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Friday, October 12, 2012

Hundreds picket against tycoon's KTMB takeover bid



Over 500 railway workers picketed at the Keratapi Tanah Melayu Bhd (KTMB) headquarters in Kuala Lumpur today to protest MMC Corp Bhd's bid to take over the company.
NONEMMC Corp is controlled by business tycoon Syed Mokhtar al-Bukhary (right), who also owns Seaport Terminal (Johor) Sdn Bhd, which took over Penang Port.
Besides this, Syed Mokhtar also controls the Port of Tanjung Pelepas and Johor Port as well as took over Pos Malaysia via DRB Hicom.
The group, led by Railwaymen's Union of Malaya (RUM) leaders, chanted slogans, sang songs, and held up banners for over an hour beginning 5.30pm, almost always under the blare of their air horns.

"RUM strongly opposes MMC's attempt to take over KTMB," the group chanted, while also urging new KTMB president Elias Kadir to be given the chance to turn around the loss-making company.
[More to follow]

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