.

MT COLUMNS And what did I tell you?

And what did I tell you?


Friday, 22 June 2012 Super Admin
E-mail Print PDF
Digg!Del.icio.us!Google!Live!Facebook!Technorati!StumbleUpon!MySpace!Yahoo! Twitter!LinkedIn! 

 

Tan Kay Hock, chairman of Johan Holdings Berhad and George Kent (M) Berhad, is Prime Minister Najib Tun Razak’s golf buddy. Tan is also a member of the Iskandar Regional Development Authority (IRDA) and owns 49.59% of George Kent. Malayan United Industries Berhad, controlled by Khoo Kay Peng, owns a 9.3% stake in George Kent and a 7% stake in Johan Holdings.

THE CORRIDORS OF POWER

Raja Petra Kamarudin

George Kent-led consortium tipped to win Ampang LRT job

(Business Times) - A consortium led by George Kent Bhd is now tipped to win the systems contract worth RM960 million for the Ampang light rail transit (LRT) line extension project.

Sources with knowledge on the matter said the winning bidder for the job is expected to be announced by the government within the next few days.

Other members of the George Kent consortium include China Railway Construction Corp and Tewet GmbH, a project management consultant firm.

George Kent was established in 1936 and is a leader in mechanical and electrical engineering. For fiscal 2011, George Kent posted a pre-tax profit of RM26.2 million on revenue of RM152.3 million.

Tenders for the systems contract for the Ampang line extension closed on June 16 2011. Eight groups had made the bids.

Business Times first reported that George Kent may win the job in July last year.

It was speculated early this year that the Posco-Sojitz-Daewoo International-Thales group was also one of front-runners to win the contract.

However, the Invensys-Balfour Beatty Rail-Ingress consortium later emerged as the odds-on favourite to win the systems contract. The contract was supposed to be awarded last month.

But Syarikat Prasarana Negara Bhd issued letters to the bidders, asking them to extend the validity of their bid to July 27, to give it more time to evaluate the proposals.

The other bidders are Colas-CMC Engineering-Thales, Samsung-LG-Thales, SNC Lavalin-WW Engineering-Bombardier, Siemens-Scomi Engineering and Ansaldo-Emrail-Leighton.

“After a detailed study on all the proposals, a decision has been made on the best candidate, said a source with knowledge of the matter.

Prasarana, a wholly-owned government company established by the Finance Ministry, had budgeted RM1.5 billion for the system works.

The budgeting was done by UK consultant Halcrow/HSSI.

********************************

George Kent to double earnings every 3 years

(The Star) - George Kent (M) Bhd plans to double its profits every three years by ramping up contributions from its water meter business and by securing jobs under the Economic Transformation Programme (ETP).

“We have a plan to double (pre-tax) profits every three years. We achieved RM32 million in our last financial year (ended Jan 31, 2011) and did RM16 million three years before that,” chairman Tan Sri Tan Kay Hock told reporters after the company AGM yesterday.

He said the company's water meter manufacturing plant here was running at full capacity and it intended to double its capacity in the next two years.

Tan Sri Tan Kay Hock at the press conference on Thursday, 7 July 2011.

“Last year, we delivered 2 million units of water meter and (water meter) housing,” said Tan, adding that he expected good demand prospects from countries that George Kent exported its products to, such as Vietnam.

The company has also commenced initial exports to Laos and has identified Cambodia, Indonesia and the Philippines as potential markets.

George Kent exports to about 20 countries presently and will be investing RM50 million to upgrade its plant.

Tan said the company was optimistic about securing jobs under the ETP.

“We're excited about the 10th Malaysia plan and want to participate under the ETP. We have put in some competitive bids. We're looking for opportunities to invest in more water-related facilities.

“Our chances (of securing tenders) are very good. We've done it before and we'll do it again. Of course, we can't win every one,” he said.

