11 APs issued for river sand exports
PUTRAJAYA has to date issued 11 approved permits (APs) for river sand exports allowing companies to export the material and other minerals to selected countries in the region.
The figures were revealed in a June 24 bursa filing by Kanger International Bhd when the group announced that it was authorised to represent Legasi Lestari Sdn Bhd, one of the AP holders, to promote river sand and other minerals to mainland China and Hong Kong.
The AP was issued by the Ministry of Energy and Natural Resources, and is valid until July 2027. This enables companies like Legasi Lestari to export river sand to Brunei, China, Taiwan, Korea, Vietnam, Hong Kong, India, Japan and Maldives.
River sand is permitted for export only with the prime minister’s approval.
Kanger, which is listed on the ACE Market, said it formed the joint venture as Legasi wanted to tap the former’s experience in China and Hong Kong.
Company filings show that Legasi Lestari was founded in July 2012 and is based in Pekan, Pahang. The company started exporting river sand in 2017.
Legasi Lestari’s major shareholders are Rahim Ali (50%), Ainfarynor Andiana Rabuang @ Rabuan (40%) and the estate of Wan Mohamad Razali Wan Mahussin (10%).
Wan Mohamad Razali was the Pahang assembly speaker from 1999 to 2013. He died in 2015 due to complications from diabetes and hypertension.
Legasi Lestari netted a loss of RM239,129 for the financial year ended Dec 31, 2018. – June 26, 2020
In a former PM's rule (1981 to 2003, wakakaka) he prohibited sand to be sold to Singapore who desperately needed them for reclamation works. Sing thus had to buy far more expensive sand and earth from Indonesia and Vietnam (because of the greater transportation costs).
That PM made the correct decision not to sell sand though he made that decision for the wrong reason. He refused to sell sand to Singapore because he bloody-mindedly wanted to eff the Sings up as he hated the island's government, and not because he loved Malaysia.
That's bullshit - they have enough sand and soil of their own.
There are three things we must never sell, namely:
(1) sand, earth, soil etc (ore, oil, gas are OK),
(2) water (we should be thinking of building a massive national strategic reserve of water resources), and
(3) our pride, honour, integrity and sovereignty.
I'm not sure who approves the sale of sand to such countries like China, Taiwan, Korea, Vietnam, Hong Kong, India, Japan??? but once sold, we'll never ever see our 'soil' again.
Always remember Julia A Carney's words (1845):
Little drops of water
Little grains of sand,Make the mighty ocean,
And the pleasant land.
So the little moments,
Humble though they be,
Make the mighty ages
Of eternity.
Sea sand, which the world has megatons of, is no good for making concrete, as well as building foundations from sea reclamation. Similarly with desert sand, because of the salt content.
ReplyDeleteThe salt content can destroy the concrete directly, or slowly seep up building foundations through sand reclaimed from the sea.
So the cleanest sand ( not silt) washed by ample river water, is mainly sourced from tropical countries.
That, the world has a finite and diminishing supply.
Not wrong to earn good income from this resource, but it must be controlled, at a fair price, and done through proper contracts, instead of going mostly into pockets of Connected individuals.
Follow The Money....To Pekan....ha ha ha....
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