Final update, Sat 27/3 4pm:
A Voice has a posting entitled SC Chairwoman renewal politics?
"The feedback received from conversations with few banker and fund manager on her have been good. It is her sheer good luck that those spoken are baik sangka (well intention) people. She was described with great superlatives on her integrity, ethic and work rate.
"Perhaps the ECM Libra-Avenue merger debacle is an exception. She was then thrown in the deep end of the pool early in her appointment. Would be good if she could clarify the issue once and for all."
Updated 6.30 pm, 26/3/2010: Securities Commission chairman Zarinah Anwar to stay on as chairman for another year when her current contract ends on April 1, 2010.
End of 6-year wait? What I hear is Proton - VW tie up to assemble cars is in the offing next month. This would be Proton's biggest coup in more than 20 years - since Mitsubishi. It also ends the national car company's 6-year wait* under Pak Lah's administration to find a partner. Bringing in VW is a major feather in cap for Malaysia. It also means fresh employment opportunities as VW will fill up Proton's Tanjong Malim plant's utilisation gap.
* While Pak Lah failed to get a partner for Proton, he did succeed in selling one of the world's TOP motorcycle brands for ONE euro. The company is now worth a couple of hundred million in DOLLAR terms. How does Zarinah Anwar the SC boss fit into all this? Well, her contract is ending and if she goes off on April Fool's day, then the person many blame for not pushing the Proton board hard enough on the sale to GEVI would be gone. Some say she should also answer for the ECM Libra-Avenue deal, but that's another story.