Posted in Investment on Apr 24th, 2007
This is an excellent public-service piece of information from the Securities Commission Malaysia (SC). If you are an investor, you should be aware of these warning signs before you agree to invest any money with anyone or any company through the Internet. It may be an investment scam so it’s better to be careful before [...]
Posted in NinaWang on Apr 22nd, 2007
It’s confirmed that Nina Wang’s US$4.2 billion fortune has been willed to her former feng shui master, Tony Chan, or to use his full name, Chan Chun-Chuen. According to Nina’s lawyer, Jonathan Midgley, she had named Chan as her beneficiary because he understood her personal and business philosophies. Chan is a 48-year-old married businessman with [...]
Posted in Mutual Fund on Apr 21st, 2007
The unit trust industry is now the main channel for Malaysians to invest in the capital market, according to Deputy Prime Minister Datuk Seri Najib Razak. The market is now bigger and it has been wielding an increasingly wider influence among the people in the past 10 years. In various newspaper reports today (21 Apr [...]
Posted in Rockwills & Estate planning on Apr 19th, 2007
This article appeared in the New Straits Times on 14 Apr 2007, produced here verbatim: Rockwills: Contribution from trustee unit to rise By Rupinder Singh rupinder@nstp.com.my ROCKWILLS International Sdn Bhd expects its revenue to rise 50 per cent this year to RM18 million from RM12 million in 2006, on higher contribution from its trustee unit. [...]
Posted in NinaWang on Apr 18th, 2007
An inevitable huge court battle is looming in Hong Kong over the US$4.2 billion estate of Nina Wang, the world’s richest woman. According to some news reports in Hong Kong, she left her entire wealth to her personal feng shui master. That would be Tony Chan, named by The Standard newspaper. He would be the [...]
Posted in Investment on Apr 16th, 2007
The Kuala Lumpur Composite Index (KLCI) inched nearer to its historical all-time high today, closing at 1,322.91. This puts the index just a whisker short of the 1,332.04 attained on 5 Jan 1994. Market analysts still put a bullish spin on the local bourse, in tune with regional gains. Unless there is a shock on [...]
Posted in Rockwills & Estate planning on Apr 15th, 2007
One of the perils of dying intestate – that is, when a person dies without writing a Will – is that during the application for a Letter of Administration, the judge may suddenly require the would-be Administrator to produce two guarantors. The guarantors will have to deposit an amount with the High Court equivalent to [...]
Posted in Investment on Apr 10th, 2007
As if taking a cue from a rather flat Wall Street yesterday, there was profit taking at the Bursa Malaysia this morning, taking the Kuala Lumpur Composite Index to an intra-day low of 1,290.08 but this afternoon’s trade saw renewed optimism with strong buying support on selected heavyweights. Towards the close of the day, there [...]
Posted in Investment on Apr 9th, 2007
The Kuala Lumpur Composite Index (KLCI) briefly broke through the 1,300 level late this afternoon to register a 13-year high on continued strong buying support of the heavyweight counters. It reached a high of 1,300.94 at 4.42pm before settling down to close at 1,298.36. According to Bernama, “the local bourse continued its gains for the [...]
Posted in Careers on Apr 9th, 2007
I’ve just completed a talk about resumes at the Penang Caring Society (Kompleks Masyarakat Penyayang) in front of a receptive audience of about 70 to 80 people and one of my focus was on developing one’s soft skills. Generally, we take soft skills for granted and there’s little attempt to really explain what this term [...]
