Saturday, November 28, 2009

BTN defended by Muhyddin Hussein....OMG

Read this and you will know why BTN is run by a group of asshole and defended by a big asshole!!!!!!

If this country continues run by a group of little Napoleon, I am not surprised 2012 will be knocking on our door soon.... 

‘BTN taught me the Chinese are the Jews of Asia’

Muhyiddin has defended the BTN courses. — File pic
By Asrul Hadi Abdullah Sani
KUALA LUMPUR, Nov 27 — I am one of the privileged few to have attended a local public university and learned the meaning of hate, thanks to the ever popular Biro Tata Negara.
All undergraduates were forced to attend this programme or else they would not be eligible for graduation.
The BTN under the Prime Minister’s Department brought in “intellectual” speakers who were supposed to enlighten the students about the meaning of being a Malaysian but instead it felt more like a communist propaganda camp brainwashing those attending about the importance of “Ketuanan Melayu”.
The camp would usually take place during the weekends. Students would have to register early in the morning and the programme would last the whole day.
The organisers were always on their guard, asking participants to show their student identification cards each time they entered the hall, fearing the presence of outsiders.
In the hall, students were asked to turn off their mobile phones.
During the lectures, questions were planted among the audience and the students were advised not to ask any other questions.
One speaker began with the history of Malaysia and how much the country had gone through, always emphasising the May 13 riots.
He stressed the point of how much the Malays had sacrificed and how the community should be united especially from outside threat — the Chinese community.
He said that the Chinese community were “the Jews of Asia” and were just itching to take over when Malays were disunited and broken.
The speaker also revealed a greater Chinese conspiracy where the Chinese Malaysians were working together with Singapore to topple the Malay government.
“Do you want to become like the Malays in Singapore?” he asked.
He also went so far as to criticise Malay girls for dating boys from other races.
He added that they should not be cheap and embarrass their families.
Once, a student told the speaker that as Muslims, we should also respect other races who are also Muslims.
“All Muslims are Malays so it does not matter if they are Chinese or Indians. If they are Muslims then they are Malays,” the speaker replied.
This is why I was relieved when I learned that the Selangor government had moved to ban its civil servants, employees of state subsidiaries and students at state-owned education institutions from attending any BTN courses with immediate effect.
However I believe racism in varsities does not end at BTN because classrooms have also become victims of ignorant scholars.
My friend was verbally abused during his sociology class when he did not agree with the points made by his lecturer.
“You must be DKK,” the lecturer told him.
“What is DKK?” he asked.
“You must be darah keturunan keling (descendents of Indians),” the lecturer said, pointing to his dark skin.
My Saudi friend was also shocked by the comments made by his lecturer in his Islamic civilisation class.
“We should save our Orang Asli from the Chinese people. They are like the Palestinians and the Chinese are Israel. We must fight the Jews,” the lecturer told his students.
The lecturer even failed one of his students in his oral exam when he quoted a Western scholar in his presentation.
“You should be ashamed of yourselves. You are a Muslim and should only use Islamic scholars,” he scolded the student.
I was personally saddened when my Islamic law lecturer compared Christianity to Head & Shoulder’s 3 in 1 shampoo in referring to the religion’s Holy Trinity.
I feel that racism has been institutionalised in our country and that BTN is only the tip of the iceberg.
Deputy Prime Minister Tan Sri Muhyiddin Yassin defended BTN yesterday and claimed that it was not racist but is line with the 1 Malaysia concept.
I have to humbly disagree and would like to suggest maybe the ministers should bring their overseas children home and let them have a taste of what BTN is.

