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Posted by curiwangbagus > 2013-11-12 13:29 | Report Abuse
Hidden story of Robert Kuok – Malaysian Cronies get rich by the 10s of billions, but Malaysia losses 200 billion in Investment PART 1...Hidden story of Robert Kuok 0302_robert-kuok_320x181Recently, the government offended Robert Kuok, as a result, the Malaysian economy suffered great blow! After the official Chinese Premier Wen Jiabao’s visit to Malaysia, the Najib government now really understands Robert Kuok’s influence on China! In order to benefit their cronies, they arm twist to swallow Robert Kuok’s sugar empire. The cronies get richer by 10s of billions, but it caused a national loss of more than 200 billion! Those who has insider info can only curse: PKHKC it! Malaysia sugar king left forced to leave Malaysia, but became the world’s sugar king! He bought the world’s largest sugar mills in Australia, invested USD10 billion, It is the world’s largest sugar cane sugar refining industry, living up to the name of the world’s sugar king. On the other hand, the Malaysia government benefited cronies at the expense of national interests. For those who know the insiders info, Kuok offered much help to the Malaysian government in the past few decades, he had done everything possible; but what the government did was like what you will get when you turn over a pig stomach: feces. In other words, Najib Government is UNGRATEFUL! In the “Confidential” news, is about the Chinese Premier Wen Jiabao’s visit to Malaysia recently, it hit a snag with Najib. Prior to Premier Wen Jiabao’s visit to Malaysia, Najib and his cabinet on more than one occasion, hinted that he hoped China will double the amount of palm oil with Malaysia. We all know that China is the largest consumer of palm oil from Malaysia. Rapid economic rise in the recent years, China became the largest palm oil market for Malaysia, but Malaysia is also strong competition from Indonesia, trying to sell palm oil at lower prices to China and India, diluting Malaysian market share. This is most worrying got Najib. Najib hoped to sign a new palm oil trading contracts with Premier Wen Jiabao to sign in order to more than double the average 10 million tonnes monthly exports to China. But Wen Jiabao came to a Malaysia, told Najib, it is impossible. It was an utter disappointment. Najib knows the Chinese market demand. Even to import one million tonnes of palm oil monthly, is not a problem. So, where is the problem? The problem lies: Sugar Kuok does not agree! Why Sugar King Kuak was able to influence China’s decision to buy Malaysian palm oil? Who is the monopoly of Chinese national oil market? China national oil market leader is “Arowana oil” cooking oil, accounting for nearly 40%! The Arowana oil cooking oil boss, is Robert Kuok! Think about it, Premier Wen Jiabao on behalf of the Chinese government to buy Malaysian palm oil. Who is to refine it into cooking oil? Of course, it is the privatized enterprises! With 40% market share, if Arowana oil cooking oil company refuse the supply, how the Chinese government going to utilize the supply? Najib was insensibly from the outset, and did not know Kuok has such big influence with China. He had helped cronies, forced Robert Kuok to give up the Malaysian sugar king throne, and didn’t expect to have such quick retribution Kuok was forced to leave Malaysia, the heart is of course very unhappy. People of Malaysia must know, during the early days of Malaysia, we do not have aviation professionals, the BN government requested Kuok’s father to help set up Malayan Airways. 1970 Malaysian maritime shipping industry is also a vacuum, the Malaysian government sent representatives to Hong Kong to personally invite Kuok’s help. Kuok for national development, he put aside the Group’s business, came back to Malaysia to assist the Government to establish a national maritime shipping industry, this has the later MALAYSIA INTERNATIONAL SHIPPING COPERATION, referred to as MISC. Robert Kuok was a big help when Malaysia was repeatedly faced economic difficulties. Even MCA Tan Koon Swan’s case, it was Robert Kuok who paid the bail! Malaysia successive governments, from BN to the National Front, owed Robert Kuok hell lot. But the Malaysian Government was ungrateful, using the hard arm twisting excuse to forcefully take over Kuok’s empire. This is not ungrateful? Deng Xiaoping made a comeback in the 70s, announced China’s reform and needed most generous help of overseas Chinese entrepreneurs; Robert was first to take actions to help Deng. Among the entrepreneurs of Chinese economic miracle are Henry Fok and Li Ka-shing Hong Kong. Malaysian entrepreneur Robert Kuok is the first to response of Deng Xiaoping in Beijing and built China’s first five-star hotels: Shangri-La!