KUALA LUMPUR, 5 Feb 2009: The Federation of Malaysian Consumers Association (Fomca) objects to large-scale commercialisation of ground water extraction as it would affect water resources. Fomca president Datuk N Marimuthu told Bernama that currently, there was a shortage of water sources to meet the needs of the growing population and such large scale extraction […]
Sime Darby
MYC against building LCCT in Labu
KUALA LUMPUR, 23 Jan 2009: The Malaysian Youth Council (MYC) has objected to the proposal by AirAsia and Sime Darby to build a low-cost carrier terminal (LCCT) in Labu, Negeri Sembilan. Its secretary-general Tajudin Ahmad said the project would have adverse effects on the Kuala Lumpur International Airport (KLIA), managed by Malaysia Airports Holdings Bhd […]
Airport tussle
By N Shashi KalaCarved pumpkin (© Michele L / sxc.hu) LIKE the pumpkin in Cinderella that transforms into a carriage, AirAsia Bhd and Sime Darby Bhd hope something equally fantastic will emerge from the plantation land in Labu, Negeri Sembilan. The unlikely pairing of the low cost carrier and the plantation conglomerate to build a new low cost […]
Is a new airport needed, questions Chin
KUALA LUMPUR, 17 Jan 2009: Minister of Plantation Industries and Commodities Datuk Peter Chin Fah Kui said that his ministry was not against any development including building a new airport, if needed. The issue is not whether the airport can be built on palm-oil land or not, he said to reporters when asked on Sime […]
IJN consultants deny their demands led to privatisation
KUALA LUMPUR, 19 Dec 2008: National Heart Institute (IJN) medical consultants have refuted the perception that its privatisation proposal was in response to demands by medical staff for higher remuneration. The 34 medical consultants said they were not in a position to dictate the outcome of Sime Darby’s privatisation proposal to IJN’s stakeholders. “However, the […]
Sime Darby deal to buy IJN postponed
PUTRAJAYA, 19 Dec 2008: Conglomerate Sime Darby Bhd’s deal to acquire a 51 % equity in Institut Jantung Negara (IJN) has been postponed until an in-depth review has been undertaken by the relevant ministries, Deputy Prime Minister Datuk Seri Najib Razak announced here today. Najib, who is also Finance Minister, told a press conference that […]
Govt okay with selling IJN stake to Sime Darby
KUALA LUMPUR, 18 Dec 2008: The government has no objection in principle for Sime Darby Bhd to acquire a stake in IJN Holdings Sdn Bhd but the conglomerate must ensure high priority for the poor, said the Deputy Prime Minister, Datuk Seri Najib Razak today. “We are in the process of finalising the matter with […]
