Posted in Rockwills & Estate planning, Rockwills & Inheritance on May 26th, 2007
My sister-in-law called me this morning to tell me the good news. The title deed to her house in Simpang Ampat, Penang, was finally with her. It had been a patient wait of almost five years to complete the estate administration process after her husband’s death. Her husband passed away of a heart attack on [...]
Posted in Investment on May 25th, 2007
The top 40 wealthiest Malaysians according to the 4 Jun 2007 issue of Forbes Asia magazine: Tan Sri Robert Kuok Hock Nien, 84: US$7.6 billion; Ananda Krishnan, 69: US$7.4 billion; Tan Sri Lim Goh Tong, 90: US$4.3 billion; Tan Sri Lee Shin Cheng, 68: US$3.9 billion; Tan Sri Teh Hong Piow, 77: US$3.5 billion; Tan [...]
Posted in Chess on May 24th, 2007
The Malaysian chess scene was poorer on 16 May 2007 with the passing of Dr Foo Lum Choon. Junior chess players will not know who he was but older chess players will recognise Dr Foo as a pioneer among Malaysian chess players and organisers. Dr Foo was 90 years old, long retired as a medical [...]
Posted in Investment on May 20th, 2007
I once read an interesting observation by a Malaysian investment advisor not so long ago. I can’t place where I have seen it but the gist of his observation was that a common reason – if not the most common reason – why people lose money in the stock market is because they forget their [...]
Posted in General, Investment on May 19th, 2007
This short essay is often attributed to William Arthur Ward (1921-1994), one of America’s great motivational speakers. However, I greatly suspect that the text may be even older and the original author may be someone unknown. Nevertheless, it’s quite interesting and we can apply the lessons to many aspects of our everyday lives. To laugh [...]
There is a very interesting tale presently unravelling on Jeff Ooi’s blog, Screenshots, regarding SMS spam messages. Here is my own experience with SMS spams, the latest one occuring at 1.41am this morning. I was woken up from my sleep when my mobile went off, I saw the message and immediately sat down to write [...]
Posted in General on May 17th, 2007
Here is an interesting experience that was shared with me by a senior HR person. My appreciation to Ismail: In every company, there are always employees coming to ask their Finance Dept for the pay day and Finance’s normal response is to send an email to all the staff to tell them of the appropriate [...]
Posted in Rockwills & Estate planning on May 16th, 2007
I’ve been hearing on the ground that the court cases between Rockwills Trustee Berhad and OSK Trustee Berhad are heading for settlement soon. An out-of-court settlement perhaps, with both sides dropping all claims? If this is true, this piece of good news cannot be more welcomed because the sooner this matter is resolved, the earlier [...]
Posted in General on May 14th, 2007
The past 11 days have not been easy for me and I’ll tell you why. On 3 May 2007 evening, I received a telephone call from a old family friend from Chicago to tell me that his brother had passed away in Penang. Our families have known one another for more than 50 years. I [...]
Posted in Mutual Fund, Unit Trust on May 14th, 2007
Here is a comparison of the top 10 largest investment holdings for each of the three global property funds available here in Malaysia: ING Global Real Estate Fund (31 Mar 2007) (Source: ING Funds Distributor, LLC) * Mitsubishi Estate Co Ltd (Japan) 4.6% * Mitsui Fudosan Co Ltd (Japan) 4.5% * Westfield Group (Aust) 3.9% [...]
