Tuesday, July 26, 2011

How To Buy a Property Through a Real Estate Agent


Garden@one south, Seri Kembangan, Selangor
RM 380k - RM 580k

STEP 1:
Call an agent and specify the type of property you are looking for (condominium, semi detached house etc), the preferred location (near town, near hospital etc) and most importantly your budget.

STEP 2: 
The agent narrows down the choices of properties in his portfolio and arranges viewings for you.

STEP 3: 
You offer what you think the property is worth on the current market. (Depending on how fast you and the seller come to agreement, the process can be short as an hour or as long as several weeks.

The Greens, Tmn Tun DR. Ismail
STEP 4:
When the amount is agreed upon, the earnest deposit of 3% (of purchase price) is paid to the agent.

STEP 5:
Engage a lawyer to draw up the sale and purchase agreement (S&P). You have 14 days to sign the S&P, upon which the remaining 7% of downpayment has to be paid.

STEP 6:
You may then want to get a bank loan, which take about a month to complete

STEP 7:
The transfer of title takes place. With a freehold property, it takes about three months from the signing of S&P. For a leasehold unit, it takes 6 month to a year.

Suria Hill, Klebang Impian, Ipoh Perak
(RM 330k - RM 600k)
Article source: THE EDGE Personal Money, July 2011
Image hosted at : iproperty

Wednesday, July 20, 2011

TOP 10 World's Most Expensive City



1. Tokyo, Japan

Quick lunch : USD 20.80
1 Kg Rice : USD 9.80
Movie Ticket : USD 23.80

2. Oslo, Norway
Quick lunch : USD 45.20
1 Kg Rice : USD 6.10
Movie Ticket : USD 18.80

3. Nagoya, Japan
Quick lunch : USD 19.00
1 Kg Rice : USD 8.50
Movie Ticket : USD 21.80

4. Stavanger, Norway
Quick lunch : USD 32.30
1 Kg Rice : USD 5.70
Movie Ticket : USD 17.30

5. Yokohama, Japan
Quick lunch : USD 16.90
1 Kg Rice : USD 4.20
Movie Ticket : USD 21.70

6. Zurich, Switzerland
Quick lunch : USD 32.90
1 Kg Rice : USD 3.70
Movie Ticket : USD 19.60

7. Luanda, Angola
Quick lunch : USD 52.40
1 Kg Rice : USD 4.60
Movie Ticket : USD 13.90

8. Geneva, Switzerland
Quick lunch : USD 33.70
1 Kg Rice : USD 4.70
Movie Ticket : USD 19.20

9. Kobe, Japan
Quick lunch : USD 15.60
1 Kg Rice : USD 9.30
Movie Ticket : USD 20.80

10. Bern, Switzerland
Quick lunch : USD 28.80
1 Kg Rice : USD 4.70
Movie Ticket : USD 19.10


as today 20th of July 2011, USD 1 = RM 3.01

Data Source: The Edge Malaysia
Image source: google image

Sunday, July 17, 2011

Incoming IPO August 2011




Kan Sam Foods Berhad
Business Description: 
Kan Sam Foods Berhad, through its subsidiary, JB Cocoa Sdn Bhd, engages in the production and sale cocoa ingredients in Malaysia. It offers cocoa liquor, cocoa butter, cocoa cake, and cocoa powder to food, beverage, and confectionary manufacturers. The company sells its products under JBCocoa brand name through distributors and trade houses, as well as exports to 50 countries worldwide. Kan Sam Foods Berhad is headquartered in Gelang Patah, Malaysia.

MSHK Corporation Berhad


Business Description: 
MSHK Corporation Berhad, through its subsidiaries, engages in the fabrication and maintenance of palm oil milling plant and machinery. The company was incorporated in 2007 and is based in Pusing, Malaysia.

Pasukhas Group Berhad

Business Description: 
Pasukhas Group Berhad, a mechanical and electrical engineering services company, provides design, system integration, fabrication, installation, testing, and commissioning of electrical and mechanical works for water treatment and sewerage industry, palm oil and sugar mills and refineries, and factories in the oil and gas and chemical industries. It also manufactures and distributes low voltage (LV) switchboards, including sub-switchboards and distribution boards, generator switchboards and auto mains failure panels, motor control centers and soft starters/VFD panels, auto and manual synchronizing panels, PLC panels and customized mimic panels, and outdoor feeder pillars in Malaysia, Indonesia, the Philippines, Sri Lanka, China, and Jamaica. In addition, the company trades in distribution and power transformers in Malaysia, Germany, the United Kingdom, Eritrea, Ghana, Malawi, Mozambique, Sudan, South Africa, Laos, Myanmar, the Philippines, Singapore, Indonesia, the United Arab Emirates, and Fiji Islands; and provides procurement, installation, and testing and commissioning of high voltage systems, power and distribution transformers, generator systems, LV systems, and extra low voltage systems. It serves automotive, steel and aluminum, textiles, power generation, packaging, converting, pulp and paper, and furnaces industries. The company was founded in 1985 and is based in Seri Kembangan, Malaysia.

