While MCA believes they can oust Guan Eng from Bagan...
I happened to joke recently about MCA, that it should get itself listed on Bursa Saham Malaysia, as a last resort. MCA has always been described as a 'Towkay' political party because of some Chinese successes in business as a result of political connections. However, it is increasingly seen as losing its relevance as a race-based party, just like Umno and MIC. But over the years, MCA has become financially strong, despite some setbacks when Multi-Purpose Holdings faced financial problems and needed some big names like Lee Loy Seng and Robert Kuok to provide confidence. Now MCA's assets, like The Star for instance, must be worth billions. Recently, following Najib's example, MCA on its own has been distributing Rm100 to senior members. Some claimed, even new senior members could apply to be members and get the Rm100! In other words, getting paid to be members. Well, just in case the GE 13 spells doom for the party politically, there is always the option to go public on our stock exchange! Alternatively, liquidation and distribution to members could mean a one-time windfall to them. Could this be an investment opportunity for new members?
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