Time to charge

Now or within the next three months is the best time for the 15th General Election (15GE)

The MMO story:

Umno No 2 calls for fresh elections, cites Perikatan’s slim parliamentary majority as reason

Wednesday, 01 Jul 2020 10:13 PM MYT

BY YISWAREE PALANSAMY

KUALA LUMPUR, July 1 — Malaysia should go to the polls soon, Umno deputy president Datuk Seri Mohamad Hasan said tonight in a “live” broadcast on the Umno Online Facebook page.

The Rantau assemblyman said the Perikatan Nasional (PN) government—of which Umno is a partner—is in a very fragile state due to its slim majority in Parliament, adding that because of this, the alliance is  “under constant threat”.https://tpc.googlesyndication.com/safeframe/1-0-37/html/container.html?n=0

“For me, the Perikatan National government is a government which has a very slim majority. With a government like this, it is difficult for us to table policies in Parliament, because it [the government] is always under constant threat, and as I said, under siege.

“We as the government now, I, as someone from the party representing the government. I say that Tan Sri Muhyiddin Yassin has not much choices, because for me, I feel he too wants to see a new mandate. Otherwise, [he has] to get up every morning to see whether or not I still have my seats.

“We cannot afford to have a government like that. What more when people see, they would think what kind of country is this,” Mohamad said.

He added that Muhyiddin’s popularity rating as prime minister is currently high but won’t last long, given the government’s position now.

“Who would want to invest in a country where its [government] majority is too slim? That’s why I say we cannot wait long,” Mohamad said during the Kabor Chini talk show.

He also said that in the current situation, it would not be a difficult task for the Opposition to vote down policies.

“So what is the best way is to get a renewed mandate? I trust the people are able to evaluate,” he added.

At about the same time as Mohamad’s talk was livestreamed, Muhyiddin released a statement on his Facebook page expressing confidence that he holds the majority political support in the country, amid the Opposition’s attempts for an ouster. 

The Bersatu president said the heads of 12 political parties attended a meeting in Putrajaya earlier and expressed support for his informal PN alliance. 

Datuk Seri Mohamed Azmin Ali who is currently partyless, was listed as present at the meeting as the PN chief whip alongside Datuk Seri Hamzah Zainuddin as Bersatu secretary-general.

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The Malaysian Government under Prime Minister Tan Sri Muhyiddin Md Yassin for the past four months did very well to control here in Malaysia the global crisis of Covid-19 Pandemic.

This include the Special Aide worth RM250b in various stimulus packages to brace the impact of global economic downturn and later recovery in some of the critical sectors.

RM20b in cash have been dished to the much needed B40 and lower M40 and SME/Is.

However, the full brunt of the global economic downturn has not been fully realised and braced by Malaysians at microcosm level.

A good example is the SME/Is. This mid economic sector employs the biggest workforce.

Hence, it is wise to let the rakyat decide now.

After all, the Opposition is at its lowest ebb as a pact, with amongst themselves not quite organised and the motley crew is in a helter skelter mode after Prime Minister Dr Mahathir Mohamad impulsively and summarily resigned a little over four months ago, mainly over the issue of ‘succession plan’.

The twelve Presidents of Perikatan Nasional met yesterday was a sign that they are preparing for the 15GE within short to medium term.

Astro Awani story:

Presiden parti yang menyokong PN zahir sokongan kepada Muhyiddin

PUTRAJAYA: : Ketua-ketua parti yang menyokong Kerajaan Perikatan Nasional (PN) mengadakan satu pertemuaan di Putrajaya pada Rabu.

Dalam satu kenyataan di Facebook, Perdana Menteri, Tan Sri Muhyiddin Yassin, yang juga Presiden Bersatu, memaklumkan semua pimpinan parti menzahirkan sokongan kepada beliau.

Katanya, mereka bermuafakat untuk memperkukuhkan persefahaman serta kerjasama demi kestabilan politik, kesejahteraan rakyat dan kemakmuran negara.

Yang turut hadir pada pertemuan itu ialah presiden UMNO, PAS, MCA, MIC, PBB, SUPP, PDP, PRS, PBS, PBRS dan STAR.

Mesyuarat selama dua jam itu turut dihadiri Datuk Seri Mohamed Azmin Ali sebagai Ketua Whip Kerajaan PN dan Setiausaha Agung Bersatu, Datuk Seri Hamzah Zainuddin.

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Even veteran politician/statesman issued a statement about the matter:

PRESS STATEMENT ON COVID PANDEMIC

2 JULY 2020

“Hope for the best, do our best but prepare for the worst”

By Tengku Razaleigh Hamzah

Member of Parliament1) Based on news reports, the Covid pandemic is of a global scale that seems frightening. More than 10 million people in the world are now infected and more than 500,000 people have died so far. The figures are still rising fast in many parts of the world. The known infections are based on those who have been tested positive. The real numbers could be many times higher since many infected people are known to have little or no signs (pre-symptomatic and asymptomatic) of Covid-19. 2) According to numerous news reports, this deadly virus (which is still mutating) attacks the victims’ immunity system (like Aids), cause blood clot and multi-organ failure, not just the lungs. New studies have shown that this virus also attacks the testicles of young males and causes heart attacks on young people. Patients who have recovered are not immune and can be re-infected. Some patients have reported having symptoms for three months. Many doctors and health officialsdo not know what else to expect next. 3) The World Health Organisation (WHO) has warned on 26 June 2020 that millions of people could die in a second wave of infections which might have already started in other countries.4) WHO compared the current Covid pandemic with the Spanish Flu pandemic (caused by a H1N1 virus) of 1918/19 which infected more than 500 million people in a global population of 1.5 billion people then and which killed 50 million to 100 million people. The tragedy was that they could not find a vaccine. Eventually, most countries developed “herd immunity” to overcome the pandemic the “natural way”but with a huge human & economic cost.5) The last pandemic, the Swine Flu of 2009, by another strain of H1N1, which started in Mexico and US and affected most pig rearing countries, infected 1.4 billion people worldwide and killed between 151,700 to 575,400 people around the world. A vaccine was found 6 months after the initial outbreak and the pandemic ended. 6) 2002/2003 SARS was only a small outbreak infecting 8,098 and killed 774 people. All the infected patients of SARS, unlike Covid-19, had clear symptoms so it was easy to identify and isolate them and control the infections.7) When a disease reaches an epidemic or pandemic proportion, only a workable vaccine could end it, otherwise like the Spanish Flu, the cost to human lives & suffering and economic devastation would be colossal. 8) Nature, via natural selection, has its own ways of eliminating the “inefficient” viruses. This novel coronavirus, which is still mutating, seems to be “super-efficient” in infecting, harming and hiding from detection. Only a vaccine can end the pandemic. The statement by the Government on 27 June 2020 that a vaccine is needed to resolve this pandemic, is welcome news.9) Social measures (social distancing, wearing face mask, use of hand sanitisers, etc.) are only meant to contain and control the infections and to buy time for us until a vaccine is found. The social measures cannot end the pandemic. For a still largely un-automated and un-digitised “brick & mortar” economy like ours based mainly on agriculture, manufacturing and construction, social measures (based on studies reported) also have negative and harmful side effects,and are not sustainable on a long term basis. For example, social distancing presents a problem in early and primary education where close human interaction is required and it also disrupts most of our productive processes. Over-use of face mask can cause a lack of oxygen and too much carbon dioxide which can be harmful. Too much usage of hand sanitisers can cause skin problems. 10) We should ensure that those who are most vulnerable (poor, sick, disable, unemployed people, etc.) are not neglected or being sidelined in any way from any forms of aids. Compassionate considerations must be given to such vulnerable groups when implementing the social measures. 11) The Government and its relevant agencies have so far done a good job in using social measures to keep the infections low and under control. The Government has also done well in providing the healthcare and treatment needed for infected patients of Covid-19. Our frontline healthcare workers havedone a marvelous job here and should be roundly applauded.12) Despite the low infection rates at the moment but with our porous borders and millions of foreign workers and mostcitizens not tested yet, it is possible that there could be countless people out there who could be infected and who may be asymptomatic. This point is merely a word of caution.We really do not know the actual situation until enough tests are done. The US CDC has just announced that for every infected person detected in the USA, there are at least 10 more infected people who are undetected, meaning as many as 27 million people in the USA could be infected today. The Government agencies concerned should test as many people as possible and to learn more from other countries on the contact tracing system with those tested positive.13) We should be honest and realistic with ourselves and while we should do our best, we should not be too concerned about having zero cases of infections. Of course, it is most welcomed if we achieve zero cases, but it may not be sustainable until a vaccine is found and based on point 12above. Based on news reports, Beijing had zero cases of Covid-19 for 56 days until there was 1 new case on 10 June 2020 and by 14 June 2020, they had 51 new cases. New Zealand, a secluded island of 5 million people, after 24 days of zero cases, reported 2 new cases on 17 June 2020. 14) The Government’s main responsibility is to continue to ensure that agreed social measures (SOP) are being implemented appropriately, provide adequate healthcare & treatment and to prepare the country for future waves ofinfections.15) Until a workable vaccine is found, we have to find the right balance on the social measures needed to control future infections and how to carefully open up our damaged economy to stop the internal hemorrhage. The Government has stated that tourism (worst hit sector), has suffered a loss of RM 45 billion in the first half of this year. The Government has also warned of RM 1 trillion losses caused by a collapse of the banking and financial system if the economy is not open up soon enough. This is the greatest challenge today for our country (and other countries) to address.16) Since the only way to end this ‘silent genocide’ is to find avaccine and we do not have any local expertise in this area and in view of the global geo-politics & pharma-politics of Covid vaccines, our government and the banking & financial sector (for the sake of its own survival) should do much more to support, assist and facilitate any genuine private sector initiatives in finding and securing a workable vaccine from reputable sources overseas. Most vaccine developments overseas are undertaken by private sector biotech firms.17) As we are still sailing in unchartered waters and we should learn as much as possible from the measures undertaken in other countries. We should also not take anything for granted and be open and innovative in exploring any viable ideasneeded. We need a holistic integrated approach, including protecting nature and environment, to deal with this deadly and devastating pandemic.18) This pandemic is too important for our country’s survival to be politicized by any quarters. I would like to call upon all parties, all sectors and the public to support the government of the day in managing this crisis equitably for all. Our country needs to be united and coordinated in facing thismost dangerous and invisible threat to our very existence.

