According to FGVH’s prospectus as stated on page 32 (See attached), Sabah State government has issued an irrevocable undertakings letter dated 23 May 2012 and lock-up letter dated 28 May 2012 from the State Secretary Office of Sabah to subscribe for 182,407,575 IPO Shares offered as part of the Institutional Offering at the Institutional Price.
FGVH’s shares are expected to be listed on the main board of Bursa Malaysia Securities Bhd on 28th June 2012.
The UMNO led-BN government should grab this opportunity from this exercise to benefit the 55,000 SAS investors which for sure will also indirectly benefit the people of Sabah rather than let this opportunity be grabbed by other state governments which do not even possess any Felda oil palm lands at all. Most of the Felda downstream and palm oil business activities are in Sabah with more than 250,000 acres of oil palm plantations in Lahad Datu, Sabah alone.
For example, Gas Malaysia, is the country's sole natural gas supplier to the non-power sector, rose to a high of RM 2.52 before leveling off at RM2.42 on the first day of listing on 11, June 2012. Gas Malaysia Bhd opened at RM2.47, which was 27 sen above its offer price of RM2.20 when it made its debut on the Main Board of Bursa Malaysia on Monday and ended its first trading day at RM2.42, which was a premium of 22 sen above its offer price of RM2.20. SAS could easily benefit if they capture the opportunity from this exercise, Clement Lee said.
The UMNO led-BN government should make sure that SAS benefits from this IPO. Likewise, the management of SAS should also seize this opportunity to capitalize in this exercise. Otherwise SAS investment team which was appointed by UMNO led-BN government simply failed again in capturing a value investment!
The State Government has to inform the people of Sabah who will benefit from the 182,407,575 IPO shares offered to the Sabah State Government.
Felda IPO hanya untuk musa punya pocket. Mana dia peduli dengan kesusahan pelabur SAS.
ReplyDeleteMusa tunggulah balasan dari Rakyat!
Musa will win in this 13th GE. Take it or leave it.
DeleteYa, Datuk Musa will win.
Deletepeluang kemenangan BN sabah pada pru13 nanti adalah jauh lebih besar daripada pembangkang..
Deletekalau begitu kenapalah BN masih lagi takut bubar parlimen sekarang?
DeleteKejatuhan SAS bukan salah Musa Aman, siapa KM masa itu?
DeleteSiapa Pengarah2 SAS mana itu semasa SAS jatuh mendadak jika bukan orang umno?
DeleteKenapa harga SAS tidak pernah naik selama 15 tahun? Musa tidur dan makan gaji buta kah selama ini?
THIS IS A SET UP LIKE A SCAM-
DeleteBET YOU WILL SOON HEAR THAT THE MONEY HAS DISAPPEARED LIKE MANY PUBLIC COMPANY SCAMS
POOR SABAH WILL BE POORER BY A FEW HUNDRED THOUSAND HECTARES OF VALUABLE LAND...WHICH WILL END UP IN PRIVATE UMNO CRONY HANDS
SAPP masih lagi sibuk pasal SAS, mahu cuba tutup kesalahan diri.
ReplyDeleteSAPP sibuk mau buat isu yang mereka sendiri buat semata2 untuk menutup kesalahan sendiri.
DeleteSAPP pandai pusing fakta SAS, padahal mereka yang harus bertanggungjwab atas SAS.
Deletetiap kali dekat2 PRU mesti isu ni keluar. patut sudah selesai ni sekarang.
Deletebiasalah dekat2 pru...nanti selepas pru, diam tu SAPP..tengoklah..
Deleteinilah politik, tutup kesalahan sendiri untuk kenakan orang lain.
DeleteSiapa Pengarah2 SAS mana itu semasa SAS jatuh mendadak jika bukan orang umno?
DeleteKenapa harga SAS tidak pernah naik selama 15 tahun? Musa tidur dan makan gaji buta kah selama ini?
Kita sudah tahu apa sebenarnya yang terjadi, tidak payah cuba memperbodohkan rakyat.
ReplyDeleteKita pelabur SAS sudah tahu UMNO yang makan rasuah. Harga saham masih 30 sen selama 15 tahun disebabkan kaki pengampu UMNO yang bodoh.
