Jul 222010
 

The Sarawak Report has issued an apology and correction.

Apparently, the website had incorrectly reported the monthly income of Sarawak Chief Minister Taib Mahmud. See here.

The folks at Oxford University are obviously nonplussed by the Sarawak Report (if they have read it). They have honoured Taib by inviting him as a special speaker at a major event. Continue reading »

Jul 052010
 

These are the substantial shareholders of Cahya Mata Sarawak Bhd, according to the firm’s 2009 Annual Report.

The analysis as at 22 March 2010:

Substantial Shareholders as per Register of Substantial Shareholders, excluding nominee companies
Name of Substantial Shareholders – Direct – Indirect – % of Issued

1. Datin Hanifah Hajar Taib (daughter) (Direct) 705,000 (Indirect) 44,925,102  – 13.85%
2. Datuk Syed Ahmad Alwee Alsree (son-in-law) – (Indirect) 45,630,102  13.85%
3. Majaharta Sdn. Bhd. (family concern) (Direct) 44,925,102 – 13.64%
4. Jamilah Hamidah Taib (daughter) (Indirect) 44,925,102 1 – 13.64%
5. Lejla Taib (late wife) (Direct) 37,000,000 – 11.23%
6. YB Dato Sri Sulaiman Abdul Rahman Taib (son) (Direct) 29,465,085 – 8.94%
7. Dato Sri Mahmud Abu Bekir Taib (son) (Direct) 29,400,085 – 8.92%
8. Sarawak Economic Development Corporation (Direct) 26,965,360 – 8.19%

The closing price on 5 July was RM2.30 per share. You do the maths to find out how much the Taib Mahmud family is worth in CMS shares alone. Continue reading »

Jun 012010
 

Mahathir has said it’s time for Samy Vellu to go, but what about Sarawak Chief Minister Taib Mahmud?

“In my (era of) leadership, almost everybody has retired, even me,” Mahathir was quoted as saying. “He (Samy) is the only one left.” The former premier added that the under-fire MIC president has set a record for being the longest-serving leader of a political party in the country.

Few would disagree with Mahathir on that score. But what does he have to say about White Hair? Continue reading »

May 172010
 

All right folks, after a good night’s sleep, I presume, let’s share some thoughts on the implications of the Sibu by-election result.

It’s going to be a lot harder for the BN to use vote-buying tactics to win voters’ support especially in urban areas in future by-elections. Sibu voters have taught the BN a bitter lesson.

Places of worship, religious institutions and independent schools should not accept grants from the government during election campaigns. This is outright vote-buying and the rejection of such offers sets a good example for their religious adherents or students and provides them a salutary lesson about standing up for ethics in public life.

Read Goh Keat Peng’s excellent piece ‘We don’t take such money‘. Mr Goh, a prominent Christian figure who attends a Methodist Church, gives us much food for thought: “I respectfully appeal to the churches directly involved in this episode (of accepting grants): If it isn’t true and it didn’t happen, then please say so. If it is true, offered and received, give it all back. WE DON’T WANT SUCH MONEY. Let the church be poor (as a church mouse) but as the Book of Proverbs says, poor but happy keeping a clear conscience.”

Continue reading »

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