M.V. AGUSTA AGAIN
Dr Mahathir Mohamad
1. Robb Report – the magazine for the rich and famous reported in its February 2010 edition the following under “Front Runners”:
“A new MV Agusta that lives high off the hog… Since acquiring MV Agusta for more than US$100 million in 2008, Harley-Davidson has helped revitalise the 65-year-old Italian brand. The new 2010 MV Agusta (www.mvagustausa.com) which debuted in November….”
2. People might just remember that Proton sold its share of MV Agusta for one Euro (RM4) to some unknown Italian who subsequently sold a part of the company to Harley-Davidson for the sum stated above (more than 100 million US Dollars equal to at present exchange rate more than RM340 million Ringgit).
3. We may also remember that the remaining part of MV Agusta was sold to BMW for about the same price i.e. more than 340 million Ringgit.
4. So we sold for RM4 something that the buyer, the mysterious Italians sold for more than RM680 million.
