Wee Choo Leong Banner-01

SC should investigate whether there were insider trading on AirAsia’s shares

[Updates:  As at 4 pm today (12-8-2011) the price of the AirAsia’s was traded at RM3.48. Prior to its suspension on 8-8-2011 the said share has hit an unprecedented high of about RM4.10 on Friday (5-8-2011 – 2 days before it was suspended from trading pending the formal announcement of the so-called share swap agreement being reached) only to be closed at RM3.95. 

Ever since the lifting of the suspension of trading of AirAsia’s share, it has lost almost 50 Sen, equivalent to about 13%, as at 4 pm today. I believe that it will go down further in days to come.  As I have said before, the AirAAsia share has been bullish since 21-7-2011.

I am certain that the whole transactions of the said AirAsia’s shares for the last few days were on the computer screen of the Security Commission and the record of which can be easily ascertain by the Security Commission. Food for thought for the Security Commission.]

Since 21-7-2011 AirAsia’s shares have been on the unprecedented upbeat hitting as high as RM4.16 per share, in HERE, and MAS registered a movement between the range of 40 Sen, in HERE.  On Saturday the 6-8-2011,The Malaysian Insider, published a sources story with clinical accuracy and perfect timing, in HERE.  On Friday, one day before that spot on sources story by the said Malaysian Insider, AirAsia’s share closed at RM3.95, in HERE, and MAS RM1.62. On Monday 8-8-2011 (2 days later) after the publication of that famous sources story both AirAsia and MAS were suspended from trading. How coincidental!

Read more

Now Everyone Can Take Over Control of GLC!

At long last, the sources story became a reality. The news portal and mainstream newspapers must have received the news from an extremely reliable source. Perhaps from the players directly.  So the AirAsia/MAS share swap has been sealed at long last. At whose interests? MAS or AirAsia?

Read more

YB Senator Datuk Idris Jala: Is this AirAsia/MAS share swap an indirect bailout?

The MAS/AirAsia share swap deal:  “AirAsia’s Fernandes to gain 20% stake in national carrier”.  The front page sources story in the Star today.  “Fernandes declined to comment when asked about the deal.”, so says The Star.  This was not what we know of Tony Fernandes, who loves publicity and is well known to jump on anything to say his bit to enhance his image. Read HERE.

This “share swap deal” is a joke of the century.  It would appear that now AirAsia, which has been known to have the special “abilities” to owe airport taxes to the tune of more than RM125 million since it inception until 2010, has been made out to look like a white knight for MAS.

THE PERTINENT QUESTION NOW IS: IS AIRASIA BAILING OUT MAS OR MAS HAS BEEN USED AS A VEHICLE TO BAIL OUT AIRASIA?  Your views please, YB Senator Datuk Idris Jala, the former CEO of MAS, on this issue. 

Please read further.  I leave it to you to judge.

Read more

“THE GOOD DO ALWAYS EVENTUALLY WIN,” said Datuk Seri Tony Fernandes

On 24-01-2011 after the hearing of the Lotus dispute in the High Court in London was adjourned and 10 days full trial was fixed for March 2011,  Datuk Seri Tony Fernandes immediately sent a message on Twitter as follows:

“Very very happy over the judgment today.” “And extremely happy that full trial brought forward to 21 March. The good do always eventually win.”

Read more

Non-Malays will take over Kampung Baru, warns PAS MP

Non-Malays will take over Kampung Baru, warns PAS MP

December 28, 2010 report by MalaysianInsider
 

Gambar fail Dr Lo’ Lo’ Ghazali

KUALA LUMPUR, Dec 28 — PAS MP Dr Lo’ Lo’ Ghazali has warned that the non-Malays would take over ownership of the Kampung Baru Malay enclave here once the Malay Agricultural Settlement (MAS) administration board is dissolved next year, HERE.

Read more

Parliament Questions Time, 21 June 2010

Adakah keselamatan setiap pesawat penerbangan tambang murah yang beroperasi di LCCT atau berlepas dari LCCT di audit secara berterusan oleh Jabatan Penerbangan Awam (DCA)…?

Pemberitahuan Pertanyaan Jawab Lisan Dewan Rakyat

Soalan No. 54

Tuan Wee Choo Keong [ Wangsa Maju ] minta Menteri Pengangkutan menjelaskan adakah keselamatan setiap pesawat penerbangan tambang murah seperti AirAsia, Jetstar, Tiger Air dan lain-lain yang beroperasi di LCCT atau berlepas dari LCCT di audit secara berterusan oleh Jabatan Penerbangan Awam (DCA) sebagaimana kesemua pesawat penerbangan antarabangsa termasuk MAS yang bernaung di bawah IATA diaudit secara berterusan oleh IATA Operational Safety Audit (I.O.S.A). Jika ada, apakah prosedur auditing dan berapa kerapkah pesawat penerbangan tambang murah ini di audit oleh DCA?

Read more