Why Kadir Jasin is angry with Najib
Actually, AKJ is very angry with Najib because he was trying to sell his collapsing company to Umno back in early 2015 but Umno refused to buy it. AKJ also wanted to take over as the new Chairman of Media Prima and that, too, the Prime Minister refused to entertain. And that is why AKJ is going all out to attack Najib.
THE CORRIDORS OF POWER
Raja Petra Kamarudin
On Saturday, 16 April 2016, A. Kadir Jasin (AKJ) was still on the attack in his Blog posting ‘Is the Donation Issue Really Over?’ (READ HERE)
AKJ is presenting himself as a caped crusader who only wants to see good things for the country. If AKJ wants to attack others, for example the Prime Minister, he must first make sure that he himself is clean and is above reproach. If he himself has been involved in the same shenanigans that he says Najib Tun Razak is involved in, then he loses the moral high ground and has no business in whacking Najib.
Actually, AKJ is very angry with Najib because he was trying to sell his collapsing company to Umno back in early 2015 but Umno refused to buy it. AKJ also wanted to take over as the new Chairman of Media Prima and that, too, the Prime Minister refused to entertain. And that is why AKJ is going all out to attack Najib.
The fact is AKJ was an Umno crony who made big money through his Umno connections. And Malaysia Today has told this story before, three years ago, which you can read here:
So, because Najib refused to bail out AKJ, he had no choice but to wind down his operations instead of raking in millions. And that is why he joined the Anti-Najib Campaign (ANC) and is now fiercely anti-Najib. It is merely because Najib refused to give him money.
Anyway, you can read more below:
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It’s sad that Berita Publishing Sdn Bhd – the only Malay publishing house after the demise of Pustaka Antara in the 80s – have to put an end to four of its magazines.
I have lived through its owner Datuk A Kadir Jasin, who took over the company from NSTP in 2000, hoping it would emerge as a leading magazine publisher.
After all the spicks and specks, he managed to turn around the ailing entity in four years before a ‘major’ contract with an airline was cut off during Abdullah Badawi era as prime minister. However, he continues to steer Berita Publishing by offering new products and ‘better journalism’.
I am more shocked that Malaysian Business, which has been on the shelves for about 20 years, is affected, apart from Jelita, Anjung Seri and Madam Chair. (http://justread-whatever.blogspot.co.uk/2015/07/berita-publishing-sad-story.html)
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(Malaysiakini, 1 July 2015) – Berita Publishing Sdn Bhd, one of the oldest publishers in the country, is opting out of the magazine publishing business, a company official says today.
Sources had earlier told KINIBIZ that staff of the company’s various magazines had been laid off and given compensation and that the company was likely closing down for good.
However, Berita Publishing executive director Juhaidi Yean Abdullah told KINIBIZ that the company is not closing down. “We have ceased to publish the magazines,” he said over the phone.
Commenting on the reasons the company is pulling out of the magazine business, Juhaidi said that it is because of a general business downtrend and the imposition of the goods and services tax (GST) on magazines.
He explained that since April, many retailers have not been carrying magazines on their shelves due to upgrading their cashier machines following the GST regulations.
“They (retailers) have been given a grace period up to September-October to upgrade their cashier machines. In the meantime, magazines don’t get sold and have been returned and this is not profitable for us,” Juhaidi said.
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(Free Malaysia Today, 2 July 2015) – Berita Publishing has announced that it intends to exit the magazine publishing business in the wake of poor sales since the implementation of the Goods and Services Tax (GST) on April 1, reports news portal mStar Online.
Managing Director Juhaidi Yean Abdullah claims that the business was no longer viable, pointing to the fact that 28,000 of 30,000 of the copies printed recently had been returned unsold by vendors.
“Factors which have contributed to this decision are increased competition, poor advertising revenue, difficulty in maintaining staff and the ‘killer’ factor, GST,” Yean told mStar Online.
The publisher, which began in 1973 as part of the New Straits Times stable, published various titles including Malaysian Business, Jelita, Anjung Seri and Madam Chair.
Yean said that many newsvendors had stopped selling its magazines after the government implemented GST because they were reluctant to upgrade their cash registers by October this year as mandated by the authorities.
The decision has cost 50 experienced employees their jobs, including several with up to 40 years’ experience in their respective fields, particularly in marketing, distribution, editorial and administration.
“Apart from paying them appropriate compensation, the company has also issued them with testimonials and assisted in securing permanent employment for them,” Yean was quoted as saying.
He said the company, which will retain 10 of its staff, intends to shift its focus to contract and other forms of publishing.
It is also looking to venture into consultancy services.
