Tag Archives: CIMB

“Masa Sekarang Menunggu Mu” – Part 1 (TM & GLCs)

The self proclaimed re-branding guru, Yg Bhg Datuk Shazalli Ramly was briefing important people in Telekom Hq. He should be gainfully employed in an advertising company like MC Saatchi Sdn Bhd and not Telekom Malaysia.

Updates 22-5-2018 @ 3pm: Telekom profits for the 1st Quarters dropped by 32%. Was it due to the CEO Shazalli playing too much politics or spending too much time preparing the “HEBATKAN NEGARAKU” Campaign materials, HERE.

Updates:  Please read the warnings “Pegawai Kerajaan era Najib tahu salah mereka, sendiri buat sendiri tanggunglah” given by Yg Bhg Datuk A  Kadir Jasin.

According to reliable sources, Yg Bhg Datuk Shazalli Ramly (Shazalli), who is the incumbent CEO of Telekom Malaysia Bhd (TM). had been extremely busy for the past few months.  Instead of running TM, which pays him a monthly salary of about RM300,000.00 exclusive of perks, allowances and other director fees, he was busy aspiring to be a “political campaign manager” at the same time. Continue reading

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Azman Mokhtar, Rashdan, Tony Fernandes, Kamaruddin, Md Nor Md Yusof and AJ must be held responsible for the fine of RM20 million – Part 4

"Now Everyone Are Not So Happy"

“Now Everyone In the Happy Family Could Not Smile” after  the MAS-AirAsia share swap was un-wound on 1-5-2012.

For Part 1, 2 and 3 of this topic please read HERE, HERE and HERE.

1-5-2012  The notorious MAS – AirAsia share swap was unwound by PM YAB Datuk Seri Najib, HERE. 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 1

The Happy Family of the MAS-AirAsia share swap and the architects of the violation of the Competition Act.

The iconic photo of the “Happy Family” of the MAS-AirAsia share swap and  architects of the violation of the Competition Act. From 2nd left; Datuk Kamarudin Meranun, Tan Sri Azman Mokhtar, Tan Sri Md Nor Yusof, Tan Sri Tony Fernandes, the Khazanah Whiz Kid Mohamad Rashdan Yusuf aka Danny & Dato’ Sri Nazir Razak of CIMB

Updates @ 6:50 pm on 11-9-2013:  “The avenging goddesses eventually caught up with anyone who had outraged all decency by killing their father, marrying their mother or serving red wine with fish.” By Jonathan Guthrie of Financial Times, UK

Updates @ 6:10 pm on 10-9-2013: “Deloitte has been fined a record £14m for failing to manage conflicts of interest during its role as an adviser to collapsed British carmaker MG RoverOn Monday the Financial Reporting Council, which brought the case against Deloitte, said the outcome of an independent tribunal was a “strong vindication” for its six-year-long probe into Deloitte’s work for companies involved with the carmaker in the lead-up to MG Rover’s collapse.”

Deloitte was fined 14,000 Pound Sterling

The international accounting firm Deloitte was fined 14 million Pound Sterling by UK authority. Will we ever see our authorities taking the same actions here?

In the case of the MAS-AirAsia share swap, there were two advisors namely Dato’ Sri Nazir Razak and Bain & Co but it is unclear about their scope of appointment.  For full report of the fine imposed against Deloitte, please read HERE & HERE,.

Continue reading

AirAsia & MAS were fined RM10 million each for violation of Competition Act

The architects of the MAS-AirAsia share swap and CCF

The “Happy Family” of the MAS-AA share swap & CCF.  From 2nd left: Datuk Kamarudin Meranun of AirAsia, Tan Sri Azman Mokhtar (MD of Khaznah), Tan Sri Md Nor Yusof, Chairman of MAS, Tan Sri Tony Fernandes of AitrAsia, Rashdan aka Danny, nominee of Khaznah & Datuk Nazir Razak, the CEO of CIMB Group.

En Mohamed Rashdan Yusuf aka Danny  (left in pic). AJ showing thump up for Rashdan. AJ has said that "Rashdan was vilified and maligned in blogsphere".

The two main key players in MAS at the height of the MAS-AA share swap. Pic: AJ and En Mohamed Rashdan Yusuf aka Danny . AJ and his then “co-pilot” showing thump up for MAS-AirAsia share swap?. AJ has said that “Rashdan was vilified and maligned in blogsphere”.

The Malaysia Competition Commission (MyCC) said in a statement that the country’s two dominant carriers would each have to pay a RM10 million (US$3 million) penalty for collaborating to integrate some routes in which they had  earlier competed. Continue reading

Maybank Investment bought 19.5 million shares of AirAsia X to stabilise the IPO price

Now Everyone Can Buy AA X share including Maybank!

Now Everyone Can Buy AA X share including Maybank!

The highly acclaimed  journalist of the Business Star aka the promoter for AirAsia, B K Sidhu, on 18-6-2013 wrote in her column prior to the closing of the AirAsia X Bhd IPO that AirAsia X IPO will be over-subscribed by THREE to FOUR  TIMES!  For full report in HERE and article in HERE. Continue reading

Does AirAsia deserve to be the “Golden Child” / “Ibarat Anak Mas”?

Rt: Tan Sri Tony Fernandes must be pleased that the Government has declared that AirAsia is the "Golden Child".

Rt: Tan Sri Tony Fernandes. He must be pleased that the Government has declared that AirAsia is the “Golden Child” / “Ibarat Anak MAS”.

AirAsia has been complaining so much about the delay and the escalating costs of KLIA2. The said complaints were  highlighted by YB Tony Pua as usual.  Please “Tony Spins, Tony takes it up”. Continue reading

“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