OutSyed The Box Friday, September 26, 2014 Arabs L*wat Super Dunggus Again. Blogger UMNO Sila Get Ready Tutup Bangkai Gajah Some days ago a couple of friends and I were in a conversation with someone (wish I could say who) who said that all these Arab investors being brought in by the Najib regime are ripping us off. Arabs certainly do not have any technology. Their business skills are questionable. It depends on a bottomless pit of buta oil money. But it turns out now that they may not even have money. Yet they can still outsmart our local superdunggus. Now the arab investment model has changed. They come here and borrow money from our local banks to finance their JVs with the dunggu GLCs. Depa pinjam duit kita lepas itu depa melabur duit itu dalam syarikat GLC dunggu. They are brought here by really dunggu GLC nuts who seem to think the world about arabs. They already l*watted Khazanah nice and proper in Iskandar. Another bunch of superdunggus who have brought in arabs is 1MDB. Now here is news about these arab investors pulling out from 1MDBs TRX project. 1MDB may face loss of global investors in Tun Razak Exchange and Bandar Malaysia The Malaysian Insider 1MDB may face loss of global investors in TRX & Bandar Malaysia Qatar & Abu Dhabi pulling billions of ringgit out lack of transparency, slow progress, lack of experience ! ! ! substantial interest (costs) will accumulate 1MDB & Aabar raised RM9.7 billion to fund RM18bil projects (Woi, what has happened to this RM9.7 Billion??) TRX their first 50:50 joint venture - Abu Dhabi Malaysia Investment Co Qatar Investment Authority (QIA) pledged US$5bil in Bandar Msia In exchange, 1MDB promised QIA 1st choice of land, before ..local developers. investor from Kuwait recently pulled out. 1MDB developer for TRX & 200.3ha Bandar Msia township project had yet to start earthworks several changes & this caused delays KL mayor said all necessary approvals issued Earthworks approved by (DBKL) last year plans completed in 2012, construction to start June 2012. DBKL had yet to receive any application (from) Bandar Malaysia. Bandar Malaysia one year behind schedule 1MDB RE invited contractors for pre-qualification exercise - Edge 24/9/2014. Folks, now they say lack of experience is one of the reasons this project is not moving. I have met the earlier 1MDB CEO. The usual dont know much about much type of guy. Its ok if they had given him RM100,000 to start up a mini market or something. But straight away they gave him an RM18.0 Billion development project. Plus they brought the arabs into the picture. Just bend over lah. Apa lagi mahu cerita? What I want to know is this - how many billions have been lost? Pay attention to the following : Qatar Investment Authority (QIA) pledged US$5bil in Bandar Msia In exchange, 1MDB promised QIA 1st choice of land, before ..local developers Qatar again. That would be Rosmahs friends. What do you mean by they pledged? I too can pledge. I, OutSyed The Box hereby pledge to shove US10 billion worth of durians up 1MDBs kazoo. There you see - that is a pledge. But did they put in real money? Was there real money put on the table? And in return for this pledge what did 1MDB do? In exchange, 1MDB promised QIA 1st choice of land, before ..local developers.. Wow !! They only gave a pledge. And in exchange you give them a promise for first choice of land?? Village idiots. And you also gave them priority ahead of local developers. Traitors. They say 1MDB & Aabar raised RM9.7 billion.. Ok, so where is this money? What happened to this RM9.7 Billion? Project tak jalan. Earthworks pun belum start lagi. Investor pak unta dah lari. So what has happened to this RM9.7 Billion that was borrowed from the banks? Where has this money gone? Not another Bermuda Triangle? So when they say Qatar & Abu Dhabi pulling billions of ringgit out whose billions are they actually pulling out? Is it their own billions which they brought from Qatar and Abu Dhabi or the billions which they borrowed from here in Malaysia? Folks, we have to know how many billions we have lost in this escapade. 