Because of the one sided reporting, Malaysians thought AirAsia/AirAsia X Sdn Bhd/Tan Sri Tony Fernandes were coming into MAS to SAVE MAS. I am proud to receive the comments below from MAS Union. Unfortunately, The Star, which has been publishing rosy stories about AirAsia/AirAsia X Sdn Bhd and Tan Sri Tony Fernandes, did not bother to attend the MAS Union press conference on 27th August, 2011. So Malaysians like you and I were deprived of the views of MAS Union. So forgive us for being led by the nose to believe that without Khazanah Naisonal Bhd signing the “TOP SECRET MAS – AIRASIA SHARE SWAP” on 8th August, in HERE. MAS would have collapsed. The Khazanah Naional Bhd top management, the former BINAFIKIR SDN BHD boys would like Malaysians to believe that the said share swap would have affected our national security so had to be negotiated in “darkness”!. Khazanah Nasional Bhd handpicked , the WAU, in HERE, HERE, specialist, En Mohammed Rashdan Yusof (aka Danny), in HERE, to head MAS now. (more…)
Archive for August, 2011
Posted in wee choo keong, tagged airasia, AirAsia X Sdn Bhd, Dato' Salleh Tabrani, Datuk Eddy Leong, Firefly, Khazanah Nasional Bhd, mahb, MAS, Tan Sri Azman Mokhtar, Tan Sri Nor Mohamed Yakcop, Tan Sri Tony Fernandes, YB Tun Abdullah Badawi, Zaiful on August 31, 2011 | 19 Comments »
May I take this opportunity to wish all Muslims SELAMAT HARI RAYA AIDILFITRI MAAF ZAHIR BATIN. This auspicious occasion is so special to not only our Malay brothers and sisters but all Malaysians, who spent the beautiful day visiting their Muslim friends. For all non-Muslims, have a pleasant holiday.
Posted in wee choo keong, tagged AirAsia X Sdn Bhd, BinaFikir Sdn Bhd, Khazanah Nasional Bhd, LSG Sky Chef Brahim Sdn Bhd, MAS, MAS Catering Sdn Bhd, Mohamed Rashdan Danny, Tengku Azmil, YB SEnator Idris Jala on August 26, 2011 | 43 Comments »
I would like to share the comment below with all the readers with regards to this so-called “MAS-AirAisa share swap”, which was shrouded with secrecy. Khazanah Nasional Berhad is still thinking about buying the 10% share in AirAsia X Sdn Bhd. Khazanah has appointed Morgan Stanley Investment Banker to do a valuation on AirAsia X Sdn Bhd, which has posted losses amounted to almost RM90 million. Read HERE, HERE, HERE, HERE, HERE, HERE, HERE, HERE, HERE. (more…)
Posted in wee choo keong, tagged airasia, AirAsia X Sdn Bhd, Another Brick In The Wall, Dato Kamarudin Meranum, Khazanah Nasional Bhd, LSG Sky Chef Brahim Sdn Bhd, mahb, MAS, Mohamed Rashdan Yusof, QPR, Tan Sri Noor Yacob, Tan Sri Tony Fernandes on August 24, 2011 | 4 Comments »
AirAsia’s 2nd quarters net profit was down by 47% to RM104.26 million against RM198.93 million deferred tax charge. MAS posted a net loss of RM526.8 million. MAS called off its media briefing at the eleventh hour yesterday due to “unforseen circumstances” but continued with its analyst briefing. Tan Sri Tony Fernandes told analyst in a conference yesterday that the airlineswill be presenting their case to the Prime Minister in his bid to reverse airport operator MAHB’s to increase passenger service charge, aircraft landing and parking charges. As usual the press report on AirAsia was very rosy and will be flying to another majestic height and the future of MAS, of course, was very very bleak. Read HERE.
