Beware of Dye-Stained Banknotes

Dye-stained BanknotesIf someone or shop pass to you Dye-Stained Banknotes banknotes don’t accept it. Beware, the banknotes may come from banks or ATM machine’s robbery! We obviously don’t want to be implicated in any on these criminals.

Recently, due to  sharp increase in ATM robberies in Malaysia, Bank Negara Malaysia (BNM) introduced Currency Protection Device (CPD) to deter ATM robberies.

CPD will emit a bright-colored dye ink (using either smoke and/or liquid dye or any other agent) to stain banknotes in the event the ATMs/CDMs are attacked.

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2013 – 2014 Global Competitiveness Report


World Economic Forum (WEF) which is based in Geneva, Switzerland recently release “The Global Competitiveness Report 2013-2014”. The ranking is based on 12 pillars to measure the competitiveness for each countries.

The pillars are Institutions, Infrastructure, Macroeconomic environment, Health and primary education, Higher education and training, Goods market efficiency, Labor market efficiency, Financial market development, Technological readiness, Market size, Business sophistication & Innovation.

In the report, Malaysia ranked the 24th most competitive nation among 148 countries up 1 spot from 25th out of 144 countries in 2012. Malaysia remained the second most competitive among Asean and has improved to seventh position among 25 Asia-Pacific countries.

The table below is top 25 of the ranking.

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Solid Automotive IPO Oversubscribed by 9.83 times

Solid Automative

Solid Automotive Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 7.5 million shares. It was oversubscribed by 9.83 times. The IPO attract 4,100 applications or 81.2 million shares.

Pursuant, to the terms of the prospectus, 4 million unsubscribed shares initially reserved for application by Bumiputera Investors were made available to the Bumiputera public.

Below are the allotment summary.

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IPO Calendar & Legal Fees and Stamp Duty Calculator Update

 There is a new feature in 1-million-dollar-blog called IPO Calendar. This feature created specially for IPO lovers ( including me!) so that it is much easier to keep track & remember important IPO dates. The data for all IPOs in 2013 was filled in.

Check out IPO Calendar page & let me know if there is missing or inaccurate data by filling out the contact form.

On top of that, I also update Legal Fees and Stamp Duty Calculator to include Stamp Duty on loan. For bloggers or webmasters, if you would like to embed the calculator in your website kindly check the widgets page on how to do that. There are 7  types of calculators that you can choose.

ASW2020 Unitholders Get 6.7 sen Dividend for 2013


Amanah Saham Nasional Bhd (ASNB), announced a dividend of 6.7 sen per unit for the Amanah Saham Wawasan 2020 for the financial year ending 31st August, 2013.

The dividend is an increase of 0.1 sen per unit compared with the 6.6 sen dividend given in 2012. Kindly refer to “Historical ASW2020 Dividend Rate” for previous year dividend.

The dividend will involve a payout of RM1.062 billion. The figures is 9.2 percent higher than the payment of RM973.16 million made in 2012.

The payout will benefit 899,967 unit holders which currently hold 15.8 billion units of ASW 2020.

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