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Saturday, October 15, 2005

Diminish of East Malaysia bumiputra interest

On 12 October 2005, MP Datuk Wilfred Madius Tangau (BN 's Tuaran) asked about the equity ownership involving Sabah and Sarawak bumiputra ownership.

One of the most successful East malaysia bumiputra entrepreneur is Datuk Effendi Norwawi. One of his firm Enfiniti Productions has support one of his wife Tiara Jacquelina in producing a film call "Puteri Gunung Ledang". However, his TV station NTV7 is in the process of being taken over by Media Prima, which is running TV3 & 8TVstation.

Media Prima, is a company run by UMNO(according to a reply by Tun Dr Mahathir to allegation from Anwar Ibrahim) , representing a west Malaysia bumiputra interest.

The take over also resulting in "temporary" cease operationn of Wah! FM yesterday (15 October 2005). A Chinese radio station despite protest by chinese community.

The take over of NTV7 by TV3 view as East Malaysia bumiputra interest shifted to west Malaysia bumiputra.

Datuk Effendi still control Encorp Bhd

Earlier, RHB bank, a bank control by Sarawak government application to re-appointment of Datuk Seri Sulaiman Abdul Rahman Taib as executive Chairman did not receive Bank Negara's approval.

This has cause the diminish of East Malaysia Bumiputra influence in corporate Malaysia.

Other influential East Malaysia bumiputra control company is timber company Ta Ann.

When India community demand quota system on equity participation. One columnist has stated his comment on a mainstream chinese newspaper that soon, East Malaysia community would demand their quota....Quota for Kadazan Dusun Dayak each .






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1 comment:

mystic said...

East Msia vs West Msia bumi equity?? I shall wait and see what happens next.

On RHB, although Dato Sri Sulaiman isnt the exec chairman but he's still the biggest shareholder, so I suppose its not that bad.