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        <title>Lowyat.NET: Latest topics by blek</title>
        <description></description>
        <link>http://forum.lowyat.net/</link>
        <lastBuildDate>Fri, 01 May 2026 16:27:24 +0800</lastBuildDate>
        <generator>FeedCreator 1.7.2</generator>
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            <title>come see pretty minachi. damn chio</title>
            <link>http://forum.lowyat.net/topic/5562568</link>
            <description>&lt;div class=&quot;social-embed video-embed&quot; style=&quot;position:relative;padding-bottom:50.25%;height:0;overflow:hidden;max-width:100%&quot;&gt;&lt;iframe style=&quot;position:absolute;top:0;left:0;width:100%;height:100%&quot; src=&quot;https://www.youtube.com/embed/mF-dzpFnLaA&quot; frameborder=&quot;0&quot; sandbox=&quot;allow-scripts allow-same-origin allow-popups allow-forms&quot; referrerpolicy=&quot;strict-origin-when-cross-origin&quot; allowfullscreen&gt;&lt;/iframe&gt;&lt;/div&gt;</description>
            <author>blek</author>
            <category>Kopitiam</category>
            <pubDate>Fri, 24 Apr 2026 22:46:54 +0800</pubDate>
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            <title>S*unway abort ijm purchase</title>
            <link>http://forum.lowyat.net/topic/5560868</link>
            <description>&lt;a href='https://www.forbes.com/sites/yessarrosendar/2026/04/07/malaysian-billionaire-jeffrey-cheahs-sunway-walks-away-from-28-billion-ijm-bid/' target='_blank'&gt;https://www.forbes.com/sites/yessarrosendar...illion-ijm-bid/&lt;/a&gt;&lt;br /&gt;&lt;br /&gt;&lt;!--QuoteBegin--&gt;&lt;div class='quotetop'&gt;QUOTE&lt;/div&gt;&lt;div class='quotemain'&gt;&lt;!--QuoteEBegin--&gt;&lt;br /&gt;Sunway—the flagship company of Malaysian billionaire Jeffrey Cheah—abandoned its 11 billion ringgit (&amp;#036;2.8 billion) bid to take over IJM Corp. after failing to get enough support from the construction company’s shareholders.&lt;br /&gt;&lt;br /&gt;The real estate-to-healthcare conglomerate received acceptances for 1.18 million IJM shares, about 33.4% of the company’s outstanding shares, at the close of the offer on Monday, Kuala Lumpur-based IJM said in a regulatory filing. That’s well below the 50% stake threshold required for the offer to proceed.&lt;br /&gt;&lt;br /&gt;“We respect the decision of IJM shareholders and the outcome of the process,” Sunway said in a separate statement. “In any transaction of this scale, differing perspectives are natural, and we acknowledge the robust public discourse that has accompanied the offer.”&lt;br /&gt;&lt;br /&gt;Since Sunway announced the bid in January, the company has faced setbacks. Last month, IJM’s board recommended investors reject the 3.15 ringgit per share offer, which was deemed well below fair value. Malaysian state-linked investor Permodalan Nasional Bhd, which holds a 13.5% stake in IJM, rejected the offer.&lt;br /&gt;&lt;br /&gt;Permodalan Nasional Bhd&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;Asia&lt;br /&gt;Malaysian Billionaire Jeffrey Cheah’s Sunway Walks Away From &amp;#036;2.8 Billion IJM Bid&lt;br /&gt;ByYessar Rosendar,Forbes Staff. I write about Asia&amp;#39;s richest, fast-growing businesses, and startups.&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;Follow Author&lt;br /&gt;Apr 07, 2026, 12:21am EDT&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;JeffreyCheah&lt;br /&gt;Jeffrey Cheah, founder and executive chairman of Sunway.&lt;br /&gt;Ian Teh for Forbes Asia&lt;br /&gt;Sunway—the flagship company of Malaysian billionaire Jeffrey Cheah—abandoned its 11 billion ringgit (&amp;#036;2.8 billion) bid to take over IJM Corp. after failing to get enough support from the construction company’s shareholders.&lt;br /&gt;&lt;br /&gt;The real estate-to-healthcare conglomerate received acceptances for 1.18 million IJM shares, about 33.4% of the company’s outstanding shares, at the close of the offer on Monday, Kuala Lumpur-based IJM said in a regulatory filing. That’s well below the 50% stake threshold required for the offer to proceed.