Posted in Investment, Mutual Fund, Unit Trust on Aug 30th, 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 July 2007)(Source: ING Funds Distributor, LLC) * Mitsui Fudosan Co Ltd (Japan) 4.64% * Westfield Group (Aust) 4.24% * Mitsubishi Estate Co Ltd (Japan) 3.89% * [...]
Posted in Rockwills & Estate planning on Aug 29th, 2007
Remember the Terry Schiavo case in the United States which made headlines worldwide about two years ago? Terry Schiavo was a lady who was in a persistent vegetative state (PVS) after suffering a heart attack in 1990. PVS is also known as cortical death, which means that there is permanent loss of the part of [...]
Posted in Penang on Aug 22nd, 2007
I’ve said it once before and I’m going to say it again. It’s probably too late for the residents of mainland Penang to make noise regarding the toll collection at the Sungai Nyior plaza of the Butterworth-Kulim highway. This existing stretch of the highway, already 10 years old, connects Butterworth to Seberang Jaya and further [...]
Posted in Chess on Aug 18th, 2007
I don’t keep diaries. I’ve never had one but when I was clearing my storeroom recently, I came across a long-forgotten notebook from the 1970s in which I had jotted some of my early thoughts, impressions, chess games and other personal information. Well, I thought it would be good to read what was in my [...]
Posted in Chess on Aug 17th, 2007
The Malaysia Chess Festival starts tomorrow. More than a fortnight ago, I was asked by Hamid Majid, the secretary of the Malaysian Chess Federation, to rack my brains for a suitable story for the souvenir book. I must admit that not having written any chess article since last February has deeply affected me. In short, [...]
Posted in Investment on Aug 16th, 2007
Stock markets worldwide are now undergoing a major correction in response to the continuing sub-prime market woes in the United States. As I had mentioned earlier, Asia is not immune to the ripples from Wall Street. Only difference is, the ripples are threatening to become small tsunamis. At the opening bell in Asian markets, they [...]
Posted in Rockwills & Estate planning on Aug 14th, 2007
It was a tragic accident, wasn’t it? The bus crash along the North-South Expressway near Bukit Gantang early on Aug 13 morning took the lives of 20 people, including the driver, and left nine others warded with injuries, some serious. Tragic, yes. Shocking, no. When you understand the greed that goes into running bus companies, [...]
Posted in General on Aug 7th, 2007
What do Tony Fernandes and Richard Branson have in common, apart from being involved in the aviation industry? Music. Back in the 1970s, Richard Branson began selling vinyl records to retail shops from the boot of his car, proceeded from there to found Virgin Records and never looked back as he took the Virgin Group [...]
Posted in Rockwills & Estate planning, Rockwills & Inheritance on Aug 6th, 2007
One of the problems that Wills are supposed to overcome is the possibility of contention or disagreements among family members when it comes to the distribution of assets of a person who had died intestate (that is, without a Will). I’m sure most people would have heard – either first-hand or from someone else – [...]
Posted in Rockwills & Estate planning, Rockwills & Inheritance on Aug 4th, 2007
The objectives of the Employees’ Provident Fund are very noble; primary among them is to enable contributors to save for their retirement years. EPF members are required by law to contribute a certain percentage from their salaries while their employers will also contribute a share to the members’ savings. There’s even a provision for members [...]
