AirAsia Bhd
AirAsia Bhd & AirAsia X Sdn Bhd kept RM6.895 millions of unclaimed Airport Tax
AirAsia Bhd and AirAsia X Sdn Bhd, formerly known as Fly Asian Express Sdn Bhd a.k.a FAX of Rural Air Services (RAS) fame, kept the unclaimed Airport Tax for the no-show passengers where both companies have forfeited their fares. By right both companies should immediately refund in full the collected Airport Tax the moment they forfeited fares of the no-show passengers.
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?
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.
Khazanah: AirAsia X Sdn Bhd is a 31.7% foreign owned company with a recorded loss of RM89.935 millions!
Perhaps on 8-8-2011, when Khazanah Nasional Bhd thumb printed its intention to purchase 10% of AirAsia X Sdn Bhd, as part of its attempt to save MAS from imminent collapsed, and commissioned Morgan Stanley Investment Bank to do a valuation of AirAsia X Sdn Bhd, it was totally ignorant of the corporate structure of AirAsia X Sdn Bhd that:
a. 31.7 % of its shares are foreign owned; and
b. sustained a loss of RM89, 835, 000-00 as recorded with the authority and etc.
Khazanah: Who are the business partners of Tony in AsiaAsia X, a private limited company?
In the Inquire Business report 0n 7-8-2011 quoted Tan Sri Tony Fernandes and his partner to have said in a joint statement that
“As the major shareholders of AirAsia Bhd and AirAsia X Sdn Bhd (which operates long-haul budget flights), we are committed to increasing shareholder value in both our core investments by continuously exploring various opportunities to enhance our franchise,” in HERE. The emphasis is mine. From this joint statement it was crystal clear that Khazanah Nasional Bhd, as the majority shareholder of MAS appeared to be very desperate to buy a franchise for these “special” brand names AirAsia and AirAsia X from Tan Sri Tony Fernandes and his business partners. With the pace and the way in which this so-called share swap was concluded with such utmost secrecy gave the impression to all Malaysians that Tan Sri Azman Mokhtar, Mohammed Rashdan Yusof and especially YB Tan Sri Nor Yacob, the Minister of Finance II under PM Abdullah Badawi were TOTALLY unaware of the Malaysian business partners of Tan Sri Tony Fernandes’ lucrative aviation business.