Friday, January 23, 2009

Please explain Sime Darby...

I am shocked! I heard over the radio a few minutes ago that the Government has not given the approval for Sime Darby and Air Asia to proceed with the proposed new Low Cost Carrier Terminal to be built in Labu, Negeri Sembilan.

The statement was made by Deputy Prime Minister Datuk Seri Najib Tun Razak.

But early this month, Sime Darby, in an announcement to Bursa Malaysia said the Government has given its approval for the construction of the new LCCT.

So which is which? I am confused!

I am sure our Deputy Prime Minister wouldn't have got it wrong because he sits on the Cabinet. Decisions such as this are normally made after a lengthy deliberation in the Cabinet. Furthermore, as Finance Minister, he would have first hand information about this project.

Blogger Sime Darby Watch is asking whether Sime Darby lied to Bursa Malaysia, its shareholders, and the people of Malaysia. Read here.

My dear friend Rockybru is also puzzled. Read this.

YB Wee Choo Keong, the MP for Wangsa Maju has also joined the chorus. Read here.

If indeed Sime Darby had lied, then I agree with Sime Darby Watch that the entire Board of Directors should be given the sack. Is Sime Darby trying to show that it is more powerful than the Government?

Bursa Malaysia is duty-bound to look into this matter immediately.

I reproduce here the full Sime Darby statement to Bursa Malaysia dated 5 January 2009:

Type : Announcement
Subject : Sime Darby Berhad
Proposal to develop a private low cost carrier terminal
("Proposed LCCT Project")

Contents : We refer to Sime Darby Berhad's ("Company") announcement on 23 December 2008 on the above matter.

The Company wishes to announce that it had, today, obtained approval from the Government of Malaysia to proceed with the Proposed LCCT Project.

The Proposed LCCT Project is an integral part of the Company's development plan for its Negeri Sembilan Vision City ("NSVC"). NSVC is part of the Company's Central Vision Valley ("CVV") property development project spanning Selangor and Negeri Sembilan.

This announcement is dated 5 January 2009.

3 comments:

Anonymous said...

SC and Bursa must thoroughly check if SID had blatantly lied in its statement.

In line with so-called ehem reforms in the Judiciary, ACA and so on, who else should look after the quality of our corporate governance, if not all of us?

LensaPR said...

Pas Wilayah Persekutuan akan memulakan kempen himpunan 100 ribu membantah PPSMI dengan mengadakan ceramah khas pada 1 hb Februari 2009, Ahad, jam 9 malam, di Markas Tarbiah Pas Pusat Taman Melewar Kuala Lumpur.

Pemidato utama ialah Naib Presiden Pas, Tuan Hj Mohamad Sabu dan Prof Abdullah Hassan (UPSI).

War-warkan dan datang beramai-ramai tanda sokongan anda.

Daulatkan Bahasa Melayu.

Makluman : SABTU 7 Mac 2009 Tarikh Perhimpunan Raksasa Menentang PPSMI oleh GMP

Anonymous said...

Habis semua orang dah menyalak tak nak airport tu, kerajaan dah lah not the favourite with the people, buat airport untuk Tony pula, habis lah! Jap lagi PAS jadi kerajaan Malaysia. Aku tumpang gelak dan mencelah aja. Kesian Management SD juga kekadang depa tu puppets je, ada puppet masternya.

Kalau Najib tak kayu bawa perubahan kalau takut kami rampas Malaysia dari UMNO. Kita tungguuu dan lihat