Thursday, March 17, 2011

Syed Mokthtar's revised offer


CLOSER TO RM1 BEE. I have been told that Syed Mokthtar Al Bukhary has submitted this week a revised bid to acquire a 32.3 per cent stake in POS Malaysia Berhad. The stake belongs to Khazanah Nasional Bhd and the Government has a gold share in the company. Last year, the tycoon was on the verge on winning the a bid to control POS Malaysia, with a RM700 million offer but was asked at the last minute to resubmit a fresh offer as Khazanah deemed the bid to be too low. The dudes at Khazanah felt that once the Postal Land Act is revised, there will be a relaxation in the use of Pos Malaysia land so they thought that called for a premium.

SMAB's new offer is in range of RM1 billion, and he will not seek to strip the Government of its golden share.

53 comments:

Anonymous said...

i was told the people in POS is trying to turn company into a bank. starting July, POS will start taking deposits. hello u take deposit, how u gona pay interest if u dont lend money. so in end u jai BANK lah

Anonymous said...

i wont be surprised if syed mokthar gets it, coz basically the KN block is a Bumi block. they cant sell it to Cimb, coz KN is a controlling shareholder there. Azman Hashim of Ambank, wants to cash out, and Kalimoola who raped Pos in the Avenue deal, is not welcome. Sorry ECM even Omar Ong cant help you. And Tony , Omar cant help u eother.

Anonymous said...

i dengar ade Pak Arab jv dgn org kito

Anonymous said...

bagoslah kalu gobermen ada saham mas kat POS.

Anonymous said...

syed moktar if u get pos. pls sack the ceo. he is a prick

Anonymous said...

The dudes in Khazanah are mostly text-book morons, ex-consultants with no real business experiences, esp the MD, Azman M (M for mangkuk).

Anonymous said...

Macam mana MELAYU nak maju,,,,,baru nak AMEK aleh,,,ada aja yang DENGKI,,!!!

ME LAYU,,ME LAYU,,,!! baik jual KONDOM

-PALAT-

Anonymous said...

Disposal of Pos Malaysia to Syed Mokhtar is a sign that Khazanah is in financial distress?

Anonymous said...

the Pos stake must be kept in Malay hands.Hope Perkasa takes note

Anonymous said...

So? Syed la! Mamak son la ! Or who de fuck ! like we care? 10 billlions, 1000 biliions,, who care. ? As long u moolayu syiok sendiri!!

Anonymous said...

Seem like Pos is doing better. i went to post office recently during lunch to settle bills and i was done within 2 mins and the crowd was sizeable. Delivery of my letters are also ok. They are more visible these days. Seem like they are trying hard. Good timing for SM to come in to rejuvenate it further.

Anonymous said...

Seem like Pos is doing better. i went to post office recently during lunch to settle bills and i was done within 2 mins and the crowd was sizeable. Delivery of my letters are also ok. They are more visible these days. Seem like they are trying hard. Good timing for SM to come in to rejuvenate it further.

zainal abidin awang kechik said...

UMNO NEW BENDAHARI....

Anonymous said...

National postal also want to sell ?

Sell the Bank Negara also !

Sell the Cabinet as well !

Apa lancau pun mau jual !

Bodoh punya ammo merlayu !

Anonymous said...

Bru bro, I still think TSM wants to pump Bank Muamalat into Pos branches. If so, maybe he can create an animal with higher value than RM1b.
But it is true that Pos has shown improvement; from its service level to their bottomline. Definitely theey are starting to do more. So if TSM wins, it will be even better for Pos.

eddy said...

Di bumi bertuah ini, tak ada kah individu Melayu selain dari Syed Mokhtar yang boleh membina kekayaan dengan berinteraksi dengan Gomen.

Anonymous said...

Aiyoyo....Syed Mokhtar lagi?

Anonymous said...

smelly deal!!!

just like the retarded minister saying the bible are smelly.

Anonymous said...

