Did you hear about Halim Saad and his lawyer Abdul Rashid Manaf teaming up to buy over a 30 per cent stake in CN Asia Bhd? You heard right. The deal's going down next week, I was told.
A younger Halim
If all goes as planned CN Asia will become the second national oil company with focus on overseas assets.
Halim is on a hot streak, having helped Sumatec Resources become the first PN17 firm to have a RM1bil market capitalisation while Rashid Manaf took over Focal Aims Bhd in preparation to help Tan Sri Liew knockout the salarymen at PNB and SP Setia.
Both Halim and Rash Manaf are veterans. Instead of taking it easy in their twilight years, these old guards have become flag carriers (again). Question is, where are the young guns?
Who killed the young Malay entrepereneurs? Khazanah Nasional? PNB? Can't be the DAP ...
To be cont'd ...