Asian Daily EPS, TP and Rating Changes Top of the Pack

Total Page:16

File Type:pdf, Size:1020Kb

Asian Daily EPS, TP and Rating Changes Top of the Pack Tuesday, 23 April 2013 (Asia Edition) Asian Daily EPS, TP and Rating changes Top of the pack ... EPS TP (% change) T+1 T+2 Chg Up/Dn Rating ALS Limited (4) (10) (2) (8) U (U) Asia Equity Strategy Sakthi Siva (3) Crown (0.8) (2.1) 0 3 U (N) New report: Reporting season scorecard–so far an upgrade of 0.8% Santos Ltd (10) (4) 0 14 N (N) China Medical System (4) (1) 3 16 O (O) Korean Auto Sector – Maintain OW Henry Kwon (4) Holdings Ltd. “The Sky is Falling!” The case of GM Korea and the Chicken Little media reports Shanxi Xinghuacun (4) (4) (28) 0 N (O) Fen Wine Samsonite 1 4 6 15 O (O) LG Display (034220.KS) – Maintain O John Sung (5) International S.A. 1Q13 OP in line with our above-consensus forecast and a further cyclical pick-up ahead Mindtree Ltd 0 1 15 6 N (N) Gamuda (17) 0 0 10 O (O) ... and the whole pack Mapletree Commercial Trust Regional LG Display 0 (10) 0 48 O (O) Asia Equity Strategy Sakthi Siva (3) New report: Reporting season scorecard–so far an upgrade of 0.8% Connecting clients to corporates Asia Pacific Strategy Kin Nang Chik (6) Hong Kong / China Credit Suisse GEM valuation snapshot M1 Limited (MONE.SI) Post results Date 22-24 April, Hong Kong Asia Pacific Strategy Kin Nang Chik (7) Coverage Analyst Chate Benchavitvilai Credit Suisse valuation snapshot Sinopac Holdings (2890.TW) Australia Date 29-30 April, Hong Kong Coverage Analyst Chung Hsu ALS Limited (ALQ.AX) – Maintain U Bradley Clibborn (8) PT Sumberdaya Sewatama Downgrade on weak exploration activity Date 13 May, Hong Kong Crown (CWN.AX) – Downgrade to U Larry Gandler (9) Coverage Analyst Ami Tantri Time for a pause in the rally China Coal and Power Corporate Days Santos Ltd (STO.AX) – Maintain N Paul McTaggart (10) Date 30-31 May, Shenzhen 1Q production not setting up FY13 as well as we'd like Coverage Analyst Trina Chen China/Hong Kong Emerging Corporate Day China Date 19 June, Hong Kong China Economics Dong Tao (11) Coverage Analyst Kenny Lau The Canton Trade Fair does not show that times are easy for China's exporters APAC Transport Corporate Day Date 26 June, Hong Kong China Property Sector Duo Chen (12) Coverage Analyst Timothy Ross Weekly update: Primary market volume down 21% WoW but up 9% YoY; up 53% YTD Singapore AAC Technologies (2018.HK) – Maintain O Yan Taw Boon (13) Read-across from acoustic peers provides some confidence Changi Airports International Date 23 April, Singapore Anhui Conch Cement Co. Ltd. (0914.HK) – Maintain N Trina Chen (14) Coverage Analyst Timothy Ross 1Q13 results summary: strong volume, lower unit GP, YTD on track Europe China Medical System Holdings Ltd. (0867.HK) – Maintain O Iris Wang (15) ICBC (1398.HK) Management meeting takeaway: sales network expansion well on track Date 29 April, Zurich China Mobile Limited (0941.HK) – Maintain O Colin McCallum, CA (16) Coverage Analyst Sanjay Jain 1Q13: slight reacceleration in revenues, slight beat on the bottom line E-House China Holdings Ltd (EJ.N) Chongqing Rural Commercial Bank (3618.HK) – Maintain N Sanjay Jain (17) Date 08 May, London Coverage Analyst Jinsong Du 1Q13 resultsalmost exactly in line; core tier 1 ratio closer to large banks' under