Anon 6.59pm

syed moktar if u get pos. pls sack the ceo. he is a prick


Gua rasa gua tau siapa yang tulis ni. Brader ni mesti tak puas hati masa zaman nst lagi. Tapi dia bukan buat apapun. nst dah hancur pun dia tak sedar lagi. Inilah orang2 yg tak peform; bukan ceo punya salah da. Mintak tu mintak ni, underwear pun dia nak mintak. Orang macam ni kena pandang cermin dulu la. Hidup lu dah bagus sangat ke? Pegilah. Harian Metro dok selamatkan nst pun tak sedar lagi. Berapa jualan nst sekarang? Gua dengar 80ribu sehari aje. majalah mastika pun lagi lebeh. Nasib baik Bad tu masih boleh jual iklan dalam nst.

Anonymous said...

Eddy, I assume you are a Malay. Why dont you or you friends bid for it. Match the offer lah Bruder. By the way, Khazanah is doin this in an arms length way. Anyone who has the money can place a bid. Only restriction is the bidders company must be 51 per cent malaysian. Cm'on Eddy, you can do it BRO. Btw the BID closed on March 15. Sorry iye.

TSM Fund manager

tahir-nisa said...

What a country and government we have...government agencies were privatised and now are to be sold to individual billionaires. Maybe one day the government of the day would start selling off districts and states to some individuals like what we used to do in playing MONOPOLY.

Anonymous said...

yo rocky',
you punya tip ka tip-u?
kalau 1 billion, harga sepatutnya sudah sampai rm5.76, sekarang masih rm3.15. orang tak percaya lu punya cakap!

Anonymous said...

Everyone can bid for Pos Malaysia. Stop bitching and start bidding. Salah ke kalau Syed Mokthar bid. Ape die bukan rakyat Malaysia kah????



Dj Bujai

Anonymous said...

THE POS Management believes Khazanah’s divestment of its 32% stake in POS will likely happen during the Invest Malaysia conference on 12 April - Hong Leong Research.

Tunggu ape lagi!!! Beli lah Saham POS Malaysia utk kesejahteraan masa depan anak/ cucu/ cicit anda!!!


Pak Laah

Anti-moron said...

Agree with you Eddy. Tak ada orang lain kah? Tak ada perubahan Kah. Dulu semua Daim. Sekarang semua Syed M. Lessons not learnt.

Anonymous said...

Yang kaya bertambah kaya. I guess after this, stamps & other services provided by POS Malaysia will be higher.

Dire straits.

Nik said...

How is he going to pay for this deal on top of the Debt Pile he has built up on his other acquisitions?

It all does not quite add up

Anonymous said...

yes better sell to Lim Goh Tong or Vincent Tan..

because there is no other Malay is capable in restoring POS.

Khazanah is a failure..how come an investment of RM100M is being sell for only a RM1M??

Lady J said...

The last time this things happened,that is when the menantu bought Pos Malaysia,the drivers and riders were suddenly received rebet. Before they were shelved when paklahabau was out of power.

Syed Mokhtar surely knows something we dont.Im keeping my fingers crossed.

Anonymous said...

KN is going to sell POS to Kalimulah


Branden

Anonymous said...

I have been told? This is not a mum & pop shop like mamaktir's bakery! This is a freaking listed entity. Please be a little more responsible.

Anonymous said...

Not gold share but golden share!

Anonymous said...

I have seen how bloody GLC's operate - personally. Corporate governance - my ass!

Anonymous said...

Crap - the joker cum rent seeker who does not donate his personal money but monies belonging to listed en-tities to a foundation in his namesake.

Ha ha ha.

But why not.

Everyone knows he is a proxy to mamaktir!

Anonymous said...

so?

Anonymous said...

so?

he got de deal!

but what de fuck! still nid gambling taxes to take care of de mosque!

no? yes!

LOL

everyday pray to 4D ???

LOL!!!

Anonymous said...

dear eddy, the star newspaper said that DRb HICOM has bid for POS. it also said Kamaluddin Badawi also bid. Kamal' Scomi bid RM 400 mil, thats just abv two times book value. Syed Mokthar is offering FOUR times book value. which u think is a good deal for rakyat?

bru said...

Anonymous said...
I have been told? This is not a mum & pop shop like mamaktir's bakery! This is a freaking listed entity. Please be a little more responsible.

