AS the Edge reports that READ : Pharmaniaga at risk of large vaccine inventory impairment, let's not forget the people whom Khairy Jamaluddin put in place to make this all happen.
MAKE what happen? Well, cut Pharmaniaga so badly that it bled red ink to the tune of RM664.39 million, or 49.19 sen per share, in the fourth quarter ended Dec 31, 2022 (4QFY2022) as a result of RM552.3 million of impairment of Covid-19 vaccines. READ : State owned Pharmaniaga has become an affected listed issuer under Practice Note 17 (PN17) on the basis that Paragraph 2.1(a) of PN17 has been triggered in the company’s audited consolidated financial statements for the period ended Dec 31, 2022.
NOW, we haven't looked at the Government stockpile yet, but if you add all together, the nation would have suffered a loss of more than RM1.5 billion.
I can't stand this indecision
Married with a lack of vision
Everybody wants to rule the world
Say that you'll never never never never need it
One headline why believe it?
Everybody wants to rule the world
All for freedom and for pleasure
Married with a lack of vision
Everybody wants to rule the world
Say that you'll never never never never need it
One headline why believe it?
Everybody wants to rule the world
All for freedom and for pleasure
Nothing ever lasts forever
Everybody wants to rule the world
Everybody wants to rule the world
MEET Ahmad Zaki Zahid, the chief fourth floor boy during the reign of Abdullah Ahmad Badawi, who conviniently was appointed as READ : National Institutes of Biotechnology chairman.
NOW, that Covid 19 vaccines are no longer the money darling in town, Ahmad Zaki Zahid has found a more respectable job as READ : Chief Strategic Officer at Digital Nasional Bhd. I am truly amazed with the skill sets of this guy....