1MDB has borrowed maybe RM42 billion based on a gomen guarantee. That means you and me have guaranteed this money. Lets say they are borrowing at 6% per annum. That means the RM9.7 billion incurs an interest expense of RM582 million per year. The TRX project has not even begun. How are they going to service interest piling up at RM582 Million per year? They raised the RM9.7 Billion in 2012. This means two years have gone by. That means they must pay RM582 x 2 yrs = RM1.164 Billion interest alone (bunga saja). Project belum jalan. Bunga sudah beranak. Duit mana mari nak cover bunga? Now assuming the project jalan and everything is sold, they still have to generate an extra RM1.164 Billion profit to cover the interest alone. Fuiyyo !! Pi jauh-jauh nak buat project kat Detroit pun depa kata pulangan dia 4% saja. Jadi maksudnya kalau buat project di Malaysia pulangan dia mesti lebih 4%? Ya tak? Mestilah. Otherwise how to pay bunga RM1.164 Billion? So kalau project di Malaysia boleh kasi pulangan (Return on Investment) lebih dari 4%, habis pasal apa satu lagi group superdunggu itu nak pi invest kat Detroit pula? Dapat 4% saja? Lepas tu kalau project kat Malaysia tak boleh kasi pulangan lebih dari 4%, macam mana 1MDB nak bayar bunga saja RM1.164 Billion? Blogger UMNO semua boleh faham ke? Kalau dia pinjam kat Islamic banking pun dia kena bayar al-kadar al-untung al-bank al-Islam. Serupa juga. Tak boleh lari brader. So, wak is my golok? Blogger UMNO boleh jawab ke? Syed Akbar Ali at 5:22:00 PM 40 comments: AnonymousFriday, September 26, 2014 5:29:00 PM Blogger UMNO semua dah pi seberang Sungai Golok meraikan kemenangan BN di Pengkalan Kubor...harap maaf sila cuba lagi. Reply AnonymousFriday, September 26, 2014 5:45:00 PM Tuan Syed the facts are fast and furious, im dizzy how to figure out the spectacle of mega buck deals. But government servants must come clean on using public funds for business deals, if only because it is a moral duty to the people who elected you into office to represent us! Reply kluangmanFriday, September 26, 2014 5:48:00 PM Hanya yg dungus boleh jawab.. Orang pandai tak ada jawapan..clueless Reply AnonymousFriday, September 26, 2014 5:51:00 PM Blogger umno mana bole jawab, bang... Depa cuma tau mencarut saja... Reply AnonymousFriday, September 26, 2014 6:05:00 PM Those big belly tok arab has undergo rebranding sejak berkelambu dgn Killer Nation Coalition. Tapi ramai juga org kita yg masih terpikat ikut jejak sepak terajang mereka. Bukan org koporat & agamawan shj terpukau...rakyat jelata pun ramai terpaut dgn dress code mereka...ada juga yg terpukau dgn amalan songsang konsep jihad mereka...padahal Quran (9:97) dah precisely describe their genetically modified DNA. Istilah superdunggus masih kurang tepat..lebih tepat Flibbertiggibet spesies of the 21st century. RD5 Reply AnonymousFriday, September 26, 2014 6:11:00 PM Tuan Syed...Dlm the Sun hair ni Petronas baying kan akan tarik diri pelaburan gas kat Kanada...Alasan birokrasi .... ni lah bila Petronas di kemudi pesakit Jiwa!...tolong bust kupasan isu ni...barbel as bilion habis kat project gas Canada ni.. Reply AnonymousFriday, September 26, 2014 6:14:00 PM Jawab Blogger Umno Jawab. Berapa banyak duit rakyat dah kena sapu? Berapa byk dah rugi? Mau sokong Ah Jib Gor lagi ataupun lu pun dpt bahagian.Takkan kau tak tahu Bangsa Arab ni paling munafik.Dlm Al-Quran pun ada sebut. Reply AnonymousFriday, September 26, 2014 6:25:00 PM Got a funny feeling that these Arabs are actually from Gunung Tunku and Shah Universe! Melayu croni lah juga. Reply AnonymousFriday, September 26, 2014 6:32:00 PM I think i like this one . Many question with many example !! Waiting for the SUPERDUNGGUS to give answer . But will they ? Reply AnonymousFriday, September 26, 2014 6:36:00 PM Tuan Syed If I read between the lines, you are trying to say that we Malaysians are F%#*#^ and for the next 2 generations, we have to work to pay the debts that these robbers have incurred. Reply AnonymousFriday, September 26, 2014 7:08:00 PM Investor Arab nak tarik keluar duit mereka sebab Tun Dr Mahathir sudah tegur PM Najib ttg 