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Chitchat Robert Kuok's Book - Akan Datang

The Low cousins made about $500m to $600m from their 'S-Cheats' venture and God is great that they lost all their ill-gotten wealth to casinos all over the world.

I thot both hainan kias were staunch christians? They still control listed centurion?
David even named a building in ACS after his dead son for $1 million. Maybe his son’s death is karma
 
RK probably consider TKS a trusted friend and not a crook.

The real evil crooks are his foes who had fixed up TKS... one of them is still standing today...the other oredi up lorry :)

Foes from UMNO?
Conspiracy theorists say he was framed ala Anwar Ibrahim
 
Foes from UMNO?
Conspiracy theorists say he was framed ala Anwar Ibrahim

TKS was too hot for these UMMO dogs to handle, they need their old kelong dog friend to help out on their fu#* dirty political game..... TKS was steady, he didn't get angry... he got even with his foes later on... so heaven is still fair :)

a pity TKS didn't choose to write his memoir :)
 
SCMP's excerpts here make for intriguing read, especially on the political tainted business fronts. Did RK include his PCL (Pacific Carriers Ltd) and his GWC (Great World City) setups?
 
Final excerpt from SCMP.


FROM DENG’S DESPAIR TO REBIRTH UNDER XI – AND HOW I FELT ABOUT BUYING (AND SELLING) THE SCMP: THE ROBERT KUOK MEMOIRS
In the final excerpt of Robert Kuok’s memoirs, the tycoon remembers how Taiwan hung like a dark cloud over his meeting with Deng Xiaoping, his stint as a media mogul and China’s spiritual rejuvenation under Xi Jinping

BY ROBERT KUOK

28 NOV 2017


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Robert Kuok with Deng Xiaoping and his daughter Deng Rong in Beijing in 1990. Photo: Robert Kuok, A Memoir
MORE ON
THIS STORY

My mother and Mao, Singapore taxes and the rise of Hong Kong property: the Robert Kuok memoirs


ON CHINA’S CULTURAL STRENGTH

At a very young age, perhaps four or five years old, I was becoming conscious of mother’s stories, and her frequent exhortations to me and my brothers. Father, his associates, and even the Chinese labourers working in the shop also had wisdom. I learned from them and from their behaviour that I belonged to a people with a very rich culture.

As I grew older, through the 1930s and 1940s, I began to realise that what the Chinese lacked most of all was discipline and unity.

With our continuous culture going back thousands of years, I think that there are certain good qualities as well as certain defects in the marrow of our bones.

The Chinese are very hard-working. Wherever they go they will try to earn their own living. Some of these migrants started life in their new homes as rickshaw pullers. So the natives of those regions connect the Chinese with the odour of sweat and say they are a miserable lot. I never got taken in by that nonsense. You have to learn to distinguish between form and essence. If your eyes are always glued to form, it is doubtful that you will ever succeed in life.

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The teachings of Confucius are part of Chinese culture. Photo: Alamy

The Chinese today don’t have to learn about Confucius and Mencius from books. The teachings of Confucius and Mencius are part of our culture; these teachings have been with us since birth.

Why, then, are so many Chinese running around today in China and all over the world setting bad examples? It is because of greed.

IF THE JOURNEY TOWARDS THE GOAL OF CIVILIZATION IS TEN THOUSAND MILES LONG, I DOUBT WE HAVE GONE EVEN ONE HUNDRED MILES
If the journey towards the goal of civilization is ten thousand miles long, I doubt we have gone even one hundred miles. People make a lot of mistakes in their rush. China has been transformed in 30 years. I have seen many mistakes along the way, but I have also seen a serious effort to turn back and correct mistakes when they are made.

*********************

ON MODERN CHINA AND ENLIGHTENED LEADERS

In its 5,000-year history, I doubt that China has had as enlightened a group of leaders as during the past 30 years. They wanted their country to grow, and their people to prosper. Few leaders today compare with China’s in terms of true patriotism, selfless devotion to duty, and complete willingness to dedicate their lives to the causes of nation-building and raising the peoples’ standard of living.

Devils to friends, how China’s communists won over Malaysian PM Tunku: the Robert Kuok memoirs
There was a period where I think the Chinese leaders misunderstood Confucianism, or they deliberately did not want Confucian values passed on to young people. They eschewed every religion, and Confucianism was seen as the religion of old China. Mao wanted the people to replace their old thinking with communist idealism. However, in the process, he overlooked the barbarism that still exists in man’s hearts and minds. It is easy to talk about all human beings being equal, but all men are not equal, and barbaric instincts still course through our veins.

In my business travels around China, I often came across incompetent or bigoted officials. Nearly every time I had a major tussle with one, or I met a dubious vice governor or mayor, I would come back and, in my judgmental way, tell my colleagues, “How can that man run such-and-such a city?” And sure enough, the next time I visited the place, say a year later, the man had been removed and a better man was in his place. I began to note to myself and to others that in Southeast Asia, a bad egg gets promoted; in China, a bad egg is removed.

