According to the Reuters report of 14 September 2009 … “AirAsia is trying to raise fund of up to RM560 million by selling 400 million new shares via private placement to reduce its debts. Analysts in Malaysia said last month that AirAsia’s tight cash flow and high debt level was worrying given its commitment to […]
AirAsia needs fund to reduce debts! Read More »
Why was EPF so keen in investing in Air Asia shares? PEMBERITAHUAN PERTANYAAN DEWAN RAKYAT, MALAYSIA DARIPADA : TUAN WEE CHOO KEONG (WANGSA MAJU) PERTANYAAN : BERTULIS TARIKH : 16 Februari 2009 – 19 March 2009 Tuan Wee Choo Keong (Wangsa Maju) minta MENTERI KEWANGAN menyatakan jumlah saham Air Asia yang telah dibeli oleh Kumpulan
Parliament Questions Time, 15 April 2009 Read More »
The Employees Provident Fund (EPF) is a scheme that ensures “savings for one’s old age” and has, to a great extent, enabled the rakyat to retire from their jobs with some peace of mind when the time comes. It is a highly benevolent scheme where the rakyat and their employers both contibute to its success.
Your MP's Question of the Week #37 Read More »
EPF must be utilised for the sole benefit of the nation poor work force and not any other organisation. It would appear that the Government is treating EPF as a financial ambulance for the stock market and certain selected GLCs. Last week the Government has utilized RM5 billion from EPF to bail out Valuecap in
Your MP's Question of the Week #31 Read More »
Wee Choo Keong has been elected Member of Parliament for Wangsa Maju (P116) during the 12th General Election on 08 March 2008 until May 09, 2013. In 1987 he was detained by the Government under the notorious Internal Security Act (ISA) for 60 days in solidarity confinement.