Wednesday, November 18, 2009

Maxis’s Dominance in Malaysia’s Phone Market May Limit Stock

By Soraya Permatasari and Chan Tien Hin

Nov. 18 (Bloomberg) -- Maxis Bhd., Malaysia’s largest mobile-phone operator, may climb in its trading debut tomorrow after institutional investors bid for 3.7 times more stock than was offered in the $3.3 billion share sale. The lack of growth prospects may limit further gains.
“There is some pent up demand coming from local fund managers that will definitely push up the price at the opening bell,” said Pankaj Kumar, who manages 1.9 billion ringgit of assets as chief investment officer at Kurnia Insurans (Malaysia) Bhd. He expects the shares to rise to as high as 5.30 ringgit when the market opens tomorrow.
Maxis, controlled by 71 year-old billionaire Ananda Krishnan, joins China Minsheng Banking Corp. and Sands China Ltd. in raising at least $12.7 billion from Asia’s equity markets, aided by the steepest stock rally in six years. The company is only listing its domestic operations and the number of mobile- phone subscriptions exceeds the nation’s population by about 4 percent, according to the latest estimates on the Malaysian Communications and Multimedia Commission’s Web site.
“Given that the market is already saturated, growth will be lackluster, which is normal for a telco in a matured market,” said Johan Tazrin Ngo, managing director of Amara Investment Management Sdn. “You would not buy Maxis for growth.”
Share Price
The company priced the stock at 4.75 ringgit apiece for individual investors and 5 ringgit a share for institutional investors, raising 11.2 billion ringgit ($3.3 billion) for its parent Maxis Communications Bhd., which will use the money to expand operations in India and Indonesia. Malaysia’s stock exchange said yesterday it set the reference price for trading of Maxis shares at 5 ringgit.
With an estimated market capitalization of more than $11 billion, Maxis will become the third-biggest phone company in Southeast Asia, ranking it behind Singapore Telecommunications Ltd. and PT Telekomunikasi Indonesia, according to Bloomberg data.
“You need to have it in your pocket because it’s such a big stock” that will be included in the MSCI indexes, said Lye Thim Loong, who helps manage $500 million of assets at Avenue Invest Bhd. in Kuala Lumpur.
The MSCI indexes are widely used by fund managers worldwide as a benchmark to gauge the performance of their investments. Changes to the MSCI indexes can spur investors to buy a stock if it’s included, or sell stocks that are reduced in weighting.
Maxis plans to pay out 75 percent of its annual profit in dividends, according to its prospectus last month. On Oct. 28, smaller rival Digi.Com said it will raise its dividend payout ratio to 80 percent next year from 75 percent this year.
Maxis is “attractive” because it could be paying dividends of as high as 50 sen a share, implying a yield of 10 percent, according to Amara’s Ngo. That would be the highest among its Asian peers, Bloomberg data show.
Starhub Ltd. in Singapore offers a dividend yield of about 9 percent, according to data compiled by Bloomberg. The yield for MobileOne Ltd. is about 7.4 percent, the data show, while Digi offers a dividend yield of about 7.3 percent.
“Investors buy stocks for either growth, dividends or both,” said Ngo. “In Maxis’s case, it can only be dividends.”
Maxis is fairly priced at 5.30 ringgit to 5.80 ringgit a share, according to Jeffrey Tan, an analyst at OSK Research Sdn. in a report on Oct. 29. That values the stock at least 12 percent more than the 4.75 ringgit a share paid by individual investors and 6 percent more than the 5 ringgit apiece paid by institutional investors.
Yvonne Choo, an analyst at PM Securities Sdn. values the stock at 5.26 ringgit a share, rating it a “buy.” ECM Libra Sdn. values Maxis at 6.10 ringgit a share.
Southeast Asia
The IPO is the biggest in Southeast Asia, according to CIMB. It is also more than double the amount Petronas Gas Bhd., the state-controlled natural gas company, raised in 1995.
Maxis controls about 40 percent of Malaysia’s mobile-phone market, making it the biggest wireless operator in the country, followed by Celcom Malaysia Bhd. and Digi.
Maxis Communications, which was taken private by Krishnan in a 16 billion ringgit buyout deal in 2007, decided to float its domestic unit after Prime Minister Najib Razak encouraged it to re-list to attract more investors to Malaysia.
Krishnan is Malaysia’s second-richest person, with wealth estimated at $7 billion, according to Forbes magazine. The billionaire also owns Astro All Asia Networks Plc, Malaysia’s biggest pay-television operator, and has stakes in real-estate, marine transport and oil and gas companies.

