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In Malaysia, online shopping grows tremendously in the recent years. In the year, 2010, the market size for online shopping was approximately RM 1.8 billion. The figure is expected to grow over RM 5 billion in 2014, which represent 35 percent increase per year Low prices, convenience, easy to compare ...
If someone or shop pass to you Dye-Stained Banknotes banknotes dont accept it. Beware, the banknotes may come from banks or ATM machines robbery! We obviously dont want to be implicated in any on these criminals. Recently, due to sharp increase in ATM robberies in Malaysia, Bank...
World Economic Forum (WEF) which is based in Geneva, Switzerland recently release The Global Competitiveness Report 2013-2014. The ranking is based on 12 pillars to measure the competitiveness for each countries. The pillars are Institutions, Infrastructure, Macroeconomic environment, Health...
Solid Automotive Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 7.5 million shares. It was oversubscribed by 9.83 times. The IPO attract 4,100 applications or 81.2 million shares. Pursuant, to the terms of the prospectus, 4 million unsubscribed shares...
There is a new feature in 1-million-dollar-blog called IPO Calendar. This feature created specially for IPO lovers ( including me!) so that it is much easier to keep track remember important IPO dates. The data for all IPOs in 2013 was filled in. Check out IPO Calendar page let me know if...
Amanah Saham Nasional Bhd (ASNB), announced a dividend of 6.7 sen per unit for the Amanah Saham Wawasan 2020 for the financial year ending 31st August, 2013. The dividend is an increase of 0.1 sen per unit compared with the 6.6 sen dividend given in 2012. Kindly refer to Historical ASW2020 Dividend...
Starting from January 2014, Employees Provident Fund (EPF) will revise upwards the basic savings level of its members. The aim is to ensure its members have enough savings to finance their retirement needs. The new quantum is RM198,000 by the age of 55 compare to RM120,000 at the current level. It...
Mines Waterfront Business Park Promising resort stylishness corporate structure viewed serenely along the shores of a 150 acre lake with the most unique and exclusive lavish landscaped. It is an amazing commercial park established at growing KL’s southern corridor with convenience access via...
Solid Automotive Bhd, an automotive parts trader and distributor is scheduled to be listed in Main Market of Bursa Malaysia on 12th September 2013. The Initial Public Offering (IPO) consists of public issues of 35.4 million new ordinary shares and offer for sale of 8.36 million ordinary shares at an IPO...
Further update in connection with the suspension of the licence issued by Petronas to Perunding Ranhill Worley Sdn Bhd (PRW), an affiliate of Ranhill, PRW had on 25 July 2013 received a letter dated 25 July 2013 from Petronas stating that (i) For upstream activities, Petronas agrees to uplift...
Ranhill Energy and Resources Berhad, an energy and water company which is scheduled to be listed in Main Market of Bursa Malaysia on the 31st July 2013 decided to delay its IPO. The decision came after a state oil firm Petronas suspended the licence of Perunding Ranhill Worley Sdn Bhd (PRW)...
In general sense, people purchase property for the purpose of owner occupancy or investment. They are known as “home owners” and “property investors”. In this article, we shall take a closer look at the core differences between these two types of property buyers and the strategies that best catered...
In general sense, people purchase property for the purpose of owner occupancy or investment. They are known as “home owners” and “property investors”. In this article, we shall take a closer look at the core differences between these two types of property buyers and the strategies that best catered...
Sona Petroleum Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 141 million shares. It was oversubscribed by 5.97 times. The IPO attract 24,035 applications or 842.27 million shares. Notices of Allotment will be dispatched by post to all successful...
Ranhill Energy and Resources Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 19.2 million shares. It was oversubscribed by 12.98 times. The IPO attract 21,840 applications or 268.97 million shares. The Institutional Price was fixed at RM1.85 per Offer...
ABM Fujiya Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 10.5 million shares. It was oversubscribed by 9.77 times. The IPO attract 6,167 applications or 113 million shares. Notices of Allotment will be dispatched by post to all successful applicants on or...
Sona Petroleum Bhd, the third Special Purpose Acquisition Company (SPAC) after Hibiscus Petroleum and CLIQ Energy is scheduled to be listed in Main Market on 30th July 2013. Similar to previous SPACs Sona Petroleum will be involved in Exploration and Production activities in Oil Gas but Sona...
Ranhill Energy and Resources Berhad, a energy and water company is scheduled to be listed in Main Market of Bursa Malaysia on the 31st July 2013. The Initial Public Offering (IPO) consists of 407 million shares at an indicative IPO price of RM1.85 per share at RM1.00 par value. Out of these, 328.7 million...
ABM Fujiya Bhd, a automotive battery manufacturer based in Kuching, Sarawak is scheduled to be listed in Main Market of Bursa Malaysia on 23rd July 2013. The Initial Public Offering (IPO) consists of public issues of 23 million new ordinary shares and offer for sale of 9 million ordinary shares at an IPO...
In this article, we shall discuss the over-hyped claim that gold is the ultimate store of wealth. Gold is accorded such esteemed honors freely, but where are the facts? Is it true that gold’s value would protect its holders from the ravages of inflation? Is it true that our wealth, our hard work and...