One Cannot Teach Old Dogs New Tricks

The response of Former Minister of Information and recipient of MPI Tokoh Wartawan Negara 2006 Tan Sri Zainuddin “Zam” Maidin to our story is why there is an idiom, “One can’t teach an old dog new tricks”.

It is clear he completely unable to comprehend what the story is about.

It is us not upto us to teach him comprehension, nor how to read. Especially at this point of time. However, probably it is wise for Zam to be reminded that his gutter tweet about the tragedy in Mahmoodiah is very hurtful.

In his gutter cyber lash against Prime Minister Dato’ Sri Mohd. Najib Tun Razak, Zam should also be seen as insinuating against HRH Sultan Johor Tuanku Sultan Ibrahim Ibni Almarhum Sultan Iskandar.

It is because this happened “In the era of Najib”. Coincidentally, it is also the era after HRH Tuanku Sultan Ibrahim ascended as the Sultan Johor.

It is tragedy which Zam tried to lowly capitalise for the notion of sowing hate politics towards Prime Minister Najib. That is utter gutter politics unbecoming of him, a man of that stature, despite his attempts to explain it is not.


Instead of lashing against Datuk Rocky and us, Zam should take the opportunity to apologise to the parents and families of the teenagers involved in the tragedy. Not forgetting the tragedy of Sultan Aminah Hospital, which Zam also used to swipe in his gutter politics using cybersphere.

He should also unreservedly apologise to HRH Sultan Johor, who was very quick in demonstrating his compassion as a Ruler. HRH Tuanku Sultan Ibrahim is very saddened for both tragedies and shared the pain of his subjects.

Even though Zam is old and probably unable to learn new tricks, it is never to late to show him proper ethics and moral values. More over, a recipient of ‘Tokoh Wartawan Negara 2006’.

May Allah SWT open his heart and accept what he did was wrong and hurting a nation  grieving for both tragedies, is worth all his effort to repent and beg for forgiveness.

Published in: on February 26, 2017 at 00:30  Comments (3)  

The Five Million Ringgit Anti-Murtad Fee


Former Information Minister and the Malaysian Press Institute (MPI) recipient of National Journo Personality award for 2006 Tan Sri Zainuddin “Zam” Maidin should really reflect hard on his recent tendency of gutter politics with anointment of the former for the blasphemy (murtad) Cardinal Principles of Journalism.

If memory serves us right, he received the MPI award in 2006 when he was still serving as the Cabinet Minister in charge of information, where media and press are answerable to him.


It is irony for the statement he was quoted by Bernama then is against his gutter tweets, upon the tragedy for the teenagers cycling at Mahmoodiah, Johor Bahru a week ago.

It is also believed that the Information Ministry then provided the organisation which gave him the award, a substantial grant.

The fact that as a serving Minister, he was willing to receive an award for an industry he had power of supervision and control itself demonstrated his moral values.

If factor in what his call to bloggers in 2006, it is shocking to see what he is practicing in the cyberspace slightly more than a decade later.

Add his name calling, it is gobsmacking on how low the the seventy seven year old Tan Sri  the messages he was willing to post on his social media account.

It is utter shameful how once a Chief Editor of a respectable Malay daily had reduced himself, all for the notion of sowing hatred politics.

If that is not “Blasphemy to the Cardinal Principles of Journalism”, we don’t know what is in his mind.

Published in: on February 25, 2017 at 02:00  Comments (7)  

Putting Money Where The Mouth Is

Fourth Prime Minister and former Proton Chairman Tun Dr Mahathir Mohamad should put monies raised by him and his own family members to address issues not to his liking and bothering him at the national car corporation instead of making statements.

After all, it is believed that he induced DRB-Hicom to take over the controlling 42.7% of Proton from Khazanah for RM1.3 bil in cash in early 2012, which saw the national car corporation was delisted.

Dr Mahathir assumed the role of Adviser to Proton and is believed to be actively involved in the company.

Ever since the take over, Proton has never improved and continued to bled DRB-Hicom of profitability and liquidity. In May 2014, Dr Mahathir decided to play more active role in Proton by assuming the post of Chairman of the Board.

Proton market share performance

Proton market share performance

Proton’s financial and market share performance continued to slide on a downwards trend even after Dr Mahathir’s active involvement in the policies and decision making of the national car corporation.

He quit on 31 March 2016 after becoming a persona non grata with his voracious attacks against Prime Minister Dato’ Sri Mohd. Najib Tun Razak and the Government.

The Thirteen MillionRinggit Plus Question is if Dr Mahathir felt very strongly about Proton, why didn’t he put his (and his family’s monies and access to fund) money where his mouth is?

The Mahathirs should have raised the funds to pay off Khazanah and now DRB-Hicom and inject the necessary investment and working capital, to take the path on what Dr Mahathir thought it should be for Proton.

It is the only fair thing to do.

Then again, Dr Mahathir has been known to deployed his foul mouth for the wrong reasons, at the wrong place, during the worst times.

HRH Sultan of Johor cided Dr Mahathir in his titah for the third time. This time in Pagoh for the 67th remembrance of Bukit Kepong blood incident, is a more comprehensive telling off for the latter’s manipulation, lies and reversal of statements, policies and principles.

It is obvious Dr Mahathir did not get anywhere with his loud mouth. Probably his money would get him somewhere.

If he is still worth what so many talk about him, especially in the international arena particularly Japan, then with monies he and his family raised to take over Proton, management skill provided by his sons and his clout to Japan automotive industry, should turn upwards for Proton.

He and his sons should tie up the international partner and ensuring the control of Proton is at where he thought it should be and manage against the fears he raised if Proton were to be hived off to foreign parties.

Published in: on February 23, 2017 at 23:30  Comments (1)  

Secularism Emancipated As Muslims

Ladies in Turkish Armed Forces, emancipated

Ladies in Turkish Armed Forces, emancipated

The secular state of Muslims Republic of Turkey founded by modernist Mustafa Kemal Attaturk took almost a century to realise the emancipation of the  rights of Muslims do not impede the national interest, even in tightly regulated military.

