Sunday, October 26, 2014

Malay Reserve land: Peninsular's version of NCR land issue


There is a forum today to be held today 2:00 PM at Dewan Ulama ISTAC at persiaran Duta off Jalan Duta Kuala Lumpur on the issue of Malay Reserve land. It is jointly organised by Perkasa and ISTAC.

The keynote speech will be delivered by Former Chief Judge, Tun Ahmad Fairuz bin SHeikh Abdul Halim and it will be followed by two papers by Prof Dato Dr Nik Zain bin Nik Yusuf, former KSU for Ministry for Land and Cooperatives and Director general for Department of Land and Mineral, and Dr Hasrol, Senior Lecturer, department of Land, UiTM.

Although this issue have been openly discussed in many other seminar and forum before, it is usually positioned as a side session. It is also far in between and resolution to the issue  have been muted. Not much progress made since acquired Malay Reserve could not be replaced by land of character.

At least, disputes on Native Customary land (seldom called NCR land) in Sabah and Sarawak could revert to the Native Court for settlement. Disputes on NCR land usually involved ownership claim.

Nevertheless, NCR land are being championed by the opposition and state government give attention. Unfortunately, Malay Reserve issues and disputes have no champion.

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Saturday, October 25, 2014

Do Malaysia "really" benefit from trade through TPPA?


The view of Malaysian businessmen and corporate people on TPPA is that of optimism.

As a trading nation dependent on import and export with other countries, they see the beneficial flow of revenue and hopefully the profit derived to their business from TPPA as good for the country. Anything good for business is supposedly good for the country.

The view is that Malaysian goods and services have a fair chance to enter foreign market without any more barriers. So matters with regards to consumer interest, "sovereignty", and Bumiputera rights (which is effectively pittance actually) pales in comparison to the benefit. 

Unfortunately, the benefit from TPPA is not as simple as commutative arithmetic law of 1 + 1 = 2. If badly put together, the country could not achieve that 2 and perhaps even end up with less than 1. The TPPA serves the MNC interest to penetrate market. It has been extensively written in this blog, so no point rewriting it. Just key-in TPPA in this blog's saerch engine.

However, it is not sufficiently convincing to opportunity driven businessmen and corporate man. Only when it affects their interest will they appreciate the problems with TPPA. It has to hit their wallet to wake them up from their over-optimism.

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Friday, October 24, 2014

Food security is national security


Sundaily Oct 23rd 2013

THIS is a land of abundant food. The melting pot of cultures has meant that we are spoilt for choice when it comes to mealtime and as a result many Malaysians have an expanded and rather critical palate.

But little thought is given to where our food comes from with regards to quality, safety and how it is produced.

Why should we be concerned anyway? Our supermarkets are well stocked, we have daily wet markets, weekly night markets in almost every neighbourhood and in some areas, a farmers market.

But how much of our food is locally produced?

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When is the big day, Zahida?


A big break for Zahida but one question still remain

Actress and model Zahida Rafik is back in the news again. The driver which sued her for defamation will be charged for CBT. he had allegedly squandered away with the RM200,000 money entrusted by Zahida to bank-in.

It is a face saving development for Zahida, which had been rumoured to have an affair with Dato Shafie Apdal. When this blog wrote of it in September 2010 [read here], there was a follow-up denial from Shafie's aide [read here].

However, the rumour unabated as more stories surface claiming Zahida had married Shafie in London and lives in a RM4 million home in Ampang bought by Shafie. It was aggravated further in April 2012 when the matter involving Zahida's driver surfaced. [Read here and here]

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Thursday, October 23, 2014

Touching a dog doused Anwar's campaign


Until an intimate video of popular pro-opposition Ustaz Azhar Idrus with his third wife surfaced last night, the most viral subject on the social media was the weekend Dog Touching event.

It dominated the social media to the point that it even overshadowed another intimate revelation on the FB of DAP candidate for Telok Intan by-election, Dyana Sofea and married Member of Parliament for Bukit Bendera Penang, Zairil Khir Johari.

It was a unique happening and the ensuing debate attracted the public attention that Anwar's campaign to gain sympathy and pressure the court to save him from an impending prison sentence by the Federal Court was lost.

Syed Azmi may have innocently helped to douse Anwar's usual rabble rousing.

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Tuesday, October 21, 2014

The hypocrasy and ulterior motive to get Ibrahim Ali charged


Upon seizing power at the Federal level, DAP will be more draconian than the BN the accused as draconian. All one need to see is the reaction of Penang DAP Chief Minister, Lim Guan Eng to any criticism or questions on his administration of Penang or DAP party.

