The Governments Don't Rule The World, Goldman Sach Rules The World!!
... the governments don't rule the world, Goldman Sachs rules the world! Goldman Sachs doesn't care about this rescue package, neither does the big hedge funds!
The authorities need to determine the ultimate shareholder of this nominee account and whether this block of shares is held by a related party,” MSWG said on its website.
BRDB is proposing to sell The Bangsar Shopping Centre (BSC), Menara BRDB, CapSquare Retail Centre and Permas Jusco Mall to its major shareholder, Ambang Sehati Sdn Bhd, which holds a 19% interest in the property developer.
The largest shareholder of BRDB is the nominee account for Credit Suisse which holds the 23.6% block. MSWG pointed out that this stake amounted to 30% of total disinterested shareholders of BRDB and that “it could be implied that this 30% block may determine the outcome at the EGM as it might comprise more than 50% of the shares of disinterested shareholders actually attending and voting.”
Now I am sure the inquiry mind would really want to know who owns this block of shares.
"Now I am sure the inquiry mind would really want to know who owns this block of shares..."
....heard on the grapevine that the owner is a short guy with a whitening moustache, who used to be an important minister sometime ago. But then again, there are so many former ministers who are filthy rich.
http://www.nakedcapitalism.com/2011/09/can-european-politicians-beat-the-clock-and-stave-off-a-crisis.html
ReplyDeleteBDRB now using open tender lol..
ReplyDeletehopefully small victory for minority shareholders
I was thinking about the other days 'news'.
ReplyDeletehttp://biz.thestar.com.my/news/story.asp?file=/2011/9/23/business/9556783&sec=business
The authorities need to determine the ultimate shareholder of this nominee account and whether this block of shares is held by a related party,” MSWG said on its website.
BRDB is proposing to sell The Bangsar Shopping Centre (BSC), Menara BRDB, CapSquare Retail Centre and Permas Jusco Mall to its major shareholder, Ambang Sehati Sdn Bhd, which holds a 19% interest in the property developer.
The largest shareholder of BRDB is the nominee account for Credit Suisse which holds the 23.6% block. MSWG pointed out that this stake amounted to 30% of total disinterested shareholders of BRDB and that “it could be implied that this 30% block may determine the outcome at the EGM as it might comprise more than 50% of the shares of disinterested shareholders actually attending and voting.”
Now I am sure the inquiry mind would really want to know who owns this block of shares.
Is the owners a 'friendly' party or not.....
Hmm......
im most afraid that this so called open tender is just a show to appease the public.. let's hope this is not the case
ReplyDelete"Now I am sure the inquiry mind would really want to know who owns this block of shares..."
ReplyDelete....heard on the grapevine that the owner is a short guy with a whitening moustache, who used to be an important minister sometime ago. But then again, there are so many former ministers who are filthy rich.
Moo, based on my observation, friendly party/(ies)tend to "buat kacau".
ReplyDeleteTrue ah, Moo? :P :P
Moo, other than retained earnings, what else can be classified as internally generated funds?
ReplyDeleteSpecifically, can proceeds from secondary offer be classified so?
Moo I am serious this round. :)
I hope you are aware that I never studied accounts before.
ReplyDelete:P
Err... If i have to guess...i would guess... can
ReplyDeleteEverybody must give moral support
ReplyDeleteto Goldman Sach for doing their
noble God's work ..!!!!