Tan also confirmed earlier reports that the company was bidding for the 17km extension of the Ampang light rail transit line, which is estimated to cost RM1.5 billion.

“We're one of the bidders. But we can't say anything. You have to wait.”

George Kent has two core businesses, namely meters, manufacturing and industrial products and infrastructure investments, water and construction.

Tan said the company had a total order book of between RM400 million and RM500 million. “We have enough work to last us two and a half years.”

********************************


And the Winner is.... Tan Sri Tan Kay Hock...!!!

(Malaysians must know the truth) - Wow, this is indeed an achievement for our PM Najib's golfing partner, the one and only Tan Sri Tan Kay Hock of George Kent (the water meter maker).

YM Raja Petra Kamarudin exposed his plot in Malaysia Today sometime in September, 2011 (READ HERE), but our great Tan Kay Hock kept smartly quiet, allowed time to lapse so that the short memory of Malaysian Rakyat would forget while he planned and schemed his way to CRBC (Chinese Road & Bridge Corporation) which like his previous horse CHEC (China Harbour Engineering Construction) is also within the Group of CCCC (China Communications Construction Co. Ltd).

You can bet your last penny that Tan Kay Hock (perhaps in collaboration with some other buddies and Daim) will not use any name of company connected to him or his family when working with CRBC for fear that his demand of RM500 million will be exposed again. Whatever vehicle is used in this contract, you can be sure that Tan Kay Hock's unseen hand is there, to grab the RM500 million (Rakyat's money); RM300 million for himself and his buddies, and RM200 mllion for Rosmah to buy that returned diamond and more luxury handbags, etc. etc.

It must be made known to all Malaysians that neither CRBC nor CHEC has track record of having constructed railroads, let alone electrified double tracking rail. Based on a Google search, these Chinese companies are good for ports, harbours, roads and bridges only. But YM Raja Petra Kamarudin in his article, has said that Najib was bent on giving the contract to CHEC for his golfing partner Tan Kay Hock, come what may. Therefore, since CHEC's plot exposed by Malaysia Today, and Tan Kay Hock could not get into the good books of CRCC (the forerunner) because they know his scandalous approach, he must have got CRBC to agree to his scheme of things.

YM Raja Petra Kamarudin had said, "In China, both the givers and the receivers of bribes will be sentenced to death with a bullet in the head plus the cost of bullet charged to the family of the deceased." In this case, we have to prove there is bribery involved first, and if proven, only the Chinese givers will face the firing squad, while they cannot touch our receiver (or his nominees) in Malaysia. We therefore cannot stop what our Najib wants to do for his buddy, and who cares if some Chinese givers get shot in the head? That's not our concern.

Behind every cloud however, there is always a silver lining, and we the Malaysian Rakyat will have to pray hard for that silver lining to appear during the coming GE13. When and if that happens, we can review the contract in details, checking every minute payment and commitment. The new Lords of Putrajaya will take all necessary actions to put these culprits behind bars, and cancel the contract (like what Pak Lah did to Mahathir's pet project), and to reopen negotiations with the new President of China, Xi Jinping.

Malaysia's name stinks in the global market where Government or semi-government projects are concerned. We have to stop this curse by promoting and assisting The March to Putrajaya.

 


 

Language Translation

subscribe to Malaysia Today news

RosseberryShop.com

MT Cartoon

NO HOLDS BARRED

And then came CHINRAF

News image

The absence of Chinese representatives in the Cabinet should it happen will not pose major problems to the government or Chinese community, an academician said today. Selangor DAP chief T...

Tan Sri Wong Foon Meng (UPDATED with Chinese Translation)

News image

Can you see that long before the 2008/2013 Tsunami, the Malays and Chinese of Kuala Terengganu already set aside their racial/political differences and supported the candidate rather than the r...

Shaping the mind of the Malay

News image

You can see the Malay swing in 1946. Then they swung back and took another swing in 1959. Then they swung back and took another swing in 1969. Then t...

