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Indian of the week
Star of the week 2007
Star of the week 2006
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04/09/07 It’s a common racial slur in Malaysia to label Indians of being drunkards especially toddy (fermented coconut sap) drinking that has been a popular butt of jokes among the non-Indian Malaysians. PPP (People Progressive Party), a mosquito party, chief and political clown Kayveas equated the recently concluded Maika AGM to a toddy shop. Next, you may hear our honorable Kinabatangan MP Datuk Bung Mokhtar Radin and his racist ilks to belittle the entire Indian community in Parliament. (......more)

Subra: Sell all Maika assets

By: Traveler, Monday, August 27, 2007

While many Samy Vellu’s opponents are against Maika selling Oriental Capital Assurance company, Subramanian, former MIC deputy president, has voiced his support for the move in a press conference held this afternoon. But there is catch: he wants priority given to Indian based companies. (......more)

Maika shareholders take dispute to CCM

Yoges Palaniappan
Aug 20, 07 Malaysiakini
Ten shareholders of Maika Holdings Bhd have complained to the Companies Commission of Malaysia (CCM) about the choice of date and venue for the MIC-linked company’s annual general meeting (AGM). (......more)
Maika Holdings AGM
Aug, 30 2007
As expected,  Maika AGM today at Sime Darby Convention centre was full of dazzling fireworks; heckling, hurling abuses, vulgar words, pushing and shoveling between Samy and Subra camps. After 50 years of Malaysian independence the Indian Malaysians remain divided, angry, emotional and an acrimonious community.

Subra out from the mob (......more)

Fireworks expected in Maika AGM
By: Traveler
Wednesday, August 29, 2007

If you think the international fireworks competition held at Putrajaya was dazzling, come and see the fireworks in Maika AGM , tomorrow, at Sime Darby convention centre, Bukit Kiara. Samy Vellu and his opponents are gearing up for a confrontation. (.......more)

Founder: S. Samy Vellu
Members: 66,000

Maika set to liquidate assets
by Sharon Tan, The Edge, 31/08/07

“My role was only to clean up and cash up the company. Once I have done that, then my role ceases. I will step down and may remain a director in Maika. The company may want to hire a more professional CEO and they can look at the new board structure,” said Vell who was appointed CEO in 1999. (....more)

Subra shoved at Maika AGM
The Star, Thursday August 30, 2007
Former MIC deputy president Datuk S. Subramaniam was shoved around during a heated exchange between rival groups of shareholders at the 24th annual general meeting of Maika Holdings here Thursday.  (.......more)

Fracas at Maika shareholders meeting
By : Suganthi Suparmaniam, The New Straits Times, Sunday, September 02
pic: Tamil Nesan

“Subra and KP Samy violently hurling insults”, says Tamil Nesan whose photographer was the only one authorized to take pictures at the AGM.

Maika fracas: Subra lodges reportAndrew Ong
Sep 1, 07 Malaysiakini

“I want the police to investigate these matters, particularly the bad elements (present at the meeting). Who are these people? Who arranged for (their presence)? Why did they beat up people?” (.....more)

Company sale necessary for Maika’s survival
K Kabilan
Aug 17, 07 Malaysiakini
MIC’s beleaguered investment company Maika Holdings wants to dispose of its insurance arm to alleviate its financial burden caused by high loan interest repayment and accumulated losses suffered by the company.


Management Consultant Nadaraja (left) laying flat on the floor after being thrown out from Maika AGM hall by bouncers and thugs hired as security personnel.

Maika AGM date a ploy: shareholders
K Kabilan
Aug 15, 07 Malaysiakini
The Merdeka Day eve date for MIC’s beleaguered investment company Maika Holdings' annual general meeting has come under fire from shareholders who accuse it of wanting to prevent a good turn-out for the meeting. (....more)

Maika thugs manhandling a share holder

Flurry of lawsuits against Maika?

Thursday, September 27, 2007
Supporters of S. Subramaniam, former MIC deputy president, are expected to file a flurry of lawsuits against Maika Holdings as a move to stop the sale of Oriental Capital Assurance Bhd (OCAB) according to some sources. NESA cooperative, headed by Subra, has already successfully obtained an exparte injunction but there is a concern that this may not hold when the case is heard on 8th. October and thus their group wanted to make a preemptive strike.

Tamil Nesan 27/09/07

In a tit-for-tat, nine people from Kulim, Kedah reported to anti-corruption agency (ACA) against NESA cooperative that they have been cheated 24 years ago promising to build houses for them, according Tamil Nesan report. Sources say, MIC leaders are planning to file reports against NESA in several states in the coming days.

Cop serves RM10 mil suit on politician
Andrew Ong
Aug 17, 07 Malaysiakini
A legal tussle is brewing between a politician and a policeman who were involved in the investigations into the sudden death of television actress K Sujatha. (.......more)

Ex-MIC CWC member to file case against Maika
Thursday, October 04, 2007

As reported by imol a few days ago, more lawsuits are to be filed against Maika Holdings founded by MIC president Samy Vellu where his good son Vell Paari is running the show.
Today, K.P.Samy, an ex-MIC central working committee member, is filing an injunction with eight others to stop the sale of Maika’s well managed ‘cash cow’ insurance arm Oriental Capital Assurance Berhard (OCAB). K.P.Samy run his own travel agency business in Klang, is one of the few remaining staunch supporters of former MIC deputy president S.Subramaniam.

Nesa cooperative has already obtained an injunction to stop the sale. The case will be heard on 08/10/09. Many other lawsuits are expected to be filed before the hearing.
On Samy Vellu side, local actress Sujatha’s brother and Vell Paari have each filed lawsuits separately against Makkal Osai daily over Sujatha’s suicide reporting. Good business for lawyers.

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