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Security Commission

JMM wants Tan Sri Aziz as the new Chairman of MAS

Tan Sri Md Nor & Tan Sri Aziz
Left: Tan Sri Md Nor & Tan Sri Abdul Aziz Zainal. Pictures taken from NST.

Jaringan Melayu Malaysia (JMM) has called for Tan Sri Abdul Aziz Zainal, the former Malaysian ambassador to France and General of Malaysian Arm Forces, to take over the chairmanship of MAS from Tan Sri Md Nor Md Yusof.  JMM is confident that Tan Sri Abdul Aziz would be able to bring MAS back to its former glory, in HERE.

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“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.

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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, HERE, HERE, HERE & HERE. 

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Parliamentary Questions for March 2012 Session

Malaysian Parliament

Soalan-Soalan Untuk Jawapan Lisan 

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13-10-2011 Questions Time: SC is investigating the unprecedented trend of the movements of AirAsia & MAS share

PERTANYAAN : LISAN            TARIKH : 13.10.2011

Y.B. TUAN WEE CHOO KEONG [ WANGSA MAJU ] minta MENTERI KEWANGAN menyatakan sama ada Suruhanjaya Sekuriti (SC) sedar bahawa sebelum penggantungan saham AirAsia Bhd (AA) dan MAS daripada urusniaga pada 09.08.2011, saham AA telah meningkat naik dari tarikh 20.07.2011 dengan “unprecedented trend” dan seterusnya, namun harga saham bagi MAS menurun dan harga saham AA ditutup pada RM3.95 dan MAS RM1.60 dan apabila (perkataan “selepas” tercicir) penggantungan tersebut harga saham AA menurun dan saham MAS meningkat. 

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Parliamentary Questions For October Session 2011

Updated on 22-9-2011 @ 6:10: Please go to Outsyed The Box to read “7 reasons why Khazanah should not undertake the share swap between MAS and AirAsia by troubleshooter”. It is very interesting to read the seven reasons in the said article. Perhaps YB Tan Sri Nor Mohamad Yacob, the former very powerful Minister of  Finance II under the Badawi’s Administration, Tan Sri Azman Mokhtar, the MD of Khazanah, Tan Sri Md Nor Md Yusof, the then MD of MAS during the famous WAU and the newly crowned Chairman of MAS after the secret share swap, En Mohammed Rahsdan Yusof, co-founder of BinaFikir Sdn Bhd with Tan Sri Azman, Datuk Azman Yahya, the reappointed MAS director of Scomi fame, can learn a thing or two from the said articles. After reading the said article, it is hoped that the abovenamed personalities will see the light and stop the secret share swap and reverse all the recent decisions that were detrimental to MAS/Firefly i.e. cancelation of Firefly’s full load flights during festive season, termination of Firefly’s profitable routes from JB to KK and Kuching, the RM18 sponsorship of home jersey for QPR,  and the most recent termination of MAS profitable route from KLIA to Bandung (Indonesia) and others that have not been exposed. Please read HERE.   

Parlimen Malaysia

Soalan-solan untuk jawapan lisan Sessi Parlimen bermula Oktober 2011

Soalan-soalan versi Bahasa Ingeris di bawah.

1. Tuan Wee Choo Keong [Wangsa Maju] meminta Menteri Kewangan menyatakan:

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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!

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