Sovereign wealth fund of the Malaysia Government overnight became PRIVATE

Khazanah Nasional
Funding company
Image result for khazanah
Khazanah Nasional Berhad is the sovereign wealth fund of the Government of Malaysia. Khazanah holds and manages selected commercial assets of the Government and undertakes strategic investments on behalf of the nation.Wikipedia
CEO: Azman Mokhtar (Jun 2004–)
Headquarters: Kuala Lumpur
Owner: Government of Malaysia
Founded: 1993
*************************************
KUALA LUMPUR: Prime Minister Dr Mahathir Mohamad today dismissed criticism over Khazanah Nasional’s possible involvement in the third national car project, saying the sovereign wealth fund is “free to do business”.
He was responding to MCA deputy president Wee Ka Siong who said the government’s decision to name Khazanah subsidiary Silterra as a possible partner for the project cast doubts on Putrajaya’s promise that public funds would not be used.
Not only was Silterra a wholly-owned subsidiary of Khazanah which Mahathir chairs, Wee said, it was also one of its biggest loss-making companies.
To this, Mahathir said: “If there is a company interested, they can invest.
“Khazanah is not the government. It is a company which is free to do business,” he said after chairing a Pakatan Harapan presidential council meeting at the Yayasan AlBukhary building here.
The prime minister also defended the inclusion of Kuantan MP Fuziah Salleh and Bentong MP Wong Tack in the government’s Lynas review committee.
Some, including MCA’s Ti Lian Ker, had questioned the committee’s ability to be objective given that Fuziah and Wong have been long-time critics of the rare earths plant in Gebeng.
Fuziah, who is the deputy minister in the Prime Minister’s Department in charge of religious affairs, is leading the 10-member committee.
However, Mahathir said there were also other members who could give their opinions.
“It is not as if the committee is being dictated by two people.”
Institute of Strategic and International Studies economist Firdaos Rosli previously said it was “perplexing” that Fuziah was heading the committee as the matter comes under the energy, technology, science, climate change and environment ministry.
The plant in Kuantan has long been opposed by green groups over concerns that it produces dangerous radioactive waste.

Must Watch – Project Gutenberg



It is easy to understand why its called the stylish Project Gutenberg if I tell you its about counterfeiting USD. Its also stylishly a bit film noir. Its at the same time a homage to the 70s and 80s shoot-kill-extravaganza HK gangsters movie genre.


Thankfully its a lot more than just that. Its probably the best role for Chow Yun Fatt has undertaken oohh … for the last 20 years. Can see a bit of the fire in his eyes still there.




While it is safe to say that NOTHING is really ORIGINAL anymore, one can easily say this movie is about:
20% A Better Tomorrow
10% Face Off
30% Keyser Sosa


The hard part should be for the scriptwriter to wove the backstory and flow of the plots and sub plots, the many plot twists, that towards the end we do not know who is real and who is not.


Very entertaining, also the main reason why despite throwing tons of money China still cannot make a HK style gangster movie. The director Felix Chong Mun Keong is an old hand. 

Rating: 8.5/10

Liar with a straight face

HARDTALK SHOULD HAVE ASKED “HOW RM66 BILLION CAN GO MISSING OR LOST IN FOREX JUST A FEW MONTHS BECOMING THE 7TH PRIME MINISTER.”

IS MUKHRIZ NOT MENTERI BESAR OF KEDAH WHILE MAHATHIR IS PRIME MINISTER?

A MAN WHO HAS NO FEELING FOR SENDING ANWAR TO JAIL NOT ONCE BUT TWICE BLAMES IT ONTO THE COURT.  DID HE NOT BLACKMAIL THE JUDGES?

MAHATHIR’S CHILDREN BECAME MILLIONAIRE WHEN HE WAS THE 4TH PRIME MINISTER.  TODAY BEING THE 7TH PRIME MINISTER HIS CHILDREN BECAME BILLIONAIRE.