&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;“We respect the decision of IJM shareholders and the outcome of the process,” Sunway said in a separate statement. “In any transaction of this scale, differing perspectives are natural, and we acknowledge the robust public discourse that has accompanied the offer.”&lt;br /&gt;&lt;br /&gt;Frase By Forbes&lt;br /&gt;Since Sunway announced the bid in January, the company has faced setbacks. Last month, IJM’s board recommended investors reject the 3.15 ringgit per share offer, which was deemed well below fair value. Malaysian state-linked investor Permodalan Nasional Bhd, which holds a 13.5% stake in IJM, rejected the offer.&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;“With the offer now concluded, IJM moves forward with resolve, executing an enhanced strategy to deliver the value of its portfolio across the Group’s core businesses,” Lee Chun Fai, group CEO &amp;amp; managing director of IJM said in a separate statement.&lt;br /&gt;&lt;br /&gt;The proposed deal would have created a group with 57.8 billion ringgit in assets, ranking among Malaysia’s largest property and construction companies. IJM shares fell as much as 3% in Tuesday morning trading in Kuala Lumpur, while those of Sunway were flat.&lt;br /&gt;&lt;!--QuoteEnd--&gt;&lt;/div&gt;&lt;!--QuoteEEnd--&gt;</description>
            <author>blek</author>
            <category>Kopitiam</category>
            <pubDate>Thu, 09 Apr 2026 12:27:44 +0800</pubDate>
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            <title>Go KTV want touch girl nene must pay &amp;#036;</title>
            <link>http://forum.lowyat.net/topic/5558232</link>
            <description>[fb]https://www.facebook.com/reel/938796191940836/?referral_source=external_deeplink&amp;amp;original_uri=https://www.facebook.com/share/r/18P2KyemT5/[/fb]</description>
            <author>blek</author>
            <category>Kopitiam</category>
            <pubDate>Sun, 15 Mar 2026 12:23:07 +0800</pubDate>
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            <title>Which KTV is this in Klang?</title>
            <link>http://forum.lowyat.net/topic/5557965</link>
            <description>[fb]https://www.facebook.com/reel/1270940908433326/?referral_source=external_deeplink[/fb]&lt;br /&gt;&lt;br /&gt;Quality macam 👍👍👍</description>
            <author>blek</author>
            <category>Kopitiam</category>
            <pubDate>Thu, 12 Mar 2026 16:22:45 +0800</pubDate>
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            <title>Vietmoi teach you eat duck egg</title>
            <link>http://forum.lowyat.net/topic/5557898</link>
            <description>[fb]https://m.facebook.com/watch/?v=1297878962244464&amp;amp;vanity=rong.er.986882[/fb]</description>
            <author>blek</author>
            <category>Kopitiam</category>
            <pubDate>Wed, 11 Mar 2026 22:36:50 +0800</pubDate>
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            <title>suspicious transfer, how to check?</title>
            <link>http://forum.lowyat.net/topic/5557658</link>
            <description>i check my transaction history and notice a few hundred was transfer to this &lt;br /&gt;MANAGEPAY SERVICE SDN BHD&lt;br /&gt;&lt;br /&gt;i forgot where i spend this money. where can check where i spend this money?&lt;br /&gt;i only have the payment reference&lt;br /&gt;&lt;br /&gt;edit: sorry its my motor insurance</description>
            <author>blek</author>
            <category>Kopitiam</category>
            <pubDate>Mon, 09 Mar 2026 23:12:29 +0800</pubDate>
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            <title>WW3 coming, US want alies to</title>
            <link>http://forum.lowyat.net/topic/5557459</link>
            <description>[YOUTUBE]oetV-V_tLtI?si=rd1QF1_jo4NrbjPN[/YOUTUBE]&lt;br /&gt;&lt;br /&gt;US want its alies be prepare and arm themselve</description>
            <author>blek</author>
            <category>Kopitiam</category>
            <pubDate>Sun, 08 Mar 2026 09:49:08 +0800</pubDate>
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            <title>Indian + alcohol= problem</title>
            <link>http://forum.lowyat.net/topic/5556666</link>
