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Read More : http://www.malaysia-today.net/a-realignment-of-alliances/


But that was what Tun Dr Mahathir said. Is this true?

Last year, the truth was revealed when Wikileaks exposed the exchange of communications between the United States Embassy in Kuala Lumpur and Washington. According to the US Embassy, Tun Abdullah told them that Anwar wanted to return to Umno but there was resistance from certain people. And this ‘certain people’ was Tun Dr Mahathir Mohamad who threatened that he would oust Tun Abdullah if he brought Anwar back to Umno.

So what Tun Dr Mahathir told me was true after all. Tun Abdullah told the US Embassy the same thing — that in turn reported to Washington and now has been leaked by Wikileaks.

So now I understand why I had been instructed to not attack the First Family, Khairy included. Anwar was talking to them about his return to Umno.

Over the last year or two Tun Dr Mahathir and his boys (the Umno Bloggers included) have been attacking Prime Minister Najib Tun Razak. I started probing as to why they are so angry with Najib and I was told that it is because Anwar and Najib are ‘talking’ and this upset Tun Dr Mahathir.

I was still sceptical about this until last Christmas when PKR’s Secretary-General, PAS’s Secretary-General, and Zahid Hamidi, met for ‘unity talks’ in London. The PAS President who was also in London refused to join the talks but he met me in Manchester the following week to confirm the talks.

And, today, Dr Mahathir’s sort of ‘mouthpiece’, Kadir Jasin, revealed what is going on. And when Kadir Jasin talks that is the same as Dr Mahathir talking. And, according to Kadir Jasin, Najib and Anwar are talking about a deal where Anwar will be given back his job of Deputy Prime Minister. (READ HERE).

PAS, of course, knows this, and that is why they do not want Anwar replacing Khalid Ibrahim as the Menteri Besar of Selangor. And this was also why the PAS President refused to join the Umno-PKR-PAS ‘unity talks’ in London over Christmas last year.

Anwar is not really interested in the job of Menteri Besar of Selangor. He just wants that job to facilitate a deal with Umno and ‘give’ Selangor back to Barisan Nasional through a ‘unity government’ in return for the post of Deputy Prime Minister of Malaysia.

Now, after ten years since Khairy walked into Anwar’s house through the kitchen and the meeting Taib arranged at Tun Abdullah’s house in Kepala Batas, Anwar’s dream of returning to the government as the Deputy Prime Minister may finally come true.

What a long and winding climb back to the top for Anwar. And with Najib under attack from Dr Mahathir and his gang, Najib needs Anwar more than ever, more than Anwar needs him.

Does Dr Mahathir realise that his attacks on Najib just helps Anwar get back his job of Deputy Prime Minister? And if you say that Anwar is not interested in becoming Deputy Prime Minister, then why did he take Dr Mahathir to court to try to get his sacking declared null and void?

Anwar wants back his job of Deputy Prime Minister so badly to the extent of using the court to help him get back his job. But he failed in court so now he is trying to use Najib instead. And that is why Tun Dr Mahathir is attacking Najib. And Dr Mahathir’s mouthpiece, Kadir Jasin, has just confirmed this.

Phew! Isn’t Malaysian politics interesting?

this is another sumatech in the making

Date of change 28/02/2014
Name Nordin Bin Mohamad Desa
Age 58
Nationality Malaysian
Designation Non-Executive Director
Directorate Independent & Non Executive
Type of change Resignation
Reason Due personal reasons
Details of any disagreement that he/she has with the Board of Directors No
Whether there are any matters that need to be brought to the attention of the shareholders No
Qualifications -
Working experience and occupation -
Directorship of public companies (if any) -
Family relationship with any director and/or major shareholder of the listed issuer -
Any conflict of interests that he/she has with the listed issuer -
Details of any interest in the securities of the listed issuer or its subsidiaries -

you said mamak bohong. yes the one mamak is always bohong is PR top leader Anwar Ibrahim. Tak nak retire ker ? penipu besar.

hahah tu la aku pelik.kata BN tu rasis la aper la.tapi u call mamak with all sort of name also can. even anwar ibrahim also mamak. its already expose by raja petra. that is the reason sultan of selangor dont want him because he is mamak and sultan is for bugis line. even in pr also got mamak which is latifah koya. she is koya kutty.

