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Recently, Lembaga Tabung Haji or Pilgrim Fund Board of Malaysia announced a 6.0 percent dividend for financial year end 31st December 2011. The total dividend payout was RM1.67 billion, an increase of 25 per cent against RM1.33 billion in 2010. The dividend was 0.5 per cent higher than the 2010 rate, which...
Sentoria Group Bhd, a property developer, general & civil engineering, and hotel & theme park operator is scheduled to be listed in Main Market on 23rd February 2012. The Initial Public Offering (IPO) consists of public issues of 60 million new ordinary shares at an IPO price of RM0.87 per share at...
China Stationery Limited, an integrated plastic stationery China-based company is scheduled to be listed in Main Market on 27th July 2011. The IPO consists of public issue of 90 million ordinary shares at an IPO price of RM0.90 per share with SGD0.001 par value. Out of this, 60 million shares are allocated...
2011 advertising expenditure (adex) grew less than expected, largely due to softer growth on the TV segment. However, other media platforms performed well. The newspaper segment enjoyed robust advertising spending by retailers, hypermarkets, telcos and property developers, driven by improving consumer...
The registration of newly-launched Skim Amanah Rakyat 1Malaysia (SARA 1Malaysia) will start on Monday 30th January 2012 and will extend for a year or upon full subscription. SARA 1Malaysia is a hybrid of a unit trust investment and a loan product. The scheme expected to offer 32.16 per cent return on...
Amanah Hartanah Bumipureta (AHB) was launched in November 2010 with the aim to enable Bumiputera investors to own real-estate assets at prime location. With an initial fund size of RM1 billion, it was fully subscribed within a few months after launching. There is a plan to increase the fund size by another...
Every quarterly, since March 2010, EPF reveals its top 30 equity investments in Bursa Malaysia. The aim for this is to promote greater transparency and to reassure members that investment undertaken are in the best interest of growing their retirement savings and in accordance to best practices in...
International Living Magazine, which is based in Baltimore, USA recently published Living’s 2012 Retirement Index. The index ranked top 19 countries for the best retirement havens. This index is published annually. The index is calculated based on a vast range of data points, from the average humidity...
The previous post on Skim Amanah Rakyat 1Malaysia (SARA 1Malaysia) was getting a lot of interest and many readers are asking for more details information, especially on how to subscribe. Where can you get an investment fund with a government guarantee of 32% annual return? Kindly take note that, the scheme...
As highlighted in 2012 Budgets, households with a monthly income in between RM500 to RM3,000 will be eligible to participate in Skim Amanah Rakyat 1Malaysia (SARA 1Malaysia). The scheme will be opened starting 30th January 2012. The scheme is a hybrid of a unit trust investment and loan product, capable of...
As highlighted in 2012 Budgets, Employees Provident Fund (EPF) members who are Muslims and have at least RM1,300 savings in their EPF Account 1 will be able to register for the hajj with Tabung Haji (TH). The facility offered starting from 3rd January 2012. The other eligibility criteria are, EPF members...
Recently, one of my friend published a very interesting 3-books-series called “259 Trillion vs 5 Trillion”. I invited him to post an article “What will Happen if Gold is Used as Money?” last December. The books aim to describe the workings of our economy, banking system and paper money. It...
OSK maintained NEUTRAL on the construction sector despite expectations of stronger contracts in 2012. The elevated portion of the MRT SBK line would already make up for all domestic jobs awarded last year. Given that the construction sector has a relatively high beta, OSK advised to remain cautious for now.
For the past decade, the gold price increases tremendously from merely USD270 (RM1,026) per ounce (oz) in early 2002 to USD1,560 (RM4,956) per ounce (oz) at the end of 2011. That was 480% increase in US Dollar or 383% in Malaysian Ringgit. However, the current all-time high was recorded at USD1,913...
OSK has a Neutral outlook on the Malaysian market going into 2012 as the combination of uncertain growth outlook in the US and Asia coupled with a possible recession in Europe cloud the prospects for strong earnings growth locally. OSK advises investors to stay cautious into mid 2012 and focus on Defensive...
As highlighted during 2012 budgets, employers’ statutory contribution rate for Employees Provident Fund (EPF) will be increased from 12% to 13%. However, the increase is only applicable to the workers who earning less than RM5,000 a month. The employees’ contribution rate remains at 11%. For employees...
Amanah Saham Nasional will receive a of 6.05 sen per unit for Sekim Amanah Nasional (ASN) for the financial year ending 31st December 2011. The figure is 0.05 sen higher when compared with 6 sen per declared last year. Kindly refer to “Historical Amanah Saham Nasional (ASN) Dividend Rate” page, for...
Lately, a lot of buzz, cries and shouting out there that the world should go back to using gold as money. The purpose of this article is to show what will actually happen to us, to our ‘gold money’ if gold is actually being used as money, to replace our existing fiat paper standard. Let’s [...] ...
On 21st December 2011, Bank Negara had officially launched the new 2012 currency series of Banknotes. The news regarding the new 2012 banknotes and coins was out since May 2011. The newly designed banknotes are issued in the denominations of RM1, RM5, RM10, RM20 and RM100 and will be available for...
Amanah Saham Bumiputera (ASB) unitholders will receive a dividend of 7.65 sen and a bonus 1.15 sen per unit for the financial year ending 31st December 2011. This brings a total of 8.8 sen distribution income for year 2011. This dividend is 1.5 sen higher compared to 7.50 sen declared last year. However,...
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