Tuesday, November 17, 2009

More Update on Maxis ......

OSK IB rejects 1.5m Maxis shares allocation

Written by Yong Yen Nie   
Tuesday, 17 November 2009 11:49

KUALA LUMPUR: OSK Investment Bank Bhd (OSK IB) has rejected the entire allocation of 1.5 million initial public offering (IPO) shares in the soon-to-be listed telecommunications company Maxis Bhd given that it was too small and “simply not meaningful”, according to documents obtained by The Edge Financial Daily.

It is believed that OSK IB had declined to take up its allocated size last week after its appeal to the joint bookrunners for a larger allocation of Maxis shares was rejected as there were no extra shares available.

“As an investment bank, OSK cannot discuss the above matter based on Bafia (Banking & Financial Institutions Act) guidelines,” OSK IB said in an email reply when contacted by The Edge Financial Daily for its response.

The investment bank’s decision had emerged amid news reports that several institutional investors, which included funds, were not satisfied with the small allocation of Maxis shares they were getting for their clients.

OSK IB is believed to have told its dealers that the size of the allocation would result in a very small number of shares being allocated to each of its clients that had submitted their subscriptions through the investment bank and was “simply not meaningful” measured against the transaction cost.

It is also learnt that the allocated size would also result in some of its clients getting odd lots, and OSK IB will refund the deposit paid by clients beginning last Thursday.

At Maxis’ offer price for institutional investors of RM5, OSK IB’s allocated consideration would have amounted to a total of RM7.58 million, including brokerage fees.

TA Investment Management Bhd chief investment officer Choo Swee Kee had told The Edge Financial Daily last week that its fund was allocated only 5% of the number of shares they asked for.

The quantum of Maxis shares allocation that OSK IB had asked for is not known.

Based on Maxis’ prospectus, the number of shares allocated to institutional investors stood at 2.04 billion shares, out of which 626.08 million shares were earmarked for cornerstone investors such as Employees Provident Fund, Permodalan Nasional Bhd, Kumpulan Wang Persaraan (KWAP) and Fidelity Funds-Malaysia Fund.

It is believed that OSK IB was told that the six joint bookrunners had to make a collective decision on the share allocation to achieve an optimal blend of foreign and local institutional investors, given that the deal had drawn high interest from global funds, including those that had dropped Malaysia off their portfolio previously.

Industry sources said it was unlikely for Maxis to enlarge the share allocation to OSK IB, as the Maxis listing date approaches on Nov 19. “They will have to go through the regulators if they want to change the share allocation, which is not feasible to do at this point of time,” a source said.

They said OSK IB was also not expected to acquire Maxis shares via the open market post listing, unless the price of the counter fell below RM5.

News reports of several local investment funds and brokers being unhappy over the small share allocation in Maxis they received had been circulating since last week.

Kenanga Investment Bank Bhd senior director equities James Lau had reportedly said his clients were disappointed at only receiving a small allocation, without revealing the share allocation it received.

Lau also reportedly said he had hoped for greater transparency in the share allocation process so that investors “don’t feel overtly disappointed by the small allocation”.

Interestingly, OSK-UOB Investment Unit Trust Management Bhd chief investment officer Jason Chong was reportedly “happy” with the amount of shares it was allocated. OSK-UOB is a joint venture between OSK Group and UOB Group.

Maxis had said its institutional share offering, which did not include shares allocated for cornerstone investors and bumiputera investors approved by the Ministry of International Trade and Industries (Miti), was oversubscribed by 3.7 times.

The final shares offered through the bookbuilding exercise under the institutional offering would raise RM5.3 billion, of which over US$800 million (RM2.69 billion) would be from foreign institutional investors, Maxis said.

Maxis’ IPO raised RM11.2 billion, making it the largest IPO in Southeast Asia and the biggest telecommunications IPO in Asia- Pacific. Upon its listing on Thursday, it would become Bursa Malaysia’s fourth largest company based on closing prices of stocks listed on the local bourse as at Nov 9, 2009.

Corrupt Corrupt Corrupt...... Malaysia is 56 now in the corruption perception index....

