The supervision admits in Parliament which former IPP conduct Ahmad Jauhari Yahya has no knowledge running an airline
KUALA LUMPUR: The supervision pronounced currently which it had "no choice" but to let a embattled Malaysian Airlines System (MAS) be headed by someone with no knowledge running an airline.
Deputy Minister of Finance Awang Adek Hussin done a admission in a Dewan Rakyat as well as pleaded with a open to "give a chance" to Ahmad Jauhari Yahya to infer himself estimable of his brand new appointment.
"Maybe he doesn't have a experience, but he was a CEO of a publicly-listed company," he said. "He was a success. We have to give him a chance. Let's not have any suspicion. Give him a chance.
"I am assured which this is a good test, because we don't have a choice. If MAS incurred losses again, a supervision would have to inject some-more money. People will get angry during us again."
Awang Adek was responding Padang Besar MP Azmi Khalid's remark which a brand new MAS trainer had no experience. The remark came whilst a emissary apportion was replying to Arau MP Ismail Kasim, who asked how MAS as well as AirAsia were benefitting from their share swap.
Azmi jumped in when Awang Adek pronounced MAS was removing a brand new line-up of chiefs.
Before being appointed to MAS, Ahmad Jauhari was a Managing Director as well as Chief Executive Officer o! f Premiu m Renewable Energy (PRE). He insincere a two positions last March.
According to a PRE website, Ahmad Jauhari was formerly MD as well as CEO of Malakoff Corporation Berhad, Malaysia's largest Independent Power Producer (IPP), as well as boss of Penjanabebas, a national IPP association.
Five-year collaborative with AirAsia
Last August, amidst reports which MAS as well as AirAsia had merged, both MAS as well as a categorical shareholder, Khazanah Nasional Bhd, denied which it was a ! merger, calling it a "collaboration" instead.
They additionally denied which a "collaboration" would give climb to a monopoly.
In a Dewan Rakyat today, a share barter was called a "Comprehensive Collaborative Framework" (CCF) in between MAS, AirAsia as well as AirAsia X. The agreement to collaborate would last for 5 years as well as could be extended for 5 some-more years.
Awang Adek pronounced "all parties involved" would benefit from a agreement.
He additionally gave a following list of primary shareholders in MAS as well as AirAsia.
Primary shareholders for MASKhazanah Nasional Bhd: 48.87%
Tune Air Sdn Bhd: 20.5%
Employees Provident Fund: 10.54%
Primary shareholders for AirAsia
Tune Air Sdn Bhd: 13.1%
EPF: 10.35%
Khazanah Nasional Bhd: 10%
Genesis Smaller Companies: 5.43%
Wellington Management Company, LLP: 5.04%
Malaysians Must Know a TRUTH
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