Multi Purpose Holdings (MPH) itself was bailed out by UMNO for RM 3 billion in 1980s. Maika won’t be bailed out by UMNO at RM 26 per share because the 66,459 shareholders who invested RM 106.21 million are the poor powerless and politically weak Indians. PKR, DAP, PAS, NGOs and the alternative media will not speak up for the Indians. We have to end up fighting our own battle.
HRP’s Project 15/38 and political empowerment strategy is the only way forward.
P. Uthayakumar
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