Wednesday, January 12, 2011

CUSTODIAL SENTENCE is the name of the game

CUSTODIAL SENTENCE or JAIL SENTENCE is the NEW NAME OF THE SENTENCE for those who have been convicted FOR THE FOLLOWING OFFENCES:-

1) Share Market Manipulation.

2) Insider Trading

3) Artificially inflating the Revenue and Profit of the company by issuing FALSE INVOICES.

4) Illegally Taking Deposits.

Previously,the Court only FINED the guilty party. After a lot of investors criticism of the recent case where Lybrand Ngu was fined RM 1.2 Million for issuing many miliions of FALSE INVOICES, the court have decided that CUSTODIAL SENTENCE MUST BE APPLIED in order to prevent the occurrence of all the offences listed above. This is because all the offenders are MILLIONAIRES who can easily pay off the fined and fining them is not a deterence.

The first person to face the new ruling is Raja Asma who was Jailed for 5 years for iLLEGALLY Taking Deposit.

The second case for this Custodial ruling is when Philip Wong was sentence to 2 years and Francis Bun 3 months in Jail for market manipulation.

The objective of custodial sentence is

A) to be a DETERENCE so that they is no REPEATATION of the offences listed above.

B) TO HIGHLIGHT THE SERIOUSNESS of the offences.

Therefore,we hope that with custodial sentence,the offences listed above will be reduce greatly and investos especially the small time retail investors will be protected from incurring big losses.

Thursday, December 30, 2010

GREAT YEAR 2011

May I take this opportunity to wish all my relatives,friends and readers of this blog a GREAT NEW YEAR 2011.

MAY THE YEAR 2011 will be a great year for MALAYSIA where all malaysians will enjoy a year of PROSPERITY.

Wednesday, December 29, 2010

Johor Corp - Mohd Ali Hashim

One of the best run state agency in Malaysia is Johor Corporation whose executive chairman is MOhd Ali Hashim.

Under Ali, Johor Corp have expanded well with the acquisition of KFC,PIZZA HUT, QSR and Damansara Realty. Beside this,he also bulid up oil palm giant Kulim Bhd and Kumpulan Perubatan Johor (KPJ) which have Ampang Puteri and Tawakal hospitals in its stable.

All the above companies are making good profits every year especially KFC which is a CASH RICH and PROFITABLE company.

In October 2010, during a board meeting,ALI resign immediately on a 24 hour notice because he does not see eye to eye with Johor MB Ghani Othman who is the chairman of Johor Corp. Ghani contention is that Johor Corp debts of RM 6 Billion is too much but Ali contention is that Johor Corp have good assets worth RM 12 Billion to cover the debts.

In my opinion, it is not an issue if a company take on debts to acquire cash rich profitable companies like KFC especially when KULIM BHD is able to service the loan due to good oil palm prices.

The main problem is no the debts but with UMNO NOT BEING ABLE TO TOUCH THE MONEY IN JOHOR CORP AS LONG AS ALI IS AROUND.

Since the days of DR M, UMNO DOES NOT LIKE GOOD,COMPETENT and NO NONSENSE professional managers like ALI and HASSAN MERICAN who does not allow politicians from UMNO in meddling with the business affairs of Johor Corp and PETRONAS.

Therefore, the only way for UMNO to TOUCH THE CASH of KFC and PETRONAS is to REMOVE ALI and HASSAN who does not get along with PM Najib.

If you compare Johor Corp and Petronas with Khazanah Nasional,ALI and HASSAN will beat AMOKH hands down.Just look at the debts of Khazanah which borrow money to buy unprofitable companies.

That is why the country is going downwards as GOOD people are REMOVE not for business but for political reasons. Hassan is currently working for SINGAPORE SEMBAWANG.

As for ALI,WELL DONE and have a deserving peaceful life.

Happy New year to ALI,HASSAN and all my relatives and friends and MAY 2011 WILL BE A GOOD YAER FOR MALAYSIA.

Friday, December 24, 2010

MERRY CHRISTMAS to all Christian friends

I would like to take this opportunity to wish all my friends a MERRY CHRISTMAS and a HAPPY NEW YEAR 2011.

i HOPE THAT THE YEAR 2011 WILL BE A GREAT YEAR for Malaysia where Corruption is reduce and all malaysians enjoy a 2011 year of PROSPERITY.

Monday, December 20, 2010

Richest Man in Malaysia MARRIED at 74

The THIEF MINISTER of Sarawak THE WHITE HAIR MAN, MARRIED a young girl of 28 years old from Lebanon. Incidently, his deputy from the SUPP also married another young girl recently.

This events shows that both of this man is only interested in getting married to young girls instead of taking care of the welfare of the poor in Sarawak.

As the state election in Sarawak is going to be held in 2011, I hope that the people of Sarawak will wake up and vote to change the state govt and send this two old man into permanent retirement from politics. The SUPP is the same as MCA and both of this chinese parties have SOLD OUT THE CHINESE IN MALAYSIA.

In fact,this WHITE HAIR MAN is the RICHEST MAN IN MALAYSIA and it was rumours that he OWNED HALF of KUCHING. His deputy CHAN is his BUDAK SURUHAN just like Chay Kueh Teow Ling Liong Sik WHO IS THE budak suruhan to DR M.

The main reason why UMNO did not go into Sarawak is that it was rumour that this white hair man personally donated RM 400 million to UMNO under DR M. Thus,it keep UMNO out of Sarawak politics until today.

I hope that in the coming state election,the people of Sarawak will VOTE OUT the PEH MOH and CHANGE the state govt of BN and PBB who consists of KAKI RASUAH YANG BUAT KERJA TIPU.