Media Coordinator

Azmi Anshar

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In preparation of the 15GE, for PN to work is the separation of seats contested and no over lapping contest or it would just benefit the Opposition in a three or more corner fights.

Hence, the parties within PN would be squabbling for seat allocations.

UMNO should be stern about putting the Baseline down. The seats won on 14GE bt 10 May 2018 should be the Baseline.

Anything out of those constituencies can be negotiated and allocated amongst the twelve PN parties.

What is interesting is that UMNO and PAS inked the Muafakat Nasional charter Sept last year and already got their technical discussions in motion, which include seat allocations.

Another interesting point is that UMNO has still the best and extensive political machinery structure, with more than 22,000 branches.

The past five by-elections with Extraordinary performance in Tanjung Piai is a testimony that UMNO, together as MN, is political force to be reckoned with.

Interesting to note, all under the BN-Dacing symbol.

After all, UMNO has proven through the past sixty five years they have been very consistent in the policies and struggle and managed the nation quite well. That has been manifested by the development brought, compounding growth and maintaining stability of the nation, rakyat and economy, admist many rounds of challenges.

Hence, UMNO should be mother-tree in the orchard of many fruit trees where benefits can be harvested and enjoyed by all.

Published in: on July 2, 2020 at 10:00  Leave a Comment  

Ready for the Charge

It is the best time to charge and run against the Opposition, getting them to put their money where their mouth is in the disarray and confession of them being a team which was all along taken as ‘Marriage-of-(in)convenience-between-backstabbing-strange-bedfellows’.

UMNO Deputy President Dato Sri Mohamad Hj Hasan iterated the call that the 15GE be called quite soon, to capitalise the fragmented Opposition pact of Pakatan Harapan.

The Malaysian Insight story:

Mat Hasan urges Muhyiddin to call for snap election

PRIME Minister Muhyiddin Yassin should immediately dissolve parliament and call for an election, said Umno deputy president Mohamad Hasan.

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This is in tandem to what UMNO President Dato‘ Sri Ahmad Zahid Hamidi said three weeks ago that Muafakat Nasional is ready for a general election (GE).

The Star story:

We are ready for GE15, says Zahid

Wednesday, 03 Jun 20202:40 PM MYT

PETALING JAYA: Umno president Datuk Seri Ahmad Zahid Hamidi says his party is ready for the 15th General Election as political uncertainty in the country grows.

“We are ready for GE15. Are you ready to be with us?” he said in a Facebook post on Wednesday (June 3).

While Bersatu president Tan Sri Muhyiddin Yassin is the Prime Minister, former premier Tun Dr Mahathir Mohamad has ramped up attacks on him, signalling a split in the party and that another power struggle is on the cards.

Dr Mahathir Mohamad recently insisted he was still Bersatu chairman following his ouster from the party.

Talk of several more Bersatu lawmakers aligning themselves with Dr Mahathir comes after Bersatu had terminated the memberships of the former premier and four other Bersatu MPs from the party on May 28.

Dr Mahathir and four other Bersatu MPs were issued termination letters by the party following their move to sit in the Opposition bench during the one-day Dewan Rakyat meeting on May 18.

Bersatu secretary-general Hamzah Zainuddin, who is also Home Minister, insists that Dr Mahathir and the four other former Bersatu leaders had terminated their memberships of their own volition and were not expelled.

He said the five terminated their membership because they went against the party constitution, adding that they would now have to ask permission if they want to come to the Bersatu headquarters.

Deputy Youth and Sports Minister Wan Ahmad Fayhsal Wan Ahmad Kamal reiterated Hamzah’s stand, adding that the move to oust the five former leaders was done to strengthen and stabilise Bersatu as well as the Perikatan government.

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UMNO President Ahmad Zahid is following Sun Tzu’s ‘Art of War’ principle of:

So in war, the way is to avoid what is strong, and strike what is weak

And

Engage people with what they expect; it is what they are able to discern and confirms their projections. It settles them into predictable patterns of response, occupying their minds while you wait for the extraordinary moment — that which they cannot anticipate.

Deputy President Mohamad is also taking a cue from Singapore Prime Minister Lee Hsien Loong, who has called for early elections to obtain a strong mandate, Mohamad tells Prime Minister Tan Sri Muhyiddin Mohd Yasin.

Prime Minister Lee called for GE almost a year to the full term as the moment, Singapore and Singaporeans have not braced the peaked effect and full brunt of the global economic crisis arisen from the Covid-19 Pandemic.

When the chips are low, it is expected PAP would not get the overwhelming mandate they are enjoying to be the helm of Singapore.

However, BN Secretary General Tan Sri Annuar Musa who is also Federal Territory Minister has come out to state that the Federal Govt under Prime Minister Muhyiddin is stable and moving forward, which indicates there isn’t a strong pressure for the latter to request for the permission from His Majesty YDP Agong to dissolve Parliament.


Govt is stable, no decision to dissolve Parliament – Annuar Musa

Govt is stable, no decision to dissolve Parliament – Annuar Musa

KUALA LUMPUR (June 26): The current Government is functioning well and there is no issue on the dissolution of Parliament to make way for a snap General Election, said Barisan Nasional secretary-general Tan Sri Annuar Musa.

He said the coalition has not made any decision on the dissolution of Parliament and is now focusing on issues and problems faced by the people.

“The Government is performing well and for me, at the moment, there is no issue on Parliament dissolution because we already have a Prime Minister…no issue on instability too.

“I see a steady Government, the amount of support is increasing, the number of seats is also increasing as some (Members of Parliament) crossed over,” he told reporters after launching the Cartoonist vs COVID-19 exhibition at the Malaysia Cartoon and Comic House here today.

He was commenting on the statement by UMNO deputy president Datuk Seri Mohamad Hasan, who urged Prime Minister Tan Sri Muhyiddin Yassin to dissolve Parliament and pave the way for a General Election to be held following the current political uncertainty.

Annuar described the statement by Mohamad as his personal view and it does not represent the voice of the party.

