21 Mar 2018

REDtone posts RM663,000 net profit in Q3

PETALING JAYA: REdtone International Bhd saw a net profit of RM663,000 for the third quarter ended Jan 31 compared with a net loss of RM3.62 million a year ago, mainly due to higher gross margin in managed telecommunication network services, coupled with lower operating expenses for the quarter.
For the quarter under review, the group reported RM27.3 million in revenue, which was 27.1% lower than the RM37.43 million reported in the previous year corresponding quarter, as managed telecommunication network services segment contributed lower revenue in line with lesser project activities.
For the nine-month period, it posted a net profit RM3.06 million against a net loss of RM7.41 million a year ago, while revenue fell 24.8% from RM115.14 million to RM86.63 million.
Given the macroeconomic outlook and the prevailing economic conditions, REDtone expects its operating performance to remain challenging for the remaining quarter of the financial year ended April 30. However, the group will continue with its focus on measures to improve operational efficiencies to improve profitability in the core businesses.
It also foresees improved contribution from projects in the pipeline in the managed telecommunications network services segment.

Source : http://www.thesundaily.my/news/2018/03/19/redtone-posts-rm663000-net-profit-q3

7 Mar 2018

Ex-MACC adviser slams Nazri-MCA ‘good cop, bad cop' routine

Former MACC adviser Robert Phang has likened the ongoing spat between MCA and Tourism and Culture Minister Nazri Abdul Aziz to a "good cop, bad cop" routine, intended to stir up racial sentiments ahead of the coming election.
Phang accused both MCA and Nazri of being complicit in attempts to tar billionaire Robert Kuok, as part of a "politically-motivated and premeditated" ploy to create animosity towards the Chinese Malaysian community.
He said Nazri had perpetuated unfounded allegations against Kuok, which in turn allowed MCA to portray itself as both "protector and defender" of the community.
"The recent attack against Kuok, led by Nazri, reflects the ruling coalition's desperation to remain in power, at all costs," he said in a statement yesterday.
Describing Nazri as a "loose cannon," Phang said it was wrong for "power-crazy" politicians to "inflict chaos" and cause harm to the nation to fulfil their agendas.
In view of this, Phang urged Prime Minister Najib Abdul Razak to remove Nazri from his cabinet.
Remain calm, Chinese urged
As for the Chinese community, Phang urged them to remain calm and not to overreact to provocations.
"In fact, the best way to punish this bunch of unscrupulous politicians is to vote them out in the coming general election," he said.
Since late February, several Umno supreme council members, including Nazri, have criticised Kuok for allegedly bankrolling DAP and news portal The Malaysian Insight.
The allegations first surfaced in a series of articles on the Malaysia Todayportal operated by fugitive Raja Petra Kamarudin.
The articles have since been removed at the request of the Communications and Multimedia Commission (MCMC).
Although Kuok has denied funding DAP, the issue has led to Nazri and MCA engaging in a protracted verbal feud.

Source : https://www.malaysiakini.com/news/414678

5 Mar 2018

YB DATO’ SERI NAZRI ATTACKS ON KUOK PERHAPS REFLECTS THE RULING COALITION’S DESPERATION TO REMAIN IN POWER.

5th March 2018

PRESS STATEMENT BY:-
TAN SRI DATUK ROBERT PHANG MIOW SIN.
JUSTICE OF THE PEACE.
CHAIRMAN – SOCIAL CARE FOUNDATION



YB DATO’ SERI NAZRI ATTACKS ON KUOK PERHAPS REFLECTS THE RULING COALITION’S DESPERATION TO REMAIN IN POWER.

PETALING JAYA, 5 March 2018: Recent attacks against Malaysian tycoon Robert Kuok led by none other than UMNO stalwart cum Tourism and Culture Minister Dato Seri Mohamed Nazri Abdul Aziz, reflects the ruling coalition’s desperation to remain in power, at all cost.

Outspoken social activist Tan Sri Robert Phang reckoned that the hostile remarks levelled against Kuok based on some false allegations made by fugitive blogger Raja Petra Kamaruddin (RPK), may be a ‘politically-motivated-and- premeditated’ ploy to whip up anti-Chinese sentiments ahead of the country’s general election.

