So wonderful to discover this podcast! Your father was at the Alpha Leadership Conference this year, but I couldn't get into his seminar. So many of us couldn't. That's how popular he was! Lovely to be able to hear more of his wisdom here.
Thank you for the amazing discussion Leon & Dato Sri, I enjoyed every moment of it and can’t wait for next week’s podcast. Looking forward to it! God Bless
Good Evening DSIdris & Leon...such a wonderful knowledge sharing EP29. Kaizen Steps so succintly explained as to how to successfully navigate any pitfalls or shortcomings for successful operations of any Business Model. It reminds me of DSIdris Talent in restructuring & as A Turn Around Specialist [ MAS, PEMANDU etc]. It truly resonates well with the Strategies of Business Success Model in the Book " The Mind of the Strategist" by Kenichi 0hmae. I am also amazed by Leon's talent & interpersonal skills/ soft skills in handling this Episode with utmost care & intelligence the approach in asking the right questions & getting the maximum answers frm his Dad. A very insightful thought sharing session. Keep it up. Thks for sharing. Hv a pleasant week.
Praise JESUS CHRIST Brother Leon, love to hear if able to share how you came to know JESUS personally & I sure dad & mom would have been very joyful above all their great successes
I wish a future podcast on the new Sarawak airline where the territory acquired from Khazanah recently. Interesting to see how the new airline conecting the dot internally as well as regionally thank you very much.
V informative n podcast. Directly related to MAS present situation n why. All bec of politicians involvement in business. Overtaking d experts n undermining for their political agenda. Can they save MAS now??
Rm750mil for 16% stake in the healthcare group, grossing this up is equivalent to Rm4.7bil, which isn’t similar to the Rm8bil market cap of Sunway group. Just curious how do you bridge this gap ?
It is his biggest regret in which he repeated it few times. Too bad it happened. It is a lost to Malaysia actually. And unfortunately it is still happening right now.
I think MAS was very wrong to consider AA their rival… they should go against SAS.. AA is low cost airline, MAS is a premium airlines.. so sure it caused NAS status go down as well as its share and value…
Obviously there is a great synergy to merge Qantas and MAS but the key stumbling block is the optics of losing majority shares in our national airline. In order to overcome this optics, why can’t you broker the deal to allow Qantas to own maybe 49.9% shares of MAS and MAS owns maybe 20% shares of Qantas? Just like the deal done between Proton and Geely?
I worked closely on this proposed transaction. Actually, the proposed structure with Qantas was for Malaysia to own a majority of the joint airline in Malaysia and Australia to own a majority in of the joint airline in Australia. The collective profitability however will be split differently between the Australian and Malaysian entity. This is also so that the traffic rights (which is a G-to-G matter) with is associated to the airline AOC can be maintained. So in Malaysia, MAS will still be owned by Malaysia.
@@eujinsong8286 All this is just speculation, and on paper, it looks good. In reality, no one knows. It was NOT to be, because too much UMNO political self-interest was involved. no?
@@alexlong3714Not sure which part you're referring to as speculation and on paper. The assessed benefits of a potential merger is clear and, as Idris mention, done to a very detailed/granular level based on actual data at that time. It is too broad and unfair to say it was down to just UMNO, as an organisation, for the transaction not happening. Other external non-airline business related factors including timing may be potential contributing factors. But safe to say, in my opinion, Malaysia Airlines and Qantas would be different today and highly likely to be better off had it happen then.
Dont think MAS can rise fr its ashes unless magic happens. With a big domestic market, yet it fails to perform anyway compare to SQ in tiny dot Sg wt no domestic mkt. 😢
Sunway reap the benefit of the sale to GIC. But sadly the same didn't happen to Axiata despite many strategic deals to divest strategic stakes in edotco and Axiata digital
V informative n podcast. Directly related to MAS present situation n why. All bec of politicians involvement in business. Overtaking d experts n undermining for their political agenda. Can they save MAS now??
So wonderful to discover this podcast! Your father was at the Alpha Leadership Conference this year, but I couldn't get into his seminar. So many of us couldn't. That's how popular he was! Lovely to be able to hear more of his wisdom here.
This great person IDRIS JALA should be the one helming and leading SARAWAK politics now... So visionary and the best person of personality...
Politics is a different business...he is great in corporate world..maybe he should become advisor for SWK GLC
@@izwansafuani4197 look at Dr. Mahathir. Who said he can't lead?
@@AlexJon-h8m mahathir was a doctor before he join politics...he never a corporate leader
DS Idris, you are a great technocrat. Malaysia will benefit more if you take part in policy or law making. Such a visionary practitioner!
