Feed-in-tariff (FiT) Registration Open to Public


For those who are interested to earn extra money by generating electricity at home will be able to register online through e-FiT system at the Sustainable Energy Development Authority Malaysia (SEDA) website. The registration will be open to the public starting 1st December 2011 at 00.00 hrs.

There will be a quota on the numbers of approved application, and it will be awarded based on first-come, first-served basis.

For the public individual, the quota for solar photovoltaic (PV) system is 2.50 MW for half yearly. If each of the public individuals adopts to install 4kW, then the quota is 625 persons per half-yearly. FiT present applicants with an investment opportunity as they will be rewarded with lucrative rates.

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1-million-dollar-blog is Now Hosted on a VPS Server


Now 1-million-dollar-blog is hosted on a VPS (Virtual Private Server) and the system is provided by TurnKey Internet. Previously,  1-million-dollar-blog is hosted on a share hosting provided by Bluehost.

For those who are not familiar, VPS is basically a virtual server which has guaranteed server resources such as CPU, memory & hard-drive space. User also has full control over the server such as OS reinstall & server reboot. This will result in faster webpage serving & able to handle more visitors (I hope so).

I managed to grab a very good deal on their Black Friday 2011 sale with 75% off for life. I buy package 4 of their VPS packages with the following specification;

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Regulated Short Selling (RSS) On Bursa Malaysia

Bursa

Basically, short selling means that investors sell a share without first having it. Short selling is a technique used by investors to profit from the falling price of an overpriced market.

In Bursa Malaysia, short selling is regulated under Regulated Short Selling (RSS) and Securities Borrowing and Lending (SBL) guidelines, which introduced to the market on 3rd January 2007. Prior to 2006, short selling was banned for about 8 years.

RSS means that investors sell a share without first having it, but they have to borrow it from the Central Lending Agency (CLA). CLA is an agency managed by Bursa Clearing where all lending and borrowing are taking place. Investors don’t deal directly with the CLA, but they have to go through the approved Participating Organisation (PO) or investment bank.

For those who have excess shares, you may lend it to the CLA and earn some fees.

1. How to participate in RSS?

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Pavilion REIT IPO Oversubscribed by 7.49 times

Pavilion

Pavilion REIT (Real Estate Investment Trust) Initial Public Offering (IPO) received an overwhelming response with its public portion of 31 million units. It was oversubscribed by 7.49 times. The IPO attracted 9,446 applications or 232.3 million units.

In addition, 1.5 million units initially set aside for the Preferential Allocation were made available for balloting.

Institutional price was fixed at RM0.90 per unit & retail offering was fixed at RM0.88 per unit.

Below is the allotment summary.

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ASN3 Unitholders Get 6 sen Dividend for 2011

ASN3

Amanah Saham Nasional Berhad (ASNB), has announced a dividend of 6 sen per unit for Amanah Saham Nasional 3 Imbang (ASN3) for the financial year ended 30th November 2011.

The 6 sen dividend is similar to the amount paid in 2010. Kindly refer to “Historical ASN3 Dividend Rate” for previous year dividend.

The dividend will involve a total payment of RM7.52 million and would benefit 11,500 unit holders who hold 125.41 million units of ASN 3.

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