If my friend, Pirate of Putrajaya, had been a little bit some-more patient, he will find his views upon a FGV vindicated. Probably he underestimated a will of a government to use GLCs under a carry out to seaside up a FGV price.
Nevertheless, his views will be irreproachable soon as well as I as well as millions of others hope he will come behind into blogosphere to share with us, his rapier sharp analyses.
Advance bribe
What Najib is you do right now is just putting out fires. He forgot which all it needs is a singular spark to light up a level fire.
He has since allege bribe of RM15,000 to any Felda family. I hear, full remuneration hasn't been since out yet. Perhaps Felda will use a gain of RM5.99 billion to compensate a balance of what has been betrothed by Najib.
Felda pays unto itself regulating a own money. He has since roughly RM43 million as raya bonus. Each family got around RM382. That volume was useful to buy cookies, lemang , uninformed meats as well as maybe brand brand brand new curtains for a missus.
Because of a dump in FGV share price, he has additionally voiced which Felda will compensate for a settlers' squeeze of FGV shares. Once again, which will probably come from a RM5.99 billion.
Finally to assuage a settlers' anger, he has voiced which Felda will compensate for PTPTN loans taken by a Felda children.
That is his mercantile strategy. We do not have to go a Chicago, Princeton, Oxford or Cambridge to do that. Not even Nottingham.
360,000 hectares of land forfeited! < /div>
Read More @ Source What was a real agenda really? Maybe all this corporate jive was about saving FGV. It has finished extensive futures trade as well as had incurred outrageous losses. That was why a little brainy people came up with a idea, a usually way to save FGV was to have it buy out KPF's share in Felda Holdings as well as go for listing.
At closing time currently (September 10, 2012), FGV share was RM 4.68, earning a holders of a stock a premium of 13 sen. If Najib hadn't come up with a shining thought of ordering Felda to financial settlers' purchase, any settler ends up with a RM94.70 loss.
Actually FGV bought out Felda Holdings to save itself. It has incurred heavy waste you do futures trading. We do not know how most FGV got by selling a shares. There was no money remuneration concerned as a squeeze was financed by a issue of brand brand brand new shares which were sold to a public through a IPO.
Part of a proceeds were used by Felda to compensate a EPF loan amounting to RM6 billion. Then EPF is educated to buy FGV shares, now it owns 7% of FGV bought for RM 1.2 billion. Foreign interests are selling down to cut down losses.
What is even some-more pernicious as well as inhuman is a profanation to Felda people. 360,000 hectares of land have been forfeited which could be used in destiny to emanate 80,000 brand brand brand new settlers.
Its dark days appearing over Felda as well as no volume of PR exercise can lessen a annoy which is shoring up. There is a tsunami appearing over Felda.
- sakmongkol.blogspot.com/
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