Another step forward for APS transformation plan

The Business Times Singapore
July 5, 2014 Saturday

Another step forward for APS transformation plan

by Anita Gabriel
Singapore

ASIA-PACIFIC Strategic Investments’ (APS) strategic shift out of the
funeral services business and into the mining industry has moved
another step forward.

The Catalist-listed firm said it is selling its entire interest in HMS
Capital Sdn Bhd (HMSC), a bereavement care services firm, to APS
executive director Heng Aik Koon for RM10.7 million (S$4.2 million) in
cash.

The deal, which is an interested-person transaction (Mr Heng is also
chief executive of HMS), is part of APS’s transformation plan to tap
the “highly prospective mining industry”, said APS in an announcement.

Towards this end, the firm had revealed a $500 million reverse
takeover (RTO) involving Armenian gold miner Coeur Gold Armenia in
February.

The purchase price for the HMSC divestment was reached after
arm’s-length negotiations and taking into consideration HMSC’s net
loss position for the last five financial years.

Based on APS’s unaudited accounts for the nine months ended March
2014, the book value of the sale shares and the net liability of HMSC
stood at RM109.2 million and RM2.2 million, respectively.

Given the price tag of RM10.7 million, the disposal is expected to
result in a deficit over the book value of RM98.5 million.

The divestment of the core business, subject to shareholders’ nod,
will also result in a disposal loss of RM189 million for APS, based on
its unaudited results over the same period.

An independent valuation will be done on the sale shares.

The move comes as no surprise as APS had earlier said it planned to
cease and dispose of its funeral services business before completing
the acquisition of Coeur Gold Armenia – an indirect owner of
exploration rights for gold, silver, copper and antimony in two
Armenian mines.

“This change of its core business will enhance shareholder value as
the company anticipates good cashflow from the new business and has
the prospect of quick expansion of the mineral mining business – first
in Armenia and subsequently, as opportunities become available, in
other parts of Central Asia and South-east Asia,” it said.

The proceeds from the disposal may be used to capitalise on business
opportunities and further growth to enhance shareholder value in the
long term, said APS.

Given the price tag of RM10.7 million, the disposal is expected to
result in a deficit over the book value of RM98.5 million.

Russia bargains with Azerbaijan over Nagorno-Karabakh; US steps up e

Russia bargains with Azerbaijan over Nagorno-Karabakh; US steps up
efforts – opinions

13:45 * 06.07.14

Russia has started bargaining with Azerbaijan over Nagorno-Karabakh,
and the United States is stepping up its efforts to show Russia it is
not the only one to deal with the settlement of the Nagorno-Karabakh
conflict, Director of the Armenian Center for Political and
International Relations Aghasi Yenokyan told Tert.am as he commented
on US Ambassador to Armenia John Heffern’s statement that it is
important for Nagorno-Karabakh that the seven other regions be
returned to Azerbaijan.

“The United States is issuing a reminder that it is the co-chairs that
are dealing with the Nagorno-Karabakh peace process and they are
expected to reach a consensus on the problem. The second major reason
for such statements, which have lately become frequent, is that the US
sees a threat in Russia not regarding the territories in question as
separate in negotiating with Azerbaijan. That is, it is ready, within
the limits of the possible, to concede the territories – and
Nagorno-Karabakh itself – to Azerbaijan,” Yenokyan said.

Asked to substantiate his statement on Russia bargaining with
Azerbaijan, he said:

“The recent period has seen more Russian officials’ visits to
Azerbaijan, intensified dialogue and Russia’s consistent efforts to
persuade Azerbaijan into joining the Eurasian Economic Union (EaEU).
It is natural, because the EaEU, in terms of documents, as well as in
economic respects, is more a union of oil-producing countries, and
Azerbaijan’s participation is important. However, Azerbaijan and
Russia are seeking to make use of the Nagorno-Karabakh problem in
their negotiations.”

According to Yenokyan, Russian publicity media are already trying to
voice their opinions of Nagorno-Karabakh.

“Armenia should employ all the diplomatic and political mechanisms to
prevent any concessions on Nagorno-Karabakh. But no obvious steps have
so far been made,” he said.

