MONEY ,FINANCE MALAYSIA

PETALING JAYA: Fresh investor interest in tycoon Tan Sri Khoo Kay Peng’s   Malayan United Industries Bhd  (MUI) and its listed subsidiaries has sparked speculation that he could be looking to divest his 47.7% stake in the asset-rich company. MUI and its 66.5%-owned subsidiary Pan Malaysia Corp Bhd  (PM Corp) were two of the top active counters traded on Bursa Malaysia yesterday – breaking out of its mundane trading pattern that the group is known for. Beyond the excitement of the past few months where Khoo and the group had hogged the limelight for various reasons, all three counters have seen rather stagnant share price movement since 2002. Yesterday, PM Corp’s share price rose 8.5 sen or 37.8% to close at 31 sen with 65.3 million shares traded. MUI closed up 0.5 sen or 1.7% to 29 sen with 90.7 million shares done. Its 69.3%-owned   MUI Properties Bhd  also saw movement, closing up 1.5 sen or 4.1% to 38 sen yesterday. ...

--------------------------------------------- being, feeling rich then suddenly feeling poor  in #Malaysia DOLLARS TO RM IN 1980  2.1 #LALIASIA.FINACE My 100 then  is now 50 ' weeping "who stole my money? which police to report? why i am so poor now? #CRY BABY LALIASIA.FINANCE TRULY MIDDLE- EASTERNERS, INDIANS CALLED  THEIR CURRENCY RINGGIT- IT WAS REAL GOLD COINS. RM TO SING DOLLAR#laliasia.finance RINGGIT A NEAR 50% DEPRECIATION#LALIAIA.FINANCE RINGGIT- IS GOLD IN ANCIENT CURRENCIES IN AISA BUT NOW HOLDING TO IT- HAVE MADE ME POOR. I drive to Singapore (5 hours in the old road) or first class night train to Singapore city center. without converting ringgit to S $-As IN Singapore MR is  used with no hassle at par value to SING dollar. A GOOD HOTEL PER NIGHT IS 100  S DOLLAR= 100MR- FOOD same price as in KL. 1 TO 1 RECOLLECTING MEMORIES. yes by memory not by records WHAT IS UNBEARABLE IS DUE TO NO FAULT OF ME OR MY  AC...

I WAS HUNGRY BEAR#laliasia.finance I WAS A KIND  OF STARVED BEAR , WITH CASH IN HAND HUNGRY TO BUY STOCKS !. SO I TRIED SEVERAL TIMES BUT MISSED DUE TO OFFER PRICE WAS ONE CENT LOWER. TO SEE NEXT FEW DAYS STOCK KEPT CLIMBING UP HUNGER GREW-!AFTER SEVERAL DAYS AND ON A DAY WHEN  I HAD OTHER WORRIES IN MY MIND MY I LET IT GO FEELING CAME IN MIND IE MIND SLIPPED.I REALLY LET IT GO- BOUGHT CENTURY AT 1.350 AT MARKET PRICE.THAT WAS A DESPERATE BUY , IRRATIONAL, AND ALL WRONG FROM THE BASIC  DISCIPLINE I HAVE OVER DECADES. NEXT DAY CENTURY SLIPPED 3 CENT DOWN EARLY MORNING. NOW AT 1.10 #LALIASIA.FINANCE MORE I HAVE BEEN HAVING MUI FOR QUITE A LONG TIME BOUGHT ON THE BASIS OF RELATIVE VALUATION AT THAT TIME AND KKP. I HELD ON AND ON ADDED MORE IN-FACT BUILDING A HUGE PORTFOLIO     - RELATIVELY. AFTER YEARS WHEN I SAW MUI RISING---- I STARTED CALCULATING MY RECOVERY - A HUGE SUM- RELATIVELY- FOR  ME EVEN A CENT UP. THEN CAME THE VIVI...

MFMS.KL on Kuala Lumpur Stock Exchange   1.60 MYR 10:33pm EDT Change (% chg) RM-0.02 (-1.23%) Prev Close   RM1.62 Open   RM1.62 Day's High   RM1.62 Day's Low   RM1.57 Volume   476,600 Avg. Vol   417,015 52-wk High   RM1.67 52-wk Low   RM1.20 REVENUE & EARNINGS PER SHARE CONSENSUS ESTIMATES ANALYSIS   # of Estimates Mean High Low 1 Year Ago Sales and Profit Figures in US Dollar (USD); VALUATION RATIOS   Company industry sector P/E Ratio (TTM) 10.68 22.14 41.38 P/E High - Last 5 Yrs. 34.59 36.74 42.41 P/E Low - Last 5 Yrs. 9.55 17.67 26.51 Beta 0.91 0.91 0.62 Price to Sales (TTM) 0.33 1.84 6.18 Price to Book (MRQ) 1.00 3.33 37.50 Price to Tangible Book (MRQ) 1.00 4.23 41.53 Price to Cash Flow (TTM) 6.14 15.00 36.74 % Owned Institutions -- 0.08 0.07 DIVIDENDS   Company industry sector Dividend Yield 4.30 1.72 1.91 ...

GO-- FOR MORE   http://lampiran2.hasil.gov.my/pdf/pdfam/guideline_stampingofshares.pdf Example I XYZ Sdn. Bhd. (an investment holding company) has an issued share capital of RM200,000. A total of 150,000 shares were sold on 1.3.2001 for a sale consideration of RM75,000. The particulars as per audited accounts for the year ended 31.12.2000  (Appendix 1A and 1B) are as follows : Net loss for the year ( RM 2,275 ) Issued share capital RM200,000  Shareholders’ Funds RM181,950  (A) Par Value of shares transferred RM150,000  (B) Net Tangible Assets (“NTA”) Value per share = Shareholders’ Funds Issued share capital = RM181,950 RM200,000 = RM0.91 Value of shares transferred = RM0.91 x 150,000 = RM136,500  (C) Sale consideration RM75,000 A comparison between Par Value, “NTA” and sale consideration shows that the value of shares based on par value is the highest. The stamp duty payable is, therefore, calculated based on par value i.e. RM150,000. ...

Generally, an acquisition of property attracts stamp duty exposure and a disposal of property may attract real property gains tax (“ RPGT ”). Stamp duty is calculated on the market value of the property at the time of the acquisition whereas RPGT is calculated on the profit gained from the disposal of the property. In the case of a transfer of property between family members by way of love and affection, the law provides for a full or partial exemption of stamp duty and/or RPGT in certain instances. Stamp Duty The stamp duty payable for arm’s length acquisitions is calculated in the following manner: Consideration/ Adjudicated Value Stamp Duty rate First RM100,000 1% Subsequent RM400,000 2% Amount exceeding RM500,000 3% In contrast, pursuant to the Stamp Duty (Exemption) (No. 10) Order 2007, the law provides for stamp duty exemption for a transfer of property between family members by way of love and affection as follows: Transferor Transferee Exemption Rate Hus...