Wednesday, December 05, 2012

Stealthily, Malaysia Airports get new directors

Azman Mokhtar's Khazanah Nasional has brought into Malaysia Airports a couple of new directors, fuelling suspicion of yet another attempt to push out president and group CEO Tan Sri Bashir Ahmad. If there's really, absolutely nobody from Malaysia Airports who is good enough to lead Malaysia Airports, surely we must consider Khazanah's longstanding dream of bringing in an outsider to helm the GLC. But, please lah, the candidate must have a good track record.

Plus, I am sure Bashir has a succession plan. If he doesn't have one by now, damn!



23 comments:

Anonymous said...

running dog, whats next from you? wanna more whisky in exchange for your soul, dog?

Jasper Bloodstone said...

Will that put the kibosh on MAHB's reported plan to join a consortium that would be bidding to acquire Stanstead Airport in the UK?

Perhaps there is a feeling among the powers that be that MAHB's flagship KLIA is losing it's shine against competition from the likes of Seoul Incheon, Hong Kong International and Changi Airports in the region.

Could the next step be to privatise MAHB or will Khazanah sell a significant stake to a third party airport operator, with management control?

With the Asean open skies agreement kicking in by 2015, and facing ever-increasing competition from mega airports in the Gulf region, the government cannot afford to let KLIA's position in the regional pecking order fall any further. That would necessitate fresh thinking and management.

Anonymous said...

Najib kena tikam belakang gangnam style. Haha ...

Dato Rock ..

Do you know that Maybank decide not to renew its 6 month loan to FELDA IPO's shareholders? The loan will expire this coming 11th Dec.

Today, FGV price is only at 4.61 compared to purchase price of 4.65. Investor sudah loss 0.04 sen. Add interest on 6 months loan to Maybank ... tambah lagi losses.

Aiyak ... why la Maybank dont want to support this gomen back-up company? Maybank also dont have confidence with Najib gomen ka? Or dia saja mau backstabe Najib for what ever purpose ... mmm

Whatever it is ... many people sudah manyak marah ooo.. sebab sudah rugi beli ini FELDA punya share.


Bisa Sama

Anonymous said...

Bashir Ahmad is a crooks..period.

Woi Rocky, why you always promote and defend crooks...crooks like Madey, Najib, Rosmah, Muyhddin and now this Bashir chap !!

Anonymous said...

Rocky,
Nobody seems to have a plan for anything in Malaysia. The country is being run like a rudderless ship or a ship with no captain.

Anonymous said...

Suruh diorang attend dulu KURSUS Gani Petail dan MACC untuk halalkan RASUAH!

Jock said...

Geng-geng Khazanah ni asyik dok rotate muka-muka yang sama. Dari GLC tu pergi GLC ni. Gaji mengalahkan Yang Dipertuan Agong. PM pulak pejam mata. Bila lagi laa nak ambik tindakan?

the toothless fella said...

Rocky,as usual Umno cronies power play at work.I am sure you know what I am talking about.Rout them out,will ya?

Anonymous said...

Once a crook always a crook.Once a crony alway a crony.No matter good or bad,Khazanah will be seen as a useless GLC out to fulfill their managers personal piggybanks.

the gaffe guy who know's said...

It is Umno cronies mentality at work.Always the factions among the cronies in coporate power plays.Look what is happening in your MM,NST and the rest of the Umno stable.Open your eyes,ears and mouths if you guys are not blind,deaf and dumb.

Anonymous said...

Bru,
Heads are being moved in time before the next GE13.
Whats your take on Zaki Zahid moving into KFC-QSR?

wak

Anonymous said...

Dato,
AMOKs contract as MD will end March next year,maybe there is a hidden agenda behind this exercise.We just wait and see.

Anonymous said...

AMOKH is doing a good job otherwise the wise Najib will not retained him. It's a simple logic.

Anonymous said...

Kalu Syed Hamid boleh lepaskan PULAU BATU PUTIH,,,Silap-silap MAHB gadai juga kalu bagi pada Syed Feisal,,,Abang Adek Ma,,!!!

-Jaki Chan-

Old Fart said...