Earlier, Annuar presented the Cartoonist Award 2020 to Ahmad Hilmy Abdullah, or better known as Mie for his contribution in the field of cartoon and comics in the country.

Meanwhile, the 59-year-old cartoonist, told reporters he spent his free time during the Movement Control Order (MCO) to create more artwork related to current issues including COVID-19.

“We use the information received to make the sketches based on the daily COVID-19 press conference. We draw in cartoon form, so it is easier for people to understand,” he added.

The Cartoonist vs COVID-19 exhibition features over 100 works of 24 local cartoonists and 11 from Singapore and Indonesia at the Malaysian Cartoon and Comic House beginning today until Aug 31.

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Annuar is from the perspective of the executive since the Perikatan Nasional (PN) coalition Government under Prime Minister Muhyiddin is still at infancy stage (100 days) but manage to bring about decisions and roll out action plan, for the nation and most Malaysians especially under the global humanity and economic crisis due to Covid-19 Pandemic.

President Zahid and Deputy President Mohamad are focused to utilise PH position of disarray and complicated status of fragmented former partners.

It is the best time to capitalise all opportunities and at the same time capitulate any shred of opportunity PH leaders getting back together and organise themselves, as per 8 March 2016.

In Sun Tzu ‘Art of War’ verse 18 Chapter 1:

All warfare is based on deception. Hence, when we are able to attack, we must seem unable; when using our forces, we must appear inactive; when we are near, we must make the enemy believe we are far away; when far away, we must make him believe we are near.

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At the moment, PH leaders Dr Mahathir Mohamad, Anwar Ibrahim, Mohamad Sabu, Lim Guan Eng and Shafie Apdal have appeared to be not working together, for a political objective.

A good example is the notion for having Sabah Chief Minister Shafie Apdal as the next Prime Minister.

Malaysiakini story:

Hariz Mohd

Growing support for third PM candidate in Harapan Plus

Published 10 h ago Updated 10 h ago 

As Pakatan Harapan and its allies are stuck with an impasse over the choice between Dr Mahathir Mohamad and Anwar Ibrahim, increasingly another name has popped up as an option for the opposition coalition’s prime minister candidate.

Shafie Apdal, who is the president of Sabah ruling party Warisan, has recently become the talk among top political circles as the potential face for Harapan Plus in their bid to retake Putrajaya from the ruling Perikatan Nasional (PN).

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This itself would be futile, as it is unlikely that the rest of Malaysia outside Sabah would want Shafie Apdal to the Prime Minister.

More so, when he was once being investigated for abuse of power and graft, if not ‘Kleptocracy’.

It is believed that this PH at its weakest ebb, all and in sundry.

UMNO President Ahmad Zahid and Deputy President Mohamad, who are both not in Government, are cracking the whip so that party members and ordinary voters are psyched that Muafakat Nasional is ready to face the Malaysian voters for a fresh mandate.

*Updated 28 June 2020 1000hrs

Published in: on June 27, 2020 at 17:30  Leave a Comment  

They wanted something to go rotten in Denmark

The recent developments proven that former Prime Minister Dr Mahathir Mohamad and his PH political bandits wanted to politically prosecute, as part of the strategy of deceit, lies and manipulation to oust Barisan Nasional under Prime Minister Dato Seri Mohd Najib Tun Razak in the precursor to the 14GE.

Former Attorney General Tan Sri Mohamed Apandi Ali’s Facebook posting 10 June 2020:

A prelude to a chapter in my memoirs!

One evening in January 2018, Dato Sri Gopal Sri Ram came to my house after a couple of calls wanting to speak to me personally and privately.

Since he was a former brother judge, I obliged.

He had indicated that he wanted to persuade me further to unfreeze the accounts of a certain firm as the lawyers who had engaged him needed to be paid and it was from that said account that they were to be paid from.

He had earlier sent in a representation to the AGC as I was the AG at that time but after consultation with the officers in the criminal division, I wrote to him with a negative response.

He arrived at my house with a young Chinese lawyer, and upon sitting down, he launched into his long argument of why I shouldn’t have responded negatively but I countered him and explained that everything I had put in the reply was carefully thought out and argued amongst us in chambers.

Then suddenly, he said, that that was only an excuse to see me and that he had a bigger agenda at hand.

“Tun M sent me to see you.”

“ He wants you to arrest Najib at his office, you go tomorrow at 2pm, we have arranged for the police in Putrajaya to do what is necessary on your instructions. We have also arranged for a magistrate to issue the remand order when he is brought before him or her.”

“Brother, you will be a hero in the eyes of the people and you will be the first AG to arrest a sitting Prime Minister.”

“Don’t worry, we have laid the ground plans, all I need now is for you to agree.”

Then I asked him, “ On what grounds is he supposed to be arrested for?”

He said: “Brother, people out there are frustrated and unhappy, the fact that you arrest him, never mind the reason, will make people happy.”

Gopal Sri Ram was persuasive and he had wanted a response immediately.
I said to let me sleep on it.

He then left with the young Chinese lawyer he brought with him.

At that time, my family and I were also under attack in social media, not only from the opposition but also from within the then government of the day cyber troopers.

There is no reason for me to save anyone when I was “everyone’s enemy.”

Gopal Sri Ram can deny this but I would like to caution that at that material time I was the AG and my house was fitted with CCTV, (one specifically for the hall) and not to mention my bodyguards and the police personnel who was manning the guardhouse in front of my house – CCTV will not lie and I, too, have witnesses.

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This shocking revelation is an evidence how a former FCJ turned practicing barrister who took political side imposed his long term personal and professional relationship on then the AG, to play into the political play.

It is Dr Mahathir evil strategy of deceit, lies and manipulation to oust then Prime Minister Najib and the BN administration, using unscrupulous means.

This came after former Attorney General Tan Sri Abdul Ghani Patail’s affidavit on the graft and CBT charges brought upon Sabah Chief Minister Tan Sri Musa Aman, right after 14GE was concluded.

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These developments are examples of the perversion of the course of justice.

What would be Bar Council’s position on these latest developments. Particularly, the legal ethics of one of its members.

Of course, in the minds of the common people the position of ex-FCJ Gopal Sri Ram now playing a pivotal role as the lead prosecutor in all the charges against former Prime Minister Dato’ Sri Mohd. Najib Tun Razak, now being heard in the courts.

Published in: on June 10, 2020 at 20:00  Leave a Comment  

The Prize of PHantomette

Permodalan Nasional Bhd performed very poorly, even before the global economic crisis due the Covid-19 pandemic and the stewardship should do the right thing and own up.

The EdgeMarket story:

PNB’s net income fell 37% in 2019; expects payout from its funds to remain ‘competitive’ this year

Ahmad Naqib Idris/theedgemarkets.com
May 04, 2020 17:24 pm +08

KUALA LUMPUR (May 4): Permodalan Nasional Bhd (PNB), whose net income fell 36.7% year-on-year in 2019 due to moderation in global economy amid geopolitical developments, expects to maintain competitive returns across its funds this year despite current turbulent conditions.

Its gross income in 2019 contracted by 25.6% to RM15.1 billion from RM20.3 billion a year earlier, and its net income fell to RM10.7 billion from RM16.9 billion. It disbursed RM13.2 billion in income distribution and bonuses to its unit holders in the year under review, 12% lower than the RM15 billion it paid out in 2018.

PNB group chairman Tan Sri Dr Zeti Akhtar Aziz acknowledged the challenges that have arisen given the weak market due to the Covid-19 pandemic, and said the fund’s ability to perform will depend on several factors, namely the absence of another wave of the virus, the implementation of announced policies, the addressing of the issues related to SMEs and rising unemployment, and how quickly consumer spending would pick up.

“Of course, the performance of the companies that we are invested in is important. They are an important part of our effectiveness in being able to generate income and there are actions to be taken to raise the potential of these investments,” she said during PNB’s first-ever virtual press briefing today.

PNB president and group chief executive Jalil Rasheed said the environment is changing rapidly, and that “there will be weaker numbers ahead”, as the fund is mindful that it will be recording weaker earnings this year, given the conditions.

This will impact PNB’s income stream in terms of dividends from its portfolio companies, he said, but added that the fund is eyeing to enhance the potential of the companies under its portfolio through a proposed stewardship framework.