BCC story:

Turkey reverses female army officers’ headscarf ban

5 hours ago
From the section Europe

A ban on female army officers in Turkey wearing the Muslim headscarf has been lifted by the government.
The military is the last Turkish institution to see the ban removed. It has long been seen as the guardian of Turkey’s secular constitution.
Wearing headscarves in public institutions was banned in the 1980s.
But Turkey’s Islamist-leaning President, Recep Tayyip Erdogan, argues that the ban is an illiberal vestige of the past.
The issue has been controversial in Turkey for many years.
Secularists regard the headscarf as a symbol of religious conservatism and have accused President Erdogan of pushing an Islamist agenda, converting many public schools into religious ones as part of his pledge to raise “a pious generation”.
Pious versus secular in modern Turkey
Over the past decade the ban has been removed for schools, universities, the civil service and in August for the police.
The BBC’s Mark Lowen, in Istanbul, says the secular side of Turkey now feels largely ostracised, accusing Mr Erdogan of governing just for his conservative, religious support base.

Islamic groups have lobbied hard for wider acceptance of headscarves
Rows of policewomen in uniform including baseball caps, at a mass funeral in Ankara for a policeman who died in Turkey’s failed coup. 18 July 2016.Image copyrightAP
Image caption
Women in Turkey’s police and security forces are now able to wear headscarves
The conservatives respond that they were long seen as second-class citizens and the headscarf is an expression of individual liberties.
Our correspondent says that Turkey’s religious-secular divide is as old as the republic itself, but is now arguably deeper than ever.

Media captionHala Hindawi explains why she likes to wear a hijab. Sometimes
The fall and rise of the headscarf
In 2010, Turkey’s universities abandoned an official ban on Muslim headscarves
Three years later, women were allowed to wear headscarves in state institutions – with the exception of the judiciary, military and police. That year, four MPs wore headscarves in parliament
A ban on policewomen wearing the Islamic headscarf was lifted in 2016
Witness: Turkey’s headscarf row
Watch: Indonesian women talk about fashion and the hijab
The new rules apply to regular women military officers, non-commissioned officers and female cadets. They will be allowed to wear a headscarf under their caps or berets as long as they are the same colour as their uniforms and are not patterned, Hurriyet Daily News reported.
The military’s opposition to the government’s move has been weakened after President Erdogan’s supporters increased their authority over the armed forces following the failed 15 July coup last year.
The changes will come into effect once they are published in the official gazette.
Turkey has had a secular constitution with no state religion since 1920.
Most people in Turkey are Sunni Muslims.


This is a landmark progress achieved by Conservative Democrat President Recep Tayyip Erdogan over the dogmatic military, despite ascended to power sixteen years ago as the Turkish Prime Minister.

The Turkish Military, modelled by former career officer Kemal Attaturk after the fall of the Ottoman Empire post World War I and nationalists taking over the country and turn it into a republic in 1923, has been the custodian of the secularism ideology introduced by Attaturk.

The secularism ideology has been jealously upheld by the Turkish Military, which is the fundamental philosophy and principle of modern Turkey introduced by Kemal Attarturk in 1923.

Islam and Secularism in Turkish Politics

Mustafa Kemal established the Turkish Republic in 1923 and was later given the name “Atatürk” meaning “Father of the Turks”. His intention was to create a society where there is a separation that allows private life and political life to exist independently. Politics and private life are thus free from religion or free from the tsendency of Islam to seek an all-encompassing role in society. This is in stark contrast to the Ottoman Empire that did, in fact, intertwine religion with society, politics, judicial and military affairs.

Mustafa Kemal Ataturk wanted a modern, secular Turkish Republic to replace the failed, theocratic Ottoman Empire. Although most Turks are Sunni Muslims, he believed that the achievement of a modern Turkey required that the conservative restraints of the Ottoman Caliphate and Islamic law be abolished, the role of religion in the state be limited, and ?anachronistic? religious practices ended. Secularism was one of his fundamental principles and is a constitutionally-defined characteristic of the Republic. The institutionalization of secularism has produced tensions between Kemalists and conservative Sunni Muslims, often called Islamists, that continue to resonate in Turkish politics today. The secularists accuse the Islamists of seeking to resurrect a state governed by Islamic law. The Islamists deny the charge, claiming they only want a state based on moral principles. They have formed political parties to advance their ideas, but most have been banned. As Ataturk’s heirs, the Turkish military is the constitutionally-mandated guarantor of the state and it has energetically defended the secular character of the state in recent years.

Prior to the 18th century, the Ottoman Empire was a dominant presence in northern Africa, southeastern Europe, and western Asia that held Islam at its roots. The Empire spread Islamic culture and influence across the eastern hemisphere that still exists today. After the 18th century, the Ottoman Empire began to faulter against the European military and captive nations seeking to regain lost independence. They attempted to modernize their military, but to no avail, and many in the Ottoman empire resisted this attempt at modernizations. Following the disasterous participation of the Ottoman Empire in WWI, Turkish nationalist were brought together by Mustafa Kemal, a member of the nationalist reform organization known as the Young Turks, who created the Republic of Turkey and abolished the temporal and religious ruling institutions of the old Ottoman empire.

In 1922 the new nationalist regime abolished the Ottoman sultanate. The sultan once acted in political, military, judicial, social, and religious capacities, under a variety of titles. He was theoretically responsible only to God and God’s law. In 1924, the regime abolished the caliphate, the religious office that Ottoman sultans had held for four centuries. Thus, for the first time in Islamic history, no ruler claimed spiritual leadership of Islam. Religion had been separated not only from politics, but from public life as well. The withdrawal of Turkey, heir to the Ottoman Empire, as the presumptive leader of the world Muslim community was symbolic of the change in the government’s relationship to Islam. Indeed, secularism became one of the “Six Arrows” (republicanism, populism, secularism, reformism, nationalism, statism) of Atatürk’s program for remaking Turkey. Whereas Islam had formed the identity of Muslims within the Ottoman Empire, secularism was seen as molding the new Turkish nation and its citizens.

Atatürk and his associates not only abolished certain religious practices and institutions but also questioned the value of religion, preferring to place their trust in science. They regarded organized religion as an anachronism and contrasted it unfavorably with “civilization,” which to them meant a rationalist, secular culture. Establishment of secularism in Turkey was not, as it had been in the West, a gradual process of separation of church and state. In the Ottoman Empire, all spheres of life, at least theoretically, had been subject to religious law, and Sunni religious organizations had been part of the state structure. When the reformers of the early 1920s opted for a secular state, they removed religion from the sphere of public policy and restricted it exclusively to that of personal morals, behavior, and faith. Although private observance of religious rituals could continue, religion and religious organization were excluded from public life.

