"How Brazil's Richest Man Lost $34.5 Billion"
I think pretty relevant for Malaysia, since:
- Several SPACs venture in the same direction (oil&gas and mining), some of them have already embarked on Private Placements, while they only listed a short while ago;
- Several Malaysians are involved in a web of Singaporean companies that have recently crashed down to Earth, companies involved with mining;
- SapuraKencana Petroleum won a contract in Brazil from Petrobras; I am scared when I read this, since Batista could not make money in Brazil despite his home field advantage, can a Malaysian company be successful, while they had (pretty juicy, I guess) contracts from PETRONAS?
zero
Not to mention we have the Mubadala connection as well
2013-10-16 11:23