1MDB. Buat pertama kali Tun Dr Mahathir telah berkata bhwa terdapat kecurangan dlm pentadbiran syarikat 1MDB. Dr Mahathir juga telah membuat teguran dia menarik balik sokongan terhadap PM Najib. Bukan saja pak Arab tapi juga ramai duta asing dan pelabur asing rasa cemas dgn kenyataan Dr M itu. Itulah sbbnya pak Arab mahu tarik keluar pelaburan mereka bukan saja dlm 1MDB tapi juga dlm Al Rajhi Bank, Kuwait Finance dsbnya. Apa yg berlaku skrg adalah akibat dpd tindakan Dr M. Dr M pula dipengaruhi pendapat kawan2nya termasuk penulis2 Blog. Reply AnonymousFriday, September 26, 2014 7:47:00 PM left hope no removing of this story later. like the detroit property story. Reply AnonymousFriday, September 26, 2014 7:52:00 PM Anon 7:08:00pm Kalau TDM x tegur, all will go to plan, we get our money back and all lived happily ever after Reply AnonymousFriday, September 26, 2014 8:14:00 PM thesundaily.my/news/1180850 Reply AnonymousFriday, September 26, 2014 8:25:00 PM How dungus ure when reported tabung haji investment in us..... and this is another dungus story... Only dungus will believe dungus... Reply AnonymousFriday, September 26, 2014 8:49:00 PM Saudara anon 7:08, re: Apa yg berlaku skrg adalah akibat dpd tindakan Dr M. [menegur PM Najib] Dr M pula dipengaruhi pendapat kawan2nya termasuk penulis2 Blog. Jadi, adakah yang ditegur itu benar2 tidak mampukah ataupun yang menegur itu tidak benar? Jika doktor tak dapat diagnose penyakit, macam mana pesakit akan dapat dirawat demi penyembuhan? Pak Arab pun takut terkena jatuh sakit kan? Reply AnonymousFriday, September 26, 2014 8:54:00 PM Ha ha, now for the flood of denials to begin...but the Lord Of The Dunggus is not around, he is busy polishing his image as an international statesman using public funds to syiok sendiri... Whether this is from PMOs 6 billion Special Projects fund, or entah berapa billion stashed in a Milo tin in Cayman Islands...sama lah...send the bill to the rakyat, pls. Reply AnonymousFriday, September 26, 2014 9:08:00 PM Surat saya kpd Kementerian Perumah Dan Kerajaan Tempatan. Kapada, YB Dato ..... Menteri Perumahan Dan Kerajaan Tempatan, Pusat Pentadbiran Kerajaan Persekutuan. Precinct 5, Putrajaya, 68600 Wilayah Persekutuan YB Dato, Per: TIPU DAYA HALUS PEMAJU TERHADAP PEMBELI BUMIPUTRA DENGAN MEMANIPULASIKAN DISKAUN. 1. Saya Hassan Md. Ali, pernah bertugas di Dewan Bandaraya Kuala Lumpur (DBKL) dari 1979-1985 dan juga sebagai pemaju perumahan dari 1985-1995. 2. Baru baru ini saya keProperty Fair di Subang Parade, Subang, Selangor. Tertarik dgn sebuah tawaran dari syarikat pembangunan perumahan yang sedang memajukan Tanjung Puteri, Johor. Diskaun yg ditawarkan adalah spt berikut; Utk bumiputra: 15% Bukan Bumi: 6%. Keluasan unit: 700ksp. Harga unit: RM1.0 juta. Pinjaman akan diusaha sehingga 90%. Bagi pembeli bumiputra, hanya perlukan sediakan 10% shj sebagai downpayment. Bermakna pembeli bumiputra perlu membayar RM85,000. Bagi bukan bumiputra downpayment 4% (6% discount is taken as part payment of 10% d/pymt). Bermakna hanya RM40,000. 3. Sebagai seorang pemaju perumahan, saya menyiasat lebih lanjut lagi. Selain dari membayar downpayment sebanyak RM 85,000, pembeli bumiputra dikhendaki membayar segala kos spt (legal fee, stamp fee, loan fee) yg jumlahnya lebih kurang RM42,000. Sedangkan pembeli bukan bumiputra hanya perlu meyedikan RM40,000 dan lain2 kos akan ditanggung olih Pemaju. 4.Tidak meyedari saya membuat pengiraan dan membuat perbandingan entry cost antara bumiputra dan bukan bumiptra, ternyata pembeli bumiputra terpaksa meyediakan sejumlah RM127,000 sedangkan pembeli bukan bumiputra hanya memerlukan RM40,000 untuk membelinya. Seolah2 kaum bumiputra yg memberi subsidi kapada pembeli bukan bumiputra sebanyak RM45,000. Bermakna walaupun harga bagi bumiputra dikurangkan sebanyak $150,000 dari harga asal, tetapi perbedzaan harga sebenar diantara bumi dan bukan bumi hanya RM37,000 atau 4% sahaja. 