Alarming position for Malaysia now...What say you Najib?

KUALA LUMPUR: Malaysia dropped 9 places to 56th position out of 180 countries surveyed in the Transparency International's Corruption Perceptions Index (CPI) 2009, the anti-corruption watchdog announced on Tuesday, Nov 17.

Malaysia's decline from 47th spot in 2008 is the steepest among the Asean countries in the ranking this year, although it fares better than all member countries except Singapore (3rd) and Brunei (39th).

In the latest survey, Malaysia scored 4.5 points out of 10, where 0 means highly corrupt, and 10 is the best possible score.

"A fall of 0.6 from 5.1 in 2008 to 4.5 in 2009 is alarming not only to the people of Malaysia but also the government of the day," said Transparency International Malaysia president Datuk Paul Low at a press conference here to announce the survey results.

He attributed Malaysia's poorer showing to the perception that there had been little progress in combating corruption and that political will was lacking in implementing effective anti-corruption measures.

"There are several examples in the survey period giving rise to grave concern," said Low. "They include no action being taken against parties implicated in tampering in the appointment of judges, the Port Klang Free Zone fiasco, where the cost rose from an estimated RM1.1 billion to RM4.7 billion and a possible RM12.5 billion, and political crossovers particularly in Perak."

New Zealand ranked No.1 in the CPI 2009 with a score of 9.4, followed by Denmark (9.3), and Singapore and Sweden in joint 3rd and 4th place with 9.2. In fifth spot was Switzerland (9.0).

Luckily Badrul Hisham get out of Pakatan Rakyat

Thanks God that Badrul Hisham has left Pakatan Rakyat.....this "Duli dalam daging " is the pain in the ass.....

Let him become friendly to BN, the more the merrier.....ha ha ...

He does not  even know protocol of the state assembly.....I really want to pengsan......

This is the best part reported by The MalaysianInsider.....
"While asking a supplementary question, Badrul was ticked off by deputy Speaker Haniza Mohamed Talha, also from PKR, for not knowing House protocol by addressing Haniza by name instead of her constituency."
"He was then taken to task by Rodziah for asking that Port Klang receive priority for broadband services because it is a major contributor to the state’s economy.

“It’s surprising, that finally after 20 months you are speaking up for Port Klang and making this request,” said Rodziah, adding she would not answer the question because it was not related to his original question.

Monday, November 16, 2009

More Update on Maxis.......

For those who have applied for Maxis IPO but have not received the news yet, China Press's article's below will give you some clue.......Good Luck!!!!!!

(吉隆坡16日訊)達令股(Darling Stock)明訊(Maxis)本週四(19日)將粉墨登場,惟多數成功申請者仍未接獲書面通知,心情忐忑不知下步該如何。

Friday, November 13, 2009

Made in Malaysia — Tay Tian Yan


NOV 13 — The following are true stories:
• A Malaysian politician had heart surgery in Singapore.
The operation was successful. During his recuperation, the politician wanted to thank his three skilful doctors, including an anaesthesiologist.
He said: “Thanks to Singaporean doctors...”
“I'm sorry, sir. I'm from Malaysia,” interrupted one doctor.
“Me too.”
“Me as well.”
• When a Malaysian company wanted to develop a new township abroad, it entrusted the project to a Singapore multinational company.
The first time when they met, the Singapore company sent a team of seven people, including the chief executive officer, chief architect and chief financial officer.
The meeting went smoothly. They relaxed and chatted.
The Malaysian company's director said: “Durians from my hometown Kuala Pilah, Seremban taste the best. I'll treat you all next time when you come.”
“Really? What area in Kuala Pilah? I'm from Kuala Pilah, too!” said the Singapore company's chief executive officer.
Next, one by one, the other six from the Singapore team revealed their identities.
“I'm from Malacca.”
“I'm from Kuala Kangsar, Perak.”
“I grew up in Segamat.”
“My hometown is...”
And all of them were actually “made in Malaysia”.
There are countless similar stories around us.
And there is always another story behind each story.
Some were rejected by domestic universities while some were rejected by the government scholarship.
They couldn't get it even with 10 As while others got only 10 Bs. As leaving might be better than staying, they just went to a different world after crossing the Causeway.
There is a deep feeling for every story.
According to Malaysian Employers Federation (MEF) statistics, about 785,000 Malaysians are currently working abroad and 44 per cent of them are working in Singapore while the rest are working in other countries, including Hong Kong, China, Australia, Britain and the United States.
And two-thirds of them are professionals.
At the same time, most of the two million guest workers in Malaysia are from Indonesia, Bangladesh, Myanmar, India and Vietnam.
They are engaged in work which does not require a high educational background but just a little bit of brains. Low skill, low knowledge and, of course, low wages.
Malaysia has become a country that exports brains while importing labourers, resulting in a serious deficit in the knowledge trade.
The government started to lure our talent abroad in 2000 by offering a variety of incentives, including tax concessions and other conditions.
It has been nearly 10 years but only 770 people responded, with an average of 80 talents returning a year. The 770 are just a small number of the total number of people working abroad.
However, many of this small group of people still choose to leave again.
While many young people are not able to realise their dreams here and thus, they are packing and preparing to pursue their dreams in unfamiliar countries.
And they said that Malaysia wants to become a high-income country. —

