Sunday, 27 December 2015

Exploring An Infinite Profiteering Bussiness In Malaysia

Future money will be better money. In fact it is always seeking to become the best money that is, ideal money. The social inventions of money and finance are like heat-seeking missiles, always seeking to burst out of confinement and to hit their target... infinite wealth. The word "infinite" here is not the same as infinity. It is impossible to have wealth that is numerically equal to infinity but simply refers to an indefinitely large quantity. It is also important to note that we are measuring here the total wealth of a single entity or group
that will own an infinite amount of wealth.

At the base of our new financial philosophy, the amount of wealth that can be created while simultaneously maximizing the quality of money is directly proportional to the amount of knowledge in the heads of individuals. This is not to suggest that growth only involves new knowledge never known by anybody even if commonly known knowledge of currently wealthy people can spread to the millions and billions of individuals on the planet, a proportionate increase in monetary wealth is possible.

A good example of an infinite profiteering bussiness in Malaysia, KLIA Ekspres Rail Link (ERL). A non-stop airport rail link service linking Kuala Lumpur Sentral (KL Sentral) with Kuala Lumpur International Airport (KLIA). The service is one of the two services on the Express Rail Link (ERL), sharing the same tracks with KLIA Transit which stops at all stations along the line. The service is run by Express Rail Link Sdn. Bhd. which began its operations on 14 April 2002.

A little bit about them. Express Rail Link Sdn Bhd (ERLSB) has been awarded the concession on 25 August 1997 to finance, design, construct, operate and maintain the KLIA Ekspres and KLIA Transit and other ancillary activities related to railway services from 30 years. ERLSB’s shareholders are YTL Corporation Berhad, Lembaga Tabung Haji, SIPP Rail Sdn Bhd and Trisilco Equity Sdn Bhd with 45%, 36%, 10% and 9% shareholding respectively. The KLIA Ekspres which commenced operation on 14 April 2002 is a daily high speed, non-stop air-rail connection between KLIA and Kuala Lumpur City Air Terminal (KL CAT).

The other ancillary activities are retail space provisioning at KL CAT and advertising spaces on the trains, stations and InfoScreen. ERLSB is operated by a team of one hundred, proficient personnel from various departments i.e. Marketing and Sales Management, Office Services Management, Air Rail Services Management, Human Resource and Training Management, Information & Services Management, Finance and Revenue Management and Customer Services Management.

The train operation and maintenance is efficiently managed by ERLSB wholly owned subsidiary, ERL Maintenance Support Sdn Bhd (E-MAS). E-MAS was established in 1999 and initially owned by Siemens and ERLSB with shareholding portion of 51% and 49% respectively. After three years in operation i.e. in June 2005, ERLSB took over Siemens shareholding whilst E-MAS continue to operate and maintain the train system with its three hundred (300) experienced and competent personnel under the ERLSB flagship. The Concession Design, finance, construct, manage, operate and maintain a high-speed air-rail system between Kuala Lumpur City Air Terminal (KL CAT) at the Kuala Lumpur Sentral Station and Kuala Lumpur International Airport (KLIA) under the Build, Operate and Transfer privatization system for a period of 30 years. The Concession Agreement between Express Rail Link Sdn Bhd (ERLSB) and the Ministry of Transport was signed on 25 August 1997. Refer here.

ERL fare hikes have been used by certain parties, to suppress DS Najib administration through fare increases. Regardless of who the real owner of the ERL and agreements biased in favor of the owner, they launch relentless attack up to the unreasonable levels to DS Najib and his administration.

Malaysia Today has revealed how Tun Mahathir during his tenure as Malaysia Prime Minister, providing advantages to his cronies by providing infinite profiteering bussiness. One of the example given, ERL.

When Tun Mahathir retires, Malaysia's GDP is only a quarter of the existing now. However, Tun Mahathir ruled for 22 years, the GDP of the country increased from USD25 to USD90 billion. However, between 2003 and 2015 (13 years ), GDP of the country has increased to USD340 billion. Read more HERE :

Another disclosure surfaced over the years. Malaysian in particular, the loyal devotee of Tun Dr. Mahathir who till this day refuse to believe that the anger of Tun Mahathir towards DS Najib Abdul Razak is actually caused by interruption of cronies who gave him discretion over his 22-year administration. The two successors had to restore a lot of white elephants which was created before. Read more HERE :

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