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yes for the first time in the country history malay now start moving up and field up all the top rank of the wealthiest people in malaysia.Hope UMNO will remain as the strong push for malay. Only them can push malay to its level. I agree with saufi. last time is ABU (ASALKAN BUKAN UMNO) and now we will support UMNO and now we shout ABAI (ASALKAN BUKAN ANWAR IBRAHIM). Hate this stupid puppet Anwar. Just trow him shi....t is better.

the way they pump and dump in big you can see this one is a big shot.

http://www.bloomberg.com/news/2014-02-27/palm-advancing-to-3-000-ringgit-for-coleman-as-dry-weather-bites.html

Palm oil may extend a rally as dry weather in the main growing regions in Southeast Asia spurs speculation of lower output growth just as biodiesel demand expands, according to hedge fund manager Michael Coleman.

Futures may advance to 3,000 ringgit ($914) a metric ton within four months, said Coleman, who helps manage the $143 million Merchant Commodity Fund from Singapore. The forecast implies a 6.8 percent increase from yesterday’s close on the Bursa Malaysia Derivatives in Kuala Lumpur. Palm last traded above 3,000 ringgit in September 2012.

The world’s most-used edible oil is heading for the biggest monthly climb since October amid water shortages in some Malaysian states and dry weather in parts of Indonesia. The two countries account for about 86 percent of global production, according to the U.S. Department of Agriculture. While inadequate rain generally hurts supplies nine to 18 months later, prices move in advance, said Coleman, who started trading commodities at Cargill Inc. in 1982.

“It doesn’t matter that it takes 12 months for it to actually impact, so the price leads,” Coleman said in an interview in Singapore on Feb. 25. “The market has become more headline-driven. Outside speculators, they see dry weather and they know that palm trees don’t like dry weather.”

Most-active futures rallied to 2,818 ringgit a ton yesterday, the highest price since September 2012, and settled at 2,810 ringgit. This month, the price of the oil that’s used in foods and biofuel climbed 9.8 percent.

El Nino

Investors are also increasing bets that an El Nino weather pattern will happen later this year, potentially cutting palm output, said Coleman. The event, which affects weather worldwide, can parch Indonesia and Malaysia.

Dry weather in Indonesia may limit the expected increase in palm production in the first half, Martua Sitorus, executive deputy chairman at Wilmar International Ltd., said on Feb. 21. The Singapore-based company is the largest palm oil processor.

The drought in Malaysia prompted water rationing in areas around the capital, with Khalid Ibrahim, chief minister of Selangor state, saying Feb. 24 that local raw-water supply is in critical condition. In Indonesia’s Riau, the second-biggest province on Sumatra, a haze emergency is declared to March 12 on smoke from fires, Sutopo Purwo Nugroho, a spokesman at the disaster management agency, said in a text message today.

Singapore, the island city-state that’s located between the two countries, is experiencing a record dry spell, according to the National Environment Agency. The dry weather, which has parched parks, may extend into the first half of March, the agency said Feb. 22.

China Demand

While palm usage in biodiesel is beating expectations, there was disappointing demand in China and current economics for food usage is not favoring palm, according to Coleman. The market is telling people to use less palm oil for cooking, and that is acting as a restraint, he said.

The premium of soybean oil futures in Chicago over palm narrowed to $58.267 a ton yesterday, according to data compiled by Bloomberg. That compares with an average of $202.529 over the past year. The oils are substitutes.

Indonesian output of palm oil will increase 8.8 percent to 31 million tons in 2013-2014, while Malaysia’s will decline 0.6 percent to 19.2 million tons, USDA data show. Global supply is forecast at 58.4 million tons from 55.8 million tons.