Political Scientist Hrant Melik-Shahnazaryan noted it is actually one
more response to a statement by OSCE Minsk Group Co-Chair James
Warlick.

“I think that the reason for that statement by Mr Warlick was the
Ukraine crisis and, against that background, the US policy of creating
problems in new regions. Given the developments in recent months, the
US seems to have rejected this scenario. Therefore, the USA’s previous
program of recording ‘progress’ in the peace process and implementing
it here recedes into the background. It seems to have lost interest in
the recent two months. So that statement did not arouse concern then.
I think it is nothing but a response to it now, and the US Embassy is
not seeking to accomplish any program objectives,” Melik-Shahnazaryan
said.

As to his opinion of the Armenian side’s response to such statements, he said:

“In any case, when Mr Warlick stated that our response was rather
passive, without any serious attention drawn to the fact of Mr Warlick
distorting the Madrid principles – they allegedly only appeared to the
Madrid principles. In this respect, I think, diplomatically, we should
be more consistent so that nothing be commented in an arbitrary way
and no territorial claims to Armenia be so easily made.”

Armenian News – Tert.am

L’offensive anti-arménienne sur les rails dès septembre aux USA

Génocide des Arméniens
L’offensive anti-arménienne sur les rails dès septembre aux USA

Hurriyet Daily News du 5 juillet titre : >

Selon le quotidien en ligne, sous la signature de Tolga Tanis, le plus
grand groupe turc aux Etats-Unis a préparé un plan pour contrer les
efforts déployés par les groupes de pression arméniens à la veille du
centenaire des événements de 1915.

L’Assemblée des associations turco-américaines (ATAA), un groupe basé
à Washington fondée en 1979, a élaboré un > pour

Recrudescence des tirs à la frontière arméno-azérie

ARMENIE
Recrudescence des tirs à la frontière arméno-azérie

Le fragile cessez-le feu dans le conflit du Haut-Karabagh a été
ponctué par des coups de feu au cours des deux décennies où il a été
mis en place. Jusqu’à présent en 2014, 20e anniversaire de la trêve,
les gens des deux côtés disent que davantage de fusillades se sont
produits au cours des dernières années, avec une hausse marquée du
nombre de décès et de blessures.

Des informations précises à propos de ces incidents – en particulier
sur qui a tiré le premier – sont difficiles à cerner, et la preuve
doit provenir de fonctionnaires de chaque côté. Les incidents
transfrontaliers ont lieu à la fois sur la frontière d’Etat entre
l’Azerbaïdjan et l’Arménie et le long de la “ligne de contrôle” qui
forme une frontière autour du Haut-Karabagh depuis que les hostilités
à grande échelle ont pris fin en 1994.

Le ministère de la Défense de l’Azerbaïdjan a déclaré le 20 Juin que,
trois civils dans le village de Alibeyli dans le quartier nord-ouest
du Tovuz, ont été blessés par des tirs de soldats en provenance
d’Arménie.

Kamaladdin Abassov, un médecin à l’hôpital de Tovuz, a déclaré à
l’IWPR que Nurjan Nagiyeva 5 ans été blessé > tandis que
sa grand-mère Garagiz eu une balle dans le pied, et Anayat Aliyeva, 45
ans , présentaient des blessures par éclats d’obus.

Garagiz Nagiyeva, 72 ans , a dit que les soldats arméniens avaient
tiré sur le village pendant plusieurs jours. > dit-elle. > a
déclaré le directeur de Doktrina, Jasur Sumerinli, à l’IWPR. >.

Des articles dans les médias d’Erevan ont indiqué que les forces
arméniennes avaient progressé vers de nouvelles positions près de la
frontière avec le Nakhitchevan et le porte-parole du ministère de la
Défense Artsrun Hovhannisyan a affirmé que c’était les Azerbaïdjanais
qui créaient des problèmes. >.

En Azerbaïdjan, Jasur Sumerinli a la thèse contraire, disant que les
unités arméniennes devaient être principalement à blmer pour avoir
ouvert le feu. Il a dit qu’elles l’ont fait pour des raisons
politiques, afin de mettre la pression sur l’Azerbaïdjan pour que des
pourparlers de paix aient lieu, ou contenir le mécontentement public
national sur des questions telles que les décès inexpliqués de
conscrits.