            <description>[fb]https://www.facebook.com/reel/1421051846151430/?referral_source=external_deeplink[/fb]</description>
            <author>blek</author>
            <category>Kopitiam</category>
            <pubDate>Sun, 01 Mar 2026 15:08:26 +0800</pubDate>
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            <title>why EV dont have GB?</title>
            <link>http://forum.lowyat.net/topic/5556393</link>
            <description>conventional ice car tansfer combustion into small light gear to move the car following by shifting up bigger gear for speed.&lt;br /&gt;&lt;br /&gt;why cant EV transfer electric motor movement into gear to improve range? this way electric motor consume less electric</description>
            <author>blek</author>
            <category>Kopitiam</category>
            <pubDate>Thu, 26 Feb 2026 21:55:08 +0800</pubDate>
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            <title>watch bee keeper free</title>
            <link>http://forum.lowyat.net/topic/5555428</link>
            <description>[YOUTUBE]ecSEqwsF3ZM?si=gS5_uE36w_9MB2Wu[/YOUTUBE]&lt;br /&gt;&lt;br /&gt;Jason Statham film some good movie.</description>
            <author>blek</author>
            <category>Kopitiam</category>
            <pubDate>Sun, 15 Feb 2026 22:12:37 +0800</pubDate>
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        <item>
            <title>Why so many ppl rebut ijm?</title>
            <link>http://forum.lowyat.net/topic/5553382</link>
            <description>[FB]https://www.facebook.com/story.php?story_fbid=869654166043510&amp;amp;id=100089968020921[/FB]&lt;br /&gt;&lt;br /&gt;&lt;!--SPOILER BEGIN--&gt;&lt;div class=&quot;spoilertop&quot; onClick=&quot;openClose('2c3473485b43df597aaa4c77d2fe01aa')&quot; style=&quot;font-weight: bold&quot;&gt;&lt;u&gt;&amp;raquo; Click to show Spoiler - click again to hide... &amp;laquo;&lt;/u&gt;&lt;/div&gt;&lt;div class=&quot;spoilermain&quot; id=&quot;2c3473485b43df597aaa4c77d2fe01aa&quot; style=&quot;display:none&quot;&gt;&lt;!--SPOILER END--&gt;&lt;br /&gt;【🍿Another plot twist&amp;#33; IJM becomes the &amp;quot;ultimate bride&amp;quot;?】 Sunway thought it was a sure thing, but YTL, UEM, and Sarawak conglomerates have all jumped in to &amp;quot;steal the bride&amp;quot;&amp;#33;&lt;br /&gt;&lt;br /&gt;If you thought IJM would become an &amp;quot;unwanted bride&amp;quot; after being embroiled in a RM2.5 billion money laundering case, you&amp;#39;re sorely mistaken&amp;#33;&lt;br /&gt;&lt;br /&gt;It was initially thought that after Sunway announced the acquisition, coupled with the MACC&amp;#39;s (Malaysian Anti-Corruption Commission) surprise inspection, this deal would end in a &amp;quot;Potong Stim&amp;quot; (a slang term for a hasty, impulsive, sale).&lt;br /&gt;&lt;br /&gt;However, the latest plot twist shows: IJM is becoming increasingly attractive&amp;#33; Now it&amp;#39;s not just Sunway playing the game; at least 3 to 4 top conglomerates are lining up to &amp;quot;propose&amp;quot; to it&amp;#33;&lt;br /&gt;&lt;br /&gt;👰 Who&amp;#39;s lining up to &amp;quot;steal the bride&amp;quot;?&lt;br /&gt;&lt;br /&gt; According to the latest revelations, the big players eyeing the lucrative IJM acquisition are all formidable entities:&lt;br /&gt;&lt;br /&gt;1. The top suitor: Sunway Berhad&lt;br /&gt;Attitude: &amp;quot;I don&amp;#39;t care, I&amp;#39;m going to take it&amp;#33;&amp;quot;&lt;br /&gt;Despite the money laundering scandal, Sunway&amp;#39;s official response is: the acquisition plan is on track&amp;#33; They show no intention of withdrawing their RM11 billion offer – truly a testament to their commitment.&lt;br /&gt;&lt;br /&gt;2. Borneo: A powerful conglomerate led by the Sarawak government&lt;br /&gt;Background: East Malaysia is currently incredibly wealthy; their involvement would be driven by &amp;quot;oil money.&amp;quot;&lt;br /&gt;&lt;br /&gt;3. YTL Corp (YoTL Corporation) – Another major player in the Malaysian stock market&lt;br /&gt;Strength: If YTL makes a move, it would be a classic &amp;quot;battle of titans.