Article 10 of the Constitution of Malaysia.

Yes, I am sure most of you do not know, or do not understand what is in the Constitution of Malaysia. Some may not even know that the country has a Constitution too. Anyways....

The Federal Constitution of Malaysia, which came into force in 1957, is the supreme law of Malaysia. The Federation was initially called the Federation of Malaya (in Malay, Persekutuan Tanah Melayu) and it adopted its present name, Malaysia, when the States of Sabah, Sarawak and Singapore (now independent) joined the Federation. The Constitution establishes the Federation as a constitutional monarchy having the Yang di-Pertuan Agong as the Head of State whose roles are largely ceremonial. It provides for the establishment and the organization of three main branches of the government: the bicameral legislative branch called the Parliament, which consists of the House of Representatives (in Malay, Dewan Rakyat) and the Senate (Dewan Negara); the executive branch led by the Prime Minister and his Cabinet Ministers; and the judicial branch headed by the Federal Court.

Recently, much talk have been said of Article 10 of the Constitution of Malaysia.

WHAT is ARTICLE 10???

According to Wikipedia - the Article 10 of the Constitution of Malaysia guarantees Malaysian citizens the right to freedom of speech, freedom of assembly and freedom of association. Unlike comparable provisions in constitutional law such as the First Amendment to the United States Constitution, Article 10 entitles citizens to such freedoms as are not restricted by the government, instead of absolutely guaranteeing those freedoms.

Subject to Clauses (2), (3) and (4) —

• (a) every citizen has the right to freedom of speech and expression;
• (b) all citizens have the right to assemble peaceably and without arms;
• (c) all citizens have the right to form associations.

Parliament may by law impose —

• (a) on the rights conferred by paragraph (a) of Clause (1), such restrictions as it deems necessary or expedient in the interest of the security of the Federation or any part thereof, friendly relations with other countries, public order or morality and restrictions designed to protect the privileges of Parliament or of any Legislative Assembly or to provide against contempt of court, defamation, or incitement to any offence;
• (b) on the right conferred by paragraph (b) of Clause (1), such restrictions as it deems necessary or expedient in the interest of the security of the Federation or any part thereof, or public order;
• (c) on the right conferred by paragraph (c) of Clause (1), such restrictions as it deems necessary or expedient in the interest of the security of the Federation or any part thereof, public order or morality.

Restrictions on the right to form associations conferred by paragraph (c) of Clause (1) may also be imposed by any law relating to labour or education.

In imposing restrictions in the interest of the security of the Federation or any part thereof or public order under Clause (2) (a), Parliament may pass law prohibiting the questioning of any matter, right, status, position, privilege, sovereignty or prerogative established or protected by the provisions of Part III, Article 152, Article 153 or Article 181 otherwise than in relation to the implementation thereof as may be specified in such law.

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According to item 1(b) - all citizens have the right to assemble peaceably and without arms... yes I would fully agree to it. Some people have said that is the Malaysian's rights. Yes I would agree once again... the cops have however said no to #Bersih. Why? Note the words again...

all citizens have the right to assemble peaceably and without arms

The questions here to be asked are...

1. Is the #Bersih 2.0 rally going to be a peaceful rally?

2. Is the #Bersih 2.0 rally going to be 'weapon-free'? - LOL... I think.. this one should be yes.

SO... it is in the question 1. How peaceful will it be?

The Week in Review.

Barisan Nasional's strong results at the Sarawak state elections was one of the reasons to cheer - hence pushing the local Bursa up this week. For the week, the KLCI index was up about 0.8 points, which is about 0.05% to close at 1,522.75 points. However, the KLCI underperformed as compared to its peers in the region for the week up to Thursday. The average daily trading value also declined to RM 1.55billion (about 11%), a dismal 22% below the three-month average of RM 2 billion.

I believe that the KLCI would be hovering at a support level of 1,500+ even if the market corrects further. I trust that the trend remains upwards for the various Asian equity markets, especially for the rest of April and into May 2011, to rebound from its March 2011 lows.

