cash is the king....sleep 5 years, still ok. wakaka

bumiputra co. myr16billion debts. no money, no problem...ASB will pump in to salvage it. if this is chinese co., already close shop long time ago

usd debts and high jet fuel cost will kill off aax. avoid this counter. cash is the king

We appreciate constructive criticism but not biased, wild accusation without susbtantial facts but only hearsay. Mulpha is a great long term shares for whoever believe in Australia property market.

got difference. SST means suka suka tax. gst means gasak sampai tumbang.wakaka

Bicycle got no sales tax 10% under new SST effsept. patriotism is buying national bicycle to encourage healthy living, much better than national car. wakaka

cronyism make a comeback under pakatan govt. wakaka

KL-SIN HSR project is deferred 2 years-not cancelled. -great news for johor iskandar long term prospect

Yes, Poor earnings but jewel assets. anyway, i still have strong confidence on its renewable energy future process and its turnaround. If got money, i'll top up further on this KanNiMa gradually. wakaka.

MPCon declare Qtr end June-net profit myr11million.

Mulpha, again proven result-oriented with Qtr net profit myr114Million. Hurray! looks like Australia property market still holdsup very well vs MY local dull property market. Mulpha boss should just privatise it since many under appreciate it

Qtr ended June 2018 declare minor profit myr508K...

service is lousy. always out of function. each time ask technician come, bill service charge. its a matter of time close shop

why don't another 50 years? then, yes or no. wakaka

Whatever govt. intend to do, pls no more BAIL OUT using tax payees money when fail.

all Malaysian are dumb, easily cheated. ok with dumb explanation...wakaka

I'm still holding this salted fish. Hopefully, new Hongkie ED will turnaround salted fish alive. wakaka

20% on profit share...so, if losses, then 20% from Sabah or Sarawak state??? wakaka

Dear Sardin, I buy your words on KanNima. i've just topup. Your argument increase my confidence level on KanNiMa's prospect. Its a cheap entry into renewable energy sector

(Utusan Borneo) – Ahli Dewan Undangan Negeri (ADUN) Batu Kitang Lo Khere Chiang kecewa dengan keputusan Kementerian Pendidikan menamatkan serta merta perkhidmatan Internet TM Unifi di lebih 1,000 sekolah di negeri ini.

Bercakap pada sidang media di Kompleks Dewan Undangan Negeri (DUN) hari ini, Lo berkata keputusan tersebut merupakan satu tindakan yang tidak masuk akal dan tidak bijak.

Menurut Lo, perkhidmatan unifi berkelajuan 100Mbps yang dibekalkan di sekolah-sekolah ini sebelum ini dibayar oleh kementerian namun ditamatkan selepas Pakatan Harapan (PH) mengambil alih kerajaan.

“Tindakan Kerajaan PH ini bukan sahaja menjejaskan lebih 1,000 sekolah dan jadual pembelajaran malah turut menyebabkan lebih 2,000 guru kehilangan kerja sebab kelas komputer ditutup.

“Saya tidak faham mengapa Kerajaan PH membuat keputusan ini yang mana bagi saya adalah tidak masuk akal dan tidak bijak,” katanya.

Tambah Lo, di Sarawak, Ketua Menteri Datuk Patinggi Abang Johari Tun Openg mengambil inisiatif untuk meningkatkan kelajuan fasiliti internet.

Tetapi Kerajaan PH, jangankan memberi 100Mbps tetapi sebaliknya mereka menarik balik perkhidmatan internet 100Mbps ini.

“Mereka (PH) menggantikan perkhidmatan internet ini dengan perkhidmatan jalur lebar Zoom YES dengan kelajuan minimum 1Mbps dan maksimum 4Mbps oleh YTL Communication Sdn Bhd.

“Bagaimana sekolah dengan bilangan komputer yang banyak dapat mengendalikan komputer dengan kelajuan internet hanya 1Mbps hingga 4Mbps.