5. Bagi pembeli bumiputra utk membayar downpayment sebanyak RM127,000 bagi unit seluas 700ksp adalah terlalu mahal dan sudah tentu unit2 yg diperuntukan utk bumiputra susah dijual kelak kerana unit tersebut hanya bolih dijual kpd pembeli bumiputra sahaja. Olih kerana entry kosnya hampir 3 kali lebih besar dari kaum bukan bumiputra maka sudah tentulah unit2 bumiputra tidak laku dijual dan pemaju mempunyai alasan yg kukuh untuk memohon perlepasan dari Kementerian YB. Dato supaya unit tersebut dibebaskan dari peruntukan bumiputra. 6. Sekali pandang seolah mereka bersama2 kerajaan yg ingin menolong kaum bumiputra memiliki harta di negara ini, tetapi apabila diperincikan kira2nya, pembelian unit bumiputra yg adalah lebih mahal dari yg sepatutnya dan penglibatan pemaju untuk membantu kaum bumiputra utk memiliki harta saperti yang disarankan olih kerajaan adalah satu gimmik dan dijadikan perolok2kan olih pemaju. 7. Saya sempat membentangkan kira2 diatas kpd wakil pemaju hartanah tetsebut dan dgn sinis dia menjawab Every chinese developer are doing this just to make sure every Melayu and Bumiputera wont have any chance of acquiring new property so your child will stick to the old house or staying back to kampung Saudara2ku, Semenjak kita berWhatsapp, sudah berapa kali saya ungkapkan perkara2 spt ini. NEGARA KITA TELAH TERJUAL. Ternyata org cina dah sampai peringkat tak memerlukan keujudan org melayu dinegara Melayu kerana sumbangan org melayu terhadap ekonomi negara ini terlalu kecil. Bank saperti; Public Bank, Hong Leong Bank, Stanchart, Citibank, HSBC bolih hidup tanpa pelanggan melayu. Pemimpin melayu banyak buat duit dgn memberi pelepasan unit2 bumiputra kpd unit bebas. Reply AnonymousFriday, September 26, 2014 9:08:00 PM Anon 7.08 Sheikh Big Bellies Tok Arab tu anak didik kroni Wall Street. The land of arabism kini sedang berkecamuk menuju unordnung. Weapon contractors Wall Street lebih kuat pengaruhnya dpd Dr M. Tak semudah itu pemikiran Dr M dipengaruhi oleh penulis Blog. Reply AnonymousFriday, September 26, 2014 10:12:00 PM Mana Ibrahim Ali? Ini bukan wang Melayu ka? Maybe he will find a way to blame all of these on the Chinese. Reply AnonymousFriday, September 26, 2014 10:37:00 PM 2 years ago, blogger UMNO, Rocky Bru the arselicker wrote something about TRX. Now apa sudah jadi berader? TRX tukar nama jadi TAHI lagi bagus. rockybru.my/2012/07/its-now-tun-razak-exchange.html ROCKY BRU Monday, July 30, 2012 Its now Tun Razak Exchange KLs coming of age. Dont you think it has a nice ring to it - Tun Razak Exchange? Thats what the KL international financial district will be called from today. And its good to know that TRX is not just about a collection of tall, intelligent buildings in an already very concrete city centre, and billions pumped in by rich investors. Theres more spirit to it: Parks. Walks. And jobs. 500,000 good jobs with over 100 global companies that will call TRX home. At the launch, Najib Razak dubbed it the future of our economic growth. At the end of the project, KL will be join the list of 20 most livable cities in the world. Can 1MDB deliver? Can KL do it? I dont see why not. Do you? p.s. I bumped into former Mayor of KL, the man who made KL City Hall so profitable it should have been listed on the Bursa [RM2.56 billion in the bank when he left, according to The Edge] , and a supporter of the TRX idea. Ahmad Fuad Ismail is still jobless but he wont be for long, I guess. Business and political acumen like his is a rare commodity. Reply AnonymousFriday, September 26, 2014 10:59:00 PM Anon 8.25pm must be one of the UMNO bloggers paid by Azeez Mat Rempit. Encik kalau tidak tahu cerita sebenar tentang Tabung Haji tidak jadi melebur US$250 juta di DuSable, baik pergi main jauh-jauh lah. Reply Fence Sitter VoterFriday, September 26, 2014 11:01:00 PM cgmalaysia.blogspot/2013/03/1mdb-many-questions-not-many-answers.html Blogger UMNO care to share your opinion? Reply Abu GarciaFriday, September 26, 2014 11:13:00 PM Soalan 69 Billion RM. Apa yg boleh kita buat untuk stop semua ini? Jawapan terbaik akan menerima penginapan 3hari4malam ditemani FLOM. Ada berani? Reply 1-Moron-Dungu-BahlulSaturday, September 27, 2014 12:37:00 AM Syed, If you think the previous CEO what-his-name? Shahrol, is the usual don’t know much about much type of guy, wait until you meet the current CEO, Hazem Abdul Rahman. The guy is just a young ciku with ZERO EXPERIENCE to be in that position in 1MDB (No wonder the Arabs are cashing out their money). Prior to his sudden appointment as CEO of 1MDB, he was the MD of Land Rover Malaysia (for about 1 year). Can someone tell us many Land Rover that he sold? And before Land Rover, he was just an A.N.A.L.Y.S.T.