Les négociations sur un règlement de paix au Karabagh sont menées par
la France, la Russie et les Etats-Unis, en tant que co-présidents du
Groupe de Minsk de l’OSCE. En mai, à l’occasion du 20e anniversaire de
la signature de cessez-le feu, les co-présidents ont invité l’Arménie
et l’Azerbaïdjan à faire davantage pour parvenir à un règlement.

>.

Chaque fois qu’il y a une recrudescence des tirs transfrontaliers, les
analystes des deux côtés craignent que la situation pourrait exploser
en conflit à grande échelle, soit par inadvertance ou délibérément.

Vahan Shirkhanyan, ancien ministre adjoint arménien de la défense est
convaincu que cela n’arrivera pas.

The rise of Mormons and Jehovah’s Witnesses in the Caucasus

Al Jazeera America
July 5 2014

The rise of Mormons and Jehovah’s Witnesses in the Caucasus

Armenia and Georgia were the first to adopt Christianity as their
state religion; now, American evangelical sects beckon

July 5, 2014 5:00AM ET
by Tara Isabella Burton

In the Armenian town of Artashat, a grid of Soviet concrete and
corrugated tin roofs an hour from the capital city of Yerevan, few
buildings stand out like the meeting hall of the Church of Jesus
Christ of Latter-day Saints (LDS). Unlike the crumbling towers that
surround it, this building sports an impeccably white façade. On one
Sunday in May, more than a hundred Armenians — most in their 40s and
50s — are sharing what Mormons call spiritual “testimony,” their words
translated via earpiece to attending American missionaries.

Here in the Caucasus region, ethnicity and faith are often treated as
one. Christians in Armenia and Georgia — which in the fourth century
became the first two countries worldwide to adopt Christianity as
their state religion — almost uniformly belong to the Armenian
Apostolic and Georgian Orthodox Churches, respectively (93 percent in
Armenia, 83 percent in Georgia).

But a near-century of Soviet-imposed secularism dramatically weakened
the standing of state churches. Now, many ethnic Armenians and
Georgians are gravitating toward American evangelical sects with an
emphasis on attracting converts and a strong missionary presence in
the region, such as LDS and Jehovah’s Witnesses. In Armenia, the
number of Jehovah’s Witnesses here hovers around 11,000; LDS claims
more than 3,000 members (also known as Mormons). These may be small
numbers, but they are significant in this country of 3 million, where
practitioners of other faiths tend to be members of minority
ethno-religious groups, such as Jews or Muslim Kurds.

Both Jehovah’s Witnesses and Mormons identify as Christians, although
their non-Trinitarian doctrine — both deny that Jesus Christ shares a
single fundamental divine essence with God the Father and the Holy
Spirit — has often brought them into conflict with mainline Christian
tradition.

“Ask any Armenian on the street and they’ll say, ‘Yes, I believe in
God. I believe in Jesus,’ ” says Varuzhan Pogosyan, president of the
LDS Mission in Armenia. “But they don’t always practice.”

Pogosyan’s journey started shortly after the fall of the Soviet Union.
Then an expatriate in Russia, he attended a local Armenian church,
both for spiritual reasons and for the opportunity to socialize with
other ethnic Armenians. But an encounter with a Mormon missionary made
him realize he could do more than just attend services. “I could
participate,” he says. “I could be involved in the life of the
church.” In the absence of formal clergy, the LDS church offers
ordinary members a greater role in church affairs, Pogosyan explains.

It is this sense of involvement that inspired his colleague, Margarit
Ayvazyan, to convert. Like Pogosyan, Ayvazyan grew up nonreligious
during Soviet rule, adopting atheism as a philosophically inclined
teenager. Yet her encounters with LDS missionaries in the early 90’s
left her with a sense of spiritual fulfillment she had not found in
her parents’ Armenian Apostolic services. In a traditional Armenian
service, she says, “You just stand there and the priests pray.” Many
Armenians cannot even understand the classical Armenian used in
services. In LDS, where congregants are encouraged to share their
experiences and participate in Bible-study classes, she has a role to
play. Even those church members who do not become missionaries are
encouraged to circulate information among family and friends, recruit
curious “investigators” to visit services and keep track of lapsed
members. Pogosyan says most converts here grew up like Ayvazyan:
secular under the Soviet regime, but now seeking something more.

