Word is out!
Pm Najib is visiting Saudi Arabia for a 5 Day Official Visit
Najib on five-day working visit to Saudi Arabia
KUALA LUMPUR: Prime Minister Datuk Seri Najib Razak will make a working visit to Saudi Arabia from tomorrow until Jan 12, at the invitation of the Custodian of the Two Holy Mosques, King Salman Abdulaziz Al Saud.
The prime minister will be accompanied by his wife Datin Seri Rosmah Mansor and senior government officials from the Prime Minister’s Office, according to a statement from the Foreign Ministry.
Najib is scheduled to have an audience with His Majesty King Salman and His Royal Highness Crown Prince Mohammed bin Salman Abdulaziz Al Saud in Riyadh.
“The meetings…will provide them with the opportunity to discuss and exchange views on bilateral, multilateral, regional and international issues, particularly the follow-up actions on issues discussed and agreed upon during the historic state visit by King Salman to Malaysia in March last year,” the statement said.
They include issues related to economic cooperation, investment, haj matters and the establishment of the King Salman Centre for International Peace (KSCIP) in Putrajaya.
“These meetings are very timely as the special relationship between Malaysia and Saudi Arabia is at an all-time high. Certainly, the prime minister’s visit to Saudi Arabia will strengthen the bond of friendship between the two countries,” the Foreign Ministry said. –Bernama
Ha! Did you notice the phrase
“They include issues related to economic cooperation, investment”
What kinds of ECONOMIC COOPERATION & INVESTMENT?
Like Malaysia Saudi Arabia was hit by falling Oil Revenues & huge deficits
And did Saudi learnt from Malaysia in implementing GST?
And raised petrol prices.
Then like Malaysia’s BRIM Saudi also gave out 1,000 Riyals to civil servants.
Very interesting moves by Saudi. A mirror of what Malaysia is doing. And Saudi also followed Malaysia in cracking down corruption. Even Saudi princes were arrested.
So what’s next?
These could be on the agenda
SAUDI HAS PROMISED TO INVEST USD7 BILLIONS INTO PETRONAS’ RAPID.
And since Malaysia is now moving into downstream non oil investments will Saudi pump in more monies into Pengerang’s RAPID?
Petronas to grow non-fuel contribution to downstream business
KUALA LUMPUR: Petronas is looking to increase the non-fuel segment contribution to its downstream business this year, in line with most oil and gas companies worldwide, said its Vice President of Marketing Downstream, Datuk Seri Syed Zainal Abidin Syed Mohd Tahir.
The non-fuel segment’s contribution to the downstream business currently stands at 10 per cent.
“Everywhere in the world, in downstream retailing, people are already doing that (increasing non-fuel contribution) such as Shell, Esso and BP. We are trying to learn and we have done some (of that) here in Malaysia and it’s showing good success.
“Based on that lesson learned and experience, we want to expand that (non-fuel contribution) and we are going to do it smartly. It will require some time but we do have plans,” he told reporters after Petronas Dagangan Bhd’s prize presentation for its latest promotion campaign.
On the outlook for the downstream market this year, Syed Zainal Abidin said the market was projected to remain competitive as demand was expected to be subdued as more people had shifted towards public transportation such as the Mass Rapid Transit (MRT) and Light Rail Transit.
“Last year, the MRT came into play, so generally people tend to leave their cars in the suburbs and take the train to the city, thus cutting back on their overall long-distance travelling. This has impacted the oil and gas industry particularly the retail sector, and we believe this trend will continue this year.
“Cars nowadays (also) become more efficient such electric vehicles and energy-efficient vehicles, which means that fuel consumption will be lower for the same travel distance,” he said.
As a company, Syed Zainal Abidin said Petronas is now looking at different marketing and advertising programmes to ensure that demand can be sustained.
Meanwhile, on the campaign, Nur Firdaus Seet Abdullah and Muhammad Fauzan Mohamad Sallehhan bagged the grand prize of RM5,000 cash each while Aneei Jumarry Mohd Yusof was lucky to win a one-year supply of shoes from Zalora.
They were among eight winners who were celebrated at the prize giving ceremony for “The Only Game Where Everybody Wins” promotion campaign.
Again, what are down stream non – fuel products?
There are millions and millions of products made from oil like all the plastic toys in the world; all the clothes made from polymer; all the shoes, car dashboards, tooth past, plastic bags and what not.
All the plastic pet bottles! Billions of them all over the world.
All the Chemicals like ink and others
See how expensive lands were tenanted out in Jurong Island in Singapore Oil Refinery Clusters
MPHBCAP lands are perfect for Downstream O&G industries like storage for Chemicals made from Oil.
In Jurong Island, Singapore
They rent out industrial warehouses for 90 sen psf
Not sell but rent for 90 sen (Spore sen) or Rm2.70 per month!!!
HOW COULD MPHBCAP LANDS BE WORTH ONLY 82 PSF?
WHY RENT RM2.70 PSF FOR ONLY ONE MONTH?
WHEN WE BUY MPHBCAP’S LANDS FOR ONLY 90 SEN (Malaysia) or only 27 SEN (Spore)
So MPHBCAPITAL’s 1,800 Acres Prime Lands will see very good days ahead. The Land holding cost of Mphbcap’s 1,800 Acres Book Value are only a mere 82 sen psf.
