Gallowgate End Posted May 30, 2019 Share Posted May 30, 2019 Right so just found the most recent investment commitments of the Bin Zayed Group. Apparently in April just 6 days before they sent proof of funds to Mike Ashley about buying the club for £350million they also signed an investment commitment of $3billion to $5 billion in Indonesia. The same Midhat Kidwai is pictured signing the investment commitment by the Bin Zayed Group. They must be either be ridiculously wealthy or they just keep signing billion pound investment commitments without actually investing following the mou agreements. Interestingly the guy they agreed the deal with is famous in Indonesia for corruption and deception and has the most horrific criminal past. If this Bin Zayed group take us over I’m sure the British press would have a field day over it. On the positive if these billion pound longterm investments are true then it seems we are likely to have a very rich group investing in the club. Also some of his business associates have very close links to the ruler Mohammed Rashid Al Maktoum too. From what it looks like I wouldn’t be surprised if the takeover happens providing his connections and these billion pound investment agreements by the Bin Zayed group are actually legit. Here are some key articles I found on their latest investment agreement in April. *Berkarya Makmur Sejahtera has just secured an investment commitment of US $3billion - US $5billion, equivalent to Rp.42 trillion - Rp.70 trillion from the giant real estate from Dubai, United Arab Emirates, Bin Zayed Group. With the funds, the company intends to expand the property business line to Goro's wholesale retail expansion. Bin Zayed Group is committed to pouring investments of 3-5 billion US dollars or up to IDR 70.69 trillion for this purpose. *Through PT Berkarya Makmur Sejahtera they have signed a memorandum of understanding with the Bin Zayed Group to build 500 thousand to 1 million homes. Development will be carried out throughout Indonesia every year at affordable prices. In addition to property, business collaboration also covers the fields of oil and natural gas and renewable energy. For information, the Bin Zayed Group is a conglomerate that is engaged in many business fields. The business group founded by Sheikh Khaled bin Zayed Al Nehayan in 1988 has expanded into many countries, including India and Africa. According to CEO of Bin Zayed, during a press conference at Crown Plaza Jakarta, Indonesia and India were potential countries. Not only in terms of population and economic potential. For this reason, he is very interested in investing in this country by cooperating with BMS. "In business, of course we pay attention to chemestry.” After meeting with Milasari Kusumo Anggraini as the Managing Director of PT Berkarya Makmur Sejahtera in Dubai, we immediately collaborated seriously, Midhat said. *After this MoU in the next 3 months both parties will finalize the strategy, investment and commitment towards the execution of the target. Why not with local partners? Mila assured that this business synergy would provide added value to the project, especially to include foreign investment in Indonesia. "Not to mention the multiflyer effect of each project undertaken, employment, regional economic movements, and the use of local raw materials. Even though the contractor works from the Bin Zayed Group” *Berkarya Makmur Sejahtera at the signing of the MoU in Jakarta, Thursday, April 11, said that with the funds promised by Bin Zayed, at least 500,000 to one million cheap housing units could be built. Bin Zayed Group is committed to pouring investments of 3-5 billion US dollars or up to IDR 70.69 trillion for this purpose. He also stressed that together with Bin Zayed Group this cooperation would be rolling in the long term. "In the future, the target will be greater not only to meet the needs of 1 million housing units per year," he said. Link to post Share on other sites More sharing options...
xLiaaamx Posted May 30, 2019 Share Posted May 30, 2019 Surprised you didn't outright just call that a scam tbh. Link to post Share on other sites More sharing options...
Disco Posted May 30, 2019 Share Posted May 30, 2019 RELEASE THE MOU Link to post Share on other sites More sharing options...
Gallowgate End Posted May 30, 2019 Share Posted May 30, 2019 The articles are in Indonesian so I had to do a translate on them Link to post Share on other sites More sharing options...
Wilson Posted May 30, 2019 Share Posted May 30, 2019 Fuck this like Link to post Share on other sites More sharing options...
Gallowgate End Posted May 30, 2019 Share Posted May 30, 2019 Inspector Gallowgate Link to post Share on other sites More sharing options...
Guest reefatoon Posted May 30, 2019 Share Posted May 30, 2019 did you use Mougle to translate it? Link to post Share on other sites More sharing options...
jack j Posted May 30, 2019 Share Posted May 30, 2019 Gallowgate and Is turning Link to post Share on other sites More sharing options...
