THE New Straits Times Business section has an article out which states READ : The listing of Petronas could affect the future of some 150,000 people employed in the industry, according to Petronas president and group chief executive officer Tengku Muhammad Taufik Tengku Aziz.
THE paper does not explain to its readers, why a listing will affect the jobs of 150,000 people? Is it because, Petronas is being run inefficiently ?
Let's dance
Put on your red shoes and dance the blues
Let's dance
To the song they're playin' on the radio
Let's sway
While color lights up your face
OKAY , if you do not wish to list Petronas, how about a REIT on all the Government buildings in swanky Putrajaya and Cyberjaya which can bring in anywhere between RM600 billion to RM1 trillion in cash proceeds to the Government? READ : A Government REIT on the office space buildings it owns in Kuala Lumpur only could fetch more than the entire value of the KLSE' property index.
SO what is the Government doing about it? Nothing much apparently, apart from Anwar Ibrahim complaining every second he is on TV that the national debt is RM1.5 trillion.