Monday 18 March 2013

Rare insight into Syed Mokhtar


Listed as the seventh richest Malaysian with a net worth of US$3.3 billion, not much is known from the media-shy Syed Mokhtar.
Syed Mokhtar Albukhary
Syed Mokhtar Albukhary : A Biography
Syed Mokhtar Albukhary, A Biography
Author: Premilla Mohanlall
Publisher: PVM Communications
MY first meeting with tycoon Tan Sri Syed Mokhtar Albukhary went off in a rather unusual way. The year was 2004 and he had wanted to meet someone from The Star to make known his views over his fight with another tycoon, the late Tan Sri Nasimuddin SM Amin, over DRB-Hicom.
Syed Mokhtar felt the media favoured the Naza Group boss over him and he wanted to give his side of the story.
Both were battling over a strategic 15.8% block of shares in DRB-Hicom held by three parties, including the estate of the late Tan Sri Yahaya Ahmad, and the rivalry was billed as the “Fight of The Big Boys.”
The series of newspaper headlines had forced the reclusive Syed Mokhtar to come out and talk to this writer to put the record straight.
Our meeting at the business centre of a five-star hotel at Jalan Sultan Ismail was fixed at 9pm but he only turned up near midnight. Although he was dressed in a white long-sleeved shirt, I noticed that he only wore sandals. He was over two hours late.
His aides had warned me that he would probably be “waylaid” on the way there by businessmen and politicians, most of whom would ask for business deals or favours.
To avoid such disruptions, he shuttles between his house at affluent Bukit Tunku – which he bought since he became a millionaire bachelor – and the hotel to meet his associates and contacts. The other meeting point is the Islamic Arts Museum near the National Mosque.
The other rather unusual meeting spot is an Indian restaurant at Jalan Pahang. To this day, he carries with him a tumbler of tea, made by a particular waiter, from the eatery.
“If (the late Tan Sri) Loh Boon Siew can meet his friends at a coffeeshop every morning, I see no reason why I cannot enjoy my teh tarik at the shop, saya pun tong san mali, like him,” he told me, referring to Boon Siew’s ancestral roots from China. Syed Mokktar’s ancestral roots, on the other hand, can be traced to Central Asia.
By the time we finished our conversations, it was close to 2am. As I put down my pen and was about to close my note book, he suddenly told me that our discussions were entirely off the record and he was not to be quoted.
The publicity-shy businessman has never been at ease with journalists but I wasn’t going to allow Syed Mokhtar to have his way. I told him, in no uncertain terms, that if that were so, I would have wasted my entire evening with him, and whether he liked it or not, I was going to put him on record.
I must have made an impression on him because as we got to know each other better, he was prepared to share his private thoughts with me regularly – but still never on record.
But the media is still biting on Syed Mokhtar and, in some ways, he is to be blamed as he has never made himself available to journalists, preferring to let his aides do the talking. In fact, bankers also complain that he never meets them!
Interestingly enough, a whole chapter is devoted to his dealings with the media in his biography that has just hit the bookstores written by Premilla Mohanlall, a writer and a public relations practitioner.
“I wonder why I get bad press when others who have abused the system for personal gains have not been subjected to such media scrutiny. Perhaps it is time to come out and defend myself,” he said in the book.
The 180-page book is very readable, starting with his childhood days in a village attap house with no piped water and electricity, where the toilet was a pit latrine. It traces Syed Mokhtar’s first experience of doing business under his cattle trader father in Alor Star. His father migrated to Kedah from the Afghan region of Central Asia via India and Thailand.
The book gives a rare peek into his family life and how the family’s financial constraints forced Syed Mokhtar to stop schooling after Form Five, while his siblings were able to continue. There was also his early growing-up years with a soldier uncle in Johor Baru.
He takes pride calling himself a businessman with no diplomas, and his ability to speak the layman’s language is obvious in the book. Much space is dedicated to his early days as a travelling salesman, when he had to sleep in the lorries and on bug-infested beds in cheap hotels.
