Bernas: Padiberas Nasional Berhad

THE MONOPOLY OVER RICE IMPORTS WAS ENDED ON 6 JUNE 2018

On 2 May 2011, IT WAS REPORTED THAT BERNAS, WHICH HAD A MONOPOLY OF THE RICE TRADE, HAD HAD THIS MONOPOLY EXTENDED TO 10 JANUARY 2022 BY NAJIB RAZAK.

10 June 1028

Promise fulfilled with end of Bernas monopoly, says PKR rep

Published on

Pakatan Harapan’s Agriculture Ministry has been applauded for doing what many successive BN governments have failed to do – breaking up Padiberas Nasional Bhd’s (Bernas) monopoly of rice imports.

It took Agriculture Minister Salahuddin Ayub just two weeks on the job to end years of the company making huge profits for its shareholders at the expense of rice farmers and consumers, said Bukit Tengah assemblyperson Gooi Hsiao-Leung.

Gooi, who had previously campaigned against Bernas, said that removing the company’s previously BN-assured import monopoly is the fulfilment of one of Pakatan Harapan’s election manifesto promises – guaranteeing people’s basic food needs and taking care of the welfare of farmers.

Nevertheless, he stressed that many rice farmers today continue to live in poverty and grapple with increased production costs.

Many of the small- to medium-sized rice mills that once dotted the landscape of rice fields across country, he added, have all but disappeared.

“I hope the agriculture minister will seriously look into calls long made to re-establish the National Paddy and Rice Marketing Board (LPN) as part of the much-needed overhaul and reform of the national rice industry,” Gooi said in a statement today.

“In this regard, I urge the minister to engage directly with rice farmers, millers and other stakeholders to get their inputs on how to revitalise and reinvigorate the local rice industry in our ‘Malaysia Baru’ to uplift the welfare and livelihood of our rice farmers who play such a vital role in food security by producing our country’s most important staple food,” he added.

https://www.malaysiakini.com/news/429104

..

Salahuddin announces end to Bernas’ rice import monopoly

Bernama  |  Published on

Agriculture and Agro-based Industry Minister Salahuddin Ayub announced that the monopoly to import rice by Padiberas Nasional Bhd (Bernas) has been terminated as per a cabinet decision today.

Pursuant to this, he said a working paper on breaking up the monopoly with feedback from the ministry and other stakeholders would be drafted before being submitted to the government for further action.

“In the effort to protect the interests of local padi farmers, we have identified the models used by other countries (on importing the staple), among them Indonesia which has been successful in its approach in opening up monopoly on rice,” he told a press conference here today.

Meanwhile, Salahuddin said the operations of the National Farmers’ Organisation of Malaysia (Nafas) have been temporarily suspended effective June 1.

He said the suspension order under Section 20 (1) Act 109 was issued by the Registrar of Farmers Organisations following an audit on the management of Nafas that was submitted to the ministry on March 26.

Based on the report, Nafas was found to be having serious management problems especially in the aspects of competency, responsibility and transparency involving the leadership and management.

“The suspension was done to enable an investigation to be carried out pertaining to management, abuse of power and leakages involving its board of directors and management.

“This is to ensure that matters that can cause losses to the entity and the people can be overcome and good corporate governance can be brought back,” he said.

https://www.malaysiakini.com/news/428609

Syed Mokhtar al-Bukhary controls Bernas.

Nov 29, 2013

Opposition Leader Anwar Ibrahim has today questioned how government-linked business tycoon Syed Mokhtar Al Bukhari can be allowed to possess RM 1.4 billion worth of shares in the recently de-listed national rice firm Bernas.

In a statement, Anwar said that Syed Mokhtar now has 83.4 percent of shares in the company, leaving only RM174 million worth of shares to be divided among 170,000 farmers.

