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Wednesday, November 30, 2011

Syed eyes Proton, Syed eyes Airports

... And the ghost of Labu airport. There are many Syeds around, in politics and in business, some good news and some bad news. Well one good Syed has been eyeing Proton and may have another shot, but it won't be a clear shot. It seems that Syed Mokthtar al-Bukhary's DRB will have to contend with two other corporate giants for a 30+ percent stake of the national car. Proton's boss Khazanah is said to have nudged Naza and Sime Darby to come in with bids. Naza may come in on its own or a not-so-reclusive tycoon may come in as its partner to take Proton private. Before the denials kick in, a word of caution: Next week something big is about to land ..

Another Syed in the news [see The Edge Nov 28, page 8] isSyed Faisal Albar, a distant relative of Syed Hamid Albar the ex-Foreign Minister and now chairman of land transport commission SPAD, who is reported to be taking over Ahmad Bashir, the charasmatic managing director of Malaysia Airports Holding Berhad. [True or not, remember that: 1. It was this blg that forewarned this in After MAS, the mother of all ... 2. Syed Faisal is sueing me for defamation with some ex Fourth Floor operatives' buddies].
Not the first time the Edge is promoting Faisal

Incidentally, Tony Fernandez of Air Asia, now MAS, etc has been attacking MAHB, mostly for no really good reasons (especially if you consider that MAHB is the only aviation arm of the government that's making money). ThenZaki Zahid, out of nowhere , twitted the other day that the "cost overruns" at the KLIA2under MAHB would not have happened if they had agreed toLabu airport, which was proposed by Tony Fernandez some time back when Dollah was PM and Forth Floor boys were kings.

A conspiracy against Malaysia Airports? Whoa, with former Fouth Floor posterboy & powerful friends involved, I won't discard this possibility too quickly. Azman Mokhtar, Khazanah boss, is watching this closely, I'm sure.

- rocky's bru

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