The issue seems to be regarding Tabung Haji paying 1MDB a discounted price of RM188.5 million for a plot of land at the Tun Razak Exchange (TRX) or RM2,774 per sq ft. What Tabung Haji paid was for converted land with title, planning approval and infrastructure. This is relatively cheap if compared to similar transactions concluded in the Golden Triangle.

Malaysian Resources Corporation Berhad (MRCB) bought the 1.8661 acre German Embassy land for RM259.15 million or RM3,188 per sq ft. This is about 6% higher than the market value of the land based on the appraisal conducted by CH Williams Talhar & Wong and Raine & Horne International Zaki & Partners.

SP Setia Bhd paid RM294.97million or RM2,200 per sq ft for the 1.22 ha British High Commission land in Jalan Ampang.

Oxley Holdings (M) Sdn Bhd, a unit of Singapore-based developer Oxley Holdings Ltd, purchased 1.3 ha in Jalan Ampang for RM446.7million or RM3,300 per sq ft.

KSK Group Bhd paid RM568 million or RM3,299 per sq ft for a 1.6 ha parcel in Jalan Conlay. The vendor was Suasana Simfoni Sdn Bhd, a subsidiary of Singapore-listed UOL Group Ltd.

If the issue is that Tabung Haji paid too much for the land or that it was a bad investment then this is not so, as the many other transactions around that area have proven. And the land deal was negotiated before 1MDB even became an issue and not after that.

The issues with tabung haji is non issues actually. They just spin it to make najib look bad and rakyat who hodoh and do not study the fact simply accept it and swallow all the lie being put online.The only reason for this is to bring down najib and now one by one inaccurate information from Dr M side being revealed by people which shows a clear agenda played by Dr M.

They then raised the issue of Lembaga Tabung Haji being used to bail out 1MDB. Actually, the Tabung Haji-1MDB land deal was struck long before 1MDB became a controversy. The spin, however, is that Tabung Haji is being used to save 1MDB, which is not quite true if the deal had been agreed earlier.

Tabung Haji has been forced to abort the deal and will now only make RM5 million instead of RM170 million had the deal gone on. And this has upset the Prime Minister.

The Umno, PKR and PAS internal strife (part 26)

THE CORRIDORS OF POWER

Raja Petra Kamarudin

Prime Minister Najib Tun Razak has been accused of keeping quiet and of not responding to the allegations against him. His critics are demanding that he respond, in particular regarding 1Malaysia Development Bhd (1MDB).

Najib responded by ordering an investigation into the affairs of 1MDB. But the criticism did not stop. His critics, led by Tun Dr Mahathir Mohamad, continued to attack him.

They then raised the issue of Lembaga Tabung Haji being used to bail out 1MDB. Actually, the Tabung Haji-1MDB land deal was struck long before 1MDB became a controversy. The spin, however, is that Tabung Haji is being used to save 1MDB, which is not quite true if the deal had been agreed earlier.

Tabung Haji has been forced to abort the deal and will now only make RM5 million instead of RM170 million had the deal gone on. And this has upset the Prime Minister.

In front of a 40,000-strong crowd in Tawau, Sabah, on Sunday, 10th May 2015, Najib said, “In 1987, I was among the ones who supported him. Why did he remain as prime minister? Because we stood together in difficult times.”

Najib was responding to Tun Dr Mahathir Mohamad’s attacks against him and related it to the 1987 push to oust him during the Team A versus Team B crisis that almost destroyed Umno and resulted in it getting deregistered.

Najib played a crucial role in that tussle and had he not rallied Pemuda Umno behind the Prime Minister, Dr Mahathir would have been ousted after just six years in office instead of serving as Malaysia’s longest Prime Minister.

“When he was in trouble, we supported him to stay on. If we did not support our leader in a time of trial, he would not have lasted for 22 years as prime minister.”

“During the Team A and Team B test (Dr Mahathir) nearly lost. Almost 50 per cent of the Umno members called him to step down. But what was his answer? ‘Even if I win by a single vote, I will continue to be the Prime Minister.’ Oh! That was a great answer.”

“So, do not forget, when he became prime minister, we gave him full support. Now when he is no longer prime minister, support us in return. If cannot support, then don’t make so much noise.”

“I only bow down to party members and the people. As long as the party members support me, and as long as people give their trust, I shall continue to serve.”

Najib also said Dr Mahathir had made misleading and contradictory statements about 1MDB. “At one time he says 1MDB lost RM42 billion and then says 1MDB did not lose but owes RM42 billion.”

This ‘declaration of war’ is Najib’s vow that he is not going to give in and will fight his detractors within the party.

Meanwhile, Zaid Ibrahim said he received unconfirmed reports that the Deputy Prime Minister is in discussions with some Umno ‘warlords’, Tun Daim Zainuddin included, in Milan, Italy, on the move to oust the Prime Minister.

If that is true then they are going to have a fight on their hands because Najib made it very clear he is not about to back down. If Najib really wants to win this fight, however, he will have to get rid of those traitors and enemies in the blanket who smile in front of him and curse him behind his back.

i think something brewing with this Nexgram.It consolidated for so many month already.

just to share with you all. talk talk inside oil & gas player is that the price of oil will reach 65 USD to 70 USD within two week for WTI. While BRENT will be moving around 70 USD - 75 USD. This is talk talk from inside oil & gas company and among the player.

means going up again. that is reverse.

i believe it will reverse back.

Heheheh Goh Now will become more more in control of MQTECH. Good Zhang li deposed. So tomorrow maybe some of you could sell your share. HEHEHEH. Cheap cheap can start Q.

