Brahim`s caps meals at RM10
Transcription
Brahim`s caps meals at RM10
06 FocusM | Oct 24-30, 2015 WHEATORCHAFF There is much talk and buzz in corporate Malaysia. You decide. Brahim’s caps meals at RM10 KL International Airport (KLIA)-based Brahim’s Airline Catering Sdn Bhd, which provides meals to nearly 30 international air carriers, is believed to have set the budget for each economy-class meal at RM10 as part of keeping costs down for clients. Among the airlines it serves are Emirates, Etihad, Malaysia Airlines, Garuda, AirAsia and Cathay Pacific. In view of increasing competition and rising costs, airlines seek with greater intensity to lower their expenses, says a source. “One way of keeping the cost down is to manage perishable items,” he adds. Naturally, first-class and business-class passengers will continue to enjoy a better menu, believed to cost more than RM100 per head, says the source. “People generally think airline food is overpriced but there’s more to it than the cost of preparing the food,” the source continues. Part of food preparation is reducing the risk of bacterial growth and No more after-sales support for Alfa Romeos SIME Darby Bhd’s indirect subsidiary Auto Selection Sdn Bhd, formerly known as Sime Darby Auto Italia Sdn Bhd, no longer provides after-sales support for Alfa Romeo cars in Malaysia. Auto Selection voluntarily relinquished its distribution rights to the Italian marque in Malaysia in December 2013. The company is a fully-owned unit of Sime Darby Motors Sdn Bhd, the auto arm of the conglomerate. A source close to the company says effective that date, Alfa Romeo’s principal stopped supplying parts, warranty-processing and technical support to Auto Selection. The company now refers Alfa Romeo customers to brand owner Fiat Chrysler Automobiles in Singapore with regard to parts and warranty, the source adds. However, there has been some confusion as the Sime Darby Motors website says: “While Sime Darby Auto Italia (SDAI) has voluntarily withdrawn as distributor for the brand, it will continue to provide service and honour its of food’s spoiling, he says, pointing out this adds to the price. Brahim’s, like other airline caterers, employs a “blast-chilling” method to freeze cooked meals at high speed to reduce bacterial risk. Meanwhile, Singapore’s leading provider of gateway services and food solutions, SATS Ltd, has made an offer of RM218 mil to Brahim’s Holdings Bhd for a 49% stake in Brahim’s Airline Catering Holdings Sdn Bhd (BACH). BACH in turn owns 70% of Brahim’s Airline Catering Sdn Bhd. Malaysia Airlines Bhd holds the remaining 30%. Brahim’s said on Oct 22 it had received a conditional binding offer from SATS unit SATS Investments Pte Ltd to acquire the 490,000 BACH shares. “The board will appoint the relevant advisers in due course and discuss the terms of the offer as well as deciding on the next course of action,” it said. warranty commitments to customers for after-sales through its sole outlet at Jalan Ipoh, Kuala Lumpur, until a new distributor is appointed by Alfa Romeo.” The source also says Sime Darby has just removed the webpage. So far, no new distributor has been appointed for the brand. However, it was reported at the end of 2013 that Fiat Chrysler Automobiles was in discussion with DRB-Hicom Bhd to expand its brand presence in Malaysia. There seems to have been no further development. Alfa Romeo reportedly sold 38 cars in 2012 and only 18 as of August 2013, based on Malaysian Automotive Association (MAA) total industry volume. Among the airlines Brahim's serves are Emirates, Etihad, Malaysia Airlines, Garuda, AirAsia and Cathay Pacific LETTER TO EDITOR Spring Energy ‘not affected’ WITH reference to the report “Bauxite mining probe hits IPO-bound Spring Energy” (FocusM, Issue 150), we wish to clarify that our company’s bauxite-mining operation is not affected by ongoing action by the Pahang government to revoke mining licences. There are different categories of mining licence and Spring Energy’s is a Proprietary Mining Licence, unaffected by the Pahang government’s decision. There is no need for us to “come up with alternatives and approach the Securities Commission to see if it can go ahead with the IPO” as reported. There is no basis to claim that a “large portion of the company’s future income is meant to come from bauxite mining”. Though our bauxite-mining is in the Bukit Goh area, it is not on Felda land. Spring Energy Resources Bhd