“The idea is to make these companies leaner with better capital management,” he said.

While dividend income will likely be affected, Jalil stressed that PNB has consistently delivered competitive dividends for all of its 14 funds since its inception.

“We always strive to exceed the 12-month fixed deposit rate and have always maintained our conservative stance and to not take excessive risks,” he said.

Diversification to continue
Given the challenging conditions, PNB will continue to diversify its asset base across a range of asset classes to avoid concentration risk, as the current weak global market has opened up opportunities for acquisition of quality stocks at cheaper valuations.

Jalil said global conditions have not deterred the fund from investing overseas as PNB will continue to diversify across geographies as well, although it will have to keep an eye on the strength of the ringgit.

“We see opportunities in markets like this. What will determine our overseas deployment is the strength and weakness of the Malaysian ringgit. If it reaches a point where it becomes too expensive for us to deploy, we may have to slow down our deployment.

“We have done our analysis internally to determine the range at which we could further deploy funds into the international market and at which point we need to scale that back a bit,” he said.

As at end-2019, PNB’s global exposure stood at 8.5% versus 3.3% in the preceding year. The fund is targeting to increase this to 30% by 2022.

Of its global investments, 70% were public equity investments at end-2019, with 14% real estate, 4% private investments and 12% cash.

Diversification is also one of the key areas under its new “Focus 4” strategic plan for 2020 to 2022, which aims to streamline its previous initiatives under STRIVE-15, create value among its portfolio companies, and enhance risk management and organisational transformation.

AUM continued to grow in 2019
PNB’s assets under management (AUM) continued to grow in 2019, despite the economic headwinds and geopolitical developments that resulted in a volatile and uncertain year.

Its AUM breached the RM300 billion mark to reach RM312 billion — compared with RM298.5 billion in 2018 — with units in circulation increasing by 73% to reach 254 billion as at end-2019.

With the RM13.2 billion payout it made last year, its cumulative income distribution stood at RM200 billion for all 14 funds since inception.

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This far worse performance when Tan Sri Abdul Wahid Omar was the Chairman of the largest unit trust agency for the Bumiputera.

Wahid, a chartered accountant by profession, previously served as Minister in the Prime Minister’s Department for economic affairs and Group President of Maybank.

Maybank is the largest banking group and PNB is the majority shareholder.

At the time of Wahid’s departure, the present Chairman Tan Sri Zeti Akhtar Aziz was a member of the Council of Eminent Persons aka Majlis Orang-Orang Tua.

Not quite a year later Rahman left PNB.

The fruits of Wahid as the Chairman and Dato’ Abdul Rahman Ahmad as the President of the Group enabled PNB to deliver the biggest payout to unit trust holders in history.

PNB’s assets under management (AUM) grew to RM276.5b under the duo.

Although the former Bank Negara Malaysia Governor Zeti as the Chairman announced that PNB as Group would be transformed, the performance proven otherwise.

The payout for 2019 despite before the global economic crisis due to the Covid-19 pandemic, warrants the competency of Zeti as the Chairman of the group.

The honourable step for Zeti is to head for the door and take her last elevator ride down from the iconic building at 201-A Jalan Tun Razak, Kuala Lumpur.

However, what is more honourable is for the former Media Adviser to the Prime Minister and one time Tokoh Wartawan Negara Dato’ Abdul Kadir Jasin to comment on PNB’s poor performance under Zeti.

Kadir was very critical of Wahid then and event recently when the latter is appointed the Chairman of Bursa Malaysia.

For the record, Kadir is an active Supreme Council member of PPBM when Tun Dr Mahathir Mohamad is the Seventh Prime Minister and incepted the Majlis Orang-Orang Tua.

Published in: on May 4, 2020 at 23:50  Comments (1)  

Pumping the Petrol

The last two months must have been like a non stop hurricane and cyclone back-to-back one after another for the oil and gas sector, having too many variables and vitality.





Let’s start with the global crude oil price.

Brent crude price for 52weeks

The global Brent crude oil price shed almost 75% within a year. A steep bearish curve the last quarter.

It’s a combined and compounding effect of over production by Russia and Saudi Arabia and the global Covid-19 pandemic, which saw the drastic drop in consumer demand for petrol.

The national oil corporation, Petronas, is not spared.

Petronas recently issued fresh mid-to-long term bonds into the global equity market. It is quite easy to speculate for this draw down of RM26b instruments.

The previous administration of Seventh Prime Minister Dr Mahathir Mohamad, it was said within two years Petronas paid the Federal Government to the sum of RM106b in royalty, dividend, special dividends and prepayments. The poor fiscal management within the two years of Pakatan Harapan compounded by bad policies, decision making and execution.

Upon winning XIV GE and taking over the Federal Government, Prime Minister Dr Mahathir’s administration cancelled the consumer tax or GST, which left the Federal Government revenue impaired by RM46b.

Hence, the Federal Government broke the Petronas ‘piggy Bank’ for any deficit of public spending.

The global demand has dropped from 95mil barrels per day to 20mil barrels per day. Now that the bearish global demand for oil mismatched the production, Petronas plans to reduce their own capacity.

New Straits Times story:

Petronas shuts down 14 projects until oil price recovers

April 24, 2020 @ 10:07am

KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) is said to have reduced the number of its fully active rigs from 18 to four since oil price began dropping late last year.

The national oil company had shut down or warm-stacked 14 projects until oil price recovers to break even levels, an industry publication reported, quoting sources.

Warm-stacking involves temporarily shutting down operations but maintaining minimal activity as a cost-saving measure.

“Petronas is unable to maintain its operation at the current price because its rigs are mainly in deepwater, which are more expensive to run,” the report said, putting the break even level at around US$70 a barrel.

Petronas did not respond to the New Straits Times’ queries at press time.

Petronas’ purported cost-cutting measure reflects the sentiments of the global oil and gas industry.

In the past few months, oil prices had plummeted from nearly US$100 a barrel to under US$20 a barrel now.

Consequently, oil majors have made substantial budget cuts on the back of the Covid-19 pandemic and the Saudi-Russia price war that has sent the oil prices, particularly the US’ crude West Texas Intermediate (WTI), down to historic lows.

Norwegian energy intelligence company Rystad Energy recently said new deepwater projects currently under evaluation by operators in Southeast Asia were likely to face delays.

Rystad said the Limbayong project in Malaysia, Abadi in Indonesia, Shew Yee Htun in block A6 in Myanmar and the Kelidang Cluster in Brunei, were all considered to be at risk in the current oil price environment.

Petronas previously stated that it would strive to maintain its domestic capital expenditure (capex) programme of RM26 billion-RM28 billion this year, while cutting the overseas capex.

***********

Petronas is likely to lose RM31b from the sharp decline of global crude oil price.

FMT story:

Analyst sees RM31 billion lost this year from dip in crude oil prices

Robin Augustin – April 22, 2020 10:00 AM

PETALING JAYA: An analyst in the oil and gas sector warns that Malaysia may lose some RM31 billion in revenue this year due to the low price of crude oil, which continues to be buffeted by the Covid-19 pandemic.

Renato Lima de Olivera, an assistant professor at the Asia School of Business, said the complicating factor for Malaysia is its mature basin and higher production costs compared with producers in the Middle East.

“While most Organisation of Petroleum Exporting Countries (Opec) can still profitably extract oil at US$20 per barrel, many other countries will see their exploration activity come to a halt,” he told FMT.

He was commenting on US oil prices which rebounded above zero yesterday, a day after West Texas Intermediate futures closed at -US$37.63.

Olivera attributed the low oil prices to the drop in demand for the commodity in the transport sector due to Covid-19 travel restrictions.

“About 60% of global oil consumption is in the transportation sector but now, mobility has been restricted as countries adopt lockdown measures.”

And because production has continued at a time when there is little demand, Olivera said the cost of storing oil had increased.

“To clear storage space, prices went negative. Even with Opec members agreeing to cut production by 10 million barrels per day, which is a 10% reduction from the 100 million barrels consumed globally per day, there is still an excess of oil produced as demand has dropped by almost 30%.”