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Chinese leaders: Mao Zedong, Deng Xiaoping, Jiang Zemin, Hu Jintao and Xi Jinping. Photo: AFP

Still, I think more can and should be done to root out nonperformers. I have a wonderful colleague named David Pang who helps out with our companies’ efforts to lift the poor around China from conditions of extreme poverty. We are trying to open up the sky above their heads and offer them hope. Through this effort, we have come into contact with many local village officials.

The quality of these officials varies greatly; the more corrupt ones are all talk and no action.

David Pang told me a sad story about a very bright young man from a small village who made it to the top university in China.

After graduating, he went back to his village to share his knowledge.

He is a man with a good heart, but after 20 years, he had lost all his vigour and energy and dreams. He became a forgotten soul captured by the bureaucratic web. His superiors think poorly of him because he challenges their intellect. He is bullied and ignored.

There are many individuals like him throughout China, individuals who want to do good things and improve the lives of those around them but who are stymied by vain and arrogant officials.

ON DENG XIAOPING

I was invited to meet Deng Xiaoping in the autumn of 1990.

He impressed me as a very fine and humble human being. He was by then an elderly man, but from the moment he saw me, his whole behaviour – his smile and his body language – was like that of an eager young man seeking to make a new friend. In none of his actions or words was there a hint of: “I am a great leader of a great nation. Who are you?” You could sense that the man was never thinking of himself. He was all for the people, his people.

When we sat down, his first words were to thank and to praise the Overseas Chinese for their contribution to the birth of the new China, and for the major role they had played and were continuing to play in China’s economy. Then he said several things that still stick in my mind. One was: “In 30 years’ time, China will be the most important and strongest nation in Asia, which will by then be the strongest continent in the world.” There was no hint of arrogance in Deng’s voice. It was as if he were a wizened sage looking into his crystal ball and describing what he saw. He stated it very humbly, and then he added words to this effect: “I shall not live to see that day, but I have no doubt that it will become true.”

THERE WAS NO HINT OF ARROGANCE IN DENG’S VOICE. IT WAS AS IF HE WERE A WIZENED SAGE LOOKING INTO HIS CRYSTAL BALL AND DESCRIBING WHAT HE SAW
He also said, “Mr Kuok, they all say I am the one that is bringing this huge and rapid development to China. They are wrong. When I opened the door for China, they were all pushing me from behind. They are still pushing me.” He wasn’t trying to gain more credit by trying to divert the credit. He just said the truth. The people want economic progress.

Then Deng spoke at length on the Taiwan issue. He said, “I have offered them more than I was prepared to give Hong Kong. They will be given everything that I gave Hong Kong, in addition to which they can maintain their armed forces, and renew and update their weaponry. All I ask is that we are one unified nation again; one flag, one foreign ministry, one people. There can be no other way forward for China!”

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A Taiwanese newspaper carries the news of the death of China’s paramount leader Deng Xiaoping. Photo: Reuters

He smiled throughout the meeting and I thought he was a very kind, friendly man, totally unselfish. But when he spoke on Taiwan, for the first time I saw in the man a sense of extreme frustration.

That was the first and only time I saw Deng. I later heard through Chinese friends in Beijing that mine was the last official meeting granted by the government. After that, a curtain came down and his only visitors were family or close friends.

China is still transforming. When you talk of the transformation of a nation of more than 1.36 billion people, it is too great for one single human mind to follow. Imagine an elephant that is so enormous in girth that if you are standing right in front, you cannot imagine it in its entirety.

[DENG XIAOPING] WAS A VERY KIND, FRIENDLY MAN, TOTALLY UNSELFISH. BUT WHEN HE SPOKE ON TAIWAN, FOR THE FIRST TIME I SAW IN THE MAN A SENSE OF EXTREME FRUSTRATION
****************************

When I saw what Deng Xiaoping was doing, I virtually worshipped the man. I have often told overseas friends that, throughout China’s 5,000-year history, there has rarely been a period when the leadership has been as committed to providing for the people and nation-building as that since Deng came to power. It has now been more than 35 years since Deng set the country on its current course, and the present leadership continues to put the people first.

We met obstacles and small-minded people in China. Some think you have come to rob them; others just think about themselves, and when you won’t line their pockets they turn their backs on you. In some of the provinces, you meet bigoted, narrow-minded officials who are envious before they have given away anything. All you can do is to avoid those places.

Overall, I think my relative success has been due to my willingness to give way. If you were operating in Singapore or Hong Kong, you would not meet with that situation.

In China, I was willing to flow with the currents. I was not expecting to make a fortune. I think, in the main, I felt I was there to help the country. But because of all my years of business training and sense of fiduciary values, there were times when I could not compromise. If they were not willing to be reasonable, I could not accept it, and those frustrations sometimes got to me.

******************

The years of experimenting with extreme left-wing communism have had adverse side effects on Chinese society. One effect is that many grew up without a strong moral compass. They acted as though your wealth should be shared with them. While they professed to share their wealth with you – they knew full well that they had nothing. I used to tell Chinese cadres: “That is not communism; it is highway robbery! You people are even indecent in not telling the truth to yourselves.”

To my mind, the two greatest challenges facing China are the restoration of education in morals and the establishment of the rule of law.