The policies directly affecting religion were numerous and sweeping. In addition to the abolition of the caliphate, new laws mandated abolition of the office of seyhülislam (the ultimate judicial power of Turkey); abolition of the religious hierarchy; the closing and confiscation of Sufi lodges (a spiritual meeting palce), meeting places, and monasteries and the outlawing of their rituals and meetings; establishment of government control over the evkaf (the Muslim institution that regulates religious activity for Turkish Cypriots),which had been inalienable under seriat (Islamic law); replacement of seriat with adapted European legal codes; the closing of religious schools; abandonment of the Islamic calendar in favor of the Gregorian calendar used in the West; restrictions on public attire that had religious associations, with the fez outlawed for men and the veil discouraged for women; and the outlawing of the traditional garb of local religious leaders.

Atatürk and his colleagues also attempted to Turkify Islam through official encouragement of such practices as using Turkish rather than Arabic at devotions, substituting the Turkish word Tanri for the Arabic word Allah, and introducing Turkish for the daily calls to prayer. These changes in devotional practices deeply disturbed faithful Muslims and caused widespread resentment, which led in 1933 to a return to the Arabic version of the call to prayer. Of longer-lasting effect were the regime’s measures prohibiting religious education, restricting the building of new mosques, and transferring existing mosques to secular purposes. Most notably, the Hagia Sophia (Justinian’s sixth-century Christian basilica, which had been converted into a mosque by Mehmet II) was made a museum in 1935. The effect of these changes was to make religion, or more correctly Sunni Islam, subject to the control of a hostile state. Muftis and imams (prayer leaders) were appointed by the government, and religious instruction was taken over by the Ministry of National Education.

A more direct manifestation of the growing reaction against secularism was the revival of the Sufi brotherhoods. Not only did suppressed Sufi lodges such as the Kadiri, Mevlevi, and Naksibend, (three of the 12 branches of the basic dervish orders of Islam) reemerge, but new orders were formed, including the Nurcular, Süleymançi, and Ticani. The Ticani became especially militant in confronting the state. For example, Ticani damaged monuments to Atatürk to symbolize their opposition to his policy of secularization. Throughout the 1950s, there were numerous trials of Ticani(a specific order of Sufi Islam) and other Sufi leaders for antistate activities. Simultaneously, however, some tarikatlar, notably the Süleymançi and Nurcular, cooperated with those politicians perceived as supportive of pro-Islamic policies. The Nurcular eventually advocated support for Turkey’s multiparty political system, and one of its offshoots, the Isikçilar, has openly supported the Motherland Party since the mid-1980s.


Turkey under Ottoman Empire Sultan Mehmet II managed to defeat the Byzantines’ ‘gateway to the East’ after the fall of Constantinople on 23 May 1453. There onwards, the Sufi Ottoman Empire started to be the master of the Balkans, North Mediterranean, Egypt, Asia Minor all the way to Persia.

It was a new phase of the spread and meteoric growth of modern trade with Europe and the Far East and India. That also provided progress in science, mathematics, technology, astronomy, navigation, arts, technology and the philosophy of religion.

Despite being powerful and more modern against other races such as Germanic, Roman, Viking, Goths, Normans, Gauls, Anglo, Saxons and Huns, Khazars and Mongolian in the east, the rights for women is very limited,

The growing demands of Muslims to be allowed in their faith practices even in official Turkish establishments such as Government, academias and now the military is progressive and getting more popular.

Turkey has been the model ‘moderate Muslims’ amongst the West and this stature earned them political clout to be part of Western Europe private club such as NATO. This is where the confidence on the Turks to uphold national interest over demands of the faith even the Muslim brotherhood is paramount.

In not so many words, Erdogan managed to get the Turkish Military to withdraw their dogmatism against basic rights of Muslims serving the Armed Forces, which is big step towards the interpretation and provisions on human rights from Muslims even in a nation which adopted secularism.

This landmark milestones for the Muslims in Turkish Government, Academia and Military is actually incomparable of what Malaysian muslims trying to achieve to strike the balance between the demand to uphold syariah and the challenges in a multiracial/multifaith country.

At the moment Islamist Opposition party PAS is attempting to introduce a private Bill in the Parliament to empower the shariah courts for higher penalties on felnies convicted against the shariah criminal law, under Enactments of each state of the Federation.

Published in: on February 22, 2017 at 23:59  Comments (3)  


Presiden ke Empat Pertubuhan Kebangsaan Melayu Bersatu dan pengasas Pertubuhan Kebangsaan Melayu Bersatu (Baru) Tun Dr. Mahathir Mohamad wajar mencermin diri sebelum mengeluarkan pandangan mengenai ‘Mengkhianati Bangsa’.

Hakikatnya, beliau merupakan pengkhianat teragung Bangsa Melayu dan pengkhianatan ini bertimpa-timpa.

Sepanjang dua tahun ini, beliau tergamak memanipulasi fakta dan cerita, berohong, memfitnah dan mengeluarkan kenyataan menghasut hanya kerana kekecewaan peribadi apabila agenda tergendala dan gagal.

Ini senata-mata Persana Menteri Dato’ Sri Mohd. Najib Tun Razak enggan menuriyi sepenuhnya permintaan beliau.

Dr. Mahathir secara angkuhnya bertindak unilateral sebagai ‘Penguasa’ untuk menentukan apa dasar, perancangan, keputusan, tindakan dan kerjasama yang patut, baik dan wajar dibuat oleh Kerajaan.

Oleh demikian, sekiranya Kerajaan melakukan apa-apa yang tidak secocok dan sehaluan dengan pendapat dan selera beliau dan kritikan terbuka beliau tidak diakur serta merta, maka Dr Mahathir akan memutuskan bahawa Kerajaan salah.

Maka keputusan dan tindakan Kerajaan akan membawa kesan buruk pada rakyat.

Beliau sebagai politikus machiavellian yang licik akan menggunakan pelbagai sudut dan helah politik, agar agenda beliau disaduri sebagai ‘teguran’, ‘menyelamatkan parti’, ‘menjaga kepentingan akar umbi dan rakyat’ dan sebagainya.

