Berhati-hati merancang pelaburan, kata Johari

Free Malaysia Today

Johari Ghani (BN-Titiwangsa) memberi amaran terhadap kesan buruk keputusan ‘u-turn’ terhadap pasaran modal.    Read More: https://www.freemalaysiatoday.com/category/nation/2023/10/09/govt-investment-u-turns-will-shake-public-confidence-johari-warns/  Free Malaysia Today is an independent, bi-lingual news portal with a focus on Malaysian current affairs.    Subscribe to our channel - http://bit.ly/2Qo08ry   ------------------------------------------------------------------------------------------------------------------------------------------------------ Check us out at https://www.freemalaysiatoday.com Follow FMT on Facebook: http://bit.ly/2Rn6xEV Follow FMT on Dailymotion: https://bit.ly/2WGITHM Follow FMT on Twitter: http://bit.ly/2OCwH8a  Follow FMT on Instagram: https://bit.ly/2OKJbc6 Follow FMT on TikTok : https://bit.ly/3cpbWKK Follow FMT Telegram - https://bit.ly/2VUfOrv Follow FMT LinkedIn - https://bit.ly/3B1e8lN Follow FMT Lifestyle on Instagram: https://bit.ly/39dBDbe ------------------------------------------------------------------------------------------------------------------------------------------------------ Download FMT News App: Google Play – http://bit.ly/2YSuV46 App Store – https://apple.co/2HNH7gZ Huawei AppGallery - https://bit.ly/2D2OpNP  #BeritaFMT #JohariGhani #Pelaburan

Transcript

00:00 It's normal to sell and buy, because we are public funds.

00:04 PNB sells and buys shares is normal.

00:07 I'll give you an example.

00:09 PNB sells equity holdings in a chemical company in Malaysia in November 2020.

00:14 It sells to its partner.

00:16 It gets profit and then invests it back in another company.

00:20 But the profit it gets is dividends.

00:23 So selling and buying is normal.

00:27 For example, Bosted has also sold.

00:29 In March 2019, it sold Royal Culan Bukit Bintang Hotel to investors in Singapore.

00:37 Then it collected money.

00:38 Why?

00:39 The hotel was at a loss.

00:41 So it left and looked for another asset.

00:43 Because we are public funds to invest.

00:47 But if we have a lot of funds,

00:49 every time we buy and save,

00:51 we don't know how to manage the loss,

00:53 and we can't even sell it.

00:55 In the long run, the government will end up owning all these assets that are not profitable.

01:00 If our government has 1.5 trillion cash,

01:05 it's okay, it's 1.5 trillion in debt.

01:07 So I think our priority is to get it right.

01:10 So if something is not in line with the suggestion,

01:14 don't make an announcement first.

01:16 When you make an announcement,

01:17 the investors will agree,

01:21 and give a positive reaction.

01:23 Then we reverse it.

01:24 This is why people are not confident in our capital market.

01:28 The market has already fallen.

01:30 It has fallen from 1,800 to 1,419.

01:36 We have to create this confidence.

01:38 Because the capital market is very important for our business in the country,

01:43 to raise capital in the capital market.

01:45 But if people are not confident in the capital market, it's bad.

01:49 So that's all.

01:51 Thank you.

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