This post is an updates for “Earn Money by Generating Electricity at Home” article published earlier. Recently, Dewan Rakyat passed the bill on the Renewable Energy (RE) Act 2010. Under the bill, the Government is to implement the feed-in tariff (FiT) system.
Under the act, a small-scale solar photovoltaic (PV) producer, such as households, could potentially earn up to RM1.75 per kWh of electricity produced by selling the power to Tenaga Nasional Bhd (TNB). Comparatively, consumers pay RM0.218 per kWh to TNB for the first 200kWh electricity consume per month.
Under the FiT systems, TNB will buy all RE generated and pay a FiT to the generators, thus making it much more lucrative to generate RE power.
[continue reading…]
As rumors earlier, Felda Group’s commercial arm, Felda Global Ventures Holdings Sdn Bhd, will list its sugar business, Malayan Sugar Manufacturing (MSM) on the Main Board of Bursa Malaysia in July.
This was announced by Prime Minister Datuk Seri Najib Tun Razak at Invest Malaysia 2011 conference.
This is first Initial Public Offering (IPO) within Felda Group. The listing would enhance Felda’s leading position in the sugar industry, providing the group with an opportunity to gain recognition in the capital markets and allowing it to realize its investment while retaining control of its asset
[continue reading…]
Markets rebounded in March with the KLCI ending 1Q in the black. Moving into 2Q, OSK foresee there will be some short term volatility but they are confident on their year-end KLCI target of 1680 pts.
OSK also advise investors to buy Big Caps on potential rebounds while focusing on the more defensive Small Caps given their superior performance over the past few months. OSK’s favourite sectors remain Banks, O&G, Property and Construction in the mid- to short-term while the longer term buys are Media and Healthcare.
The table below are the target price for April 2011 top picks.
[continue reading…]
Focus Lumber Bhd, Sabah’s based manufacturer of plywood, veneer and laminated veneer lumber (LVL), is schedule to be listed in Main Market on 28th April 2011.
Focus Lumber’s IPO consists of public issue of 12.2 million new ordinary shares at an IPO price of RM0.60 per share with RM0.50 par value. Out of this, 9 million shares are allocated to Malaysian public.
On top of new shares issues, 5.2 millions existing shares are for sale to identified and Bumiputera investors.
[continue reading…]
Smartag Solutions Berhad Initial Public Offering (IPO) received an overwhelming response with its Malaysian public portion of 2 million shares. It was oversubscribed by 268.06 times. The IPO attract 11,845 applications or 538.1 million shares.
For the Bumiputera portion, a total of 4,191 applications for 139.3 million shares were received which represents an oversubscription rate of 138.17 times while under the Malaysian public category 10,676 applications. 50 million shares made available for private placement have been fully place out.
Below are the allotment summary
[continue reading…]
