The most important word in the language of the working class is "SOLIDARITY."—Harry Bridges

Monday, April 21, 2008

SETTLEMENT OF DISPUTE ON ESOS

Finally the ESOS issue, which has dragged on from 6th March 2008, has been settled on 15 April 2008 after the Unions met with the Top Management Team together with representatives from the Board Of Directors in Kuala Lumpur on 15th April 2008. The meeting agreed to allocate an extra share of 500 shares each to the Non-Executive employees of TM Group who has served for more than 10 years

Subsequent Roadshow, together with the Unions, will be conducted soon to elucidate the detail of the scheme.

With the above settlement, the Unions have called off its proposed picket scheduled to be held on 25 April 2008 together with the rest of its action plan to submit a memorandum to the PM and to write an appeal letter to all Members of Parliament. The Unions has also agreed to lift its boycott on all TM meetings and official functions that has been in force since February 2008.

UTES Executive Council would like to thank all members for your patience and undivided support and we hope that support of this nature should continue.

However, other issues that have not been settled will be dealt with before the end of April 2008 when the three Unions NUTE,UTES & SUTE) will have another round of meeting with the outgoing CEO YBhg Dato Sri Abdul Wahid Omar and the incoming CEO YBhg Dato’ Zamzamzairani Mohd Isa to discuss and resolve the outstanding issues in particular the issue on Outsourcing.

OUR STRUGGLE CONTINUES

Thank you and regards.


MOHAMAD IBRAHIM HAMID ABS
President