“Ini adalah tidak masuk akal dan tindakan tidak bijak oleh Pakatan Harapan. Kita cuba mempromosikan pendidikan dan sebab itu kita minta menguruskan sendiri sumber negeri ini untuk tujuan-tujuan ini,” katanya.

instead of cancelling IPP, our govt. should encourage more competition., more IPP and upgrade IPP status to same level on par to fight with lousy monopoly TNB. TNB tariff is too expensive albeit at lousy service.

If Mas fail again this time, pls STOP the bail out again. take this chance to privatise it, let professional corporate to bring Mas to glory again like what happen to Potong. The era of patronage is over.

dont worry. tunggu sekejap. tunggu another 60 years under Pakatan to be fair ma. then, we will be on par with Sin, s. korea. wakaka

Will Brahims ever achieve this level of high performance pressure like S. Korean caterer to the extend taking own life to defend its company survival?

Asiana chairman sorry for flights lacking meals
________________________________________
• ASEAN/EAST ASIA
• Thursday, 5 Jul 2018
•
•
SEOUL: The chairman of South Korea’s Asiana Airlines has apologised for in-flight meal service disruptions and a reported suicide at a meal supplier.
Park Sam-koo, chairman of the country’s second-largest air carrier, said he felt a moral responsibility after the boss of the company that had been supplying the meals killed himself, according to media reports citing police.
The apology came as criticism mounted following the reports, which linked the apparent suicide to pressure from Asiana on its caterer.
Asiana Airlines said 114 out of 310 flights had left South Korea without meals since Sunday.

Most were short-haul flights to Asian destinations.
The problems arose after the airline tried to change its meal catering service.

Unless all these monopoly GLC can reduce the poor citizens' cost of living, no point retain GLC. All must be closed, to settle our nations debts. Let private enterprise to create competition and lower the cost

Both Metrojaya and Parkson should collaborate in pool procurement to reduce cost. -similar like the Tesco and Carrefour strategy. I still holding tight this counter. I believe aggressive, young Andrew should able to push for a big turnaround of this long forgotten corporate flyer

if TNB is to act like private sector only to make huge profit with no social function, then, govt. should liberalise this sector. Why allow TNB monopolize it and wantonly increase the tariff? What is the anti-trust act then? TNB also wantonly bill even without reader meter visited our house nowadays. just simply put a figure. why govt. is blind on this lousy service?

What's the real function of TNB as a GLC? To ensure constant supply of of power at lowest tariff as social service or make huge overseas investment like 1MDB and make big profit by increasing the tariff? This TNB tariff is really unbearable. Why new govt. approve the rise vastly different from their promise? I'm very frus with this cakap tak serupa bikin govt

TNB Invests In 30% Stake usd250million for Gama Enerjiin in 2015. in same year, tariff increase. 2018: Tenaga may invest further 50% stake, thus tariff increase again. what a co-incidence? see the relations?

this is the gift from new govt. to voters. wakaka

UMNO vsl is sinking. Khairy is wasting time in umno. his ideal more suitable with progressive multi-racial party like Gerakan, PKR. But, somehow he seems hesitant to make this painful reform

Guiding principles behind MUI group


•Business News

• Saturday, 30 Jun 2018


Question: On taking over the helm of the business from his father

Andrew: Although it has just been six months, it feels much longer than that due to the huge responsibility that comes with the job. I feel a burden of responsibility to ensure that the group is positioned to be sustainable, and that there is longevity in the long run.

Growing up, I’ve had a lot of opportunities to be up close and personal with my father, seeing him in action during his prime years. So, I can glean a bit of knowledge from him.

My father’s advice to me is there is no shortcut to success. It is about working hard, giving full commitment to the business, even though this calls for personal sacrifices at times.

On management principles

There are three guiding principles – strength, efficiency, trustworthiness – built within the MUI group that I want to keep alive. But the question is how do we evolve to make sure that we are still relevant in the future.

So, while staying true to those guiding principles, my management style will be a bit different. I want to move towards a performance-management culture.