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Top President Suharto of Indonesia (middle) with Yani Haryanto and Robert Kuok in the President’s country home in Chiomas, outside Jakarta, c 1970. Photo: Robert Kuok, A Memoir

A moral society cannot be attained through policing. You must begin at the beginning, and infuse the young with a strong sense of morality from a young age, both at home and at school. For centuries, Confucian principles provided China’s moral compass; they can do so again.

THE TWO GREATEST CHALLENGES FACING CHINA ARE THE RESTORATION OF EDUCATION IN MORALS AND THE ESTABLISHMENT OF THE RULE OF LAW
The second important point is that China must strive to understand and implement the rule of law. This is more important than implementing democracy. It is a basic principle of the rule of law that everyone is equal before the law. In China today we have rule by man. Under the rule of law, even the General-Secretary of the Communist Party is not above the law.

I know many believe that it is impossible for a communist party to accept the rule of law. But I think that, if the Chinese Communist Party is to survive, the leaders of the Communist Party must adapt.

Otherwise, the people of China will reject them and cast them out.

I only hope that the Communist Party will take the lead in implementing the rule of law. It will require a gigantic effort, as the culture must change and the legal infrastructure must be created.

You have to train upright judges and lawyers to uphold the legal system. This may take 20-30 years, but it must start today. If the party succeeds in this monumental task, then the road ahead for China is filled with hope for all mankind.

***********************

XI JINPING’S CHINA

The world is now witnessing a spiritual rejuvenation in China led by Xi Jinping.

In my lifetime, I have followed the astonishing transformation of China. I grew up hearing daily tales of the country being in a horrible state. After many decades of misrule, internal strife and foreign oppression, the country was ripe for a revolution. The People’s Republic of China was founded by Mao Zedong and his amazingly able colleagues on 1st October 1949. But Mao was no genius at economics or commerce, and when the economy suffered setbacks, he was criticized by those around him. Mao got mad and thought he would use a fire torch to burn the pestering ants along the edges of the house, not realising that the house was bone dry, and that it would burst into flames and set off the Cultural Revolution, which eventually left the nation shattered.

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Malaysia's Prime Minister Najib Razak with Chinese President Xi Jinping. Photo: AFP

After a period wracked by extreme instability and political intrigue, Deng Xiaoping came to power. He saw the right direction for his people and personally led them for about fifteen years. I met him in the Great Hall of the People in Beijing in September 1990 and was struck by his humility. He said that he did not deserve the peoples’ acclaim that he was responsible for the country’s booming economy and rising prosperity. He said: ‘All I did was to open the door, but it was the people charging up behind and they pushed me through the door’. I found Deng to be a wise and compassionate leader: a great man indeed.

After Deng had ushered in a time of increasing prosperity, there developed the disease of greed and decay. Fortunately for China and its people, Xi Jinping assumed leadership of the country in November 2012. What he has accomplished in just five years is truly amazing. He has greatly reduced corruption in the government bureaucracy, in state-owned enterprises and in the armed forces. The economy had been developing in too uncontrolled a manner (excess capacity in steel, cement, and aluminium, etc.), and some of the agonies due to enforced adjustments are now being felt.

XI IS EFFECTIVELY BRINGING CHINA INTO THE MODERN AGE BY DISMANTLING, STEP BY STEP, THE FEUDAL ATTITUDES AND OFFICIOUS PRACTICES WHICH HAVE BEEN DEEPLY INGRAINED IN CHINESE SOCIETY
Xi realized it was not just the body but also the mind and spirit where decadence had entered Chinese society and systems. He is fostering mental, physical, moral and spiritual rejuvenation. It is a difficult job because China is relatively affluent now. Leaders have an easier job when the people are poor and have nothing to lose.

Xi is effectively bringing China into the modern age by dismantling, step by step, the feudal attitudes and officious practices which have been deeply ingrained in Chinese society.

From my knowledge of Xi Jinping, he is selfless, compassionate, patriotic, with a profound knowledge of Chinese history and culture. He is putting good practices in place, which will further transform China. He may need several more years to put his imprint on the country, but I firmly believe that history will honour him as one of China’s greatest leaders.

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Robert Kuok with Hong Kong’s then Chief Secretary Anson Chan Fang On-sang at the opening of the South China Morning Post’s printing plant in Tai Po.

THE PERMANENCE OF PRINT AND THE SCMP

In 1993, we bought a controlling interest in SCMP Group Limited of Hong Kong, which publishes the leading English language newspaper in Hong Kong, the South China Morning Post, from Rupert Murdoch. I feel that an independent media is a crucial component of a fair and orderly society. Perhaps I am old fashioned in believing that print media is important, given all the new media that have emerged. But I believe in the permanence of print, recording events day in and day out. I don’t see that books or newspapers will ever become obsolete, although their form may change.

FOR EVERY SLANTED OPINION PIECE, THERE SHOULD BE A PROPONENT FOR THE OPPOSITE VIEW
When I read the Post in the morning, I wouldn’t agree with everything. But that had never prompted me to try and change the contents. However, if the paper ever printed something libellous, I would have come down very fiercely and told them, “If the paper is sued for libel, you have to be responsible and meet the cost, because the owners did not personally print that news.”

