By al-Din on October 29, 2009 7:17 AM
The Malay dilemma. Governance. Corporate foul-ups of the highest order. Banyak musang berbulu ayam hitam. Many thorns in the flesh to be unpricked.
Who was the megalomaniac responsible putting together Guthrie, Golden Hope and Sime Darby. It flip-plopped from Synergy to Sime Darby. The three agriculture (mainly) based entities were on strong foundation and already giant enough to be efficient and chart their own ways. Put them together makes too bulky for good governance and fast decisions.
Whose idea is it that FELDA, FELCRA, and RISDA be put together. FELDA was (before Synergy-Sime Darby) the largest oil palm conglomerate. The three entities have somewhat different functions and responsibilities. Putting them together will cause confusion in foci and hence less efficient. What they can do is to fine tune for further improvements.
Size does matters but being over-sized? We hear none from the big-shots in the agriculture sector on this mega-mergers. They are just go-along gang, jaga periok nasi, or their voices muddled. Maybe I am wrong.
In-depth and comprehensive studies should be for such changes. There is no need to hurry to avoid costly mistakes. What is the hidden agenda?
Or we can just follow the leader, mumble and jumble our way. And you know who was the greatest mumbler of all!
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