MAHATHIR WAS RESPONSIBLE  FOR BRINGING IN BANGLA AND INDON IMMIGRATE  TO INCREASE THE VOTERS FOR UMNO DURING HIS 22 YEARS AS PRIME MINISTER.  TODAY THERE ARE 6 MILLIONS OF THEM HERE IN MALAYSIA FUCKING ALL THE MALAY GIRLS.  THIS LED TO THE INCREASE OF UNWANTED BABIES WHO WERE EITHER MURDERED OR THROWN AWAY AS TRASH.  MAHATHIR IS ALSO RESPONSIBLE FOR MALAY SOCIAL ILLS AND THE INCREASE OF GRADUATES NOT GETTING JOBS IN MALAYSIA.  NOW ACTING LIKE A GOOD GUY MAHATHIR SAYS IT IS WRONG TO ALLOW 1 MILLION CHINESE FROM CHINA TO COME HERE.  THIS FEAR IS BECAUSE MAHATHIR KNOWS THE CHINESE FROM CHINA WILL NOT VOTE FOR A RACIST LIKE HIM.

MAHATHIR’S INTEREST NOW IS TO MAKE MUKHRIZ THE PRIME MINISTER AND INTRODUCE MOKHZANI CRYPTOCURRENCY TO ENSURE MALAYSIA BELONG TO HIS FAMILY FOR CENTURIES TO COME SO HE OFFERS LOLLIPOP TO AZMIN ALI TO ENSURE HIS INTEREST AND DESIRE IS INTACT.

MAHATHIR WAS THE MASTER WHO CREATED MURDERERS AND THIEVES WHEN HE WAS 4TH PRIME MINISTER. TODAY HE IS DOING THE SAME WITH AZMIN ALI, ZURAIDA AND AMIRUDDIN.  SO WHICH OF THESE THREE WILL HAVE BLOOD IN THEIR HANDS SOON?

GOD HAS GIVEN MAHATHIR A SECOND CHANCE TO RECTIFY HIS WRONGDOING.
IF HE DOES NOT DO SO NOW THEN MAHATHIR HAS ONLY HIMSELF TO BLAME FOR DESTROYING HIS OWN LEGACY.

HOW WILL MAHATHIR DIE NEXT YEAR???????????????????

Mahathir had failed in the East and West because of time

Image result for IMAGES OF TIME
https://www.malaysia-chronicle.com/?p=138009
The Plan,  The Plan.
A, B, C and now D.
Blackmail, Assassination, Bribery.
THE TWIST IS REAL.
MAHATHIR AND DAIM HAVE SPENT OVER RM30 MILLION TO GET INVESTORS AND LOAN FROM THE EAST AND WEST.
AZMIN IS ALSO DOING HIS PART TO ACHIEVE BUSINESS FOR MALAYSIA.
BUT THE TROUBLE WITH OLD WAYS AND BARBARIAN METHODS IS THAT TIME HAS CHANGED.
MAHATHIR THINKS HE CAN MOVE THE MOUNTAIN AGAIN BUT WAS PROVEN WRONG WITH TIME.
AZMIN WHO DID NOT ACHIEVE ANYTHING WHEN HE WAS THE MB OF SELANGOR STILL CANNOT BREAK INTO THE EAST AND WEST MARKET.
THAT IS WHY I HAVE KEPT ON SAYING, MAHATHIR DOES NOT KNOW HOW TO CHOOSE LEADERS.
MAHATHIR CAN ONLY GET THINGS DONE IN THE MOST CORRUPTED AND DIRTY WAYS.
THE OLD WAY IS FINISHED.  IT IS IN THE PAST.
TODAY LEADERS DOES THINGS DIFFERENTLY.
AS LONG AS MAHATHIR CONTINUES TO PLAN TO KILL ANWAR FOR ETERNITY, TIME WILL STAND STILL FOR MALAYSIA.

Zero-Harm Policy


I love it when people try to spin. The CEO of Lynas pleaded with our new government on the review of the project in Malaysia. IF the operations result in zero harm to the people, the communities and environment… then you should have no problem dumping the waste or processing the waste in Australia. I mean, the land area is many x the size of Malaysia… and I am certain the desert area land price would be cheaper than in Kuantan.

