The iconic photo of the “Happy Family” of the MAS-AirAsia share swap and architects of the violation of the Competition Act. From 2nd left; Datuk Kamarudin Meranun, Tan Sri Azman Mokhtar, Tan Sri Md Nor Yusof, Tan Sri Tony Fernandes, the Khazanah Whiz Kid Mohamad RashdanYusuf aka Danny & Dato’ Sri Nazir Razak of CIMB
Updates @ 6:10 pm on 10-9-2013: “Deloitte has been fined a record £14m for failing to manage conflicts of interest during its role as an adviser to collapsed British carmaker MG Rover. On Monday the Financial Reporting Council, which brought the case against Deloitte, said the outcome of an independent tribunal was a “strong vindication” for its six-year-long probe into Deloitte’s work for companies involved with the carmaker in the lead-up to MG Rover’s collapse.”
The international accounting firm Deloitte was fined 14 million Pound Sterling by UK authority. Will we ever see our authorities taking the same actions here?
In the case of the MAS-AirAsia share swap, there were two advisors namely Dato’ Sri Nazir Razak and Bain & Co but it is unclear about their scope of appointment. For full report of the fine imposed against Deloitte, please read HERE &HERE,.
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.
9-7-2013 MAS announced the reinstatement of the Dubai route.
On 9-7-2013 En Ahmad Jauhari Yahya (AJ), the CEO of MAS, has made an announcement that beside the additional route to Darwin, MAS will be reinstating the Dubai route on 1-9-2013, in HERE.
The “happy family” laughing all the way to the … . From left: Datuk Seri Nazir Razak, the CEO of CIMB Bank, Datuk Kamarudin Meranun of AA X, Tan Sri Rafidah chairman of AAX, En Azran Osman-Rani of AAX and Tan Sri Tony Fernandes of AAX
At long last AirAsia X Bhd will finally be listed in Bursa Kuala Lumpur very soon. On 10-6-2013 AirAsia X Bhd has made an official announcement of its Initial Public Offering (IPO) of up to 790,123,500 ordinary shares of RM0.15 in the main Board of Bursa Kuala Lumpur (BSKL). The retail price of the IPO is RM1.45, which is almost 10 times above its par value. Based on its retail price it would appear that AirAsia X Bhd is a rock solid company with big “dreams” otherwise its IPO price would not have been fixed at RM1.45!
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 inHERE.
In December 2012 MAS to operate three additional international routes from Kota Kinabalu. Yours truly believes that East Malaysians will be pleased with the decisions. MAS should also consider to resume the Bandung and Surabaya routes, which were terminated soon after the inking of the infamous MAS-AirAsia share swap by Tan Sri Azman Mokhtar, the MD of Khazanah. MAS should also commence its Firefly jet services, which was also terminated after the said share swap.
The new pale blue livery which was supposed to be used on all MAS aircraft
Updates at 8:15 pm on 11-7-2012: It is hoped that AJ or his Strategic Comm in MAS will respond with honest answers to the questions posed herein otherwise it will warrant another posting on the same subject matter. Yours truly trust that it will not be necessary. Thank you AJ.
After the MAS-AirAsia share “suap” was inked by Tan Sri Azman Mokhtar (Amok), the MD of Khaznah Nasioanl Bhd, someone was deadly against the use of RED colour on MAS logo as it was strongly felt that RED is an exclusive colour for another airline. For the benefit of that someone, MAS was set up on 1-10-1972 and RED was the original colour of the logo of MAS! WHO INNOVATE and WHO IMITATE?
Mr Martin Gilbert Barrow only academic achievement was GCE “A” Level
Updated at 9:30 pm on 9-7-2012.
Mr Martin Gilbert Barrow (Martin), who was appointed to the Board of MAS during the time when the late Tan Sri Azizan was its chairman in 2001. At that material time, he has no aviation experience at all except that he was a friend of someone in the Board of MAS.
En Mohammad Rashdan Yusof (Rashdan) aka Danny, the appointed Deputy Group CEO of MAS has finally left MAS for good on 30 June 2012. It is believed that Rashdan will have no problem in going back to Khazanah as his former business partner in BinaFikir Sdn Bhd, Tan Sri Azman Mokhtar, is there to accommodate … Read more
