Tan Kay Hock, authority of Johan Holdings Berhad as well as George Kent (M) Berhad, is Prime Minister Najib Tun Razak's golf buddy. Tan is additionally a part of of a Iskandar Regional Development Authority (IRDA) as well as owns 49.59% of George Kent. Malayan United Industries Berhad, controlled by Khoo Kay Peng, owns a 9.3% interest in George Kent as well as a 7% interest in Johan Holdings.
THE CORRIDORS OF POWER Raja Petra Kamarudin
George Kent-led consortium sloping to win Ampang LRT job
(Business Times) - A consortium led by George Kent Bhd is now sloping to win a systems stipulate value RM960 million for a Ampang light rail movement (LRT) line prolongation project.
Sources with believe upon a make a difference pronounced a winning bidder for a job is approaching to be voiced by a supervision within a next couple of days.
Other members of a George Kent consortium embody China Railway Construction Corp as well as Tewet GmbH, a plan government consultant firm.
George Kent was determined in 1936 as well as is a leader in automatic as well as electrical engineering. For fiscal 2011, George Kent posted a pre-tax profit of RM26.2 million upon revenue of RM152.3 million.
Tenders for a systems stipulate for a Ampang line prolongation sealed upon Jun 16 2011. Eight groups had finished a bids.
Business Times first reported which George Kent might win a job in July final year.
It was speculated early this year which a Posco-Sojitz-Daewoo International-Thales organisation was additionally a single of front-runners to win a contract.
However, a Invensys-Balfour Beatty Rail-Ingress consortium later emerged as a odds-on favourite to win a s! ystems c ontract. The stipulate was supposed to be awarded final month.
But Syarikat Prasarana Negara Bhd released letters to a bidders, asking them to magnify a validity of their bid to July 27, to give it some-more time to evaluate a proposals.
The alternative bidders have been Colas-CMC Engineering-Thales, Samsung-LG-Thales, SNC Lavalin-WW Engineering-Bombardier, Siemens-Scomi Engineering as well as Ansaldo-Emrail-Leighton.
"After a notation investigate upon all a proposals, a decision has been finished upon a best candidate, pronounced a source with believe of a matter.
Prasarana, a wholly-owned supervision association determined by a Finance Ministry, had budgeted RM1.5 billion for a system works.
The budgeting was finished by UK consultant Halcrow/HSSI.
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George Kent to stand in earnings each 3 years
(The Star) - George Kent (M) Bhd skeleton to stand in a increase each 3 years by ramping up contributions from a H2O meter commercial operation as well as by securing jobs underneath a Economic Transformation Programme (ETP).
"We have a plan to stand in (pre-tax) increase each 3 years. We achieved RM32 million in a final financial year (ended January 31, 2011) as well as did RM16 million 3 years before that," authority Tan Sri Tan Kay Hock told reporters after a association AGM yesterday.
He pronounced a company's H2O meter manufacturing plant here was running during full genius as well as it intended to stand in a genius in a next dual years.
Tan Sri Tan Kay Hock during a press discussion upon Thursday, 7 July 2011.
"Last year, you delivered 2 million units of H2O meter as well as (water meter) housing," pronounced Tan, adding which he approaching great dir! ect pros pects from countries which George Kent exported a products to, such as Vietnam.
The association has additionally commenced initial exports to Laos as well as has identified Cambodia, Indonesia as well as a Philippines as potential markets.
George Kent exports to about 20 countries presently as well as will be investing RM50 million to upgrade a plant.
Tan pronounced a association was optimistic about securing jobs underneath a ETP.
"We're excited about a 10th Malaysia plan as well as want to participate underneath a ETP. We have put in some rival bids. We're looking for opportunities to invest in some-more water-related facilities.
"Our chances (of securing tenders) have been very good. We've finished it before as well as we'll do it again. Of course, you can't win each one," he said.
Tan additionally confirmed earlier reports which a association was behest for a 17km prolongation of a Ampang light rail movement line, which is estimated to price RM1.5 billion.
"We're a single of a bidders. But you can't say anything. You have to wait."
George Kent has dual core businesses, namely meters, manufacturing as well as industrial products as well as infrastructure investments, H2O as well as construction.
Tan pronounced a association had a sum sequence book of between RM400 million as well as RM500 million. "We have sufficient work to final us dual as well as a half years."
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And a Winner is.... Tan Sri Tan Kay Hock...!!!
(Malaysians contingency know a truth) - Wow, this is indeed an achievement for a PM Najib's golfing partner, a a single as well as usually Tan Sri Tan Kay Hock of George Kent (the H2O meter maker).
YM Raja ! Petra Ka marudin unprotected his tract inMalaysia Todaysometime in September, 2011 (READ HERE), but a great Tan Kay Hock kept smartly quiet, authorised time to lapse so which a reduced memory of Malaysian Rakyat would dont think about whilst he planned as well as schemed his way to CRBC (Chinese Road & Bridge Corporation) which like his previous equine CHEC (China Harbour Engineering Construction) is additionally within a Group of CCCC (China Communications Construction Co. Ltd).
You can gamble your final penny which Tan Kay Hock (perhaps in partnership with some alternative buddies as well as Daim) will not use any name of association connected to him or his family when operative with CRBC for fear which his direct of RM500 million will be unprotected again. Whatever car is used in this contract, you can be sure which Tan Kay Hock's secret palm is there, to grab a RM500 million (Rakyat's money); RM300 million for himself as well as his buddies, as well as RM200 mllion for Rosmah to buy which returned solid as well as some-more luxury handbags, etc. etc.
It contingency be finished well known to all Malaysians which neither CRBC nor CHEC has lane record of carrying constructed railroads, let alone electrified stand in tracking rail. Based upon a Google search, these Chinese companies have been great for ports, harbours, roads as well as bridges only. But YM Raja Petra Kamarudin in his article, has pronounced which Najib was focussed upon giving a stipulate to CHEC for his golfing partner Tan Kay Hock, come what may. Therefore, since CHEC's tract unprotected byMalaysia Today, as well as Tan Kay Hock could not get into a great books of CRCC (the forerunner) because they know his shameful approach, he contingency have got CRBC to agree to his scheme of things.
YM Raja Petra Kamarudin had said, "In China, both a giver! s as wel l as a receivers of bribes will be sentenced to genocide with a bullet in a conduct as well as a price of bullet charged to a family of a deceased." In this case, you have to prove there is temptation endangered first, as well as if proven, usually a Chinese givers will face a firing squad, whilst they cannot touch a receiver (or his nominees) in Malaysia. We thus cannot stop what a Najib wants to do for his buddy, as well as who cares if some Chinese givers get shot in a head? That's not a concern.
Behind each cloud however, there is regularly a china lining, as well as you a Malaysian Rakyat will have to urge hard for which china lining to crop up during a coming GE13. When as well as if which happens, you can examination a stipulate in details, checking each notation remuneration as well as commitment. The brand new Lords of Putrajaya will take all necessary actions to put these culprits at a back of bars, as well as terminate a stipulate (like what Pak Lah did to Mahathir's house pet project), as well as to reopen negotiations with a brand new President of China, Xi Jinping.
Malaysia's name stinks in a global market where Government or semi-government projects have been concerned. We have to stop this curse by promoting as well as aiding The March to Putrajaya.
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Courtesy of Bonology.com Politically Incorrect Buzz & Buzz
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