All that plus you have to ship the waste to Malaysia, you can save so much on logistics. So I can only surmise that either its too costly to hire Australians or you want the lowly paid Malaysian workers or foreign workers OR the present regulations in Australia would have made it insurmountable (in terms of cost for safeguarding the project or that the rules totally forbade the existence of such a project).

What makes you think Malaysians deserve to have the project that Australia has definitely rejected. I don’t think we are that desperate for jobs.

Salam sejahtera,
My name is Amanda Lacaze. I am the CEO of Lynas and I am writing this letter on behalf of our employees and their families, our contractors, and our hundreds of large and small suppliers.
I am taking this step of writing to you to encourage fairness, objectivity and transparency in any review of Lynas Malaysia Sdn Bhd.
Lynas Malaysia has been producing high quality rare earth materials at our Gebeng plant for six years. Our operations are built on a zero-harm philosophy – zero harm to our people, zero harm to our communities and zero harm to our environment. Independent monitoring confirms we have achieved this. We are compliant with our licence conditions and we work closely with the Malaysian regulators to identify ways to continuously improve our operations.
Through Lynas, Malaysia has gained a significant international profile as a centre of excellence for rare earths production. As the only miner and producer of rare earth products outside China, Lynas Malaysia is an important supplier to many industries including the automotive, electronics, oil and gas and renewable energy industries. Our key customers are in Japan, Europe and North America, all important trading partners of Malaysia.

Trade War & US$80 Oil


 I hate to be overly optimistic. Because you will get clobbered when you are not totally accurate. I haven’t been writing much about business or stocks since the May elections because we needed things to settle.

 1) we needed to know the extent of the mess, which our Finance Minister and his team have done properly so far, let it all out in the open

 2) I have said before, should PH won the elections, chances are high that the local bourse will be in the doldrums for at least 6-12months. Even so, knowing full well I will lose some money from my portfolio … I think most of us will RATHER suffer some losses in our portfolio than to see BN re-elected

Things appear to have settled down now. I have mentioned that we needed oil prices to be much higher so that Petronas can sell at higher levels so that the government can request for a special dividend (if needed) to dig us out of the mess by the previous government.

 The US$80 oil is as good as one can expect. we just need it to stay above that for at least another 3-6 months.
The Trade War

 Didn’t write much about the trade war because it could have been over within weeks. Noting the unpredictability of Trump, the trade war went tit-for-tat for months now. Even China is running out of products to impose duties on.

 Trying to read Trump’s actions, it is likely he won’t back down as he is as belligerent as an 8 year old boy who must have his ice-cream or else.

 3) the trade war is now so extensive that it would be quite some time to unravel and unwind the entire process, even if both sides wanted to

4) the consequences are huge as the trade war drags on and on… both China and US will be losers, what happens in a prolonged trade war is US businesses dare not invest in new capacity to take advantage of the tariffs, same for China … the stalemate will result in a dramatic pullback in capital investment from both sides

 5) the electoral backlash in the US will be more pronounced as things drag on, farmers and other exporters to China will feel the pinch, which will soon evolve to a loping off of their limbs … the backlash in China will be muted owing to the different political landscape.. in fact, Chinese citizens will be more willing to suffer rather than see Beijing kowtow to Trump

 6) there will be some important midterm elections in the US and that could spell disaster for the Republicans


 7) plenty of products will now be served by their substitutes, thus benefiting many emerging market economies, but again no one knows how long it will last, thus nobody is willing to put up any new investments into capacity 

8) China has in the last several months made a contingency plan of what to do. China is increasing trade with India, Africa and the European Union. China will be able to offset most of the damage from increased U.S. tariffs. The real impact will be on U.S. companies which export their own products from China. These items will become more expensive for U.S. consumers

9) no jobs will go back to the States .. If U.S. firms can see no end of the trade war, they will reorganize their supply chains and locate low-cost production in “safe” countries like Vietnam, Malaysia, Indonesia, Mexico, and Peru. They will not move much production back to the United States. Likewise, Chinese firms that buy high-tech industrial inputs from the United States will move some of the production to “safe” countries like South Korea, Canada and Australia. But the Chinese government will strongly encourage Chinese firms to produce many of these inputs at home, even though the cost will be much higher
The Next Trade War Phase

 THE US$ – I believe Beijing will have to dump some Treasuries soon if Trump stays belligerent. If that cycle starts, funds should flow to emerging markets away from the US. Even a trickle will be effective for emerging markets.
Conclusion: There is no conclusion. It still fluid. Trump could be impeached. Upcoming midterm  elections could prove disastrous and lead the Republicans to rally against Trump. US$ could dive 10%-20% … you guess the consequences there.

