Preparing for the 1st Anniversary

Can somebody tell me what the f*ck is Linghams family doing right now?

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WANTED : PV Lingham (a.k.a Andy Lingham)

• PV Lingham, also known as Ir. Andy Lingham is the former Managing Director of Agni Energie (Agni Inc Malaysia).

• He is the father of Sri Mohana Lingham (Dr Sri Lingham) and husband to Malar Lingham.

• PV Lingham together with his Sri Lankan wife, Malar Lingham and his son, Sri Mohana Lingham seems to be more powerful than the Board Director of Agni Inc. (father, mother, & son)
  

• Due to this unprofessional practice, Agni Inc and its subsidiaries have a lack of corporate governance.

• Lot of emotional decisions were made by the trio instead of rational & strategic decisions.
  

Quoted from H@cker's The Answers

Someone told me that he's a year younger than his wife.
Not much to say about him, but please la, if u r 80 n above, stay at home, play with ur grandchildren, pray a lot to God, etc.

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AGNI INC is on fire but the 'Fat Chicken' is hiding

Agni placed under receivership
Move follows default on 15m euro loan
By PAULINE NG
IN KUALA LUMPUR
Published August 17, 2009

RECEIVERS and managers (R&M) have been appointed for Singapore-based alternative renewal energy firm Agni Inc and its fully- owned Malaysian subsidiary Agni Energie following the former's default on a loan.

KPMG was appointed the R&M for both the companies after Agni defaulted on a loan of 15 million euros (S$30.9 million) from UK-based Bond Capital Partners (BCP). KPMG Singapore is the R&M for Agni Inc and KPMG Malaysia, for Agni Energie, an Agni creditor told BT.

Worrying signs that the family-owned business was in trouble emerged in June when Agni Energie abruptly laid off staff at its 100,000 square foot factory in Shah Alam, Selangor.

According to news reports, some 100 employees were given short notice of termination. The plant has since been closed.

Staff at Agni's Singapore office could not be reached and BT is given to understand that following the termination of the lease, the company had moved out.

BCP's corporate website states that it helps provide late-stage structured finance investments in mid-market enterprises that are planning a realisation event within 36 months, either through a listing, trade sale or recapitalisation. It lists Agni as one of its portfolio companies.

Whether the company's financials were affected because of the financial maelstrom is unclear, but in November Agni still claimed an order book in excess of RM600 million (S$246.2 million) in its media releases. (BIG LIE!) Attempts to contact its Malaysian chief executive Sri Mohanalingham proved unsuccessful. (FAT CHICKEN IS HIDING!)

An electrical engineer with 12 years experience as a banker, Mr Mohanalingham had planned to raise financing in January by the issue of Islamic debt papers for expansion purposes.

In an interview with a local newspaper, he said that Agni was targeting to raise some RM900-plus million in two tranches, but would test the market appetite with an initial RM255 million.

He had expressed confidence in the take-up, perhaps banking on Agni's niche as a designer and manufacturer of renewal energy technology to find takers.

The launch of the second tranche of RM600 million was planned for the second or third quarter.

An Agni supplier who has been unpaid for more than six months told BT the company had informed him that he would be paid once the bond issue was completed. (LYING TO SUPPLIERS!)

KPMG has since told him his chances of being paid are 'bleak' because he is an unsecured creditor.

Agni Inc had also proposed a reverse takeover of listed Netelusion at the end of last year in a deal worth US$236 million. However, the proposal, which was to see Agni injected into Netelusion in return for new shares in the loss-making online gaming firm, has since lapsed.

How Agni's operations in Portugal, Spain, the UK and US are faring remain unclear. According to reports, the company acquired US-based GenCell Corp - a molten-carbonate fuel cell developer and manufacturer - in January to complement its business.

Agni Energie appeared to be gaining business, in November announcing the construction of Malaysia's first biomass-to-energy plant. The 10MW plant was to be sited in Bera, Pahang, and would use empty palm oil bunches as feedstock.

Earlier this year, it said that it had been awarded the engineering procurement and commission turnkey contract by a local company to build a 12MW plant in Sarawak.

from:- http://www.businesstimes.com.sg/sub/news/story/0,4574,346280,00.html?

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WANTED : Sri Mohana Lingham

Sri Mohana Lingham or also known as Dr Sri Lingham is the former CEO of Agni Inc. He is more evil & inhuman than capitalist. Until today, he is still doing his evil manipulative plan in other places. Only God knows where this sinner is hiding.

HE HAS COMMITTED THE FOLLOWING SINS;

• Terminated all of his employees without valid reasons, salaries and any compensations.
• Cheated his clients & suppliers.
• Gave a lot of misleading / false statement to the media.
• The list goes on......
  