Contohnya, diperingkat awal Dr Mahathir rancak berkempen seluruh negara mengkritik 1MDB tanpa bukti kukuh dan fakta sebenar atas helah ‘Bicara Negarawan’, ianya dibuat “Untuk menyelamatkan UMNO”.

Dr Mahathir juga memfitnah Perdana Menteri Najib akan ditangkap dan dakwa apabila melgar negara, akibat skandal 1MDB.

Apabila gerakan bawah tanah beliau untuk Perwakilan Perhimpunan Agung UMNO 2015 untuk secara terbuka mengkritik Presiden UMNO dan Kepimpinan dan ianya akan berguling semakin besar akibat tekanan massa (terutama warga UMNO) gagal, maka beliau cuba menggunakan Parlimen pula.

Objektif pada Disember 2015 ialah untuk sebilangan besar MP BN bersama Pembangkang untuk mengundi “Hilang Kepercayaan” keatas Perdana Menteri Najib. Ianya gagal juga.

Apabila SPRM menghantar laboran siasatan berkenaan 1MDB pada 31 Dis 2015, Dr. Mahathir dengan cepat mengeluarkan kenyataan bahawa siasatan SPRM tidak akan dilayan Peguam Negara, sebagai ‘pembuka tirai’. Setelah meneliti kertas siasatan, Peguam Negara memutuskan “Tiada kes”.

Kemudian SPRM mengakui bahawa siasatan mereka sebenarnya tidak lengkap.

Lantas Dr Mahathir mengambil tindakan keluar parti, dengan harapan menjadi titik permulaan agar ahli UMNO untuk memulakan revolusi mendesak Presiden UMNO berundur. Namun, ianya menerima reaksi sepi oleh UMNO.

Pada 4 Mac 2016, Dr. Mahathir mengumumkan kerjasama bersama musuh tradisi Bangsa Melayu sepanjang setengah abad iaitu Lim Kit Siang dan parti Chauvinis Cina DAP. ‘Dekalarasi Rakyat’, yang turut didukung Pembangkang dan actives NGO anti-UMNO juga dilancarkan.

Dalam keghairahan mendapatkan sokongan rakyat, beliau telah berbohong mengenai petisyen ‘Deklarasi Rakyat’ akan dipersembahkan kepada SPB YDP Agong dan Raja-Raja Melayu untuk menyingkirkan Perdana Menteri Najib.

Beliau juga mengeluarkan kenyataan bahawa “SPB YDP Agong dibawah tahanan rumah” kerana permintaan untuk mengadap Tuanku Sultan Abdul Halim tidak dijawab.

Dr. Mahathir berbohong mengatakan Kerajaan membelanjakan habis duit untuk membeli sokongan. Hakikatnya perbelanjaan 80% duit Kerajaan adalah untuk operasi seperti pendidikan dan kesihatan. Emolumen untuk menampung kakitangan Kerajaan merupakan 38% dari bajet tahunan.

Tulisan blog terbaru mengenai Perana Menteri Najib takut untuk ke PBB merupakan fitnah yang sama, seperti pernah diungkap Dr. Mahathir. Hakikatnya, kes kunun-kunun yang diumumkan Peguam Negara AS Loretta Lynch mewakili DOJ pada Julai 2016 mengenai 1MDB tiada pun tindakan susulan.

Sebagai pemimpin tertinggi UMNO, parti keramat nasionalis Melayu itu terkubur pada 4 Feb 1988. Perpecahan politikus Melayu memuncak dan memberi kesan kepada masyarakat Melayu.

Ini cukup bukti untuk membuktikan Dr Mahathir mengkhianati Bangsa Melayu.

Dr Mahathir melacurkan status Negarawan dengan tindakan fitnah yang berterusan dan bertimpa-timpa. Kedegilan orang yang obessif diluar pertimbangan ini sebenarnya pengkhianatan kepada Bangsa Melayu.

Sultan Johor bertitah murka mengenai Dr. Mahathir juga merupakan pengkhianatkan kepada Bangsa Melayu. Seorang pemimpin wajar beradab dalam berpolitik dan mengelakkan melanggari jajaran seorang Raja Melayu.

Bagi pemimpin Melayu yang beradab dan sepatutnya menunjukkan teladan yang baik dan mulia, insiden dimana Istana Negara menarik balik jemputan majlis pengisytiharan Seri Paduka Baginda Yang DiPertuan Agong XV Disember lepas cukup untuk memberi kesan.

Published in: on February 11, 2017 at 03:45  Comments (4)  

The Cost of Manja

The civil service bill

The civil service bill

In moving Malaysia forward not only into the newly developed nation status but a high middle income nation, the rakyat must do their bit together with enthusiasm and not leave everything to the Government to realise, execute and bear the cost.

The Malaysian Government under Prime Minister Dato’ Sri Mohd. Najib Tun Razak laid out a target to be a high economy nation with the people able to obtain high income, which should be realised with one of many strategies is the rationalisation of subsidies.

The fundamental philosophy of a ‘Government’ is ‘To provide the things and services that people cannot provide for themselves’.

Let us Malaysians take a close look at that. Do we provide and do things ourselves and minimise the burden to the Government?

As  a general rule, Malaysians don’t. They prefer other people to do these things for them. Conveniently, the Government. Anything and everything, even the petty of things in their daily life, they blame and put the responsibility on Government.

Example like the power consumerism. If there are errant traders who do profiteering, can the consumers do anything about it if they feel they have been bullied or treated unjustly?

Oh yes they can! They can boycott such traders. Even the cartel, if the community which felt unjust.

But do they do that? No. Usually they do nothing but complain. They conveniently  put the burden on Government, to act for them.

“Government should……” is one the most widely used phrase amongst Malaysians all walk of life.

Many of rulings and directives have to be ‘enforced’, which means enforcement officers have to assigned. A quick example is ‘meter maid’ by municipalities and local authorities, to enforce parking rules are observed.

This cost could otherwise be minimised if the people in their earnestness abide by rules without much supervision.

Taken that some essential services involving security such as like military, police, prisons, immigration, coast guard etc. have to be provided and manned by civil servants. However, sort which could be automated with the advancement of technology such as administrative is actually growing.