The Probable Cast for The Movie "Billion Dollar Whale"

Was there ever a doubt that this would be made into a movie??!!

(Malaysiakini) Billion Dollar Whale: The Man Who Fooled Wall Street, Hollywood, and the World co-author Tom Wright has confirmed that a movie deal is in the works based on the book on the 1MDB scandal and its alleged mastermind Low Taek Jho.
“We are negotiating a movie deal at the moment, yeah. There should be an announcement very soon about a movie,” he told a group media interview in Kuala Lumpur today.
Wright, who remained tight-lipped about the details, joked that it would not be produced by Red Granite Pictures.
~~~~~

It would be so much fun to try and guess who will be playing the main characters. Let me take a stab at it:

Meryl Streep can play anybody, any race even … her turn in Into The Woods makes her a shoo-in for the role of R.

I am sure you are laughing already. Comedian Jason Leong is a dead ringer for JL (alamak, initials pun sama) … put on another 20kgs, plus he already has the accent right.

This one’s a bit hard. Dayo Wong can play LGE, with a more traditional haircut and a bit more Brylcreeem … he will do a good job.

To me, Kent Cheng is one of the top 3 HK actors of his time. Picture him with solid black plastic rimmed glasses, minus 20kg, you got LKS.

The under-rated Michelle Williams can dress down and play Clare Rewcastle Brown with aplomb.
Ta-dah… the final starring role for N… none other than brilliant character actor Paul Giamatti. His looks is already halfway there. Now learn the accent well.
Ladies and Gentlemen, we have a hit in the making ….

Game over for Anwar as PM

Image result for images of anwar black eye
ZURAIDA HAS JUST HANDED OVER RM20 MILLION TO SOMEONE WHO WILL BE MAKING A POLICE REPORT AGAINST ANWAR FOR SODOMY 3.

YES, MAHATHIR HAD MAKE IT VERY CLEAR, HE DISAPPROVE OF SAME GENDER HAVING SEX TOGETHER EVEN THOUGH HIS SONS ARE GAY.

ONCE A PERSON IS BRANDED AS HOMOSEXUAL BY MAHATHIR AND DAIM IT WILL LAST TILL THE PERSON DIES. IT DOES NOT MATTER WHETHER IT IS THE TRUTH OR NOT.  MALAYSIANS ESPECIALLY THE MALAYS LOVE SUCH DRAMA.

EVERYTHING WILL BE DONE WHILE MAHATHIR IS IN UK. LIKE ALL PREVIOUS REPORT AGAINST ANWAR ON SODOMY, MAHATHIR QUIETLY LEAVES THE COUNTRY.

AZMIN ALI AND ZURAIDA ARE TAKING A BIG RISK BUT THEN WHEN ONE HAS MAHATHIR AND DAIM AS GUARDIAN ANGELS, WHY NOT?

IT WAS MAHATHIR AND DAIM WHO GAVE THEM MINISTER POST. NOT ANWAR.

NOW THAT THE LAST HURDLE NEED TO BE PUSH DOWN THE RAVINE, AZMIN ALI THINKS MAHATHIR AND DAIM WILL KEEP THEIR PROMISE TO MAKE HIM THE 8TH PRIME MINISTER.

I WISH YOU LUCK AZMIN ALI BUT ONE MUST NEVER FORGET THAT MAHATHIR AND DAIM HAVE INDIAN BLOOD AND ONE SHOULD NOT TRUST SUCH CREATURES WITH TWISTED TONGUE.

I HAVE KNOWN DAIM LONGER AND HAVE BEEN PLAYED OUT MANY TIMES BY HIM. DAIM IS ONLY NICE WHEN HE WANTS SOMETHING.

Moon My Cakes – The Annual Rant!!!



For all the talk of being cultural, the Mooncake festival is one that is disappointing year in year out.

It seems the festival is about, now, which new flavour can we ingest this year. Actually, just look at any restaurant menu, and then try to make it into a moon cake.

There is no respect, there is no tradition left. How about a prawn mee moon cake, how about a putu mayam moon cake? Why not?

 Well, every year I brace myself for what will be the new fangled flavours for mooncakes. Ta-dah … last year takes the cake (pun intended). Its Angry Birds mooncakes!  I think its a brilliant marketing strategy, its taking China/HK by the proverbial storm. Is that raining bird shit … no, its just kids throwing their Angry Birds mooncakes in the air for effect. Now we even get Nasi Lemak ones. Damn it, this year we do actually have nasi lemak mooncakes!!!

