Chin Hin Group Berhad IPO

Chin Hin GroupChin Hin Group Berhad, a building materials supplier is scheduled to be listed in Main Market of Bursa Malaysia on the 8th March 2016.

The Initial Public Offering (IPO) consists of 63.2 million new ordinary shares and offer for sale of 65 million shares at an IPO price of RM0.65 per share at RM0.50 par value. 96.5 million shares will be for private placement & selected investors, 25.3 million shares to the Malaysian public and the remianing 6.4 million shares for eligible directors, employees & business associates of Chin Hin Group Berhad.

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EPF Announced 6.40% Dividend for 2015


The Employees Provident Fund (EPF) announced dividend rate of 6.40 percent for the financial year ended 31st December 2015. It was the second highest since year 2000 and lower than 6.75 percent announced in 2014.

Kindly refer to “Historical Employees Provident Funds (EPF / KWSP) Dividend Rate” page for EPF dividend rate table & chart since 1952. You may want to calculate the dividend received by using EPF Dividend Calculator.

The total dividend payout stand at RM38.24 billion from RM44.23 billon income.  The remaining are used for investment expenses, operating expenditures, statutory charges and net impairment allowance on financial assets. The payout representing an increase of 4.48 per cent compared to RM36.60 billion recorded in 2014.

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Tabung Haji Declared 8.0% Bonus/Dividend for 2015


Lembaga Tabung Haji or Pilgrim Fund Board of Malaysia announced bonus comprising 5.0 per cent annual bonus (dividend) and 3.0 per cent special Hajj bonus for financial year ended 31st December 2015.

This bring the total bonus to 8 percent. The total bonus is 0.25 percent less than  the amount declared in 2014.

The Hajj Bonus is only to depositors who have not performed their Hajj and limited to the current hajj fee (RM9,980) or their average monthly deposit for 2015 which ever lower. The Hajj Bonus would benefit 8.23 million Tabung Haji depositors who have yet to perform their pilgrimage.

Kindly refer to “Historical Tabung Haji Dividend Rate” page for previous year dividend.

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Ranhill Holdings Berhad IPO

RanhillRanhill Holdings Berhad, a energy and water company is scheduled to be listed in Main Market of Bursa Malaysia on the 18th Feb 2016. The listing is basically a reverse takeover (RTO) of Symphony House Bhd which would pave the way for the back-door listing of the group on the Main Market of Bursa Malaysia. This is done following its failed initial public offering attempt in July 2013 on disclosure transgression issues.

The Initial Public Offering (IPO) consists of 475 million shares at an indicative IPO price of RM1.70 per share at RM1.00 par value. Out of these, 354.18 million shares will be offered to institutional investors, 65.99 million shares will be offered to existing shareholders of Symphony House Bhd, 36 million shares to the eligible individuals while the remaining 18.83 million shares will be offered to Malaysian public.

The institutional price will be determined by way of book building while for the retail application, it is payable at RM1.70 upon application. If the final retail price is lower, the difference will be refunded accordingly.

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ASB Unitholders Get 7.75 sen Dividend & Bonus for 2015


Amanah Saham Bumiputera (ASB) unitholders will receive a dividend of 7.25 sen and a bonus 0.50 sen per unit for the financial year ending 31st December 2015. This brings a total of 7.75 sen distribution income for year 2015.

This dividend is 0.25 sen lower when compare to 7.50 sen declared in 2014 while bonus is 0.50 sen lower when compare to 0.50 sen declared in 2014. The total dividend and bonus is the lowest since the fund launched in 1990.

Kindly refer to “Historical Amanah Saham Bumiputera (ASB) Dividend Rate” page, for previous year dividend and bonus.

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