Archive for June, 2007

Hong Kong – 10 Years On and Nothing Change

It was as if only yesterday when Hong Kong became the Special Administrative Region of China. How time flies, it’s already 10 years since 1997 when Hong Kong was returned to the rightful owner, China. As Hong Kong prepares to mark a decade since Chinese rule, the local government’s pulling out all the stops to […]

... written on Jun 29 2007

How to become a Millionaire using MDV money?

It is so easy to get funding from Malaysia government, if you’re ambitious enough to become a millionaire. What you need to do is to prepare a fairy-tale proposal with a colorful promise that the local have the talents (don’t tell anything about importing foreign expertise, not that the government doesn’t realize it) to deliver […]

... written on Jun 29 2007

Squeezed by Tycoon – You should Squeeze IRD back

The longer I looked at the checks of Maxis Communications Berhad (KLSE: MAXIS, stock-code 5051) which I’ve received, the more I hate the way minority shareholders are being treated. Before Ananda was where he’s today, he sweet-talked the public into subscribing to his Maxis’s share (it wasn’t cheap then, mind you) so that he can […]

... written on Jun 28 2007

Sumitomo Offered $1.5 Billion Deal by Malaysia

Kyodo News reported that Malaysia has offered Japan’s Sumitomo Corp. (TYO: 8053) a $1.5 billion deal to lay a 700-kilometer long submarine cable which will transmit electricity from the Bakun hydroelectric dam in Malaysia’s Sarawak State on Borneo to Peninsular Malaysia. It was reported that Energy, Water and Communications Minister Lim Keng Yaik together with […]

... written on Jun 28 2007

June 29th – Apple iPhone's Judgement Day

June 29th 2007 – mark this date as it could be one of the most important day in the civilization of mankind, the revolutionary phone will arrives at the store near you (only if you’re in the States). The shipments of the iPhone from Asia (via a “Hong Kong-based air courier”) are accompanied by armed […]

... written on Jun 27 2007

Listed Co Not Trustable – Book-Cooking from Day-1

I knew something wasn’t right when Hextar Holdings Bhd announced it was pulling out from the listing yesterday. Heck, why would someone just pull-out from the exercise that could potentially give you instant millions of dollars for your company? Something must be seriously wrong right? Furthermore Hextar told the exchange that it called off the […]

... written on Jun 27 2007

Ananda Made Instant Profit from 25% Sold to Saudi

Immediately after Maxis Communications Berhad (KLSE: MAXIS, stock-code 5051) stocks stop trading on the stock exchange due to privatization, Ananda Krishnan found a new buyer for his cash-cow. Reuters reported that Saudi Telecom Co., the largest Arab telecom firm, is to buy 25 percent of Maxis in a $3.04 billion (11.4 billion riyals) deal to […]

... written on Jun 26 2007

Steel-Man Eric Acquitted – Are you Surprise?

Tycoon Tan Sri Eric Chia Eng Hock was acquitted on Tuesday by the Sessions Court of the criminal breach of trust charge brought against him more than three years ago. Chia had been charged with misappropriating RM76.4mil from Perwaja Rolling Mill and Development Sdn Bhd in his capacity as its managing director at Level 13, […]

... written on Jun 26 2007

How can you Get $250 Gift Certificate?

American Express used to be the de-facto in the rich and famous life. When one showed his/her American Express card, the status symbol was immediately recognized. It will add to your ego if you can flash the American Express Gold, so much so that the advertisement on American Express Gold was portrayed as the ultimate […]

... written on Jun 26 2007

Stocks Volatility – Too Many Uncertainties

Initially investors were relieved to hear from the National Association of Realtors that existing home sales declined in May by only 0.3 percent to 5.99 million units. The tepid reading was expected, and indicated that the housing sector is still weak – the pace of existing home sales was the slowest in four years; housing […]

... written on Jun 26 2007

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