Malaysia-Singapore Airlines, Siamese twins set for separation: the Robert Kuok memoirs
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The South China Morning Post plant in Tai Po. Photo: May Tse

A paper must publish news, not speculation. For every slanted opinion piece, there should be a proponent for the opposite view. Give the reader a choice, and let the reader decide who has the better argument.

In March 2016, a decision was made to sell the South China Morning Post to Jack Ma of Alibaba. I was pleased for Jack to take over, as the Post is a strategically important newspaper and I felt it should be in good hands. When the sale was completed, friends asked me how I felt after having owned the Post for 24 years. I replied by wiping my brow in relief and saying, “pheww!
 
I thot both hainan kias were staunch christians? They still control listed centurion?
David even named a building in ACS after his dead son for $1 million. Maybe his son’s death is karma

Turned to religion after they got cleaned up by casinos in Vegas, Macau, Aust & S'pore.

They had great difficulty to settle their last multi-million Dollar losses with MBS, MGM & RWS.

Compared to what they had lost to casinos, Centurion is only a little peanut left.
 
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yup ...thats it... but still have to go changi hotel for about 1 year where he became a Christian


In the aftermath of the Pan El fiasco when the S'pore stock exchange was forced to shut down for 3 days, LKY wanted to see that TKS & Tan Sri Khoo Kay Peng be imprisoned.

PM Mahathir personally called LKY to tell him that "if you touch Kay Peng, you touch me". While TKS was imprisoned, KKP was let off with only a slap on his wrist.
 
In the aftermath of the Pan El fiasco when the S'pore stock exchange was forced to shut down for 3 days, LKY wanted to see that TKS & Tan Sri Khoo Kay Peng be imprisoned.

PM Mahathir personally called LKY to tell him that "if you touch Kay Peng, you touch me". While TKS was imprisoned, KKP was let off with only a slap on his wrist.

The now ex Wife just recently spilled the beans in court on how their family ran Road to Canada and then Australia.
This one another karma case....Daughter also disowned him and Son is autistic.
 
Kuok stepped in to steady MCA and Multi-Purpose Holdings and provide confidence to Malaysian Chinese as the political leader MCA and the Business leader for Multi-Purpose with numerous Chinese mom and pop shareholders had
TKS helming both got detained. There is no doubt that Malay political leadership did to ensure stability. Only Kuok was trusted to be caretaker plus as well as having the means to provide bail.
 
Kuok stepped in to steady MCA and Multi-Purpose Holdings and provide confidence to Malaysian Chinese as the political leader MCA and the Business leader for Multi-Purpose with numerous Chinese mom and pop shareholders had
TKS helming both got detained. There is no doubt that Malay political leadership did to ensure stability. Only Kuok was trusted to be caretaker plus as well as having the means to provide bail.

RK wasn’t the sole bailer.....it was joint bail record $40 Million.....Rk half of the bail with IOI boss dato Lee and another textile/ property tycoon Loong YP fronting the other half
 
Was he too ashamed to write about British Empire opium trade in Malaysia Labuan and Singapore?

Many Chinese became rich from opium trade which was monopolized by the British Empire.

His family may be runners in opium trades too.

The opium trade was 40% Singapore economy which means easy to get rich as long as you cohort with the white pommies drug trafficker to be runners drug trafficking.

Remember BE turned to Singapore and Straits Settlement to start opium trade as early as 1900s after loss to the Chinese home grown opium in China.

Evil Pommies dont want to give up the lucrative opium drug trades and turned to their own colonized countries targeting Chinese communities drugging them with opium over again.

Must always tell angmohs how they got their ill-gotten wealth in drug trafficking in China in the past.

Shameful super lanjiao race.

Which country dont want to be rich trafficking in drug trade targeting rich country like China.?
 
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In the aftermath of the Pan El fiasco when the S'pore stock exchange was forced to shut down for 3 days, LKY wanted to see that TKS & Tan Sri Khoo Kay Peng be imprisoned.

PM Mahathir personally called LKY to tell him that "if you touch Kay Peng, you touch me". While TKS was imprisoned, KKP was let off with only a slap on his wrist.

On 30 November 1985, beleaguered Pan-Electric Industries Limited, a marine salvage, hotel and property group, collapsed and was placed in receivership after having amassed huge debts of S$453 million owed to 35 banks and S$160 million worth of unfulfilled forward contracts.The company’s stocks were popular with trading houses and small investors, and at the time of the crisis, the value of outstanding forward transactions in the market was estimated to be at S$140 million.

The company’s collapse resulted in the closure of the Singapore and Kuala Lumpur stock exchanges from 2 to 4 December 1985 in order to contain the fallout on heavily leveraged stockbroking firms.This marked the first and only time that the Singapore stock exchange had closed due to a trading emergency.The move sent shock waves across markets in the region.[6] Share prices plummeted, investor confidence was shaken and Singapore’s image as a financial centre took a beating.

