23 February 2009

What's in store when Najib becomes PM...............

Datuk Johan Jaafar, the ex-editor-in-chief of Utusan Malaysia who was once identified as being close to former deputy prime minister Datuk Seri Anwar Ibrahim, has been designated as the new media czar for the in-coming administration of Datuk Seri Najib Razak.

The Malaysian Insider understands that Johan will be appointed a director of The New Straits Times Press Berhad (NSTP) and chairman of Media Prima Berhad. Johan is expected to be appointed an executive director in NSTP, the publisher of the New Straits Times, Berita Harian and Harian Metro.

He will take over from Datuk Abdul Mutalib Mohamed Razak as chairman of Media Prima, which operates all of Malaysia’s private terresterial television stations – TV3, 8TV, TV9 and NTV7 – as well as two radio stations – Hot FM and Fly FM. The group also owns outdoor advertising giants Big Tree and UPD.

Johan is expected to set the tone for the Najib administration at NSTP and Media Prima.Johan’s appointments mark the first time a former head of Utusan Malaysia, which is owned by Umno, has been tapped to helm NSTP and Media Prima.Johan is also a well-known figure in the local Malay literary and cultural scene.

In 2004, when Datuk Seri Abdullah Ahmad Badawi took over the helm from Tun Mahathir, there emerged a new group of elite businessmen. The most visible of them were Equine Capital Bhd's Datuk Patrick Lim, ECM Libra Group's Datuk seri Kalimullah Hassan and Scomi Group's Datuk Kamaluddin Abdullah (also PM's son). Scomi (7158), who IPO at RM 1.38 in year 2003, saw the share price rocketed to all time high of RM 2after 1-10 split.

The Prime Minister in waiting, after taking over the role of Finance Minister in mid-September, had organised a corporate roundtable session. 6 individuals, each with deep knowledge of his field, were personally chose by Najib. They were tapped for ideas on how to address issues ranging from the economy, capital markets and business in general.

The 6 were............

1. Tan Sri Azman Mokhtar, MD of Khazanah Nasional Bhd.
2. Tan Sri Md Nor Yusof, director and chairman of Khazanah's executive committee
3. Datuk Mohd Nadzmi Mohd Salleh, chairman and MD of express bus operator, Konsortium Transnational Bhd.
4. Datuk Shahril Shamsuddin, Sapura group
5. Datuk Mohamed Azman Yahya, director of Khazanah, and founder and group chieft executive of Symphony House Bhd.
6. Dr Gan Wee Beng, the executive director of CIMB group. He was a consultant to Bank Negara, the Economic Planning Unit, finance ministry and the World Bank.

Names linked to Najib........

- Tan Sri Tan Kay Hock, Johan Holdings Bhd Chairman and Chief executive, golf buddy
- Tan Sri Robert Kuok & family, Tun Abdul Razak & Tun Hussein Onn were good friends of Tan Sri Robert Kuok.
- Datuk Shahril & family, Sapura group
- Tan Sri Syed Mokhtar Albukhary, MMC group, DRB-HICOM has a huge vehicle assembly plant and is one of the largest employers in Pekan, Pahang, Najib's mainstay political base.
- Rohana Mahmood, chairman and partner of Ethos Capital, a RM 200mil private equity firm. Rohana and Omar Mustapha Ong, a former special assistant to Najib, are co-founders of the boutique advisory firm Ethos & Co. Rohana sits on the boards of Paramount Corp Bhd, TH Group Bhd, and Dijaya Bhd.

Razak Brothers..........

- Datuk Johari Razak, senior partner at Shern Delamore & Co. a large firm in KL. He is also a non executive director in several publicly listed companies including, being chairman of Ancom Bhd, deputy chairman of related Nylex (M) Bhd, and directorships in Hong Leong Industries Bhd and Daiman Development Berhad. He is also a director of Deutsche Bank (M) Bhd.

- Datuk Mohamed Nizam Razak, non executive director in several publicly listed companies including Hiap Teck Venture Bhd, Mamee Double Decker Bhd, Delloyd Ventures Bhd, and Yeo Hiap Seng Bhd. He is also a director of Deutsche Bank Bhd.- Datuk Mohamed Nazim Razak, an architect.

- Datuk Nazir Razak, CIMB group CEO

So what's then............

Come March, DPM Datuk Seri Najib Razak will take over from Datuk Seri Abdullah Badawi as Malaysia's sixth Prime Minister.

1. What change will bring along with him? How will the leadership affect business?

2. CIMB, GLC, Symphony House Bhd, Johan Holdings Bhd, Sapura group, Hong Leong group, Paramount Corp Bhd, TH Group Bhd, Dijaya Bhd, MMC group, DRB-HICOM, Hiap Teck Venture Bhd, Mamee Double Decker Bhd, Delloyd Ventures Bhd, Yeo Hiap Seng Bhd, Nylex Bhd, Hong Leong Industries Bhd, Daiman Development Berhad. These are the names that has connections with him, will they benefit from the change? Which family will arise from the change?

3. Razak brothers has been involving in banking, will they have the upper hand in the bank mergers? Obviously, there are conflict of interest between PM in waiting/Finance minister with CIMB CEO, how are they going to resolve this conflict?

4. Kuok's Hong Leong bank will have upper hand in bank merger? (Rumour on merger of Hong Leong and Public bank)

5. Will Second Finance Minister, Tan Sri Mohamed Nor Yakop stay on?n

6. Will Khairy Jamaluddin and his 4th floor goons be around?

source: malaysia insider & an anonymous email

its all in the family...........

Read here, here, here and here.

cheers.

3 comments:

Anonymous said...

Maybe Najib will have his 4th floor mini kabinet headed by Rosmah Mansor.

Anonymous said...

Wow I wish to see Rosmah in action. If we has a sleepyhead became a Prime Minister and a sodomite who wished to be a Prime Minister, why not Rosmah. All the same.

Anonymous said...

Ali, another thing that U forget is that Najib will break off diplomatic ties with Mongolia on Rosmah's advice.