Yes i heard to. But the investor they mention to me or rumor is Tun Daim Zainuddin or His team. Im not sure. They said after Diam sell Bank in UK now focus in Malaysia. But dont take this serious as i also dont know.just only heard cakap2 or rumor only. dont know who is the whiteknight.

hope can reach TP 0.20

let us see how bursa act on this. Yes or No on extension :-) .

looking at the detail latest financial statement and regulation plan on the road it think there is still a chance that bursa will allowed this extension as the date for meeting with scheme creditor already fixed and after that we will know whether PATIMAS will be safe by this white knight. On the dividend part i also dont know human error or there is a dividend or there is not. heheheh.

aik why in pdf copy under section B9 Dividend it stated that the director do not recommend any dividend payment in respect of the current financial period under review

aik where got dividend la

Is there any counter out there has been granted extension 2nd time in the past history? anybody know any ?

what TP?

heheheh a long wait for 0.07. :-)

They only can up to that level if they decide to jump in to oil & gas or most prominent shareholder come into the board or financial result super good. 0.70 is almost unbelievable.

i thought they already announce their Quarterly report somewhere in January 14 ?

and ada rumor tun daim zainudin.tapi tak tau la.

This is a big shark.buy big and dump big. Is this a new shareholder or new investor through private placement?

Good profit and revenue increase so much. The best.

this another one on radar

attackkkkkk hahahhha

Based on the Quarterly report look good. Wait for afternoon session :-) . Profit and revenue Increase. Well done INGENCO :-)

i also dont think bursa will give 2nd chance. Is that ever happen before ? Not sure of the history. May be patimas will become history after 28/2.

aik....can it be another extension ? can bursa allowed this ?

so bored

sengkee....the answer is very simple...private placement,share buy back,penny stock,potential goreng,rotational goreng counter & price low with limited downside. The only thing you will loss is time because u have to wait for the goreng moment....if no passion than better dont enter this counter. :-) .

i also dumped all my asiabio share today. Waiting on attack mode :-) for PATIMAS.

i start Q buy next week for DGSB,TMS & GPRO. This is the counter that not yet shoot up and normally in rotation mode every year. :-) .

hopefully

hey HYG thank for the good info. CPE acquired a few company and they also have adamasfinance focuses on funding growth capital to small and medium enterprises (“SMEs”) throughout Asia, predominantly in Greater China, covering the credit spectrum to meet the underserved financing needs of such enterprises across various industries. Em very interesting and sometime in share market, something will happen when you less expected it to happen. All of people here suggest PATIMAS will bungkus. And we will see what going to happen next.

this counter will not go up far. only 0.005 cent only. Tak guna one. Maybe other counter provide better margin of profit. This one will not never go up since the shark inside no guts or ball to push it up.

aiyo bila mau open for traiding. Already stand all the required money to attack.

counter related to MUI all going up MUIIND,MUIPROP,PMCAP,PMHLDG,PMCORP,PMIND

Congratulation and thank you so much sultan of Selangor.

The palace power play

Source : http://www.malaysia-today.net/the-palace-power-play/

So Anwar is trying to work through the back door by using the Sultan’s family members to sway the Palace. And this has upset His Highness the Sultan who has issued the letter below. His Highness has now officially forbidden members of the Selangor Royal Family from getting involved in the tussle between Anwar and MB Khalid.

PROPOSED PRIVATE PLACEMENT

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Source : http://www.malaysia-today.net/how-lee-was-spared-rm5-million/

Okay, the question is not how much Lee was spared (RM5 million in penalty) when he resigned. We know it is RM5 million. The question is how much was he ‘compensated’ for resigning? That is the more relevant question.

THE CORRIDORS OF POWER

Raja Petra Kamarudin

Lee Chin Cheh said he had a five-minute meeting with Anwar, three hours before he handed his resignation letter to state speaker Hannah Yeoh.

“I wanted to know whether I would be penalised if I quit as all elected representatives were required to sign a contract before GE13. I also wanted confirmation that he (Anwar) would be standing there and thankfully, he put my mind at ease.”

Lee denied claims he quit because he could not handle the workload or that he was forced, or paid to give up the seat. “It’s all nonsense! I asked for nothing. I volunteered because I believe it will lead to a better Selangor in the future.”