Thursday, November 12, 2009

One Malaysia ....My Foot Part 2!!!!!!!!!!

MB Selangor 

Shocking disclosure by Selangor MB  Tan Sri Khalid!!!!!!!!!!!!!!!

According to Malaysiakini report,  Tan Sr Khalid has mentioned today in the Selangor state assembly meeting that Selangor neitezen has paid RM16 billion tax last year to federal government. However, the Selangor state has been allocated RM400 million by the federal government.  50% of the RM400 million has been allocated for road repair and the remaining RM200 million was capitation grant.

If one divide RM200 Million with 5 million Selangor's population, each of us only get RM40.........

What can you do with RM40 ?

I totally agree with Tan Sri Khalid that this is a "sedekah" from our beloved government!!!!!!!

What say you Najib?

Read the full news below if you understand mandarin....

Wednesday, November 11, 2009

Maxis Shares Allocation ...Have you got it?

For those who have applied Maxis IPO, please read the announcement below.......$FILE/PressRelease.pdf

If you are bumiputra and you have applied for the IPO, please do not bother to read the announcement as you will be 100% sure alloted the shares....unless you are so bad luck that you have filled the form wrongly....

For Non Bumi, good luck to you......  hard to get unless you have applied for big lot  i.e more than 10,000 shares, then your chances are 50%......

Do you still believe in "One Malaysia"? Personally, I don't.....

For those who want to buy the shares from open market, please read Dali's article below before you make a next move....

Wednesday, November 11, 2009

Mutterings On Maxis

I tried to evade the question on Maxis, but everyone seems to be keen to find out more on Maxis. During the talk, the Maxis thing came up during Q&A time. Short answer, it will go up, possibly hold above RM6.00-6.50 for the medium term but could stay locked in that range for a long time.

a) Owners are selling 30%, no new shares issued, money going to the pockets of owners. Not necessarily a bad thing, but it goes to show that not much of reinvestment is planned. Not much reinvestment means "not much growth and excitement, and a lot less risk" - but what is Maxis if you are not buying their expertise in running telco operations, why are you paying for people who are turning into just gatekeepers, just maintaining the operations. Getting to be another dividend stock?
 b) Malaysian telcos are trading at a steep premium to their regional peers. Some fund managers have said they will most likely own a smaller portion of Maxis shares in their portfolios than the stock’s actual weightage in the benchmark FTSE Bursa Malaysia KLCI. Maxis above RM6.00 is already very pricey. However, it is likely to stay above that because the local institutions will be picking up more shares and the cornerstone institutional investors (with the exception of Fidelity) will not be selling as they "need to have sufficient exposure to a critical component of the index - as explained during my talk). So, who will be selling??? .... well, if it goes beyond RM6.50, I think even Ananda and the Saudi owners will sell in the open market.

