18 May 2008

Grand Saga - Taman Mahkota residents disputes #2 - Buy Grand Saga.


One of the solution that could be implemented is for the state government to initiate purchase of Grand Saga shares from its current shareholders. I know that it could be difficult.

Another way is to initiate investigation on the disposal of Grand Saga shares by Selangor state-owned  Kumpulan Perangsang Selangor in 1999/2000.  I could not understand why KPS would dispose a cash cow then especially during recession. KPS used to own 42% of Grand Saga.

The state govt could also de-classify and make public any matters that are between Grand Saga and State government such as land requisition etc.
 
Just a thought!..

1 comment:

Anonymous said...

a good proposal. and yes, something smells fishy over the privatization of grand saga back then. since the new selangor government is digging for irregularity deals, they should really check this out.