In three articles published in his blog Malaysia Today between February 21 and 23, RPK has accused Kuok of trying to overthrow the BN government in the next general election by funding DAP, which both Kuok and DAP supremo Lim Kit Siang have categorically denied. Kuok is also currently looking into legal action against RPK.  Some political observers have described the attacks on Kuok as a piece of political opportunism to hit out at the Chinese-majority opposition DAP and stoke Malay fears of a Chinese takeover.

In his follow-up statement issued today, Phang who is also a founder and chairman of the Social Care Foundation, said the recent attempt by Nazri trying to pit one community against another showed that some political leaders in the ruling coalition have lost their moral compass in their desperation to remain in power.  “This (move of using Kuok to whip up anti-Chinese sentiments) is a very irresponsible, dangerous and despicable move that should be downright denounced by each and every right-thinking and peace-loving Malaysian, regardless of one’s race and religious background.

“It has become even more urgent now that we, Malaysians of all races, must unite against those power-crazy politicians who have no qualms to inflict chaos and serious harms to the nation and the people, in order to achieve their selfish agendas,” he asserted.  He also advised the Chinese community, the leaders especially, to remain calm and not to overreact to the issue, so as not to fall into the entrapment of the perpetrators.  “In fact, the best way to punish this bunch of unscrupulous politicians is to vote them out in the coming general election,” he reiterated.

He went on to note that the subsequent ‘show of protest’ conveniently put up by various MCA leaders against Nazri, inevitably gave many an impression that the whole episode could be just another ‘good cop vs bad cop’ play act designed to portray MCA as the ‘protector and defender’ of the Chinese community.
   
Phang who is also a former Panel Commissioner of Malaysia Anti-Crime Commission and executive council member of the Malaysia Crime Prevention Foundation also said he felt sorry for Kuok that he had to endure such an unnecessary-and-outrageous attack by BN leaders, close to labeling him as a traitor, when the whole world recognized his enormous contributions to Malaysia, through his many business ventures that undeniably helped create jobs for Malay­sians and promote growth in local industries.

Meanwhile, Phang also urged civil society organizations (CSOs) in the country to come out in full force to state their disapproval against such malicious move of using Kuok to fan racial sentiment.  “In fact, we Malaysians of all races, should put on record that we shall hold Nazri responsible should there be any social unrest in the country due to this event. It’s puzzling that Nazri’s reason for not apologizing was because he relied on the fugitive blogger’s comments, which Kuok had categorically denied and in the midst of looking into initiating legal action against the said blog.

“It’s further confusing because Nazri has chosen to assume that the blogger’s comments were the truth when BN has been lamenting that fake news are rampant in the social media. In the past, the same blogger was accused by BN for blowing up faked news. How can the same blogger be trusted when he was accused otherwise in the past?” said Phang. He nonetheless believes under the circumstances, majority of the right-thinking Malaysian would like to ensure that Malaysia is a beautiful place to live with lasting harmony amongst all the races.

He also cited the famous quote by Roman Statesman, Marcus Tullius Cicero – that “A murderer is less to fear. The traitor is the plague.” to describe those in the corridors of power who are willing to pawn the nation and the people, in order to achieve their political agenda.

Cicero was quoted to have said during one of his speeches in the Roman Senate: “A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murderer is less to fear. The traitor is the plague."

“Nazri, stop all your nonsense and kurang ajar attitude or you will have to pay for the price.  If you do not apologize, for sure BN is going to lose more seats.  Can you afford to bear the responsibility? Perhaps our able Prime Minister should be seen to be doing the right thing in a more convincing way this time, such as removing this ‘loose cannon’ from the Cabinet and stripping him of his ministerial post. I believe many right-thinking Malaysians would also agree with me that we should not have a thuggish character as our Minister of Tourism and Culture,” he concluded.

 Thank you and God bless.

 “HUMBLENESS IS A GOOD VIRTUE, ARROGANCE SHALL FALL AND THE MEEK WILL RULE THE WORLD”.

Tan Sri Datuk Robert Phang Miow Sin.
Justice of the Peace.