Archive for May, 2007
Going Private – An Increasing Trend
There is an increasing trend where public listed companies would pursue the going private option.
This is particularly so when listed companies have failed after using share-buyback to boost up their share prices.
Incidentally in a very recent case, Penang printed circuit board maker GUH Holdings Bhd’s board opt for share buyback and announced that if this same does not work [...]
May 31, 2007
Posted in: IPO/Privatisation 
No Comments
New Rich in Malaysia
Due to the bull run in the stock market, the following eight new faces joined the ranks of Forbes Asia’s 2007 Malaysia Rich List, which named the 40 richest people in the country:-
New Rich & Rank
Holding
 Others
Ong Beng Seng
( Rank:12 th )
Hotel Properties
·  Currently resides in Singapore, has investments in luxury hotels, real estate and steel. [...]
May 31, 2007
Posted in: Malaysia No Comments
Chairman’s Statement
In earlier articles, I have mentioned that it’s important to look at the Chairman’s Statement as it might revealed what are the company’s prospect / outlook.
It is interesting to note that there are further other comments that are revealed in the Chairman’s statement – a typical example is the Chairman statement of [...]
May 30, 2007
Posted in: Articles No Comments
Tax Updates- Advance Tax Ruling
Advance Tax Ruling (ATR) was introduced during the 2007 Budget speech (1/9/2006) by Datuk Abdullah Badawi.
So what is difference between an Advance Tax Ruling compared to the Public Ruling?
Append below the contrast:
Advance Tax Ruling:
Advance Tax Ruling is the Director-General of Inland Revenue’s written interpretation on how any provision of the Income Tax Act, 1967
It applies [...]
May 25, 2007
Posted in: Corporate Tax No Comments
Sukuk And Islamic Capital Market
The emergence of the Islamic capital market in 2002 with the inaugural sukuk issued by the Malaysian Governement spearheaded the capital markets exponentially as it became the blue print to an increasing variety of instruments which can be used to create an efficient Islamic portfolio in line with portfolio theory and financial planning.
Increasingly, many companies [...]
May 23, 2007
Tags: Capital markets, Islamic, sukuk Posted in: Financial Strategy, Islamic Capital markets, Sources of Financing No Comments
Who In The World Is Entrepreneurial?
Extracted from CNNMoney.com (23/5/07) the below ranking for countries which are the most and least friendly to small business:
Most and least friendly countries to small biz
Rank
Country
Fortune Small
Business Score
Â
1
New Zealand
2.03
2
United States
2.01
3
Canada
1.99
4
Australia
1.93
5
Singapore
1.88
6
Hong Kong, China
1.86
7
United Kingdom
1.85
8
Ireland
1.85
9
Denmark
1.75
10
Iceland
1.75
11
Norway
1.70
12
Sweden
1.64
13
Japan
1.64
14
Finland
1.60
15
Thailand
1.60
16
Chile
1.59
17
Israel
1.59
18
Latvia
1.57
19
Switzerland
1.57
20
France
1.50
21
Jamaica
1.49
22
Netherlands
1.45
23
Belgium
1.45
24
Germany
1.37
25
Portugal
1.36
26
Peru
1.33
27
South Africa
1.32
28
Malaysia
1.31
29
Colombia
1.29
30
Russia
1.29
31
Austria
1.28
32
Mexico
1.26
33
Turkey
1.26
34
Korea
1.25
35
Czech Republic
1.24
36
Italy
1.20
37
Taiwan, China
1.15
38
Spain
1.11
39
Hungary
1.11
40
Slovenia
1.10
41
Uganda
1.05
42
China
1.05
43
Argentina
1.04
44
Poland
1.02
45
Croatia
0.95
46
India
0.94
47
Jordan
0.94
48
Uruguay
0.92
49
Ecuador
0.92
50
Brazil
0.92
51
Philippines
0.90
52
Greece
0.76
53
Indonesia
0.61
May 23, 2007
Posted in: Financial Strategy No Comments