Guan Eng would threaten them with lawsuit as former PAS Youth Chief is facing, use goons to physically harass them as in the case of defiant Johor DAP members, expelled and suspended BN state assemblyman, and many more.

He refused to meet and deal with the Kampong Buah Pala Indian. And in the case of falling FDI to Penang, he resorted to lying and blaming the Federal government. However, he claim credit when FDI was rising in his first year in office.

In the latest episode and in the midst of campaign by Bar Council, Pakatan and their linked NGOs for abolishment of the Sedition Act, DAP and few Bar Council activists are applying pressure on Dato Nancy Shukri to charge Dato Ibrahim Ali for sedition.

It shows they are inconsistent in their principle and hypocritical in their attitude. When Pakatan do  take control of government with DAP in the driver seat, the likelihood is they will reinstate ISA, Sedition Act, and other law they say now as draconian?

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Monday, October 20, 2014

Malay "pendatang" remark could spoil Gerakan comeback


Whether it was because of the Chinese vernacular school issue raised at the UMNO Petaling Jaya Utara annual general meeting or the ensuing discussion on the root of Chinese vernacular school as education for the children of then Chinese immigration worker, the Malay "pendatang" remark uttered at the Gerakan AGM was unnecessary.

Surely it is untrue and illogical, be it from the archeological or historical or geo-cultural or even DNA finding done. Not only former MP Dato Zulkifli Nordin immediately rebutted, one article by a Chinese writer by the name Tai Zee Kin disagreeing to any intention to claim Malays as "pendatang' from Indonesia has gone viral. Prior to modern nation-state introduced by colonial masters, Malay archipelago is one big "nation".

Politically, it is not a smart move, even for merely a drama to attract the attention of Chinese voters and hopefully secure back their votes.

If that is what the Gerakan delegate from Johor, Tan Lai Soon intended, that is not the way since such remarks makes politics a zero sum game. By attracting one group, one anger another group.

How did Gerakan do their number crunching?

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Saturday, October 18, 2014

Tun M's KTM suggestion expose neo-liberals problem-solving weakness


In his blog yesterday [read here], Tun Dr Mahathir suggested few business ideas for Keretapi Tanah Melayu (KTM) in order to reduce their losses. He suggested to lease their tracks and use trains to transport goods to Bangkok.

The additional profit generated could be substantial and return KTM back to profitability. As it is, Tun Mahathir said KTM is losing about RM185 million annually.

In his first line, it may seeemed as though Tun may have took a swipe at another of Dato Ahmad Maslan's typical comment that made him a common conversation piece. He claimed KTEM would turn around after an "intensive transformation" plan with a RM30 million profit by next year.

Without Tun M having to say anything, the bigger jokers that got swiped in his posting was the predictable textbook thinking neo-liberal advisers, specifically Pemandu in government, and young leaders and politicians in UMNO.

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Friday, October 17, 2014

Popularly elected Jokowi to raise fuel price by 50%


The public outcry from the 20 sen increase in fuel price, or as they try to avert as only reduction in subsidy, can be heard everywhere.

Understandably, the distribution system dominated by cartels result in an amplified increase in consumer goods. Though the public understood the subsidy burden on the government, some reaction gave the impression they were ready to throw out Dato Najib out of office.

Now, Joko Widido just came out as the new popularly elected Indonesian President. He plan to increase fuel price by 50%. Not 20 sen, but by more than the 80 sen increase that led to the downfall of former PM Tun Abdullah. As it is, fuel cost more in Indonesia. There is no BR1M, nothing in the pipeline to buffer the impact .

Will the Indonesian emulate some local sentiment to throw Jokowi out after just electing him in July? Two countries but different reaction and approach to the same problem.

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Thursday, October 09, 2014

When "Menteri-Menteri bongok" wrongly explained as "good for government"

Image that has gone viral

Within the week the fuel rationalisation to raise petrol pump price by 20 sen was announced, two notable Tan Sris expressed an alarming opinion that the government could not be relied upon to help solve many of the nation and rakyats' woes and needs.

One is of the view that government is only there to serve only corporate interest and not "rakyat didahulukan" as per the campaign slogan for GE13. He went on to say that Dato Najib's political fate lies with the upcoming budget, which opposition has already tried to put down.

