Journey of a Kampung Investor in search of financial freedom
Something to cheer upon for those having AirAsia (5099) stock in their portfolio. According to Tony Fernandes, AirAsia is in a better position as they have solved some issues within the group.
Fernandes didn’t elaborate much on the uncertainties but he said that AirAsia, the airline company was right not paying dividends up to this point because it wanted to build up its cash.
A large number of EPF (Employees Provident Fund) members have opted to withdraw their retirement savings for investment in unit trusts.
The EPF withdrawal amount for the first quarter 2010 rose 43.26% to RM911.15 mil from RM636.01mil withdrawn in the corresponding period last year.
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Good news for all Penang folks. There will be a 20% rebate on the Penang Bridge toll using Touch n Go cards.
How much can i safe?
To enjoy this Touch n Go rebate, motorcyclists, will save RM0.30 where the price will reduce from RM1.40 to RM1.10, while other users will get to save RM1.40 from RM7.00 to RM5.60
Where to get Touch n Go cards?
Touch N Go office is situated at the Penang Bridge office which is open from 9am to 5pm on weekdays.
How they can proof that i am entitled?
Motorists need to produce MyKads at the bridge counter next to the toll plaza as proof of their address. Those working in Penang can also enjoy this 20% rebate but must show an acknowledgment letter from their employer as proof.
Conclusion
This is a very good move to lessen some burden faced by Malaysians especially those passing by the Penang bridge on a daily basis. Not only that, this will encourage more people to visit Penang and also encourage Penangites that are working outstation to come home more frequently. Waste no time, get your Touch n Go cards at the Penang Bridge office and enjoy the cool 20% rebate.
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I am sure many of Malaysians out there are struggling and striving hard to reach ends meet. Our Malaysian government is on a spending spree!
How can the government go on a spending spree building new mosque in Putrajaya, new palace and now proposing to build a new parliament when we rakyat are suffering?
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Chevrolet unveil its award winning Chevrolet Cruze in Malaysia after its super success in Europe, Asean, Australia and India.
Details that you need to know about Chevrolet Cruze :-
BSTEAD (2771) or in full Boustead Holdings Berhad is listed at the main board of Bursa Malaysia. BSTEAD is listed under the plantation sector and it is one of Malaysia largest diversified conglomerates.
BSTEAD has more then 13000 employees and the major shareholder of BSTEAD is Lembaga Tabung Angkatan Tentera.
The top 10 richest Malaysians for 2010 shows not much changes as similar faces are still at the top of the chart.
The networth of this elite Malaysians has increased significantly of late. It is mainly due to the recovered Malaysian economy which extended to 10 percent in the first quarter, which is the highest growth for Malaysia in 10 years.
Top 10 richest Malaysians are worth US$30 billion.
Finally i have made up my mind on going Gung Ho on Citibank. I will try my very best to accumulate as much as possible on this baby.
Take note Malaysians. Effective May 2010, the latest Base Lending Rate (BLR) for most banks in Malaysia will be at 6.05% per annum. The BLR increased another 25 points from 5.80% earlier.
Usually when BLR increase is a sign that the economy is recovering. I am not pretty sure whether the economy in Malaysia is really improving but on the surface it looks like it.
My last post on Citibank was on CITIBANK - I take it! On Wednesday early in the morning Malaysia time, i added another 500 shares of Citibank to my collection.
I am going on the offensive on Citibank as i will try collect more funds to buy in more of this stock. Hoping to average down more from the current price that i have.
My new average after added another 500 shares of Citibank :-
Good news once again for AirAsia supporters. AirAsia will be giving all travelers a reason to cheer as they are giving away 1 million free seats starting from today!
The free seats will be available from May 18 2010 until Sunday May 23 2010. The travel period for these free tickets will be from Jan 3 to May 8 next year.
What can travelers expect to get from these free seats given away by Air Asia :-
Many Malaysians have left Malaysia to pursue their dreams elsewhere. Why is this happening when our Prime Minister is hoping to make Malaysia to be a develop nation in the near future? Aren’t we suppose to keep all the best and brightest people around to help to move Malaysia to another level?
There are of course a few main reasons that is chasing all the smart people away. Here are some of the reasons :-
Former Miss Malaysia 2008, Soo Wincci is not only physically beautiful but she has a beautiful heart as well. Soo Wincci shares the same sentiments as me as she is very impressed by the optimism and herculean will power of people with disabilities.
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