From UMNO and Govt Network, a Transport Charter Business Blossoms
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Show Notes
Gunung Capital Bhd Executive Chairman / CEO Dato' Syed Abu Hussin discusses:
- Path - civil service - UMNO politics - into the transport charter business;
- Mode of buying ‘transport’ assets’;
- APs 0 Connections;
- Five-year contract from the Ministry of Defence to supply buses to the National Service (NS) Program to December 2014;
- Mode of winning the project? Whether Open Tender;
- Declines in latest quarter - issues;
- Drivers - skills - motivation - mentality - remuneration;
- Vehicles - fleet size maintenance - running costs;
- Diesel costs;
- MoU with a Saudi Arabian company to jointly bid for a public bus project in Riyadh;
- Renewable energy - Gunung Hydropower Sdn Bhd;
- Property development - Gunung Land Sdn Bhd and Impresif Jitu Sdn Bhd, wholly owned subsidiaries;
- 2010 DS Anwar Ibrahim - Parliament - beneficiary of hundreds of millions of ringgit from the Ministry of Defense - won 90 per cent of the contracts from Mindef since 2008 - answer;
- Govt jobs - reliance - regime change - elections;
- Consistently increasing - stake in Gunung - whether bidding war with (other majorowner) Low Bok Tek.
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