Thursday, December 18, 2008

IJN To Be Sold To Sime Darby. Who Will Suffer And Who Will Make Millions?

The government has no objection in principle for Sime Darby Bhd to acquire a stake in IJN Holdings Sdn Bhd but the conglomerate must ensure high priority for the poor, said the Deputy Prime Minister, Datuk Seri Najib Tun Razak today.

"We are in the process of finalising the matter with the Ministry of Health although in principle we have no objection to the proposal," he said after chairing a meeting of the Cabinet Committee on AIDS in Parliament, Thursday.

Najib, who is also the Finance Minister, said Sime Darby must pledge its commitment that the poor would not be marginalised if IJN is to be transferred to it.

"Whatever the position of IJN, it is important for the social programme to be given high priority," he added.

It was reported that Sime Darby had written to the government proposing to acquire a stake in IJN Holdings as the operator of the national heart institute.

IJN is currently the leading medical heart centre in the region and is 99.99 percent owned by the Ministry of Finance.

When asked if there were other parties interested in acquiring a stake in IJN, he said: "Not, as far as I know,".

Najib said the proposal would have some advantages for IJN as funding would not be a problem for Sime Darby and doctors would also receive better remuneration.

"Given the need for better treatment of heart diseases and the competition from new hospitals coming up, it is possible to pinch doctors from IJN," he said.

It was reported that Sime Darby is expected to pay a premium price above the typical hospital valuation of 16 times the price to earnings (PE) ratio as IJN is a reputable heart specialist centre in the region. (Bernama)

***** I can't think of a single logical reason for Sime Darby's interest in acquiring IJN other than profit, profit, profit. You can be sure that altruism is not a motivating factor. Having plundered everything in sight, the umnoputeras' avaricious hunger for easy money has not spared even the IJN.

Do you for a minute think that charges would go down after these buggers take control of IJN? The rich and middle class will have to cough out much more while the poor will slowly die at home, unable to afford even a fraction of the fees that will inevitably and surreptitiously be increased skywards. 'There's tons of money to be made in people's suffering' should be Sime Darby's working motto from now on.


Greed merchants laughing all the way to the Swiss Banks.

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9 Comments:

Anonymous Anonymous said...

I agree. It's a big mistake. Public will suffer. What does Najib gain by allowing this to go through? Think about it.

3:20 PM GMT+8  
Blogger kopitelp16 said...

If the privatisation does go thru, I'm bloody sure IJN will be run like any biz.... for profit only since they will have to report to the shareholders.

Greed will destroy this country if left unchecked. Najib needs to think about the rakyat 1st and not money!

4:08 PM GMT+8  
Anonymous Anonymous said...

Rakyat will definitely suffer! Privatization only nenefits cronies. Kena LIWAT lagi! Thanks BN. Another nail in your coffin!!!

4:12 PM GMT+8  
Anonymous Anonymous said...

kalau IJN diberi kepada Sime Darby,bagaimana la pulak nasib-nasib orang miskin yang mendapat rawatan dan akan mendapat rawatan disitu?.adakah mereka terpaksa menanggung kos yang tinggi untuk rawatan yang mana sebelum ini kosnya ditanggung oleh kerajaan?

4:15 PM GMT+8  
Anonymous Anonymous said...

If Sime Darby really interested running Heart Institute, asked them to establish their own hospital, like Petronas did on their Prince Court. Privatisation of IJN will definitely make the rakyat suffer in future!

5:03 PM GMT+8  
Anonymous Anonymous said...

Hey guys, do you see who you had voted in? This is a government that has no regard to its people at all. It doesn't care if you suffer, all it cares is about $$$ in their pockets. This can be called an effective and efficient government, becos it can convince its people to vote them in again and again despite the vices.

5:09 PM GMT+8  
Anonymous Anonymous said...

Jika Sime Darby ambil alih IJN untuk tujuan kebaikan atau untuk mengemaskinikan pentadbiran supaya lebih cekap dan bersistematik dan penting 'mesra pengguna miskin' masih sama seperti dulu, mungkin boleh dipertimbangkan oleh rakyat. Tapi jika ada 'udang di sebalik batu' pasti ia akan mendatangkan masalah nanti. Jika hal ini benar-benar berlaku, Najib harus membuat kenyataan yang memberi jaminan 500% bahawa penswastaan ini tidak membebankan golongan miskin. Rakyat tidak mahu IJN akan menjadi sebuah hospital swasta di bawah KPJ yang mengenakan caj yang mahal...

12:17 PM GMT+8  
Anonymous Anonymous said...

Penswastaan IJN harus dilihat dari banyak segi. Jika ia dibuat untuk penstrukturan organisasi dan penyelarasan gaji para pakar, mungkin ia perlu. Walau bagaimanapun Najib harus memainkan peranan besar dalam hal ini. Jika beliau membenarkan Sime Darby untuk ambil alih IJN, maka beliau harus memberi keyakinan dan jaminan yang tak diragui bahawa golongan pertengahan ke bawah masih boleh menggunakan perkhidmatan di IJN tanpa ditindas atau dikenakan caj yang mahal. Kita harus ingat, kerajaan perlukan sokongan rakyat. Jadi jika rakyat ditindas atau dinafikan haknya, dikhuatiri kepercayaan rakyat terhadap kerajaan apakn pudar dan hilang... Apa akan jadi pada PRU 13 nanti?...

3:35 PM GMT+8  
Anonymous Anonymous said...

Anonymous,
So this is the future Malaysian PM talking !!The FCUKER is going to enrich himself and who is the people who put him there ???FUCKING UMNO!!!!!~!~PARTY OF BARTARDS!!!!

10:17 AM GMT+8  

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