The oil is stored in tankers which are now reaching full capacity. Olivera said even if demand recovers, prices will remain depressed due to the excess oil in storage.

He said this would have a “sizeable impact” on Malaysia as a net oil exporter which benefits from high oil prices.

He noted previous estimates by the finance ministry that a US$1 drop in oil prices would cost the country RM300 million in revenue.

“Petronas, as a 100%-owned national oil company with sizeable international presence, is hurt by low oil prices. With less revenue, it becomes more challenging to make the same amount of capital expenditures and pay dividends to the government.”

Naturally, he said, the oil and gas supply chain would also be affected, which could see job losses and a reduction in economic activity created by capital investments.

He said his analysis showed that if prices remained under US$30 per barrel, fiscal revenue from oil and gas could drop by US$7.1 billion (RM31.2 billion).

On how long these low prices would last, Olivera said in the short term it would depend on the lifting of travel restrictions implemented by countries around the world due to Covid-19.

“The faster the economy returns to normal with people travelling, the better for the oil industry.

“In the medium to long term, the price of oil will be pressured by the energy transition and the efforts by Opec countries to regain the market share lost to unconventional oil producers.”

He said Putrajaya might need to consider the possibility that low prices would be the “new normal” and step up efforts to diversify revenue sources and invest in innovations to reduce domestic production costs.

Universiti Tun Abdul Razak economist Barjoyai Bardai said the price of oil would likely only recover above the US$50 mark next year.

Like Olivera, he expects companies linked to the industry to see high rates of unemployment.

Even after the movement control order is lifted, Barjoyai said the consumption of petrol would probably not increase by a drastic amount as people would still be subject to social distancing rules, and would reduce the need for non-essential travel.

“Putrajaya will need to reinvent the economy, shifting from traditional revenue sources and ditching old spending habits.

“The country cannot go back to the way it used to be. The world will have changed after Covid-19, and we must be ready for that world,” he said.

*********

Despite all that, Federal Government is expected to milk Petronas further as the RM20b in cash has to be raised to fund the Economic Stimulus Package announced by Prime Minister Muhyiddin exactly four weeks ago.

Bloomberg story:

Petronas mulls bigger dividend to fund stimulus package

Bloomberg – April 24, 2020 11:04 AM

KUALA LUMPUR: State oil company Petronas is considering raising this year’s dividend to help the government fund its nearly US$60 billion stimulus package, according to people familiar with the matter.

Petronas, or Petroliam Nasional Bhd, could increase the payout by as much as RM10 billion (US$2.3 billion), said one of the people, who asked not to be named as the information is private. The company had earlier announced that it would pay RM24 billion in dividend this year.

A higher payout would help Prime Minister Muhyiddin Yassin fund the government’s RM260 billion stimulus package, which is aimed at shoring up an economy that’s struggling with the impact of the pandemic and a crash in oil prices.

Even with the stimulus, the central bank expects gross domestic product to shrink as much as 2% or grow up to 0.5% this year

Deliberations on the dividend increase are still ongoing, the people said. Any additional dividends, which is subject to approval of the board, will need to take into account factors including funding requirements for operations and ability to service debts and other obligations, a representative for Petronas said in an emailed response to Bloomberg News.

Petronas was asked to pay RM54 billion of dividend last year, including a RM30 billion one-time special payment, as the government struggled to narrow the budget deficit after revising its consumer tax policy.

The payout increase this year would come after the company sold US$6 billion of bonds this month, the biggest offering by a company in Asia in 2020.

Fitch Ratings revised its outlook of Petronas to negative, from stable, while affirming its A- rating on April 14. The state oil firm had cash holdings of RM123 billion against total debt of around RM55 billion at end-2019, and the government is expected to support the company in maintaining a healthy credit profile due to its importance to state revenue, Fitch said in the report.

**********

So many is very concerned with Petronas. This include former Prime Minister Dr Mahathir’s Political Secretary Matthias Chang.

It is interesting to note since changing of the guards on 29 February 2020, there is no movement of key and strategic personalities in the National oil corporation.

This include one of the Directors, who is believed to be a closet political blogger and Facebook account operator, notorious for his vile and venomous attacks against dissenters.

It is time for Prime Minister Muhyiddin to ‘plug the leak’, from the nation’s most treasured well.

Petronas has to have a comprehensive restructuring. A new business model and structure has to be introduced.

The assets and borrowings have to be restructured. Everything has to be rationalised and the operations and projects have to reflect and be planned based on the rationalisation program.

It includes getting new people in, especially to fit the short and long term agenda of the nation, and the ‘new normal’.

The transparency in stories like this ‘shutdown of projects’ is necessary. The market needs to understand the recovery of the investment in the over RM100b project at the South East tip of Johor, RAPID.

The massive investment by Petronas, co-owned by Saudi Aramco is designed to produce 300,000 bpd.

The market is already edgy with so many uncertainties.

Published in: on April 25, 2020 at 17:08  Leave a Comment  

Blood in dire

Despite the extraordinary good work of the Malaysian healthcare system and frontiers, other ordinary Malaysians could be part of the work in the preservation of lives now a global humanity crisis by giving blood.

The National Blood Bank is 40% short for the month of March 2020, compared to corresponding period in the previous year.

The Star story:

National Blood Bank urges public to donate blood


PETALING JAYA: The National Blood Centre appeals to the public to urgently donate blood, as the Covid-19 outbreak has caused a reduction in the number of donors.

National Blood Centre director Dr Noryati Abu Amin said that the movement control order (MCO) had understandably led to blood donation activities being affected, with scheduled donation campaigns cancelled.

She said that blood donations were mostly being carried out at fixed donation sites for the centre as well as in the respective state and district hospital Blood Banks.

She said that while the centre had adequate blood stock and was able to supply hospitals for urgent transfusions, the stock in other blood banks may not be as good as at the centre.

“In order to maintain a safe, sufficient and accessible blood supply in the face of widespread disease, blood donors are requested to come forward and donate regularly at our centres or the nearest state or district hospital blood banks to ensure the continuous supply to meet transfusion needs of patients in the hospitals, ” she told The Star.

“Blood has a short shelf life and must be continually replenished. Blood donors must be healthy, feeling well and free of respiratory illness symptoms to be eligible to donate, ” she added.

Dr Noryati said that blood donation services nationwide are still operating as usual during the MCO as blood transfusion is one of the essential services under the Health Ministry.

“Donating blood is a safe process and people should not hesitate to give blood. Blood donors are not at risk of contracting Covid-19 through the blood donation process

“Similarly, no cases of transfusion-transmission were ever reported for the other two coronaviruses that emerged during the past two decades (SARS and MERS-CoV), ” she said, adding that blood donation is a medical procedure done in accordance with strict infection control precautions.

She added that routine blood donor screening measures that are already in place are designed to prevent individuals with respiratory and other infections from donating blood.

Dr Noryati also said they have implemented additional precautions to prevent the spread of Covid-19 in their premises to ensure safety of donors and staff

“Only healthy donors without any symptoms of cough, fever, flu or difficulty in breathing, as well as no travel history to countries such as China, Korea, Japan, Italy or Iran within the last 28 days can donate.

“Donors should not have any close contact with any individual found positive for COVID-19 within the last 28 days.

“Donors who have recovered from COVID-19 infection can donate blood 28 days after complete recovery, ” she said.

Prospective donors are welcomed to donate at:

Pusat Darah Negara Jalan Tun Razak

Monday – Friday7.30am to 8pm

Saturday & Sunday: 8am to 6pm

Pusat Darah Negara Donation Suite, Midvalley Mall

Monday – Friday10am to 5pm

Puspanita Donation Suite, Presint 10, Putrajaya

Tuesday – Friday10am to 7pm

Saturday & Sunday: 9am to 6pm

Further information, including fixed donation sites in other states, can be found at the Pusat Darah Negara website, www.pdn.gov.my, as well as on the PDN Facebook page.

***********

Although the focus is on illness and management towards Covid-19, other life threatening procedures have to be undertaken.

This requires a lot of blood. The blood in the National Blood Bank would be depleted into an alarming stage as lesser donors step forward since the MCO has been enforced and this trend is expected to continue even after the third phase of MCO is lifted by 28 April 2020.