new regime Others RiseSun Real Estate Development (002146.SZ) – Maintain O Vincent Chan (18) Daelim Industrial (000210.KS) 1Q13 result in line, maintain OUTPERFORM Date 07 May, Seoul Shanxi Xinghuacun Fen Wine (600809.SS) – Downgrade to N Vincent Chan (19) Coverage Analyst Minseok Sinn 1Q13 results disappoint consensus Credit Suisse Asian Technology Conference Hong Kong Date 11-13 September, Taiwan Coverage Analyst Manish Nigam Hong Kong Economics Christiaan Tuntono (20) Contact [email protected] or Your usual sales CPI inflation was at 3.6% YoY in March, and is expected to trend up representative. Samsonite International S.A. (1910.HK) – Maintain O Karim P. Salamatian, CFA (21) 1Q13 trading update: Positive momentum continues DISCLOSURE APPENDIX CONTAINS ANALYST CERTIFICATIONS AND THE STATUS OF NON-US ANALYSTS. FOR OTHER IMPORTANT DISCLOSURES, visit www.credit-suisse.com/ researchdisclosures or call +1 (877) 291-2683. U.S. Disclosure: Credit Suisse does and seeks to do business with companies covered in its research reports. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only a single factor in making their investment decision CREDIT SUISSE SECURITIES RESEARCH & ANALYTICS BEYOND INFORMATION TM Client-Driven Solutions, Insights, and Access Tuesday, 23 April 2013 Asian Daily Asian indices - performance (% change) Latest 1D 1W 3M YTD India ASX300 4928 0.7 (0.1) 3.4 6.5 Today is a public holiday in this market CSEALL 5872 (0.2) 0.6 (0.2) 4.1 India Oil & Gas Sector Sanjay Mookim (22) Hang Seng 22044 0.1 1.2 (6.7) (2.7) Lower oil benefits government first; companies should see reduced overhang, but not much EBITDA H-SHARE 10591 0.0 1.4 (13.0) (7.4) upgrades JCI 4997 (0.0) 2.1 13.1 15.8 KLSE 1707 0.0 0.5 4.4 1.0 Cairn India Ltd (CAIL.BO) – Maintain O Sanjay Mookim (23) KOSPI 1926 1.0 0.3 (2.7) (3.5) PAT miss on exploration costs; CAIR now suggests Mangala may produce 150 kbopd through FY14 KSE100 18606 (0.1) 0.4 10.1 10.1 Mindtree Ltd (MINT.BO) – Maintain N Anantha Narayan (24) NIFTY 5834 0.9 5.5 (3.8) (1.2) NIKKEI 13568.4 1.9 2.2 29.4 30.5 Pick-up in revenue growth, but margin expansion story may be over PCOMP 7120 2.3 4.1 16.9 22.5 Indonesia RED CHIP 4383 0.8 3.5 (6.9) (3.3) SET 1559 0.9 2.8 8.3 12.0 PT Indomobil Sukses Internasional (IMAS.JK) – Maintain U Dian Haryokusumo (25) STI 3309 0.5 0.7 2.4 4.5 Nissan 1Q13 sales volume: down 4% YoY, up 9% QoQ TOPIX 1145.6 1.7 1.0 29.0 33.2 PT Telkom (Telekomunikasi Indo.) (TLKM.JK) – Maintain O Colin McCallum, CA (26) TWSE 7970 0.5 2.7 2.9 3.5 VNINDEX 468 (1.0) (5.2) 5.7 13.2 AGM resolutions no surprise: 65% payout, a stock split, treasury stock sale Asian currencies (vs US$) Malaysia (% change) Latest 1D 1W 3M YTD Malaysia Market Strategy Tan Ting Min (27) A$ 1.0 (0.2) (1.1) (2.8) (1.2) Bt 28.7 0.2 1.0 3.9 6.7 Face-offs D 20925.0 - (0.3) (0.4) (0.4) Gamuda (GAMU.KL) – Maintain O Danny Goh (28) JPY 99.4 0.2 (1.8) (10.9) (12.8) One-off arbitration costs do not de-rail our positive investment thesis NT$ 29.8 (0.2) 0.2 (2.8) (2.7) P 41.3 (0.3) (0.0) (1.6) (0.7) Singapore PRs 98.4 0.0 (0.0) (0.6) (1.2) Mapletree Commercial Trust (MACT.SI) – Downgrade to N Yvonne Voon (29) Rp 9716.0 (0.1) (0.0) (1.0) 0.8 FY13 beat expectations on strong reversions at PSAB, VivoCity, but growth now appears priced in Rs 54.1 - 