EITA Resources Berhad

Business Description : 
EITA Resources Berhad, through its subsidiaries, engages in the design and manufacturing of elevator systems, busduct systems and metal stampings, and electrical and electronic components and equipment. Its elevator system includes elevators, travellators, escalators, lifts (passenger, goods/cargo, service, and handicap lifts), and dumb waiters; and electrical and electronic components and equipment comprise centralized dimming system, ballast for lighting systems, ignitors for lighting systems, information technology racking; and electrical distribution boxes. The company also involves in the marketing and distribution of various electrical and electronic components and equipment, including power distribution equipment, control equipment, and extra low voltage equipment. In addition, it provides maintenance services for the elevators, travellators, escalators, lifts, and dumb waiters; and implements security system solutions, such as physical security systems incorporating closed-circuit television systems and card access systems, apartment intercom systems, building SMATV systems and master antenna television systems, guest room control systems, and electrical systems. The company operates in Malaysia and internationally. EITA Resources Berhad was incorporated in 1996 and is based in Subang Jaya, Malaysia.


Friday, July 15, 2011

TOP 10: The World’s Strongest Banks



The Bloomberg Markets magazine has published the list of The World’s Strongest Banks.Singapore-based Overseas-Chinese Banking Corp (OCBC) was ranked the world’s strongest bank based on its performance for the 2010 fiscal year. Here top 10 World’s Strongest Banks

The World’s Strongest Banks

1. Overseas-Chinese Banking (Singapore)



2. Svenska Handelsbanken (Sweden)



3. National Bank of Canada



4. Canadian Imperial Bank of Commerce




5. DBS Group Holdings (Singapore)

6. United overseas Bank (Singapore)

7. Fifth Third Bancorp (U.S.)

8. Banco Bradesco (Brazil)

9. UBS (Switzerland)

10. BOC Hong Kong (Holdings)

Saturday, July 9, 2011

CIMB Second Largest Bank in Malaysia

cimb bank logo

CIMB GROUP


Total Assets                                      : RM 273.3 Billion
Total Shareholders’ Funds               : Rm 23.5 Billion
Total Funds Under Management     : RM 32.2 billion
Net Profit (1Q11)                              : RM 917 million
Earning Per Share (1Q11)                : 12.3 sen
Staff strength                                    : Over 38000
Global Markets                                                   
Malaysia, Singapore, Indonesia, Thailand, Hong Kong, China, UK, USA, Brunei, Myanmar, Vietnam, Bahrain, Cambodia, India.

Figures as 31st March 2011

Tuesday, July 5, 2011

Aidil Zafuan Goal - One of the BEST in the WORLD




Superb goal from aidil zafuan from MALAYSIA. 101greatgoals qualify this goal as one of the best in the world and got some comment from overseas that Arsene Wenger should try to scot this superb player...lol.. 

Guys, please vote for this amazing goal, at this link

Now this goal seat at no 7, please vote n spread this info,

Cheers :p


Enjoy this amazing video..



Monday, July 4, 2011

Sugar, sugarbabe, or sugardaddy


Coarse and fine sugar now cost RM 2.30 a kilo after 20 sen increase last May. According to news report Malaysians consumed about 1.4 million tons of sugar last year, and demand has been growing at a compound annual growth rate of 3.4% over last 10 years.

 Malaysia ingest more sugar than its neighbours at an average per capita consumption of 50Kg; Thailand come second with 40Kg while Indonesia, India and Philippines trail with 20Kg.

With the price increase, consumption may be lowered, and that is good for our health.


Professor Lustig from the University of California says sugar consumed quickly in large quantities is the primary reason behind the high number of obese and diabetic person. In addition, high sugar consumption also related to heart disease, hypertension and many common cancers.

How much sugar in our food?


Sugarbaby or Sugardaddy in Malaysia

Btw recent ipo related to sugar is MSM ipo.. maybe because sugar is very very very important staple in Malaysia... its jump to North pole during listing... 37.9% increase, or 43% increase for retail investor... not bad huh...? hahaha

somebody told me, MSM name is not so suitable, better replace by Sugarbabe or sugardaddy. Very hot n sweet IPO n now already touch RM 5.12

IPO PRICE : 

RM 3.38 -retail investor
RM 3.50 -Institutional Investor

as today 4July 11am, last done price is RM 5.12


sponsor II