This is because it is expected the NBB receives lesser blood donors in the Ramadhan fasting month.

28 April would the fifth day of Ramadhan 1441H.

If the third phase of MCO is lifted, then three weeks later the entire highway and road networks system would witness the movement of Malaysians, especially for the Hari Raya Aidil Fithri celebrations.

Preparations should be made for this.

Able Malaysians ought to stand up literally offer their hand in this massive operation to preserve lives.

As a qualifier, Blood donation should be done at NBB’s designated centres and strict MCO protocols should be observed.

#kitajagakita

Published in: on April 12, 2020 at 12:22  Leave a Comment  

Propping the Lame

Kongress Maruah Melayu organised by some PPBM leaders who jumped from UMNO and got themselves in political disposition, fronting the academias to prop Gerontocracy Prime Minister Tun Dr Mahathir Mohamad‘s ‘last message to the Malays’ is nothing more than a political gimmick to prop the latter is his worst ebb amongst the Malays

MKini story:

Dr M to deliver final message at Malay Congress due to threats from hypocrites’
Sep 29th, 2019
(Updated Sep 29th, 2019)

Bersatu supreme council leader Dr Muhammad Faiz Bin Na’aman said Prime Minister Dr Mahathir Mohamad intends to deliver a “final message” at the upcoming Malay Dignity Congress next month in the face of “hypocrites” sowing slander and provocation that threatens to undermine national unity.


“Allegations after allegations have been hurled against Mahathir who continues to work hard for the people and country.


“While the international community, particularly the Muslim world, admires his leadership, but there are Malay hypocrites that continue to slander and insult him for political gain.


“This is the real face of Malaysian politics today. We are at a crossroads that will determine if the people’s unity will be ruined or that we move towards development that is enjoyed by all.


“Bloodshed could happen at any time due to the spread of slander, provocation and incitement on social media by irresponsible quarters,” he said in a statement today.
For these reasons, Faiz said Mahathir is seeking to address the Malay community.


“Cognisant that the strength of our national unity is under threat, Mahathir has called for all Malaysians who are Malay and Muslims, regardless of political ideologies, NGOs, corporate people or private individuals, to attend the Malay Dignity Congress on Oct 6 to hear the ‘final’ message from our legendary statesman,” he added.


Faiz (photo) said while divisions within the Malay community due to ideological differences is normal, but there are those capitalising on this to create provocations along racial, state and religious lines.

He said those responsible are bent on doing so after being rejected by the people in the last general election for being corrupt and betraying the people’s mandate.

“They are surely desperate to return to power after filling their cronies’ bellies and their own for decades and exploiting Malay and Muslim sentiment on the political arena.


“In fact, the one who is most satiated is Jho Low, who was the business partner to ‘Bossku’ who is worshipped by his party extremes,” he said, in apparent reference to former prime minister Najib Abdul Razak.

Faiz said these quarters are parroting the message that Malays and Muslims have lost power, that the DAP is in control, that Pakatan Harapan has broken its promises.


He said they are using the name of “Muslim unity” to shield leaders who are now being investigated for corruption and other crimes.

“The fraudulent fighters are once again trying to fool Malays and Muslims by claiming that they are defending Islam and bumiputera, that they are the only hope and there is no alternative,” he added.

As such, Faiz said Mahathir will try to address these challenges.
The event is organised by Pusat Kecemerlangan Melayu Akademi Pengajian Melayu Universiti Malaya.

The congress will discuss issues involving education, religion, culture, politics and the economy from a Malay perspective.

The event will be held on Oct 6 at the Axiata Arena Stadium in collaboration with UTM, Universiti Putra Malaysia and the Sultan Idris Education University.
**********


This statement came after MCA Vice President Dato’ Seri Ti Liang Ker highlighted that the National Cooperation Charter inked by UMNO and PAS Presidents were inclusive of taking other ethnic groups forward, which is in tandem with the Federal Constitution.

Ti is also attacking DAP particularly Emperorissimo of Chinese Chauvinists Lim Kit Siang and Mini Emperorissimo of Chinese Chauvinist Lim Guan Eng on the Kongress supposedly to address the ‘Dignity of the Malays’.

Its either being challenged or has to be redeemed, especially after Pakatan Harapan took over as the helm of the nation, which is damning to the Perpaduan, a bedrock of stability that provided the room and opportunity of nation building and progress.

Mkini story:

MCA veep says Dr M attending Malay congress will aggravate tensions


Sep 28th, 2019


(Updated Sep 28th, 2019)

MCA vice-president Ti Lian Ker today said Prime Minister Dr Mahathir Mohamad’s planned attendance at the Malay Dignity Congress next month could aggravate tensions in a multiracial country.


Ti questioned if Pakatan Harapan was playing the race card at a time when “PAS and Umno are talking of inclusiveness and upholding the spirit and intent of the Federal Constitution”.
“It is ironic that PAS and Umno are now talking of Muafakat Nasional (National Cooperation) without impairing the position and rights of other ethnic and religious groups, but the Harapan government and Bersatu leaders are promoting a Malay phobia of ‘Malay dignity’ camouflaged by public universities,” he said in a statement today.


Ti also prodded the DAP to advise the prime minister on the matter.


“The prime minister’s proposed attendance of a congress to talk about ‘Malay Dignity’ reeks of the ‘Ketuanan Melayu‘ (Malay supremacy) years of which DAP had strongly condemned in the past.


“It is ironic to see them (DAP) turning a deaf ear and a blind eye by remaining on a ‘mute’ mode to this development.


“The attendance of their ‘top dog’ would cause or aggravate the tension and caused further uneasiness to the multiracial society of Malaysia that is now emerging under the New Malaysia government,” he said.

Ti said Mahathir must be reminded that he is the prime minister for all Malaysians and not just a Malay leader.


“He should not be seen to be endorsing a racial divide but instead propose, support and encourage a congress of national unity and dignity for all Malaysians instead,” he said.


The Malay Dignity Congress is expected to take place at Bukit Jalil, Kuala Lumpur, next month.

Event organiser Pusat Kecemerlangan Melayu Akademi Pengajian Melayu Universiti Malaya confirmed that Mahathir would attend and deliver a “mandate”.


The centre’s director Hashim Ismail, however, said Mahathir would be present “not as prime minister but as a Malay leader”.


Hashim said the congress will discuss issues involving education, religion, culture, politics and the economy from a Malay perspective.



The event will be held on Oct 6 at the Axiata Arena Stadium in collaboration with UTM, Universiti Putra Malaysia and the Sultan Idris Education University.

***********



One of the senior activist of the Kongres Maruah Melayu former VC of UM Prof Dr Hashim Ali

FMT story:

Kongres Maruah Melayu bukan mahu saingi himpunan ummah Umno-PAS, kata penganjur


Adam Abu Bakar
September 22, 2019 7:37 AM

PETALING JAYA: Penganjur Kongres Maruah Melayu berkata tafsiran pemimpin politik pembangkang yang mendakwa penganjuran program itu bertujuan menandingi Himpunan Penyatuan Ummah anjuran Umno-PAS adalah tidak benar.


Pengarah Pusat Kecemerlangan Melayu, Akademi Pengajian Melayu Universiti Malaya, Hashim Ismail berkata, kongres itu dibuat dengan kerjasama tiga universiti lain iaitu Universiti Teknologi Mara (UiTM), Universiti Putra Malaysia (UPM) dan Universiti Pendidikan Sultan Idris (UPSI) serta Persatuan Peguam Muslim Malaysia.


“Kalau isu ini dipolitikkan, mungkin itu pandangan dari ahli politik. Kita bekerjasama dengan setiap universiti ini dan saya pula hanya menjalankan kerja-kerja dari Naib Cancelor UM Abdul Rahim Hashim. Dia panggil kami dan memberitahu ada isu untuk digerakkan secara akademik, maka kami buat apa yang patut.


“Kongres Maruah Melayu ini antaranya membincangkan mengenai permasalahan orang Melayu melibatkan aspek pendidikan, agama, budaya, politik dan ekonomi. Kita sudah berikan topik ini kepada setiap universiti untuk ambil bahagian masing-masing,” katanya kepada FMT.