Wrong budget and it is the end of Najib and BN.

Both the Tan Sris seemed to share a common view that the government is under the power oligarchy of ruling elites, civil and Chinese taukeh which only serves the interest of business and corporate, including government and multinational corporation. 

It must have took the two government loyalist Tan Sris long period of observation to come to that conclusion. The public sentiment arising from the pre-Eidil Adha fuel rationalisation announcement serve to confirm their view.

The perception problem is compounded by "Menteri-menteri bongok", as one Whats App received described, explaining fuel rationalisation and GST as good for government without showing sensitivity to the rakyat.

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Friday, October 03, 2014

Remembering Arafah ...


Time moved so fast that a week past since we returned back from Pengkalan Kubor. It was fast because we were practically sick for a week thereafter.

After two weeks in an oven-like temperature, the cooler Kuala Lumpur weather and the full blast air-con at home instantly affected us with flu. The blocked nose only complicates matters as we are kept in a state of constant drowsiness. That itself is another issue being addressed this week.

Right about when the public attention is on Selangor politics, then the surprised 20 sen fuel hike or termed as fuel rationalisation, we were reminded of wukuf at Arafah today.

Thanks to What App messages from our youngest brother and a friend from Kedah whose performing Haj in Mecca yesterday afternoon. It is customary to seek forgiveness and blessing of those close to us before begnning that once in a lifetime spiritual journey.

How time flies ... because it is already Haj, a ritual we performed three years ago. To read, go back to November 2011 in the monthly archive here. We will be re-reading of our past journey with with sentimental tears flowing in happiness.

If only we could be strong and healthy to be there again....

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Friday, September 26, 2014

Tok Pa's sweet victory


We had an article ready entitled "The Last Stretch", but couldn't load it.

Internet was just 'gampang' and unpredictable in Tumpat. Then, we changed the tittle to "Last 48 Hours" but still couldn't get it posted from deep inside our place in a PAS-laden coastal village.

By the time, we get a good Internet service this morning in Kota Baru at Riverside Hotel, we have to eat our words due to the last pessimistic posting. However, we are only too glad to eat our words. If the last posting had awaken many sleepy eyes, better still.

The campaign started well but was not heading anywhere with too many no(s) and don't(s). BN was not getting it's message across and not even looking defensive. But, we are not saying Tok Pa-led campaign was ill prepared. Hardly, they had prepared well ahead.

Kudos for the win to the Kelantan state UMNO. They took charge of the campaign and at the end, the result worked out and proved many points. It must be a sweet victory to the constantly worried looking To Pa.

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Friday, September 19, 2014

BN looks to lose Pengkalan Kubor


After several days monitoring the Pengkalan Kubor, Kelantan by-election, our hunch is Barisan Nasional could lose their thought-to-be-safe seat. Don't ask us why but ignoring our hunch usually come at a cost.  

It is not that BN or UMNO Kelantan did not prepare and make prior effort before the nomination. They did prepare themselves early to address all campaign promises of the late 3-term state assemblyman, Dato Norzaidi.

In the early stage of the campaign, there was a healthy turnout at the nomination and initial activities. After a week, somethings does not seem right. It does not have that winning feel. All the touching with fence-seaters did not carry much political message.

BN seemed not to be reading and countering PAS strategy.

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Monday, September 15, 2014

Did AG failed to properly advise Najib on the implication of lifting EO?


At the Pengkalan Kubor by-election nomination, PAS sponsored group, Royalti were in red parading  an effigy written the words “Tolak Akta 750”. The group is seeking all states to reject the Malaysia Territorial Sea Bill 2012 or ACT 750 tabled in Parliament on April 18, 2012.

They argued since all law passed and gazetted related to ownership of continental shelf enacted during the period of emergency May 15, 1969 to February 20, 1971, are null and void since the lifting of emergency on November 24, 2011. The law enacted to enable Malaysia conform to UNCLOS, need state endorsement before it could be enforced. [Read Suara Sabah here]

An immediate reply to PAS is needed although Dato Takiyuddin claimed BN would be deemed as contemptuous of the court should they do so. Naturally, they justify their ceramah attack on Petronas as acceptable.  

The Attorney General (AG) may insist that there are Constitutional provisions to allow laws enacted by the Yang Di Pertuan Agong during the NOC (or MAGERAN) period but the damge is done.  The rush for political expediency to lift EO and repeal ISA had left room to dispute the existing equilibrium of law and order.