Gallowgate End Posted May 30, 2019 Share Posted May 30, 2019 Gallowgate and Is turning I have no idea if they actually deliver on these investment agreements though Just hope our press don’t get wind of the guy the Bin Zayed group did business in Indonesia with. Put it this way he makes Mike Ashley look like a lovely man. Link to post Share on other sites More sharing options...
gdm Posted May 30, 2019 Share Posted May 30, 2019 You are obsessed with the mou Link to post Share on other sites More sharing options...
Anderson Posted May 30, 2019 Share Posted May 30, 2019 I can't be arsed looking any further, but feel like you're probably misunderstanding the 'investment' here. Link to post Share on other sites More sharing options...
James Posted May 30, 2019 Share Posted May 30, 2019 Is it not because Mihat Kidwai told someone he hopes to have something to celebrate on Saturday on LinkedIn? In regards to people thinking tommorow will bring something. He’s a Liverpool fan so he’s referring to the Champions League Link to post Share on other sites More sharing options...
Kanji Posted May 30, 2019 Share Posted May 30, 2019 Gallowgate, you know that when Firms sign commitments of that nature it takes quite a long time to get everything in order from a planning perspective to eventually shell out money. You don’t just sign up major infrastructure and development deals and just wire in a billion here and there. Usually you sign these up and pay via draw schedule by way of being in full control of the project budget once the many months / and or year(s) of planning are ready. And when you do eventually spend the money it’s in increments up until the final contractual amount. Often draws are done monthly or quarterly based on the liquidity of the Group performing the development on the ground. Link to post Share on other sites More sharing options...
relámpago blanco Posted May 30, 2019 Share Posted May 30, 2019 Mou money, Mou problems. Link to post Share on other sites More sharing options...
Conjo Posted May 30, 2019 Share Posted May 30, 2019 "mou" money, "mou" problems. Link to post Share on other sites More sharing options...
Gallowgate End Posted May 30, 2019 Share Posted May 30, 2019 Gallowgate, you know that when Firms sign commitments of that nature it takes quite a long time to get everything in order from a planning perspective to eventually shell out money. You don’t just sign up major infrastructure and development deals and just wire in a billion here and there. Usually you sign these up and pay via draw schedule by way of being in full control of the project budget once the many months / and or year(s) of planning are ready. And when you do eventually spend the money it’s in increments up until the final contractual amount. Often draws are done monthly or quarterly based on the liquidity of the Group performing the development on the ground. Yeah very much longterm I have no idea if they actually deliver on these though Seems very similar to the Telangana agreement in 2017. Do they deliver on these agreements is what I’d like to know then we would have a clearer idea if the agreement with us actually means something might happen. Or are they just public PR stunts. Midhat Kidwai is always pictured signing these big public investment agreements but is it just show as they are only mou agreements. Link to post Share on other sites More sharing options...
Ikon Posted May 30, 2019 Share Posted May 30, 2019 FFS, I'm literally starting to hate them. Just spouting shit spamming everywhere all the time. Not breaking news but they are so damn annoying!!! Link to post Share on other sites More sharing options...
number9shirt Posted May 30, 2019 Share Posted May 30, 2019 Like a cows opinion Link to post Share on other sites More sharing options...
Gallowgate End Posted May 30, 2019 Share Posted May 30, 2019 RELEASE THE MOU Link to post Share on other sites More sharing options...
Wilson Posted May 30, 2019 Share Posted May 30, 2019 Berkarya Makmur Sejahtera at the signing of the MoU in Jakarta, Thursday, April 11 Sounds like a historical event. Today class, we learn about the signing of the mou.... Link to post Share on other sites More sharing options...
Guest neesy111 Posted May 30, 2019 Share Posted May 30, 2019 FFS, I'm literally starting to hate them. Just spouting shit spamming everywhere all the time. Not breaking news but they are so damn annoying!!! He's in plaza mayor, might go by later to see if he's still around. Link to post Share on other sites More sharing options...
HaydnNUFC Posted May 30, 2019 Share Posted May 30, 2019 If true, oof. Ambition. It feels weird. Link to post Share on other sites More sharing options...
ToonArmy1892 Posted May 30, 2019 Share Posted May 30, 2019 If true, oof. Ambition. It feels weird. How on earth can they know that though. Link to post Share on other sites More sharing options...
KDT Posted May 30, 2019 Share Posted May 30, 2019 They don’t. Link to post Share on other sites More sharing options...
SteV Posted May 30, 2019 Share Posted May 30, 2019 If true, oof. Ambition. It feels weird. How on earth can they know that though. "Noises".... Link to post Share on other sites More sharing options...
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