Dalam poster tersebar di media sosial, Kongres Maruah Melayu dijadualkan berlangsung pada 6 Oktober depan, di Axiata Arena Bukit Jalil. Perdana Menteri Dr Mahathir Mohamad dijangka akan memberikan amanatnya dalam kongres tersebut.


Sebelum ini, Setiausaha Agung Umno Annuar Musa mengkritik penganjuran kongres berkenaan yang berpandangan ia hanya menambah kekeliruan bangsa Melayu serta tidak menolak ia akan menjadi medan kepada perpecahan dan menjadi bahan ketawa bukan Melayu.


Hashim berkata, tidak dinafikan wujud pelbagai persepsi yang dikaitkan dengan kongres itu, selepas gambar beberapa pemimpin dari PPBM tular di media sosial, didakwa terlibat secara langsung dalam penganjuran kongres berkenaan.


“Tafsiran politik ini saya tidak mahu campur. Mereka ini penaja, ada macam-macam lagi pihak seperti dari syarikat tertentu. Kita mencari penaja, berdasarkan maklumat dari naib cancelor dijangka Perdana Menteri Dr Mahathir Mohamad akan berucap. Maka ramailah yang mahu bersama sekali,” katanya.

Mengulas lanjut, Hashim berkata pemimpin kini tidak boleh lari dengan hakikat kekhuatiran yang dibangkitkan rakyat, selepas pertukaran pentadbiran selepas Barisan Nasional kalah pada pilihan raya Mei lalu.

“Kita lihat dari aspek perpaduan nasional, kesan pemerintahan hari ini kepada ekonomi negara, hak-hak Melayu yang kononnya hari ini tercabar, kita lihat semua ini dari perspektif akademik. Ingin saya tegaskan, naib cancelor UM bukan ahli politik,” katanya.

Hashim berkata, berdasarkan perbincangannya dengan pihak pengurusan, program ini menyasarkan penglibatan orang muda, yang secara tidak langsung merupakan mahasiswa di universiti terbabit serta ahli akademik lain.


*********

The senior and junior Lims and other Chinese Chauvinist DAP leaders have been completely silent about this Kongress Maruah Melayu.

However, they have attacked UMNO and PAS getting closer together cooperate to a point of calling them as “Talibans”.

Malaysiakini story:

Deputy minister agrees M’sia could be ‘Taliban state’ if Umno-PAS wins GE15
Mar 13th, 2019


(Updated Mar 13th, 2019)
Ng Xiang Yi

Deputy Domestic Trade and Consumer Affairs Minister Chong Chieng Jen has backed DAP deputy secretary-general Nga Kor Ming’s remark that the Umno-PAS union could lead to Malaysia becoming a Taliban state.


Chong said the political collaboration between the two parties would constitute a threat to the entire country as a result of their propagation of race and religious-based politics.


“The cooperation of PAS and Umno is not only a threat to Pakatan Harapan, but also a threat to our country.
“As we can see, from the propaganda they advocated in the past two by-elections, they are going along racial and religious issues.


“I agree, to a certain extent, what was commented by Nga, that there is a possibility of the country heading towards becoming Taliban country if PAS and Umno cooperate and win the next general election,” he said when speaking to reporters at the Parliament lobby today.


The Stampin MP also expressed his disappointment with BN component party members MIC and MCA for going along with Umno and PAS in this new working relationship.

Umno and PAS, the two largest Malay-based parties in the country, had formalised ties earlier this month after working together in several by-elections that have taken place since the May general election in 2018, most effectively in the recent Cameron Highlands and Semenyih polls.

He added that was why Amanah did not side with Umno and PAS, as the Harapan component party, initially a splinter party from PAS, did not view Islam as a religion which “sowed hatred and enmity”.


On March 6, Lim issued a statement in Chinese urging MCA to immediately leave BN because Umno and PAS were now “declaring war” on non-Muslims.
He later issued a correction several hours later, which replaced the phrase “declaring war” with “targeting.”


Inspector-general of police Mohamad Fuzi Harun said on Tuesday that a total of 58 police reports had been lodged nationwide against the DAP secretary-general and police have opened an investigation paper on the matter.


Nga, who is also Teluk Intan MP, had employed the analogy – that Malaysia was at risk of becoming like Afghanistan under Taliban rule – during a ceramah in Taiping last Friday.


This led to Umno Youth chief Asyraf Wajdi Dusuki labelling him the nephew of late Malayan Communist Party leader Chin Peng.


Asyraf later apologised for his remark, but demanded that Nga apologise for the Taliban claim.

Non-Muslim reactions not ‘unnatural’


Meanwhile, Shah Alam MP Khalid Abdul Samad said Umno and PAS had invited comments such as Nga’s Taliban remark and Finance Minister Lim Guan Eng’s initial “war declaration” statement due to claims the two parties had been making against the non-Muslim community.
The federal territories minister, who was speaking in the Parliament lobby today, added that such reactions were not “unnatural or abnormal”.


He said: “Those (Lim’s and Nga’s) are individual opinions. (But) that is the environment they (Umno and PAS) created when they use phrases like the country is in danger, threatened by the non-Muslims, hence their call is to unite the Malay-Muslims to face the threats of the non-Muslims.


“So when they make such a call, it isn’t wrong for non-Muslims to assume that the unity (of Umno and PAS) is one based on hatred towards the non-Muslims.”


He said: “[…] It is not unnatural for the non-Muslims to feel this is a Taliban-style kind of movement.”

********

There are some interesting contradiction in the run up of this Kongres Maruah Melayu

  1. If all of strategic importance to the Malays are eroding to a point it is so challenging, isn’t the Prime Minister is Malay, the Deputy Prime Minister is Malay and more than half of the Cabinet members are Malay-Bumiputera aware of it, that they had to get the pressure group of Malay intelligentsia in the form of those in the academia to front it?
  2. Isn’t this a political agenda trying to be poorly guised as coming from the academia?
  3. Isn’t is obvious that the individuals who are the primary proponent of this event are PPBM leaders who are trying to make their mark to Gerontocracy Prime Minister after frogging themselves from UMNO as a bad after thought, without the ground shifting together with them and propping Pakatan Harapan’s most precarious partner?
  4. How would the outcome from this Kongress Maruah Melayu be effectively rolled out even in the notion of protecting the Malay interests when the current Parliament XVI is most precarious in terms of power and bargaining chips for the Malays?

Unless one of the outcome is the UMNO-PAS Cooperation, which is the mainstay of the Malay power at the moment either go into effective partnership with PPBM (since it is clear that UMNO and PAS outright stated their rejection of PKR, DAP and PAN totally and unconditionally!) or form a new political partnership.

However, it must come unconditionally as at the moment, UMNO and PAS already gotten four times more popularity from the grassroots and compared to PPBM and PAN.

Otherwise this Kongress Maruah Melayu would just be academic and providing platform for Gerontocracy Prime Minister to do a ‘last round political theatric’ instead of ‘last amanat’.

Coincidentally, it has been said that Gerontocracy Prime Minister Tun Dr Mahathir would launch his ‘Shared Prosperity Vision’ to replace the ‘Vision 2020’ the day before the Kongress Maruah Melayu.

It would be very interesting what resolutions and demands which derived from a series of discourse and intelligentsia discourse separately on Politics, Education, Economy, Culture and Religion by respective custodian Unis as a precursor to the plenary session and that would be presented at the Kongress Maruah Melayu

Will the real ‘hypocrites’ please stand up?

*updated 1400hrs

Published in: on September 30, 2019 at 07:59  Leave a Comment  

Kongress Maruah DAP

It is abundantly clear the pro- Gerontocracy Prime Minister Tun Dr Mahathir Mohamad’s initiative for ‘Kongress Maruah Melayu’ is another of DAP Emperissimo of Chinese Chauvinists Lim Kit Siang’s strategic idea.

FMT story:

Don’t try to out-Malay Umno and out-Islam PAS, Kit Siang tells PH


FMT Reporters
September 15, 2019 10:17 AM

PETALING JAYA: Lim Kit Siang has cautioned the ruling coalition against attempting to “out-Malay Umno and out-Islam PAS” to counter the alliance formally forged by the country’s two biggest Malay-Muslim parties yesterday.