c) Maxis is this company is a different animal now compared to seven years ago. The market is already saturated with very little room for growth regardless whether in the postpaid, prepaid or wireless broadband segment. So, no growth story, the bulk of the growth trend has been in the past, now its jockeying for market share, and usually that is largely churning and will only result in a lot of work for their respective marketing folks but the revenue will come with very thin margins. Hence, Maxis’ latest sexy offering is of course the exclusive partnership with Apple Inc.’s is a good thing but will need keep getting hits out of the park to really dent the competition.

d) The reason why I am loathed to write about Maxis is that the company made its money from the Malaysian public, and we all have had to endure a lot of "cumbersome technical glitches, capacity issues, dropped calls, etc..." When the going was good, they took it private but obviously knowing that there is likely to be an even better offer to sell Maxis to somebody else, not nice, smart biz but poor form. Now, I don't know for what reason, they choose to relist a likely "dividend counter", with such a pathetic offering to the public. Did Maxis forget who the fuck gave them the revenue and critical mass in the first place. Yes, the Maxis dealers got some, and a very limited number preferred customers did get something... what about the rest, the company was built by selling solely to Malaysians. There was no acknowledgment of that from the offering. The entire offering was passed to institutions and basically Maxis want loyal Malaysians to buy the shares from the institutions in the open market - hey, thanks!

Tuesday, November 10, 2009

1 foot!!!!!!!

Marina Undau, I thought you're...?
Her name is Marina Undau, living in Seri Aman in the interior of Sarawak. Her father is an Iban.
The 17-year-old girl has never had the slightest doubt of her own identity. She is an Iban, who in everyone's perception is a bumiputra from Sarawak.
She scored 9 A's and 1 B in her SPM, a performance which could not be claimed as the best by national standards, but in the interior of East Malaysia, where education resources are scarce, such results should be more than enough to make her family proud.
Under the country's help-the-underprivileged policy, Marina should be entitled to some special care. She should be more eligible than other bumi students in resource-rich West Malaysia to be sent overseas.
But she has been denied the opportunity.
She is a humble young girl with only a simple wish of getting into Matrikulasi at one of the local universities so that she could proceed to a university one year later.
Given her outstanding academic performances, such a humble wish should easily be fulfilled.
But her application has been rejected.
The reason: She is not a bumiputra!
When the education ministry scanned through her background, it was found that Marina had a Chinese mother, a fact that has resulted in her ineligibility for Matrikulai as a bumi student.
Her father made a few appeals, but they were all turned down.
"We've said you are not. So you're not. We're just doing things according to rules!"
Marina was utterly dejected. Even as she is an Iban, her blood is not pure enough, and that explains why she gets shut out from Matrikulasi.
She doesn't understand the country's racial policy, nor does she have any clue of the bureaucracy in West Malaysia.
She doesn't even understand why she has been made a victim under the country's freak racial policy.
Can anyone tell her why a bumiputra policy that is supposed to help the underprivileged is not able to offer a hand to an Iban-Chinese girl living under very tough conditions yet working very hard to change her own destiny?
Isn't she a member of the underprivileged group who really needs and deserves some assistance from the government?
If this help-the-poor policy fails to offer a hand to someone really in need of it, what is such a policy good for then?
Or perhaps, when the case is eventually brought to the attention of those in power, she may get a little relief from them.
To those politicians, showing a little kindness will not cost them a thing. Instead, they may gain the reputation of being generous and open-minded in turn.
Isn't it that many disputes get "solved" this way?
That said, the problem lies very much with the existing narrow-minded and corrupt system, which continues to drain the country of its precious resources, smothers its brightest talents, and keeps exhausting its equitable and just value system.
Which perhaps also keeps dividing this beloved nation of ours. (By TAY TIAN YAN/Translated by DOMINIC LOH/Sin Chew Daily)

Saturday, November 7, 2009

Nizar !!!!!!Inilah baru Betul!!!!!!! Good Start for Self Regulation Beer Sales in Selangor

I salute the self regulation policy proposed by Tan Sri Khalid for beer sales in Selangor . He is a real Menteri Besar for all......Hopefully Datuk Hassan Ali will not come and kacau again....phew phew!!!!!!