….. same like that other superdungu guy in Khazanah, Azman Mokhtar! Why put young ciku as CEO of 1MDB? 1. So Malaysia can give free money, free land to the poor Arabs that konon-konon will invest here. Remember what happened to Medini project in Iskandar Malaysia. Same stupid Khazanah business model, buy high sell low. 2. So PM, FLOM, Jo Lho & other lanun can give instructions sesuka hati. 3. So CEO will just say YES all the time as he has no idea what he is supposed to do (or start) 4. So Malaysians will continue guessing who the hell this young ciku is 5. So if 1MDB screwed up (most likely), the CEO will be the first one to take the blame. Then PM will replace with other young ciku. 1st CEO was ex-consultant from Accenture, 2nd CEO ex-analyst from what-different-does-it-make research house, so the 3rd CEO must be UMNO Blogger lah. 6. Er...penat lah tulis. mintak Outsyed the Box tolong sambung. Reply AnonymousSaturday, September 27, 2014 12:44:00 AM P Gunasegaran of Kinibiz did wrote a good article about 1MDB last year. Read below More questions for 1MDB P Gunasegaram • Apr 26, 13 6:19PM QUESTION TIME So far, strategic development company, 1Malaysia Development Bhd or 1MDB has released two statement which attempt to answer many questions raised in two series of articles in KiniBiz and reports in other publications, as well as statements by opposition politicians. But instead of throwing further light on the activities of 1MDB, which has borrowed some RM20 billion at unfavourable terms and so far has just some RM10.8 billion in energy assets bought at high prices, they raise even more questions. We have highlighted some of 1MDB’s salients points made in its statements (in bold) and have put our questions and comments in italics below that to indicate the substantive issues the statements don’t address. The proceeds from the US$3 billion capital raised is being utilised for investments in strategic and important high-impact projects like energy and strategic real estate which are vital to the long term-economic growth of both countries. 1MDB chief executive officer Mohd Hazem Abd Rahman said: “This success underlines investor appetite and confidence in the Malaysia-Abu Dhabi partnership as well as in Malaysia as a sustainable growth centre enjoying peace, stability and good governance.” The bonds are guaranteed by the government and has the same rating as government bonds, so the question of investor appetite and confidence does not arise. Why were the bond terms not disclosed? Were they issued at such an attractive yield? Why was Goldman Sachs the sole lead for the issue? Besides the energy investments, 1MDB is invested in property where it holds government land for development. What urgency is there to get funding for this when bridging financing can be so easily obtained? 1MDB has also earmarked US$2.318 billion, which are proceeds originating from its 1MDB-PetroSaudi International joint venture, for future investments. As of FY13, all PSI Murabaha notes have been fully redeemed at a profit. The proceeds are reinvested in various classes of participating shares in a Segregated Portfolio Company, registered in the Cayman Islands. The investments in the 1MDB-PetroSaudi venture were redeemed but instead of getting cash, 1MDB extended loans. Why finance PetroSaudi? Why make a convoluted deal before the RM7 billion is realised and who is the party who bought the stake? Again, why the secrecy. Hazem said: “1MDB is transparent and open about the placement of its funds. This was reported in the company’s annual return lodged with the Companies Commission of Malaysia. It is an interim measure until we identify suitable investment