The work demand partly created by service required or expected to be delivered by the Malaysian public actually saw the civil service growth, both horizontally and vertically. Some ministries even provide three Deputy Secretary General positions, with corresponding Divisional Secretaries and Directors.

This is why the civil service is so enormous. 1.6mil people are employed on behalf of the Government to serve cogs and gears of the nation. Inadvertently, this is why to pay for the civil service cost the Malaysian taxpayers RM93 bil or 35.8% of annual Federal Government budget.

That alone is 78.8% chunk off the revenue collected by Inland Revenue Board of RM118 bil.

This is up and above bills that the Federal Government are already paying (at almost 100%) for the comfort of the rakyat, which is health and education.

The left over from direct taxes collected by IRB in the form of income tax and other taxes is RM25 bil, which is supposed to pay for other expenditures.

High operating expenditures such as paying emoluments and pensions for the civil service also means that lesser could be invested in socio-economic development capital expenditures.

The present ratio of 1 civil servant to less than 20 Malaysians is a little too high. This is even higher ratio than pre-corporatisation and privatisation of services like electricity, water, telecommunications, postal and other services.

Realistically, high civil service bill in annual budget is not a good indicator that the nation had moved forward as a newly developed nation. The economy may qualify to be in the cohort.

However, the attitude of the people is pointing towards that they are not quite independently developed.

Published in: on February 1, 2017 at 22:00  Comments (14)  

Expanding the Bumiputra Economic Agenda

The market flavour of the week is Some Darby Bhd. breaking up into three different core group and be listed separately as Sime Darby Bhd., Some Darby Property Bhd. and Sime Darby Plantations Bhd.

NST online:

Sime Darby may raise RM27 billion from unit listings



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KUALA LUMPUR: Sime Darby Bhd could raise more than RM27 billion from the listings of its plantation and property companies while maintaining controlling stakes in them, analysts estimate.

Analysts gave thumbs-up to the spin-off plans but were split over upgrading, maintaining or even downgrading their recommendations on Sime Darby. Kenanga Research said if it kept a 51 per cent stake in each entity, the conglomerate could raise some RM27.2 billion from the listings.

The plantation arm could fetch RM19.4 billion and the property firm is expected to raise RM7.8 billion, which represents cash per share of RM4.10. Sime Darby announced on Thursday that its plantation and property units would be listed on Bursa Malaysia as Sime Darby Plantation Bhd and Sime Darby Property Bhd.

“We are positive with this move which should unlock value in both spin-offs, while substantially improving Sime Darby’s balance sheet position and potentially providing a bonus to shareholders in the form of dividends or shares in the new companies,” said Kenanga Research .

“Assuming Sime Darby retains 50 per cent of the RM27.2 billion funds raised and pays out the rest as dividends, this would represent a bumper dividend of RM2 per share or 22 per cent of the current share price.

“With the remaining funds, we would expect Sime Darby to enter into a net cash position from the current net gearing position of 0.4 times,” said the firm.

Kenanga Research upgraded its call on Sime Darby to “outperform” from “neutral” with a higher target price of RM9.88. MIDF Research downgraded Sime Darby to “neutral” with an unchanged target price of RM9.05 as it believed most of the optimism on the corporate exercise had been priced in.

The firm said its shareholders are likely to enjoy long-term benefits from the removal of “conglomerate discount” attached by the market.

“This is especially true for the plantation division as pure planters tend to command higher price earnings valuation against conglomerates with many businesses,” it said. Public Investment Bank Bhd affirmed its “outperform” call and RM9.30 target price.

It said Sime Darby Plantation, which was set to become Malaysia’s biggest listed plantation company, also had the largest planted landbank in the world. This is based on its vast planted landbank of 603,254ha across Malaysia, Indonesia, Papua New Guinea and Liberia.

“Taking into consideration its landbank size, regional footprint, fresh fruit bunch (FFB) production growth, FFB yield, age profile and current strong crude palm oil prices, we strongly believe the plantation arm should be able to attract healthy valuations for its listing.

“Based on our preliminary studies, the market capitalisation would likely be in the range of RM48 billion-RM55 billion or an estimated price earnings ratio of 25-30 times,” it said. PublicInvest said Sime Darby Property is set to be one of the largest players in the country based on its annual property sales of more than RM2 billion.

“Based on our valuations, the property arm could be listed at an estimated market capitalisation of not less than RM10 billion. However, the listing might be in the later part of the year as property sentiment remains lacklustre,” it added. Sime Darby kept its improvement on Bursa, edging up 4.65 per cent to RM9.23 from Thursday’s close of RM8.82.

The stock was Bursa’s top gainer yesterday and best performer year-to-date with a 13.95 per cent gain.

Read More :


The decoupling of groups from the existing Sime Darby Group, which arisen from the merger of Some Darby, Guthrie and Golden Hope Plantations ten years ago is timely and a brilliant step moving forward.

The conglomerate now is listed under the Forbes Global 2000 list as number 813. If measured under market cap, then it is at number 867 of the same list.

It would provide better growth, arisen from focused separate teams and strategies. Example is property is a segment which Sime Darby could really capitalise and existing resources be optimised for better return on investment and value creation.

This is a strategy where Sime Darby Property could horse-back on the Government strategy of wealth creation and gallop on the bullish-ness of making Malaysia a high income nation.

The appetite for property, especially for commercial and high end and luxury segment is quite promising. Considering the Forest City development in Iskandar Malaysia, is a good example of the opportunities available and waiting to be capitalised.

The development of the High Speed Rail from Kuala Lumpur to Singapore is expected to pass through many of Sime Darby assets and investments, which could be developed for new satellite townships along the route.

Unlocking, realising and optimising value creation for PNB is a strategy laid by the new management team led by Tan Sri Abdul Wahid Omar as Chairman and Dato’ Abdul Rahman Ahmad as Group CEO two months ago. Unit trust schemes under PNB are strategic and majority shareholder of Sime Darby Bhd.

The Star story:

Friday, 25 November 2016

Malaysia’s largest fund-manager unveils strategic plan


KUALA LUMPUR: Permodalan Nasional Bhd (PNB), the country’s largest fund-management company which has a new team at the helm, has unveiled a six-year strategic plan to deliver sustainable, consistent and competitive returns to its unitholders.

PNB has set a target to increase its total assets under management to about RM350bil by 2022 from about RM259.49bil currently.