0.9 (0.6) 1.6 S$ 1.2 0.3 (0.4) (1.1) (1.5) South Korea SLRs 126.7 0.2 (1.0) 0.0 0.8 W 1119.1 (0.7) 0.1 (5.1) (4.9) Korean Auto Sector – Maintain OW Henry Kwon (4) Global indices “The Sky is Falling!” The case of GM Korea and the Chicken Little media reports (% change) Latest 1D 1W 3M YTD E-MART CO. LTD (139480.KS) – Maintain U Sonia Kim (30) DJIA 14531.2 (0.1) (0.5) 6.0 10.9 Weak as expected; consensus forecasts should fall S&P 500 1557.6 0.2 0.3 4.4 9.2 NASDAQ 3222.8 0.5 0.2 2.5 6.7 LG Display (034220.KS) – Maintain O John Sung (5) SOX 419.7 0.7 (0.7) 2.5 9.3 1Q13 OP in line with our above-consensus forecast and a further cyclical pick-up ahead EU-STOX 2627.7 0.1 (1.6) (0.3) 1.9 Taiwan FTSE 6280.6 (0.1) (1.0) 1.6 6.5 DAX 7478.1 0.2 (3.0) (2.8) (1.8) Taiwan Economics Christiaan Tuntono (31) CAC-40 3652.1 0.0 (1.6) (2.4) 0.3 March export orders disappointed, downside risk to growth looms 10 YR LB 1.7 (0.5) 1.0 (7.9) (3.5) 2 YR LB 0.2 (1.8) 3.5 (6.9) (8.5) Thailand US$:E 1.3 0.0 (0.9) (1.9) (1.1) Thailand Banks Sector Dan Fineman (32) US$:Y 99.4 (0.0) (1.8) (10.9) (12.8) 1Q13 results review: Surprise on fee income BRENT 99.8 0.7 1.1 (12.4) (10.9) GOLD 1422.4 1.3 5.5 (16.0) (15.1) C.P. All PCL (CPALL.BK) – Maintain O Karim P. Salamatian, CFA (33) VIX 14.8 (0.9) (14.1) 19.4 (17.6) Could acquiring Makro really work? Thomson Financial Datastream MSCI Asian indices – valuation & perf. EPS grth. P/E (x) Performance MSCI Index 11E 12E 11E 12E 1D 1M YTD Asia F X Japan 18 12 11.6 10.3 0.0 0.9 (1.9) Asia Pac F X J.
Recommended publications
  • MCA Against Perkasa, but Accepts 'Repentant' Zul Noordin, Says Soi
    MCA against Perkasa, but accepts ‘repentant’ Zul Noordin, says Soi Lek Malaysian Insider May 2,2013 By Zurairi AR KUALA LUMPUR, May 2 – Datuk Seri Dr Chua Soi Lek said today that MCA has accepted Perkasa vice-president Datuk Zulkifli Noordin as a Barisan Nasional (BN) candidate, despite vehemently renouncing the Malay supremacy group. The remark by the MCA president follows black-and-white advertisements put out by DAP in Chinese dailies Sin Chew Daily and China Press, which say that a vote for MCA is a vote for Umno and Perkasa. “MCA is against Perkasa ... In the case of Shah Alam, he practised extremist politics while he was in PAS. After he entered BN, he is penitent and has repented,” Dr Chua told reporters here, referring to Zulkifli who is contesting the Malay-majority Shah Alam seat as a BN direct candidate. “When someone apologises openly we have to accept him sincerely. All religions do that.” Dr Chua (picture) also slammed DAP for confusing voters by saying that one vote for MCA equals one vote for Perkasa, since the two organisations have no official link. Meanwhile, saying one vote for DAP equals one vote for PAS is accurate since the two parties have allied themselves in Pakatan Rakyat (PR), Dr Chua said. The BN decision to field Zulkifli, the Kulim Bandar Baharu incumbent who was once a lawyer for de facto PR leader Datuk Seri Anwar Ibrahim, has been laced with controversy from the start. Zulkifli was in PAS before 2008, and became a BN-friendly independent MP and critical of the opposition when he was dismissed from PKR on March 6, 2010 over a police report he lodged against PAS’ Khalid Abdul Samad, who is the incumbent MP of Shah Alam.
