SenseCents: Mohd Nadzmi launches takeover of Transocean

Friday, November 6, 2009

Mohd Nadzmi launches takeover of Transocean

TRANSOCEAN HOLDINGS BHD [ ] chairman and managing director Datuk Mohd Nadzmi Mohd Salleh has launched a takeover of the loss-making logistics company by offering RM1 per share.

Transocean share price surged 21 sen to 86.5 sen on Friday, Nov 6 before it was suspended at 3.41pm. Trading in Transocean will resume on Monday, Nov 9 at 9am.

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A Constitution of Consensus* - TENGKU RAZALEIGH (6) (Sunder)

Keynote speech on the launch of the book, Multi-ethnic Malaysia
UCSI University, Cheras, October 16, 2009

It is not just Umno that needs to reform. The entire political system needs to change, to be in greater conformity with our Constitution and in the spirit of the Rukun Negara, which says from these diverse elements of our population, we are dedicated to the achievement of a united nation in which loyalty and dedication to the nation shall over-ride all other loyalties.’”

We should not expect our political parties to reform of their own accord. Leaders who owe their position to undemocratic rules and practices are the last people to accept reform. The people must demand it. I say we need a movement embraced by people at all levels and from every quarter of our rakyat, to establish a national consensus on how our political parties should conduct themselves from now on. In the spirit of the Rukun Negara, That consensus should be based on a set of principles such as the following:

1. All political parties are required to include in their constitutional objectives the equality of citizenship as provided for in the Federal Constitution.

2. An economic and political policy that political parties propagate must not discriminate against any citizen.

3. All parties shall include and uphold constitutional democracy and the separation of powers as a fundamental principle.

4. It shall be the duty of all political parties to adhere to the objectives of public service and refrain from involvement in business, and ensure the separation of business from political parties.

5. It shall be the duty of all political parties to ensure and respect the independence of the judiciary and the judicial process.

6. All parties shall ensure that the party election system will adhere to the highest standards of conduct, and also ensure that the elections are free of corrupt practices. Legislation should be considered to provide funding of political parties.

7. It shall be the duty of all parties to ensure that all political dialogues and statements will not create racial or religious animosity.

8. All parties undertake not to use racial and communal agitation as political policies.

9. To remove and eradicate all barriers that hinder national unity and Malaysian identity.

10. To uphold the Federal and State Constitutions and its democratic intent and spirit, the Rule of Law, and the fundamental liberties as enshrined in Part II of the Malaysian Constitution and the Universal Declaration of Human Rights. to be continued

Note: This column will be updated every Monday, Wednesday and Friday.

Friday, November 6, 2009

Mohd Nadzmi launches takeover of Transocean

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A Constitution of Consensus* - TENGKU RAZALEIGH (6) (Sunder)

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