opportunities. The returns generated match or exceed the cost of financing.” The annual return to the Companies Commission is required under law. 1MDB has kept its disclosure to the bare minimum and never made any announcements of the deals as and when they were made. If 1MDB is open and transparent, why did it not announce the deals as and when they were made? And why did it not reveal the terms of its various lendings and borrowings? Reply AnonymousSaturday, September 27, 2014 12:46:00 AM continued…. Closed book 1Malaysia Development Berhad (1MDB) firmly states that the US$2.318 billion as stated in its audited accounts is safe. These are proceeds and profits originating from its initial 1MDB-PetroSaudi International joint venture. This fact is clearly reported in the company’s audited account that is publicly available from the Companies Commission of Malaysia and has been independently audited by a global reputable and established firm. If it is safe, why can’t 1MDB state precisely what are these assets that the US$2.318 billion or some RM7 billion is invested. Could it not have been brought back so that there will be no need to take yet another US$3 billion loan under dubious conditions, dubious terms and dubious pricing? Can 1MDB expect any confidence from the public when it is such a closed book and throws no light on its various dealings? 1MDB regrets however that certain quarters with political agendas have hidden facts to persistently make baseless allegations. This is a smear campaign for their own intended benefit. The notion that these monies were put in Cayman Islands companies and will vanish is based on a lie perpetuated by these quarters and is completely absurd. Is it becoming part of a political agenda to ask legitimate and relevant questions about the funding and investments of our very own strategic development company operated and funded with money guaranteed by the federal government? Is is unreasonable to expect that anyone will be suspicious of money parked in Cayman Islands or Saudi Arabia when it should be contributing to the strategic development of Malaysia? How would keeping money in Cayman Islands be strategic? Destinations such as Cayman Islands and British Virgin Islands are used by many international private funds to hide their operations, obtain tax advantages and operate in jurisdictions which ask few questions. What business does a sovereign strategic development company have putting a huge part of its assets and operating in such places? Wouldn’t anybody be suspicious? 1MDB has earmarked the proceeds (from the PetroSaudi joint venture) for investments in the near future. Pending that, these funds for cash management purposes are currently placed under regulated and licensed international fund managers managing Cayman Island based international standard fund structures. Cayman Islands had in August 2009 joined the global OECD ‘white list’ of countries using internationally recognised tax standards. OECD is the Organisation for Economic Cooperation and Development which has set a benchmark for greater transparency and freer exchange of information to counter bank secrecy. Global reputable international funds and fund managers all manage Cayman Island based funds as it is an established and well regarded jurisdiction for set-up and management of funds. Surely 1MDB is not saying that there is no other way to invest in reputable funds. They operate all over the world. Is it because it makes it much more difficult to track its activities? As a sovereign fund, there are no tax advantages for operating in Cayman Islands because 1MDB pays no tax. Something does not compute. 