Dijaya originally bid only RM895 million (payable over 20 years) while SP Setia Berhad bid RM1.15 billion (payable over only 6-8 years) and Mah Sing Group Bhd bid RM945 million (payable over only 7 years). This means Dijaya cannot get the deal because their bid is the least attractive of the three. Dijaya was then asked to up their price to RM1.3 billion in a ‘behind-the-scenes’ negotiation. Why was Dijaya given the privilege of a behind-the-scenes negotiation and allowed a second bite of the cherry? This is what the other bidders are unhappy about. A tender is a tender and the highest price should get it (if all bidders equally qualify, of course). In this case, Dijaya was allowed to revise their price to out-bid the others. Interestingly enough, the people behind Dijaya are Ronnie Liu, Teresa Kok and Azmin Ali. And even more interesting is the fact that Dijaya has ‘donated’ RM200 million to Pakatan Rakyat Selangor’s war chest. Furthermore, Azmin threatened to drop Khalid from a Selangor state seat if he objects to the deal and tries to block it (and if Khalid keeps quiet and supports the deal he would be given the Port Kelang state seat). - Raja Petra
Posted on: Wed, 30 Jul 2014 23:23:14 +0000
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