In a rare press briefing on its performance, PNB disclosed that was expecting a gross income of RM18.64bil and a net income of RM15.18bil with a return on assets of about 6.1%.

According to group chairman Tan Sri Abdul Wahid Omar, PNB has been able to deliver consistent returns to its unitholders, with over RM136bil having been paid out since its inception 38 years ago.

PNB is currently the market leader in the local unit trust industry, managing RM220bil in unit trust assets with 12.8 million accounts, representing over a 60% market share in terms of total fund value.

PNB also expects the dividend payout this year to be maintained, said Wahid as he unveiled PNB’s Strategic Plan 2017-2022 yesterday.

Meanwhile, PNB president and group CEO Datuk Abdul Rahman Ahmad said PNB recognised the challenges ahead in the period of global uncertainty, given the flat global economic growth and low interest-rate environment.

“This is exacerbated further by the negative trend of the FBM KLCI for the past three consecutive years attributed by the weak shareholders’ return of large-cap Malaysian corporates over the period,” he added.

PNB is a major investor in Bursa Malaysia with investments of nearly RM170bil or 10% of the market capitalisation of the bourse.

Its strategic holdings are in Malayan Banking Bhd (Maybank), Sime Darby Bhd, UMW Holdings Bhd, S P Setia Bhd, Chemical Company of Malaysia Bhd and MNRB Holdings Bhd.

It also has sizeable stakes of more than 10% in large caps such as Axiata Group Bhd, Tenaga Nasional Bhd, CIMB Group Holdings Bhd and Telekom Malaysia Bhd.

To counter the challenges ahead, Abdul Rahman said the PNB Strategic Plan 2017-2022 would chart the way forward for the group to deliver sustainable, consistent and market-leading returns.

However, he said that corporate Malaysia has to perform.

“Companies should not undertake mergers and acquisitions without enhancing shareholder value. Every single action that they take should create shareholder value,” he added.

To attain PNB’s vision to be a distinctive world-class investment house, PNB has formulated the Strive 15 programme which comprises three pillars – enhancing sustainable returns, effective investment management and driving operational excellence.

Abdul Rahman said: “We have developed a clear strategic plan to address current and future challenges, thus ensuring PNB can sustain its performance for the next six years and beyond.”

He pointed out that PNB would continue to invest in high-performing Malaysian corporates.

“Our cash is sizeable and we will continue to invest whenever the opportunity arises, including in fixed income when the time is right.”

At the moment, out of PNB’s investment portfolio, the cash position is about 20% and fixed income is 4%.

A 20% cash holding is about RM50bil in terms of absolute amount.

Towards this end, Abdul Rahman said that it would be redeploying some assets to reduce its cash position when the opportunity arises.

“We think that while it is important to hold cash, RM50bil is a bit too much,” he said.

Wahid added that there were a lot of things that could be done and achieved with PNB’s existing strategic investments.

“We will work closely with the management and board of our strategic investment companies to see how we can further maximise returns and create more value for these companies,” said Wahid.

Recently, there was a news report of a break-up of Sime Darby, the conglomerate in which PNB has close to a 55% controlling stake.

Spculation has been rife that both Wahid and Abdul Rahman were keen on seeing the board of Sime Darby come up with a plan to unlock value by having more individually listed entities as opposed to a single public-listed parent holding an array of different businesses.

On PNB’s cash position, Abdul Rahman said that the current cash position of 20% of total assets was definitely not optimal and that PNB would be looking to deploy those monies to work soon.

“We will source for new strategic investments and core portfolio companies. Private equity and fixed income will be another asset class that we are looking to increase exposure to,” said Wahid.

“For now, given the weak ringgit, we will not move into acquiring global assets.”

Abdul Rahman, meanwhile, is bullish on the positive growth of PNB’s funds, given the lows in the earnings cycle, historically low foreign ownership and the fact that “not often the KLCI underperforms for three consecutive years”.


Hence, it is quite achievable that PNB increase its value by 34.6%, equivalent RM90 bil, from the current asset at RM260 bil to RM350 bil in six years.

The surplus of cash from the listing of two other Sime Darby groups is extra resource, to be realised in the optimisation of the existing market capitalisation of Sime Darby. Currently, it is hovering in the neighbourhood of RM62.8 bil.

Three years earlier, Some Darby set the target to bring the market cap to RM100 bil.

Bernama story:

Monday, 9 June 2014 | MYT 6:00 PM

Sime Darby aims to double market cap to RM100bil by 2016


KUALA LUMPUR: Malaysia-based multinational conglomerate, Sime Darby Bhd, plans to almost double its market capitalisation to RM100bil on Bursa Malaysia by 2016 from RM57.73bil recorded to date.

In line with the five-year strategy blueprint for financial year 2012 until 2016, Sime Darby would continue to expand and strengthen its position in diversified business activities such as plantation, industrial, motor, property and energy and utilities.
Executive Vice-President Group Strategy and Business Development Alan Hamzah Sendut said from the financial perspective, the company has recorded a lower financial result due to volatility in global commodity prices.

Sime Darby’s profit before interest and tax for the nine-month period ended Mar 31, 2014 slipped 16% to RM2.922bil from RM3.478bil recorded in the same period last year.

“However, our production (palm oil) is increasing, and volatility in the crude palm oil prices is beyond our control,” he told reporters on the sidelines of Invest Malaysia 2014.

Alan also said the company has outlined strategic thrusts for each of the division under the group.

“For the plantation division, we will be looking at land bank expansion. We are looking for opportunities to acquire land outside Malaysia,” he added.

Sime Darby Bhd registered a pre-tax profit of RM1bil in its third quarter ended March 31, 2014 compared with RM934.74mil registered in the same period a year earlier.

The group, however, posted a lower revenue of RM10.295bil for the quarter compared with RM10.84bil in the same period last year, while earnings per share was higher at 14.09 sen against 11.5 sen previously.

The conglomerate attributed the quarter’s higher profit to improved results from the plantation division and a lower effective tax rate. – Bernama


The global financial crisis hitting at the end of 2014 and all throughout 2015 set the target back. In all, market cap of company listed in Bursa Malaysia saw an unprecedented reduction in value, despite the fundamentals such as operations and NTA are still encouraging.