    [Show full text]
  • Malaysia General Election 13
    Beat: Politics Malaysia General Election 13 General Election Georgetown, Penang, 07.05.2013, 06:44 Time USPA NEWS - Ruling coalition Barisan Nasional has little reason to gloat over its win in the May 5 general election. Violence, phantom voters and the unreliable indelible ink were only part of the shenanigans BN resorted to in its bid to secure Putrajaya. Victory however was far from sweet for BN; not only did Despite BN´s extensive propaganda, good sense thankfully prompted voters to reject candidates such as Malay extremist party Perkasa president Ibrahim Ali who was knocked out by PAS´ Nik Abdul Nik Aziz in Pasir Mas, Kelantan. In the 2008 general election, Ibrahim won the seat under the PAS ticket. He later contested as an independent candidate for the Pasir Mas parliamentary seat. Also shown the door was Perkasa vice-president Zulkifli Noordin, who riled up the Hindus with his insensitive remarks about the religion. Shah Alam incumbent MP Khalid Samad beat Zulkifli with a slight increase in majority. He polled 48,835 votes to Noordin´s 38,084. Ibrahim despite receving full backing from former prime minister Dr Mahathir Mohamad endorsing him As for Zulkifli, despite being racist to the core, he was BN´s choice for the Shah Alam parliamentary seat; maybe it was poetic justice that brought an end to Zulkifli´s active stint in politics, for shortly before he was named as the BN candidate, Zulkifli invited trouble by belittling the Hindu deities. In the 2008 general election, Zulkifli contested for the Kulim-Bandar Bahru parliamentary seat under the Pakatan Keadilan Rakyat (PKR) ticket.
    [Show full text]
  • Sexuality, Islam and Politics in Malaysia: a Study of the Shifting Strategies of Regulation
    SEXUALITY, ISLAM AND POLITICS IN MALAYSIA: A STUDY OF THE SHIFTING STRATEGIES OF REGULATION TAN BENG HUI B. Ec. (Soc. Sciences) (Hons.), University of Sydney, Australia M.A. in Women and Development, Institute of Social Studies, The Netherlands A THESIS SUBMITTED FOR THE DEGREE OF DOCTOR OF PHILOSOPHY DEPARTMENT OF SOUTHEAST ASIAN STUDIES NATIONAL UNIVERSITY OF SINGAPORE 2012 ii Acknowledgements The completion of this dissertation was made possible with the guidance, encouragement and assistance of many people. I would first like to thank all those whom I am unable to name here, most especially those who consented to being interviewed for this research, and those who helped point me to relevant resources and information. I have also benefited from being part of a network of civil society groups that have enriched my understanding of the issues dealt with in this study. Three in particular need mentioning: Sisters in Islam, the Coalition for Sexual and Bodily Rights in Muslim Societies (CSBR), and the Kartini Network for Women’s and Gender Studies in Asia (Kartini Asia Network). I am grateful as well to my colleagues and teachers at the Department of Southeast Asian Studies – most of all my committee comprising Goh Beng Lan, Maznah Mohamad and Irving Chan Johnson – for generously sharing their intellectual insights and helping me sharpen mine. As well, I benefited tremendously from a pool of friends and family who entertained my many questions as I tried to make sense of my research findings. My deepest appreciation goes to Cecilia Ng, Chee Heng Leng, Chin Oy Sim, Diana Wong, Jason Tan, Jeff Tan, Julian C.H.
    [Show full text]
  • A Study on Interruptions by the Chairperson in the Dewan Rakyat
    ACCOUNTABILITY IN THE PARLIAMENT OF MALAYSIA: A STUDY ON INTERRUPTIONS BY THE CHAIRPERSON IN THE DEWAN RAKYAT Inaugural-Dissertation zur Erlangung der Doktorwürde der Philosophischen Fakultät der Rheinischen Friedrich-Wilhelms-Universität zu Bonn vorgelegt von Nor Azura binti A Rahman aus Johor, Malaysia Bonn 2021 Gedruckt mit der Genehmigung der Philosophischen Fakultät der Rheinischen Friedrich-Wilhelms-Universität Bonn Zusammensetzung der Prüfungskommission: Prof. Dr. Stephan Conermann (Vorsitzende/Vorsitzender) Prof. Dr. Christoph Antweiler (Betreuerin/Betreuer und Gutachterin/Gutachter) Prof. Dr. Claudia Derichs (Gutachterin/Gutachter) Tag der mündlichen Prüfung: 26 November 2020 i ABSTRACT The election of the chairman of the House of Representatives, a chamber of the Malaysian parliament, has always been determined by the ruling party. The centralization of executive power has also absorbed the function of the chairman, so that the chairman acts partisanly in parliamentary debates. Also, the chairman has developed into an institution that carries out agenda-setting within the framework of the parliament. This raises the conceptual question of whether legislation in Malaysia is still performed independently by the parliament. The observed patterns require an attempt to re-conceptualize the roles as well as the assigned meaning of various expressions of parliamentary routine, including those that are unwritten and informal, for instance those which can also be termed “subjective forms of rule” at one's own discretion. In my doctoral thesis, I apply an interdisciplinary analytical framework that relates to accountability studies, as well as micro- sociological direct interaction, the interpretations of procedural interactions in conversation, as well as studies of political discretion in parliamentary operations. My main research question asks how the Speaker of Parliament fulfils his responsibilities by disrupting ongoing parliamentary debates.