BEWARE OF SRI MOHANA LINGHAM!!!!

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The Lecture

Hi kids, I'm back! I know there must be some of you will miss me..hahaha..

I'm really sorry for not attending your class for the past few days . My throat was sore, my eyes were dry..but please don't be afraid, it's not swine flu. It's just the side effects of too much crying for the past fortnight..

Ok, what I gotta teach y'all today huh? Hurm, how about Business Management? What? Oh, I know this subject was not even in your syllabus yesterday, but what can I do? The government has just changed its policy yesterday..hahaha. So be it. As I'm waiting for the highest bid of commission from the textbook supplier, I'll take my materials from this website.

Sri, can u gimme a name of a company that nearly collapse because of bad management habit so I can make an anecdotal example? What? Agni Inc.? Good Sri, I've known for a long time that you are a bright student. According to the website, there are 6 tips to good business management.

First, please bear in your mind kids, even you are an expert in your field, that doesn’t mean that you have what it takes to be a business owner. In Agni's case, it's even worse. Let me read you the CEO's profile:

Sri Lingham, holds a doctorate in Electrical Engineering and is a member of the Institute of Electrical Engineers. Dr. Lingham spent 10 years in Investment Banking in the UK, Hong Kong and the US with HSBC, Merrill Lynch and GMAC. He had started investing in the Fuel Cell and Alternative Energy industry in the 90s and left Investment Banking to drive Agni Inc in 2002, with overall responsibility for execution and technology development. Dr. Lingham holds patents and visiting lectureships.

from http://www.agni-inc.com/mngmt.php

He has never worked as an engineer when he started the business and suddenly he became Mr. Know-All. Do you get what I mean?

The second point, hire the right peoples. You cannot ask a History teacher to teach Science to the students. He will teach you, but he will be unsure on what he's teaching. In Agni's case, Sri Lingham appointed managers who didn't have the experience handling power generation project. The engineers were not well-trained on the right standard of piping, heat exchangers, and pressure vessels design. I'm not blaming the managers and engineers, but I'm blaming the CEO, because he didn't ask for experts' opinion when he was starting the company. Someday, some of you will work as engineers and that time, you will know how tight is the regulations for oil and gas, power plants, and refineries. You will need vast experience to get involved in these projects. Training in this field is compulsory to avoid poor design thus tragedy.

According to the web, a business owner shouldn't appoint his relatives and friends to important designations in the company. Why? You should be professional enough to manage a company. In Agni's case, mother of the CEO controlled all finance matters, vendor payments, employees' salary, etc. Do you know kids, the workers had to queue up outside her room to collect their cheques? I think the CEO realized that what her mother was doing was not helping the company at all, but due to his respect to his mother he just zipped his lip off. Y'all should check this website for more classic results of hiring friends and families.

We continue to the next reminder of the website. Don't make snap decisions, planning strategy is everything. Lemme give y'all a question. Are you willing to spend millions of ringgit on something without considering various aspects? That's another problem of Agni Inc. The CEO always made hasty decisions, whether it's project decision, or company management decision. Kids, let me remind you, making a management decision is not the same with making decision of which clothe you should wear, it involve a lot of parties and cost.

Oh! The bell has rung, luckily..hehe. Maybe I'll continue with the other two tips next week, if the government doesn't change its policy..haha. Or maybe I'll teach something new to you. So kids, see you next week!

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The Answers

Guys,

Let me answer the allegations by the CEO.

1. Termination notice
When we arrived to work in the morning, we were not allowed to enter the office. I really have no idea on what was going on until I spoke 2 several maintenance technicians. They told me that they heard a rumor that a retrenchment list was prepared the night before. There is no earlier notice issued by the company.

2. Present Economic Climate
The CEO is well-known as a leader who always made hasty and stupid decisions. For instance, he did not allow the Portuguese engineers to liaise with us directly. All e-mails must go through him first. One silly mistake he has done was not forwarding an inquiry e-mail from the Portuguese engineer to us and just decide on the matter he knows not. The result? (10 helper x 50 euro) + (3 welder x 75 euro) x 7 days equal to 5075 euro or RM20300 loss by assuming that 1 euro is equal to RM4. Just one e-mail has caused such a big loss. We really understand that the economic climate is very challenging. But on times like these, what all companies should do is determine what is important n what is not. In Agni's case, it should decide whether to bid for 40 projects or focus on Resulima n Triang. It also should decide whether to continue the stupid PEDDS project or halt it. The company must realize its capabilities. Frankly speaking, there is only 1 decision maker in Agni, namely Sri Lingham.

