Carolyn Khor's blog

Press statement by YB Zuraida on NFCorp’s failed takeover by Japanese company Prime Minister Najib Razak should just liquidate the National Feedlot Corporation and recover the RM250 million soft loan that was given to the agricultural company run by Sharizat’s family. That is the only way to hold Sharizat’s family accountable for the mismanagement of funds. The board of directors which includes Sharizat’s husband and children inappropriately spent the people’s money on luxury items unrelated to the agricultural business like purchasing high-end condominiums and prestigious cars. It is simply illogical that any company would want to inject RM20 million into a debt-ridden company that operates at a loss with no foreseeable opportunity for a turnaround. For Kirimitomas Agro to even consider a deal like that, we can only imagine what negotiations went on behind closed doors. Regardless, it is still not a worthwhile deal. Kirimitomas Agro would be better off just starting with ...

Link to MSN Malaysia While some might attribute the recent heavy rainfall as an act of God, some blame it on climate change, rapid developments and inefficient drainage. Penang experienced unusually heavy rain in the last few days and will be expecting more to come as metrological images show strong wind and vapours forming over the Indian Ocean heading over to this part of the region. Landslides and fallen trees were reported in several parts of the island and floods afflicted many areas throughout the state. All state-related personnel are on high alert for high-tide peak hours and are closely monitoring the situation. Chong Eng, the Penang State EXCO for Youth and Sports, Women’s Development, Family and Community was among those whose house was flooded early in the morning five days ago at Kampung Padang Lalang in Bukit Mertajam. She said, “While climate change is beyond our human control, we in government should do whatever humanly possible to reduce flood ...

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