The point that Syed Mokhtar seems to want to tell his readers is that he did not get his wealth on a silver platter. While the affirmative action of the New Economic Policy had helped him, he worked hard and fought hard. He was not the type who cashed out after getting the pink forms.
In short, he went through the good and bad times, like many well-tested businessmen. The 1997 financial crisis saw his assets shrank from RM3bil to RM600mil.
“Eighty per cent of my market capitalisation was wiped out. There was a lot of pain and hardship. Many people thought I would pack up and leave. I am a fighter, with a strong will to survive.
“I lost countless nights of sleep, I lost hair, but I did not lose sight of one thing: my responsibility to safeguard strategic bumiputra assets and to protect the interests of my staff.”
Today, he has 110,000 staff under his payroll and indirectly about 250,000 other Malaysians, particularly vendors, since he acquired Proton this year.
Syed Mokhtar’s close ties with Tun Dr Mahathir Mohamad is well documented but in this book, Syed Mokhtar spoke vividly, if not humorously, of their first encounter.
It was Thursday, Jan 16, 1997 and the time was 2.30pm – Syed Mokhtar entered the office of the former Prime Minister.
“I greeted him with a salam and he stood before me, with his hands folded across the chest. He did not wave for me to take a seat when he sat down. I was sweating, and decided to sit down to present the documents I had prepared to explain all my businesses in Kedah, Kuala Lumpur and Johor.
“It included building plans for a new project in Alor Star, a sprawling development with a mosque and a health and welfare facilities for the poor as well as an international university for disadvantaged communities around the world.
“The Prime Minister listened carefully, without saying a word. By the time I was done, it was an hour and ten minutes. Still, not a word. I left the documents on his desk and took leave.”
Not long later, Syed Mokthar, who was still asleep, received a call from Dr Mahathir himself with a simple message: “Your matter in Kedah is settled.” That is of course vintage Dr Mahathir, the man who has no time for small talk and offered few words.
Apart from his numerous business ventures, Syed Mokhtar also writes in detail of his numerous charitable works.
Almost every year, his Albukhary Foundation hosts two iftar or fast-breaking dinners for over 3,000 needy people. The foundation currently has a few flagship projects, including the Islamic Arts Museum built in 1998.
In 2001, the foundation launched the Albukhry Tuition Programme to help the underachieving rural school children pass their final high school examination. At the end of the programme, nine years later, about 80,000 students from 500 schools had benefited from these remedial classes.
His foundation has also extended help to survivors of earthquakes in China, Pakistan and Iran, and the tsunami in Indonesia. It has also built an AIDS hospital in Uganda and a girls’ school in Nepal as well as helped support the Sarajevo Science and Technology centre.
An interesting chapter is on his role as a family man. Syed Mokhtar has never touched on his private life in any interview, which has been rare, in any case.
The father of seven children, between the ages of two and 18, revealed how his typical meetings start at 10pm and finish at 3am “and is held seven days a week and has been a routine for more than 20 years.”
“Fortunately, my wife comes from a business family and understands this. Initially, I had to explain the arrangement to her, and she accepted it. Except for family holidays, in our 20 years of marriage, I don’t think I have spent many evenings at home after 10pm,” he wrote.
Syed Mokhtar married in 1992 at the age of 41 to then 24-year-old Sharifah Zarah. There are also rare pictures of his family in the book.
Although the book is, no doubt, a public relations exercise, the right questions have been posed by the writer, including the public’s perception of his many acquisitions and the common criticism that he has more than he can chew.
He also answered the issue of the shareholding structure of his companies that could not be traced to him, acknowledging “it is an old habit that has to change.”
Syed Mokhtar hasn’t changed much. He is rarely seen in public functions. He is still more at ease in short-sleeved shirts and sandals. The billionaire now travels on a private jet but in town, he still drives around in his old Proton Perdana.

