Friday, October 15, 2010

SOS ETP Can or Nout?


Singapore has ERP, we also have ETP, Enter The Party.

Sorry, it is Economic Transformation Programs, valued at RM1,400 billion.
  1. Government 8%
  2. GLC 32%
  3. Private sector 60%
Total GLC's

  1. Shareholders funds = RM140bil
  2. Debts = RM38 bil
  3. Market Cap = RM266 bil
  4. So, GLC has to come out in next 7/8 years RM454 bil investment.

MyView

The American call their spaceman astronauts, Russian call them cosmonouts, China called it taikonauts, we the Malaysian called it can or naut.

Well, mathematically it is hard to believe it is achievable. Unless someone can clarify how is it done? What about the software to operate the assets? Can or nout.

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