Looking at the immediate 1-2 weeks ahead, I believe the trend would show a slight correction, with the index testing the 1,500 mark or slightly lower.

In the past week, rubber prices declined, due to major inflations in China, raising speculations that interest rates will be increased - hence lowering demand for rubber. Despite the current situation in Japan, the local new vehicle sales surged to an all-time high of 63,265 units in March. While Japan considers major reconstruction, I think the demand for steel will very likely fall this year as all its major carmakers/manufacturers are slashing productions.

Further to that - I got sources that the Government is seriously considering a mega-merger between Proton and Perodua. What can we see out of it? A mega auto player in the region?

The RM1.1billion China Stationery to list on Bursa.

Our very own Bursa Malaysia welcomes the 7th China-national company to be listed on our Main Board. This listing - will be the largest of the seven, and its called China Stationery Limited, with a market capitalization of about RM1.1bil.

China Stationery Limited, with over 20 years in its portfolio is an experienced OEM manufacturer specializing in lever arch file, custom binder, sticky notes, memo pad, commercial printing and other office stationery products. They are amongst the most competitive market providers around.

For the listing on Bursa - China Stationery will be issuing about 94 million new shares of which 33.6 million shares will be made available to the Malaysian public via balloting, with the remaining 60.4 million shares for private placement. It will also make a restricted offer for sale of a minimum of 47.8 million shares and up to 54.65 million shares by way of private placement. It is doing pretty well financially, with a 30% net margin of RM 168million on the back of RM556 million turnover. The company also states that it has a dividend payout policy of not less than 20% based on its net profit distributable to its shareholders in respect of financial year ending Dec 31, 2011 onwards.

Sounds like a pretty good deal isnt it? One thing to note though... the other 6 China companies listed on Bursa? Not all of them are doing well, in fact, just SOZO is trading above its IPO price.

• Xingquan International Sports Ltd - RM 1.22 (IPO RM1.71)
• Multi Sports Holdings Ltd - RM 0.535 (IPO RM 0.85)
• XiDeLang Holdings Ltd - RM 0.435 (IPO RM 0.58)
• China Ouhua Winery Holdings Ltd - RM 0.545 (IPO RM 0.60)
• Sozo Global Ltd - RM 0.83 (IPO RM 0.80)
• Maxwell International Holdings Bhd - RM 0.51 (IPO RM 0.54)

Lets take a look at how our Bursa is doing today... =P

Looks like slightly in the red today...

Have a look also at the surrounding markets...

Looks like Hong Kong's Hang Seng is the only one thats up today.. =P

Anyways, have a good weekend!!! =P

Currently Reading - A Doctor in the House by Tun Dr Mahathir.

I dont usually read books. I mean, I actually dont enjoy reading.

This will be my attempt to actually read a book. LOL.

A Doctor in the House - Memoirs of Tun Dr Mahathir Mohamad.

There are like... 60+ chapters in there... hopefully I can read all of it. =)