We Selangor people are a bunch discipline people, politician should not teach us what to do , we know what is good and bad!!!!!!!

Oh No !!!!!!!! another flip-flop policies from government!!!!!!!!!!

Again and again, our government has shown that they never think properly when they want to come out with one policy, siok siok just tukar........Now all of us are also eagerly waiting whether there will be another flip flop change in RM50.00 credit card tax policy......

Thinking ahead, what if rakyat also want to siok siok change government????!!!!!!

Govt scraps end-of-life policy for vehicles

KUALA LUMPUR: The Govern-ment has agreed to pull back the introduction of an end-of-life policy for vehicles, after taking into account the people’s views and feedback.
Since the announcement of the plan, the Government has received many complaints from the people who were generally not agreeable to the mandatory annual comprehensive inspection as a requirement for road tax renewal for vehicles aged 15 years or older, a statement from the International Trade and Industry Ministry said yesterday.
On Oct 28, the ministry an­­nounced the new National Auto­motive Policy, which included the vehicle end-of-life policy, reports Bernama.
Meanwhile, International Trade and Industry Minister Datuk Mustapa Mohamed said the Cabinet had decided to withdraw the policy after getting negative feedback from the public.
“The public, especially those living in rural areas, found this new policy a burden to them,’’ he said.

Friday, November 6, 2009

Now I only Know that our PM's wife is very honest!!!!!!!!!!

But I just do not understand why
can't she did it quietly!!!!!

Samaritan Rosmah passes her Arab reward to

PUTRAJAYA, Nov 6 (Bernama) -- The discovery of a
precious box belonging to Saudi Prince
Saud Al-Saud in a cruise boat carrying the
Malaysian prime minister and his family while on
holiday in the south of France
in August has brought good fortune to those
in need in Malaysia.
The prime minister's wife Datin Seri Rosmah Mansor
said feeling grateful with the find and the box
safely returned to him, the prince wanted to reward
 her but she instead asked that the "reward"
be given to Malaysians for their well-being.

"We had holidayed in the south of France on the
 invitation of  a Kuwait prince who is a good
 friend of my son Riza Shahriz. While packing at
the end of our cruise, I noticed the box
and gave it to the boat manager.

"I asked him to return the box safely to its
owner (Prince Saud)," she told reporters after
handing over contributions amounting  to
US$2 million (RM7 million)to 13 organisations,
here, on Friday.

Rosmah said two weeks after that, the prince
thanked her for returning the box which was
accidently left  behind while cruising  on
the same boat earlier.

"The prince wanted to reward me but I told him that
the best reward would be for the well-being of
Malaysians in need.

"He agreed to give US$1 million and I told him
about the Pertama Smart School programme which
needed a lot of funds for equipment and
other needs.
I later received news that he had agreed
to give another RM1 million," she recalled.

Rosmah said she discussed the matter with Prime
Minister Datuk Seri Najib Razak after receiving
 the cheque from Prince Saud and he (Najib) asked
 her to immediately make  arrangements for the
money to be distributed to
those in need.

"I also asked an officer from the Prime Minister's
 Department to go the Malaysian Anti-Corruption
 Commission to ascertain  that the contribution
was "clean" so that it would not become
 an issue or misconstrued.

Asked about her feelings on being able to contribute
 to the people through an act of honesty, she said
she was simply delighted to be able to respond to
 Najib's  call of "people first".

Among the 13 organisations which received a contribution
of RM20,000 each today, courtesy of Prince Saud, were the
 Ex-Servicemen's Association, Girl Guides Association
of Malaysia, Malaysian AIDS Council, Yayasan Harapan
Kanak-Kanak Malaysia, Disabled Association of Malaysia,
 and the Association of Wives of Barisan Nasional
 Elected Representatives in each state.

Rosmah said US$1 million (RM3.5 juta) would be handed over
 to Universiti Kebangsaan Malaysia to carry out the
Permata  Smart School programme, while RM2.98 million
would be kept in a Bakti special fund to help finance
medical treatment for needy women and children with
chronic diseases.