Archive for March, 2009
Tuesday, March 24th, 2009
From 16 to 19 June 2009, the High Net Worth Summit 2009 Kuala Lumpur will be held at the Mandarin Oriental Hotel.
It is invitation only – and only those with assets worth USD30 million (RM100 million) or more, excluding the value of their main residence, are qualified to attend.
Some 2,000 such people from around the globe are expected to attend, half from Asia, and the others from Europe, North America, the Middle East, Russia and South Africa.
Their combined net worth is estimated to be at least USD40 billion (RM149 billion).
Has such a gathering under one roof ever been attempted here, or even anywhere?
The purpose of the event is to “provide a platform to network for the rich and famous, luxury brands and rich corporations to sign deals and buy luxury items.”
The first-of-its-kind event is organised by Iyecon Events Sdn Bhd and ECMI Sdn Bhd in partnership with Vistajet and Mandarin Oriental.
The masterminds are two lawyers — Malaysian Tan Wei Ming, 33 and Londoner Guy Holland.
Source
New Straits Times, 21 Mar 2009
… it seems all gatherings in Malaysia are done in hotels, I think it’s about time they’re done in rv parks for a change …
Posted in news, sabud | No Comments »
Friday, March 6th, 2009
Puncak Niaga Holdings Bhd (PNHB) Executive Chairman, Tan Sri Rozali Ismail (b. Dec 1957) gets paid RM5.1 million in director’s fee/salary, according to the 2007 Puncak Niaga Holdings Berhad annual report.
That works out to be RM425,000 per month, RM16,346 per day or RM35 per minute.
That is among the top 10 in Malaysia.
He is Syarikat Bekalan Air Selangor (Syabas) chairman.
Sekinchan assemblyman Ng Suee Lim asked on 17th March 2009:
The company faced a critical economic crisis, RM2.9 billion in debt. Yet, what surprises us is that they could afford to pay the chairman such a high salary. Something is not right when a state government company chairman earned so much when the company was on the verge of bankruptcy.
He said Syabas last increased the water tariff in 2006 and could do so again next year with approval from the Energy, Water and Communications Ministry.
If this happens, then we will have to drink rain water or even petrol which is cheaper now.
According to Malaysian Business, he’s also the 33rd richest man in Malaysia.
Asked about his pay package, he said: “…If they want professionals to run the company, they will have to pay.”
Source
New Straits Times, 18 March 2009
… with that kind of pay package, new breeches for the stable should be no problems …
Posted in bve, sabud | 3 Comments »
Monday, March 2nd, 2009
The Tata Nano is probably the world’s least expensive production car, at USD2,000.
The city car – rear-engined, 4-passenger car targets the Indian market was unveiled on 10th January 2008.
Tata Motors announced on 26th Feb 2009 that its commercial launch is on 23rd March 2009.
Other details:
Engine(s): 2 cylinder SOHC petrol Bosch multi-point fuel injection (single injector) all aluminium 623 cc (38 cu in)
Transmission(s): 4 speed synchromesh with overdrive in 4th
Wheelbase: 2,230 mm (87.8 in)
Length: 3100 mm (122 in)
Width: 1500 mm (59.1 in)
Height: 1600 mm (63 in)
Kerb weight: 580 kg (1,300 lb)-600 kg (1,300 lb)
Fuel capacity: 15 L (4 US gal; 3 imp gal)
Designer: Girish Wagh, Justin Norek, Pierre Castinel
… now, with all that money saved, one can now focus on getting the best weight loss pills money can buy …
Posted in news, sabud | No Comments »