I also believe in open communication and being more transparent. We want to make sure that we communicate clearly what our vision is for the group and where we are going, so that people can understand and buy into the vision. Amid our ongoing corporate restructuring exercise, we are attempting to build the right team that can drive the business forward. I’ve brought back some of the “old guards”, those who had been with my father in the 1980s during the heydays of MUI, while taking in “new blood” to generate new ideas to help us in our business transformation because I want a mixture of the group’s rich history and the future of where we are going.

On turning around the company

Our initiative involves corporate restructuring, business transformation and deleveraging. We need to streamline the group’s business, reduce redundancies and improve efficiencies to strengthen our position in the marketplace and improve our competitiveness. We will focus on our core activities – retail, hospitality & property, and food - so that we can become stronger in those areas.

Meanwhile, we are also transforming our business to make it more lifestyle-driven. In line with this initiative, all our brands are being refreshed to adopt a lifestyle concept.

We also want to deleverage to reduce our gearing to put ourselves in a more stable footing to weather any kind of challenges ahead.

On asset rationalisation

Currently a strategic review is being undertaken, which means anything can be for sale.

Ultimately, it is a question of price. If a bidder comes in with the right price, we will consider it seriously. Our overarching goal is to pare down our debt and reduce our gearing to a comfortable level.

On potential strategic partnerships

We are open to strategic partnerships to grow our business. As long as, the group is aligned to our business goals and ethics, we don’t mind tying up and having strategic partnerships/investors so that we can grow together.

On medium to longer term goal for the company

We want to put the group in a stronger and firmer footing, and deliver value to our stakeholders.

We also want to bring back the relevance, and make MUI one of the strong corporate players in the market.

Norway with USD1Trillion sovereign assets vs MY MYR1Trillion debts. wakaka....

Yes, I purposely address Guan Eng as our Goddess Guan Yin, compassionate leader. Great leader is prayed like Goddess.

Of course to be a great doctor not easy nowadays. Doctor is not expected to dispense medicine, but act as a phycologist curing patient's mental health by reassuring them that their health can be cured. This is what Dr Guan Yin fail to do. emotional healthweing of all citizens are very paramount to convince foreign investment. we are already really fed up with never ending bad news. When can we have more happy ending as poor malaysian

It's unfair to blame PH new govt. to cleanese 61 years deep rooted tongkat ali culture in short period of time. we need a revolution of mindset to create new MY miracle. i doubt this will happen.

In next 10 years, foreigners' populations will bypass all locals due to own laziness. even without 1mdb issue, MYR still gone to dog due to outflow of foreign exchange

sorry to say chinese culture of hardworking long gone. MY competitiveness as low mfg base already gone to Thailand, Vietnam. after assimilate so long with lazy malays, chinese also become lazy. wakaka

Local Malaysians are lazy. without foreign workers, all boss will makan rumput

Wiil visit a mulut celupar doctor who keep convince patient how bad your cancer i/o cure, solution???

Make a mountain out of a molehill

Dear SifuCalvin, Thank you for yr adv. i learn new things in auction process today.

Dear Calvin Sifu, thank you for yr adv. on auction process. So, can CEO bid as well on personal capacity by law if no bidders after many months?

Dear Calvin, If under firesales auction, can Bill ching/ proxy buy back on personal capacity? end up, asset sales value not enough to cover all debts.

too late to realise it now. i've to hope for miracle like croatia win vs argentina 3-0 now

PN17 suspension before relisting, takes how long? Tunggu sekejap can means 1 yr, 3 yr or 10 yrs, also tunggu sekejap. my money still stucked here due to stupid CEO for few years already

Germany with over 80Million population has only 15 ministers vs MY with 30million citizens have larger portfolio 28Ministers??

only RTO can turnaround the fate of MPCorpse. all sleeping directors must be sacked

UMNO is still relevant to stop the Taliban PAS. bear in mind only 30% Malays vote PH. 70% is UMNO+PAS. If both combined forces, PH is doom