Bristeel Overseas Ventures Inc.
You care cordially invited to the
Investor’s Presentation – Manifestation for DMIA T2
“Undertaking to develop the DMIA existing Terminal 1,
Major Expansion (7MPPA) Project through
a joint venture agreement with CIAC”
Presented by BriSteel Overseas Ventures Inc.
in coordination with
The Pampanga Media Group
on Friday, August 6, 2010 at Eight Thirsty in the morning
at the Acacia Ballroom, Holiday Inn Clark,
Clark Special Economic Zone, Pampanga
RSVP: Cecil Carreon 0915-643-9925.
So read the invitation I got my hands on over the weekend.
An ordinary, innocent enough invitation with some tongue-in-cheek – “Eight Thirsty” – thrown in for effect, perhaps most inadvertently. At first glance.
A most disturbing proposition on second look: at the prime movers of the event – “Presented by BriSteel Overseas Ventures Inc. in coordination with The Pampanga Media Group.”
So who comprise this media group? So every mediaman worth his name in ink could rightfully denounce them for dragging the profession to the level of paid hacks.
By coordinating the presentation of the manifestation for investment of a private foreign consortium, this “Pampanga Media Group” is actually doing advertising, if not engaging in direct marketing job for that investor. Which is anathema to journalism praxis. Media is in the business to report news, not to market products or companies.
There is a clear breach of media ethics here. This “Pampanga Media Group” indeed deserves damnation.
By clearly taking the side of Bristeel Overseas Ventures – okay let’s just use the acronym BOVI for brevity, how can this media group still adhere to fairness, to objectivity, to accuracy with the other proposals to develop the DMIA terminal and other expansion projects at the Clark airport?
For instance, there is the all-Filipino Philco-Aero consortium of business titans – San Miguel Corp. among them; telecom-energy-media-infra magnate Manny V. Pangilinan a-joining – which proposal is said to be much superior to the Malaysian BOVI’s. That is if insiders at the Clark International Airport Corp. are to be believed.
Our CIAC moles said Philco-Aero’s proposal includes giving CIAC a share in terminal fees and other airport revenues which were not in the BOVI proposal.
“The color of their money is not so green: they are financially incapable to develop DMIA. They don’t have any landmark experience in developing airports and they have no financial proposal for the 200-hectare area they want to develop.” So they said of BOVI.
My curiosity stirred, I surfed the web for BOVI. The nearest I got to was a “Bristeel Corporation Sdn. Bhd. (182455D)” profiled as “Design, roll-forming, fabrication and installation of steel truss roofing system and contract of roofing works.” Nothing on airport development. Sheer latero we found there.
Rummaging through my file of local stories on BOVI, I got to this statement from one William Chee, “authorized representative of BOV” that said: “…among its consortium members include Malaysian Resources Corp. Bhd. (MRCB) And Malaysian Airport Holdings Bhd. (MAHB).”
A check in the web again disclosed that true to Chee’s statements, MRCB is indeed one of the largest property development and investment companies in Malaysia which concerns included “residential, tourism, commercial, industrial and multi-modal transportation hubs and projects worldwide.” Yes, true too that the award-winning landmark project Kuala Lumpur Sentral – “a city within a city” around Malaysia’s largest transit hub was its own creation.
Chee was also correct with MAHB being “a wholly-owned government firm mandated to develop, operate and manage all airport facilities in Malaysia including the newly-built $ 3.5 billion Kuala Lumpur International Airport (KLIA) in a sprawling 10,000-hectare complex in Sepang district.”
However as to BOVI being part of either MRCB or MAHB is something that could not be determined in the web. A check of both companies’ subsidiaries or consortia did not show any BOVI.
No, this is in no way a disparagement of BOVI. It is a simple statement of a fact, intrigued as I was with the utter contempt for ethics by that “Pampanga Media Group.”
Tidak boleh lah. No can do. To tell it in Bahasa Malaysia. No can do in using the local media to advance whatever interest BOVI wants to pursue at the DMIA.
And a word of caution too to BOVI: Awas. Beware of the “media” you deal with.
Already the Pampanga Press Club, through its president, Perry Pangan, has disowned anything to do with BOVI, contrary to what was written in good friend Ram Mercado’s well-read column.
Our Society of Pampanga Columnists has nothing to do with BOVI.
The prolific Ashley Manabat, chair of the National Union of Journalists of the Philippines-Pampanga Chapter has denounced any media group engaged in endorsing BOVI or any private company pursuing business interests as “grossly unethical.”
The Central Luzon Media Association, the Angeles City Press and Radio Club and the Pampanga Tri-Media Association have all disowned even the slightest connection with BOVI.
So who are these “Pampanga Media Group”?
A creation of BOVI itself to get some leverage in its negotiations with CIAC, given the current problems of CIAC with the media? That’s one wily ploy.
