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Friday, January 27, 2012

Neo-liberals and neo-feudal masters threat to Johor


Rocky described the subject of Big Dog's unusually restrained revelation in his latest posting, "Serving the neo-economic masters" as the ghost of Johor. Read Rocky Bru here.

Most people have never met or seen ghost but many believe ghost exist as a powerful supernatural being. But such supernatural being can only be powerful if one is afraid and believe that beings from different mediums can exist and exert devastating powers in our environment.

Not only has the supernatural being made his writing cryptic, royalist Big Dog was suddenly writing about economic slavery. Earlier in his January 6th, posting, "Leading the laden", he touched on the subject of feudalism, neo-feudalism.

All these in the midst of our battle against those unproductive and destructive young neo-liberals creeping into Johor Corporation?

"Serving the neo-economic masters" tie in with two pieces written here on Johor in January; one entitled Did KPRJ's Johar Salim opposed MACC investigation on IIB and another Meow meow for Big Cat ... still on Johor.

By the way, Big Cat, having vent out our 15 years of frustration, we are alright. Rather than Khaled Nordin or Razali Ibrahim or Osman Sapian, Gani is a far better choice of MB.

The focus of Big Dog's latest posting is Dato Lim Kang Hoo and his phenomenal business plan and expansion.

It traces back to a company written before in this blog, Tebrau Teguh Berhad (TTB). TTB is owned by Kumpulan Perasarana Rakyat Johor (KPRJ) and the current CEO is KPRJ's CEO, Dato' Johar Salim.


IIB, Johor Waterfront, and Iskandar Coast (Khazanah) have strategic parcels of land targeted to be injected into TTB. There are some state government owned premium land parcels all over JB city limits planned to be injected into TTB.

Lim Kam Hoo is the owner and Executive Chairman of Ekovest Bhd. He had used his Danga Bay projects to be injected into TTB to increase his presence and be a more strategic player in the state-KPRJ company and the Johor property game.

The 'property belt' of sothern Johor of JB-Iskandar Malaysia stretches the 'East-West' from Tanjung Langsat/Pasir Gudang in the east all the way to Tanjung Pelepas in the west province and Johor Baru Central Business District (CBD).

JB 'CBD revitalisation' is a program where the Johor State Government plan to consolidate all state goverment's land parcels under into a single basket.


Although it is a state project, it has come under Lim Kang Hoo's radar scope and game. He has proposed Knusford Berhad to be the proposed vehicle for the exercise. Knusford business is modelled to emulate the likes of Gamuda, Killinghall and Antah.

Part of the gameplan is to flip some of the land parcels consolidated under TTB, to Singaporean property developers such as Peter Lim with Knusford having temporary and intermediary presence.

There is already a precedent project as in the TNB land in Stulang Laut, recently flipped to Peter Lim where Lim Kang Hoo played the 'middle-man' game. Read Rocky Bru's posting dated November 11th here that first break all these ghost stories.

Lim Kang Hoo happens to be the Executive Director of Knusford.

Lim Kang Hoo had involvement with MRCB in the JB Eastern Dispersal Link which passed the doorsteps of a certain ghostly addressed. That gave the opportunity for occupant to know Dato' Zaki Zahid closer.


Lim Kang Ho convinced the ghost for the appointment of Zaki Zahid into JCorp, via Damansara Realty and Kulim. Part of strategic parcels owned by JCorp Group is in JB CBD.

Zaki is the Tingkat 4 supremo that hides behind his neo-liberal ideology to justify, without any sense of guilt and remorse, his wreckage and plunder of the economic infrastructure build over decades since independence.

Zaki will obligingly help inject those JCorp lands into TTB and eventually flipped it to investors. It will mostly for the Singaporeans, again.

Soon, Johor will the killing field for big corporate exercise game.

Any stock punters looking for a tip can look at Tebrau Teguh and Knusford. These counters never need to raise capital, or invest and sustain any business, and become money churner as the intermediary PLC to flip properties over to Singaporeans.

Caveat emptor. Punters beware.

Make take the money and run. Do not expect handsome dividends or stock bonuses or splits. The company could be making money, lots of money but it might conveniently sip out to satisfy some ghastly greed.

How come Lim Kang Hoo could pursue such massive and unobstructed plundering without others' competitive presence?

It seems all the leads points to the sands at the end of the rainbow.



- Another Brick in the Wall

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