Wee Choo Leong Banner-01

AJ’s “THOUGHTS” on the unwound share swap and “COST SAVING”

Perhaps AJ does not understand the history and meaning of MH. It is Malaysia Hospitality and not “Musnah Harapan”.

Updates @ 7:30 pm on 7-5-2012:  En Aziz Bakar, the Chairman of AirAsia, has been quoted to have said today in Bernama that “Both airlines are looking at the right module and proposals on collaboration after the swap deal was dropped. We are creating a win-win situation. To us at AirAsia, whatever we do must be a win-win scenario, whether its a share swap or collaboration. If not why would we want to sign in the first place.”, in HERE.

It would be interesting to know En Ahmad Jauhari Yahya (AJ)’s “thoughts” about the said secret share swap and from his thoughts we could see what his so-called “Business Plan” was all about: Whether AJ’s “Business Plan” is to save MAS or AirAsia? Below was AJ’s latest circular:

Read more

“Perompak-perompak Negara” – Part 1

Yours truly speech during the debate on Akta Pasaran Modal dan Perkhidmatan 2007 on 19-4-2012. Below is the verbatim report in the Hansard.

Read more

Shane Nollan, Rozman Omar & Azhari Dahlan are tainted with glaring “CONFLICT OF INTEREST”

Updates @ 10:00 pm on 16-4-2012: From 3 pm to 6 pm today (16-4-2012) Mr Ignatious MC Ong, the MD of Firefly, had a meeting with the

Rashdan’s AA Agendas under CCF!

14-1-2012 The Edge Interview with Amok's most trusted crony, Rashdan

En Mohammed Rashdan Rashdan aka Danny (Rashdan), was Tan Sri Azman Mokhtar (Amok)’s ex-business partner in BinaFikir Sdn Bhd.  Rashdan is also the known most trusted crony of Amok.

Read more

“Rashdan to exit gracefully!” said MESA of MAS

Left: Tan Sri Azman Mokhtar and his trusted crony, Rashdan, the Deputy Group CEO of MAS that has been caught upgrading his maid and baby to First Class Cabin in MH 122 on 1-1-2012

Updates @ 2 pm 15-4-2012: “Danny-Nanny scandal turn into Reign of Terror” a must read article by ABITW in HERE.

Yesterday (13-4-2012) MESA Union of MAS has sent an e-mail to Tan Sri Md Nor Yusof (Md Nor), the MAS  Chairman and also one of  the brains behind the project known as “Widespread Assets un-Bundling” ( “WAU”) in 2002 / 2003 when he was the MD of MAS. It was under WAU that on 25-9-2003 Md Nor caused MAS Catering Sdn Bhd to be sold to the former PM, YB Tun Abdullah Hj Ahmad Badawi, brother’s (Datuk HJ Ibrahi Hj Ahmad Badawi) company and on the same day Md Nor secretly signed a ONE SIDED catering and other services agreement with MAS Catering Sdn Bhd for 25 years costing MAS RM6.25 BILLION!  The name of MAS Catering Sdn Bhd, which was set up in the 1970‘s, has been changed to LSG Skychef Brahim’s Sdn Bhd, in HERE.

Read more

“NOW EVERYONE CAN FLY MAS WITH LOW COST FARE” – Part 1

The architects of the MAS-AirAsia share swap and CCF

Updates 2 11:30 am 12-4-2012: Apparently the Special Rate Fare charged to AAX is ALL inclusive of the Airport Tax, Emission Tax for London and Paris sectors and Fuel Surcharge.  After the deductions for the taxes and Fuel Surcharge, the fare KL – London will be left with RM500  for MAS to cover its fuel cost!  It is definitely a rewarding deal to some! But losses to MAS. 

In Utusan on 12-4-2012, MAS latest promotions in to Hong Kong fare at RM809, Jakarta RM609 and Ho Chi Minh City RM709. Just compare them to the Special Rate Fare to London that MAS only received a mere pittance of RM500 for up-lifting AAX passengers.

 AJ has proudly told the MPs during the briefing on 26-3-2012 that AAX has paid RM20 Million to MAS as deposit. The RM20 million only covers an average cost of about RM570 per AAX passengers!  

_________________________________________________

The share swap deal between Malaysia Airlines (MAS) and AirAsia has been a rewarding experience to date with good progress achieved in respect of collaboration, says AirAsia Bhd Group Chief Executive Officer, Tan Sri Tony Fernandes. 

Read more

AJ & Rashdan: “What cost cutting?” Part 6 – PlaneConsult fees RM2.8 mil!

Mr Connors McCarthy, the co-founder of AirAsia and Chairman/MD of PlaneConsult - the glaring evidence of CONFLICT of INTEREST

Updates @ 7:00 pm 9-4-2012: Parliament will only end at 10:30 pm tonight. YB Datuk Bung Moktar, MP for Kinabatangan told yours truly at 4:05 pm that he said “The Briefing of MP by MAS on 26-3-2012, he said that if the turning around Business Plan is genuine then he will salute AJ and the others and that he strongly opposed the CCF and the way it was implemented by the TRIO. He also asked for another briefing for AJ to bring along Tan Sri Tony Fernandes to brief the MPs. He hopes that AJ will organise a anther briefing as soon as possible”  YB Datuk Bung Moktar has asked yours truly to inform MAS staffs and put on record accordingly. Thus this updates.