As such, roping Anwar on board, and eventually helming the state, would help speed things up, he believed. — Eileen Ng (The Malaysian Insider)

(READ MORE HERE)

**********************************************

Over the past three weeks, Malaysians have been given a muddle of reasons for the by-election, brought about by the abrupt resignation of PKR’s incumbent assemblyman, Lee Chin Cheh. The continuing silence of the man, who won the Kajang state seat in last year’s general election with a 6,824-vote majority, has fuelled all sorts of speculation.

Other than his official resignation letter, there hasn’t been a squeak from the reputedly articulate 43-year-old corporate lawyer, who joined PKR in 2008 after being a Gerakan member for about 10 years. Was it all planned beforehand or was he forced to quit? There are just too many contradictions in the proffered explanations to comprehend.

Instead of rational answers, we are getting a stream of bafflegab — perplexing and pretentious verbiage from the party’s mouthpieces. Some of the things, as explained by the party’s chief strategist Rafizi Ramli, need a real stretch of the imagination — like the excuse that the by-election was needed to prevent a Barisan Nasional coup in Selangor through the declaration of an emergency, as was done in Kelantan in 1977.

It has also been suggested that Anwar had to become the MB to tackle a rise in racial and religious tension and use his political experience to repel attacks against the state government led by Khalid, labelled by his own party as a “good administrator but poor politician”.

Tensions over the word “Allah” and the issue of confiscation of Bibles have also been cited as justifications for Anwar’s entry into Selangor. But don’t the parties in Pakatan Rakyat occupy 44 of the 56 state seats in Selangor, much more than the two-thirds needed to amend the state’s constitution and repeal laws, like the 1988 enactment forbidding non-Muslims from using “Allah” and other “Islamic” words?

Surely, there is no need to change the MB to do that? By the way, a similar law barring non-Muslims from using those words exists in Penang, another PR-ruled state, since 2010 although there have been no cases of Bible seizures there yet.

In not so many words, Malaysians have also been told that the real “strategic reasons” could not be revealed because we would not be able to understand them. But the one that takes the cake must be Azmin’s statement that Kajang voters should feel “grateful” for Anwar’s decision to be the candidate. — M. Veera Pandiyan (The Star)

(READ MORE HERE)

**********************************************

So there you have it. Pro-opposition news portal The Malaysian Insider has reported what Lee Chin Cheh has to say about his ‘abrupt and unexpected’ resignation as the Kajang State Assemblyman. And by Lee’s own admission, his resignation was planned all along. Hence it was not ‘abrupt and unexpected’ as we are being made to believe.

Lee admitted that he had a meeting with Anwar Ibrahim three hours before he handed in his resignation. And the reason for this meeting was so that Lee can get Anwar’s assurance that he (Lee) would not have to pay back PKR RM5 million as penalty for resigning.

80% of the PKR candidates who contested the May 2013 general election were made to sign a personal bond (a copy which you can see below). The purpose of this bond is so that any PKR candidate who wins the election and then resigns would have to pay back the party RM5 million. And Lee was worried that he would have to pay back PKR RM5 million if he resigned.

Why were only 80% of the candidates forced to sign this bond? Why were the other 20% not also forced to sign this bond? And who are these people who were exempted from signing the bond? Are the 80% who were forced to sign this bond the untrustworthy candidates while the 20% who were not forced to sign this bond the more trustworthy ones?

Read More & Prove inside : http://www.malaysia-today.net/how-lee-was-spared-rm5-million/

Source : http://www.malaysia-today.net/rm40-million-spent-on-football/

Khalid also said his administration was informed that the MACC is currently investigating allegations that funds meant for the PKNS football club (FC) was misused. Three state executive council members will be tasked with monitoring funds meant for the PKNS football team amounting to RM9 million per year.

THE CORRIDORS OF POWER

Raja Petra Kamarudin

Since Pakatan Rakyat took over the Selangor State Government in 2008, the Selangor State Economic Development Corporation or SEDC (PKNS) — the state agency currently facing controversy regarding the ‘sacking’ of Azmin Ali from the Board of Directors and the non-renewal of the employment contracts of 22 staff members — has spent RM40 million on football.

