Archive for March, 2007

Proud To Be Malaysian

Malaysia will mark a new milestone in motion pictures production when a new 3D animation, Saladin is released. I never expect a Malaysian made film can be this good. The first time I watched the trailer, I thought it was just another animation produced by Disney. I wish this film could pave its way to the United States so I could proudly say to my friends that it’s made by fellow Malaysians :D.

[youtube wbTZDlfVTTQ]

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PS3 UK Launch : Police Warn Retailers

PS3 UK launch

I found out this image from dailytech.com. It’s priceless.

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Islamic Mutual Fund list

This is a list of investments that are certified by Syariah. The list haven’t been updated for some time but I still believe it could be a good indication of what is being offered by Malaysian Banks. I don’t have the performance history for each fund but you might want to investigate yourself the fund of your interest.

Read the rest of this entry »

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Additional Units for ASW 2020 and ASM

Via http://mywealthplanner.wordpress.com

Was just informed by my dearest Lil Mom that PNB will be launching additional units for its two funds – the Amanah SahamWawasan 2020 and Amanah Saham Malaysia – on March 12. A total of 800 million units on ASM and 1 billion units on ASW 2020 will be added.

Don’t lose the opportunity to invest in one of the hottest, most wanted Unit trust in Malaysia.

Read more at http://mywealthplanner.wordpress.com

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Public Mutual gets SC nod to double funds size

Public Mutual Bhd has received the Securities Commission’s (SC) approval to double its Public Far East Balance Fund (PFEBF) to three billion units from 1.5 billion units and its Islamic fund Public Asia Ittikal Fund (PAIF) to five billion units from 2.5 billion units to meet the strong demand.

The mutual fund company in a statement said PFEBF’s initial offer of 1.5 billion units (RM375 million) was fully subscribed within the 21-day initial offer, which ended on Feb 12.
The increase in fund size for these funds will enable the company to meet the strong market demand,” chief executive officer Lam Kam Yin said in a statement on March 2.

Read more:

via:Shahibbul Anwar
My 2 cents:
With the recent downturn of several mutual fund, now is the best time to buy ones. If you are practicing regular saving (dolar cost averaging) for long term investing, you don’t need to do any guessing, just continue with your plan and forget about this bearish market.

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