&amp;quot;&lt;br /&gt;&lt;br /&gt;4. Representative of state-owned enterprises: UEM Group (a subsidiary of Khazanah Nasional)&lt;br /&gt;Motive: It&amp;#39;s rumored that some are requesting UEM&amp;#39;s involvement to &amp;quot;protect Bumiputera rights&amp;quot; and prevent IJM from falling into the hands of a purely private conglomerate.  This is a classic example of playing the &amp;quot;national interest&amp;quot; card.&lt;br /&gt;&lt;br /&gt;5. The Asset-Hunting Hunter: AFA Group (Tan Sri Azmi)&lt;br /&gt;&lt;br /&gt;Target: He may not want to marry the whole person, but only wants to buy IJM&amp;#39;s toll highway assets.&lt;br /&gt;&lt;br /&gt;🏛️ The real &amp;quot;kingmaker&amp;quot; has made his move: EPF&amp;#39;s brilliant maneuver&amp;#33;&lt;br /&gt;&lt;br /&gt;Pay attention to a super crucial data change; this is the most terrifying detail&amp;#33;&lt;br /&gt;&lt;br /&gt;While everyone was busy watching the news about the MACC investigation, IJM&amp;#39;s largest shareholder, EPF (Employees Provident Fund), was quietly &amp;quot;shopping spree&amp;quot;&amp;#33;&lt;br /&gt;&lt;br /&gt; Original Shareholding: 18.17% (December 2024)&lt;br /&gt;Latest Shareholding: 29.12% (January 19, 2026)&lt;br /&gt;&lt;br /&gt;Nic&amp;#39;s Interpretation:&lt;br /&gt;&lt;br /&gt;EPF&amp;#39;s aggressive increase in holdings at this time, pushing its stake to nearly 30%, can only be explained strategically in two ways:&lt;br /&gt;&lt;br /&gt;1. Defensive Wall: EPF now holds absolute power. Sunway wants to privatize IJM? They&amp;#39;ll have to get EPF&amp;#39;s approval first.&lt;br /&gt;&lt;br /&gt;2. Valuation Play: EPF knows there are other players like YTL and UEM vying for the stake. Acquiring at a low price now means whoever bids the highest will be the biggest winner.&lt;br /&gt;&lt;br /&gt;🏗️ Why Does Everyone Want to Leave a &amp;quot;Moil&amp;quot;?&lt;br /&gt;&lt;br /&gt;Many people don&amp;#39;t understand. Wasn&amp;#39;t IJM investigated for RM2.5 billion money laundering? Why are these big players still fighting over it?&lt;br /&gt;&lt;br /&gt; 1. Crisis = Discount&lt;br /&gt;&lt;br /&gt;Business tycoons focus on assets, not emotions.&lt;br /&gt;&lt;br /&gt;IJM owns Kuantan Port, the West Coast Expressway (WCE), and billions in construction contracts.&lt;br /&gt;&lt;br /&gt;The money laundering investigation may depress the short-term share price, but this is precisely the best time to &amp;quot;buy the dip.&amp;quot;&lt;br /&gt;&lt;br /&gt;2. Different Strategies: 30% vs 100%&lt;br /&gt;&lt;br /&gt;Sunway&amp;#39;s offer was a 100% acquisition and privatization. However, newcomers (such as YTL or UEM) may only need to acquire a 30% controlling stake.&lt;br /&gt;&lt;br /&gt;What&amp;#39;s the difference? Buying 30% only costs around RM2.7 billion to control a company with a market capitalization of RM9 billion—extremely cost-effective&amp;#33;&lt;br /&gt;&lt;br /&gt;And unlike Sunway, there&amp;#39;s no need to issue a large number of new shares to dilute the stake.&lt;br /&gt;&lt;br /&gt;Part 2 to be continued.&lt;br /&gt;&lt;br /&gt;*(Disclaimer: The above is purely speculative analysis and does not constitute any investment advice. Investment involves risk; trade at your own risk&amp;#33;)*&lt;br /&gt;&lt;br /&gt;&lt;!--SPOILER DIV--&gt;&lt;/div&gt;&lt;!--SPOILER DIV--&gt;</description>
            <author>blek</author>
            <category>Kopitiam</category>
            <pubDate>Sun, 25 Jan 2026 15:24:46 +0800</pubDate>
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            <title>Chinese guy date with awek ketiak</title>
            <link>http://forum.lowyat.net/topic/5549006</link>
            <description>[FB]https://facebook.com/reel/1825664084784665/?referral_source=external_deeplink[/FB]</description>
            <author>blek</author>
            <category>Kopitiam</category>
            <pubDate>Fri, 12 Dec 2025 19:29:54 +0800</pubDate>
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            <title>If your GF looks like her. Would you still go out</title>
            <link>http://forum.lowyat.net/topic/5548702</link>
