Wednesday, May 13, 2009

Power tussle at Naza Group?

I have yet to confirm this. However, rumours about the tussle between three brothers at Naza Group of Companies are fast getting across the business track. The staffs, too were alarmed at such goings.

Since their father and Naza founder Tan Sri Nasimuddin passed away in California on May 3rd last year, Naza Group has been managed by the 3 sons - Faizal, Nasa and Faleeq with their 'few' uncles assisting at the subsidiaries. One of them is Datuk Zul.


By Nasimuddin's will, the company CEO should be given to his 2nd son Nasarudin, lauded as most enterprising among all siblings. In fact, he has shown a lot of courage and notched incredible success in helping his father at steering Naza into what it is today.

I was once told that Nasa has a good reputation in business deals, and that was why Nasimuddin had a lot of confidence in him then.

Now that their father is gone, many unhealthy things took place within the group. Most of their showrooms are almost empty with only a few cars left for sale. Some said shipment was on its way and that many stocks were still at the port.

Latest, Faizal (the only son already married) issued a self-prepared internal memo (where was his secretary?) to all departments, declaring that he is the legitimate chief executive officer. All staffs read it, no comment but exchanged winks.

The very next day, youngest son Faleeq issued another memo, saying that his eldest brother's memorandum was 'null and void' as it was not officially agreed by the board members. Again, Naza staffs just shook their heads.

So, who is the big boss now? Nasa did not act to the 2 'circulars' but the employees, especially department heads and managers were rather confused as to whom should they report to. Faizal or Nasa or Faleeq?

I hope the brothers can compromise. Puan Sri should intervene to keep her late hubby's business in safe hands. Naza has been the pride of the nation (many thanks to Tan Sri Rafidah Aziz, whom during her tenure as Ministry of International Trade and Industry has awarded the company with thousands of APs) and has been recognised as a national car industry.

Its a big company for the 3 brothers to attend to. They need each other. Bickering over who should be No.1 or No.2 could run down the company.

They also need their uncles in many ways. So, its now a good news that Datuk Zul's service would be terminated...

We have great concern for Naza, actually...

33 comments:

kasmani said...

is it important to become no 1 and no 2 in your own company? afterall, it was your late father who worked had for his family. you brothers should well reward him by not doing anything that may hamper the business.

Anonymous said...

NAZA?

MACAM DAH NAK NAZAK JE BUNYIKNYE!

ADIK-BERADIK NI KENA BINCANG, JANGAN PENTINKAN DIRI SENDIRI

sarina said...

kumpulan naza sudah dilihat antara bisnes melayu yang paling berjaya. pujian kepada allahyarham tan sri nasimuddin.

anak2 beliau perlu bersatu hati dalam menyemarakkan semangat perniagaan yang ditinggalkan oleh bapa mereka.

ini syarikat mereka bersama, bukan orang lain. kalau bisnes runtuh, mereka juga akan mendapat akibatnya, bukan orang lain.

Anonymous said...

Why suddenly talking about Naza Group? Enough of trying to stir shit in the political circles ah? Trying to stir shit in Naza Group now. Why dont you guys look in the mirror once in a while and see your own short comings...let not the pot call the kettle black.

donplaypuks® said...

Naza, the father, did well for himself. family and country.

The Chinese say it takes 3 generations for the family wealth to be wasted. It looks like in this case it won't last more than 1generation! Sad.
http://donplaypuks.blogspot.com

Anonymous said...

melayu


macam ni laaaa

kuchai said...

susah payah arwah bapak korang bina syarikat ini, korang pulak bertelagah pasal siapa nak jadi bos besar.

kalau dah syarikat anak-beranak ni, siapa jadi bos besar pun tak kisah asalkan bisnes maju.

chong tan said...

this is similar to what happened to tan chong some years ago.

suboh, KL said...

saya kenal nasa. ini anak yang terbaik untuk pimpin naza. inilah juga amanat arwah tan sri dalam wasiatnya.

abangnya faizal dan adiknya faliq harus menyokong nasa sebagai ceo dan bukannya bercakaran sesama sendiri.

naza sudah diiktiraf sebagai antara syarikat gergas melayu yang paling maju dan dinamik. janganlah korbankan segala yang ada hanya kerana perebutan kuasa.

cipang said...

jai,

kau nak kena saman ke apa ni?

tetikus said...

no komen.

aku dah tengok banyak firma keluarga ni bungkus sebab hal yang sama

Anonymous said...

another malay drama. power and wealth.

KALAM JAUHARI said...

It is an inernal squabling and nothing to do with us. Let them sort things out.

By the way anon May 13, 6:11 what do u mean "Melayu Macam Ni La"?

kluangman said...

