TONG Kooi Ong's The Edge, which had built a very solid reputation of definitely being able to, make or break a company, has placed itself in a box that now reads maybe can make or break a company.
TONG kooi Ong had picked a fight with the st
Sar which he knew 100 per cent he will win, did indeed win the battle but he lost the war.
HOW did he know, he will win? Well Tong's shares alone in the STAR was enough to kill off any resolutions where only the minority shareholders are allowed to vote. READ : The majority of minority shareholders voted in favour of the Star and Matang Bhd deal but Tong's vote killed it
BASICALLY, Tong won the battle, but lost the war despite the Edge going all out, and evenTong using his self crafted 1MDB crusader tag , failed to convince the majority of the minorities to vote against the deal failed.
WITH a mensa score of 180, and very proud of it too, I suspect that Tong had known in advance that the Edge's role in influencing the business community is not as strong as before.
TONG Kooi Ong has thrown some very obvious hints that he wants to get back to being the centre of attraction, which will no doubt be a booster for the Edge's mortality.
TONG Kooi Ong has used some very strong words such as he and his late wife were READ : forced to sell PhileoAlliedBank and were robbed of their shareholdings in the bank’s parent company
BOTH words, forced and robbed has criminal connotations to it, which is bound to come out when Anwar Ibrahim slugs it out with Tun Dr Mahathir . READ : The Prime Minister will answer Mahathir in court.
TONG's is for neither men, if what I suspect is correct, though he is banking on the slugfest to drag out Daim Zainuddin's role in the banking merger exercise as well as the strange decision to sell Pos Malaysia when Daim was on leave.
