Can only see negative QR, much more than the profitable QR. There is no way this company can be awarded any contract related to government as it will be seen as cronyism. Pure goreng by syndicate
Matthew H Tong 17/12/2018 Qatar Sheikh to invest RM1.6 trillion in 3rd car project?
It appears that a Qatari Sheikh has expressed interest to invest in the new national car project (NNCP), said Federal Territories minister Khalid bin Abdul Samad. Without going into the details, Khalid said the Gulf entrepreneur is keen on investing as much as US$400 billion (RM1.6 trillion) in the project, which was first mooted earlier in June by the Malaysian Prime Minister, Tun Dr Mahathir Mohamed, reports Bernama.
UPDATE: Entrepreneur development minister Datuk Seri Mohd Redzuan Yusof has denied that Qatar is investing in the NNCP. More here
“Tun Dr Mahathir has met with Sheikh Qatar of Qatar who plans to invest US$400 billion… Tun Dr Mahathir said, you have the money, we have the expertise. The Malaysian cabinet has mandated that no government fund will be used to build the third national car,” said Khalid, adding that “the government has no money.”
“But if it’s a private initiative, what’s wrong if Qatar wants to use its money to open a manufacturing facility in Malaysia using Malaysian expertise? It’s not like we can oppose if they can do it. In fact, more job opportunities will be created, and we already have the experience,” Khalid explained.
As for the plant, the federal government is currently considering Alor Gajah, Melaka as one of the suitable places, citing adequate infrastructure and entrepreneurs as the primary reasons. So far, MITI has received over 20 proposals for the project, and the prototype for the new car will reportedly be ready next year. The name of the vehicle will be announced by the end of this year, and it is expected to feature semi-autonomous driving capability.
TM son can't do business with his private partner meh... If can't then what the he'll all this PM sons shall sit at home or travel to Taiwan like ajib son to meet the model to past time so useless meh
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3224 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
apolloang
18,163 posts
Posted by apolloang > 2019-04-02 12:24 | Report Abuse
sold liao lai liao…..hahaha