YB Tan Sri Nor Yakob and Md Nor: How much did MAS sell the 70% of MAS Catering?

Tan Sri Md Nor Md Yusof (the designer of WAU), YB Tan Sri Mohamad Nor Yacob (the then Minister of Finance II, who was in charged of Khazanah underneath Badawis administration), Tan Sri Azman Mokhtar as well as a whizz child En Mohammed Rashdan Yusof, a then consultants from BinaFikir Sdn Bhd) contingency clarify what was a offered price of a 70% share of MAS Catering Sdn Bhd (MCSB) to Gubahan Saujana Sdn Bhd (GUBAHAN). The answer will clarify what your indeed had posted progressing regarding a sale of MAS Catering Sdn Bhd. Please read in HERE.

GUBAHAN was incorporated upon 18-06-2002. It is an investment holding association with no knowledge in airline catering services at a element time. GUBAHAN bought 70% of MCSB with a behind to behind disdainful agreement whereby MAS shall to a single side squeeze all food supplies, beverages as well as all cabin associated services for 25 years until 2028! This disdainful stipulate worth millions of Ringgit annually. We contingency bear in thoughts which MCSB is also providing similar services to 30 airlines in KLIA as well as Penang Airports. Therefore, it was not a surprise at all which GUBAHAN sole 49% of a 70% share in MCSB to LSG Asia GMBH, a association specialises in catering services for airlines which is associated toLSG Skychef, a subsidiary of Lufthansa in Germany. Please read in HERE.

GUBAHAN bein! g a 70% shareholders of MCSB is in full control of MCSB. Seve! n months after upon 16-4-2004 a name of MCSB was altered to LSG Skychef Brahims Sdn Bhd. Therefore, a sale of a pronounced superfluous 49% contingency have been sole to LSG ASIA GMBH during a duration of 25-9-2003 16-4-2004. You can simply see this name each where in KLIA as well as Penang Airports. MASs name was all obliterated from a association it has set up in 1972. This was how various people underneath various projects have been helping as well as saving a inhabitant carrier, MAS. we dont consider which your indeed have been wrong to say thatStop Anaktirikan MAS How about LSG Skychefs Rahim? in a single of my postings. Please read in HERE.

Now which we know which GUBAHAN sole a pronounced 51% of a 70% share in MCSB for RM130 million to Tamadam Bonded Warehouse Bhd (TAMADAM) by approach of issuance of new share. It will not be irrational for us to guess which a pronounced 49% sole to LSG Aisa DMBH contingency be in a region of RM100 t0 RM120 million. Your indeed goal which MAS sole a 70% of MCSB to GUBAHAN for at least RM200 million so as to have MAS an aset light airline anything reduction than this amount will definitely have MAS to light as well as it might fly in to a outdoor space!.

It contingency be remarkable which during a final couple of days after a bearing of a sale of 70% of MCSB to GUBAHAN, a TAMADAMs website has been thoroughly revamped as well as a single can no longer find a distinguished name of Datuk Hj Ibrahim bin Hj Ahmad (of course but a word Badawi). Your indeed doesnt understand why a s! udden re vamped.

The design will be clearer when we get answers for a following questions:

1. How most did MAS sell a 70% of a s! hares in MCSB?

2. Who perceived a RM130 million worth of shares in Tamadam Bonded Warehouse Bhd?

3. How most did GUBAHAN sell a superfluous 49% of a 70% of a share in MCSB to LSG ASIA GMBH, which is associated to LSG Skychef?

3. What have been a prices which MAS had to pay for all a reserve as well as services from LSG Skychefs-Brahim Sdn Bhd as well as a prices of a same reserve as well as services paid by alternative airlines in KLIA as well as Penang Airports?

4. What have been a conditions as well as conditions in a stipulate between MAS as well as LSG Skychefs-Rahim Sdn Bhd as well as alternative airlines with LSG Skychefs Brahim Sdn Bhd?

If a abovenamed four personalities chose not to be pure then your indeed will get a answers from a Minister of Finance through Parliament. Your indeed hopes which there have been nothing to hide from all parties as they have been perplexing so hard to assistance as well as save MAS all these years. Now a same people have been still perplexing with a famous secret share swap.


Courtesy of Bonology.com Politically Incorrect Buzz & Buzz

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