Anwar: Syed Mokhtar has RM1.4bil in Bernas shares

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THE UBIQUITOUS SYED MOKHTAR AL-BUKHARY

The Politics of Bread, Sugar and other UMNO Businesses in Malaysia: Crony Companies

Bread: Gardenia and Massimo

As the Nation’s partner in the paddy and rice industry, BERNAS and its group of companies are involved in the procurement and processing of paddy; as well as the importation, warehousing, distribution and marketing of rice in Malaysia.

 

http://www.bernas.com.my/

BERNAS HAS A MONOPOLY OF THE RICE TRADE, AND IT HAS BEEN EXTENDED TO 10 JANUARY 2022.

Agreement on monopoly of rice imports extended in M’sia

By Tee Lin Say in Kuala Lumpur/The Star | Asia News Network – Mon, May 2, 2011

Kuala Lumpur (The Star/ANN) – Malaysia’s Padiberas Nasional Bhd (Bernas) recently made headlines when it received a letter from the public-private partnership unit under the Prime Minister’s Department on the extension of the Bernas Agreement.

This gives Bernas a monopoly over Malaysia’s rice imports for a period of ten years. The extension commenced from Jan 11, 2011 to Jan 10, 2021, subject to terms and conditions.

———

Many are perhaps familiar with local rice custodian Bernas, which is involved in the importation of rice, the trading of local and imported rice, rice milling, and the retailing of rice and other household necessities. Bernas was incorporated on 14 April 1994 by the Malaysian Government as part of its efforts to corporatise the National Paddy and Rice Board. Its activities are basically the commercial and social roles it took over from the rice board and the Malaysian Government. It was subsequently privatised on 12 January 1996 and listed on the Main Board of the Kuala Lumpur Stock Exchange on 25 August 1997.

———

The 10 most popular brands of rice distributed by the company are a mix of local and imported rice: Jati, Jasmine, Faiza Mas, Cap Rambutan, Sunwhite, Bird of Paradise, Sakura, Royal Umbrella, Taj-mahal, and Moghul.

The group also has investments in non-rice businesses such as flour and bread via stakes in associate companies. (My emphases)

See
Agreement on monopoly of rice imports extended in M’sia …

This gives Bernas a monopoly over Malaysia‘s rice imports for a period of ten years. .
sg.news.yahoo.com
/agreement-monopoly-riceimports… – Cached

2 BERNAS IS OWNED BY TRADEWINDS

The major shareholder of BERNAS is Tradewinds (M) Bhd. On 3 November 2009, Tradewinds (M) completed the acquisition of a 31.52% stake in Bernas from Wang Tak Company Limited. It completed the purchase of another 22.24% stake from Gandingan Bersepadu Sdn Bhd on 20 January 2010.

 

It is to this 3rd box that we should turn our attention. It has to do with BERNAS.

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31 March 2017

8h8 hours ago

Bernas officers held for CBT involving RM9.5m
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GEORGE TOWN: Thirteen individuals, including several Penang Padiberas Nasional Berhad (Bernas) officers, were detained in connection with criminal breach of trust involving RM9.5 million.

Penang Commercial Crimes CID chief ACP Abdul Ghani Ahmad said the men, aged between 35 and 50, were detained separately in the state from March 14 to Tuesday.

“We set up a special team to investigate the case after receiving a police report from Bernas on the criminal breach of trust on March 14.

“We detained a Bernas officer at his work place on March 14, before arresting the others, including several more Bernas officers in stages, to help in investigations,” he said when contacted by Bernama here today.

It is learnt that four Bernas officers had been detained by the special police team.

Ghani said apart from the Bernas officers, others detained in the special operation comprised lorry drivers and rice sellers.

He said police also seized several items, including cars, branded watches and laptops.

Based on preliminary investigations, their modus operandi was to sneak out rice from the warehouse without the knowledge of the management and sell it to middlemen, he said.

Based on preliminary investigations, their modus operandi was to sneak out rice from the warehouse without the knowledge of the management and sell it to middlemen, he said.

http://www.freemalaysiatoday.com/category/nation/2017/03/30/bernas-officers-held-for-cbt-involving-rm9-5m/

 

 

 

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