Naza dah terkena jangkitan Nizar !!!

Anonymous said...

keh keh keh! hee hee hee! hah hah hah! hoh hoh hoh! Apa! tak percaya ka... Patutla komplen gua sampai ke sudah takde apa2

NAZAK

Anonymous said...

i remember the old tv series dynasty... all was about power struggle

makbapak said...

biasalah. bila mak bapak dah buat yang terbaik untuk anak2, anak2 pulak yang buat yang terbalik untuk mak bapak.

Anonymous said...

they assemble kia in gurun. how come they got the national car status?

X-NAZA said...

i used to work with the late tan sri, one of the nicest persons i've ever known.
after his passing in may 2008, i could sense that this things might happen, especially when nas was once put on training in naza world, pj by his father. faizal, i believe, was much influenced by his wife while faliq was very protective of his father;s business.

i just hope the three bros will close ranks and concentrate on business alone, not personal matters.

Raison D'etre said...

Saudara,

Macam Tiga Abdul je bunyinya.

Jangan jadi macam deme dah le. So far anak yang di entrusted with the company is carrying on well enough, though.

Wasalam

gonggong said...

orang yang paling layak menyelesaikan masalah mereka ni ialah ibu mereka, puan sri.

kita tak boleh campur, bro, walaupun kita memandang berat akan hal ini.

memang tak elok kalau ia menjejaskan perniagaan syarikat yang dah terkenal ni

Anonymous said...

apsal kereta kat naza lebih mahal dari tempat lain?

misalnya BMW dan merz, yang harganya di tempat lain adalah di antara rm20000-rm40000 lebih murah.

supermart said...

datuk zul?
apa salah dia? takkan la anak sedara nak buat begini pada pak sedara yang dah banyak berjasa kepada syarikat!

kria, KL said...

BILA NAK LELONG KERETA LAMA-LAMA TU, NAZA?

Anonymous said...

Kalau tulisan ni betul, maka malanglah Naza.

Wahai 3 beradik melayu, jangan jadi layu seterusnya.

Gunakan akal di kepala atas, bukan kepala lutut kau.

basted said...

There's nothing great or grand about Naza. Naza grew overnight to the overextended business that it is today solely on the fact that they had illegitimate access to APs. Everyone knows that. Even when APs were so cheap for them, they still had the cheek to recycle them. Malaysia really boleh.

Remove the AP system and watch Naza go the way of Proton. Protectionism will only cost the taxpayers more money.

Anonymous said...

Macam nie la MELAYU kita, asyik nak belaga "saudara musliman" yang berjaya. Kita nie ada penyakit yang lebih dahsyat dari SwineFlu, yak ni "DENGKI", tak malu ke, agama Islam tapi dok buat fitnah, jadi batu api buat apa, takde kerja? Melayu Malas, banyak masa jaga tepi kain orang.

Yang bawak cerita adik-beradik nie buat apa? They are a private company so leave them to run it, unless your hasat dengki is paying U dividens from some "unknown" sources.

Taubat lah! Wirid banyak-banyak dan mintak ampun kat budak-budak nie. What have they ever done to U!!!

think about it...ada OTAK, Pakai.

What starts with M & rhymes with KAYU? Melayu...as WE are well known.

Anak Bangsa

Anonymous said...

'Ni macam cerita bangsawan... rebut kuasa sesama anak hingga empayar runtuh...

Untuk "paraphrase" Dr. M. Bakri Musa...

"All destroyed in just two generations; the first to build it, the second to destroy. Truly a very Malay story!"

kawan tan sri said...

naza adalah antara firma bumiputra yang berjaya dan masih gah dalam keadaan ekonomi yang meruncing ini.

saya mengenali arwah tan sri sejak awal 80an, ketika anak2nya masih kecil.

beliau betungkus lumus membentuk sebuah syarikat yang asalnya hidup segan mati tak mau, kepada sebuah firma yang dikenali oleh dunia hari ini.

saya kenal semua 5 anak dan puan sri. mereka juga kenal saya.

jadi, apalah salahnya mereka saling membahui amanah tan sri agar perusahaan bumiputera ini kekal maju selamanya?

shah said...

cummon boys!

consolidate! its time to proof that you people can do even better

Anonymous said...

bro,

ple wrote more on the positive aspect of naza...

u are helping to bring them down.

anyway, i hope the 3 bros will remain resilient

Anonymous said...

Hari ni timbul berita yang Tan Sri sebenarnya mempunyai 3 isteri dan 10 anak!!!

How is the power struggle going to look like now?

Surprise, surprise....

Anonymous said...

Nothing to shout about. Naza can sell cars without having to settle the duties first. Free AP's. So wtf?