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Shame on you, EPF!

by P Gunasegaram
Malaysiakini
6:16PM Apr 12, 2013

Whatever possessed the Employees Provident Fund (EPF) to throw in the towel way before the fight had finished, leaving other minority shareholders aghast at its surrender even before the battle had started in earnest? Shame on you, EPF!

We are referring of course to the national provident fund’s meek capitulation by accepting national oil company Petronas’ revised offer of RM5.50 per MISC Bhd share yesterday, eight days before the offer was due to close.

By accepting the offer it has made it that much easier for Petronas to reach its target of acquiring 90 percent of MISC shares, a condition for Petronas’ takeover offer for MISC, and the level at which the oil company can delist MISC from Bursa Malaysia. Petronas has just under 80 percent of the shares now after EPF’s acceptance, 10 percent short of the offer becoming unconditional. Continue reading “Shame on you, EPF!”

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Mission almost impossible for Kit Siang

Free Malaysia Today
April 15, 2013

JOHOR BARU: For DAP supremo Lim Kit Siang to win the Gelang Patah parliamentary seat in Barisan Nasional’s fortress in Johor, he not only needs to win the “hearts and minds” of the Chinese electorate, who are the majority voters in the suburban seat, he must also work hard to woo votes from the Malay electorate.

A substantial 54% of the eligible voters in Gelang Patah are Chinese while the Malays account for 33% and Indians make up 12%.

Judging from the electoral composition, it is clear that to win the rapidly-developing Gelang Patah seat, the candidate, either from BN or DAP, must romp home with the support of the Chinese and Malays, the bulk of the electorate in the constituency, adjacent to Pulai and Johor Baru parliamentary seats.

But with the irremovable stigma that Kit Siang and DAP are “anti-Malays” and “anti-Islam, it is a big question mark whether the Malay voters in the constituency will accept or welcome the veteran DAP politician. Continue reading “Mission almost impossible for Kit Siang”

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A very ‘American’ election

by Clive Kessler
The Malaysian Insider

APRIL 15 — So far it has been, as a friend remarked the other day, “a very American election”.

With its mobilising and symbolic focus on PM Datuk Seri Najib Razak, the GE13 “pre-campaign” has been nothing if not “presidential”.

“Presidential” campaigning: PM Najib and BR1M

If Umno/BN is now a brand, Najib is its face. Its trademark.

Not unlike a certain avuncular colonel and his own certain brand of fried chicken.

And if Umno/Bn now has a strategic approach, it is Najib’s own iconic BR1M.

Umno/Bn now relies upon communicating an irresistible sense of party and government largesse that, in a very personal way, the prime minister distributes and also symbolises. Continue reading “A very ‘American’ election”

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Why I shall vote in GE13

— Philip Yeoh
The Malaysian Insider
April 15, 2013

APRIL 15 — I shall vote to give Malaysia a better chance of stemming the bleeding of our public finances and downward spiral in our standard of living.

I shall vote to protect our land and people from policies, practices and businesses that threaten our ecological safety and integrity.

I shall vote to open the door for reforms in our institutions of governance particularly the judiciary, MACC, police and the central bank. Continue reading “Why I shall vote in GE13”

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20-Day Countdown to 13GE Polling Day – Gelang Patah will be my “life-and-death” political battle as I will be fighting not just popular four-term Johore Mentri Besar, but the PM, Najib Razak, former longest-serving PM Mahathir and future PM hopeful Muhyiddin Yassin

Finally the die is cast. From all accounts, MCA has surrendered the Gelang Patah parliamentary seat to UMNO and the Barisan Nasional (BN) candidate will be the popular four-term Johor Mentri Besar Datuk Abdul Ghani Othman.

When I decided to leave the Ipoh Timor parliamentary seat where I had won with over 21,000-vote majority in the 2008 General Elections to contest in the BN fortress of Gelang Patah (which was won by BN with a 9,000-vote majority in 2008 and 31,666-vote majority in 2004) and which had never been won by the Opposition in the past 12 General Elections in 56 years, it was a high-risk decision.