Was the Government and in particular, AG sloppy and reckless in repealing ISA and lifting the EO in 2012?

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Wednesday, September 10, 2014

Posing questions or intention to slander for corruption?


No doubt as "investigative" blogger, we have expressed our suspicion of corruption, kickback and collusion of certain transactions, especially corporate transactions.

However, it is dangerous to assume without a logical explanation. The explanation must tally with procedures and usual process of tender. Sensible documents be presented to substantiate and it must be sensible.

When it involved government contracts, too often the public and even professionals have a tendency to assume the occurrence of corruption without knowing how the process of awarding contracts are done.

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Saturday, September 06, 2014

Frankly, it is the same ol' shit ... from Amokh


Being critical of Khazanah, we held back our reaction on the announced turnaround plan of MAS by Tan Sri Azman Mokhtar. After many have said their piece of mind like in Rocky Bru's commentary here, it is our turn to do so.

So far, the best description to the plan is by parodying an ole Boh Tea commercial from the 1970s.
"Bukan turnaround, tapi going around and around, bukan Tip saham, bukan kasi Top, bukan Flip, bukan Flop, tapi Flip Flop lagi, bukan shuffle paper, bukan shuffle organisation ... bukan bukan bukan. Tapi kali ini Khazanah investment."
The 12-point plan document produced by Khazanah and announced by Amokh [read here] is filled with verbage of new management terminologies like BPO for outsourcing which gives an impression that something new is being introduced.

From the first glance, anyone whose been following MAS over the last 14 years will immediately realised that it's the "Same ol' shit ... just in a different package" from the same bunch of hogs that put MAS where they are today. Some business reporters that follow MAS agree.

This time, it is no more fair to blame the CEOs. The strategy formulation and planning was done by Khazanah Nasional. They continuously failed to turnaround MAS from the time the Binafikir plan was implimented in 2000.

It is the same bunch of people - Amokh, Tan Sri Nor Mohamaed Yaacob, Tan Sri Mohd Nor Yusof, Tan Sri Azman Yahya, Dato Nazir Razak, etc.

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Wednesday, September 03, 2014

Havoc havoc ... Pakatan riot [up-dated]


Havoc havoc ...

Since Pakatan Rakyat became state governments and more dominant in Parliament, Malaysia is constantly in a state of havoc. It is no more as peaceful as it used to be. Political debate, discourse and quarrel dominate our lives than the agenda to build a nation.

The more liberals would say it comes with the openness and people cannot remain passive and subdued by the authorities. To some extent it is true, but it should be done with maturity and in a peaceful manner.

Conversation on few Whats App groups yesterday was about the absense or more precisely, minimal presence of Chinese at the Merdeka parade. It was as though there is a concerted effort to boycott Merdeka. Maybe Chinese do not like participating in parade.

During the many Bersih demonstrations, one could see Chinese maintained a token presence. The incident of Pasukan Peronda Sukarela (PPS) paraded in Penang but to a waiting police will only deter them.

It is poor taste on the part of police to take in the 154 PPS members on a day to exhibit patriotism and unity as Malaysians.

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Saturday, August 30, 2014

Merdeka! Merdeka! Merdeka!

57 years ago...


Today

57 years later...

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Thursday, August 28, 2014

Edge sued, AWO questioned for "Fotokopi Ekspres"


The Edge Financial Daily face a potential lawsuit of RM100 million from the consortium of Fuel Sub Sdn Bhd, Datasonic Berhad and Pos Malaysia following it's August 19th report, "Cabinet puts fuel subsidiary job award". The said report is available in our August 19th report posting here.

This second lawsuit that received good coverage from mainstream media, print and TV, was reported in Utusan Malaysia. Extract below:
Peguam, Tan Sri Dr. Muhammad Shafee Abdullah yang mewakili konsortium berkenaan berkata, pihaknya turut menuntut akhbar berkenaan mendedahkan sumber yang mendakwa mesyuarat Kabinet memutuskan pelaksanaan rasionalisasi subsidi itu ditangguhkan bagi membolehkan tender terbuka dilakukan.

"The Edge mendakwa mereka tahu keputusan mesyuarat Kabinet. Sekiranya ada kebocoran maklumat, kita mahu tahu siapa yang membocorkan kerana ini adalah perbincangan di peringkat tertinggi dan melibatkan Akta Rahsia Rasmi (OSA)," katanya dalam sidang akhbar di sini hari ini.
The news coverage can be found in the Bulletin Utama dated August 25th here in Tonton.com (7:40).

