UNFANCIED property development company Damansara Realty Bhd is speculated to be a beneficiary for the job to build a gas-fired power plant in Johor called Project 4A.
This is on account that the new major shareholder of the company, that has interest in facilities management services, car park operations apart from property development, is linked to the royalty in Johor.
Damansara Realty recently saw well-connected businessman Datuk Daing A Malek Daing A Rahaman emerging as a controlling shareholder after he acquired a 51% block in the company from Johor Corp at 50 sen a share.
Daing A Malek is a member of the Council of the Royal Court of Advisers to the Sultan of Johor is said to be a close associate of the Johor royalty.
Constitutional law expert Dr Abdul Aziz Bari said the Sultan could play an active role in state administration including that of checks and balances without getting involved in the manner spelt out in the proposed Bill.
“The proposed Bill by the Johor government will allow the Sultan to have direct involvement in the state administration. It is unnecessary and may compromise the concept of constitutional monarchy practised in Malaysia,” he stressed.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
stainlyho37
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Posted by stainlyho37 > 2014-05-30 15:54 | Report Abuse
see...how the big player collecting week ago...