Who gets the credit? Vale SA of Brazil plans to invest up to US$5 billion on a massive distribution centre in Perak. That's great. But PKR and BN's upmanship on who gets the credit could force Vale to pack their bags and go. That would be a shame, for a nation suffering record unemployment.
By the way, the company that is selling the land to Vale SA is Harta Makmur. It is 54 per cent owned by KYM Holdings Bhd, Bursa Malaysia record shows. Harta Makmur is a company that has long-standing links with Tajudin Ramli, the forgotten tycoon, while KYM is owned by KY Lim, a banker with longer standing ties with TR.
So who are the lucky 46 pct owners of Harta Makmur?