[转帖] 微领科技【MQTECH】 识【微】见远 春天来【临】- Shining Star

http://klse.i3investor.com/blogs/kianweiaritcles/76015.jsp

Based on what i read in Focus Malaysia as i purchase the newspaper, Alan Voon Recommend WA & WC.

tomorrow foreign Investor will start buying back share in Bursa Malaysia. Ringgit is getting stronger while us dollar getting weaker. Tomorrow potential of Luster to shoot up is very high. The trend is strongly bullish. Meaning more upside than downside. Potential to test 0.125 and 0.13 tomorrow.

http://www.malaysia-today.net/tolak-wan-azizah-suruh-dia-balik-kajang-buat-kerja/


VIDEO : https://www.youtube.com/watch?v=mCeTaKWUbO0

Three Nexgram warrants to choose for punters

Nexgram Holdings Bhd (Nextgram) attracted some interest lately after the company proposed to acquire an 18.6% stake in Godynamic Investments Ltd (GIL) for RM18.53 mil via subsidiary Nextnation Network Sdn Bhd. The acquisition would increase Nextnation Network’s stake in GIL to 69.6% from 51% previously. GIL Group is predominantly involved in the business of telecommunication, media and technology (TMT) in Indonesia. The shares and warrants of Nexgram were relatively actively traded on April 28 with prices resilient amidst a weak market day in general.Nexgram is an investment holding company which has diversified interest in various industries, including TMT, property investment and development, as well as project investments and incubation. Nexgram posted a revenue growth of 45% to RM116 mil in the first nine months of FYE April 2015 from RM79.9 mil the corresponding period a year ago. Nevertheless, net profit for the period actually dipped slightly from RM5.1 mil to RM4.9 mil due to higher minority interest. The revenue growth was primarily attributed to revenue generated from the acquisition of Sensorlink Group. Sensorlink is involved in the import and distribution of security and video surveillance equipment.

For the full story, please subscribe to Focus Malaysia. - See more at: http://www.focusmalaysia.my/Markets/Three%20Nexgram%20warrants%20to%20choose%20for%20punters#sthash.erNidG93.dpuf

HS need to raised or take up another 8.83% or 9% share/stake at 0.205 or 0.21 before the price can shoot up. The news of another stake take up by HS will push the price higher and then they will announce the ex-date and from there the price will continuously going up before the ex-date. I believe it will start in May. :-) . Goodluck all.

good then our team will give you what u wish rob_z3_man.hahahahah.

kesian rob_z3_man dah lama tunggu. Tunggu la lagi at 0.125. Hhahhahaha.

Yes LimKokBoon. The reason for this sell down it just because of the market sentiment. And now they collect more at cheap. The shareholder will push the price at least maintain around 0.14 - 0.17 or push it even higher.

im also buying property in melaka especially near to that high speed rail project plan

wait Friday and Next week

tomorrow would be interesting to see. As there will be a buying back of all stock that going down from monday. :-)

wow its so cheap. the sell down is intendem with the rest of small cap and mid cap counter.

Finally as per predicted. It will touch 0.210 - 0.215. Now waiting for Halim to completed his buy and increase his holding and become sole Major Shareholder. Then price will be press up. Good Luck. All.

result improve. good job MQTEC. No wonder shareholder keep acquire the share from Open Market.

The same sell down also happen to the rest of top counter. What happen today ?

its being push down for so many week already.

be careful guys.All penny and mid cap has been push down today.

im waiting for the price around 0.15 - 0.18 after RI. Hope can get it as at current price easily it can reach that price after RI.

Meaning the Private Placement already almost completed and i believe this will eventually push up the price of Luster. Who purchase it i dont know. Dont ask me. But looking at it, if the company have nothing they will not request extension of another 1 month. Remember 1 MONTH. This mean something already in place and thats why bursa approve it. Only waiting for a few arrangement before completed in May. I believe it will be push higher.

im waiting for the price around 0.15 - 0.18 after RI. Hope can get it as at current price easily it can reach that price after RI.

possible it will go up. Because foreign investor start coming in after zeti remark. Thats why huge spike on a lot of penny stock price.

Aiyo beruang emas you dont know ka....all UMNO people know already he will step down very soon la. Forget about 1MDB. You cant see meh in TV very day only Muhyiddin face appear. heheheh.

maelxpdc..i thought everybody know already regarding the theme park. ???

hahahah next time you see zhang come....you should runnnn. see what happen. hahahahaha

aiyo bila mau naik.

sell la as much as you can.

PM Najib last day will be after By Election Permatang Pauh & Rompin. He will table his last Rancangan Malaysia in May 15 and soon after that announce resignation. :-) .

adoi jual la. kenapa diorang ni tak nak jual.

Waaa how u know today will gap up or reach 0.2?

yeah i sense this one not just push up for goreng. But something must be cooking inside because the buying interest nonstop.

potential of another wintoni or PMHLDG

i more interested to know what is their strategy between Zhang Li & Goh Boon Soo who keep acquire the company stake.

What announcement? kedah airport?

Yeah tomorrow confirm down again. This one no power to push.

ok la.hopefully can get 0.15. :-).

So after the ex date suma price would be around 0.15 - 0.18. Suma become So cheap. Cheapest oil & gas counter in bursa.

sumatec the dead oil & gas counter. I already made 3 time in KNM but sumatec still sleep even from last year.No investor interested to play this counter.

Post removed.Why?

check bursa website la petesim99.

Zhang Li or Goh will accquire more. Strategicly they collection from 0.155 now to 0.175. Very nice move.