    [Show full text]
  • Penyata Rasmi Parlimen Dewan Rakyat
    Bil. 12 Khamis 1 April 2010 MALAYSIA PENYATA RASMI PARLIMEN DEWAN RAKYAT PARLIMEN KEDUA BELAS PENGGAL KETIGA MESYUARAT PERTAMA K A N D U N G A N JAWAPAN-JAWAPAN LISAN BAGI PERTANYAAN-PERTANYAAN (Halaman 1) RANG UNDANG-UNDANG DIBAWA KE DALAM MESYUARAT (Halaman 25) USUL-USUL: Waktu Mesyuarat dan Urusan Dibebaskan Daripada Peraturan Mesyuarat (Halaman 25) Menjunjung Kasih Titah Ucapan Seri Paduka Baginda Yang di-Pertuan Agong – YB. Dato’ Haji Ismail bin Haji Mohamed Said (Kuala Krau) (Halaman 26) Diterbitkan Oleh: CAWANGAN PENYATA RASMI PARLIMEN MALAYSIA 2010 DR.1.4.2010 i AHLI-AHLI DEWAN RAKYAT 1. Yang Berbahagia Tuan Yang di-Pertua, Tan Sri Datuk Seri Utama Pandikar Amin Haji Mulia, S.U.M.W., P.G.D.K., P.S.M., J.S.M., J.P. 2. Yang Berhormat Timbalan Yang di-Pertua, Datuk Dr. Haji Wan Junaidi Tuanku Jaafar, P.J.N., P.B.S. J.B.S., J.S.M. (Santubong) – PBB 3. “ Timbalan Yang di-Pertua, Datuk Ronald Kiandee, A.S.D.K., P.G.D.K. (Beluran) – UMNO MENTERI 1. Yang Amat Berhormat Perdana Menteri dan Menteri Kewangan, Dato’ Sri Mohd. Najib bin Tun Haji Abdul Razak, D.U.P.N., S.S.A.P, S.I.M.P., D.P.M.S., D.S.A.P., P.N.B.S., D.U.B.C.(T). (Pekan) – UMNO 2. “ Timbalan Perdana Menteri dan Menteri Pelajaran, Tan Sri Dato’ Haji Muhyiddin bin Haji Mohd. Yassin, S.P.M.P., S.P.M.J., P.S.M., S.M.J., P.I.S., B.S.I.
