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Tan Sri Md Nor Md Yusof

TS Azman Mokhtar, Rashdan, Tony Fernandes, Kamaruddin, Md Nor Md Yusof and AJ must be held responsible for the fine of RM20 million

The "Happy Family". They were so happy after the signing of the MAS-AirAsia share swap.
The iconic photo of the “Happy Family” of the MAS-AirAsia share swap. They were so happy after the signing of the MAS-AirAsia  share swap.

Updates @ 9:30 pm on 19-9-2013:  On 15-9-2011 The MD of Khazanah Tan Sri Azman Mokhtar has been quoted to have said that “The recently inked home jersey sponsorship with Barclay Premier club Queen Park Rangers is a good deal for the national carrier”. He also told newsman that “We think that we got a good deal to stand on its own commercially.  I think all the numbers are there, we just need to add value”.  Read HERE. 

Yours truly believe that at that material time many Malaysians also share the same thoughts as Tan Sri Azman Mokhtar, who is a known to be a corporate GURU in Malaysia.  Many have claimed that Tan Sri Azman Mokhtar through his BinaFikir‘s “WAU” had also saved MAS from the brink.  Please read below the events after 18-8-2011 where MAS was supposed to pay £3.2 million more than AirAsia for the said sponsorship and got less for it.  Was it a good deal after all?  

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In Part 1 of this article, it was clear that Khazanah, CIMB, MAS and AirAsia are fuilly aware of the provisions of the Competition Act 2010. MAS and AirAsia have sought the advice of the consultant, Bain & Co, on anti-trust laws/Competition Act 2011.

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MAS AGM tomorrow: Why Tan Sri Azman Yahya of SCOMI is not seeking re-election

Tan Sri Mohamed Azman Yahya, who is a director of MAS for many years dated back to the WAU days and also a director of SCOMI and Symphony House Bhd. Why is he not up for re-election?

Updates @ 9:05 pm on 21-6-2012: Tan Sri Wan Azmi binWan Hamzah steps down from MAS Board during the AGM. The other aviation experts like Tan Sri Azman Yahya, Tan Sri Tan Boon Seng of IJM, Dato’ Rohanan binti Rozhan from ASTRO and David Lau Nai Pek are holding on to their directorship even though they could not show what were their contributions for the past TEN MONTHS. Tan Sri Wan Azmi;s said decision should be applauded and a very responsible acts.

One would have thought that Tan Sri Azman Yahya is a very busy man with so many companies to take care of especially SCOMI. The four chose to remain for reasons best known to themselves. Will do another posting soon about those remaining.

 

Updates @ 12:50 pm on 21-6-2012: The minority shareholders were questioning the competent and integrity of members of the Board of directors of MAS. They have also expressed their discontent with regards to their performance. From 10: 10 am this morning until now, the Board was still facing heavy criticisms from the shareholders. They could not even proceed to pass Resolution 1 to approve the Financial Statement let alone their Re-elections. The Board have been subjected to severe embarrassment. Yours truly has been informed that Tan Sri Azman Mokhtar’s most trusted crony, Rashdan, did not attend the AGM. 

Yours truly must apologies for not been able to attend because your truly question on the BinaFikir‘s consultancy fees and the 12 companies involved in the fuel hedging losses for RM3.3 billion for Parliament was No: 4 on the list. It was answered at 10: 30 am this morning. It will be posted here later.

After the MAS-AirAsia share swap, the brainchild of the little Napoleons in Khazanah Nasional Bhd, MAS will now hold its AGM on 21-6-2012 at 10:00 am, MAS Academy.

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Teks ucapan di Parlimen terhadap “Gang of Two”

Updated @ 4:45 pm 8-12-2011 from Kuching: Please read these two interesting articles “Did Danny Yusof nailed BN’s Coffin in Selangor” by ABITW, in HERE and “Now everybody can get screwed” by BigDog in HERE.

Di bawah adalah sebahagian daripada teks ucapan di Parlimen pada 18 Oktober, 2011 dari Hansard. 

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WAU! AJ briefed PAC: Firefly loss RM89 mil & CCF

AJ briefed PAC on 21-11-2011 about “HIS” New Business Plans to save MAS.

Chart for New Business Plans for MAS' grand recovery!

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Another poor attempt at spinning!

Are they still smiling now?

Updated on 18-11-2011: YB Datuk Seri Kong Cho Ha, Minister of Transport, said yesterday that the Cabinet had approved the increase in charges in February 2009 and the delay in imposing the new rates had caused the tax payers RM180 millions a year in subsidizing international travelers. There had been a lot of other increases done by the airlines quietly and nobody is making noise, said the Minister in respond to Dr Spinner’s dissatisfaction through the social media. Read HERE for the increases in AirAsia’s hidden charges. The Government should stop entertaining private airlines’ business model just for them to make profits at the expense of tax payers.  

Tan Sri Tony Fernandes’ (Tony) contention is that the RM7.oo increase is too much to pay for LCCT which he likens to an “airconditioned horse stable” on Twitter.   The hike also affect travelers and he claimed that it was unjustified and that it would affect his business. He said on Twitter. “…RM25 for services in LCCT? What a rip off! It’s an air-conditioned horse stable!’ He said on his Faebook, “AirAsia has been fighting to make them cheaper for common man. Airport taxes are paid by Malaysians and passengers. The money doesn’t go to AirAsia but MAHB.”

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MP of all divides condemned the MAS – AirAsia share swap!

Lt to Rt: Datuk Kamarudin Meranun, Tan Sri Azman Mokthar, Tan Sri Md Nor Yusof, Tony Fernandes, En Mohammed Rashdan Yusof, Nazir Razak, CEO of CIMB Bank

During the Committee Stage of the Budget Debate today, many MPs of all divides spoke strongly against the secret MAS – Asia share swap.

YB Hajah Nancy bt Hj Shukri (MP for Batang Sadong, Sarawak), YB Datuk Hj Muhamad bin Hj Aziz (MP for Sri Gading, Johor), Datuk Bung Moktar (MP for Kinabatagan, Sabah), YB Datuk Wira Hj Ahmad bin Hj Hamzah (MP for Jasin, Melaka), YB Datuk Dr Makin @ Marcus Majigoh (MP for Putatan, Sabah) yours truly and other MPS questioned the rationale and condemned the said secret share swap, the so-called “Collaborative Frameworks” and Tan Sri Tony Fernandes’ instance of his AirAsia outfits would not use the aerobridge in the new KLIA-2.

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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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