Posted in wee choo keong, tagged airasia, AirAsia X Sdn Bhd, Damai Disabled Persons Association, Khazanah Nasional Bhd, KLIA2, lcct, mahb, Murugeswaran, rembau, Syarikat Fajar Baru Builder Sdn Bhd, Tan Sri Bashir, Tan Sri Tony Fernandes on August 21, 2011 | 18 Comments »
Tony can now order MAHB, indirectly Khazanah Nasional Sdn Bhd, what to do. As can be seen in the case of KLIA-2 where the original plan was to build aerobridges for the convenience of the passengers including disabled person (OKU). When Tony snapped his fingers and say no to aerobridges, Tan Sri Bashir of MAHB had to also kow tow. Even Khazanah was in total silence. What a powerful man indeed? No wonder AirAsia had a good record of owing more than RM125 million in airport taxes since its inception until recently and MAHB dared not leave a finger to take actions. Read HERE. The outstanding airport taxes were only paid recently after the matter were brought up in Parliament several times. See how powerful is Tan Sri Tony Fernandes/AirAsia and now Air Asia X Sdn Bhd. By the way the original name of AirAsia X Sdn Bhd, which is a more suitable name for Ministry of Transport and Khazanah, was Fly Asian Express Sdn Bhd, in HERE. (more…)
Posted in wee choo keong, tagged Abbel @ Abdul Aziz bin Abu Bakar, AirAsia Bhd, AirAsia X Sdn Bhd, Business Inquirer, Dato' Kalimullah Masherul Hassan, Datuk Kamarudin Meranun, En Azran Osman-Rani, Fam Lee Ee, Fly Asian Express Sdn Bhd, Khazanah Nasional Bhd, Lim Kian Onn, MAS, Minister of Finance II, Mohammed Rashdan Yusof, Tan Sri Azman Mokhtar, Tan Sri Bashir, Tan Sri Tony Francis Fernandes, YB Tan Sri Nor Yacob on August 17, 2011 | 17 Comments »
In the Inquire Business report 0n 7-8-2011 quoted Tan Sri Tony Fernandes and his partner to have said in a joint statement that
“As the major shareholders of AirAsia Bhd and AirAsia X Sdn Bhd (which operates long-haul budget flights), we are committed to increasing shareholder value in both our core investments by continuously exploring various opportunities to enhance our franchise,” in HERE. The emphasis is mine. From this joint statement it was crystal clear that Khazanah Nasional Bhd, as the majority shareholder of MAS appeared to be very desperate to buy a franchise for these “special” brand names AirAsia and AirAsia X from Tan Sri Tony Fernandes and his business partners. With the pace and the way in which this so-called share swap was concluded with such utmost secrecy gave the impression to all Malaysians that Tan Sri Azman Mokhtar, Mohammed Rashdan Yusof and especially YB Tan Sri Nor Yacob, the Minister of Finance II under PM Abdullah Badawi were TOTALLY unaware of the Malaysian business partners of Tan Sri Tony Fernandes’ lucrative aviation business. (more…)
Posted in wee choo keong, tagged airasia, AirAsia X, airport tax, KLSE, MAS, Mohd Rashdan Mohd Yusof, Tan Sri Azman Mokhtar, Tan Sri Dato' Md Nor Md Yusof, Tan Sri Tony Fernandes, WAU on August 16, 2011 | 3 Comments »
During the WAU exercise MAS, all the three famous personalities namely, Tan Sri Azman Mokhtar, Mohamed Rashdan Yusuf aka Danny (both from Binafikir Sdn Bhd, the super consultant company) and Tan Sri Dato Md Nor Md Yusof have played a very significant role. Tan Sri Md Nor Yusof, was the chairman of MAS then. A few days before the share swap, which was shrouded with utmost secrecy, Tan Sri Dato’ Md Nor Md Yusof was appointed the non-executive chairman of MAS. How co-incidental!
I read with great admiration the report card of BinaFikir Sdn Bhd with regards to the “Widespread Asset Bundling” (a.k.a. as “WAU”) restructuring of MAS. Incidentally, Tan Sri Azman Mokhtar and Mohammed Rashdan Yusof were co-founders of BinaFikir Sdn Bhd. During the WAU exercise, Tan Sri Mokhtar was the Managing Director and Mohamamed Rashdan Yusof was the chairman of BinaFikir Sdn Bhd. (more…)