In some ways, he says, their history makes his mission easier, as
“Armenians have always been religious.” Soviet-era secularism was a
temporary aberration, and organizations such as LDS are ideally
situated to reach those whose religious needs have not been met
elsewhere or who feel that the Armenian Apostolic Church has failed
them. After all, in all the years since he left the Church, he’s never
once been contacted by any priests trying to win him back or find out
why he left: a striking contrast with the LDS church, whose members
actively identify and reach out to those whose attendance has lapsed.

Of course, there are challenges. Smoking, drinking and abortion were
all permissible under the Soviet regime, Pogosyan says, and
encouraging new converts to maintain what he calls a “healthier” way
of life is a struggle. The American missionaries at Artashat tell
stories of priests who attacked their brethren in neighboring towns,
boys who throw rocks at them as they walk down Yerevan streets (“I
think [the boys] thought we were Jehovah’s Witnesses,” one laughs.
“They can’t tell the difference”).

But the biggest challenge for those seeking to convert others may be
reconciling converts’ faith with their ethnic identity. Many of
Pogosyan’s countrymen see those who leave the Apostolic Church as less
Armenian. He takes pains to emphasize the long-standing relationship
between Armenia and the LDS church, which first took hold in the
Armenian diaspora in 19th-century Constantinople, as well as the
increasing number of foreign missionaries of Armenian descent who have
come to their ancestral homeland to serve. He is also careful to
stress the cultural similarities between Armenia and the LDS church.
“We’re very big on family values in Armenia,” he says, making the LDS
church here a perfect fit. Ultimately, his faith has made him more
Armenian, not less. It has strengthened his relationship with his
family, his local community. “It has made me a better citizen.”

An LDS place of worship, also known as a ward, in Artashat. LDS Armenia

Minority evangelical Christian sects face similar challenges in
Armenia’s northern neighbor, Georgia, where religion and nationalism
are even more closely intertwined. Between 1999 and 2003, Jehovah’s
Witnesses lodged almost 800 complaints of religiously-motivated
incidents of conflict, many violent, says Manuchar Tsimintia, a lawyer
and practicing Jehovah’s Witness who frequently defends the church in
human rights cases. Following Georgia’s bloodless Rose Revolution in
2008 and the subsequent installation of Western-leaning Mikhail
Saakashvili as president, things drastically improved, but tensions
remain. This situation isn’t ameliorated by the fiercely Orthodox,
nationalist stance of the ruling Georgian Dream coalition, which has
succeeded Saakashvili’s United National Movement. In early May, a
group of teenagers destroyed a cart of pamphlets Jehovah’s Witnesses
were using to proselytize in Tbilisi’s city center, although,
Tsimintia is pleased to report, the police charged and fined the
culprits responsible.

Still, he estimates that there are about 20,000 baptized converts;
another 20,000 or so attend meetings and worship: such figures, if
accurate, would comprise nearly 1 percent of Georgia’s population.
Like the Mormons in Armenia, adherents say they converted because of
disillusionment with Soviet-style anti-clericalism and existing
ecclesiastical institutions and a desire to participate more fully in
the activities of their church.

“It was the end of the communist regime,” Tsimintia says of his
joining the Jehovah’s Witnesses. “All people were seeking God.” But
Tsimintia, then enrolled in college, felt dissatisfied by the Georgian
Orthodox Church, which stirred him emotionally, but could not provide
him with the answers he sought. “Who is God? Who are we? Where do we
come from?” It was through independent Bible study, Tsimintia says,
that he came to the conclusion the Jehovah’s Witnesses had access to
spiritual truth.

