As suggested by a single of a readers as well as contributors, Time Traveler, a upon tip of is a page twelve of a slip uncover that was presented during theSpecial Briefingby a important TRIO, En Ahmad Jauhari Yahya (AJ), MAS Group CEO, En Mohammed Rashdan Yusof aka Danny (Rashdan) (Group Deputy CEO as well as Tan Sri Azman Mokhtar's ex-business partner in BinaFikir Sdn Bhd as well as crony, as well as En Rozman Omar (Rozman), Group CFO), a newly crowned CFO of MAS as well as ex-AirAsia high ranking officer.The pronounced page twelve of a slip uncover obviously indicated that whatever PLANS of a TRIO, in sole Rashdan, to so-called strengthen a Balance Sheet of MAS have been permitted by Khazanah as well as Tune Air.
So far a TRIO's well known Plan was to cancel flights, terminate essential routes, unite QPR, occupy ex-AirAsia tip managers to MAS, shift MAS corporate colour, staff uniforms, letterhead, name cards, signage as well as pierce office from Subang to KLIA. Such exercises price income to MAS as well as will not in any approach improve a opening and, some-more importantly, a income of MAS. It will , no doubt, put MAS in to deeper monetary problems. After 8 months of AJ as well as Rashdan taken over MAS, MAS was in worse monetary situation than when it was underneath YM Tengku Azmil! The new Briefing upon a 4th Quarter Result has proven their miserable failure!
Tan Sri Azman Mokhtar's crony, Rashdan, is some-more meddlesome in offered "NON-CORE ASSETS" of MAS to uncover profit. Typical expert with shallow believe! of usin g a company. No wonder Rashdan didn't final prolonged in Maybank after BinaFikir Sdn Bhd was sole to Maybank for RM8 million in 2008. Rashdan have not learn from a unsuccessful WAU, that's why he is still articulate about offered of"non-core assets"of MAS to uncover profits. If showing profits by offered resources of MAS, MAS does not need to outlay million of RM in salaries as well as perks to occupy a TRIO. A standard six tyro can usually do a job but carrying to waste great income for such an practice well known as "STRIPPING OF ASSETS" in a commercial operation world. ReadHERE.
To be frank, MAS has no "non-core asset" value offered solely a TRIO if each of them is still marketable after what they have finished to date. The resources that have been value offered areMAS Engineering, MasKargo, MAS Academy as well as a franchise of a land in Subangwhich MAS office is situated. To yours truly, these have been core resources to MAS for but that how could MAS operates similar to any IATA airlines unless it is looking forward to be relegated to a low price airline similar to QPR football club! It is hoped that Tan Sri Azman Mokhtar's crony, Rashdan, was not referring to these 3 arms of MAS as non-core resources that he intends to dispose.
If these 3 arms of MAS have been to be disposed to uncover distinction for 2012 to clear a TRIO existence in MAS, yours indeed is certain that there is a single "vulture' in a waiting to purchase it. When this happened, it can be called WAU 2, an additional house house house pet plan underneath Rahsdan, a ex-BinaFikir expert boy, as well as MAS will no longer be called a premier airlines but usually an additional low price if it is still in existence then.
WAU was a first house house house pet plan of BinaFikir Sdn Bhd, that it was f! irst inc orporated in 2002 by non alternative than Tan Sri Azman Mokhtar as well as his associate Rashdan. It was underneath important WAU that 70% share ofMAS Catering Sdn Bhd, an essential arm of MAS, was sole to former PM Tun Abdullah Badawi's hermit (Datuk Hj Ibrahim Hj Ahmad Badawi) company,Gubahan Saujana Sdn Bhd. To Tan Sri Azman Mokhtar as well as his associate Rashdan, MAS Catering Bhd was really a non-core asset of MAS! Yet after MAS Catering Sdn Bhd was disposed, MAS had to blindly pointer a a single sided catering agreement with it for25 years.
