YOURSAY'The debility with Malay businessmen who made it large is which their commercial operation exchange have been constantly as well as intricately related with politicians.'
The media is after me, says Syed Mokhtar
Unspin:Tycoon Syed Mokhtar Albukhary's list of companies have been all based in Malaysia such as MMC, DRB-Hicom, Bernas, Tradewinds, Malakoff, Aliran Ihsan Resources, Bank Muamalat, Senai International Airport, Tanjung Pelepas Port, Gas Malaysia, Proton as well as Pos Malaysia.None of his resources is generated outside of Malaysia. Let me ask the integrate of suppositious questions:
1. If Syed Mokhtar is forced to variegate his commercial operation outside of Malaysia similar to Robert Kuok, Ananda Krishnan or Quek Leng Chan, would he have made it?
2. If Syed Mokhta! r is not the single of the categorical beneficiaries of the New Economic Policy (NEP) which was bastardised by Mahathir to assistance his cronies, would he have come this far?
The simple answers to both questions have been 'no'.
Anonymous #63753867:"I consternation why you get bad press when others have evenly abused the complement for personal gain, though they have been not subject to many media scrutiny. Perhaps it is time to come out as well as urge myself," says Syed Mokhtar.
He has said many about Umno thieves.
FellowMalaysian: The debility with Malay businessmen who made it large is which their commercial operation exchange have been constantly as well as intricately related with politicians.
Their fortunes have been closely tied to the winds of the political arena. Syed Mokhtar do come across as the comfortable as well as friendly chairman as well as he does gift with an open heart.
Unlike tycoons Daim Zainuddin or Tajudin Ramli, Syed Mokhtar straightforwardly reveals his flocks of fortune as well as does not feel worried about his wealth.
Rahman:I consternation the peculiarity of hold up which this male seeks. He has so many under his stable, so how does he spend time in between his family as well as his business?
Many of his lieutenants in Yayasan Al-Bukhary have been ex-government servants who probably helped him to secure supervision approvals as well as projects.
It is engaging which notwithstanding his affinity with PM Dr Mahathir Mohamad, he additionally nurtures friendship with Opposition Leader Anwar Ibrahim. Until recently, Syed Mokhtar will yield the limousine as well as the chauffeur during your convenience Anwar visits Dubai.
Indeed, he is charitable as well as builds friendly network. As to his commercial operation empire, it looks to me being unreasonably huge.
I do not bonus he is the devoted Umno nominee. After failing with Fleet Group as well as the sect of nominees from Daim's Peremba stable, Syed Mokhtar stays Umno's cash register.
But the explanation of his biography upon the night before of GE13 as well as his media appearance sparks speculation upon the brand new captains during Putrajaya.
Anonymous #40538199:Whenever the chairman wants to do charity, the chairman should not have use of the income belongs to the public-listed companies controlled by him.
While he can encour! age his shareholders to join him in his gift works, he should only have use of the division these companies declared as well as he perceived to do charity, especially if he wants his name to be compared with the charity.
Otherwise, which is not gift though vanity. Let alternative shareholders to decide what they wish to do with their dividend. Maybe they additionally wish to do gift in their own name.
Pemerhati:Mahathir as well as the alternative Umno leaders, such as Abdullah Ahmad Badawi as well as Najib Razak, have been using devoted cronies similar to Syed Mokhtar, Vincent Tan as well as Patrick Lim to siphon off the people's money.
They do this often by giving outrageous contracts to cronies but job for open tenders. The price is negotiated with the cronies so which they can have outrageous profits.
The cronies then give the stipulated proportion of the increase to the tip politicians who awarded them the contracts.
Anonymous_5fb:Put it this way, Syed Mokhtar has zero to lose. He is only an additional example of what Mahathir claimed, the success story of NEP.
Just see if he would be similar to Tajudin Ramli, Halim Saad, etc, which Mahathir additionally once claimed as success stories of NEP.
Time will tell, though you hope not, as if this happens, the ones who suffer have been the rakyat.
Akutuan:I met Syed Mokhtar the couple of years behind as well as you can contend he is down to earth. From what you can remember, many of the companies he took over have been already in bad shape as well as he turn those companies into profitability (not all).
As long as he does his partial for the country, you can live with it, compare to Halim Saad, Tajudin Ramli as well as the Shahrizat Abdul Jalil family, etc.
Who do not have use of their contact to enhance their business? Who do not ! wish to have some-more profit? Ask yourself, if you have been in his position, will you do the same?
I am 100 percent sure, all office worker will not let go an opportunity to reach the top. Talk is easy, doing it is an additional story.
iKn.t:Who do not know sugar prices went up the couple of times after Syed Mokhtar bought over Perlis Plantation?
He did not save the association from failure or mismanagement though the supervision helps him with price increases so which he can get improved profits.
Ferdtan:Many said Syed Mokhtar is the really nice male - who wouldn't be, with the type of contracts which he keeps upon removing from Umno?
Have you listened of Syed Mokhtar doing commercial operation overseas? Oh yes, you listened the single - the tiny Malaysian restaurant in London, officiated by Mahathir himself.
Result - believed it was close down. Guess there was no special bumiputera privileges in England.
Save Our Currency:Why the price over-run of RM3.6 billion for the electrified stand in track plan (EDTP)?
If it is unfamiliar company, they will be abashed to ask even the cent as well as would complete the job either gains or waste were made. That is called reputation.
The plan caused floods in many areas. The supervision had to pay remuneration to those affected. So many for success.
Odin:I would read the book had it been written by the likes of Barry Wain, as well as am rebuilt to get the copy even if it price RM199. This one? you wouldn't bother to take it even if you were since it free.
Ex-wfw:When you made billions but the sweat, you can afford to be generous. you can too. - Malaysiakini Read More @ Source
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