Something seems wrong with this news
Gamuda Bhd’s cash position will be significantly enhanced, providing significant liquidity to its asset profile, upon successful acquisition of its four tolls by Finance Ministry.
MIDF Research said it opined the the potential cash proceeds could be utilised for other projects, which includes the funding of its large infrastructure projects in Penang.
“The market also has high expectations of the massive Penang Transport Master Plan (PTMP) of which Gamuda is in the driver’s seat via its 60 per cent stake in the consortium, that has been appointed the project delivery partner,” it added.
I always wonder why Guan Eng as the finance minister wants to take over the Gamuda's highways in particular?
So that Gamuda can do things in DAP's beloved Penang, is it?
Well, today we have this story;
Isn't it a bit weird to scrutinise the deals now that Guan Eng on Saturday had said this;
That's the Finance Minister talking, okay. It's basically a done deal...as Anwar would likely put it.
Then why did Datuk Kadir still asked for the deals to be scrutinised?
Well, I suspect that he knows something shitty about the deals and decided to make noise about it.
Maybe his journalist self managed to overcome the politician side of him this time.
Let's wait for the media of Malaysia Baru to chase after Guan Eng and get more details of the deals.
I'm sure Datuk Kadir would have sounded his juniors now running the media outlets to do so. For the sake of the rakyat, okay.
If they don't, then all I would say is that things are all still the same....or maybe even worse.