Previously, we took a look at savings range for EPF members in 2010. Do you know how much is the average saving of each active member based on age for 2011?
If you are interested to know this information, kindly take a look at the following table. It shows members average savings, total savings based on age. The figures exclude 2011 dividends.
On the 1st of October 2012, Genneva Gold raided by both the authorities in Malaysia and Singapore for suspected offences including illegal deposit taking, money laundering, tax evasion and avoidance, false description (misrepresentations), appointment of agents without licence, and failing to lodge statutory documents.
Soon after, there are a lot of comments and denial by Genneva Gold customers & consultants (agents), and they start to blame the authorities. They are even set up Genneva Support Group on Facebook. In the group, there was a comment made by Richard Chew who clearly explained the scam and the flaw on Genneva business. Unfortunately, the comment was deleted within a few minutes.
I like to share his comment so that everyone understands the reason why Genneve Gold is indeed a scam. Read on his comments below,
Groupon is launching a new payments service apparently targeting small-to-medium-sized business merchants allowing them to accept credit/debit cards as forms of payment. This swiper system, called GrouponPayments, boasts a 1.8% rate on all swiped transactions for Discover, MasterCard, and Visa transactions, as well as a 3% rate on American Express purchases. With its highly competitive rates, heightened security, and other features, Groupon has become an unlikely player on the merchant accounts stage. Here’s a brief article on merchant account providers.
The hardware for this system is solid and well-developed. There are two options for card-swiping hardware; a standalone swiping unit and an audio-jack plug-in accessory. The standalone option is rugged and durable for high-volume card-swipe transactions, while the plug-in device is more suitable for ultraportable, road-warrior needs with a lower volume of swipes, although it, too, appears to be of a fairly rugged design. Both card reader units utilize highly advanced, best-in-class encryption methods, keeping customers’ information safe and secure.
Astro Malaysia Holdings Berhad Initial Public Offering (IPO) received an overwhelming response with its public portion of 103.9 million shares. It was oversubscribed by 6.08 times. The IPO attract 57,259 applications or 735.9 million shares.
The Institutional Price was fixed at RM3.00 per Offer Share. Accordingly, the Final IPO Price for the Retail Offering is fixed at RM3.00 per Offer Share.
The IPO allocate 103.9 million shares for public. Of these, 51.97 million shares were allocated for Bumiputera category while 51.97 million shares were allocated for Malaysian Public category.
Below are the allotment summary for public portion.
Amanah Saham Nasional Berhad (ASNB), announced a dividend of 6.60 sen per unit for Amanah Saham 1Malaysia (AS 1Malaysia) for the financial year ended 30th September 2012.
The dividend is 0.10 sen per unit higher when compared with 6.50 sen per unit announced for 2010. Kindly refer to “Historical AS1 Malaysia Dividend Rate” for previous year dividend.
The dividend will involve a total payment of RM459.86 million and will benefit 336,411 unit holders who currently hold 8.02 billion units of AS 1Malaysia.