Thank you for the amazing discussion Leon & Dato Sri, I enjoyed every moment of it and can’t wait for next week’s podcast. Looking forward to it! God Bless
Thank u v much Dato’ Sri Idris and Leon for the insight into some of inside stories of the M&A. Valuable lessons indeed .
Dear DS Idris , it was a great pleasure working under your administration. Thank you for your support and guidance !
Good Evening DSIdris & Leon...such a wonderful knowledge sharing EP29. Kaizen Steps so succintly explained as to how to successfully navigate any pitfalls or shortcomings for successful operations of any Business Model.
It reminds me of DSIdris Talent in restructuring & as A Turn Around Specialist [ MAS, PEMANDU etc]. It truly resonates well with the Strategies of Business Success Model in the Book " The Mind of the Strategist" by Kenichi 0hmae.
I am also amazed by Leon's talent & interpersonal skills/ soft skills in handling this Episode with utmost care & intelligence the approach in asking the right questions & getting the maximum answers frm his Dad.
A very insightful thought sharing session. Keep it up. Thks for sharing. Hv a pleasant week.
Praise JESUS CHRIST Brother Leon, love to hear if able to share how you came to know JESUS personally & I sure dad & mom would have been very joyful above all their great successes
I wish a future podcast on the new Sarawak airline where the territory acquired from Khazanah recently. Interesting to see how the new airline conecting the dot internally as well as regionally thank you very much.
V informative n podcast. Directly related to MAS present situation n why. All bec of politicians involvement in business. Overtaking d experts n undermining for their political agenda. Can they save MAS now??
Love this podcast ~! Keep em coming
Rm750mil for 16% stake in the healthcare group, grossing this up is equivalent to Rm4.7bil, which isn’t similar to the Rm8bil market cap of Sunway group. Just curious how do you bridge this gap ?
It’s valued for their healthcare unit. Grossing up for their conglomerate asset shows they are vastly undervalued
Thanks.
IDRIS JALA for Sarawak Premier!! The best person to lead Sarawak now after 60 years of failures!!!
It is his biggest regret in which he repeated it few times. Too bad it happened. It is a lost to Malaysia actually. And unfortunately it is still happening right now.
I think MAS was very wrong to consider AA their rival… they should go against SAS.. AA is low cost airline, MAS is a premium airlines.. so sure it caused NAS status go down as well as its share and value…
Good sharing guys . Cheers
MAS, mana ada system, we need a man to create a system, sadly this political optic has been a barrier at the expense of the nation.
there is no M&A', only who swallows who
I call it first - Celcom and Digi a failed merger...
Obviously there is a great synergy to merge Qantas and MAS but the key stumbling block is the optics of losing majority shares in our national airline. In order to overcome this optics, why can’t you broker the deal to allow Qantas to own maybe 49.9% shares of MAS and MAS owns maybe 20% shares of Qantas? Just like the deal done between Proton and Geely?
Thats bcuz gov cant spare the brass task
Politics killed the deal, same thing was and is still hindering MAS till today. For that matter it's the same problem in every GLC in Malaysia.
I worked closely on this proposed transaction. Actually, the proposed structure with Qantas was for Malaysia to own a majority of the joint airline in Malaysia and Australia to own a majority in of the joint airline in Australia. The collective profitability however will be split differently between the Australian and Malaysian entity. This is also so that the traffic rights (which is a G-to-G matter) with is associated to the airline AOC can be maintained. So in Malaysia, MAS will still be owned by Malaysia.
@@eujinsong8286 All this is just speculation, and on paper, it looks good. In reality, no one knows. It was NOT to be, because too much UMNO political self-interest was involved. no?
@@alexlong3714Not sure which part you're referring to as speculation and on paper. The assessed benefits of a potential merger is clear and, as Idris mention, done to a very detailed/granular level based on actual data at that time.
It is too broad and unfair to say it was down to just UMNO, as an organisation, for the transaction not happening. Other external non-airline business related factors including timing may be potential contributing factors.
But safe to say, in my opinion, Malaysia Airlines and Qantas would be different today and highly likely to be better off had it happen then.
Dont think MAS can rise fr its ashes unless magic happens. With a big domestic market, yet it fails to perform anyway compare to SQ in tiny dot Sg wt no domestic mkt. 😢
Mas destroyer😅
Sunway reap the benefit of the sale to GIC.
But sadly the same didn't happen to Axiata despite many strategic deals to divest strategic stakes in edotco and Axiata digital
V informative n podcast. Directly related to MAS present situation n why. All bec of politicians involvement in business. Overtaking d experts n undermining for their political agenda. Can they save MAS now??