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Thursday, November 03, 2005

Charles Raj on Indian equity shares

Editor of Malaysian Business Charles Raj comment on Indian equity shares issue on the 1 November 2005 issue of Malaysian Business.

Charles Raj, an Indian, stated that " For the record, when Samy took over as MIC President in 1981, the equity share of of the Indians was close to 3%. Now even with tycoon T Ananda Krishnan's RM12.23billion, it has dropped to 1.5%. Who is to be blamed?"

His view point are coincidentally similar to my view point posted on 10 June 2005.

He also comment the performance of Maika Holdings Bhd.








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2 comments:

Anonymous said...

The statistics may not be a true accurate representation of the economic power of the indian community. Many of the fields they are strong in is not Bursa measurable.

However they are begining to show their strength in the field of share services (my ex co. over 70% of the workforce are indians)and business process outsourcing (my current co. have relocate their factory to india)

Peter said...

Hi Oneders,

Thank your of your sharing. Very informative. Actually this is the growing industry that will overtake other industry. Like Maxis, from no body to become the largest capitalise company in KLSe held by Non-GLC