No Dividends From Bank Rakyat So Far. Media Please Call And Ask Bank Rakyat What Is Going On.

Recall a few weeks back I blogged that Bank Rakyat has not yet declared any dividends (for FYE 2016??)   

Well it is now 28th April 2017 and still no dividends have been declared by Bank Rakyat.

Considering that Bank Rakyat has been consistently declaring DOUBLE DIGIT dividends for so many years, obviously something is not very right in Bank Rakyat.

A friend of mine (a Dato and a CEO of a GLC) sent me this sms :

"Bank Rakyat is still silent about 2016 dividends. You blogged about this earlier I believe. Its already almost May. Last year they paid out at end March. Year 2016 closed four months ago! Apa cerita? Ada skandal ke?"

I also checked with the other person who first warned me about Bank Rakyat  not paying dividends. He also said, "Memang tak ada".

So Bank Rakyat, sila jawab? 

Ada skandal ke? 

Pasai apa belum ada dividen lagi? 

Duit pi mana?

And please declare real dividends ok. 

Kita tak boleh ikut style Ponzi Scheme. 

Atau Pak Man Thelo.

Media people - call Bank Rakyat lah. 

Ask them what is going on. 

Why no dividends so far?

Why the big delay? This is end April already.

What is going on?

Media people - also call Khazanah Nasional and Malaysian Airport Holdings Bhd. 

Talk is they have made big losses in their airport operations in Turkey.

They are using their "monopoly" profits in Malaysia to cover the huge losses suffered in their Turkey operations.    

Remember Sime Darby losing about RM800 million in Qatar or somewhere not too long ago?

Tiap kali depa pi niaga ke negeri padang pasir, depa mesti kena liwat habis.  

In the long run, they all get liwatted.