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Showing posts from May, 2008

Petronas paid over 3 times previous benchmark for stake in Santos

The Petronas-Santos deal values the Australian company's proven and probable reserves at $4.91 a gigajoule (GJ). Earlier this year, BG Group of the UK paid an average of $1.58 a GJ for a portion of Queensland Gas Ltd's upstream proven and probable reserves. "This is a new benchmark [price] for eastern Australian gas," said David Knox, the acting chief executive of Santos. After the transaction was announced, Santos shares surged 10 per cent, or $2.10, higher to $21.08.(http://business.smh.com.au/santos-sells-lng-stake-for-26b-20080529-2jj1.html) The question is : WHY? The answer is of course subject to the OSA, a breach of which can lead to being ISAed.

PM Rudd's Beijing AustChina directly linked to the state

From The ChinaDirectory website: Beijing Austchina Scientific Technology Co., Ltd. Link ID 109419 Title Beijing Austchina Scientific Technology Co., Ltd. Url http://www.ltt.com.cn Description Software. Category Computer & Internet > Computer software Date Dec 3, 2005 (See link at http://www.chinadirectory.com/detail/109419/beijing-austchina-scientific-technology-co-ltd.html) As previously noted(http://sahathevan.blogspot.com/2008/03/is-lu-kewen-friend-beijing-austchina.html): Ltt.com.cn is the website of the LTT Textiles Co., Ltd. The company's address: 310 North Zhongshan Road , Hangzhou , China ,310003;matches that of the Zhejiang Metals and Minerals Exp&Imp Corp (http://www.zjmtd.com.cn/contact.htm) LTT Textiles phone number: 86 - 571 - 85775641 matches one that has been provided for the ZheJiang metals & minerals Imp. & Exp. Dept. (see http://worlddirectory.indiaetrade.com/Sellers/z/Z1.html . See also http://lacob2btrade.org/LAOSB/NewCompanyProfile.aspx?mfg

Will the PLA's Huawei have access via Optus to 70% of the Australian Defence Department`s secret signals traffic?

On Huawei: In January 2003 Cisco Systems Inc. (CSCO ) launched a broad lawsuit that lent credence to a damning, years-old rumor: that Huawei had built parts of its business on technology stolen from the Silicon Valley networking giant. Since it was founded in 1988 by Ren Zhengfei, a former People's Liberation Army officer, many have assumed the company is secretly controlled by China's military. (http://www.businessweek.com/magazine/content/03_51/b3863078.htm) On Optus: See http://news.sbs.com.au/dateline/singtel_plays_the_spying_game_129887- but most important , the following exceprts: DES BALL, STRATEGIC & DEFENCE CENTRE, ANU: But those same mechanisms are also used to monitor everything that those Singaporeans citizens listen to, and SingTel plays a very central role in that. FRANCIS SEOW, FORMER SINGAPORE SOLICITOR-GENERAL: You will be providing SingTel and the Singapore Government not only a window of opportunity, but I think the Singapore Government will have a very

Why Should Not Berjaya Sports Toto's Licence Be Revoked?

A)In the beginning: Berjaya Sports Toto Berhad ("BToto") was incorporated in 1969 as Unilite Electrical Industries Berhad. On 17 May 1993, the Company was renamed Berjaya Sports Toto Berhad. The principal activity of the Group is the operation of Toto betting under Section 5 of the Pool Betting Act, 1967. Sports Toto was privatised in 1985 when its Chief Executive Officer, Tan Sri Dato' Seri Vincent Tan Chee Yioun, through his private company acquired 70% of the paid-up capital. (http://www.berjayagroup.com/toto.htm) B)Fast forward to 2008: Former deputy minister in the Prime Minister's Department Datuk Seri Tengku Adnan Tengku Mansor and tycoon Tan Sri Vincent Tan had direct influence in the appointment and promotion of judges.....The commission also doubted the evidence given by the two in the inquiry as they had made bare denials to penetrating questions posed by lawyers who appeared for interested parties. (NST , 16 May 2008) C)The legal basis for the revocat