The advance of loans taken against paycheques is helping investors and families alike find necessary liquidity despite the fact they are unable to get secured loans. These online “payday loans” are also a good hedge against the borrowers’ inability to get credit due to a less-than-perfect credit history.
This has several implications for all types of potential borrowers:
Previously we look at “Compilation of Cash rebate credit cards“.
For those who prefer to use Debit Card instead of Credit Card to control spending, there are a number of banks offer debit cards with cash rebate. However, the quantum of rebate is lower when compare to rebate from credit card spending.
The table below is the list of debit cards that offers good cash rebate to the cardholders.
ECMLibra Investment Research continue to be Overweight on the sector as news flow continues to be heavy and very positive. There would be many more contracts to come from marginal fields, development projects (like Tapis), and deepwater developments.
Besides that, Petronas’s intention to increase drilling activity will also enhance the need for support vessels and drilling services and equipment.
On notable major shareholding changes, Employees Provident Fund was seen adding shares across the board, particularly in Petronas Chemicals, SapuraCrest, Wah Seong and KNM.
Boilermech Holdings Bhd, a biomass boiler manufacturer is schedule to be listed in ACE Market on 5th May 2011.
Boilermech’s IPO consists of public issue of 34.9 million new ordinary shares at an IPO price of RM0.33 per share with RM0.10 par value. Out of this, 8 million shares are allocated to Malaysian public.
On top of new shares issues, 13.5 millions of existing shares are for sale to identified and Bumiputera investors.
Pelaburan Hartanah Bhd (PHB), has announced its first interim dividend of 2.17 sen per unit for Amanah Hartanah Bumiputera Unit Trust Fund (AHB) for the period ending 31st March 2011.
The income distribution is for the period of 4 months. If the subsequent dividend payment is at similar rate, it would translate to 6.51 percent return per year. The figure is comparable with funds managed by Amanah Saham Nasional Berhad.
The dividend will involved a total payment of RM19 million. It is tax-exempted and will be credited into the unit holders’ accounts on 18th April 2011.