Zahid Hamidi should be asked to resign (UPDATED with Chinese Translation)

News image

So, yes, we too in the UK were not happy with the system. And we ‘sold out’ the ruling party and ‘toppled’ the government because we were not happy w...

Is beer halal or haram? (UPDATED with Chinese Translation)

News image

Now, what I do not understand is: why emphasise ‘on a Chinese woman’? The Chinese scream that they are not racists. Yet they send me this very racist e-mail. T...

Should I leave Islam if I am not happy?

News image

Okay, I am also not happy with some Muslims, even some Muftis for that matter. I think they are very intolerant, unreasonable and narrow-minded. What are you going to n...

Citizenship, Bahasa, the Constitution, and the Police Force

News image

The IGP, Ismail Omar, will be retiring tomorrow. Do you know that many senior police officers do not think highly of him? That is because he is considered too l...

The wheat from the chaff

News image

Now, just like many of you, I was ecstatic in March 2008 when Pakatan Rakyat won five states and managed to deny Barisan Nasional its two-thirds majority in Parliament b...

Racism (UPDATED with Chinese Translation)

News image

Racism is usually defined as views, practices and actions reflecting the belief that humanity is divided into distinct biological groups called races and that members of a certain race s...

Another well laid trap, maybe?

News image

But since March 2008 many of you have become very arrogant. You no longer care about what you say. And you no longer care whether anyone gets hurt by w...

So what is it then?

News image

In the run-up to the 13th General Election, the Chinese were boldly and proudly screaming that this time around the Chinese are going to unite and vote against Barisan N...

Understanding the “first past the post” voting system

News image

Professor John Curtice, of Strathclyde University, said: “The Lib Dem vote is more concentrated than it was, because they have targeted certain seats. But it is still more evenly d...

GE13 and the 13 predictions that came true (UPDATED with Chinese Translation)

News image

Many are waiting for my ‘I told you so’ article. No, I am not...

What it all boils down to (UPDATED with Chinese Translation)

News image

Now, if I were to bet RM100,000 on Pakatan Rakyat winning more than 100 seats, I might most likely win RM100,000. However, if I were to bet R...

Fallacies are not truths (UPDATED with Chinese Translation)

News image

However, I have monitored the news reports from both the mainstream media and alternative media over the last week since Nomination Day and what are the issues they are t...

Now do you understand? (UPDATED with Chinese Translation)

News image

Say Pakatan Rakyat does win the general election in two weeks time. How many of those pro-Umno or pro-Barisan Nasional people will remain pro-Umno or pro-Barisan Nasional? Would they n...

When we have to lick back our spit

News image

Can we Malaysians ever play the game with sportsmanship? Can we ever fight using Queensberry rules? Unfortunately when we Malaysians play or fight there are no rules or sportsmanship. E...

The NATO Syndrome (UPDATED with Chinese Translation)

News image

And how many of you signed the petition asking for Dr Wan Azizah to be given a seat to contest the coming general election? Do you know and do y...

THE CORRIDORS OF POWER

It’s all about strategy

News image

Then came the 2008 general election and the impressive results gave everyone a lot of hope. So everything that was said earlier was now forgotten. But what they forgot is ...

The day ‘they’ sold out Sarawak (UPDATED with Chinese Translation)

News image

The Chinese who kept Taib in power were rewarded for their support and all the transgressions, abuse of power and corruption that is being perpetuated by Taib and his family, ...

The rats leaving the sinking ship

News image

So they are now embarking on an asset-stripping exercise. Chua Soi Lek, Tan Chai Ho, Vincent Lee Fook Long, Kat Swee Sang, and a few other MCA taikos are shifting ...

In the aftermath of May 5th (part 13) (UPDATED with Chinese Translation)

News image

While Barisan Nasional was confident it is guaranteed no less than 130 parliamentary seats -- with 145 as an achievable target -- Pakatan Rakyat, in turn, was equally confident it ...

