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Ex-Petronas CEO joined Singapore GLC

Set aside non-bumi, the talented Malays also leaving Malaysia for greener pasture.

Hassan Merican, the one who transformed Petronas into a second most profitable company in the world has joined Singapore Power Limited (SP) in June as its Chairman.

I remember a reputed and caliber former Tenaga CEO (forget his name) also resigned after friction with UMNO cronies and joined foreign MNC.

Why brain drain?

Because UMNO appoints donkeys to run GLCs besides imposing racial policies in the public sector.

4 comments to Ex-Petronas CEO joined Singapore GLC

  • Samson

    Kencana Petroleum better career option than Petronas.
    Datuk Mokhzani Mahathir RM1.937 billion man even richer than his father Petronas adviser Dr M.
    No wonder Hassan Merican out of petronas seeking greener pasture.

    Top 20 Richest Malaysians 2012 (Wealth in RM as at Jan 20, 2012):

    Robert Kuok Hock Nien 45,700.00 Kerry Group/KuokGroup

    T Ananda Krishnan 42,998.00 Usaha Tegas

    Tan Sri Teh Hong Piow 12,642.01 Public Bank

    Tan Sri Lee Shin Cheng 11,356.55 IOI Group

    Tan Sri Syed Mokhtar Albukhary9,530.00Albukhary Foundation

    Tan Sri Quek Leng Chan 8,002.92 Hong Leong Malaysia

    Tan Sri Lim Kok Thay 7,585.07 Genting Group

    Puan Sri Lee Kim Hua 6,588.33 Genting Group

    Tan Sri Tiong Hiew King 6,411.46 Rimbunan Hijau

    Ong Beng Seng 4,919.56 Hotel Properties Ltd

    Tan Sri Azman Hashim 3,470.00 Arab-Malaysian Corp

    Tan Sri Vincent Tan Chee Yioun2,541.74 Berjaya Group

    Datuk Mokhzani Mahathir 1,937.27 Kencana Petroleum

    Datuk Lee Yeow Chor 1,787.85 IOI Group

    Tan Sri Tony Fernandes 1,772.42 AirAsia

    Lee Yeow Seng 1,746.00 IOI Group

    Tan Sri Lau Cho Kun 1,721.64 Hap Seng Consolidated

    Tan Sri Yeoh Tiong Lay1,711.84 YTL Group

    Tan Sri Lee Oi Hian 1,589.97 Batu Kawan

    Datuk Lee Hau Hian 1,586.18 Batu Kawan

  • Justin Hew

    Singapore has already taken countless top students from malaysia.
    Now even malays are working in Singapore!

  • Ronny

    Petronas is in danger of going bust. It has squandered its tremendous reserves for a number of projects it had no business to be involved in. It owns Putrajaya, the administrative capital that is a drain on the public purse. It owns Proton, the F-1 motor racing circuit in Sepang, and a slew of companies and products that is far removed from its main product: petroleum. The US$1 billion sponsorship costs for the F-1 championship in Sepang and the Sauber Petronas F-1 racing team appears to matter more than the future of its 70 IT specialists. It owns the Petronas twin towers, forced on it by the government so the KLCC would show the world how developed a country Malaysia is. Its considerable funds are used to cover government shortfalls and other financial needs. The Petronas management will surely see red ink dominating its balance sheets after its unrestrained financial profligacy

    • That old man is adviser for Petronas.

      Everyone knows Malaysia economy and government budget is solely depended on funds from Petronas. When Petronas balance sheet in red means the government also in deep shit.