The DAP supremo said Pakatan Harapan would “fail and fall” if it attempts to do so as such a tactic could alienate the 5.5 million supporters from various religious and racial backgrounds that voted in PH in the 14th general election.


He said PH said should instead implement the New Malaysia agenda and win over the 2.5 million voters who supported Umno and the two million voters who backed PAS in the May 9 polls last year.


“If the Pakatan Harapan government takes the high ground and is guided by the five-pillar promises of the manifesto in the 14th general election, the PAS-Umno alliance is likely to implode even before the next 15th general election,” he said in a statement.

Lim warned that the PAS-Umno alliance would see an escalation in “toxic politics of race and religion” to an unprecedented level.


He also took a swipe at Barisan Nasional components MCA and MIC for giving their blessing to the alliance. “This despite an earlier MCA threat to ‘kick’ Umno out of Barisan Nasional if it ‘coddles up with PAS’.”


MCA had, on the eve of the signing of the historic charter, said it would “consent and respect” any collaboration between opposition parties in Malaysia as long as it was in line with the Federal Constitution and upheld moderation.


It also sent representatives to witness the signing of the charter between PAS and Umno in the spirt of the BN and “ensure that the gathering will strictly observe the values of multiculturalism and moderation”.


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Published in: on September 22, 2019 at 19:55  Leave a Comment  

‘M’ for ‘Mewayang’

They say imitation is the best form of flattery and Kongress Maruah Melayu in the works now for 6 Oct proposed at Axiata Stadium is the lamest attempt to redeem Gerontocracy Prime Minister Tun Dr Mahathir Mohamad’s standing in the eyes of the majority of the Malays.

The Malay Mail Online story:

UM Malay Excellence Studies Centre organises Malay Congress on Oct 6
Published

21 hours ago on 19 September 2019


BY ZAINAL EPI

COMMENTARY, Sept 19 — The Universti Malaya Malay Excellence Studies Centre is organising a mammoth gathering of Malays on October 6 ― this time a non-political — for those who are non-partisan to have their voices heard by leaders in both the ruling parties and the Opposition.

To be held at Axiata Arena, the closed-door stadium in Bukit Jalil, the gathering is called Kongres Maruah Melayu or Malay Pride Congress and aims to chart the community’s course in all aspects including economy and politics.

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It has already proven that in the eyes of the majority of the Malays, Gerontocracy Prime Minister Dr Mahathir ‘sold his soul off to the devil’ for a whiff back into power and toppling Prime Minister Dato Sri Mohd Najib Tun Razak and his ruling Government.

He is in power because of the power-base that’s derived from the Non Malays, particularly DAP and PKR. The two has a consolidated votes of over 4million.

Gerontocracy Prime Minister’s own party PPBM, a failed and lame spin off mainly dissenters from UMNO only managed slightly over 718,000 votes.

Compared to the combined votes got by UMNO and PAS of over 4.5million in the last GE.

Since taking control of the Federal Government and seven State Governments incl Johor and Perak, Gerontocracy Prime Minister Dr Mahathir and Malay leaders have been seen as lame and lackey to the real power, which is DAP.

It is a poor attempt to match the highly successful ‘Himpunan Perpaduan Ummah’ which saw the Malays come in droves to witness the top Malay and PAS leaders vowed and inked the ‘National Cooperation Charter’, which formalised and fortified their political and social network and cooperation.

Never before a congregation of 40,000 Malays, which include political parties leaders, NGOs, academicians and professionals, as well as ordinary folks from the Malay hinterland converged and demonstrated their emotion when the ‘National Cooperation Charter’ was inked and proclaimed.

By and large the majority of the Malays felt the Malay leaders in the top echelon of the PH Controlled Government are not having their mind and interests on the issues of the majority and the Malay Agenda.

They felt bit by bit the firms that were previous grown into conglomerates are there and grown to protect their interests, have now been systematically dissected and fragmented. As a result, these GLCs and MNCs are systematically hiving off assets and businesses with the lame exercise to reduce liability.

The public notion also felt that many of these corporate exercise have gone to cronies and selected few.

This is notwithstanding all the Government and Economic Transformation Programs (GTP and ETP) have now been reverted back to Gerontocracy Prime Minister Dr Mahathir’s old ways.

It is unclear how Gerontocracy Prime Minister Dr Mahathir shall lead the balance of the Malays who still gullible and hopeful something could be salvaged from the reminiscence of the available time and opportunity for the Malay Agenda.

The organisers of the Kongress Maruah Melayu are political and academic have been who lost their power base and dignity for selling themselves short to Gerontocracy Prime Minister and now considered worthless in the general public standing.

Especially the “Bacul Lari Malam” chap!

In actual fact, it is unlikely the organisers could amass a good number let alone quality participants for the Kongress Maruah Melayu planned 6 Oct 2019.

It is not surprising that Gerontocracy Prime Minister Dr Mahathir is back with his usual theatrics and weep on stage at his keynote address!

Published in: on September 20, 2019 at 09:15  Leave a Comment  

Penjualan Yang Belum Selesai

Penjualan yang belum selesai!

(pasca PH dapat kuasa)

Sesungguhnya tidak ada yang lebih menyayat hati

Dari melihat asset bangsaku dijarah

Tidak ada yang lebih menyedihkan

dari membiarkan bangsaku dihina

Air mata tiada ertinya

Sejarah silam tiada maknanya

Sekiranya bangsa tercinta terpinggir

Dipersenda dan dilupakan

Bukan kecil langkah wira bangsa

Para pejuang kemerdekaan

Bagi menegakkan kemuliaan

Dan darjat bangsa

Selangkah bererti mara

Mengharung sejuta dugaan

Biarkan bertatih

asalkan langkah itu yakin dan cermat

bagi memastikan negara

merdeka dan golongan terpilih itu selalu terpelihara

Bagi lain-lainya air mata sengsara

mengiringi setiap langkah eksesais kroni kita

Tugas sekarang bukannya sukar

Kerana menjual pasca kemajuan tercapai

Rupanya jauh senang dari bermandi

Keringat dan darah untuk mengadakannya

Lagi pula apalah ertinya Malaysia Bahru

Kalau bangsaku asyik dibodohkan

Dan terus dihina olehku,

Mengangguk dan membenarkan,

Kerana sekalipun bangganya negara

kerana makmur dan mewahnya

Kroniku masih memfaraid buta

dan meminta-minta di negaranya sendiri

Bukankah keangkuhkan dan obsessi

Menghina dan menjatuhkan Bangsa sendiri

Diwayangkan sebagai ‘Meneruskan perjuangan’

Kedudukan Bangsa kita sebelum ini

Kerana rupanya selain memerdekakan,

Mengisi kemerdekaan jauh lebih sengsara

Bangsaku bukan kecil hati dan jiwanya

Bukankah sejak zaman berzaman

Mereka menjadi pelaut, pengembara

Malah penakluk terkemuka?

Bukankah mereka sudah mengembangkan sayap

Menjadi pedagang dan peniaga

Selain menjadi ulama dan ilmuwan terbilang?

Bukankah bangsaku pernah mengharung

Samudera menjajah dunia yang tak dikenal

Bukankah mereka pernah menjadi wira serantau

Yang tidak mengenal erti takut dan kematian?

Tugas kita belum selesai rupanya

Bagi menjarah kepentingan dan asset bangsa

kerana hanya kroni yang berjaya

akan sentiasa dihormati

Rupanya masih jauh dan berliku jalan kita

Bukan sekadar mengayakan kengkawan dan mengisi jong-jong mereka

tetapi mengangkat darjat dan kemuliaan palsu yang cuba didustakan sebagai buat selama-lamanya

Hari ini, jalan ini pasti semakin berliku

Kerana masa depan belum menjanjikan syurga

Bagi mereka yang kita lemahkan dengan sengaja

Dan kita andaikan mudah kecewa

Kepada golongan terpilih dan kroni ketat

Tetapi syurga dijanjikan sementara

Selagi ada masa untuk menjarah dan melipat

Penjualan kita belum selesai

Kerana hanya yang cekal dan tabah

Dapat membina mercu tanda

Kroniku yang berjaya.

(Adapted from the original work, 4 May 1996)

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Published in: on September 19, 2019 at 15:22  Leave a Comment