    [Show full text]
  • ISU SURVIVAL POLITIK MUSLIM DI MALAYSIA Oleh Prof
    ISU SURVIVAL POLITIK MUSLIM DI MALAYSIA Oleh Prof. Zakaria Stapa dan Prof. Madya Dr. Ibrahim Abu Bakar PENDAHULUAN Melayu dan Muslim adalah sinonim mengikut Perlembagaan Persekutuan Malaysia (the Federal Constitution of Malaysia). Artikel 160 Intepretation (Interpretasi). “`Malay’ means a person who professes the religion of Islam, habitually speaks the Malay language, conforms to Malay custom and—(a) was before Merdeka Day born in the Federation or in Singapore or born of parents one of whom was born in the Federation or in Singapore, or is on that day domiciled in the Federation or in Singapore; or (b) is the issue of such a person;” (Legal Research Board 1988: 153). Perlembagaan Persekutuan Malaysia juga menyatakan dalam Artikel 3 (1) “Islam is the religion of the Federation; but other religions may be practised in peace and harmony in any part of the Federation”.(Legal Research Board 1988: 2). Islam dan Melayu merupakan elemen yang cukup erat. Ini diakui oleh para pengkaji sejarah Malaysia, perlembagaan Malaysia, undang-undang Malaysia dan politik Malaysia yang berada di Malaysia dan di luar Malaysia. Kaitan dua unsur ini dapat dikesan di kalangan ahli-ahli politik Muslim di Malaysia khususnya isu-isu yang dibangkitkan ketika menjelang pilihanraya umum. Di Malaysia terdapat parti politik yang bernama Parti Islam Se-Malaysia (Pan-Malaysian Islamic Party) yang diringkaskan dengan nama PAS yang muncul sebelum kemerdekaan Tanah Melayu daripada penjajah Inggeris. Tanah Melayu atau Malaya dalam bahasa Inggeris diberikan kemerdekaan pada 31hb. Ogos 1957 dan Malaysia diberikan kemerdekaan pada 16 September 1963. Parti politik Melayu yang tidak menggunakan nama Islam adalah UMNO (the United Malays National Organization) yang juga ditubuhkan sebelum Tanah Melayu mendapat kemerdekaan daripada Inggeris.
    [Show full text]
  • Untuk Raih Undi Najib ‘Kitar Semula’ Isu Air Dan Sampah SHAH ALAM - Kerajaan Um- Meraih Undi Rakyat Selangor
    Penggerak Kemajuan Saksama SISIPAN KHAS 8 muka Wadah di dalam SelangorPERCUMA 24 - 26 April 2013, 13 - 15 Jamadilakhir 1434 Kini MCA hanya datang Mat Taib bantu Jadi ‘khadam’ beri gula-gula PR pertahan resepi Siti Mariah pilihan raya Selangor dekati rakyat muka 3 muka 2 muka 7 CINTAI BUKU… Exco Selangor, Dr Halimah Ali, bersama-sama anak- anak kecil membaca buku di Perbadanan Perpus- takaan Awam Selangor (PPAS), Cawangan Klang sempena sambutan Hari Buku Sedunia 2013. Dr Halimah memaklumkan PPAS Cawangan Klang akan ditutup buat sementara waktu untuk kerja-kerja menaik taraf bangunan bagi dilengkapi dengan kemudahan Wifi percuma, ruang untuk kanak-kanak dan bilik seminar Untuk raih undi Najib ‘kitar semula’ isu air dan sampah SHAH ALAM - Kerajaan Um- meraih undi rakyat Selangor. Mengapa syarikat geri Selangor berusaha untuk Exco Selangor, Ronnie Liu ber- no-BN adalah penyebab uta- Umno-BN kata Najib akan me- yang berkali-kali mengambilalih syarikat terse- kata, Kerajaan Selangor telah ma gangguan air terawat di Se- nyelesaikan krisis air dan pu- gagal dibenarkan but daripada pemiliknya. menjimatkan RM80 ke RM100 langor tidak dapat diselesaikan ngutan sampah sekiranya diberi untuk terus mengurus “Najib patut menggunakan juta, tahun lalu apabila per- kerana gagasan itu terus mem- mandat mentadbir Selangor. ‘golden share’ Kerajaan Perse- khidmatan pungutan sampah di- pertahankan syarikat swasta Bekas Exco Selangor, Dr Xavi- perkhidmatan yang kutuan di dalam Syabas untuk ambil alih daripada syarikat yang selama ini tidak mengurus er Jayakumar menjelaskan ba- sangat kritikal?” membenarkan Selangor ambil- Alam Flora. industri air dengan baik. hawa Syarikat Bekalan Air Se- Sebenarnya tiada alih Syabas. Penjimatan tersebut disalur- Dalam menyanggah ke- langor (Syabas) berkali-kali krisis air di Selangor.