Chapter 1 Becoming Prime Minister
Chapter 2 Family Values
Chapter 3 I Am A Malay
Chapter 4 The Story Of The Malays
Chapter 5 From Infatuation To Disillusionment
Chapter 6 A Wartime Entrepreneur
Chapter 7 Awakenings
Chapter 8 A Political Triumph
Chapter 9 The Emergency
Chapter 10 Going To Medical College
Chapter 11 An Alliance Is Born
Chapter 12 From Theory To Reality
Chapter 13 The Tunku Makes A Proposal
Chapter 14 The Bitter Thrill Of Politics
Chapter 15 Expelled
Chapter 16 In The Political Wilderness
Chapter 17 An Outsider's Lament
Chapter 18 The Malay Dilemma
Chapter 19 UMNO Opens Its Doors
Chapter 20 Into The Deep End
Chapter 21 Up The Political Ladder
Chapter 22 A Dream Delivered, A Mentor Dies
Chapter 23 From Education To International Trade And Industry
Chapter 24 Frustrations Of Being Second In Command
Chapter 25 Reaching The Top
Chapter 26 From Ideas To Action
Chapter 27 How Government Works
Chapter 28 Bersih, Cekap, Amanah
Chapter 29 Looking East
Chapter 30 The Europeans
Chapter 31 Anwar Joins UMNO
Chapter 32 Realigning Malaysia In The World
Chapter 33 The Malaysianisation Of Companies
Chapter 34 Constitutional Amendments
Chapter 35 Equitable Affluence
Chapter 36 Islam and Islamisation
Chapter 37 Introducing Privatisation
Chapter 38 Revving Our Engines
Chapter 39 Daim Becomes Finance Minister
Chapter 40 A House Divided: Team A & Team B
Chapter 41 Ops Lalang
Chapter 42 The Judiciary
Chapter 43 Matter Of The Heart
Chapter 44 New Challenges, New Solutions
Chapter 45 Vision 2020
Chapter 46 Marketing Malaysia
Chapter 47 The Growth Of Asean
Chapter 48 Law And Order: Police, Politicians and The Public
Chapter 49 The Multimedia Super Corridor
Chapter 50 PETRONAS Twin Towers
Chapter 51 Putrajaya
Chapter 52 Currency Crumble
Chapter 53 Anwar's Challenge
Chapter 54 1998: Great Games, Remarkable Gains
Chapter 55 Financial Crisis Fallout
Chapter 56 My Toughest Election
Chapter 57 9/11 And The Muslim World
Chapter 58 Education
Chapter 59 Resignation
Chapter 60 The OIC Furore
Chapter 61 Problems With Singapore
Chapter 62 Legacy And New Dilemmas

The Richest in Malaysia.

Business Times CEO of the Year 2010 Datuk Seri Stanley Thai has made it into the list of Malaysia's 40 richest individuals, a Malaysian Business survey reveals. The magazine, in its Feb 16 issue, listed Thai, of Supermax Corporation Bhd, as a newcomer to the group, together with Tan Sri Leong Hoy Kum of Mah Sing Group Bhd and Datuk Tan Heng Chew of Tan Chong Holdings Bhd.

The magazine said the combined wealth of Malaysia's 40 richest tycoons has risen by more than 30 per cent, spurred by the bullish stock market and an expanding economy. They were worth RM206.27 billion as at Jan 21, compared with RM156.7 billion a year ago. It says there are more billionaires this year -- 27 of them, an increase of five from last year.

Robert Kuok, who returned to the sugar business last year, still tops the list at RM50.04 billion and telecommunications tycoon T. Ananda Krishnan remains in second place with RM45.78 billion. Public Bank's Tan Sri Teh Hong Piow moved to the third place with a fortune estimated at RM12.77 billion while fourth is IOI Corporation Bhd's Tan Sri Lee Shin Cheng who is worth RM12.74 billion.

Genting Group's Tan Sri Lim Kok Thay, unchanged at No. 5, has RM10.89 billion while Hong Leong Group's Tan Sri Quek Leng Chan takes the sixth spot with RM10.75 billion, up from RM7.09 billion previously. In seventh place is Tan Sri Syed Mokhtar Albukhary of the Albukhary Foundation, whose flagship is the DRB-Hicom Group. He is valued at RM8.84 billion.

Tan Sri Lim Goh Tong's widow, Puan Sri Lee Kim Hua, unchanged at number eight, has RM7.43 billion while Tan Sri Tiong Hiew King of the Rimbunan Hijau Group returns at No. 9 with RM4.77 billion. Singapore-domiciled Ong Beng Seng claims the 10th spot, with his wealth doubled to RM3.98 billion, going past Berjaya Group's Tan Sri Vincent Tan who drops two rungs to No. 12.

Former prime minister Tun Dr Mahathir Mohamad's son, Datuk Mokhzani Mahathir, of Kencana Petroleum, is ranked 19th with RM1.665 billion.