Name names. Boleh lah?
You care cordially invited to the
Investor’s Presentation – Manifestation for DMIA T2
“Undertaking to develop the DMIA existing Terminal 1,
Major Expansion (7MPPA) Project through
a joint venture agreement with CIAC”
Presented by BriSteel Overseas Ventures Inc.
in coordination with
The Pampanga Media Group
on Friday, August 6, 2010 at Eight Thirsty in the morning
at the Acacia Ballroom, Holiday Inn Clark,
Clark Special Economic Zone, Pampanga
RSVP: Cecil Carreon 0915-643-9925.
So read the invitation I got my hands on over the weekend.
An ordinary, innocent enough invitation with some tongue-in-cheek – “Eight Thirsty” – thrown in for effect, perhaps most inadvertently. At first glance.
A most disturbing proposition on second look: at the prime movers of the event – “Presented by BriSteel Overseas Ventures Inc. in coordination with The Pampanga Media Group.”
So who comprise this media group? So every mediaman worth his name in ink could rightfully denounce them for dragging the profession to the level of paid hacks.
By coordinating the presentation of the manifestation for investment of a private foreign consortium, this “Pampanga Media Group” is actually doing advertising, if not engaging in direct marketing job for that investor. Which is anathema to journalism praxis. Media is in the business to report news, not to market products or companies.
There is a clear breach of media ethics here. This “Pampanga Media Group” indeed deserves damnation.
By clearly taking the side of Bristeel Overseas Ventures – okay let’s just use the acronym BOVI for brevity, how can this media group still adhere to fairness, to objectivity, to accuracy with the other proposals to develop the DMIA terminal and other expansion projects at the Clark airport?
For instance, there is the all-Filipino Philco-Aero consortium of business titans – San Miguel Corp. among them; telecom-energy-media-infra magnate Manny V. Pangilinan a-joining – which proposal is said to be much superior to the Malaysian BOVI’s. That is if insiders at the Clark International Airport Corp. are to be believed.
Our CIAC moles said Philco-Aero’s proposal includes giving CIAC a share in terminal fees and other airport revenues which were not in the BOVI proposal.
“The color of their money is not so green: they are financially incapable to develop DMIA. They don’t have any landmark experience in developing airports and they have no financial proposal for the 200-hectare area they want to develop.” So they said of BOVI.
My curiosity stirred, I surfed the web for BOVI. The nearest I got to was a “Bristeel Corporation Sdn. Bhd. (182455D)” profiled as “Design, roll-forming, fabrication and installation of steel truss roofing system and contract of roofing works.” Nothing on airport development. Sheer latero we found there.
Rummaging through my file of local stories on BOVI, I got to this statement from one William Chee, “authorized representative of BOV” that said: “…among its consortium members include Malaysian Resources Corp. Bhd. (MRCB) And Malaysian Airport Holdings Bhd. (MAHB).”
A check in the web again disclosed that true to Chee’s statements, MRCB is indeed one of the largest property development and investment companies in Malaysia which concerns included “residential, tourism, commercial, industrial and multi-modal transportation hubs and projects worldwide.” Yes, true too that the award-winning landmark project Kuala Lumpur Sentral – “a city within a city” around Malaysia’s largest transit hub was its own creation.
Chee was also correct with MAHB being “a wholly-owned government firm mandated to develop, operate and manage all airport facilities in Malaysia including the newly-built $ 3.5 billion Kuala Lumpur International Airport (KLIA) in a sprawling 10,000-hectare complex in Sepang district.”
However as to BOVI being part of either MRCB or MAHB is something that could not be determined in the web. A check of both companies’ subsidiaries or consortia did not show any BOVI.
No, this is in no way a disparagement of BOVI. It is a simple statement of a fact, intrigued as I was with the utter contempt for ethics by that “Pampanga Media Group.”
Tidak boleh lah. No can do. To tell it in Bahasa Malaysia. No can do in using the local media to advance whatever interest BOVI wants to pursue at the DMIA.
And a word of caution too to BOVI: Awas. Beware of the “media” you deal with.
Already the Pampanga Press Club, through its president, Perry Pangan, has disowned anything to do with BOVI, contrary to what was written in good friend Ram Mercado’s well-read column.
Our Society of Pampanga Columnists has nothing to do with BOVI.
The prolific Ashley Manabat, chair of the National Union of Journalists of the Philippines-Pampanga Chapter has denounced any media group engaged in endorsing BOVI or any private company pursuing business interests as “grossly unethical.”
The Central Luzon Media Association, the Angeles City Press and Radio Club and the Pampanga Tri-Media Association have all disowned even the slightest connection with BOVI.
So who are these “Pampanga Media Group”?
A creation of BOVI itself to get some leverage in its negotiations with CIAC, given the current problems of CIAC with the media? That’s one wily ploy.
Name names. Boleh lah?