DeleteAku sebagai pelabur SAS dan tahu UMNO ini mesti dihancurkan dalam pru13 ini sebab dengan kes makan rasuah SAS dan tidak dapat mengembalikan harga SAS ke harga asal selama 15 tahun nie.
ReplyDeleteUMNO bukan hanya makan rasuah tetapi makan gaji buta selama 15 tahun. Jahanam!
Ingat senang-senang mahu jatuhkan UMNO?
DeleteI think if felda IPO make money it will be in somebody's pocket. If felda listing make loss, it will be in SAS's account.
DeleteMusang bin tidak aman where got bother the poor SAS investors as long as his bank account filled with all the illegal money.
DeleteI could foresee too umno is finished in this GE13 under this cunning old fox musang bin tidak aman!
UMNO tetap akan menang pada PRU ini. Bukan senang mau mengalahkan UMNO. Stakat buat2 isu tanpa bukti, rakyat tidak akan percaya.
DeleteHanya pembelot akan sokong UMNO sebab mereka teda sifat kemanusiaan terhadap kesusahan orang2 Sabah.
DeleteUMNO akan hancur di Sabah dalam PRU13 sebab di semenanjung UMNO sudah hancur.
we wait and see...
Deletesusah mahu kasi jatuh kerajaan pada pru13 nanti...itu pembangkang pun masih binggung2..
DeleteBN masih kuat di Sabah, sekadar khabar angin sebegini tidak akan membaa apa-apa kesan.
DeleteSAPP jangan cuba nak berlagak hero.
DeleteKenapa harga SAS tidak pernah naik selama 15 tahun? Musa tidur dan makan gaji buta kah selama ini?
DeleteSAPP still want to talk about SAS? I think they must be something wrong with their brain. The SAS fall down because of YTL, and he is the one to be blame.
ReplyDeleteYa betul tu, sibuk SAPP cakap pasal SAS, padahal ketua mereka yang buat hal.
Deletekaki pengampu umno kerja kat SAS selama 14 tahun buat ape? makan gaji buta ke?
DeleteRasanya RCI untuk SAS perlu ditubuhkan juga kalau macam ni.
DeleteKertas Puteh diminta dikeluarkan oleh SAPP dalam dewan undangan negeri untuk menyiasat RASUAH umno dalam SAS tetapi musang bin tidak aman takut dan mahu melindungi kroni2nya dan takut kpd Kebenaran!
DeleteRCI untuk SAS?
DeleteSAS ni ada masalah teruk dulu masa YTL jadi KM.
DeleteSiapa Pengarah2 SAS mana itu semasa SAS jatuh mendadak jika bukan orang umno?
DeleteKenapa harga SAS tidak pernah naik selama 15 tahun? Musa tidur dan makan gaji buta kah selama ini?
SAS is getting better after Datuk Musa taking over the administration. Still keep on developing to be more better in the future.
ReplyDeleteSAS only 30 cents for the past 14 years that you called getting better and praise the most corrupted CM in Sabah?
DeleteAre you coming from ZOO NEGARA devy? hahahaha
only 30 cents?huh.maybe should make more effort to recover it.
Deletehttp://www.sahamsabah.com.my/ says it ALL.
DeleteUMNO makan rasuah with a team of rubbish in SAS.
usaha untuk memberikan yang terbaik kepada rakyat harus diteruskan.
DeleteDevy, SAS fiasco has happened 14 years ago lah. Are you still living in stone age?
ReplyDeleteToday is 2012 lah, what has your UMNO done to help the SAS for the past 14 years? NOTHING!
Your UMNO boss makan gaji buta kah in 14 years?
Musa should explain where is this 182,407,575 IPO shares went to? Musa's bank account kah?
ReplyDeleteMusa is richer before become a CM.
DeleteMusang bin tidak aman will get his ketulahan soon.
Deleteumno makan RASUAH. Semua orang tahu dan Allah pun tahu. Hanya iblis2 dari UMNO pura2 tidak tahu.
ReplyDeletePembangkang pun makan rasuah juga.
Deletepembangkang pun rasuah jg.. bagaimana Azmin boleh ada aset bernilai rm30 juta?
DeleteBiar perasuah akan mendapat hukumannya. kalau bukan di dunia, di akhirat nanti.
