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Friday, April 3, 2009

PM Najib’s Cronies and their Related Companies

Everyone knows whenever there’s a change to the premiership not only political landscape changes but also the stock-market landscape. When Mahathir called it a day in 2003 almost immediately his cronies listed companies were affected. The same goes to Badawi although his departure doesn’t have the same impact due to his short-term in office. And now with Najib Razak as the new Prime Minister naturally his cronies or rather those who are closely linked to him are instantly on investors or punters’ radar. Malaysia politics and business model is rather unique because you will see both scratching each other for survival and prosperity. This is something that foreign investors found rather hard though amuse to accept or understand, not to mention frustration due to escalating in business operating costs. [more]




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