7 reasons against the secret MAS – AirAsia share swap
Wee Choo Keong
Deputy Finance Minister told Parliament: MAS-AirAsia share swap based on share price on 5-8-2011
YB Datuk Awang Adek, the Deputy Finance Minister told Parliament during Questions Time that MAS – AirAsia share swap of 20.5% MAS share against 10% AirAsia Bhd was based on closing price of both share counters on 5-8-2011. The Deputy Minister also told Parliament that said share swap was all about “KERJASAMA”/Co-operations between the two airlines. But he could not elaborate what he meant by “Kerjasama”/co-operation. He also said the public will be told of the “Kerjasama” from time to time. Why from time to time? Why not do a tell-all now. Are there anything to hide, Mr Deputy Finance Minister?
MAS Union to send letter to PM to oppose the secret MAS-AirAsia share swap
[caption id=”attachment_8399″ align=”aligncenter” width=”200″ caption=”Tan Sri Tony Fernandes, accompanied by Datuk Nazir after the signing ceremony.
Thank you Warga Wangsa Maju & others, all of you have made the open house a memorable event
Thank you Warga Wangsa Maju and other Malaysians, all of you have made the Raya open house a memorable event for all.
Tan Sri Nor Yacop & Azman Mokhtar: Wake up & learn from Tan Sri Abdul Aziz
Parliamentary Questions For October Session 2011
Updated on 22-9-2011 @ 6:10: Please go to Outsyed The Box to read “7 reasons why Khazanah should not undertake the share swap between MAS and AirAsia by troubleshooter”. It is very interesting to read the seven reasons in the said article. Perhaps YB Tan Sri Nor Mohamad Yacob, the former very powerful Minister of Finance II under the Badawi’s Administration, Tan Sri Azman Mokhtar, the MD of Khazanah, Tan Sri Md Nor Md Yusof, the then MD of MAS during the famous WAU and the newly crowned Chairman of MAS after the secret share swap, En Mohammed Rahsdan Yusof, co-founder of BinaFikir Sdn Bhd with Tan Sri Azman, Datuk Azman Yahya, the reappointed MAS director of Scomi fame, can learn a thing or two from the said articles. After reading the said article, it is hoped that the abovenamed personalities will see the light and stop the secret share swap and reverse all the recent decisions that were detrimental to MAS/Firefly i.e. cancelation of Firefly’s full load flights during festive season, termination of Firefly’s profitable routes from JB to KK and Kuching, the RM18 sponsorship of home jersey for QPR, and the most recent termination of MAS profitable route from KLIA to Bandung (Indonesia) and others that have not been exposed. Please read HERE.
Soalan-solan untuk jawapan lisan Sessi Parlimen bermula Oktober 2011
Soalan-soalan versi Bahasa Ingeris di bawah.
1. Tuan Wee Choo Keong [Wangsa Maju] meminta Menteri Kewangan menyatakan:
YB Tan Sri Nor Yakop and Tan Sri Azman Mokhtar: It is never too late to say “NO”!
Updated @ 9:55 pm on 20-9-2011: MAS has terminated its service KLIA – Bandung – KLIA as from 4-10-2011. Please visit the MAS website and see for yourself in HERE. This is another profitable route that has been terminated by this whizz kid En Mohammed Rashdan Yusof and his management team. The profitable routes of JB – KK & Kuching – JB were also terminated from 15-9-2011. During the recent Hari Raya season, several Firefly full load flights were also canceled. The new Managing Director should now reviewed all decisions taken by this whiz kid Rashdan and his management team. He should immediately stop this whiz kid Rashdan from running “Amok” in MAS before its too late.
Yours truly has received three comments yesterday evening at 6:14 pm, 6:17 pm and 6:25 pm. First comment under the name of DC with the e-mail address of uijencheah@gmail.com and the subsequent two under the name of PuteriWangsaMaju with the e-mail address of proud2bemalaysian@gmail.com.
All the three comments were from the same IPP address: 203.142.32.113 They were from the same person with different names. The comments are reproduced below.
YB Tan Sri Nor Yakob and Md Nor: How much did MAS sell the 70% of MAS Catering?
Tan Sri Md Nor Md Yusof (the architect of WAU), YB Tan Sri Mohamad Nor Yacob (the then Minister of Finance II, who was in charged of Khazanah under Badawi’s administration), Tan Sri Azman Mokhtar and the whizz kid En Mohammed Rashdan Yusof, the then consultants from BinaFikir Sdn Bhd) must clarify what was the selling price of the 70% share of MAS Catering Sdn Bhd (MCSB) to Gubahan Saujana Sdn Bhd (GUBAHAN). The answer will clarify what your truly had posted earlier regarding the sale of MAS Catering Sdn Bhd. Please read in HERE.
Tan Sri Nor Yakop, Tan Sri Azman, Rashdan & Tan Sri Md Nor: Spare YAB PM, Please!
The sudden announcement of the secret MAS – Air Asia share swap was a repeat of the sale of the 70% of MAS Catering Sdn Bhd (MCSB) some eight years ago in 2003, aka “Golden Era” for the lucky few!. The said sale of MCSB was sealed during the time of DATO’ MD NOR bin MD YUSOF (as he then was), the then the Managing Director of MAS. He was also instrumental in the commissioning of BinaFikir Sdn Bhd to restructure MAS under the pretext of transforming MAS into an “asset light airline” under the project name “Widespread Assets Un-Bundling” aka “WAU”, in HERE. WAU! MAS definitely got lighter and lighter after being WAUed by the Bina dulu, tak Fikir langsung!