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Sunday, August 24, 2014

Expect a hung Selangor state assembly


Malaysian Insider highlighted Rafizi Ramli's plea at the PKR party convention to not inconvenient the voters by dissolving the state assembly. [Read here]

His royal highness the Sultan of Selangor returned from abroad yesterday. Unless there is post-phonement till Wednesday's usual audience,  Menteri Besar Tan Sri Khalid is due to have an audience tomorrow.

Will his high royal highness request Khalid to resign following Datin Seri Wan Azizah announcement that she has the numbers and support of PAS's Central Committee?

But, why is PAS calling for a meeting tomorrow?

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Friday, August 22, 2014

Another Nor Mohd Yakcop blunder coming up!


The Edge Review reported that a London panel of arbitration will make a decision on the dispute between Malaysia and Singapore on levy usually imposed by Singapore on the JV company between Khazanah 60% and Singapore's Temasek Holdings 40%.

It is the usual practise for Singapore local authority to charge levy on any development on the island. Malaysia contested the levy and claimed the history of the deal should be the basis for exemption.

The levy could be similar to any payment to local authorities for development and property ownership like quit rent, land premium, etc. Does it mean the practise in Malaysia is for Khazanah to be exempted from such payments to local authorities?

Tan Sri Nor Mohamaed Yakcop will testify for Malaysia.

Well ... if he fail to win, it should not be a surprise. Losing and pocketing public money is nothing new to him. What is a couple of hundreds of million when he has lost billions.

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Thursday, August 21, 2014

China cyber concern


The story on the stolen bank accounts of MH370 passengers made the headline and the couple involved were charged in court yesterday.

It involved a bank officer inside HSBC and her Pakistani husband. The money was channeled to fictitious names of foreigners including a fictitious Chinese national name in a Chinese bank abroad. It was relevent enough for CNN to report [read here].

Less that 15 hours ago,  local and international media were reporting of Chinese hackers getting into the computers of MH370 Malaysian investigators.

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Wednesday, August 20, 2014

Applying Rafizi's logic link Anwar and DAP to Tropicana deal


In our posting, Khalid sold 1,172 acres land for kickback? , the controversial Tropicana land deal was raised. It was mentioned that it was a deal to pay off Tan Sri Khalid's RM67 million loan to Bank Islam.

No it wasn't.

And, this blog did mentioned the possibility that the Bank may have erred when they force sold his shares. In the past, Bank tend to lose when clients raise this as an issue. Our sources with a former Bank Islam top official said the Bank would not have won at the Federal court thus they seek settlement.

Thanks to a tip from an ex-Malaysian Insider, it was found out that the settlement is about RM7 million.
 
Subsequently, the second posting, Royal touch to the Tropicana land deal? wrote of the Chinese business community got wind of the deal and was so upset that it cost DAP the Telok Intan seat.

Were they upset with Khalid or DAP?

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Tuesday, August 19, 2014

RM100 million defamation suit against TMI


The Malaysian Insider was asked to apologise or face a defamation lawsuit of RM100 million from Fuel Sub Sdn Bhd-Datasonic consortium. They are given 48 hours to retract the report or correct an allegedly defamatory report on the bid.

Tan Sri Dr Shafee Abdullah described the proposal from Fuel Sub Sdn Bhd as a private initiative for a directly negotiated contract and it is not a public open tender for it's own reasons.

In a report by The Edge, cabinet was understood to have held back the contract award. Will MI hold back and retract?

Oh by the way, no comment allowed for this posting. Only for this posting.  

Sorry ...

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Sunday, August 17, 2014

Fat lady ain't singing yet


Almost everyone expect PAS's Central Committee (CC) to defy the Spiritual Leader, President, Ulamak Council, Syura Council and grassroot.

They did.

In a decision said to be 10 for and 27 against supporting the President's position, PAS did a U-turn from support to withdraw support for Khalid. Faekah Hussein should start singing for Khalid but she is only feisty but not fat.

The physically well endowed Ampang Parliment Member cum Woman's Wing Chief for PKR, Zuraidah Kamaruddin is unlikely to sing too. Her come-from-behind push for Azmin Ali has suddenly received a new burst of life.

In a seemingly defiant act against their elders, PAS's CC suggested for Datin Seri Wan Azizah and also Azmin Ali. PAS can find some fat Muslimah to sing for PAS's game is over for now.

The ball have been lobbed back to PKR's court.

