Effectively from 3rd August 2009, securities traded on Bursa Malaysia will be having new tick sizes. The new tick sizes are smaller than the current tick sizes.
PIKOM PC Fair 2009 (II)
Pikom PC Fair 2009 (II) is coming! It is time to buy in some new stuff or gadgets :) Personally I don’t have anything yet in my wish list. Actually I do have some (like PDA iPod, …) but it is not so necessary at this moment. I want save more money for my investment, maybe…
REIT – Real Estate Investment Trust
Recently, the investment term “REITs” come across my mind. I keep seeing news about REITs in newspaper, forums and personal blogs. A REIT or real estate investment trust is a real estate company that offers common shares to the public.
What is REIT? According to Wikipedia:
A Real Estate Investment Trust or REIT (pronounced /ˈriËt/) is a tax designation for a corporation investing in real estate that reduces or eliminates corporate income taxes. In return, REITs are required to distribute 90% of their income, which may be taxable, into the hands of the investors. The REIT structure was designed to provide a similar structure for investment in real estate as mutual funds provide for investment in stocks.
In Malaysia, REIT is a little bit different (source).
- 1. Investors’ dividends will be taxed at investors’ books.
- 2. Non-residents’ dividends will be taxed at 28%. It is an upfront and final withholding tax.
- 3. There are NO explicit requirement of minimum payout ratio in the guidelines.
Michael Learns To Rock is coming to Malaysia
Michael Learns To Rock is coming to Malaysia for its “Eternity Tour 2009″ live concert. The concert will be held on Genting Highlands on 5 September 2009, 9pm. The ticket price range is from RM80 t0 RM260.
For more information: Michael Learns To Rock “Eternity Tour 2009″ Live in Malaysia
KLCI is now FTSE Bursa Malaysia KLCI (FBM KLCI)
Starting from today, KLCI is now known as FBM KLCI. The FBM KLCI is formed by 30 stocks in contrast to the previous 100-index linked stocks.
Today’s market opens low, fell 6.02 points to 1072.69 at 11am. The market seems to be very “quiet”. Is this the effect from the new FBM KLCI? Maybe everyone just wait and monitor.