Needless, this corporate move is extending the expansion of the Bumiputra Economic Agenda as part of the nation’s high income economy, which Prime Minister Dato’ Sri Mohd. Najib Tun Razak first assured the Malays in 2013.

It is a good start for the year of the Fire Cock.

Published in: on January 31, 2017 at 03:01  Comments (1)  

Emperorissimo Eroticism

Faust of ‘Flip-Flop’ Tun Dr. Mahathir Mohamad is really taking a huge political suicidal risk for teaming up with arc enemy Chinese Chauvinist Emperorissimo of DAP Lim Kit Siang, in his personal quest to oust Prime Minister Dato’ Sri Mohd. Najib Tun Razak.

NST story:

Kit Siang only concerned if issues serve his purpose: Former DAP vice-chairman


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KUALA LUMPUR: DAP adviser Lim Kit Siang has been labelled an “opportunist” and a “hypocrite” for his nonchalance over the controversial Bumiputra Malaysia Finance (BMF) scandal in the early 1980s.

This was despite the opposition leader then leading a crusade against then prime minister Tun Dr Mahathir Mohamad over the issue. Lim’s indifference was likely to appease a segment of Malay voters ahead of the 14th General Election (GE14), said former DAP vice-chairman Tunku Abdul Aziz Tunku Ibrahim.

“This shows that Lim is an opportunist who will only take matters into his concerns if they serve his purpose, (and in the process), turn them into huge criminal issues. Otherwise, he will just sweep them under the carpet.

“The issue will remain the same. Only his reaction will be different,”

Tunku Abdul Aziz said yesterday. As of now, Tunku Abdul Aziz said Lim would have to downplay his response to the BMF controversy to establish a working relationship with Dr Mahathir and subsequently, hope to secure a certain deposit from a Malay vote base.

“If he upsets Dr Mahathir (by raising the BMF scandal), the already fragile relationship between them will simply disintegrate.”

Tunku Abdul Aziz said such opportunistic traits were synonymous with Lim.

“I have seen such traits in him. That is how he treats PKR and Pas. He is just using them for DAP’s purpose. I had once asked him personally, are we (DAP) taking (former opposition leader Datuk Seri) Anwar (Ibrahim) and Pas seriously? Lim could not give me a straight answer.”

It was reported last week that the United States Central Intelligence Agency had linked Dr Mahathir’s administration to the BMF scandal between 1979 and 1983 that had cost the country nearly US$1 billion (RM3.57 billion) in two botched loan deals.

The scandal also involved the murder of a Bank Bumiputra auditor.

In response to the issue, Lim had published two books on BMF. The first was published in 1983 titled The BMF Scandal and the second was in 1986, titled BMF: The Scandal of Scandals. So far, Mahathir has denied his involvement in the scandal, while Lim was reportedly to have said that the CIA findings “did not reveal anything new”.

Lim’s disposition had also courted criticisms from other former DAP leaders. Law lecturer Shamsher Singh Thind said while Lim had the moral capacity to forgive Dr Mahathir for jailing him during the infamous Op Lalang period, he should not forgive him for causing the country to lose billions of ringgit.

“Lim had written two books on the BMF scandal and issued numerous press statements, demanding a Royal Commission of Inquiry to be established for what he called ‘the greatest banking and financial scandal in Malaysian history’.

“In a 1987 press statement, Lim had also said that Dr Mahathir was personally liable for the US$200 million (RM886 million) loss suffered by Bank Bumiputera after he (Dr Mahathir) requested the said bank to give a loan to Maminco Sdn Bhd, a company which had no asset.

“Lim also said that the BMF scandal cost Malaysians US$2.5 billion and ‘the government had given the Malaysian people and the world the impression that it had a lot of things to hide, and was going out of its way to protect the BMF culprits.’

But now, Lim himself is protecting Dr Mahathir,” Shamsher said. Former Sepang DAP parliamentary liaison committee member, Tan Tuan Tat said Lim used to “howl” at any issue in order to prop himself up as the “people’s champion”. “

Of course, he is an opportunist. He has to be nice to Dr Mahathir now because he needs the Malay votes to win GE14. “One wonders what has happened to DAP’s mantra on Competency, Accountability and Transparency, or CAT,” he said.

Read More :


Dr Mahathir failed in every stunt to oust Prime Minister Najib, since the former launched the open attack against the latter in March 2015.

Focusing on the 1MDB, first he tried to use then Deputy Prime Minister and Deputy UMNO President Tan Sri Muhyiddin Mohd. Yassin to canvass support amongst strategic UMNO and Government leaders, as his foreign media partners incessantly started to shell.

Then the ‘Four Horesmen of Conspiracy’ in lightning speed formed a Special Task Force to “Investigate what had been reported by WSJ and Sarawak Report”.

The flanked attacks on Prime Minister Najib’s position failed miserably. When Muhyiddin was sacked, Dr. Mahathir tried to use UMNO to mount that pressure.

He hoped UMNO delegates raised the matter in the Dec 2015 AGM and cause a ripple, which eventually pressure Prime Minister Najib to step down. It failed too.

He then was counting the same ripple was created amongst the Opposition MPs and some of BN MPs to join in the fray for a vote of no confidence at the Dewan Rakyat.

He was wrong.

Then he quit UMNO. He was hoping that would create a desired snowball effect.

The truth is majority of UMNO members were not bothered. 

Dr Mahathir came to realisation that Prime Minister Najib cannot be toppled through UMNO. The only way left is to sink Barisan Nasional.

He cannot do this with his existing or perhaps waining clout. It has to have a more powerful push-factor, so that at least half of the nation would participate in the force to topple Prime Minister Najib.

Then on 4 March 2016, he launched ‘Deklarasi Rakyat’ teaming up with arc enemy Lim Kit Siang, DAP, PKR, anti-establishment activists, like-minded NGO, the works.

He hoodwinked the rakyat to sign the petition, which would be brought upon to His Majesty Seri Paduka Baginda Yang DiPertuan Agong for the ouster of Prime Minister Najib.

The Sarawak State Election and the twin bi-election middle of 2016 is the proof that BN’s popularity is still good if not strong. At least, the Chinese votes have improved compared to 13GE.

When the petition did not reach the desired effect, he quickly launch his All-Malay parti Parti Pribumi Bersatu Malaysia.

Pribumi Bersatu was quick to Alliance themselves with the Opposition, particularly DAP and PAN. 

