| NST Business reported 25-7-2013 that Maybank Investment Bank Bhd has purchased 5.49 million shares in AirAsia X Bhd yesterday to stabilise the stock’s price. The company told Bursa Malaysia yesterday Maybank IB had purchased the shares at RM1.25 each HERE. |
In April 2012 the top management of MAS was seemingly busy with the great ideas of turning around MAS with equally great plan to block internet mail access.
The highly acclaimed journalist of the Business Star aka the promoter for AirAsia, B K Sidhu, on 18-6-2013 wrote in her column prior to the closing of the AirAsia X Bhd IPO that AirAsia X IPO will be over-subscribed by THREE to FOUR TIMES! For full report in HERE and article in HERE.
AirAsia has been complaining so much about the delay and the escalating costs of KLIA2. The said complaints were highlighted by YB Tony Pua as usual. Please “Tony Spins, Tony takes it up”.
Wishing all my Muslim readers “Selamat menjalani ibadah puasa” during this holy month of Ramadhan.
After the meeting between YB Datuk Palanivel, our Environment Minister, and Balthasar Kambuaya, of Indonesia on 26-6-2013 (Wednesday), this was what YB Datuk Palanivel the GREAT has been quoted to have told the press in Indonesia:
“Malaysia has expressed the hope that government officials from both countries could work constantly in monitoring and checking the hot spots, especially during the dry season, to prevent forest and peat fires which contribute to the haze problem,” Natural Resources and Environment Minister G. Palanivel told reporters after meeting Indonesian Environment Minister Balthasar Kambuaya.”
Updates on 23-6-2013 @ 9:45 pm: Asia Pulp & Paper aka APP is a Singapore based company. It is founded by Eka Tjipta Widjaja, who had significant tie to the family of the ex-President of Indonesia, the late General Suharto. It was known to have appointed the PR firm Ogilvy & Mather to improve on its green image. The background of APP is in HERE.
Asia Pacific Resources International Holdings Limited, aka APRIL, is a developer of fibre plantations and the owner of one of the world’s largest pulp and paper mills with operations mainly in Indonesia and China. APRIL is part of the Indonesian Raja Garuda Mas Group and owned by Indonesian business man Sukanto Tanoto living in Singapore. Raja Garuda Mas Group or conglomerate RGE Royal Golden Eagle or Royal Golden Eagle International (RGEI), is a holding company with its activities ranging from paper,palm oil, construction, and energy business sectors, owning papermaker April and palm oil firm Asian Agri. It is believed to be also well connected in Indonesia. It has been reported that APRIL is related to one of the eight companies involved in the open burning in RIAU recently, in HERE. The background of APRIL is in HERE.
The Indonesian Environment Minister, Hon Balthasar Kambuaya, told a press conference in Jakarta today that “A preliminary report of an investigation conducted by the Environment Ministry has indicated eight palm oil plantation companies belonging to Malaysian investors involved in land burning in Riau.
