Finance, Forex and Investments

malaysian maika company could have made rm 400,000,000?

COME, LORD JESUS, ================ SOME 30 YEARS AGO THE MALAYSIAN INDIAN CONGRESS ASK MALAYSIAN INDIANS TO INVEST IN MAIKA COMPANY. SO FROM THE 2,000,000 INDIANS ABOUT RM 100,000,000 WAS COLLECTED. THESE MONEY WAS INVESTED IN INSURANCE, LAND AND OTHER THINGS. BECAUSE TOO MANY COOKS SPOIL THE FOOD MAIKA ENDED UP IN DEBTS. IF MIC LEADERS HAVE INVESTED THOSE RM 100 MILLION IN BANK RAAYAT AT INTEREST RATE OF 10% THEY COULD HAVE MADE RM 10,000,000 PER YEAR. IN 30 YEARS THEY COULD HAVE MADE ABOUT RM 300,000,000. HENCE, COMBINE THE RM 100 MILLION AND INTERSET OF RM 300 MILLION IT WILL COME TO RM 400,000,000 PRECISELY. ONE BITTER LESSON WE LEARN FROM MAIKA MISMANAGEMENT IS THAT IF YOU DO NOT KNOW ABOUT BUSINESS THEN PLEASE PUT THE MONEY IN FIXED DEPOSIT BOX. YOU WOULD HAVE GOT 10% INTEREST OR MORE BY SIGNING AN AGREEMENT WITH BANK RAAYAT IN 1980. AS FOR THE MALAYSIAN CHINESE ASSOCIATION OR MCA WELL BUSINESS IS IN THEIR BLOOD. MCA COMPANY IS NOW WORTH RM 2,000,000,000 ON THE MALAYSIAN STOCK MARKET? FINALLY, MALAYSIAN INDIANS SHOULD STICK TO COMPUTER REVOLULATION BECAUSE IT IS A GIFT FROM GOD. TIME MAGAZINE ONCE SAID AMERICAN ARE ADDICTED TO COMPUTER BUT THE INDIANS CONTROL THE COMPUTER? MIC SHOULD ASK ALL MALAYSIAN INDIANS TO COME UP WITH BILLIONS OF SOFTWARES THAT CAN PRODUCE BILLIONS OF DOLLARS. HOTMAIL WAS PRODUCE BY BHATIA FROM BANGALOW INDIA AND MICROSOFT PAID HIM US 400 MILLION BUT THE MARKET PRICE WAS US$ 6 BILLION DOLLARS. WHERE ARE YOUR CONSULTANTS? MR. SABEER BHATIA AND MR. JACK SMITH FOUNDED HOTMAIL AND TODAY IT HAS ABOUT 360,000,000 MEMBERS WORLDWIDE. MAIKA HOLDING HAS NOW BEEN TAKEN OVER BY GTEAM COMPANY. G Team, incorporated on Jan 29, 2010 has a paid-up capital of RM2 and is 50% owned by Westports Malaysia Sdn Bhd executive chairman Tan Sri G. Gnanalingam while the other half is owned by Datuk S. Kunasingam, executive director of HSS Integrated Sdn Bhd. IT IS A GOOD IDEA IF CHAIRMAN TAN SRI G. GNANALINGAM COULD USE THE RM 100 MILLION AND INVEST IN "MALAYSIAN SCHOOL OF NETWORKING" BECAUSE MALAYSIAN INDIAN WORKERS WILL HAVE RM 200 IN THIER POCKET PER DAY BY VISITING HOUSES AND REPAIRING COMPUTERS. IN ONE MONTH IT WILL COME TO RM 6,000. IN ONE YEARS IT WILL COME TO RM 72,000. IN 10 YEARS IT WILL COME TO RM 720,000 IN 30 YEARS IT WILL COME TO RM 2,160,000 BY THE TIME THOSE MALAYSIAN INDIAN WORKER RETIRE AT 50 YEARS OLD THEY WOULD HAVE IN THE BANK ACCOUNT RM 2,000,000. IN SIMPLE ENGLISH ALL MALAYSIAN INDIANS ARE MILLIONAIRES?????????? THANK YOU. GOD BLESS MALAYSIA. MR. ROBIN DONALD. KUALA LUMPUR, MALAYSIA. DATE: 21ST, JUNE, 2010. Maika’s end-2008 accumulated losses at RM106.7mil http://biz.thestar.com.my/news/story.asp?file=/2010/6/3/business/6390687&sec=business MAIKA http://search.yahoo.com/search;_ylt=AuqCt8VKrj0Bwj7GCWUOV1WbvZx4?vc=&fp_ip=my&p=MAIKA&toggle=1&cop=mss&ei=UTF-8&fr=yfp-t-701 G. Gnanalingam http://en.wikipedia.org/wiki/G._Gnanalingam Hotmail http://en.wikipedia.org/wiki/Hotmail Sabeer Bhatia (BlogEverywhere) http://www.youtube.com/watch?v=HIaODX8jMZ4 Bill Gates House on Google Earth http://www.youtube.com/watch?v=m6nuNPJ16dE&feature=related http://www.youtube.com/watch?v=HIaODX8jMZ4

Public Comments

1. err what was the question again?
2. i dont know about the figures. all i know is its a great big loss for those who invested in it.
3. not you again...you're completely nuts!!!