    [Show full text]
  • (1) Perlembagaan Persekutuan Memperuntukkan Hak Kebebasan Beragama Bagi Setiap Individu Di Persekutuan Malaysia
    BAB 1 PENGENALAN 1.1 PENDAHULUAN Amnya, Perkara 11 (1) Perlembagaan Persekutuan memperuntukkan hak kebebasan beragama bagi setiap individu di Persekutuan Malaysia. Peruntukan ini meliputi hak untuk menganut, mengamalkan agamanya dan tertakluk kepada fasal empat mengembangkannya. Namun begitu, kajian ini memberi fokus kepada hak individu untuk menukar agamanya dan menitikberat tentang pertukaran agama salah seorang ibu bapa bukan Islam kepada Islam manakala yang seorang lagi masih kekal dengan agama bukan Islam. Terdapat beberapa aspek kebajikan yang berkait dengan pertukaran agama salah seorang ibu bapa yang memeluk agama Islam, antaranya persoalan berkaitan hak penentuan pendidikan agama dan pendidikan anak. Lazimnya, ibu bapa lebih mengutamakan hak-hak mereka dan kadangkala mengabaikan hak dan kebajikan anak dengan tidak mendengar pendapat anak mereka, walaupun keputusan ibu bapa melibatkan anak secara langsung. Persoalan lain yang timbul juga adalah, hak jagaan anak. Keputusan mahkamah seharusnya mempertimbangkan hasrat dan keinginan anak untuk tinggal bersama individu yang dirasakan selesa dan selamat tergolong dalam aspek kebajikan kanak-kanak. Begitu juga dengan persoalan nafkah, ibu bapa yang menukar agamanya seharusnya menyempurnakan nafkah anak yang secukupnya demi memastikan perkembangan anak itu dalam keadaan baik dan seimbang. Sebagai perbandingan, keputusan-keputusan mahkamah di negara Barat amat menitikberatkan aspek kebajikan kanak-kanak sebagai faktor penyelesaian pertikaian antara ibu bapa. Antara faktor yang diambilkira adalah hubungan anak dengan ibu bapa, tuntutan 1 dan hasrat ibu bapa, risiko, pilihan dan apa-apa keadan yang menyumbang kepada kepada kebajikan kanak-kanak.1 Kajian ini akan mengupas aspek-aspek kebajikan kanak-kanak yang berkaitan dengan pertukaran agama ibubapa bukan Islam kepada Islam dan perbandingan kes-kes yang berkaitan .Terdapat beberapa aspek kebajikan yang perlu dibincangkan rentetan daripada pertukaran agama salah seorang ibubapa bukan Islam kepada Islam , sama ada ibu atau bapa.
    [Show full text]
  • What Happened in GE13, and What Now? Malaysiakini.Com June 16, 2013 by Clive Kessler
    What happened in GE13, and what now? MalaysiaKini.com June 16, 2013 By Clive Kessler ANALYSIS In a brief commentary elsewhere (‘Malaysia's election result - no surprise to the knowledgeable,' Asian Currents, June 2013), I have noted one paradoxical but hugely important consequence of Malaysia's recent national elections held on 5 May. A paradox: anomalous domination The remarkable, perhaps "counter-intuitive", fact is that, while the election result itself - namely, a fairly close but nonetheless comfortable victory of the Umno-centred Barisan Nasional side over the Pakatan Rakyat opposition - came as no great surprise, that unremarkable result nonetheless had one quite surprising, even paradoxical, consequence. From GE13 an electorally weakened Umno emerged politically even more dominant than it had been before. While still embattled in the broader political arena, Umno was delivered a dominant position within the parliament, ruling coalition and government. By bestowing it with that now dominant parliamentary position, GE13 had delivered into Umno's hands an ascendancy over the governing BN coalition, government policy, parliament's agenda and parliamentary process, and thereby over national political life - over the nation's affairs and direction - of a quite unprecedented and perhaps irresistible kind. NONEWhat are the relevant facts here? The immediate challenge facing Premier Najib Abdul Razak (right), it had been said in the run-up to GE13, was at best to win back the two-thirds majority (or 148 of the 222 seats in the Dewan Rakyat), or at least to improve on the 2008 yield of 140. More modest and realistic than demanding recovery of the two-thirds majority, some suggested that even 145 would have been a "good result", good enough to ensure his immediate political survival against critics, adversaries and doubters in his own camp.
