Sep 29, 2011
Sep 28, 2011
A coalition has been formed following a Strategic Planning Workshop held in Kuantan, Pahang on the 24 September 2011. The coalition comprising various groups of NGOs, NGIs, Political Parties, Malaysia Medical Association, the Pahang Bar Council, Malaysia Civil Liberty Movement and various interest group had resolved to get together forming the "STOP LYNAS COALITION".
The group is determined to stop the operation of the Australian Mining company, Lynas Corporation which is to operate the Lynas Advanced Material Plant (LAMP) a toxic rare earth refinery in the location of Gebeng, Kuantan in the state of Pahang, Malaysia.
The RM700 million Lynas plant is expected to be operational by end of the year will produce 20,000 tons of radioactive waste a year.
The Stop Lynas Coalition fears that this would be a monumental environmental disaster and a toxic health hazard for the local community and the country at large as the waste would pollute the earth and waters in the surrounding location.
The Stop Lynas Coalition comprises of the following groups:
1. Kuantan Concern Citizen (KCC)
2. Badan Bertindak Anti Rare Earth Refinery (BADAR)
3. Save Malaysia Stop Lynas (SMSL)
4. Gelombang Hijau
5. Malaysia Medical Association (MMA)
6. Pahang Bar Council
7. The People's Green Coalition
8. Consumer Association Penang (CAP)
9. Sahabat Alam Malaysia (SAM)
10. Malaysian Civil Liberties Movement (MCLM)
11. Penang Residents' Welfare and Education Association (PRWEA)
12. Kean Tao Baptist Church Kuantan
13. Pastor English Team Kuantan
14. Kuantan Environmental Watch Group
15. Cyber Research Team of Kuantan MP YB Fuziah Salleh
16. PKR Kuantan
17. PKR Indera Mahkota
18. PAS Indera Mahkota
Watch the Video of the Stop Lynas Coalition Press Conference:
Sep 20, 2011
There is a Persistent Sell down of Government Link Companies in the local exchange of Bursa.
Foreign funds vote with their shares. Recent corporate governance issues have been very unpalatable. Some even say that certain parties are trying to push through certain deals prior to the elections, at all costs. Besides the Sime Darby-E&O deal, the AirAsia-MAS deal was a sour note ... not many mainstream media or analysts dared to mention that CIMB was advising both parties??!! What kind of crap is that? Its like a court case where the prosecutor and defending lawyer are from the same firm. Please show me ONE other case in global corporate M&A transactions whereby one investment bank advises both sides.
Read More HERE
Sep 18, 2011
There is an old Chinese saying that says that you should never trust a corrupt government, if there is corruption in that nation than it is the failure of the government, a government that allows for corruption is the most heinous of crime in heaven, a crime that is worse than murder.
This corrupt government will go all out to deceive and will be most pretentious with the objective to stay in power, is incapable of serving the people and will inevitably cause great poverty of the mind and deprive the people of economic wealth.
Old Chinese Proverb: " Never Trust a Politician that is all out to stay in Power and if you were to believe the words of such a Politician than you should believe that the Sow (Female Pig) can climb Trees."
Related Story Here