The current finance minister was CEO of CIMB at the time this unsecured loan was given to GHK. Will it be another bailout using the people's money? Still saying wants to buy cheap? Padam muka betul!
Covid-19 is a Black Swan event. No one can foresee such unexpected scenario. Most businesses are adversely hit and it is just the degree of severity. We should be wishing LKT & his Group of Companies well and hope that everyone will have a healthy, happy and prosperous CNY.
Panorama 1, When business environment was good, CEO and directors sat on big fat salaries. When business failed and bailout by the government thus the people money indirectly used to share the losses.
For long term investment, it is important to have a varied portfolio of fundamental blue chip stocks. Nothing Venture Nothing Gain. Win Some Lose Some. Humans aren’t wise. Sometimes just too smart for our own good.
Just wonder how a person that like to use words such as kesian, miskin, sampahh, etc and with disrespectful remarks to others as a human being too can have friends. At least that guy with Genting logo says welcome naysayers with opened arms, this is very good. Ok lah , l leave the forum until more exciting news appears. Happy CNY everyone.
These banks provided RM2.51 billion in unsecured loans to Genting Hong Kong Ltd...
Unsecured loans are loans that aren't backed by an asset such as a car or home..... they include student loans, personal loans and revolving credit such as credit cards...
Genting's Lim Kok Thay blames Germany for cruise operator’s demise
(Jan 29): Tan Sri Lim Kok Thay, the former chairman of Genting Hong Kong Ltd, which slid into provisional liquidation last week, has accused the German government of walking away from a promise to provide capital to Genting’s shipbuilding unit, whose demise ultimately forced the cruise ship operator to seek court assistance to safeguard its assets.
"Today, the non-performing loan ratio is only 1.4 per cent, including the provision for a partial non -performing loan ratio for loans by Genting Hong Kong. said Tengku Zafrul.- Bernama
YES WELCOME NEW AND CURRENT AND LONG LOST NAYSAYERS LOOKING FORWARD TO YOU CHANGING YOUR TUNE WHEN YOU HAVE BOUGHT DONT BE SHY WE ALL KNOW YOU ARE CHEAPSKATE P0NDAN UNCLES HA HA HA HA HA
Very confident this year result is going to be very good. Casino all open in Malaysia, Singapore, US and England. Theme Park is going to open this month. Expect Q2'2022 onward will give Dividend.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
StartOfTheBull
8,185 posts
Posted by StartOfTheBull > 2022-01-29 20:42 | Report Abuse
The current finance minister was CEO of CIMB at the time this unsecured loan was given to GHK. Will it be another bailout using the people's money?
Still saying wants to buy cheap? Padam muka betul!