich co directors money that they can't go to work n need money.

https://www.bbc.com/news/world-asia-64911538


Prosecutors have accused him of sourcing $51m (£42m) in bribes from companies who hoped to benefit from an emergency government spending programme. They have also alleged two instances of money laundering through the fund.

If convicted he faces 20 years in prison. Mr Muhyiddin entered a not guilty plea in court on Friday and was released on bail - although his passport was withheld.

It's also actual M that defends the most when it comes to article 153. That's was why I questioned, what's the need to defend gao gao on "special rights" that only on paper and does not give them much benefits but at the same time give them a bad image globally? And letting other ppl looking down on them?

Uni quota can be done without 153
Bumi discount on property can also be done without 153 and also even smart Bumi will not buy due to its disadvantages when it comes to investment etc

What else they got? ASB? yea.. no need 153 also.

If nowadays still got many actual M ignorance and do not how to think properly, then so be it

This post has been edited by MasBoleh!: Mar 13 2025, 09:55 AM

ini apa?
https://www.malaysianow.com/news/2022/01/24...roubled-airasia
sos



dont be too tertindas can or not?

Aiyo

That's exactly what unker mean

Your comprehension failed?

Why does he quit if it's cash cow?

Why did atok bailout it in 2019?

There must be some hanky panky things there

Hope DSAI can find the evidence to nail down this super corrupted family

This post has been edited by GagalLand: Mar 13 2025, 12:19 PM

Story or fake news?

PMX’s berkotak kotak dokumen against Atuk also cannot show. Cannot even provide evidence when accuse Atuk corrupt until court case… not to mention the #of DNAA given…. Sabah corruption case until …. Still got hope to find meh? Easier to find a needle in a haystack then to find hanky panky. 😂😂😂😂😂😂😂

this is loan, sapura 1.1 bil is loan?

Cash cow apanya, the company is going downhill. Better jump ship first la.

its a type of help kan. ypu said didnt even help air asia. turn out ada.

dont shift goal post can or not?

When you appoint stupid mike tikus M4A1 to argue it is doomed🤭😂🤣

PUTRAJAYA: The RM1.1bil injection into the debt-laden Sapura Energy Bhd should be repaid as it was provided in the form of capital loans, says Prime Minister Datuk Seri Anwar Ibrahim.

Anwar - who is also the Finance Minister - said the fund would be converted into a capital loan, with the expectation that Sapura's new management will repay it once they recover.

"What is being done is that this injection will be used as loan capital so that the new management will hopefully manage the fund better, make a profit, and repay the injection fund of RM1.1bil.

"This is not a bailout, but it is being implemented in the form of a loan," he said in his address at the Finance Ministry's monthly assembly on Thursday (March 13).


Anwar added that a forensic audit was conducted by the accounting firm Ernst & Young (EY) to ensure transparency before the decision was reached.

"And believe me, the decision is not an easy one.

"I am one of the strongest critics against government bailouts because of my experience from back in 1997 and 1998, I opposed the bailouts to large shipping companies that involved the children of a former prime minister," said Anwar.