10:31 PM

xxxxxxxx


ANON,


YOU READ THE STAR HARI INI? WELL, YOU "HEARD" IT IN ROCKY'S BRU FIRST OK! AND THE EDGE ALSO HAS A SPECULATIVE PIECE ON SCOMI BIDDING FOR POS.

DO STICK AROUND, PLEASE. I HOPE TO "HEAR" MORE SOON ...

Anonymous said...

anon 10.31 malu lah hang, kena tibai mcm budak bodoh. as for anon 1.04 pm, dulu syed beli drb, untuk berapa. berapa premium yg syed beri. anon, beyoll kata mak kao, yg kao in bahluullll

Anonymous said...

DRB is the ELECTION stock. goin to go to RM 5 when govt announce G E.

Anonymous said...

confirm DRB menang. You Heard it here. Scomi mane de duiiit

Anonymous said...

Scomi, hmm very interesting. During Pak Lah time they got a free hand making buses for government. Najib if u wana lose Election, just give i to Scomi.

Anonymous said...

In the end the Private sector will have all the up-side of the economy and the government will be left to hold the down-side of the economy with the same people on either side of the equation.May Allah Bless This Country because it is run on His name.

Anonymous said...

Anon 8:12 PM you wrote : May Allah Bless This Country because it is run on His name.

Bruder, it is run IN his name, not ON his name.

Anonymous said...

Anon 8:12 PM you wrote : May Allah Bless This Country because it is run on His name.

Bruder, it is run IN his name, not ON his name.

Anonymous said...

I aso hear DRB is election stocks.All the chinese papers are saying so aso.

Anonymous said...

SCOMI losing money. For financial year ended December 31 2010, Scomi Group Bhd posted a pre tax loss of RM180 million, while its accounts receiveables stood at RM800 million, which means, if they cannot collect from suppliers, they will go bankrupct.

Shan MUgam

Anonymous said...

Kalimullah, K J and SCOMI are into this together. Sumore, Scomi is losing a lot of money. They might end up RAPING pos malaysia.

Anonymous said...

Anon 10.31pm, aiyo suda kena main depan bilakang kah!!!!!

Anonymous said...

Hwang DBS, bank Singapura kata BELI DRB HCIOM. Akan naik sampai RM3.80.

SaynotoSyedMohtar said...

POS Malaysia should be given to the Cooperatives of Postal Workers.

There is no justification to give the wealth of the nation to one Yemeni man Syed Mokhtar.

Let the workers share in the company growth.

There are many postal workers working for 600 ringgit a month before the raise.

Says no to privatisation that is more to capitalist piracy.

Postal workers now are more efficient and working hard. For SM to just come in and milk them is too much.

Why make an individual like SM into billionaires. It is the morons at Khazanah and EPU who are responsible for the inbalance in wealth.

While we struggle to pay for the stamps SM and the likes makes billions!

Skilgannon1066 said...

Anon 10:50 PM

Why your comment when capital and talent are globalised and go where they are most welcomed?

Is Pos Malaysia supposed to be profit-making (or why list it on Bursa Malaysia) or is it more akin to Malaysia Airlines (MAS) which was constantly whingeing about having to fly loss-making domestic routes in the name of "national service"?

The government might as well privatise Pos Malaysia and revert it to a government department or statutory board with 100% control. They can then subsidise it to their hearts' content with taxpayer funds.

Or the prospect of continued 5 per cent+ budget deficits and the consequent pressure on the ratings and yields of Malaysian government bonds and sukuk are deterring the government from contemplating such a move.

Enter Syed Mokh.......

Anonymous said...

TERKINI - MP Corp Bhd yg rugi RM9 juta tahun lalu is the parter of Amanah Reit for POS Malaysia. Best part is MP Corp x ade duit tapi Amokh kate tak ape : Jom kita park POS kat sana dulu, lepas itu bole lah kita meliwatnya!!!!
MP Corp kompeni CINA!!!! kononnya, KN nak buat projek dgn depa kat IRD. Insider kat IRD akan k'uarkan rahsia jijik MP Corp, kalu mrk mao jugak!!! KN durhaka kat MELAYU!!! Undi lah MCA. Ape Najib nake belakangkan kaum sendiri dan berikan pade MP Corp agar Chua Soi Lek dan AMOKh bole minum WHISKY!!!!

Dj Bujai