The Pan-Electric crisis led to a tightening of the regulatory framework on securities. It paved the way for new regulations to be introduced, including amendments to the Securities Industry Act. The act provided a framework to regulate the stockbroking industry, curb share speculation, and institute greater transparency in reporting by listed companies.


https://www.sammyboy.com/threads/pan-electric-crisis.130622/

Monetary Authority of Singapore. (2004, June). Case study on Pan-Electric crisis. (pp. 11, 15). MAS Staff Paper, No. 32:
http://www.mas.gov.sg/~/media/resource/publications/staff_papers/MAS_Staff_Paper_No32_Jul_2004.pdf
 
Earlier excerpt.

‘DEVILS’ TO FRIENDS – HOW CHINA’S COMMUNISTS WON OVER MALAYSIAN PM TUNKU; HUSSEIN ONN CLUNG TO RACE-BASED POLITICS: THE ROBERT KUOK MEMOIRS
In the second extract from Robert Kuok’s memoir, he recalls his access to Malaysian leaders: Tunku Abdul Rahman had a ‘bee in the bonnet’ over communism, Hussein Onn wouldn’t give up race-based politics

BY ROBERT KUOK

25 NOV 2017 / UPDATED ON 26 NOV 2017


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Former Malaysian Prime Minister, Tunku Abdul Rahman. File photo

COMMUNIST DEVILS? PLEASE, PRIME MINISTER

Malaysia has had six Prime Ministers since independence. I have known all six. The first, Tunku Abdul Rahman, had tremendous rhythm. He was a well-educated man, having graduated with a law degree from Cambridge. If you talk of brains, Tunku was brilliant, and very shrewd. His mother was Thai, and he had that touch of Thai shrewdness, an ability to smell and spot whether a man was to be trusted or not. Tunku was less mindful about administrative affairs. But he had a good number two in Tun Razak, who was extremely industrious, and Tunku left most of the paperwork to Razak.

Tunku was like a strategist who saw the big picture. He knew where to move his troops, but actually going to battle and plotting the detailed campaign – that was not Tunku. He’d say, “Razak, you take over. You handle it now.” In that sense, they worked very well together. In my meetings with Tunku, he demonstrated some blind spots. He had a bee in his bonnet about communism. One day, when we had become quite close, he said to me, “Communists! In Islam, we regard them as devils! And Communist China, you cannot deal with them, otherwise you are dealing with the devil!” And he went on and on about communists, communism and Communist China. I responded, “Tunku, China only became communist because of the immense suffering of the people as a result of oppression and invasion. I think it’s a passing phase.” He interjected, “Oh, don’t you believe it! The Chinese are consorting with the devil. Their people are finished! You don’t know how lucky you Chinese are to be in Malaysia.” I replied softly, “Tunku, as Prime Minister of Malaysia, you should make friends with them.”

TUNKU ABDUL RAHMAN HAD A BEE IN HIS BONNET ABOUT COMMUNISM
Years later, when Tunku was out of office, he was invited to China. Zhao Ziyang, then Premier, entertained him in the Great Hall of the People in Beijing. Tunku travelled with a delegation of 15 Chinese businessmen who were good friends of his. On his way to China, Tunku stopped in Hong Kong and I gave them dinner. Then on his way out of China, he stopped in Hong Kong and we dined again. I asked him for his impressions. All of his old prejudices had vanished! He didn’t even want to refer to them. He just said the trip had been an eye-opener. “They are decent people, like you and me,” he said. “We could talk about anything.” From then onward, you never heard Tunku claim that the Chinese Communists were the devils incarnate.

Tun Razak. File photo

FRIENDS, NOT CRONIES

One thing I will say for Tunku: he had friends. His friends sometimes helped him, or they sent him a case of champagne or slabs of specially imported steak. He loved to grill steaks on his lawn and open champagne, wine or spirits. His favourite cognac was Hennessy VSOP. Tunku would also do favours for his friends, but he never adopted cronies.

When Tun Tan Siew Sin was Finance Minister, Tunku sent him a letter about a Penang businessman who was one of Tunku’s poker-playing buddies. It seems the man had run into tax trouble and was being investigated by the tax department, and he had turned to Tunku for help. In his letter, Tunku wrote, “You know so-and-so is my friend. I am not asking any favour of you, Siew Sin, but I am sure you can see your way to forgiving him,” or something to that effect.

TUNKU WOULD DO FAVOURS FOR HIS FRIENDS, BUT HE NEVER ADOPTED CRONIES
Siew Sin was apoplectic. He stalked into Tun Dr Ismail’s office upstairs and threw the letter down. “See what our Prime Minister is doing to me!” Tun Dr Ismail read the letter and laughed. “Siew Sin,” he said, “there is a comic side to life”. Ismail took the letter, crumpled it into a ball and threw it into the waste-paper basket. He then said, “Siew Sin, Tunku has done his duty by his friend. Now, by ignoring Tunku, you will continue to do your duty properly.” That was as far as Tunku would go to help a friend. Cronyism is different. Cronies are lapdogs who polish a leader’s ego. In return, the leader hands out national favours to them. A nation’s assets, projects and businesses should never be for anyone to hand out, neither for a king nor a prime minister. A true leader is the chief trustee of a nation. If there is a lack of an established system to guide him, his fiduciary sense should set him on the proper course.

