AJ briefed PAC on 21-11-2011 about “HIS” New Business Plans to save MAS.
WAU! AJ briefed PAC: Firefly loss RM89 mil & CCF
AJ briefed PAC on 21-11-2011 about “HIS” New Business Plans to save MAS.
BinaFikir Sdn Bhd
PAC investigations commence on 22 November 2011
In respond to yours truly question, YB Datuk Azmi Khalid, the Public Account Committee (PAC) Chairman, told Parliament yesterday that PAC has decided to investigate into the secret MAS – AirAsia share swap. Yours truly has been informed that PAC will commence its investigations into the said secret share swap on 22 November 2011. Hopefully something good will come out of this investigations for the rank and file employees of MAS and the nation.
PAC to investigate into the secret MAS-AirAsia share swap
During the Committee Stage of the Budget Debate this evening (2-11-2011), yours truly had to bring up the secret MAS-AirAsia share swap again because the Minister of Finance II did not answer the points raised during the Budget Policy Debate.
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.
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!
Rashdan: Do you know about the RM50 ancillary charges imposed by the so called “No Frills” AirAsia
Please look at the list of unreasonable charges imposed by AirAsia, hailed by Tan Sri Tony Fernandes as “No Frills Airline”. What a good lobbyist!
MAS Unions to protest against the secret MAS AirAsia share swap deal
PETALING JAYA: Three unions in MALAYSIAN AIRLINE SYSTEM BHD (MAS) representing about 15,000 employees will hold a picket over the national carrier’s share swap exercise with AirAsia.
Greetings from Khazanah: Fly AirAsia fly
Updated 06-09-2011 @ 11:30 pm: It was a known fact that MAS set up Firefly to provide an alternative to AirAsia and AirAsia X Sdn Bhd previously known as Fly Asian Express Sdn Bhd aka as FAX. Remember in 2006/2007 FAX snatched Rural Air Services (RAS) from MAS during Tun Abdullah Badawi’s administration and received … Read more
Khazanah: “MAS-AirAsia share swap a case of “BINA” first and “FIKIR” later?
I would like to share the comment below with all the readers with regards to this so-called “MAS-AirAisa share swap”, which was shrouded with secrecy. Khazanah Nasional Berhad is still thinking about buying the 10% share in AirAsia X Sdn Bhd. Khazanah has appointed Morgan Stanley Investment Banker to do a valuation on AirAsia X Sdn Bhd, which has posted losses amounted to almost RM90 million. Read HERE, HERE, HERE, HERE, HERE, HERE, HERE, HERE, HERE.
WAU! What a rosy report on MAS!
I read with great admiration the report card of BinaFikir Sdn Bhd with regards to the “Widespread Asset Bundling” (a.k.a. as “WAU”) restructuring of MAS. Incidentally, Tan Sri Azman Mokhtar and Mohammed Rashdan Yusof were co-founders of BinaFikir Sdn Bhd. During the WAU exercise, Tan Sri Mokhtar was the Managing Director and Mohamamed Rashdan Yusof was the chairman of BinaFikir Sdn Bhd.