leftright-investment

* Please take note that this blog is for reading pleasure only, and NOT intended to offend any party. Below are some questions posted to Finance Malaysia (FM), with some interesting reply: Q    : Let's start off with the famous KL MRT project. Any comment? FM : Well, this is definitely a good public transport reformations for KL citizen. However, please bare in mind that the extensions of two existing LRT lines still not yet started. Implementation is problem, not project . Q    : How about the development of the Malaysian Rubber Board land in Sg. Buloh by EPF? FM : The project costs RM10bil for 15 years. I don't know when EPF (Malaysians' retirement fund) role has changed to being a developer? Q    : Malaysia's tallest building - 100 -storey Warisan Merdeka. Is it necessary? FM : So that Osama can either choose this or Twin-towers. Haha. Since EPF can be a developer, why not PNB? Malaysia Boleh spirit for all... Q    : Existi...

When the RM15.6 billions take-over news broke out, MMC share price has been rallying to multi-months high. It was reported that MMC is pairing with EPF and PNB with MMC holding a 40% stake of the consortium. On the other hand, Khazanah Nasional Bhd is the ultimate holding company of UEM Group Bhd . The Pull factors… PLUS Expressways, is one of the key assets that spark MMC interests? The national’s largest cash-generating toll-operator undeniably is Khazanah’s golden asset with 55.2% direct and indirect interest. UEM Land , which has a huge land bank in southern corridor – Iskandar Development Region. This is favorable to Johor based MMC’s investments. To boost its construction arm with stronger muscle? UEM Group is having several projects in Malaysia, such as the Penang Second Bridge. MMC can leverage on the latter expertise and also to gain market share, given the lack of domestic awards. What makes me interesting is the alternative MRT proposed by IJM-UEM recently. By acquir...