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!
The Australian Competition and Consumer Commission (ACCC), an equivalent of Malaysia Competition Commission (MYCC), has filed a lawsuit against AirAsia for failing to disclose the full air fare in its website for the following flights: Melborune and Macau, London, Ho Chi Minh City, New Delhi, Hangzhou & Chengdu, Perth and Taipei, Phuket, Osaka, London, Ho Chi Minh City and Hangzhou, Gold Coast and Ho Chi Minh City, in HERE. The suit has been scheduled to be heard on 2nd March, 2012. Read in HERE,APANAMA – “Australia nails ‘extraordinary’ AirAsia, & ABITW – “Demand the same from AirAsia”.
En Mohammed Rashdan Yusoff aka Danny, Tan Sri Azman Mokthar's crony and ex-business partner in BinaFikir Sdn Bhd, was talking about "PERFORMANCE". Performance by spending RM18 million to sponsor QPR and cutting routes to benefit AA?
YM Tengku Azmil, the previous MD of MAS, who resigned immediately after the signing of the secret MAS – AirAsia share swap and the Comprehensive Collaborative Agreements (CCF) on 9-8-2011, has signed an MOU with Oneworld on 5-6-2011. Oneworld is an alliance comprises of 12 IATA airlines. MAS was supposed to formerly join the Oneworld in September/October last year. Read in HERE, HERE & HERE.
Updated @ 12:30 am 15-12-2011: MyCC to investigate into the MAS -AirAsia share swap comes Jan 1,HERE.
MAS has announced on 18-02-2010 that 0n 16-2-2010 it had received a complaint filed in the US District Court for Eastern District of New York on behalf of Benchmark Export Services and six other plaintiffs against MAS and 11 other defendants on the allegations of price fixing airfreight shipping services and fuel surcharge and etc. MAS has denied such infringement. On 11-7-2011 MAS paid US$3.35 million as an out of Court settlement which can be considered as the lowest settlement sum under anti-trust laws.
The scheduled meeting at 6 pm of today where Tan Sri Mokhtar has summoned Tan Sri Bashir Ahmad to attend did not materialise. It was just a “rumour” after all! Was it just a rumour that was to “discredit” Tan Sri Azman Mokhtar, who is one of those few honorable men left in the corporate world and, of course, his ex-business partner in BinaFikir Sdn Bhd, En Muhammed Rashdan Yusof aka Danny (Rashdan), is included?
En Ahmad Jauhari: MH = "Maruah Hilang" & "Musnah Harapan"?
Updated @ 12:30 am 22-11-2011: Tan Sri Azman Mokthar, the MD of Khazanah Nasional Bhd in his briefing to PAC yesterday morning and acknowledged that they were 50 verbal and written questions raised by 36 MPs in Parliament. Yours truly regretted and apologized that a new posting cannot be done with regards to what Tan Sri Azman Mokthar and En Ahmad Jauhari, MAS MD, have told PAC with regards to the secret MAS-AirAsia share swap and the so-called Collaborative framework on 21-11-2011. Yours truly was too elated that Malaysia won the SEA Game Football Championship. Cheers to Harimau Muda! The Harimau Muda under the leadership of Mr Ong Kim Sew have made the nation proud. Maruah Negara dan Harapan Negara dipertahanakan oleh Harimau Muda tanah airku!
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.
YB Datuk Awang Adek with Datuk Tony (as he then was) during the "happy hours" in 2007.Mr Dep Minister must be thinking about his not so clever answers now!
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?
(Updated 26-9-2011 @ 4:05 Please read the articles regarding the MAS-AirAsia share swap, which was shrouded with secrecy until today. ReadHERE & HERE. Your truly hopes that YB Tan Sri Nor Mohamed Yacop and Tan Sri Azman Mokhtar will read the articles and reconsider the said secret share swap.)
Yg Bhg Tab Sri Abdul Aziz Abdul Rahman, the former Managing Director of MAS, has spoken in connection with the “7 REASONS WHY KHAZANAH SHOULD NOT UNDERTAKE THE SHARE SWAP BETWEEN MAS & AIRASIA”. Please read HERE& HERE.Please see below for Yg Bhg Tan Sri Abdul Aziz’s comments.