In the aftermath of May 5th (part 12) (UPDATED with Chinese Translation)

News image

If I were to hazard a guess I would say that Khairy is the man to watch. He is going to be the ‘face’ of the reformed Umno who will ...

In the aftermath of May 5th (part 11) (UPDATED with Chinese Translation)

News image

They recently did a poll in Pakistan and 11% voted in favour of a democracy, 22% in favour of military rule, and 53% in favour of the Khalifah system. The ...

In the aftermath of May 5th (part 10) (UPDATED with Chinese Translation)

News image

Out of the 89 parliamentary seats that Pakatan Rakyat won, 53 are non-Malay/Muslim seats while only 36 can be said to be Malay/Muslim-majority seats. Umno, however, won 88 seats just ...

In the aftermath of May 5th (part 9) (UPDATED with Chinese Translation)

News image

You may argue that the Chinese voters have rejected the Chinese from Barisan Nasional and hence the Chinese should not be in the government. But if the Sultan ...

In the aftermath of May 5th (part 8) (UPDATED with Chinese Translation)

News image

Hence the percentage in votes has never matched the percentage in seats. This has always been the case since Merdeka and is called gerrymandering, perfectly legal all over the world ...

In the aftermath of May 5th (part 7) (UPDATED with Chinese Translation)

News image

The problem is not so much what to do with Najib. If Najib were to be ousted, just like Pak Lah was soon after the 2008 general election, then Deputy ...

In the aftermath of May 5th (part 6) (UPDATED with Chinese Translation)

News image

We once found a few names registered at a cemetery (now that is what I would call real phantom voters). In fact, Azmin Ali’s dead father was still a registered ...

In the aftermath of May 5th (part 5) (UPDATED with Chinese Translation)

News image

And that would mean Umno’s days are numbered when more Malays move away from Umno and swing over to PAS and PKR in the spirit of Pakatan Rakyat. And this ...

In the aftermath of May 5th (part 4)

News image

Anwar’s knee-jerk reaction when the results were announced on Sunday night was that Pakatan Rakyat won 51% of the votes so this means Pakatan Rakyat won the election. In 1933, ...

In the aftermath of May 5th (part 3) (UPDATED with Chinese Translation)

News image

What Najib did not suspect was that some other Barisan Nasional leaders from Sabah and Sarawak wanted to follow Lajim Ukin and Wilfred Bumburing when they crossed over. However, Anwar ...

In the aftermath of May 5th (part 2) (UPDATED with Chinese Translation)

News image

Umno has still not recovered from this shock and even Tun Dr Mahathir Mohamad is pissed big time. He is blaming Najib for wasting his time and the government’s resources ...

In the aftermath of May 5th (part 1) (UPDATED with Chinese Translation)

News image

Once the election results are officially gazetted, Pakatan Rakyat should immediately file Election Petitions in court. In the meantime they should gather the evidence in preparation. Umno and Barisan Nasional ...

The expected happened

News image

Now do you understand the reason behind all this talk regarding the Chinese Tsunami? You may hate Umno but you have to take your hat off to them ...

Have you heard of Catch 22?

News image

The problem is we are in a Catch 22 situation. We need a two-thirds majority in Parliament to be able to change the system. But the system will ...

Towards the 14th General Election (UPDATED with Chinese Translation)

News image

Would PAS agree to separate religion from politics when religion is what puts them in power? Would Umno, MCA or MIC agree to separate race from politics when race is ...

The horse-trading in 2004

News image

I have been saying for years that Umno does not need to win 50% of the votes to win 50% of the seats. In 1969, the Alliance Party of Umno, ...



This Site is AnswerTips enabled. Just double click on any word on this site to get a quick reference.
You are here: Home MT COLUMNS And what did I tell you?

Latest Posts - Malaysia Today

Popular Posts - Malaysia Today