Increasingly, he says, those who came of age after the collapse of the
Soviet Union are also finding themselves disillusioned with what they
see as hypocrisy and corruption within the current hierarchy of the
Georgian Orthodox Church, whose vast wealth and close financial
relationship with the country’s ruling classes have often attracted
scrutiny. In 2009, for example, each of Georgia’s 10 archbishops
received a luxury SUV from the Georgian government. And the
disenchantment has only grown more common in recent years as the
church has attempted to wield greater political influence through its
alliance with the Georgian Dream party ruling coalition. Many youths
are also critical of the church’s tacit approval of violence; in May
2013, local Tbilisi priests, leading a mob of 20,000, attacked a small
group of unarmed anti-homophobia protesters, injuring at least 12.

“They are not living according to Bible standards,” Tsimintia says.
“[That is what] young people see.”

His colleague Tamaz Khutsishvili recalls a friend who sought spiritual
guidance from an Orthodox priest, only to have the priest turn up at
his home “so drunk he could not stand up.” One potential convert
became disillusioned with his own church after a local priest with
whom he had entrusted some money for temporary safekeeping informed
him he had spent the funds on the construction of a new church. And
both Khutsishvili and Tsimintia condemn the Orthodox church-sanctioned
anti-gay violence last year as an example of church hypocrisy. The
Bible, they say, condemns aggression. “Even if [people] are doing
something we see as against the Bible,” Khutsishvili says, “we must
never talk of violence.”

Yet here, too, converts struggle with reconciling their cultural and
religious identities. “You are not Christian. You are not Orthodox.
You are not Georgian. I must have heard that 10 times a day,” says
Tsimintia.

Still, as with the Mormons in Armenia, Tsimintia and Khutsishvili
choose to appeal to history to defend the essential Georgianness of
their choice. “Once our ancestors were pagans,” Khutsishvili says.
“Then they found the truth and became Orthodox. Now we’re finding
truth again — and converting. We are following our ancestors.”

http://america.aljazeera.com/articles/2014/7/5/the-rise-of-mormonsandjehovahaswitnessesinthecaucasus.html

Esteghlal signs Iraqi striker Karrar Jassim

Esteghlal signs Iraqi striker Karrar Jassim
Sport Desk

On Line: 05 July 2014 15:03
In Print: Sunday 06 July 2014

Esteghlal football club has signed Iraq international striker Karrar
Jassim on a two-year contract.

The 27-year-old striker who has a previous spell in Esteghlal in
2011-12 season fired in January 2012 during mid-season after a dispute
with the former midfielder and team vice-captain Mojtaba Jabbari.

The Blues finished fifth in the league last season and the coach Amir
Ghalenoie is trying to improve his squad to make his team a serious
title contender again.

Sepahan midfielder Omid Ebrahimi,Tractor Sazi winger Milad
Fakhreddini, Gostaresh Foolad goalkeeper Mohsen Forouzan, Armenia
defender Hrayr Hovhannesi Mkoyan and Sajjad Shahbazzadeh from Saipa
have already joined the Iranian football giant.

http://tehrantimes.com/sports/116779-esteghlal-signs-iraqi-striker-karrar-jassim

Ruling Republican Party to seek revision of electricity tariffs

Ruling Republican Party to seek revision of electricity tariffs

15:52 05/07/2014 >> ECONOMY

No one supports the idea of increasing the electricity prices, head of
the Republican Party of Armenia (RPA) parliamentary faction Vahram
Baghdasaryan told reporters, commenting on the decision of the Public
Services Regulatory Commission (PSRC) to increase the electricity
tariffs in Armenia from August 1, 2014.

At the same time, the MP stressed that the electricity price hike is
inevitable, adding that the PSRC’s decision is well grounded and the
necessity to increase the tariffs was proved by experts.

However, according to him, if some dispute such a necessity, they are
prepared to hold discussions and present the appropriate arguments.

As for concerns about a further increase in the electricity tariffs
within the next one year, Mr Baghdasaryan noted, “We will seek a
revision and decrease of the tariffs within a year, when there will be
some changes in the system and the loss will be partially
compensated.”