    [Show full text]
  • It's Kulim If Court Orders By-Election Malaysiakini.Com Jul 27, 2008
    It's Kulim if court orders by-election Malaysiakini.com Jul 27, 2008 Opposition icon Anwar Ibrahim said today that he aims to return to parliament for the first time in a decade later this year if a court orders a by-election in Kulim-Bandar Baharu. MCPX "I can now confirm that I will contest a by-election in Kulim," said Anwar at a rally of 8,000 people in the constituency tonight. A high court in Kedah will hear a challenge on Aug 19 asking it to invalidate the result in the Kulim-Bandar Baharu seat that was won by his PKR in March 8 general elections. anwar ibrahim and pkr speechAnwar said that if the court declares the result null and void he will contest the ensuing by-election. "My plan is to contest in the Kulim-Bandar Baharu seat. I am optimistic of victory," he told AFP earlier today. "The constituency neighbours my hometown of Permatang Pauh in Penang. I am familiar with the locals there." The incumbent PKR parliamentarian Zulkifli Noordin has said he would make way for Anwar. "He understands that this is a political struggle," said Anwar of Zulkifli. "He is paving the way for me (to return to Parliament)," he added in appreciation for the Kulim MP. "God willing, Kulim will create history." A return to parliament would be a next step in the political rehabilitation of Anwar, who was sacked as deputy premier in 1998 and later jailed on sodomy and corruption charges. The sex conviction was overturned but the corruption count barred him from public office until April.
    [Show full text]
  • View Malaysia Report
    Malaysia Malaysia Malaysia Formal Name Malaysia Capital City Kuala Lumpur Declared Relationship “Islam is the religion of the Federation; but other religions may be practised in peace with Religion and harmony in any part of the Federation.” (Article 3(1) of the Federal Constitution)2 Form of Government Federal System Regulation of Religion State Powers Total Population 29,947,000 (2013)3 Religious Demography in 2010:4 Year Islam Buddhist Christian Hindu Confucianism, Tao- Unknown No Other (%) ism, Tribal/folk/ other religion religion (%) (%) (%) traditional Chinese (%) religion (%) (%) (%) 2010 61.3 19.8 9.2 6.3 1.3 1.0 0.7 0.4 1 The Malaysian Centre for Constitutionalism and Human Rights would like to thank Long Seh Lih, K. Shanmuga, Paula Tena, Khairil Zhafri and Zaharom Nain for their contribution to the research. 2 Article 3 of the Federal Constitution reads, “(1) Islam is the religion of the Federation; but other religions may be practised in peace and harmony in any part of the Federation. (2) in every State other than States not having a Ruler the position of the Ruler as the head of the religion of Islam in his State in the manner and to the extent acknowledged and declared by the Constitution of that State, and, subject to that Constitution, all rights, privileges, prerogatives and powers enjoyed by him as head of that religion, are unaffected and unimpaired; but in any acts, observances or ceremonies with respect to which the Conference of Rulers has agreed that they should extend to the Federation as a whole each of the other Rulers shall in his capacity of head of the religion of Islam authorise the Yang di-Pertuan Agong to represent him.
    [Show full text]
  • IIUM Lecturer Aziz Bari Slammed in Parliament for Disputing Selangor Sultan's Stand Bernama October 12, 2011
    IIUM Lecturer Aziz Bari Slammed In Parliament For Disputing Selangor Sultan's Stand Bernama October 12, 2011 KUALA LUMPUR, Oct 12 (Bernama) -- Some lawmakers today slammed law lecturer Prof Dr Abdul Aziz Bari for disputing the Sultan of Selangor's stand on the check conducted by the State Islamic Religious Department (Jais) on a premises belonging to the Damansara Utama Methodist Church, on Aug 3. The check was conducted following allegations of proselytising of Muslims attending a thankgiving dinner at the Dream Centre Complex in Petaling Jaya. Datuk Bung Moktar Radin (BN-Kinabatangan) said the International Islamic University of Malaysia (IIUM) lecturer should be made to face action for his statement which showed disrespect for the Selangor Sultan as head of the Islamic religion in the state. Bung Mokhtar also disagreed with the argument of Ahmad Kasim (PKR-Kuala Kedah) that scholars should be given the freedon to voice their opinions. "Yes, we are free to speak and criticise, but there is a limit. But what he (Abdul Aziz) had said was improper. "I ask that stern action be taken against him, and I don't care which party he supports," he said when debating on the Supply Bill 2012 in the Dewan Rakyat. Abdul Aziz was quoted by a news portal (Malaysiakini) as describing the Selangor Sultan's action of intervening in the Jais-church issue as unusual and inconsistent. Datuk Shamsul Anuar Nasarah (BN-Lenggong) who interjected Bung Mokhtar's debate, also agreed that action be taken against Abdul Aziz as many of his statements and writings were confusing the people, besides being partisan.
    [Show full text]