Ganesh Sahathevan

Vincent Tan's THE EDGE has reported concerning Vincent Tan and his Berjaya Land: On the home front, BLand owns some strategic pieces of land, chiefly the Selangor Turf Club(STC) in Sungai Be si and huge plots in Taman TAR and Bukit Jalil. It also has a 48.76% stake in Berjaya Sports Toto that is valued at over RM3 billion. (Cover Story: Berjaya on the mend,By M Shanmugam 8 October 2007,The Edge Malaysia (Weekly)) Berjaya Land were to take ownership of the STC land in land swap that would require BLand to build a race course in Bukit Tagar, Selangor. The Sultan of Selangor is opposed to this plan.Subsequently the Selangor State Government has refused permission for the proposed racecourse. Vincent and Berjaya Land claiming ownership pf the STC would appear to be in clear defiance of the Sultan's wishes. ````````````````````````````````````````````````````````````````````````````````````` Some backgound on the matter as reported by Dowjones Berjaya Land Bhd.'s (3395.KU) billi...

On ABC's Lateline, 25 October 2007, there was this exchange between Mike Smith, CEO ANZ and the presenter, Ali Moore: ALI MOORE: So what, the ANZ buying a whole bank, where? MIKE SMITH: Somewhere. ALI MOORE: Well, you can't in China? MIKE SMITH: No, but you can buy a regional bank that has operations in China. There are various operations and obviously I'm not going to tell you what they are, but I suspect you can work them out. Standard Chartered appears to be the only bank that fits Smith's criteria and which would be a realistic target. By process of elimination; banks incorporated in this region with operations in China are not likely targets for most countries in this region, like China, prohibit takeover of their banks. That leaves two possible targets, HSBC and Standard Chartered. HSBC is clearly too large a target, hence leaving just Standard Chartered. END

On October 28, 1966, about a month and a half after Teh Hong Piow and other former senior executives of Malayan Banking Bhd opened Public Bank Bhd for business, there was a run on Malayan Banking. The matter was so serious that police had to be called in to control crowds at some branches, and Bank Negara and its then Governor Ismail Ali had to issue a statement expressing Government support for Malayan(Straits Times, Saturday ,29 October 1966,page 1). According to a market commentary in the Straits Times, Monday 31 October 1966: The (Bank Negara) statement on Malayan Banking was more than timely in view of the rumours that have been sweeping through the market over the past month or so. The market has to a large extent been holding back because of concern about the affairs of this huge bank chain, with all its ramifications and which in the past few years has expanded so rapidly. The report and accounts for the year ended June 30 are well overdue.The annual meeting is some six weeks l...

From THE STAR 18 October 2007: Teh Hong Piow , then 36, beat all the odds and became the founder, owner and managing director of Public Bank Bhd, which opened its doors for business on Aug 6, 1966, in a three-storey building at No 4, Jalan Gereja in Kuala Lumpur .......... In 1960, the 30-year-old Teh left OCBC to be part of a small group which helped start Malayan Banking. He was one of the management staff charged with building the bank from scratch. He rose swiftly through the ranks and became general manager within four years . In 1966 came the decision to strike out on his own. One of his earliest breakthroughs – a foray into housing development – generated some RM10mil, which was used as seed money to set up the bank. (http://biz.thestar.com.my/news/story.asp?file=/2007/10/18/business/19198449&sec=business ) So -Teh left Maybank in 1966-got into property development , made RM 10 million-and started his own bank in August that year.How brilliant, how skillful......(readers c...

[ Domain Name ] myfox.com.my b [ MYNIC Registration No. ] D1A074797 c [ Record Created ] 08-FEB-2007 d [ Record Expired ] 08-FEB-2008 e [ Record Last Modified ] 08-FEB-2007 f [ Invoicing Party MYNIC Handle: R07 ] Fauziah Musa JARING Technology Park Malaysia 57000 Kuala Lumpur Wilayah Persekutuan onlinedomain@jaring.my (Tel) 603-8657 5000 (Fax) 603-8994 3106 g [ Registrant MYNIC Handle: FOXC1.ORG ] FOX CONSULTING SDN BHD (602965-T) 45-49, JALAN PJS 1/28 TAMAN PETALING UTAMA 46000 PETALING JAYA Selangor (Tel) 603-77815806 (Fax) 603-77824434 h [ Administrative Contact MYNIC Handle: DCA040495 ] Sandra Lee FOX CONSULTING SDN BHD 45-49, JALAN PJS 1/28 TAMAN PETALING UTAMA 46000 PETALING JAYA Selangor sandra@foxmedia.cc (Tel) 603-26151181 (Fax) 603-26151160 i [ Billing Contact MYNIC Handle: SANDLEE0.CON ] Sandra Lee Efficient Mailcom Sdn Bhd 45-49 Jalan PJS 1/28 Taman Petaling Utama, 46000 Petaling Jaya Selangor Malaysia sandra@efficient.com.my (Tel) 03-77812555 (Fax) ...