Saturday 16 March 2013

Check out the view from the mountain tops with Google Maps

CHECK IT OUT: The route to Everest Base Camp is one of the most popular trekking routes in the Himalayas and is visited by thousands of trekkers each year. However you can visit it 'virtually' through Google Maps. - Google
CHECK IT OUT: The route to Everest Base Camp is one of the most popular trekking routes in the Himalayas and is visited by thousands of trekkers each year. However you can visit it 'virtually' through Google Maps. - Google

Want to view the sights from a top of the mountain without undergoing the treacherous elements and the hazardous climb?
Well, you now can do so with Google Maps. Google Maps has come up with a collections of images of some of the world's most famous mountains from South America, Africa, Europe and Asia.
You can see the beautiful sights from the peak of Aconcagua (South America), Kilimanjaro (Africa), Mount Elbrus (Europe) and the views from Everest Base camp (Asia), all without leaving your home. These mountains are known as the Seven Summits as they are the highest mountains from the seven contintents.
The imagery that you will see have been collected by regular Googlers who have climbed the mountains and have photographed the images using a simple lightweight tripod and digital camera with a fisheye lens.
To see more of this collection, visit the Street View Gallery or download Google Maps on your iPhone or Android device.

Friday 15 March 2013

'' BANANAS...'' A very interesting FACTS


Never, put your banana in the refrigerator!!!... 
This is interesting. After reading this, you'll never look at a banana in the same way again. 

Bananas contain three natural sugars - sucrose, fructose and glucose combined with fiber. A banana gives an instant, sustained and substantial boost of energy.

Research has proven that just two bananas provide enough energy for a strenuous 90-minute workout. No wonder the banana is the number one fruit with the world's leading athletes.

But energy isn't the only way a banana can help us keep fit. It can also help overcome or prevent a substantial number of illnesses and conditions, making it a must to add to our daily diet.

DEPRESSION:
According to a recent survey undertaken by MIND amongst people suffering from depression, many felt much better after eating a banana. This is because bananas contain tryptophan, a type of protein that the body converts into serotonin, known to make you relax, improve your mood and generally make you feel happier.

PMS:
Forget the pills - eat a banana. The vitamin B6 it contains regulates blood glucose levels, which can affect your mood.

ANEMIA:
High in iron, bananas can stimulate the production of hemoglobin in the blood and so helps in cases of anemia.

BLOOD PRESSURE:
This unique tropical fruit is extremely high in potassium yet low in salt, making it perfect to beat blood pressure So much so, the US Food and Drug Administration has just allowed the banana industry to make official claims for the fruit's ability to reduce the risk of blood pressure and stroke.

BRAIN POWER:
200 students at a Twickenham (Middlesex) school ( England ) were helped through their exams this year by eating bananas at breakfast, break, and lunch in a bid to boost their brain power. Research has shown that the potassium-packed fruit can assist learning by making pupils more alert.

CONSTIPATION:
High in fiber, including bananas in the diet can help restore normal bowel action, helping to overcome the problem without resorting to laxatives.

HANGOVERS:
One of the quickest ways of curing a hangover is to make a banana milkshake, sweetened with honey. The banana calms the stomach and, with the help of the honey, builds up depleted blood sugar levels, while the milk soothes and re-hydrates your system.

HEARTBURN:
Bananas have a natural antacid effect in the body, so if you suffer from heartburn, try eating a banana for soothing relief.

MORNING SICKNESS:
Snacking on bananas between meals helps to keep blood sugar levels up and avoid morning sickness.

MOSQUITO BITES:
Before reaching for the insect bite cream, try rubbing the affected area with the inside of a banana skin. Many people find it amazingly successful at reducing swelling and irritation.

NERVES:
Bananas are high in B vitamins that help calm the nervous system..

Overweight and at work? Studies at the Institute of Psychology in Austria found pressure at work leads to gorging on comfort food like chocolate and chips. Looking at 5,000 hospital patients, researchers found the most obese were more likely to be in high-pressure jobs. The report concluded that, to avoid panic-induced food cravings, we need to control our blood sugar levels by snacking on high carbohydrate foods every two hours to keep levels steady.

ULCERS:
The banana is used as the dietary food against intestinal disorders because of its soft texture and smoothness. It is the only raw fruit that can be eaten without distress in over-chronicler cases. It also neutralizes over-acidity and reduces irritation by coating the lining of the stomach.

TEMPERATURE CONTROL:
Many other cultures see bananas as a 'cooling' fruit that can lower both the physical and emotional temperature of expectant mothers. In Thailand , for example, pregnant women eat bananas to ensure their baby is born with a cool temperature.

So, a banana really is a natural remedy for many ills. When you compare it to an apple, it has FOUR TIMES the protein, TWICE the carbohydrate, THREE TIMES the phosphorus, five times the vitamin A and iron, and twice the other vitamins and minerals.. It is also rich in potassium and is one of the best value foods around So maybe its time to change that well-known phrase so that we say, 'A BANANA a day keeps the doctor away!'

PASS IT ON TO YOUR FRIENDS...
PS: Bananas must be the reason monkeys are so happy all the time! I will add one here; want a quick shine on our shoes?? Take the INSIDE of the banana skin, and rub directly on the shoe...polish with dry cloth. Amazing fruit !!!

Thursday 14 March 2013

Child Marriages: 39,000 Every Day More than 140 million girls will marry between 2011 and 2020



NEW YORK, 7 March 2013 – Between 2011 and 2020, more than 140 million girls will become child brides, according to United Nations Population Fund (UNFPA).
If current levels of child marriages hold, 14.2 million girls annually or 39,000 daily will marry too young.

