Smartag Solutions Bhd, a provider of total Radio-frequency identification (RFID)-based solutions, is schedule to be listed in ACE Market on 18th April 2011.
Smartag Solutions’s IPO consists of public issue of 57 million new ordinary shares at an IPO price of RM0.31 per share with RM0.10 par value.
50 million shares are to be issued to identified investor, 2 million shares will be allocated for the Malaysian public and 5 million shares for eligible employees and person who contributed to the company.
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March 28, 2011
Credit Card
Affin Bank,
Alliance Bank,
American Express,
Cash Rebate,
CIMB Bank,
Citibank,
Hong Leong Bank,
Mastercard,
Maybank,
OCBC,
UOB,
VISA
Cash rebate credit cards are getting popular. More and more card issuers introduce cards with this features and many cardholders prefer this kind of benefits rather than reward points.
Due to so many choices, consumers may get confuse and do not know which card to apply. Hopefully, with this compilation or comparison, it will easier for them.
The table below is the list of cards that offers excellent cash rebate to the cardholders throughout the year. Bear in mind that cards that have limited time cash rebate or cash rebate promotions are excluded from the list.
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OSK maintain OVERWEIGHT rating on construction sector, driven primarily by:
(i) implementation of the various projects under the ETP, and
(ii) the potential of more contract awards as the Govt attempts to generate a feel-good factor given the potential of an early General Election.
Gamuda, Mudajaya and KimLun are OSK’s top picks
Below are the target price for selected stocks in construction sector.
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Amanah Saham Nasional Berhad (ASNB), announced higher dividend rates for all the three funds under Amanah Saham Gemilang (ASG), ASG-Pendidikan, ASG-Kesihatan and ASG-Persaraan for the financial year ended 31st March 2011.
Unitholders of ASG-Pendidikan will receive an income distribution of 5.60 sen per unit, ASG-Kesihatan will receive 6.10 sen per unit, and ASG-Persaraan will receive 5.10 sen per unit. Kindly refer to “Historical ASG Dividend Rate” for previous years dividend.
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Tambun Indah Land is a property developer based in Penang and it was listed on Main Market on 18th January 2011 at an IPO price of RM0.70. On listing day, share price hits RM0.865 but since then the price dwindling down to below its IPO price. On 23rd March 2011, share price close at RM0.675.
Fair Value/Target Price for Tambun by two research houses, RHB Research & Jupiter are at RM0.81 and RM0.95 respectively. However, the forecast may be not so accurate for a newly listed stock.
One interesting fact about Tambun is, they expected to pay high dividend to the shareholders. From IPO prospectus, Tambun have a dividend payout ratio policy in between 40% to 60% of the net profit.
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