Investment, Bursa & IPO

Pavilion REIT opened at RM1.01 on its first day of listing on Bursa Malaysia, representing a premium of RM0.11 or 12% from its institutional price of RM0.90. Highest price of the day was reaching RM1.04. It closed at RM1.02 per share at 5pm.  Read more ›

21 total views, 2 views today

Initial public offering of Pavilion REIT 31 million units available for application by the Malaysian public has been oversubscribed by 7.49 times, announced by MIH on 23 November 2011.  Read more ›

53 total views, 1 views today

Pavilion REIT IPO. Retail price at RM0.88 per share. IPO application will be closed at 5:00pm, 21 November 2011 (Monday).

Read more ›

37 total views, 1 views today

Dividend income derived from your investment in REITs will continue to be taxed at 10% final withholding tax from 2012 until 2016.

For you other investments, you are “deemed” to be taxed at 25%, being the corporate tax rate, as tax paid by the company you invested in will be final tax and no tax credit will be able to frank up to you when you receiving the dividend (under single tier dividend imputation system).

82 total views, 3 views today

Franchise fee is now tax deductible in Malaysia, announced by Prime Minister Dato Seri Najib in Budget 2012.

Franchise is a business model where franchisee is given the rights to offer, sell or distribute products or services based on the systems and marketing plans set by the franchisor. Read more ›

152 total views, 4 views today

The most differences between the average investors and rich investors are mental differences.

“If you want to be rich, just find out what everyone else is doing and do exactly the opposite”, said Rich Dad.

As we always hear in the stocks market, “buy when every one sell and sell when every buy”. It is applicable also to Investing in Real Properties.

Read more ›

19 total views, no views today

Another WOW again after MSM Malaysia….!!!!

Bumi Armada posted a strong listing debut at Bursa Malaysia when the share price opened at RM0.62 or 20% higher than its IPO price of RM3.03. Since then, the share price gradually moved upwards to close at its highest RM4.14, representing a surge of RM1.11 or 37% on its listing day.

The closing price RM4.14 has cheered a number of investors as this is well above most of the target price or fair value rated by the broker firms.  Read more ›

74 total views, 1 views today

Bumi Armada Berhad IPO institutional and retail price fixed at RM3.03 per share today. As such, the final retail price will be adjusted to RM3.03 per share to match with the institutional price, reduced from its initial indicative price offered in its IPO prospectus. The difference of RM0.12 per share will be refunded to successful applicants within 10 market days from the final balloting. The refund cheques will be sent out by normal post mail to addresses stated in the application forms or CDS records.  Read more ›

73 total views, 2 views today

Malaysian Issuing House (MIH) announced that OLDTOWN Berhad 10 million new IPO shares available for Malaysian public were oversubscribed at a rate of 10.76 times. A total of 9,366 applications for 117.6 million shares were received from Malaysian public for a total of 10 million shares available for public subscription. Balloting of successful applications was carried out by MIH today .  Read more ›

93 total views, 1 views today

Bumi Armada Berhad, Malaysia’s largest supplier of vessels for the oil and gas industry finally launched its initial public offering prospectus today.

Bumi Armada is expected to be listed on the Main Market of Bursa Malaysia on 21 July 2011 (Thursday).  Read more ›

77 total views, 1 views today