A leader who practices cronyism justifies his actions by saying he wants to bring up the nation quickly in his lifetime, so the end justifies the means. He abandons all the General Orders – the civil-service work manual that lays down tendering rules for state projects. Instead, he simply hands the projects to a Chinese or to a Malay crony. The arms of government-owned banks are twisted until they lend to the projects. Some of these cronies may even be fronting for crooked officials.

Tunku was unnerved by the riots of May 13. After the riots he was a different man. Razak managed to convince him and the cabinet to form the National Operations Council, a dictatorial organ of government, and Razak was appointed its director. Parliament went into deep freeze. By the time the NOC was disbanded, Razak had been installed as prime minister. Tunku felt bewildered. He had helped the country gain independence and had ruled as wisely as he could, yet the Malays turned against him for selling out to the Chinese. In fairness to Tunku, he had done nothing of the sort. He was a very fair man who loved the nation and its people. But he knew that, if you favour one group, you only spoil them. When the British ruled Malaya, they extended certain advantages to the Malays.

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Malay Sultans along with then Malayan High Commissioner Donald MacGillivray sign an agreement creating an independent Malaysia on August 5, 1957 in the official residence of the British high commissioner of Malaya. File photo

When the Malays took power following independence on 31 August 1957, more incentives were given to them. But there was certainly no showering of favours. All of that came later, after 1969. The riots of May 13, 1969, were a great shock to the system, but not a surprise. Extremist Malays attributed the poverty of many Malays to the plundering Chinese and Indians. Leaders like Tunku Abdul Rahman, who could see both sides, were no longer able to hold back the hotheads. The more thoughtful leaders were shunted aside and the extremists hijacked power. They chanted the same slogans as the hotheads – the Malays are underprivileged; the Malays are bullied – while themselves seeking to become super-rich. When these Malays became rich, not many of them did anything for the poor Malays; the Chinese and Indians who became rich created jobs, many of them filled by Malays.



My mother and Mao, Singapore taxes and the rise of Hong Kong property: the Robert Kuok memoirs


ON PRO-MALAY POLITICS

I vividly recall an incident that occurred within a few months after the May 1969 riots. I was waiting to see Tun Razak when a senior Malay civil servant whom I knew very well came along the corridor of Parliament House and buttonholed me. He asked, “What are you doing here, Robert?” I replied, “Oh, I’m seeing Tun.” He snarled, “Don’t be greedy! Leave something for us poor Malays! Don’t hog it all!” I could see that, after May 1969, the business playing field was changing. Business was no longer clean and open. Previously, the government announced open tenders to the Malaysian public and to the world. If we qualified, we would submit a tender. If we won the contract, we would work hard at it, and either fail or succeed. I think eight or nine times out of ten we succeeded.

DON’T BE GREEDY ROBERT. LEAVE SOMETHING FOR US POOR MALAYS!
A senior civil servant friend
But things were changing, veering more and more towards cronyism and favouritism. Hints of change were there even before the riots. I was hell-bent on helping to develop the nation: that’s why I went into shipping, into steel – anything they asked of me. Even among the Malays there were those who admitted their weaknesses and argued for harnessing the strength of the Chinese. Mind you, that may have created more problems. If they had harnessed the strength of the Chinese, the Chinese would ultimately have owned 90 or 95 per cent of the nation’s wealth. This might have been good for the Malaysian economy, but bad for the nation.

Overall, the Malay leaders have behaved reasonably in running the country. At times, they gave the Malays an advantage. Then, when they see that they have overdone it, they try to redress the problem. Their hearts are in the right place, but they just cannot see their way out of their problems. Since May 13, 1969, the Malay leadership has had one simple philosophy: the Malays need handicapping. Now, what amount of handicapping?

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The 1969 riots were a pivotal moment in Malaysian history. File photo

The Government laid down a simple structure, but the structure is full of loopholes. Imagine that a hard-working, non-Malay Malaysian establishes XYZ Corporation. The Ministry of Trade and Industry rules that 30 per cent of the company’s shares must be offered to Malays. The owner says, “Well, I have been operating for six years. My par value of 1 ringgit per share is today worth 8 ringgit.” Then the Ministry says, “Can you issue it at 2 ringgit or 2.50 ringgit to the Malays?” After a bit of haggling, the non-Malay gives way. So shares are issued to the Malays, who now own 30 per cent. But every day after that, the Malays sell off their shares for profit. A number of years pass and then one day the Malay community holds a Bumiputra Congress. They go and check on all the companies. Oh, this XYZ Corporation, the Malay shareholding ratio is now down to seven per cent. That won’t do. So the Malays argue that they’ve got to redo the shareholding again. Fortunately, the ministry usually acts as a fair umpire and throws out such unscrupulous claims.