SO MPHBCAPITAL WILL REAP A GOLDEN WINDFALL IN ANY ASSETS DISPOSAL.
Another possibility is the Listing of Saudi Aramco’s IPO – projected to be a whopping USD2 Trillions (About Rm8 Trillions).
Since Malaysia is launching TRX as a Financial Center will there be a Dual Listing in Malaysia for Saudi Aramco.
The Vast movements of Capital will increase income for Malaysia significantly. Just like London, New York, Shanghai, Hong Kong & Singapore are highly profitable Centers of Finance…. so will Malaysia turns into an Islamic Financial Center?
All these will also boost the Immense Asset Values of MphbCapital.
See photos of Pengerang (reposted)
Photos of Pengerang
Author: calvintaneng | Publish date:
Photo No. 1
The New Highway to Pengerang’s Rapid exiting from Bandar Penawar – Sg Renggit.
Notice the 2 lane road being upgraded to a 4 Lane Highway
Photo No. 3
Cars and motor bikes parked outside one of 2 Worksite Entrances in RAPID
A peak into RAPID now under construction. Dialogue, Toyo, Muhibbah, Gadang and many others are here working feverishly.
Photo. No 5
Traffic into Rapid is so heavy with lorries & jeeps that this guy (a nepali) acts as a guard for vehicular traffic.
Notice him holding a red flag and a green flag.
Upon inquiry about his pay he replied, “Alhamdullilah, my pay is Rm1,800 per month”
Amazing pay! Standing only from 9 to 5 daily holding 2 flags get paid Rm1,800.
Graduates with degrees back home in Nepal might only get half his salary.
With such high pay and purchasing power Rapid inhabitants will get very high salary.
A Mammoth Rm170 BILLIONS Infusion of Projects Will Propel this Region to be
“THE HOTTEST OF HOT SPOTS ON PLANET EARTH”
Note: Property Prices & Rental in Pengerang has Skyrocketed 500% to 1,000% since the launch of RAPID.
Old Wooden houses on less than 30 years leasehold lands in Sungei Rengit are sold for over Rm1.3 Millions Cash. About 5,000 sq ft or more than Rm200 psf.
Rental of IJM Land Seabana Cove Townhouse are between Rm5,000 to Rm6,000 a month.
In Taman Desaru Utama 2 Storey Shophouses originally sold for Rm300,000 now command an asking price of Rm1 Millions.
These prices are even higher than Nusajaya, the current Hot Spot in Iskandar.
No Where Else in Johor or Whole of Iskandar or even Singapore Now Grow at Such Fantastic Rate!
JCorp has offered to taken Kulim private at Rm4.10. Kulim is planning 2 pronged Invasion of Pengerang by 2 housing enclaves.
One from Tanjung Berlungkor from the West of Pengerang where Singapore ferry lands. Another one is the end of Kulai Desaru Highway.
None of these are comparable to MphbCap’s 1,800 Acres Super Prime Lands
Photo No. 6
SEE the Long Stretch of Highway in Pengerang – A 14 KILOMETER LONG COMPLEX FOR DOWNSTREAM OIL & GAS
All fenced up on the Right Is RAPID
Towards left at the 14 Kilometer Point is Palm Oil Plantations owned by MphbCapital
Here you are.
The 1,800 Acres Prime Oil Palm Plantations by MphbCapital.
See the Lush Oil Palm Trees Stretching all the way up the rolling hills in the distance.
Book Value is only 82 cents PSF.
8 kilometers away is Sg Renggit. Lands there now command a value of Rm100 psf to Rm200 psf.
These Lands Will Be of Immense Value for Dow Chemical, Phillips 66, Exxon Mobil & All Japanese Industrialists for all Oil & Gas Downstream activities!
No reporter has yet mentioned these facts.
You are among the first one to SEE this.
This is my 3rd Trip to Booming Pengerang
There is GREAT EXCITEMENT IN THE AIR.
Can YOU feel it?
Of the 1,800 Acres Lands Owned by MphbCapital
More than 1,000 ACRES ARE FREEHOLD, ABOUT 800 ACRES ARE LEASEHOLD. Almost all the Lands in Sungei Rengit, Bandar Penawar & Pengerang are Leasehold in title. Lands with Freehold Titles Are Rare.
Last time I SAW the potential of Perak Corp’s 1,000 Acres Lands near Lumut in Perak. So I called for a Strong Buy on Perak Corp at 60 cents with NTA over Rm2.00.
Few people bought Perak Corp then at 60 cents. Perak Corp later surged 600% to over Rm3.60 and “experts” have said that Perak Corp is still undervalue and opposed privatisation at Rm3.90.
Perak Corp only have Vale, Tongher & TNB in Lumut. MphbCap’s 1,800 Acres (80% more than Perak Corp’s lands in Lumut) are just beside the HUGE RAPID PETROLEUM REFINERY COMPLEX.
To Buy MphbCap at Rm1.37 is buying at 2 DEEP DISCOUNTS
1) Buying at 43% Discount to Rm2.38 Off Market Deal When MWE Disposed 4 million shares to Surin?
2) Buying MPHBCAPITAL LANDS IN PENGERANG AT ONLY 82 Cents Book Value.
This Is Pemgerang’s RAPID!