Archive for the ‘GLC’ Category

Rawang HTZ: Chan Kong Choy, what happened?

June 24, 2007
Transport Minister Chan Kong Choy, who’s also the MP for Selayang, has been keeping mum until today over the unilateral declaration made by TNB, that the TNB will proceed with the high tension transmission project in Rawang now that the Selangor State Goverment has given them the greenlight not to take an alternative route as agreed by Lim Keng Yaik, Chan Kong Choy and Rawang state assemblyman Tang See Hang last month at Putrajaya.I will be attending a protest cum press conference in Rawang new village on Sunday 24 June 2007 morning (10.30am at the market place) together with M Batumalai (DAP Rawang Rep), Tian Chua and representative from the KL Selangor Chinese Assembly Hall.

Stay tuned!


推薦給朋友    列印

Sinchew Daily News

updated:2007-06-20 14:54:25 MYT











他說 ,於5月29日的一項會議上,雪州政府基於國能提出3項無法克服的技術的因素,而同意國能不接受繞道建議




他說,國能會於7月在鵝嘜土地局安排一項對話會,聽取居民賠償要求,並希望居民對於工程的進行給以配合。 (星洲日報/大都會•2007.06.19)


PKFZ: Opposition Leader to raise hell at next Parliamentary session

June 23, 2007

 From Opposition Leader Lim Kit Siang’s blog…

Port Klang Free Zone – Forlorn and pathetic air of another failed multi-billion ringgit mega-project

This morning, together with Ronnie Liu, Peter Tan, Tee Boon Hock and other DAP Klang leaders, I visited the multi-billion ringgit Port Klang Free Zone (PKFZ), which has been shrouded in such secrecy despite being open to operation more than six months ago on November 1, 2006.

The PKFZ has the forlorn and pathetic air of another failed multi-billion ringgit mega project and Malaysiakini reporters Fauwaz Abdul Aziz and Sabrina Chan are right in coining the term “mega ghost-town” for it.

The PKFZ offers 512 standardised warehouse units, 260 ha of open land and four blocks of eight-storey office complexes. After seven months of opening, there are only signs of two of the 512 warehouse units being taken up but not yet utilized. The only company that has visible presence of operations is the Norwegian oil and gas company Aker Kvaerner. Otherwise, the 1,000-acre PKFZ is an expanse of empty office blocks, warehouse units and land blocks.

There is no vibration of activity or even sense of commercial life!

No wonder the authorities concerned were so upset when they received word that I was going to visit the Westports and a security detail was very rude in demanding to know what I was doing at PKFZ, inviting an earful as to why a visit by the Parliamentary Opposition Leader should be regarded as akin to trespass especially when Parliamentary sanction will have to be sought if there is to be a billion-ringgit bailout of the failed PKFZ.

Many questions swirl around the PKFZ for the past few years without answers, and it is time that the Prime Minister Datuk Seri Abdullah Ahmad Badawi’s pledge to lead an open, accountable and transparent administration be respected by his subordinates, particularly the following personalities:

1. The Transport Minister, Datuk Seri Chan Kong Choy should explain

• the viability, feasibility and integrity of the PKFZ; and

• why he appointed MCA MP and former Deputy Minister Datuk Chor Chee Heung as the new Port Klang Authority (PKA) Chairman in April when he should have known that there would be a conflict of interest situation in view of Chor’s position as Deputy Chairman of Wijaya Baru Global Bhd (WBGB), an associated company with Kuala Dimensi Sdn. Bhd., which sold the 1,000 acres of land for the PKFZ at the very inflated price of RM1.8 billion when it was bought for RM95 million and awarded a RM1.3 billion contract to develop the same piece of land.

2. The PKA Chairman Chor Chee Heung should explain whether he would relinquish either the post of PKA Chairman or Deputy Chairman of Wijaya Baru Global Bhd to resolve his conflict-of-interest.

3. The main beneficiary of the PKFZ mega-project, Datuk Tiong King Sing, the MP for Bintulu, should clear the air over the many questions about the mega-project right from the genesis of the project to its present day. Tiong had made a name for himself for demand for transparency and outspokenness against organised crime in Sarawak. He must show he is fully committed to transparency in the PKFZ deal, as he is the main mover of the project being the person behind Kuala Dimensi Sdn Bhd and Wijaya stable of companies, directly involved in the RM1.8 billion land sale to PKFZ and the RM1.3 billion contract to develop the land.

The PKFZ was touted as modeled after the successful Jebel Ali Free Zone in Dubai, to be the regional export and transshipment hub for manufactured goods. After expenditure of over RM3 billion ringgit, the PKFZ has nothing to show except “the forlorn and pathetic air of a failed mega-project”!

MAS made RM132.71 million in first quarter of 2007

May 31, 2007
Congratulations to Idris Jala and his team for achieving what they were trusted to do with flying colours. But I have similar questions to ask MAS. Malaysians have the right to know the full facts and figures as suggested by “High-Flying Truth” . Others GLCs may also want to know and learn from Idris Jala and his team on how to turnaround an ailling GLC.

We just want to be sure, the good news is not a by-product of ‘creative  accounting’ but truely a good news.    

MAS profits: Full facts and figures please

High-Flying Truth
May 30, 07 2:19pm
I refer to the malaysiakini report RM132.71 million: MAS’ Q1 profit report on MAS’ turnaround plans and its encouraging profits. While congratulations are definitely in order for MAS MD Idris Jala and his men and women, I would still hold my final adulation until I am given all the facts first.For instance, how much of the increase in revenue and profit is still attributable to subsidies and reimbursements coming from parent company PMB ( Penerbanagan Malaysia Berhad)? Talking about PMB, what has happened to it? Is it still functioning or has it been moth-balled?I still want to know if interest and leasing costs are being subsidised by taxpayers via PMB as well how much of the domestic sector losses are being absorbed by PMB if any.

It has also been reported that the cost of the VSS (Voluntary Separation Scheme or whatever they call them) has been subsidised by government. How much has this has affected the bottom line of MAS for this year and for the years to come?

Its all right to have press conference and announce glowing numbers but public must also have all the relevant facts before we can decide whether the turnaround plan is working.

I am sure the new team has done well, better then the previous one but let’s have all the facts please. Now they want to go frolicking in the low cost airlines business. Just how much is this going to cost the taxpayer yet again?