THE MALAYS’ ZEAL TO BRIDGE ECONOMIC GAP WITH THE CHINESE BRED UGLY RACISM
It’s one thing if you change the rules once to achieve an objective agreed to by all for the sake of peace and order in the nation. But if you do it a second time, it’s robbery. Why is it not robbery just because the government commits it? And when people raise objections, it is called fomenting racial strife, punishable by three years in jail. As a Chinese who was born and grew up in Malaysia and went to school with the Malays, I was saddened to see the Malays being misled in this way. I felt that, in their haste to bridge the economic gap between the Chinese and the Malays, harmful short cuts were being taken. One of the side effects of their zeal to bridge the economic gap was that racism became increasingly ugly. I saw very clearly that the path being pursued by the new leaders after 1969 was dangerous. But hardly anyone was willing to listen to me. In most of Asia, where the societies are still quite hierarchical, very few people like to gainsay the man in charge. As in The Emperor’s New Clothes, if a ruler says, “Look at my clothes; aren’t they beautiful?” when he is in fact naked, everybody will answer, “Yes, yes sir, you are wearing the most beautiful clothes.”

THE EAR OF THE PRIME MINISTER

I made one – and only one – strong attempt to influence the course of history of Malaysia. This took place in September 1975 during the Muslim fasting month. Tun Razak, the second Prime Minister of Malaysia, was gravely ill with terminal leukaemia, for which he was receiving treatment in a London hospital. My dear friend Hussein Onn, son of Dato Onn bin Jafar, was Deputy Prime Minister, Minister of Finance and acting Prime Minister in Tun Razak’s absence. He was soon to become Malaysia’s third Prime Minister. I went to Kuala Lumpur and sent word that I wanted to have a heart-to-heart talk. On the phone Hussein said, “Why don’t you come in during lunch time. It is the fasting month. Come to my office at about half past one. There will be no one around and we can chat to our heart’s content.”

Hussein and I go back to 1932 when we were in the same class in school in Johor Bahru. Shortly afterwards, his father fell out with the then-Sultan of Johor and the family moved to the Siglap area of Singapore.

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Malaysia’s third prime minister Hussein Onn. File photo

My father would often spend weekends with Dato Onn. Two or three years later, Hussein returned to Johor Bahru and we were classmates again at English College from 1935 to 1939. Hussein’s father, Dato Onn, did not have a tertiary education. But he read widely and was very well informed. He was a natural born politician, a gifted orator in Malay and in English. He was a very shrewd man with a tremendous air of fine breeding even though he was not from Malaysian royalty. When you were in his presence, you knew you were in the presence of someone great. Dato Onn would go on to found UMNO, the ruling party of Malaysia, and become one of the founders of the independent nation of Malaysia. He set a tone of racial harmony for the nation – and he practised it. Our families were close.

So, I went to call on his son, my old friend Hussein Onn in 1975. His office was in a magnificent old colonial building, part of the Selangor Secretariat Building. In front of it was the Kuala Lumpur padang, where, in the colonial days, the British used to play the gentlemen’s games of cricket and rugby. I climbed up a winding staircase and his aide showed me straight to his room. There was hardly another soul in that huge office complex. After greeting one another, I warmed up to my subject with Hussein very quickly. I said, “Hussein, I have come to discuss two things with you. One is Tun Razak’s health. The other is the future of our nation.” I said, “You know, Razak has been looking very poorly lately. We all know he has gone to London for treatment.” Hussein interrupted: “Tun doesn’t like anybody discussing his health. Do you mind if we pass on to the next subject?” I said, “Of course not.” I continued, “I had to raise the first subject because that leads to the next subject. Assuming Razak doesn’t have long to live – please don’t mind, but I have to say that – you are clearly going to become the new Prime Minister in a matter of months or weeks.”

“I’m listening,” he said. “Hussein, we go back a long way. Our fathers were the best of friends; our families have been the best of friends. In our young days, you and I always felt a strong passion for our country, which we both still feel. Whatever has happened these past years, let’s not go backwards and ask what has gone wrong and what has not been done right. Let’s look at the future. If there was damage done, we can repair it.”

Hussein listened patiently. I pressed on, “First, let me ask you a few questions, Hussein. What, in your mind, is the number of people required to run a society, a community, a nation with the land mass of Malaysia?” This was 1975, when the population was about 12.5 million. He didn’t reply. For the sake of time, I answered my own question. “Hussein, if I say 3,000, if I say 6,000, if I say 10,000, 20,000, whatever the figure, I don’t think it really matters. We are not talking in terms of hundreds of thousands or millions. To run a society or a nation requires, relatively speaking, a handful of people. So let us say six or seven or eight thousand, Hussein. And of course this covers two sectors. The public sector: government, civil service, governmental organisations, quasi-governmental bodies, executive arms, police, customs and military. The private sector: the economic engines; the engines of development, plantations, mines, industry.

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Robert Kuok. File photo

“The leaders of these two sectors are the people I am referring to, Hussein. If we are talking of a few thousand, does it matter to the masses whether it becomes a case of racially proportionate representation, where we must have for every ten such leaders five or six Malays, three Chinese, and one or two Indians?” I continued, “Must it be so? My reasoning mind tells me that it is not important. What is important is the objective of building up a very strong, very modern nation. And for that we need talented leaders, great leadership from these thousands of people. If you share my view that racial representation is unimportant and unnecessary to the nation, then let’s look at defining the qualifications for those leaders.