Each passing year, we get further away from tradition. Is this fusion or variety or just plain stupidity. I am talking about mooncakes. The whole thing marks of a scam.

Who doesn’t know that the cost of a mooncake is minimal really compared to their exorbitant selling price. Why do you think almost every restaurant sells them? There must be a global collusion to sell these over priced things – its a Chinese mafia I tell you.

At best, the mooncake festival can be an excuse for family togetherness. The actual reasons and history for how the festival started are pretty flimsy. Its more stuffs of legends and fairytales than rooted in reality. But anyways, since the Chinese culture has no solid God/religion, where everything goes (the world is full of deities and buddhas as the saying goes), hearsay and stories evolved into things cultural, which in turn becomes tradition, and finally morphs into a marketing extravaganza.

Since it is stuff of legends and fairytales, its not rooted deeply in anything really, and is open for interpretation. It used to be just lotus paste and black sesame. Throw in the egg yolks if you want. NOW you have: lotus with dried sambal; green tea with pu’er; dragonfruit with blackcurrent; spirulina; the omochis; the ice cream ones; the durian paste; pandan sweet corn; capuccino; yam gingko nut; chocolate strawberry fondue; the various types of skin covers; oreo; chocolate walnut brownie; charcoal powder with wolfberry; Charcoal Infused Mocha Milk Tea; Snow Skin Japanese Potato with Custard; Fragrant Corn with Soft Yolk; Royal Jade Jelly; Nutty Chocolate with Yolk; Snow Skin Raspberry; Bluberry; Snow Skin Silky Vanilla Chestnut; Snow Skin Black Sesame; Green Beans with Cheese; chocolate peanut praline; blueberry blackcurrant cheese; chestnut Japanese jingsa; .... enough already… we are all losing the plot!!! Heck, I can even create an apom balik black sesame eggyolk ikan bilis flat moon cake... its all marketing baby!

Go back to the roots of the tradition. Why do we have Mooncake Festival? Its for family togetherness, its really for the kids … I remember as kids I loved the festival, the lanterns and candles. I liked that connection, knowing that my dad and grand dad probably played with similar lanterns, similar candles and ate the same kind of mooncakes 50 or 100 years ago. That’s the tradition that connects, and the kind you want to pass on to the next generation.

Not that anything about the mooncake thing is true, however, its cultural and it carries values, things we want to pass on – whether the festival is rooted in true events is not material anymore.

Hence, please you bloody marketers, do not cheapen the tradition. We want the connectivity. I will still want to buy the basic lotus paste or black sesame… and also the baked fish-shapes / pig-shaped mooncake biscuits … because they all remind me of the past which I longed to remember and the people I do not wish to forget.


Of course, variations is a strong strategy to differentiate in a product/event that has “almost zero veracity” in truth or religious text. You don’t find the Catholics changing ONE IOTA of the sacrament through the ages. Hence differentiation will continue cause no one cares, everyone is out to stand out and make money or get the latest “bling”.

This year let me give you my HAZE Mooncakes, looks like smog, taste like freshly burnt tropical forest with a strong charcoal aftertaste – happy moonlike festival!!!

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