Despite there are uneasiness and resentment amongst DAP hardliners for Lim to be politically so chummy-chummy with DAP’s arc enemy for half a century, the Emperorissimo still steam on.

Lim calculated that Dr Mahathir is the ticket for the Opposition to break the conservative-Malay support, which is the mainstay of BN.

So at the moment, Lim views Dr Mahathir’s obsession to topple Prime Minister Najib even at the expense of the Malays losing power for the first time in six decades as the perfect opportunity for Chinese Chauvinist DAP be the real power despite being minority.

Published in: on January 30, 2017 at 17:01  Comments (1)  

No Love is Lost

The Chinese Chauvinist DAP Emperorissimo Lim Kit Siang failure to realise that the Muslims value virtues of the faith and brotherhood amongst themselves, up above any political strong political stance even for common objective.

NST Online story:

Kit Siang says may act against Hadi over Islam


BY BALVIN KAUR – 28 JANUARY 2017 @ 5:21 PM

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GEORGE TOWN: DAP Supremo Lim Kit Siang is considering to take Pas president Datuk Abdul Hadi Awang to court for insinuating that he is “anti-Islam”.

Lim said he had instructed his lawyers to consider whether Hadi’s remark was defamatory and a cause for legal proceedings.

“I am not anti-Islam and I support the inclusive, enlightened, progressive and tolerant Islamic vision as spelt out in the “Pas for All” slogan in the 2013 General Election.

“However, I cannot support an intolerant and extremist Islamic vision, whether by Islamic State or by any Islamic leader claiming to use the religion to hide their extremism and intolerance,” he told reporters after the Penang’s Chinese New Year open house at SPICE here today.

Pas was formerly with DAP and PKR in the opposition’s Pakatan Rakyat (PR) coalition. The coalition was declared ‘dead’ after Pas pulled out following a spat with DAP, particularly with its secretary general Lim Guan Eng, who is also Penang Chief Minister.

Last week, Lim (Kit Siang) called upon Pas to work with DAP to “save Malaysia from a global kleptocracy” and “from becoming a failed and rouge state”.

On Friday, Hadi, in responding to his call, said that the party was shutting its doors to any further cooperation with DAP. Hadi had said that DAP failed to show any proof that it supported Pas’ struggle for Islam and the formation of an Islamic government, which was the core of the party’s struggle.

He said that DAP also showed its true colours to the Muslims in Penang when it failed to look after their interest although it had one term to do so.

Lim said Hadi’s response was not only “haughty and arrogant” but also “misconceived and misinformed”. “It is Hadi’s prerogative to dismiss any possibility of working with DAP, but he has no right to turn and twist facts to justify his position.

“It was not DAP but Hadi as Pas president, who had violated the PR common policy framework and consensus principle that all decisions in the coalition should be reached by consensus of all the three component parties.” he said.

Lim also said that Hadi should look into the mirror when he alleged that the DAP has failed to look after the interest of the people of Penang.

“Lest Hadi forgets, DAP-led Pakatan Rakyat won 30 state assembly seats in GE13 as compared to 29 seats in the 2008 general election.

“In the general elections, DAP not only won all the 19 seats it had in the 2008 general elections, but with a bigger majority in everyone of the 19 seats, “In contrast, Hadi was thrown out of the Terengganu state government after one term as the Menteri Besar.” he said.

Read More :


PAS and DAP had all along been like oil to water. They can’t mix and complement each other. The only purpose they got together several times in a number of Opposition coalition is work on their luck to capture each own’s market share and bring to the table in the common objective to topple Barisan Nasional.

Their ideology is way on opposite extreme of the spectrum. They leaders and members of both parties have deep distrust against each other. It is almost impossible for them to have a common manifesto and as a result, for a coalition there have been unable to list down their ‘shadow Cabinet’.

No doubt DAP has benefited immensely by the foot soldiers provided by PAS, whenever they hold a public demonstration.It is very apparent when PAS started to issue ‘non participative’ to its members that the participants significantly dwindled.

This is not withstanding the composition of the demonstrators of BERSIH 4 and 5 did not really reflect the true segmentation of Malaysians.

Without PAS in the fray, the Pakatan Harapan stooge and errand dogs for DAP PAN would face herculean task to canvass for the Malays-Muslim conversation votes in the upcoming 14GE.

The ‘Flip-Flop’ polemic of faux pas by the Chairman of Pribumi Bersatu and defect Supremo Dictator of Parti Peribumi Bersatu Malaysia DR Mahathir about “DAP becoming Prime Minister”, “DAP demanding Deputy Prime Minister post” and “We basically agreed”.

If Lim Kit Siang and Dr Mahathir has casted in stone this commitment to topple Prime Minister Najib by 14GE, then it would be very difficult for PAS to join into that political fray.

Hj Hadi and most of PAS stalwarts and hardcores, particularly from Kedah, which is the home state of Dr Mahathir, have never forgotten and forgiven for the massacre of Ustaz Ibrahim Libya and 12 of his supporters in Kg Memali in Novermner 1981.

The soft approach of Prime Minister Dato’ Sri Mohd. Najib Tun Razak to slowly winning the comfort and eventually of trust of PAS President Hj Hadi and other headliners.

The list is growing like  appearing in events commonully  benefit for the Malay-Muslims, BN ADUNS supported the enactment for Syariah criminal acts in Kelantan State Assembly, the announcement BN MPs shall support Hadi’s private bill of amendment to RUU325 and eventually BN shall undertake to present the Bill in Dewan Rakyat, are examples that pointing healthy co-operation for the betterment of Malay-Muslim.

Lets face it, the 1MDB and so called “Kleptocracy” allegations without admissible substance and evidence already got majority of the rakyat lost and uninterested,

There is very little that Chinese Chauvinist Emperorissimo and his DAP party to entice the majority of Malay-Muslims in the rural areas, which simply translate into bills worthy of tender issued by Bank Negara in the pockets often enough, to alleviate their economic position.

After all, for the fifty years of formal existence, Chinese Chauvinist DAP never had any affirmative action policy, considering the Bumiputra makes up almost two-thirds of Malaysians.

Published in: on January 29, 2017 at 06:00  Comments (2)  

Gong Xi Fa Cai

Published in: on January 28, 2017 at 00:26  Comments (1)