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Saturday, August 16, 2014

Khalid's corporate move to de-register PKR


At yesterday's open house, the Selangor leadership crisis was the conversation of the evening.

The latest move by Dato Seri Anwar Ibrahim's boneka, Datin Seri Wan Azizah Wan Ismail to get 30 statutory declaration of support puzzled everyone as to why Tan Sri Khalid Ibrahim wants to stick around.

The answer is he wants to take it to the Assembly to do a vote of no confidence on him. All one need to do is to read back history on the Ming Court incident in 1984. It was an attempt to topple Sarawak's then Chief Minister, Pehin Sri Taib Mahmud.

All had gathered at Ming Court and as one old journalist who witnessed it described, "We have the numbers!" to requote Anwar's words used again by Wan Azizah. But, when it was near the time to do a vote of no confidence, there was no motion to do so.

Frankly, any "surat sumpah" used by Pakatan Rakyat politicians in their game of perception is as good as "sampah". Remember how the late PI Bala flip flop on his Statutory Declarations and Deepak too on his statements.

Another answer lies in Khalid's own words to want to cleanse his name.

And, one interesting part, which not many players, from both side of the fight - in PKR and Pakatan Rakyat (no blaming UMNO cause they don't bother) - did not realise is that Khalid is not playing politics but his approach is typical in a corporate board room tussle.

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Wednesday, August 13, 2014

Monkey waiting for cheap peanuts


In the good old days of profitability, MAS would serve cakes or cookies as the first meal to help passengers adjust to the new air pressure around them.

Since MAS fall into the hands of Tan Sri Azman Mokhtar when he was at Bina Fikir and then later into the Khazanah Nasional he headed since, passengers were served only peanuts and fruit juice.

Even that there is a jungle Monkey waiting outside quietly supportive of Khazanah another sure-to-fail-again turnaround effort. The animal has no business to comment but it did.

Good thing that Tun Dr Mahathir commented something yesterday. Otherwise, no one realise there is a jungle Monkey waiting for the Zookeeper to giveaway cheap peanuts.

Who would likely be that Zookeeper?

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Tuesday, August 12, 2014

Basically, Tun M said Amokh is incompetent


MASEU Executive Secretary, who is the supporter and henchman in the union for con turnaround specialist that repeatedly failed at MAS and Pemandu, Dato Idris Jala spoke again.

Again, he is missing the leaves from the tree to repeat his blame and call for CEO Ahmad Jauhari resignation.

He is still not addressing the real problem. What do can you expect from typical self serving and populist union officials. To paraphrase former American President Bill Clinton, it is Tan Sri Azman Mokhtar and Khazanal Nasional la ... stupid!

And, one clever statesman realised the validity in the argument of this blog's previous postings on MAS.

We reproduce the statesman's latest comment in his blog on the MAS privatisation or as he pointed out, it is nationalisation. Must be a wrong advise from a stupid overpaid and over rated Investment Banker.

Wonder who ....?

Click Here to Read More..

Saturday, August 09, 2014

Rush to sack Khalid foiled [up-dated]


His Highness the Sultan of Selangor is due to berangkat overseas from August 12th to 24th.

From all the moves of Dato Seri Anwar Ibrahim, he wants to get his wife's appointment as Menteri Besar of Selangor as soon as possible before his highness leaves.

Without a royal consent, the state assembly could not convene, the dismssal of Tan Sri Khalid Ibrahim as Menteri Besar through of vote of no confidence could not be done, and planned appointment of Datin Seri Dr Wan Azizah Wan Ismail will not happen.

Anwar had planned to get Khalid sacked by the 10th tomorrow. That way PAS has no option but to accept PKR decision to submit Wan Azizah's name to his highness. However, Khalid has made his move.

Click Here to Read More..

Friday, August 08, 2014

Is MoF Inc taking over MAS?


Bump into a friend at KLCC who told us that Khazanah is waiting for several proposals on MAS.

Our immediate response, "Not the same stupid game! Last time around Khazanah manipulated the share prices up to sell Proton at a premium to Syed Mokhtar."

Khazanah idea of turnaround is to repeatedly fail in all their turnaround effort.

Someone must check all their Sendirian Berhad start-up companies. Bet 90% of all the ventures spearheaded by the textbook understanding of Analyst/Fund Manager Azman failed too.

By right, Securities Commission should investigate Tan Sri Azman Mokhtar for rigging Proton shares then. Obviously not.

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