            <description>[FB]https://facebook.com/reel/881485527671289/?referral_source=external_deeplink[/FB]&lt;br /&gt;&lt;!--SPOILER BEGIN--&gt;&lt;div class=&quot;spoilertop&quot; onClick=&quot;openClose('1c112e983e467fc298dc7a03700c2ac2')&quot; style=&quot;font-weight: bold&quot;&gt;&lt;u&gt;&amp;raquo; Click to show Spoiler - click again to hide... &amp;laquo;&lt;/u&gt;&lt;/div&gt;&lt;div class=&quot;spoilermain&quot; id=&quot;1c112e983e467fc298dc7a03700c2ac2&quot; style=&quot;display:none&quot;&gt;&lt;!--SPOILER END--&gt;&lt;br /&gt;[FB]https://facebook.com/reel/3762174577409779/?referral_source=external_deeplink[/FB]&lt;!--SPOILER DIV--&gt;&lt;/div&gt;&lt;!--SPOILER DIV--&gt;</description>
            <author>blek</author>
            <category>Kopitiam</category>
            <pubDate>Tue, 09 Dec 2025 20:55:59 +0800</pubDate>
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            <title>Realme 14 or Honor 400 lite?</title>
            <link>http://forum.lowyat.net/topic/5548510</link>
            <description>E-sim is a must, easier for her when travel oversea&lt;br /&gt;&lt;br /&gt;Honor 400 lite - Mediatek Dimensity 7025 ultra&lt;br /&gt;&lt;br /&gt;Realme - Snapdragon 6 gen4</description>
            <author>blek</author>
            <category>Kopitiam</category>
            <pubDate>Sun, 07 Dec 2025 21:37:48 +0800</pubDate>
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            <title>Penang island secret</title>
            <link>http://forum.lowyat.net/topic/5548462</link>
            <description>[FB]https://facebook.com/reel/1188510429308529/?referral_source=external_deeplink[/FB]</description>
            <author>blek</author>
            <category>Kopitiam</category>
            <pubDate>Sun, 07 Dec 2025 12:59:45 +0800</pubDate>
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            <title>SG fei zai found true love</title>
            <link>http://forum.lowyat.net/topic/5548410</link>
            <description>[FB]https://facebook.com/story.php?story_fbid=1288677529951884&amp;amp;id=100064289485786[/FB]&lt;br /&gt;&lt;br /&gt;Would you give up your high pay job and settle with thaimoi in kampung?</description>
            <author>blek</author>
            <category>Kopitiam</category>
            <pubDate>Sat, 06 Dec 2025 18:15:19 +0800</pubDate>
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            <title>Gen Z</title>
            <link>http://forum.lowyat.net/topic/5547990</link>
            <description>[FB]https://facebook.com/reel/825018046964297/?referral_source=external_deeplink[/FB]</description>
            <author>blek</author>
            <category>Kopitiam</category>
            <pubDate>Tue, 02 Dec 2025 17:15:13 +0800</pubDate>
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            <title>Road to revenge or now you see me</title>
            <link>http://forum.lowyat.net/topic/5547063</link>
            <description>[YOUTUBE]VmStqCXIgio?si=W5DSjY7vuzsEITiL[/YOUTUBE]&lt;br /&gt;&lt;br /&gt;[YOUTUBE]-E3lMRx7HRQ?si=Wdgts0YtJOhhBwcz[/YOUTUBE]&lt;br /&gt;&lt;br /&gt;Which better? Road to revenge trailer macam whole movie on the truck saja&lt;br /&gt;&lt;br /&gt;Sila rekomen gais</description>
            <author>blek</author>
            <category>Kopitiam</category>
            <pubDate>Sat, 22 Nov 2025 17:29:23 +0800</pubDate>
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        <item>
            <title>how this guy pickup random awek</title>
            <link>http://forum.lowyat.net/topic/5544659</link>
            <description>[ig]DPvqNvCj8v0[/ig]&lt;br /&gt;[ig]DPqvgOOj2Wd[/ig]&lt;br /&gt;[ig]DM2N8eXhXUX[/ig]&lt;br /&gt;[ig]DEnMXp-B26-[/ig]</description>
            <author>blek</author>
            <category>Kopitiam</category>
            <pubDate>Thu, 30 Oct 2025 06:11:15 +0800</pubDate>
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        <item>
            <title>What is batam where is batam?</title>
            <link>http://forum.lowyat.net/topic/5540970</link>
            <description>[ig]DM4NLgIS4u9[/ig]</description>
            <author>blek</author>
            <category>Kopitiam</category>
            <pubDate>Sat, 27 Sep 2025 21:28:32 +0800</pubDate>
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