If Puspakom trustable there will be less accidents in M'sia. Puspakom at time also unreliable. Why S'pore accident rate low? Use less car. Travel by MRT safer.
The similarity & differences between Singapore VICOM & Malaysia's PUSPAKOM is this
1) All new cars & vehicles in Singapore & Malaysia before registration must be sent for inspection before roadtax is issued.
2) The difference from then on will be this All Malaysian Commercial vehicles will be subjected to yearly inspection but private cars are exempted if roadtax expires less than 12 months.
Only when roadtax expires more than 1 year will Malaysian private cars be subjected to Puspakom Inspection.
However, in Singapore, irrespective of everything EVERY PRIVATE MUST GO FOR YEARLY INSPECTION BEFORE ROADTAX IS ALLOWED FOR RENEWAL. But on Malaysian roads cars have been around for 5, 10 or 15 years without a second inspection since new.
And for this reason many cars have faulty brakes, tyres, wheels & others which might make it unfit on the highways. Every one of these speeding (uninspected vehicles) cars/vehicles on our highways are literal running bombs. That's why there is a need for Govt to implement YEARLY INSPECTION FOR ALL CARS/VEHICLES FOR UTMOST SAFETY.
Posted by skyz > Jan 14, 2017 09:12 AM | Report Abuse
theoretically yes, the business is there for Puspakom, but due to corrupted practices in GLCs, do u think they can really generate profit?
Calvin thinks highly possible.
Calvin also bought MyEG, another GLC linked stock. Bought at Rm2.00. My EG or My Emas Gold doubled in price to Rm4.00 and split (Up a nice 100%)
So with 21.25 MILLION VEHICLES in Malaysia (According to MOTOR TRADER) where buying & selling for change of ownership MUST BE INSPECTED by Puspakom - Puspakom is sitting like a CASH COW.
And when MyEG raised foreign maid fees to over Rm100 my Johor Buddies who employed foreign maids were howling and protesting to no avail I took the opportunity to buy MyEG!
So if Puspakom just raise inspection fees by just ten ringgit?
The multiplying equation would be
21,250,000 x 10 = Rm221.25 MILLION (just think!)
DRB has a very potent ATM!
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Posted by sell > 2016-12-26 16:53 | Report Abuse
If Puspakom trustable there will be less accidents in M'sia. Puspakom at time also unreliable. Why S'pore accident rate low? Use less car. Travel by MRT safer.