But I was prepared to take the calculated risks for at least four reasons:

  1. To target the six Parliamentary and 13 State Assembly seats in south Johore to pave the way for Pakatan Rakyat to Putrajaya in the 13GE. The six Parliamentary seats are Johor Bahru, Pasir Gudang, Tebrau, Gelang Patah, Kulai and Pulai. The 13 State Assembly seats are Stulang, Tanjong Puteri, Johore Jaya, Permas, Puteri Wangsa, Tiram, Skudai, Nusajaya, Pengkalan Rinting, Kempas, Senai, Bukit Batu and Bukit Permai.

    Johor Baru is the only State capital which had been able to maintain UMNO/BN political hegemony since Merdeka in 1957, when other State Capitals and urban centres have come under strong Opposition/Pakatan Rakyat influence, namely Kuala Lumpur, Kajang, Ipoh, Klang, Subang Jaya, Kuching, Petaling Jaya, Seremban, George Town, Malacca, Kota Baru, Kota Kinabalu, Kuantan and Sungai Patani.

  2. To target a total of 19 Parliamentary and 30 State Assembly seats in the State of Johor, including the six Parliamentary and 13 State Assembly seats in South Johore. The additional Parliamentary seats in the rest of Johor are Tanjong Piai, Kluang, Batu Pahat, Bakri, Labis, Segamat, Sekijang, Ledang, Muar, Ayer Hitam, Sri Gading, Simpang Rengam and Sembrong. The additional 17 State Assembly seats are Pekan Nenas, Mengkibol, Penggaram, Layang-Layang, Parit Yaani, Maharani, Gambir, Tenang and Pemanis. Continue reading “20-Day Countdown to 13GE Polling Day – Gelang Patah will be my “life-and-death” political battle as I will be fighting not just popular four-term Johore Mentri Besar, but the PM, Najib Razak, former longest-serving PM Mahathir and future PM hopeful Muhyiddin Yassin”
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BN settles on Ghani to defend Gelang Patah from Kit Siang

By Jahabar Sadiq
The Malaysian Insider
April 15, 2013

KUALA LUMPUR, April 15 — Datuk Abdul Ghani Othman will defend Gelang Patah against the DAP’s Lim Kit Siang while the ruling Barisan Nasional (BN) now seeks a safe state seat for his potential successor as Johor mentri besar, Datuk Seri Mohamed Khaled Nordin, in Election 2013, say coalition sources.

Despite BN’s pledge to put new faces, The Malaysian Insider understands that the 66-year-old MB is the best bet against the 72-year-old Lim as the ruling coalition is depending on the Malay vote to carry it in the May 5 general election.

“It has been decided that Ghani will defend Gelang Patah as BN doesn’t want to risk losing its fixed deposit in Johor,” a source told The Malaysian Insider.

He said the MCA has agreed to give up the seat to Umno, under a strategy where the BN war room believes Umno candidates can beat back the DAP attack in Johor and other Malay-majority states rather than MCA hopefuls.

“There will be a number of veterans being asked to stay on and defend their seats because DAP and PAS together can cause trouble,” the BN source added, referring to the Pakatan Rakyat (PR) parties that also includes PKR. Continue reading “BN settles on Ghani to defend Gelang Patah from Kit Siang”

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A Barisan Win is No Victory for Malaysia

by Bakri Musa

(Second of Four Parts)

There can only be three possible outcomes to the next election: Barisan to win with a comfortable victory; Pakatan Rakyat to prevail; and a hung parliament. A comfortable victory is one where the expected hopping of a dozen or so successful candidates would not materially affect the political balance. A hung parliament is where the buying or the shifting of allegiance of a handful of elected members would significantly alter the political balance.

Contrary to the pronouncements of many, the worst possible outcome would not be a hung parliament but a Barisan victory. The best possible outcome would be for Pakatan to secure that majority. A hung parliament is not the worse but then also not the best possible outcome either. Continue reading “A Barisan Win is No Victory for Malaysia”