Nooruladha’s Weblog


LITRAK agreement with government – OSA?
June 4, 2008, 3:44 am
Filed under: Uncategorized

2 possible reasons (that i can think off) as to why the capital reduction and cash distribution exercise by Litrak lately:

1. Change of government could force the concessionaires into the open, thus opening a can of worm. It could affect, or could not affect the earning. It surely will affect the hands behind the agreement.

2. Major share holder aka Gamuda might want to reap as much profit before this to happen.

3. Who is the people behind Gamuda? That is the path I am going to do next.

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