Everyone would like to buy a property, either for own stay or for an investment. However, do you know that on top of the property price, you have to pay a substantial amount of money for legal or lawyer fees and stamp duty?
Legal fees is payable to the appointed lawyer who will prepare Sale & Purchase Agreement between purchaser and vendor. On other hand, Stamp Duty which also known as Memorandum Of Transfer (MOT) is payable to the government & collected by Lawyer on behalf of the government.
Below is the details on how to calculate Legal Fees & Stamp Duty or else you may use online Legal Fees & Stamp Duty calculator.
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We expect the market to rebound in February as fundamentals remain intact and the 4Q2010 results reporting season should see analysts upgrading their earnings again. We like the Banks, Oil & Gas and Consumption related sectors for February. Our Top Buys center on companies anticipated to display strong profitability (CIMB, AirAsia), laggards (KPJ) and rebounding stocks (Kencana, SP Setia).
The table below are the target price for February 2011 top picks.
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Despite the rounds of interest rate hike and the gradual cut in petrol subsidy, improving consumer sentiment and a buoyant economic landscape boosted 2010 vehicle sales to end the year with a record 12.7% y-o-y growth. A healthy economic outlook, accommodative lending rates and the slew of new models in the pipeline are expected to fuel TIV growth by 2% in 2011 to 617,569 units.
However, industry margins expected to dip on inflationary pressure due to costlier raw materials and components. Nonetheless, earnings grow at a respectable pace given the favorable demand and strengthening ringgit in 1H. Maintain OVERWEIGHT on the automotive sector, with UMW and Tan Chong as top picks.
Below are target price for selected stocks in Automotive Sector.
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Lembaga Tabung Haji or Pilgrim Fund Board of Malaysia recently announced a 5.5 percent dividend for 2010. The total payout to depositors is RM1.33 billion.
The dividend is 0.5 percent higher than 2009 rate which was 5 percent. Higher dividend was due to the fund’s better financial performance in 2010. In the same period, Tabung Haji recorded a revenue of more than RM2 billion.
The dividend rate for Tabung Haji is very competitive taking into account the profile of Tabung Haji investments which are limited to Syariah compliant investments.
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January 27, 2011
Banking
Alliance Bank,
Bank Muamalat,
CIMB Bank,
Citibank,
Hong Leong Bank,
HSBC,
Kuwait Finance House,
Maybank,
OCBC,
Priority Banking,
Public Bank,
RHB Bank,
Standard Chartered,
UOB
Priority banking is a preferential treatment service granted to a select group of customers in a bank usually to high net worth personal. They are usually invited to enjoy this service based on amount of deposits, investments or housing loan with the bank.
Refer to table in the later section of this post to see the minimum deposit to be eligible.
Some of the benefits offer by Priority Banking are;
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