Showing posts with label JyoLo. Show all posts
Showing posts with label JyoLo. Show all posts

Tuesday, July 20, 2010

"What They Don't Teach You At Wharton Business School" More On Mr Big Spender

Hantu Laut

Some of you might have read the book "What They Don't Teach You At Harvard Business School" where the writer Mark McCormack delved into the realities of the business world, things that you don't learn at business schools.The street knowledge that comes from day-to-day experience of running a business and managing people.The pitfalls that they don't tell you.I presume that's why the Chinese are more successful in business, they don't go by the book, they have entrepreneurial instinct.

McCormack never studied in Harvard, he got a law degree from Yale.Most of what he wrote in the book were based on his personal experience running a business.

More on our flamboyant ostentatious big spender who reputedly studied at the highly reputable Wharton Business School at University of Pennsylvania.

Wharton is the oldest business school in the US, is a member of the Ivy League and rated the No.1 business school in the world.In 2010 London Business School took the top spot.Harvard, better known here, is only second best.

Somebody, should write "What They Don't Teach You at Wharton Business School." How not to blow $160,000 in one night's party bash.

How not to be an obsequious sychophant and blow your money just to be seen sitting with those slimy and stony celebrities.How not to blow your father's money.Has to be, unless Najib gave him multi-million-dollar contract?

Unlikely ?

More on Jyo Lo below.

Asian financier looks to take on collection of luxe Manhattan apartments

November 05, 2009 09:20AM
The Park Imperial at West 56th Street, where Lo is currently renting an apartment for $100,000 per month

An Asian financier calling himself "J. Lo" is reportedly looking to buy up luxe apartments in Manhattan's premier buildings with haste. Lo, who is currently renting a $100,000-per-month condo at West 56th Street's Park Imperial, counting neighbors like Daniel Craig, Sean "Diddy" Combs and Deepak Chopra, also recently signed a contract at the Park Laurel on West 63rd Street. He is reported to have paid nearly $28 million for the 7,758-square-foot spot that belonged to Israeli philanthropist Ephraim Gildor. Lo hasn't made an offer yet on the $31 million penthouse he visited at Trump Park Avenue, but he did bid almost $40 million on Broadcast.com founder Todd Wagner's apartment at the Time Warner Center, which, unfortunately for Lo, isn't actually for sale. Wagner bought the 4,800-square-foot penthouse, once famously rented by Jay-Z, from real estate investor Michael Hirtenstein in 2007. Observers have noticed Lo's black Cadillac Escalades idling outside his current rental, where he's had shopping bags from Bergdorf Goodman delivered to his door. [Post, 1st item]

My latest grapevine revealed he is not Najib and Rosmah's friend.He is Najib's son friend.

See below for some of his connections .






Once a financial services group, UBG Berhad is today evolving. Following its divestment of shareholding in the RHB financial services group in 2007, a series of acquisitions into new core businesses is reshaping UBG.

As a strategic investment house, UBG's interests are in concession businesses, construction & infrastructure, and energy.

By October 2008, new acquisitions by UBG in two Malaysian entities - water infrastructure specialist, Loh & Loh Corporation Berhad, and niche construction specialist, Putrajaya Perdana Berhad, have been completed. These further strengthen UBG's infrastructure capabilities which include CMS Roads Sdn Bhd and CMS Pavement Tech Sdn Bhd.

Together, the new investments hold promise for UBG to steer these companies towards new businesses and opportunities, both local and international.

Please select:
1) Current News
2) Archived News



Board of Directors of UBG Berhad




Chairman:
Y Bhg Dato Sri Mahmud Abu Bekir Taib

Deputy Chairman:
Datuk Syed Ahmad Alwee Alsree

Non-Executive Director:
H.E. Yousif Mana Saeed Alotaiba

Non Independent Non Executive Director:
Shaher Mohamed Ali Al-Awartani

Non-Independent Non-Executive Director:
Low Taek Jho

Non-Independent Non-Executive Director:
Tan Vern Tact

Independent Non-Executive Director:
Dato Sri Liang Kim Bang

Independent Non-Executive Director:
Krishnan a/l C K Menon



Low Taek Jho
(Malaysian, Aged 27 years, Non-Independent Non-Executive Director)

Mr Low Taek Jho was appointed to the Board of UBG Berhad as Group Advisor on 19 September 2008. He is a representative of the major shareholder, Majestic Masterpiece Sdn Bhd and Abu Dhabi-Kuwait-Malaysia Investment Corporation. Mr Low currently serves as group advisor to several international corporations involved in global private equity, mergers & acquisitions, buy-outs, government-to-government offset structured investments and financing, networking and financial aid, amongst others. Mr Low graduated with a Bachelor of Science degree in Economics with concentration in Finance from The Wharton School, University of Pennsylvania, United States of America.

So, no MBA, only ordinary business degree, only 27 years old and can become advisers to so many companies.Bet your bottom dollar all those companies are under the same stable.

Looks like, Sarawak a major contributor to Mr Lo's lifestyle.