Saturday, April 21, 2007

Perangsang sings a new song with Samy


Kumpulan Perangsang Selangor Bhd (KPSB) may have failed in the Matrade Building project.

Samy Vellu may had said that he will go after the culprit and it's directors.

But all is well in KPSB. They are now looking at acquiring Puncak Niaga's 70% equity interest in Syarikat Bekalan Air Selangor (Syabas). The balance 30% of Syabas is held by Kumpulan Darul Ehsan Bhd (KDEB), the Selangor government's investment arm.

Who will stand to gain with this acquisition?

Will Selangor govt pay the acquisition by cash or to issue shares which will result in Tan Sri Rozali becoming the ultimate majority shareholder of KPSB?

Reverse talkover or forward acquisition? Guess the game of money.

1 comment:

Anonymous said...

you believe the semi bugger? go after who? this guy is really a teflon!