Comments on: Renaming Synergy Drive to Sime Darby - merger or reverse takeover?

By: littlefish9

littlefish9 — Fri, 14 Mar 2008 13:55:44 +0000

Please review 30% Bumiputra employment quota on Multinational company. Presently, it is very difficult to get qualified & competent bumiputra engineers & managers. Can they leave the MNC alone?

By: madmix

madmix — Sun, 06 Jan 2008 04:09:45 +0000

UMNOpreuneurs are good for wheeling dealing, merging this and that taking over this and that: but creating shareholder value is not their strength. Their companies hardly grow organically and if there is any increase in revenue, this is usually due to some sweetheart deals from the government. That is why I never invest long term in such companies, just trading for short term gains. Their management is usually third rate with poor grades in all departments from marketing to manufacturing. Exceptions are CIMB, MAS and one or two others.

By: greenacre

greenacre — Sat, 05 Jan 2008 13:00:28 +0000

They made sime bank into pauper bank. Now they are into plantation. Perhaps someone is thinking of sahara in the middle of Malaysia.

By: Jonny

Jonny — Sat, 05 Jan 2008 09:44:59 +0000

Neat M&A work here. Another smart move by Fourth Floor to takeover, and then ‘pork-chop’ all the nice meat.

And distribute and sell to foreign interests. We shall see …

By: Jan

Jan — Sat, 05 Jan 2008 04:48:25 +0000

Smeagroo, CIMB were not paid in cash but in kind, 50 million SD shares! This we were told at Sime’s last AGM.
At today’s price its about 600-700 mllion ringgits. Probably the highest payout in Malaysian corporate history for the merger work.
Have you not started to accumulate CIMB shares?

By: iweepformalaysia

iweepformalaysia — Sat, 05 Jan 2008 01:00:36 +0000

As i reside overseas, i just found out that cooking oil in Malaysia has been rationed, which will then going for price increase. How many cooking oil are derived from palm oil? Are all these just mere coincidence?

By: budak

budak — Sat, 05 Jan 2008 00:41:55 +0000

another Tongkat Billionaire in the making…
else who going to support BN leh…

By: HJ Angus

HJ Angus — Fri, 04 Jan 2008 16:50:41 +0000

sorry typo:

It should NOT take a rocket scientist to get some interesting cost reductions especially on the HQ staff as I think 25% of them are redundant.

By: mendela

mendela — Fri, 04 Jan 2008 16:26:36 +0000

Dear Kit, I wish to clarify, this article is not written by me, it is an e-mail sent to me from an unknown friend. I did mention this very fact in the first sentence of the article too.

[Yes, this was mentioned in the first sentence. - kit]