Source: Panorama.am

42 % de croissance du nombre des passagers à l’aéroport Zvartnots-Ar

TRANSPORTS
42 % de croissance du nombre des passagers à l’aéroport
Zvartnots-Arménia en juin

Très forte activité à l’aéroport Zvartnots-Armenia d’Erévan…en
espérant que cette hausse d’activité ne traduise pas la hausse de
l’émigration… Sur les six premiers mois de l’année, par rapport à la
même période de l’an dernier, Zvartnots-Armenia a enregistré une
hausse spectaculaire de 25 % du nombre des passagers. Ce qui pourrait
s’agir des conséquences de la décision du gouvernement arménien de
libérer le ciel arménien en l’ouvrant à de nombreuses compagnies
aériennes. Au mois de juin, la hausse des passagers était encore plus
forte, avec 42 % de croissance par rapport à juin 2013. Ainsi 208 408
passagers furent enregistrés au mois de juin à Zvartnots-Armenia
contre 145 339 en juin 2013.

Krikor Amirzayan

samedi 5 juillet 2014,
Krikor Amirzayan (c)armenews.com

http://www.armenews.com/article.php3?id_article=101350

Turkey denies claims it will open Armenia border gate

Turkey denies claims it will open Armenia border gate

13:08 05.07.2014

Turkey has denied claims that the border gate between Armenia and
Turkey will be opened, World Bulletin reports.

The denial came after a Turkish newspaper published a claim that
Turkish Prime Minister Recep Tayyip Erdogan had issued an order that
the Alican Border Gate, which has been closed since 1993, be opened.

Turkey’s Foreign Ministry spokesman Tanju Bilgic said in a written
statement on Friday: “The claims that the Alican Border Gate located
between Turkey and Armenia will be opened do not reflect the truth.”

Bilgic said the opening of the gate would be considered by Turkey only
if the relations in Southern Caucasus started a normalization process.

“Armenia needs to show its will to begin normalizing its relations
with Azerbaijan and take the necessary steps accordingly,” said Bilgic

http://www.armradio.am/en/2014/07/05/turkey-denies-claims-it-will-open-armenia-border-gate/

ANKARA: Turkish Americans Prepare ‘Master Plan’ For 2015

TURKISH AMERICANS PREPARE “MASTER PLAN” FOR 2015

Hurriyet Daily News, Turkey
July 5 2014

Tolga TanıÅ~_ WASHINGTON

The largest Turkish group in the United States has prepared a plan
to counter efforts by Armenian lobby groups on the eve of centennial
anniversary of the 1915 events.

Armenians say up to 1.5 million of their forebears were killed in
1915 and 1916 by the forces of the Ottoman Empire.

Turkey disputes the figure, arguing that only 500,000 died and denies
this was genocide, ascribing the toll to fighting and starvation
during World War I.

The Assembly of Turkish American Associations (ATAA), a
Washington-based group founded in 1979, has prepared a “master plan”
to “respond to the Armenians’ claims on every front.”

The Turkish campaign, which will include “both proactive and reactive
responses,” will be introduced to all Turkish groups that will be
invited to Washington in September.

“Proactive” measures include the forming of “activist committees” who
will visit lawmakers in each state, conduct social media campaigns,
keep in touch with traditional media outlets, prepare online courses
and organize countrywide networking meetings for Americans.

One part of the initiative consists of the organization of at least
20 “day-long conferences” in partnership with local universities and
with the participation of famous Turkish-Americans like Dr. Mehmet
Oz and Coca-Cola CEO Muhtar Kent.

“Reactive” responses will include immediately countering when the
claims from Armenians are published or featured in panels, conferences
and exhibitions organized by the Armenian lobby groups. The ATAA will
request from the writers and publishers to include the Turkish claims
in their books or documentaries based on the Armenian claims.

Another aspect of the Turkish campaign will focus on Capitol Hill. The
ATAA will cooperate with PaxTurcica for a joint educational program
for the members of Congress. Members of the U.S. Congress will be
instantly informed when they are presented with an anti-Turkish bill.

Meanwhile, “ghost websites” that have been set up by the Armenian lobby
to manipulate search engine results on the web will be countered more
effectively, according to the ATAA document.

The Turkish-American community will also hold a fundraising event
for every such event that the Armenian lobbies organize in the U.S.

July/05/2014

http://www.hurriyetdailynews.com/turkish-americans-prepare-master-plan-for-2015.aspx?pageID=238&nID=68698&NewsCatID=339