Wee Choo Leong Banner-01

Maybank Bhd

Wheeling & Dealing in MCMC? Part 1 (Orenda Kuantum Digital)

Yg Bhg Dato Mohamed Sharil Mohamed Tarmizi, formerly the Executive Director and Head of Strategy of BinaFikir Sdn Bhd.
Yg Bhg Dato Mohamed Sharil Mohamed Tarmizi, the former Executive Director and Head of Strategy of the famous company BinaFikir Sdn Bhd, and a very able Chairman of MCMC

 

It is most refreshing to learn that now Malaysians do know the so called “governance structure” that exist in MCMC on their procurement policies.  Of course prior to this, you all and yours truly are not privy to such policies nor we rub shoulders with the mighty powers within MCMC.

Read more

Datuk Ibrahim Ahmad Badawi: “We want to work with MAS.”

Datuk Ibrahim bin Ahmad Badawi: “We want to work with MAS”.

On 26-10-2012 Datuk Hj Ibrahim bin Hj Ahmad Badawi, the brother of the former PM (YB Tun Abdullah Badawi) and also the Executive Chairman and majority shareholder of Brahim’s Holding Bhd (Brahim’s Holding) was quoted by the Star to have said: “We want to work with MAS.” For the full Star report read in HERE.

Read more

How MAS was “WAU-ed” under Tan Sri Md Nor

The Happy family. Tan Sri Md Nor, 4th from left in pic. Look how happy he was. He must be thinking of WAU-2!

Updates @ 6:45 pm on 21-3-2012: On 26-3-2012 at 1 pm A few of the members of the top management of MAS are coming to Parliament House to brief the BN Backbenchers Club (BN MPs) on the status of the MAS Business Plan. First and foremost, what Business Plans? It was a plan to import more and more AsiaAsia staff into MAS and to make life difficult for MAS Staff and etc. 

Md Nor and the other cronies should have a Town Hall meeting with the stakeholders i.e. the MAS staff to explain what they have been doing and what PlaneConsult and Mr Shane Nollan have been doing in MAS. They should tell MAS staff how many AirAisa X Sdn Bhd passengers have been lifted by MAS with “ZERO FARE”. 

How much consultancy fees that MAS paid to BinaFikir Sdn Bhd, which was owned by Amok and his crony, Rashdan, at the time of “WAU”? Md Nor should provide details of how MAS sold MAS Catering Sdn Bhd to a company owned by the brother of Tun Abdullah Badawi when he was the PM and MAS Komplek in Sepang was sold to Assets Global Network Sdn Bhd? Md Nor should also provide detail costings of the 25 years agreement and 57 lease agreement? 

It is too late to do damage control now because the MPs are all aware of the nonsense in MAS. Last session there were more than 50 MPs who spoke about this dirty share swap and CCF. There are more MPs speaking against it this time. Yours truly has been informed that Minister of Finance II, YB Datuk Husni was the Minister that help them to organsie this meeting to brief the MPs.

Yours truly would not have written this piece had Tan Sri Md Nor Yusof (Md Nor) didn’t try to be show that he is after all a crony by jumping in to blindly defend Tan Sri Azam Mokhtar (Amok) crony, Rashdan and En Ahmad Jauhari Yahya (AJ) in HERE.

Read more

Petition Campaign: “HENTIKAN KEMUSNAHAN MAS”

The logo for the Petition Campaign against the MAS - AirAsia share swap & CCF

Yours truly has been alerted by Anak Malaysia that a Petition Campaign has been launched against the secret MAS-AirAsia share swap and the “Comprehensive Collaborative Framework” (CCF). The said secret share swap and CCF were the brainchild of Tan Sri Azman Mokhtar, the MD of Khazanah Nasional Bhd, and his ex-business partner of BinaFikir Sdn Bhd and crony, En Mohammed Rashdan Yusof a.k. Danny (Rashdan). After a short span of 8 years BinaFikir Sdn Bhd was sold to Maybank Bhd for a whooping RM8 million! 

Read more

Questions time 9-11-2011: MAS sold 70% of MAS Catering & signed a 25 year exclusive contract

09.11.2011

Y.B. TUAN WEE CHOO KEONG [ WANGSA MAJU ] minta MENTERI KEWANGAN menyatakan:-

(a)     mengapa pada tahun 2003, MAS yang berada di bawah Tan Sri Md Nor Md Yusof, yang pada masa itu merupakan Pengarah Urusan MAS dan juga arkitek bagi Widespread Asset Un-bundling aka “WAU” telah menjual 70% saham daripada bahagian di dalam MAS Catering Sdn Bhd, sebuah syarikat MAS yang ‘profitable’ dengan purata perolehan tahunan sebanyak RM300 – RM400 juta dan keuntungan bersih sebanyak RM50 juta atau lebih setiap tahun, kepada sebuah syarikat dan serentak dengan itu MAS memasuki suatu perjanjian yang dianggap berat sebelah terhadap MAS di mana MAS terpaksa membeli semua makanan dan minuman serta lain-lain perkhidmatan kabin dengan keuntungan jaminan daripada syarikat tersebut selama 25 tahun; dan

(b)     nama syarikat itu dan juga harga jualan serta butir-butir penuh perjanjian selama 25 tahun tersebut dan apakah tindakan yang telah diambil oleh Khazanah untuk memecahkan perjanjian yang tidak adil ini yang boleh menjejaskan pertumbuhan MAS dan/atau untuk meringankan beban kewangan MAS.

Read more

Tan Sri Nor Yakop, Tan Sri Azman, Rashdan & Tan Sri Md Nor: Spare YAB PM, Please!

After inking the secret MAS - AirAsia share swap agreement, they were all smiling at the rakyat! They look like a happy family. Don't they? From left: Datuk Kamarudin Meranun, Tan Sri Azman Mokhtar, Tan Sri Md Nor Md Yusof, Tan Sri Tony Fernandes

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!

Read more