Only amateurish as well as clueless managers with expert mentality and/or relying blindly upon expert recommendations or advice would have signed such a prolonged term agreement with really little or no room for negotiating upon a services as well as food supplied. If a single caring to check, no alternative IATA airlines in a world has entered in to such a prolonged period of 25 years a single sided agreement solely MAS. Tan Sri Azman Mokhtar as well as his crony, Rashdan, caring to explain this?
Your indeed has been informed that a same beverages granted for manage to buy class, commercial operation category as well as first category have been charged during opposite prices to MAS for all these years as well as some-more years to come. Surely, we can't design Tan Sri Azman Mokhtar or his associate Rashdan or AJ as well as Rozman, whose appointment got a great fortune of Tan Sri Azman Mokhtar, to lift their fingers to hold that 25 years agreement let alone to find ways as well as equates to to terminate this unfair a single sided agreement that have contributed so most to theLEAKAGESin MAS. One of a main problems that MAS faces is LEAKAGES.
MAS has consistently chalked up constant income averaging RM1.3 billion yearly. If as well as usually if, MAS tip government were to plug 10% of ! a LEAKAG ES, MAS would have rught away make RM130 million but carrying to cut a routes, changing a corporate colour, letterhead, signage or clothing of ts craft as well as most of all, to enter in to a tip MAS-AirAsia share barter as well as CCF, appointing ex-AirAsia tip executive to MAS. Yours indeed has brought this up in a final session of Parliament. ReadHERE. But of course, plugging LEAKAGES is a vapid practice for amateurish managers as well as associate because it will entail stepping upon foot of important personalities that put them in their in front of of power. It will additionally be too most to design from a amateurish TRIO!
Please demeanour during what a TRIO has recently finished in their cosmetic exercise. Changing of a corporate colour as well as a clothing upon a aircraft. No association will ever suspicion of changing a corporate colour or logo unless it is required as it has annoyed members of a open or really great reason dictates so doing. Only amateurish or clueless manager will do such a thing! Just demeanour during a brand brand new clothing of a MAS A 380, that will be launched upon 1-7-2012. MAS corporate colour has been altered drastically. MAS has taken out a full page announcement of this brand brand new corporate colour upon a A 380 in Star Biz Week page 5. It looks so hideous as well as no live in a livery. Such meaningless announcement price income to MAS as well as such price is a direct grant to a LEAKAGES.
Just suppose how most price MAS had to incur in respraying a existent fleet of aircraft! Only amateurish managers will movement so senselessly but considering a unnecessary price incurred during a time when MAS is draining (to borrow AJ's important dull quote). If a TRIO has their way, they would have shift a colour as well as design of a national flag upon a aircraft in their desperate goal of mending a opening o! f MAS. 
- The TRIO brand brand new idea of mending a opening as well as image of MAS!
What have been finished as well as to be finished by a TRIO have been permitted by Khazanah underneath Tan Sri Azman Mokhtar of BinaFikir fame as well as of course, Tune Air Sdn Bhd, a new share holder of MAS underneath a tip MAS-AirAsia share barter as well as CCF, an additional house house house pet plan of Tan Sri Azman Mokhtar as well as his boy, Rashdan.
It is now a right time for YAB Datuk Seri Najib Tun Razak, Prime Minister, to step in to a picture to take certain movement to stop a rot in MAS as well as remove a brand brand new cancerous elements in MAS as well as Khazanah rught away failing that a destiny is not tough to determine.
From this Monday, 12-3-2012, onwards, yours indeed is certain that MAS-AirAsia share swap, CCF, a actions of a TRIO will be a most talk about issue in Parliament unless YAB PM stairs in to revisit a pronounced tip share swap, CCF as well as a appointment of a TRIO with drastic actions.
OutSyedTheBox has posted an interesting article. He was asking for a a most talk tip MAS-AirAsia share suap to be unwound as well as during a same advising a Khazanah "Dungggus" of how to do commercial operation inHERE.
More Barisan Nasional (BN) | Pakatan Rakyat (PR) | Sociopolitics Plus |
Courtesy of Bonology.com Politically Incorrect Buzz & Buzz
No comments:
Post a Comment