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Another week ends and readers with busy schedules would have missed some of our more interesting stories. Have you seen these news, analyses and comments? You won’t get them anywhere else:
Pick 1 — A Splash-ing time. It’s been a perfect week for those of you who felt like singing in the rain. We took a cue from Mother Nature and focused on the battle between Splash and the Selangor state government. Splash remains the only water concessionaire yet to agree to a state takeover. We looked at Splash’s grounds for dispute; spoke to Wong Mun Keong, a director of The Sweetwater Alliance (a 30% shareholder of Splash) and considered the options available for Selangor Menteri Besar (MB) Khalid Ibrahim.
Pick 2 — A trick of The Star-light. One of the fun things about reading newspapers is the advertisements. One can never possibly imagine how creative they can get. The Star’s marketing team, as we discovered, has unknowingly been putting out full-page advertisements of the newspaper’s shrinking circulation numbers. In this article we hunt down the many dastardly acts of double counting.
Pick 3 — 50 shades of strategic. The word “strategic” is a strange animal. Many a sin has been committed by using its name in vain. When Sime Darby bought a stake in Eastern and Oriental some three years ago, it called it strategic. But now it is selling part of the stake – to retain existing management. What gives?
Pick 4 — The fine art of stalking stocks. In this new column, we lay out what should be considered about a stock if one mulls moving in or out, with the caveat let the buyer beware. Our take may be a little different from others but it does set out what others say too. That’s the rationale behind StockStalk – solid, reliable information and analysis based on which an informed decision can be made, packages in an easily readable format which is readily absorbed. Check it out for yourself.
Pick 5 — One step forward and two steps back. The Energy Commission has decided to award a combined gas turbine power plant called Project 4A via direct negotiations instead of the tried-and-tested open tender process. We appear to not have learnt anything from the harsh lessons of the past. Perhaps it is true that history keeps repeating itself ad infinitum. Follow the sorry trail of this electric tale here, here and finally here.
Pick 6 — And the award goes to … Our determination to stay objective and independent as well as firm resolve to report business news without fear or favour has reaped rewards. KiniBiz’s Chan Quan Min was named the NPC Online Journalist of the Year. Fellow KiniBiz journalist Kharie Hisyam had also been shortlisted in the same category.
We hope you have a splendid weekend catching up with all that we have to offer you. If you like what you see, follow us on Facebook here and on Twitter here to stay on the business news pulse with us.
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– Nesa Sivagnanam, Executive Editor
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