20 October, 2009

Emkay Stories

Kolkata Properties - Real Estate India - Surek...Image by nancyarora2020 via Flickr
This Report is about the story of how Tan Sri Mustapha Kamal, turned himself from a civil servant as a senior assistant district officer (ADO) into a tycoon in property development; the Emkay group that had since sold nearly 50,000 units of residential and commercial properties worth in excess of RM8 billion.

It is about an Emkay gallery that has a story of its own when the then Tan Sri Mustapha Kamal was about to leave his office when an elderly Chinese man came over wanting to have a word with him.

The turning point quotes that the elderly Chinese man left for him to ponder is "I may be rich, but I don't have the authority vested in me like you. It's very unfortunate that both authority and wealth don't mix most of the time. In reality, you can perhaps choose one but not both. It's all about the choice that you must make."

Indeed, the young Mustapha had a great deal of authority as ADO and the elderly man had left Mustapha thinking -- which would be better, authority or wealth?

Soon after, Mustapha left the civil service and made a fortune in property development; his company, the Emkay group.
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