Malaysia has a distinct tax disadvantage for foreign investors who wish to invest in our property trust/REIT as they are being taxed at 28% tax compared to our neighbor Singapore which is only a mere 10%.[revised last year]
As reported in The Star, this distinct limitation was voiced out recently by a Securities Commission (SC) […]

Recently, in The Star reported that:-
“ UDA Holdings Bhd has proposed to become a private entity, with its shareholders receiving a capital repayment of RM3 per share under a proposed selective capital repayment (SCR) exercise expected to be funded by Khazanah Nasional Bhd.
UDA said in a statement yesterday the capital repayment of RM3 cash per […]

Some of us as financial executive might be entrusted with the role of overseeing the IT department. It is therefore important to understand some pertinent points on internal control or internal checks so as to prevent or reveal computerized fraud.

Besides, reading the below article, it is advisable to read my earlier article on Checklist/SOP on […]

The capital repayment was reported in the NST,(6/4/06)
Mobile operator DiGi.Com Bhd plans a second capital repayment of 60 sen a share (RM450mln in total) to entitled shareholders. The proposal, pending approval, is expected to be completed by the fourth quarter 2006. When the exercise is completed, DiGi share capital will be reduced to RM75mln, significantly […]

Reported in The Star: 
“The Securities Commission (SC) relaxed listing requirements to allow foreign-owned companies with operations abroad to be listed on Bursa Malaysia and main board-listed Malaysian firms to have secondary listings abroad. 

The SC said eligible Malaysian-owned corporations with foreign operations would now be given the flexibility to go public without having to comply with […]