Furthermore, of the 140 million girls who will marry before the age of 18, 50 million will be under the age of 15.  
Despite the physical damage and the persistent discrimination to young girls, little progress has been made toward ending the practice of child marriage. In fact, the problem threatens to increase with the expanding youth population in the developing world.
“Child marriage is an appalling violation of human rights and robs girls of their education, health and long-term prospects,” says Babatunde Osotimehin, M.D, Executive Director, UNFPA. “A girl who is married as a child is one whose potential will not be fulfilled. Since many parents and communities also want the very best for their daughters, we must work together and end child marriage.”
Girls married young are more vulnerable to intimate partner violence and sexual abuse than those who marry later.
"Complications of pregnancy and childbirth are the leading cause of death in young women aged 15-19. Young girls who marry later and delay pregnancy beyond their adolescence have more chances to stay healthier, to better their education and build a better life for themselves and their families," says Flavia Bustreo, M.D., Assistant Director-General for Family, Women's and Children's Health at the World Health Organization. "We have the means at our disposal to work together to stop child marriage."
On March 7, a special session of the UN Commission on the Status of Women (CSW) will focus on child marriage. The Governments of Bangladesh, Malawi and Canada will jointly sponsor the session. It is held in support of Every Woman Every Child, a movement spearheaded by U.N. Secretary-General Ban Ki-moon that aims to save the lives of 16 million women and children by 2015.
The session will address the problems created by early marriages and ways to prevent them. Mereso Kiluso, a Tanzanian mother of five now in her 20s, who was married at 14 to an abusive man in his 70s, will describe her experience.
If child marriage is not properly addressed, UN Millennium Development Goals 4 & 5 - calling for a two-thirds reduction in the under-five mortality rate and a three-fourths reduction in the maternal deaths by 2015 - will not be met.
Child marriage - defined as marriage before the age of 18 - applies to both boys and girls, but the practice is far more common among young girls.
Child marriage is a global issue but rates vary dramatically, both within and between countries. In both proportions and numbers, most child marriages take place in rural sub-Saharan Africa and South Asia.
In South Asia, nearly half of young women and in sub-Saharan Africa more than one third of young women are married by their 18th birthday.
The 10 countries with the highest rates of child marriage are: Niger, 75 per cent; Chad and Central African Republic, 68 per cent; Bangladesh, 66 per cent; Guinea, 63 per cent;
Mozambique, 56 per cent; Mali, 55 per cent; Burkina Faso and South Sudan, 52 per cent; and Malawi, 50 per cent.
In terms of absolute numbers, because of the size of its population, India has the most child marriages.
What progress has been made to stop the practice has been in urban areas where families see greater work and education opportunities for young girls.

Tuesday 12 March 2013

5.369 juta penerima BR1M tunai baucer: Ahmad Husni

PUTRAJAYA: Sehingga semalam seramai 5.369 juta daripada 6.114 juta penerima Bantuan Rakyat 1Malaysia (BR1M) 2.0 telah menunaikan baucer masing-masing. 

Menteri Kewangan II, Datuk Seri Ahmad Husni Hanadzlah berkata, daripada jumlah itu, 1.376 juta yang menunaikan baucer ialah individu bujang dan 3.993 juta isi rumah. 

"Negeri paling ramai penerima yang menunaikan baucer ialah Selangor iaitu seramai 837,904 orang, diikuti Johor 729,124 dan Sarawak 623,673," katanya selepas majlis Perhimpunan Bulanan Kementerian Kewangan di sini, hari ini. 


Objektif utama BRIM 2.0 ialah untuk membantu seisi keluarga yang berpendapatan RM3,000 ke bawah dengan bantuan sebanyak RM500 dan individu bujang berumur 21 tahun ke atas yang berpendapatan bawah RM2,000 sebanyak RM250. 

Pada majlis itu, Kementerian Kewangan turut menyampaikan sumbangan untuk Tabung Wira Lahad Datu Media Prima berjumlah RM60,000. 

Sementara itu, Ketua Setiausaha Perbendaharaan Datuk Dr Mohd Irwan Serigar Abdullah berkata untuk menggalakkan semangat patriotik dalam kalangan warga kementerian, satu skuad Wataniah akan diwujudkan tidak lama lagi. 

"Permohonan untuk menyertai skuad itu baru dibuka, setakat ini telah menerima 30 permohonan dan kami yakin jumlah itu akan bertambah," katanya. - BERNAMA