Then: BANK Negara will stand firm in not allowing any company with gaming interests to own equity stakes in banks, a stand which may affect Berjaya Group's proposed purchase of a 20 per cent stake in Intradagang Merchant Bankers (M).....Jaffar said companies in such a position will have to forgo their gaming interest first before acquiring any stake in a bank. "Gaming and banking do not go together," Jaffar added. (Source:GAMING FIRMS CAN'T HAVE STAKES IN BANKS'. By Mustapha Kamil. 31 March 1993 Business Times) Now: From the Berjaya Corporation website : KUALA LUMPUR: Asia’s first private mint is almost complete and is set to start operations by the end of this year. The RM700mil Focus Equity Sdn Bhd facility in Bukit Tagar, near Kuala Selangor, is the only private currency printing outfit outside Europe and aims to make Malaysia a world player in this niche industry. Most mints are owned by governments. “The new and ultra modern high-tech facility has the latest ...

Cosmonaut Rank Yuri Ivanovich Malenchenko Soyuz TMA Commander Peggy Whitson Soyuz TMA Flight Engineer Sheikh Muszaphar Shukor Flight Participant Salizhan Shakirovich Sharipov Soyuz TMA Commander Backup Edward Michael Fincke Soyuz TMA Flight Engineer Backup Faiz bin Khaleed Flight Participant Backup The actual designations become clearer when one looks at the Bios at http://www.roscosmos.ru/Member.asp?screwID=40 AND http://www.roscosmos.ru/Member.asp?screwID=43 For contrast see bio of Charles Simonyi , a space tourist, but nevertheless listed as "Mission Specialist". Charles Simonyi Mission Specialist Spaceflight training: In early 2006 Simonyi expressed interest in becoming a space tourist and signed agreements with the world’s leading space tourism company, Space Adventures, Ltd., for a 10-day mission to the International Space Station. In August 2006, he passed a pre-qualification ...

Extract from AIRASIA BERHAD FOURTH QUARTER REPORT ENDED 30 JUNE 2007 15. Capital commitments outstanding not provided for in the interim financial report Capital commitments outstanding not provided for in the interim financial report Capital commitments for property, plant and equipment: Group as at 30.06.07 : Contracted for RM 18,405,482,000 Authorised but not contracted for RM 98,664,000 Deposit on aircraft purchase RM 317,296,000 Comment:If it has been actually committed, should it not be accounted for? (Accepted that capital commitments can inclduing items like buildings etc; but it is likely that the bulk of the amount would pertain to investment in aircraft)

Most media have reported, as has the BBC in the story below, that Air Asia has ordered hundreds of new A320s. However the list provided at http://www.edinavtn.co.uk/assets/files/PDFs/A320.pdf, dated 1 September 2007, shows on 6 planes on order. Air Asia raises Airbus A320 order Malaysian airline Air Asia has boosted the size of its fleet, ordering 100 more A320 planes from Airbus. The group has also taken out an option for a further 30 planes as it prepares for the launch of a joint venture for budget long-haul flights, Air Asia X. Air Asia declined to give details of the deal, but at catalogue prices it would be worth more than $6bn (£3bn). The deal doubles an order the group placed with European planemaker Airbus last month for 100 of the A320s. The small planes are used for short- and medium-haul flights, and are expected to be delivered after 2012. Air Asia currently has a fleet of 50 aircraft, comprising 15 A320s and 35 Boeing 737-300s. Earlier this month, the group said it...

Details of AirAsia X's sole plane: The aircraft with registration 9M-XXA was first delivered for use in Ocober 1994( see entry 54 at http://www.edinavtn.co.uk/assets/files/PDFs/A330.pdf) History of the aircraft Delivery Date Operator Registration Remark 02/05/1994 Aer Lingus EI-SHN lsd ILFC - ret 28/06/02 as N54AN 27/04/2004 Air Algerie F-OMSA lsd from AWAS - ret to lessor 27/08/05 28/09/2005 Air Madrid EC-JMF Suspended operations 16/12/06 - Stored at BCN - To SN Brussels - reg N54AN 14/09/2007 Fly Asian Xpress 9M-XAA AirAsiaX (http://www.airfleets.net/ficheapp/plane-a330-54.htm) One plane with plans for more is enough for AirAsiaX Steve Creedy | October 05, 2007 AIRASIAX has rejected suggestions from rival Jetstar that passengers on its new Australian services will be stranded if its only plane breaks down. The long-haul, low-cost carrier - to start flying to Australia early next month - will begin service with just one leased A330 aircraft flying four times a week to Australia ...

According to a TASS News Agency report: Russia is expected to receive U.S. $900 million from the sale of 18 Sukhoi-30MKM fighter jets to Malaysia, under an agreement signed Tuesday within the framework of Russian President Vladimir Putin's visit to Kuala Lumpur, ITAR-TASS reported quoting Russia's state arms exporting agency Rosoboronexport's Deputy General Director Sergei Chemezov. Malaysia will pay for the jets in cash, Chemezov said dismissing reports that part of the contract might be paid in kind. "No palm oil, the entire sum will be paid in foreign exchange, that is U.S. dollars," Chemezov said. Although Malaysian law envisages that a certain portion of cash received under such a contract is to be used for purchase of Malaysian-made goods, some unspecified Malaysian companies has proposed that the quota be given to them thus enabling Russia to receive the whole sum, Chemezov said. "I hope the issue will be decided in a positive way," Chemezov sa...