In PART 1 we stopped at the sorry state of Rural Air Service (RAS) and Fly Asian Express Sdn Bhd (now AirAsia X) where six aircraft were grounded due to un-airworthiness and another one was cannibalised for spare parts, and how MAS was left to pickup the pieces thereafter. Continue reading “To help Mr Mueller’s Grand Scheme to “Collaborate with AirAsia – Part 2”
It is most refreshing to learn that now Malaysians do know the so called “governance structure” that exist in MCMC on their procurement policies. Of course prior to this, you all and yours truly are not privy to such policies nor we rub shoulders with the mighty powers within MCMC. Continue reading “Wheeling & Dealing in MCMC? Part 1 (Orenda Kuantum Digital)”
Khazanah Nasional Bhd has announced the delisitng of MAS this morning. However, yesterday at about 10:30 am Reuters broke the story about the impending announcement by Khazanah Nasional Bhd, HERE. Continue reading “Delisitng MAS Another Exercise of “Bina Tak Boleh Fikir”?”
Yours truly is pleased to learn that at last on 8-9-2013 Alwafeer Air, a Jeddah based chartered airline, was ordered by the Court in Jeddah to pay all the outstanding wages within 60 days to the 32 cabin crews and pilots. Yours truly would like to congratulate the 32 ex-MAS staffs for their success in the pursuit of their outstanding hard earned salaries, which Alwafeer Air owed them for years. Continue reading “Khazanah/MAS: What had happened to the RM62.4 million owed by Alwafeer Air?”
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?
___________________________________
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. Continue reading “TS Azman Mokhtar, Rashdan, Tony Fernandes, Kamaruddin, Md Nor Md Yusof and AJ must be held responsible for the fine of RM20 million – Part 2”
Wee Choo Keong 