“Even Messi will have trouble scoring” said Tan Sri Dr Munir
Month: October 2011
May the Festival of Lights brighten up the future of Malaysia
Wish all Hindus A Happy Deepavali and Malaysians of other faith a happy holiday. May the Festival of Lights enlighten understanding amongst all Malaysians for nation building. For those driving home outstations please drive safely. Once again Happy Deepavali to all Malaysians.
TF didn’t tell the whole truth about AirAsia X & RAS
Updated: 25-10-2011 Please read the article quoted from Business Time report dated 21-7-2006 – AirAsia not the ‘golden child’. You will see from this report how AirAsia got all the helps (i.e. AirAsia was given 91 trunk routes and etc) from the Badawi’s Administration under the so-called “domestic air rationalisation exercise” and AirAsia grew at the expense of MAS.
Below was what Tan Sri Tony Fernandes had been reported to have said as reported by the Star on 26-4-2007 when the then Minister of Transport, Datuk Chan Kong Choy, announced that FAX/AirAsia X Sdn Bhd had to return the Rural Air Services (RAS) in Sabah and Sarawak to MAS.
“Fernandes said FAX would be launching AirAsia Long Haul operations soon, and that it would be too distracting to operate turbo-propeller aircraft as well.”
Who is the CEO of MAS?
It would appear that the defacto CEO of MAS is Datuk Kamarudin Meranun, who is also the Deputy CEO of AirAsia Bhd and recently appointed Non-Executive Director of MAS after the secret MAS – AirAsia share swap was inked on 9-8-2011. Yours truly was surprised that a Non-Executive Director of MAS was speaking as though he is the CEO of MAS. Even the powerful En Mohammed Rashdan Yusof, the whiz kid and Tan Sri Azman Mokhtar‘s former business partner in BinaFikir Sdn Bhd, is extremely tame after the appointment of En Ahmad Jauhari as the CEO of MAS.
AirAsia Bhd & AirAsia X Sdn Bhd kept RM6.895 millions of unclaimed Airport Tax
AirAsia Bhd and AirAsia X Sdn Bhd, formerly known as Fly Asian Express Sdn Bhd a.k.a FAX of Rural Air Services (RAS) fame, kept the unclaimed Airport Tax for the no-show passengers where both companies have forfeited their fares. By right both companies should immediately refund in full the collected Airport Tax the moment they forfeited fares of the no-show passengers.
Bursa KL: Take drastic actions against the directors of MAS & Tune Air
Prior to the inking of the secret MAS – AirAsia share swap and the “Collaborative Frameworks” agreements , both MAS and Tune Air Sdn Bhd did not make any announcement that they were negotiating for the secret MAS – AirAsia share swap. Both the directors of MAS and Tune Air Sdn Bhd’s are duty bound to disclose to Bursa KL about the said negotiations.
Dr Wafi: MAS employees questioning the wisdom of the “matrimony”
Below are the latest exchanged of e-mails between Dr Wafi Nazrin Tan Sri Abdul Hamid (Dr Wafi) and En Matdiah Mohammad, the Secretary of MASE. By right Dr Wafi should not feel so jittery about the outflow of informations from MAS if the secret MAS – AirAsia share swap really meant to save MAS i.e. encouraging collaboration between MAS/AirAsia and not to stifle MAS/Firefly. As a professional, Dr Wafi should call a spade and spade. The outflow of informations from MAS employees are nothing if compare to the informations that are accessible to the directors of MAS. Dr Wafi should be more concerned about the outflow of information to the competitors of MAS unless he knew that the spirit of the secret share swap and the so-called “Collaborative Framework” were meant to stifle MAS and Firefly indirectly.
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.
Dr Wafi’s advice to all employees of MAS
Dr Wafi Nazrin Tan Sri Abdul Hamid, the Head of Legal and Risk Department of MAS and an expert in competition law, has given a very good advice to the members staff of MAS on the MAS – AirAsia’s “Collaborative Frameworks”. Please read his e-mail and the reply from one of the MAS unions below. Read Here for related article.
Dr Wafi: MAS – AirAsia share swap contravened Competition Act?
