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THE INVESTMENT APPROACH OF CALVIN TAN
JAYA TIASA (4383) WAS 71.5 SEN REPOSTING THIS PALM OIL JEWEL & LATEST UPDATES, Calvin Tan
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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....
Posted by izoklse > 2015-06-07 17:10 | Report Abuse
http://www.malaysia-today.net/blogger-says-sarawak-report-hid-key-1mdb-documents/ KUALA LUMPUR, June 6, 2015: Online blog Sarawak Report has come under attack again for misleading publications related to 1Malaysia Development Bhd (1MDB), with another online blog Benchmark accusing the former of withholding key documents. Just days after Citizens for Accountable Governance Malaysia (CAGM) blasted Sarawak Report editor Clare Rewcastle Brown’s denial that her husband Andrew Brown was acquainted with former Prime Minister Tun Dr Mahathir Mohamad, the Benchmark blogger wrote: “It is devious of Sarawak Report to only selectively leak and publish a few documents which allowed Sarawak Report to mislead their readers.”The Benchmark blogger added: “Sarawak Report has published only only a dozen of these thousands of documents they admit that they have in order to manipulate a storyline that they want to allege. “In the interest of fairness, we invite Sarawak Report to release every single of the thousands of documents that they said they have in order to let their readers be the judge of the full story.” The Benchmark blogger wrote: “The documents proves that PetroSaudi-1MDB joint venture was initiated with the Malaysia government at the highest level of the Saudi Arabia Kingdom royal family. “PetroSaudi is owned by Turki bin Abdullah Al Saud, the seventh son of the then King Abdullah bin Abdulaziz Al Saud. Prince Turki was also the Governor of the Riyadh Province. “With King Abdullah’s blessings after His Highness meeting with Malaysia Prime Minister (Datuk Seri) Najib Razak. the documents show that Prince Turki has instructed PetroSaudi to enter into a Joint-venture with 1MDB. “As Prince Turki is the founder and chairman of PetroSaudi International, he wrote using his Royal letterhead to Najib Razak ‘As a follow up to the dialogue we initiated, please find enclosed a letter from MY CEO’.” The Benchmark blogger also wrote: “The second letter is from 1MDB lawyers Wong and Co with attachments of letters written by the CEO of PetroSaudi International to the 1MDB-PetroSaudi JV to demand repayment of US$700 million (RM2.61 billion) into PetroSaudi International’s JP Morgan Chase Account for account of RBS Courts Bank Ltd (544-7-4487)6). “This clearly shows any transfers for fund into Good Star Ltd accounts was at the instruction of PetroSaudi International CEO and not by 1MDB. “The third latest letter is a written confirmation by PetroSaudi International that the controversial Good Star Ltd company has always been fully owned by PetroSaudi alone. “Taken together, the above document trails clearly show that: * 1MDB has never transferred any money to third party owned accounts other than to the 1MDB-PetroSaudi JV * Good Star Ltd is and has always been a fully owned PetroSaudi company * The entire joint-venture was done with the full knowledge and in agreement with the highest levels of the Kingdom of Saudi Arabia leadership.” Copies of the above three letters can be found at http://thebenchmark1.blogspot.com/2015/06/petrosaudi-1mdb-jv.html?m=1. In the earlier criticism, CAGM chairman Md Zainal Abidin had reportedly said while CAGM expressed “support for Sarawak Report’s initiative to expose 1MDB’s alleged wrongdoings, he reminded her to practice responsible journalism, adding that it was ‘morally and ethically wrong to hoodwink the Malaysian public in the pretext of fighting for justice and transparency’.”