Now Everyone Can See The Chairman of PAC At Work – Part 1

The extremely learned YB Datuk Nur Jazlan, Chairman of PAC and former Chairman of UDA
The extremely learned YB Datuk Nur Jazlan, Chairman of PAC and former Chairman of UDA

 

Public Accounts Committee (PAC) is a Select Committee set up by Parliament. Its role is to overseeing or scrutinising government expenditures approved by Parliament.  Generally, in the Westminster style of Parliament like ours, by convention PAC normally take up matters raised in the Auditor-General (AG)’s Report.

 

Continue reading “Now Everyone Can See The Chairman of PAC At Work – Part 1”

B K Sidhu’s source said “AirAsia X IPO over subscription rate is 5 to 6 times”!

B K Sidhu is the de facto spokewoman for AirAsia & AirAsia X
B K Sidhu seems to be the de facto spokewoman for AirAsia & AirAsia X. She has been known to have written only positive articles on AirAsia and AirAsia X Bhd

The directors/shareholders of AirAsia X Bhd, which is part of the group of AirAsia Bhd, namely Tan Sri Tony Fernandes, Datuk Kamarudin Meranun, Datuk Kalimulah Hassan, Mr Lim Kian Onn, Tuan Omar Ong  and others must be jumping for joy after reading the advertisement campaign article above by Ms B K Sidhu of the Star.  Continue reading “B K Sidhu’s source said “AirAsia X IPO over subscription rate is 5 to 6 times”!”

Anymore of the like of “Al-Ishal Ishak” left in MAS?

Star report 10-6-2012 showing En Al-Ishak the new Re-branding Manager of AirAsia. He was appointed as Re-branding officer in MAS just after the notorious MAS-AirAsia share swap
Star report 10-6-2012 showing En Al-Ishal Ishak (circle in red) the new AirAsia Group head of brand and ancillary income. He was previously the the head hunted VP of Promotion and Marketing of MAS during the famous  MAS-AirAsia share swap.

It would appear that En Al-Ishal  Ishak was head hunted and appointed as the VP for Promotion and Marketing for MAS by the management of MAS  during the height of MAS-AirAsia share swap.  Prior to his appointment in MAS he was involved in IT but rumor has it that he is extremely talented in re-branding, which was only discovered by the management of MAS at that material time. Continue reading “Anymore of the like of “Al-Ishal Ishak” left in MAS?”

“Now Everyone Can Buy AirAsia X shares 10 times above its par value of RM0.15”

The happy "family". Left to right: Datuk Nasir Razak, the CEO of CIMB, Datuk Kamarudin Meranun of AA X, Tan Sri Rafidah chairman of AAX, En Azran Rani of AAX and Tan Sri Tony Fernandez of AAX
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! Continue reading ““Now Everyone Can Buy AirAsia X shares 10 times above its par value of RM0.15””