1MDB is government-owned and supported but driven by private sector thinking and practices. It strives to fulfill the aspiration of the government with the agility of the private sector. Bonds raised are part of capital for the strategic initiatives it undertakes. Reply AnonymousSaturday, September 27, 2014 12:46:00 AM continued… As a prudent government owned entity, 1MDB considered all of its options (pricing, structure, investment bank, and others) in the recent financing and chose the optimal path in light of the various considerations. The company stressed that 1MDB opted for a private placement to ensure the timely completion of this economic initiative. Really? If it was the private sector and if 1MDB had mispriced its bonds the way it has, its entire management and board would have been sacked and taken to task. If it is prudent, why have a sole manager? If it is prudent, why not get the best price from the market via bidding? If it was prudent, why did not 1MDB release a list of those who obtained the bonds? Why was there a hurry via private placement when bridging finance was always an option for property development and even the energy acquisition? All of 1MDB’s financing requirements could have been done locally where there is much liquidity. Why was it not? P GUNASEGARAM is founding editor of KiniBiz. Reply AnonymousSaturday, September 27, 2014 12:49:00 AM Good reading on 1MDB’s colourful family and friends by Kinibiz. kinibiz/story/issues/11458/1mdb’s-colourful-family-and-friends.html Reply SwingerSaturday, September 27, 2014 1:01:00 AM Menteri NMY kata in 2012 itu TRX project a game changer. When he said that, i was not sure what game changer means. But now the Arabs will soon cabut lari, NMYs game changer is more of changing room after all. NST 03 August 2012| last updated at 05:49PM Tun Razak Exchange a game changer, says Nor Mohamed KUALA LUMPUR: The Tun Razak Exchange (TRX) is a game changer that will provide a new economic structure to Malaysias economic landscape in the eyes of the world, says Minister in the Prime Ministers Department Tan Sri Nor Mohamed Yakcop. The exchange, Kuala Lumpurs new financial district, launched by Prime Minister Datuk Seri Najib Tun Razak on Monday, can also be regarded as an iconic project that would generate investments from within and foreign. The ambitious project will help realise our cherished vision to emerge as a developed nation in 2020. An advanced nation must have a service sector that is not only hi-tech, but also offer services with a high added-value, he told Bernama after breaking fast with the Malaysian National News Agencys staff at Wisma Bernama last night. The 28-hectare Tun Razak Exchange, previously known as the Kuala Lumpur International Financial District, will be developed by 1Malaysia Development Bhd in collaboration with Abu Dhabi-based Mubadala Development Corp. -- BERNAMA Read more: Tun Razak Exchange a game changer, says Nor Mohamed - Latest - New Straits Times www2.nst.my/latest/tun-razak-exchange-a-game-changer-says-nor-mohamed-1.119437#ixzz3ERRVZ9c3 Reply AnonymousSaturday, September 27, 2014 2:04:00 AM Anon 9.08. Jangan mengarutlah. Cerita dongeng Reply AnonymousSaturday, September 27, 2014 2:22:00 AM Sultan Selangor bertitah Perkara hasut menghasut dan melempar tohmahan-tohmahan terhadap Tan Sri Dato’ Seri Abdul Khalid Ibrahim berterusan walaupun semasa bulan suci.... Tepat & Padat...penyakit turun temurun pecat memecat...petanda qalbu berulat & berkarat..diserang oleh spesies kulat..akibat tabiat berpolitik tak ikut syariat. negara merdeka sudah berabad,.. kita masih tidak sepakat...berpecah belah tak membawa berkat...serangan Virus PhD & EoT semakin hebat ... kafir mengkafir mengguris rakyat...para cendiakiawan hanya melihat... ulama UMNO hanya tercegat... ulama PAS menanti kiamat.. kepimpinan negara dikatakan melipat..anak bangsa menggelitik merempat..musuh negara senyum makrifat. NADA GURINDAM Reply AnonymousSaturday, September 27, 2014 2:37:00 AM When i read about TRX in the Star this morning, I said to myself that Outsyed must write something today. And you did. Hahahah. I really hope the people involved in these projects and programmes read your blog and take you suggestions and criticism positively and openly. Yang tak betul dilupakan, yang betul diperbetulkan. Reply AnonymousSaturday, September 27, 2014 2:59:00 AM kasi saja cinaman buat, semua boleh jalan. Tak payah susah susah cari Arab buat. Arab ini semua tahua tahu umno thinks they are gods dan mereka pun exploit dunggu umno untuk dapat