Thursday, 16 October 2014

Menjawab Fitnah Pembangkang Isu 1MDB.


Haiyo! The zombies are saying that 1MDB Energy's IPO delay is because the books are wrong and that there are no buyers or there is songlap.

Hello, it is quite normal for mega-IPOs (or any IPOs) to be delayed due to a variety of reasons during the due-diligence, fund-raising stage and due to regulatory approvals or due to a major business development such as injections of new projects (which is the case in 1MDB due to the award of two major IPP projects).

Were the following recent mega-IPOs delayed due to songlap, dodgy books or no buyers too?


And closer to home.. Felda Global's IPO (2nd largest in the world for that year after FaceBook) was delayed too:
http://www.theedgemalaysia.com/highlights/198404-doubts-over-felda-globals-ipo-deadline.html

Why are people so against a successful IPO for 1MDB Energy? Is a successful 1MDB Energy IPO with a good valuation something good or bad for Malaysia? If it is a good thing, then why are you all so angry about it? Why are you so happy to see Malaysia fail?

DAP's Tony Pua is saying that the Federal Govt is bailing out 1Malaysia Development Bhd (1MDB) through several power plant projects worth billions of ringgit, http://tinyurl.com/np6xo57

He said the "rapid succession" tenders of multi-billion ringgit power contracts given to 1MDB’s energy arm was proof that the government was "pulling out all stops" to ensure the viability of the IPO and boosting the valuation. Tony Pua, who owns 1MDB? The govt, right?

What is wrong with the govt awarding IPP contracts to ... the govt? And if the IPO is successful and the valuation of the IPO of 1MDB is higher then who benefits?

Yes, the govt.

So, can you please make up your mind? When the IPPs were privatized to private companies, you all keep shouting crony! crony! But when govt now owns and operates the IPPs, you are crying bail-out and "crowding out the private sector".

Apa lagi Tony Pua mahu?

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