3. Excess Resources

Every Agnian knows that the name below is the excess resources which have halted Agni's growth,

a. Malar Lingham aka Madam, Board of Director (it's rumored that she's 85 this year)
An ego old lady who likes peoples begging her for their money. She is very careful with company finance, that's why every month we had to queue outside her room to collect our cheques. CHEQUES??! WTF??? Her reason using cheques as method of payment is that the company can save up to (RM2 x 200) - (RM0.50 x 200) equaling RM300/month, compared to much more easier way, that is by banking-in the salaries into our accounts. Eh Madam, I have told u already, ur stupid way of saving company's money is not gonna work because ur son keep doing the stupid decisions.

b. PV Lingham aka Andy Lingham Board of Director (someone told me that he's a year younger than his wife)
Not much to say about him, but please la, if u r 80 n above, stay at home, play with ur grandchildren, pray a lot to God, etc.

c. Mahesan HOD of Civil Engineering Dept. (somebody told me that he's a Sri Lankan)
Madam told us that he was involved in LRT rail construction, don't know whether to believe it or not, because his subordinate told me that he don't even know how to calculate the concrete capacity. He's very unprofessional and hotheaded (based on my experience liaising with him).

d. Thavarajah, HOD of Legal n Compliance Dept. (60++ I think)
I heard before joining Agni, he works in a Legal firm (I'm not too sure). His daily schedule:
i. Arrive at the office
ii. Switch on the PC, checking e-mails
iii. Drink coffee
iv. Read newspaper
v. Meet his subordinates
vi. Talk 2 Mahesan about SLIPPER issue (1 hour)
vii. Lunch time
viii. Lying to somebody
ix. Another round of SLIPPER discussion with Mahesan (2 hour)
x. Go back home with full of satisfaction..

hahahaha...

e. Ratnasingam, HOD of Chemical Engineering Dept. (80++)
Hurm...he's a nice person, but too old. We really worry if he suddenly fell and die on the scene.

f. Michael J, Project Director (50++)
He's a real stupid bastard. Anyone here working as Piping Engineer? You must know that after we receive the PID from Chemical Dept, we should check the pipe size, pipe thickness, pipe material,pipe routing, pressure loss, pump sizing, availability, WPS, pipe support calculation, etc. He expect us to complete a design in 3 days! WTF? That's why, I laughed when u present ur so-called design timeline because u don't even know how to read PIDs, and suddenly u urge us to follow ur ridiculous timeframe. FYI, previously he worked at Infineon Batam, and I don't know whether he has ever been in power generation project before, but in my opinion, he knows nothing except reporting to boss on who smoke 4 times a day, who's not at their place at certain time. He smoke 2 big packs of Dunhill a day, and still accuse us of curi tulang.

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The reasons

All of us were teminated without a solid valid reasons (instead of retrenchment).

No salary for 2 month.

No EPF since March 2009.

Most of claims (medical, millage, etc) since Jan 2009 still pending for payment until the day of termination.

The way Dr Sri Ligham terminated all of us was so cruel. On the day, everyone have to wait at outside the factory. Hot and sweeting. We even cannot took our belongings. We were ask to leave the premises.

Dr Sri Lingham had planned the day of the 'super-mega termination event' early. As he continiously, urged all of the staff to 'save' (kept) their work on the server. This is an odd practice for such company. All of works should be kept in the hard drive instead the server that could be accessible to IT personnels.

Most of the research and work done by our Malaysian Engineers may be use for next Agni project. Mostly in Portugal where Agni had received government grant. All of our Malaysian Engineers hard works were viciously taken by Agni.

There are lot of fund received from an European Venture Capitalis that can be use to cover the operation and to pay our salary.

All of us had sacrifice a lot to the company. But, this is what we got in the end? Sudah dapat madu, sepah dibuang.

The company is seriuosly have a poor & cruel management and lack of corporate governance.

PLUS, recently, Dr Sri Lingham had given a false and misleading information about the 'super mega termination event' in the media.

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The meaning of Lingham in Wikipedia

Taken from http://en.wikipedia.org/wiki/Linga

The Sanskrit term लिङ्गं liṅgaṃ, transliterated as linga has many meanings, including a mark, sign or characteristic. It has a number of specific uses in Sanskrit that are derived from this general meaning. Vaman Shivram Apte's dictionary gives seventeen definitions of the term, including these examples:[5]

Nepalese stone linga dated 900-1000. On display at the Asian Art Museum of San Francisco, California.

* The image of a god
* A symptom or mark of disease
* A spot or stain
* A means of proof, a proof, evidence
* The effect or product which evolves from a primary cause
* The concept of grammatical gender
* The male organ of generation

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