DeleteJika pembangkang makan rasuah, sudah kena ditangkap oleh agen2 umno dari MACC. Tetapi UMNO yang makan RASUAH, terus kes ditutup. Kamu tunggulah ketulahan nanti.
Deletelost of people are taking the bribe...
Deletemereka yang makan rasuah tetapi masih tiada tindakan undang-undang? Ini juga menyebabkan semakin banyak harimau besar di sana.
DeleteSiapa masih sokong UMNO yang rasuah, Kamu tunggu sajalah ketulahan akan ditimpa kepadamu nanti.
DeleteDon't worry, Naji will get rid of Musang soon.
ReplyDeleteSAS masih bernafas sehingga sekarang pun sudah cukup bagus.
ReplyDeleteMusang inject rm200 juta dalam SAS tapi harga SAS tidak pernah naik juga. Dimana sudah itu RM200 JUTA?
DeleteRakya tberhak tahu ke manakah perginya jumlah kewangan yang disalurkan untuk SAS?
DeleteItu rm200 juta sudah masuk bank swiss musang bin tidak aman ler
DeleteSAPP ni tiada isu lain kah?
ReplyDeleteSAS is still a long outstanding and unsolved issue by UMNO due to corruption. People have the right to know the Truth.
DeleteI will support SAPP this time to punish the UMNO culprits who cheated the Sabahans hard earned money!
Musa Aman will still lead the people.
ReplyDeleteMusa bin tidak aman will lead the Pendatang Haram terutama pakistan.
DeleteThere are some things you either have to accept or left alone…it will repeat itself in the next GE13.
ReplyDeleteChange is inevitable, wait and see what happens in the next coming election.
ReplyDeleteMusa is for the people of Sabah.
ReplyDeleteMusang bin tidak aman is for Pendatang Haram from Pakistan. Kenapa semakin kedai runcit di Sabah dimiliki oleh pendatang haram pakistan?
DeleteThe people need not to be troubled as we already know what is going to happen.
ReplyDeleteAction is better than mere words.
ReplyDeleteProtect and fight for the interest of the people.
ReplyDeleteDuring the Asian financial crisis in 1997, Malaysia lost RM 500 Billions , all the sahams also dropped in values, who should we blame?
ReplyDeleteIf this is the case, YTL also shouldn't be blame too, right?
DeleteCloe, Who is SAS Chairman during that time if not UMNO's pet? Why UMNO keep quiet on him? Is he makan gaji buta?
DeleteAnwar was Finance Minister and Mahatir is PM during the financial crisis. These two are answerable but not YTL.
ReplyDeleteSAS chairman from UMNO also responsible for the SAS downfall.
DeleteMusang bin tidak aman need to answer to all the SABAHANS why SAS price remained STAGNANT for the past 15 years?
ReplyDeleteMusa must be sleeping in his job and makan gaji BUTA!
Apa yang dibuat ini bukannya suka-suka dan sudah pasti sudah diteleti dengan sebaiknya. Maka kita tunggu apa perkembangan seterusnya mengenai perkara ini.
ReplyDeleteSAS tidak berkembang seperti yang dirancang. Harus juga mengambil langkah yang bijak sekarang.
ReplyDeleteDimana sudah itu 200 juta dilaburkan dalam SAS oleh Musang bin tidak aman dalam tahun 2008? Hilang sudah kah?
DeleteSapp cuba mainkan isu SAS ini lagi. namun isu ini akan menyusahkan mereka lagi.
ReplyDeleteAku sebagai pelabur SAS masih tunggu kebenaran.
DeleteAku berterima kasih kepada SAPP kerana berani menyuarakan RASUAH dalam SAS oleh UMNO.
Yong Teck Lee yang menyebabkan kejatuhan harga saham SAS demga berpakat sama adik angkatnya- Ambrose Lee.
Deletebila timbul isu SAS teringat pula dengan YTL. dulu masa dia jadi KM kan SAS mengalami masalah.
ReplyDeleteSiapa Pengarah2 SAS mana itu semasa SAS jatuh mendadak jika bukan orang umno?
DeleteKenapa harga SAS tidak pernah naik selama 15 tahun? Musa tidur dan makan gaji buta kah selama ini?
sibuk pasal SAS saja la SAPP sekarang.. cukup la satu kali saja cuci tangan.. kalau sudah kotor, tetap kotor juga tu..
ReplyDelete