Is it for Bashir to have a successheion plan? Unless of course he is the controlling shareholder. Otherwise it should be the boards or whoever the controlling shareholders are. I am not suggesting that I approve of what Khazanah might be up to, or if this is a case of cronyism. But if Khazanah are the majority shareholders, then it is for them to put in donkeys as directors. Really!

Old Fart said...

Is it for Bashir to have a successheion plan? Unless of course he is the controlling shareholder. Otherwise it should be the boards or whoever the controlling shareholders are. I am not suggesting that I approve of what Khazanah might be up to, or if this is a case of cronyism. But if Khazanah are the majority shareholders, then it is for them to put in donkeys as directors. Really!

damansaraman said...

Dear Rocky

One of Najib's key task towards the success of the ETP is getting the right corporate leaders to helm our GLCs.

And the yardstick should be plain and simple; if you are incapable of manning a company with ready government contracts, special licences and God knows what business previllages, then out you go!

Sadly this is not happening more often than not.

Its only the small true SME entreprenuers that always faced the music for their failures while the BUMBLE BEES of Corporate Malaysia is always spared and pampered like the spoilt mommy's boys that they are

Its acutely similar with our political scene where GOOD FOR NOTHING EXPIRED POLITICIONS always got their way by blackmailing BN when in the real actual commonsense world, these so called warlords is worth nothing.

In fact we keep asking ourselves, is the Top Leadership stupid for keeping them?

NAJIB SHOULD REMEMBER THIS, AND THIS ONLY.

We the Rakyat is not stupid to vote the opposition just because an expired person like Lajim Ukim said he controlled the votes in his constituency thus pick him or face death.

THE RAKYAT IS NOT STUPID

REMEMBER, ITS OUR VOTES THAT UNSEATED PAK LAH. If we can do that to the PM, then who are these jokers?

So Najib better start doing MANY EASY DECISIONS (what so hard about it anyway?).

The same goes to the so called corporate, and agency leaders.

We the Rakyat have been a loyal obidient supporter for far too long.

Choose the right candidates; meaning those with real sound track records

ONLY A SUPER STUPID PERSON would appoint somebody with a proven track record of failing to lead a GLCs, let alone MNCs time and time again

And they are abundance up there.

Why should Najib risk his power over these people?

Are these people more important than The Rakyat and The Country?

BN and Najib should take this grand opportunity as, lets be honest, you are facing a super incapable and untrustworthy group as your opponents in the next GE.

Should your opponents are a group of highly capable group of people with clear vision in leading this country, then BN can kiss GE13 goodbye.

SO GRAB THIS OPPORTUNITY WHILE ITS STILL VERY MUCH AVAILABLE

Do all the needed changes immediately, and we the Rakyat will be behind you.

the toothless fella said...

Rocky,what is the difference between Bigdog,Deepak and Musa Hassan.They were cronies and stooges of Umnoputras.

Anonymous said...

Why stealthily?Because Rocky's buddies are getting the boot.Hehehe.Or else he will be as quiet as a tikus.

Anonymous said...

the arab spring will soon be here.where will bigdoggy and you be hiding,rocky.

Mazlan said...

Surely PMO has authority over Kahazanah as they are using taxpayers funds?
If Najib can't deal with this issue of AMOKH when you can see it - why doesn't he do so?
Does it mean he has no cojones?

Anonymous said...

Published: Friday December 7, 2012 MYT 6:54:00 PM

Khazanah MD's contract renewed for another 3 years



KUALA LUMPUR: Khazanah Nasional Bhd's board of directors has renewed managing director Tan Sri Azman Mokhtar's contract for another three years.

The government's strategic investment fund said on Friday the new three-year term would be from June 1, 2013 to May 31, 2016.

Azman, 51, assumed his current position on June 1, 2004.

Jasper Bloodstone said...

It will be interesting to see how MAHB will explain how the consortium they are a member of was kicked out of the Male airport project in the Maldives.

Apparently, the consortium backed the "wrong horse". And when a change of administration took place in the Maldives, it was kaboom for the consortium.

Let's see how much they get in compensation from the Maldives government and how much they will have to "write off" in terms of monies already spent.