“Number one, for every man or woman, the first qualification is integrity. The person must be so clean, upright and honest that there must never be a whiff of corruption or scandal. People do stray, and, when that happens, they must be eliminated, but on the day of selection they must be people of the highest integrity. Second, there must be ability; and with it comes capability. He or she must be a very able and capable person. The third criterion is that they must be hard-working men or women, people who are willing to work long hours every day, week after week, month after month, year after year. That is the only way you can build up a nation.”

I went on, “I can’t think of any other important qualifications. So your job as prime minister, Hussein – I am now assuming you will become the prime minister – your job will then be from time to time to remove the square pegs from the round holes, and to look for square holes for square pegs and round holes for round pegs. Even candidates who fulfil those three qualifications can be slotted into the wrong jobs. So you’ve got to pull them out and re-slot them until the nation is humming beautifully.”

THE BEST BRAINS COME IN ALL SHADES AND COLOURS, ALL RELIGIONS, ALL FAITHS.
“We do not have all the expertise required to build up the nation,” I added. “But with hard work and a goal of developing the nation, we can afford to employ the best people in the world. The best brains will come, in all shades and colours, all religions, all faiths. They may be the whitest of the white, the brownest of the brown or the blackest of the black. I am sure it doesn’t matter. But Hussein, the foreigners must never settle in the driving seats. The days of colonialism are over. They were in the driving seats and they drove our country helter-skelter. We Malaysians must remain in the driving seats and the foreign experts will sit next to us. If they say, ‘Sir, Madame, I think we should turn right at the next turning,’ it’s up to us to heed their advice, or to do something else. We are running the show, but we need expertise.

YOU’RE GOING TO BE THE LEADER OF A NATION, AND YOU HAVE THREE SONS, HUSSEIN … YOUR ELDEST SON WILL GROW UP VERY SPOILED
“You’re going to be the leader of a nation, and you have three sons, Hussein. The first-born is Malay, the second-born is Chinese, the third-born is Indian. What we have been witnessing is that the first-born is more favoured than the second or third. Hussein, if you do that in a family, your eldest son will grow up very spoiled. As soon as he attains manhood, he will be in the nightclubs every night because Papa is doting on him. The second and third sons, feeling the discrimination, will grow up hard as nails. Year by year, they will become harder and harder, like steel, so that in the end they are going to succeed even more and the eldest will fail even more.”



Malaysia-Singapore Airlines – the Siamese twins set for separation: the Robert Kuok memoirs


I implored him, “Please, Hussein, use the best brains, the people with their hearts in the right place, Malaysians of total integrity and strong ability, hard-working and persevering people. Use them regardless of race, colour or creed. The other way, Hussein, the way your people are going – excessive handicapping of bumiputras, showering love on your first son – your first born is going to grow up with an attitude of entitlement.” I concluded, “That is my simple formula for the future of our country. Hussein, can you please adopt it and try?” Hussein had listened very intently to me, hardly interrupting. He may have coughed once or twice. I remember we were seated deep in a quiet room, two metres apart, so my voice came across well. He heard every word, sound and nuance. He sat quietly for a few minutes. Then he spoke, “No, Robert. I cannot do it. The Malays are now in a state of mind such that they will not accept it.”
He clearly spelt out to me that, even with his very broad-minded views, it was going to be Malay rule. He was saying that he could not sell my formula to his people. The meeting ended on a very cordial note and I left him. I felt disappointed, but there was nothing more that I could do. Hussein was an honest man of very high integrity. Before going to see him, I had weighed his strength of character, his shrewdness and skill. We had been in the same class, sharing the same teachers. I knew Hussein was going to be the Malaysian Prime Minister whom I was closest to in my lifetime. I think Hussein understood my message, but he knew that the process had gone too far. I had seen a picture developing all along of a train moving in the wrong direction. During Hussein’s administration, he was only partially successful in stemming the tide. The train of the nation had been put on the wrong track. Hussein wasn’t strong enough to lift up the train and set it down on the right track.

THE TRAIN OF THE NATION HAD BEEN PUT ON THE WRONG TRACK
The capitalist world is a very hostile world. When I was building up the Kuok Group, I felt as if I was almost growing scales, talons and sharp fangs. I felt I was capable of taking on any adversary. Capitalism is a ruthless animal. For every successful businessman, there are at least 10,000 bleached skeletons of those who have failed. It’s a very sad commentary on capitalism, but that is capitalism and real capitalism, not crony capitalism. Yet, I’ve always believed that the rules of capitalism, if properly observed, are the way forward in life. I know that, having been successful, I will be accused of having an ‘alright Jack’ mentality. But I am just stating facts: capitalism is a wonderful creature – just don’t abuse its principles and unwritten laws. ■
 
Much sought after. I expect Merle to provide some insights as well in view of his strong track record.

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book a sell out ...



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One of Asia's richest men has kept his private life, and indeed the story of how he began amassing his US$14 billion (S$19 billion) fortune, under wraps for the best part of a century. But the notoriously media-shy Robert Kuok, 94, has opened up in a 376-page memoir that details his rise from a broken family in Johor Baru to becoming Malaysia's richest man and more after moving to Hong Kong 38 years ago. "Things may have happened in Malaysia and elsewhere that weren't ideal, but... he is quite fatalistic, I believe, and resilience has been one of the keys to his success," the book's co-author.
 
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