Actually, just to digress a bit, Azmin Ali was not sacked. Board Members serve for a certain term and retire at the end of their term and then offer themselves for reappointment. If they indicate that they do not wish to continue another term then they are not reappointed to the Board. That is how it usually works.

So, when the Board met, it did not renew Azmin’s term. The PKNS General Manager then wrote Azmin a letter telling the latter that he had been sacked, which is not true at all, because, if he was not reappointed a Board Member, and hence is no longer a Board Member, how can they sack him?

According to PKNS, Azmin was the one who asked for that letter to be sent and, of course, the man who collaborated with Azmin in creating this drama of his sacking was himself sacked together with his very expensive ‘assistant’. Now you know why Azmin’s people protested when action was taken against his collaborators.

The same for the 22 staff whose contracts were not renewed. But we will talk about that matter later in another episode. Today we want to talk about the RM40 million that PKNS has spent to finance the PKNS Football Club (http://pknsfc.com/) since Pakatan Rakyat took over the State Government.

The RM40 million was the total spent over about six years. Initially, just before Pakatan Rakyat took over in 2008, it was less than RM2.5 million per year. Then it started to increase and over the last three years it has shot up to as high as RM10 million a year today.

The money to finance the PKNS FC comes from two subsidiaries, SIC and Selaman. The problem that PKNS is now facing is that the accounts are in a mess and no one can figure out how the money was spent or what has happened to it. Most of the expenditure is not supported by documentary evidence.

The people involved in the PKNS FC are as follows:

1. Three Senior accountants of PKNS (salaried and full-fledged PKNS staff)

i. Azhar Ahmad.

ii. Nor Hisham Ghouth.

iii. Tuan Hj Ishak Bakri – Juruodit PKNS FC.

2. Sports manager – Raja Mohamad Raja Harun.

3. Sales Manager Shah Alam PKNS – (Azmi Adnan).

4. Land Manager Shah Alam PKNS – (Mahfizul Rashid).

5. Security Manager PKNS – (Roslan Sekin).

6. Clerk from finance department (he has since left PKNS after the fraud issues emerged) – Farid Buniran.

7. Hamzah Jaafar.

8. Suhaimi Hamid.

All these people, who cost the taxpayers about RM200,000 a year in salaries, are paid by PKNS, on top of the allowances they receive to ‘manage’ the PKNS FC. They are, of course, aware of the mismanagement of PKNS FC’s funds but no one wants to be the whistleblower, for obvious reasons — they are being well paid to ‘toe the party line’.

I suppose Pakatan Rakyat is very particular about ‘toeing the party line’. Hence these people are doing just that while enjoying millions in salaries and allowances over the last six years and while the PKNS FC bleeds another RM40 million.

****************************************************

Selangor forms task force to monitor usage of PKNS funds

(The Malay Mail, 12 Feb 2014) – The Selangor government has announced the formation of a special task force to monitor how the Selangor State Development Corporation (PKNS) is using its funds.

Selangor Mentri Besar Tan Sri Khalid Ibrahim said the move is necessary as there are issues concerning the usage and expenditure of funds belonging to PKNS, which “needs to be improved.”

Khalid also said his administration was informed that the Malaysian Anti-Corruption Commission (MACC) is currently investigating allegations that funds meant for the PKNS football club (FC) was misused.

“There are some issues which needs to be resolved. I have appointed Iskandar Samad, Datuk Teng Chang Khim and Rodziah Ismail to monitor the expenditure of PKNS funds,” he told reporters at a news conference here.

The three state executive council members will be tasked with monitoring funds meant for the PKNS football team (RM9 million per year), entrepreneurial development (RM5 million per year) as well as corporate social responsibility (CSR) amounting to RM30 million each year.....

Read More at : http://www.malaysia-today.net/rm40-million-spent-on-football/

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dont think this one can even break 0.07.This is non performing counter and dont waste time wait for the price to shoot up. Better attack ETITEC look more promising and on uptrend.

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waaa sindiket tell everyboy he is a sindiket. :-) .

Bye Bye soong22

Waaa CBC your face so expensive... ahhahahah. More expensive then KOK face. Hhahahaah.