duit cepat. umno must die sebelum malaysia boleh hidup kembali. bilion bilion habis lepas tu kasi brim rm500 dan minta sembah umno pulak. I say poorak. Reply AnonymousSaturday, September 27, 2014 5:18:00 AM Can you help me please. The letter by Hassan Mohd. Ali says that the pricing & the modes of entry for bumis to buy properties in Selangor is unfavourable to Malays. His calculation looks correct & he mentions Chinese developers. The big developers are mostly Malay own nowadays, why say Chinese developers. What is the Selangor State Govt. not helping the bumi buyers of these properties. Is there a rebuttal calculation for this letter from you whether the writer is right or wrong. I am not into big business & do not know the finer workings of this type of calculation. You can even email me personally & help me out. Many regards to you & am learning more of these days of life from you. Reply AnonymousSaturday, September 27, 2014 7:08:00 AM Clark Gable says, Before we the rakyat got liwatted ,we have bapak ayam to parade us around sarawak repirt does a magnificient job ..do read sarawakreport.org/2014/09/more-links-jho-lows-spending-and-malaysias-development-money-exclusive/ Reply AnonymousSaturday, September 27, 2014 7:16:00 AM Blogger UMNO especially... TODI ZERO SUBSTANCE tidak lama lagi akan start MAKI HAMUN Malaysia Insider for coming up with the TRX shitty story. Tungguuuu….. Reply AnonymousSaturday, September 27, 2014 10:08:00 AM Manalah blogger umno faham pasal ekonomi, business ataupun finance.Diorang tahu mengutuk, maki-hamun, cakap lucah, menfitnah orang saja.Lepas ni, laman web Pro Pakatan Rakyat akan bercerita pasal kesilapan projek Tun Razak Exchange dan Bandar Malaysia.Blogger2 umno pulak akan memainkan isu2 perkauman dan menyalahkan orang cina.Blogger tak faham pasal kerugian yng disebabkan olh 1MDB menyebabkan hutang negara bertambah.Tak lama lagi, negara kita akan menjadi macam Greece, lepas tu nak salahkan siapa pulak. Reply AnonymousSaturday, September 27, 2014 11:22:00 AM Why are prices of houses so high??? Simple!! Take for instance the story of Raja Popiah ,the selangor wanita deputy chief . He was given something like 200 acres of land in klang. She sold it to a plastic manufacturer CUM housing developer for some heavy figure. Guppy develops the land and will include raja popiahs share into the price of the house. At the end of the day, the house buyers get Liwated by raja popiah.Ohh she sold the land to the carpet begger too. Hey ! What happened to the whole deal. The carpet begger got an intrest free loan of 30 over million payable by post dated cheque over 10 years. Sweet sweet deal. Can i get a deal like this one pls pls . Thousands of cases like these. And we say the price of houses are sky rocketing and rocketing. Stop this charade of swallowing the people wholesale. Reply AnonymousSaturday, September 27, 2014 11:28:00 AM Sayeed: this government only panders to the rich and famous. You and I got no say. The latest scam is Felda going into a JV with an unknown Korean company to breed sturgeons in Kuala Tahan with the aim of producing caviar. These jokers cleared the land fronting the river with no EIA. worse, nothing is mentioned or researched about the effects of sturgeon on our native species if some of them escape into the river, which they will at some point. You should write about this: Najib personally approved the project for Pahang. Reply Load more... › Home View web version About Me Syed Akbar Ali Kuala Lumpur, Malaysia E mail : ali.syedakbar@gmail Professionally in descending historical order a Blogger, Advisory Panel - Malaysian Anti Corruption Commission, businessman, property developer, author (three books todate), company director, newspaper columnist, NEAC economic consultant and banker. Also less erratic TV appearances and political analyst. Main interest: Malaysian peoples scientific, industrial, economic and social advancement. Everything else is disposable. View my complete profile Powered by Blogger
Posted on: Sat, 27 Sep 2014 04:08:41 +0000
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