A new posting will be posted later tonight regarding what had happened in Parliament where several MPs have spoken up against the CCF, the procurement contract between MAS and LSG Sky Chef Brahim Sdn Bhd, ex and present DCA Inspectors doing part time piloting work for AA without APTL License or with Honorary APTL License,  En Azhari position without Nominated Post Holder and etc. Yours truly held a press conference regarding the conflict of interest on the part of PlaneConsult, Mr Shane Nollan and Connor McCarthy. Stay tune.  

En Ahmad Jauhari Yahya (AJ) and En Mohammed Rashdan Yusof aka Danny (Rashdan) have jointly appointed PlaneConsult as the consultant of MAS effective from 16-1-2012 to 30-4-2012.  Please read in HERE.

Read more

AJ & Rashdan: “What Cost Cutting?” Part 2 – PlaneConsult

Updates @ 1:30 am on 15-3-2012: PlaneConsult is not the only consultant firm hired by MAS. Ernst & Young is another consultant firm that has been appointed to teach MAS Corporate Division how to do their work. It seemed that AJ and Rashdan, Amok’s crony and ex-business partner in BinaFikir Sdn Bhd, are heavily relying on consultants to do the thinking for them. It has been for some weeks that “two young sweet little” officers from Ernst & Young are in MAS Corporate Division. Quite frankly, it is a case of teaching “grandmothers how to suck eggs”.  MAS had to pay good money as salaries and perks to these two handpicked “corporate gurus” by Tan Sri Azman Mokhtar and yet they needed consultants to think for them. It is laughable.

Under the circumstances, saving MAS is a foregone conclusion! Perhaps it is also a case of “Kepimpinan Melalui Tauladan”. Under Tan Sri Azman Mokhtar leadership, it has became Khazanah’s culture to engage consultant firms to think for them. The Government must account to Parliament what is the total payment made to consultant firms during Tan Sri Azman Mokhtar’s reign In Khazanah from June 2004 until today.     

Updates @ 6:45 pm on 14-3-2012: YB Datuk Nancy, Batang Sadong MP, criticised the MAS – AirAsia share swap and CCF and called for the Government to reverse or cancell the them forthwith as it was not in the interest of the country.  Yours truly believes that there will more MPs calling for the said share swap to be reversed as it was a failure from day one. It is hoped that Tan Sri Azman Mokhtar, MD of Khazanah and the ex-business partner of Rashdan when they were together in BinaFikir Sdn Bhd, will take note. 

Cost cutting to turn around MAS said the TRIO. The TRIO consists of En Ahamd Jauhari Yahya (AJ) Group CEO of MAS, En Mohammed Rashdan Yusof aka Danny (Rashdan), who is Tan Sri Azman

Read more

Perjanjian MAS, AirAsia batal?

Tan Sri, who is your "winner" in the secret share swap?

Updates: 12-03-2012 @ 9:15 pm:  TV3 prime time news at 8:00 pm also gave a lengthy report with regards to the news of “reversing or cancellation” of the secret MAS-AirAsia share swap and CCF. Of course, Khazanah headed by Tan Sri Azman Mokhtar, the ex founder of BianFikir Sdn Bhd refused to comments on the news. Tan Sri Tony Fernandes of AirAsia Bhd, AirAsia X Sdn Bhd and Tune Air Sdn Bhd has tweeted to say that he was not aware of the said news.

Yours truly has read an interesting article in Utusan today at page 18 with the headline “Perjanjian MAS, AirAsia batal?”. It said “sebelum ini, pertukaran saham antara syarikat penerbangan itu menimbulkan banyak polemik sehingga Suruhanjaya Sekuriti (SC) dan Bursa Malaysia terpaksa menjalankan siasatan.” The most interesting of all is “… bahawa kerjasama hanya memberi keuntungan besar kepada AirAsia.” (“… that the said co-operation only benefited AirAsia.”). Please read  in HERE, HEREHERE, HERE & HERE

Read more

AJ & Rashdan: MAS or MAS management is in crisis?

The ex-business partners in BinaFikir Sdn Bhd

Updates 6-3-2012: Apparently there was no due diligence carried out before inking in the much talked about secret MAS-AirAsia share swap wrote Outsyed The Box. Well, on 14-8-2011 five days after the said secret share swap agreement was inked by Tan Sri Azman Mokhtar, MD of Khazanah Nasional Bhd (Khazanah) and ex-business partner of En Mohammed Rashdan Yusof aka Danny Boy, Tan Sri Azman Mokhtar admitted to the bloggers on that very night that the option to purchase the 10% share of AirAsia X Sdn Bhd was a “DODGY DEAL”. Despite it was a “dodgy deal” Khazanah went ahead to appoint Morgan Stanley Investment Banker to evaluate the share of AirAsia X Sdn Bhd. By now Khazanah may have had exercised the the said 10% option. Typical of the people from the famous “Bina Tak Fikir”. Yours truly will try to get answers about this “DODGY DEAL”  from Parliament when Parliament is in session commencing March 12, 2012.  Read HERE for the article: AirAsia “Now Everyone Cannot Fly” , “Is AirAsia that cheap?” by the Mole in HERE and HERE.

On 1-3-2012 En Ahmad Jauhari Yahya (AJ), the MAS CEO, and his deputy, En Mohammed Rashdan Yusof aka Danny (Rashdan), the ex-business partner of Tan Sri Azman Mokhtar (Amok) in BinaFikir Sdn Bhd, have proudly announced that MAS posted RM2.5 bilion losses for year ending 2011. AJ also said that MAS is in crisis! Perhaps it is a case of MAS management is in crisis because they are clueless about the aviation industry. Please read in HERE for the press report

Read more