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	<description>Personal Finance and Investment Blog</description>
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	<item>
		<title>ASB Unitholders Get Up to 7.00 sen Dividend &#038; Bonus for 2018</title>
		<link>https://1-million-dollar-blog.com/asb-unitholders-get-up-to-7-00-sen-dividend-bonus-for-2018/</link>
					<comments>https://1-million-dollar-blog.com/asb-unitholders-get-up-to-7-00-sen-dividend-bonus-for-2018/#respond</comments>
		
		<dc:creator><![CDATA[zianit]]></dc:creator>
		<pubDate>Fri, 21 Dec 2018 06:32:16 +0000</pubDate>
				<category><![CDATA[Amanah Saham Nasional]]></category>
		<category><![CDATA[ASB]]></category>
		<category><![CDATA[ASNB]]></category>
		<category><![CDATA[PNB]]></category>
		<guid isPermaLink="false">https://1-million-dollar-blog.com/?p=2412</guid>

					<description><![CDATA[<p>Amanah Saham Bumiputera (ASB) unitholders will receive a dividend of 6.50 sen and a bonus 0.50 sen per unit for the financial year ending 31st December 2018. This brings a total of 7.00 sen distribution income for year 2018. This dividend is 0.5 sen lower when compare to 7.00 sen declared in 2017 while the bonus is 0.25 [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://1-million-dollar-blog.com/asb-unitholders-get-up-to-7-00-sen-dividend-bonus-for-2018/">ASB Unitholders Get Up to 7.00 sen Dividend &#038; Bonus for 2018</a> appeared first on <a rel="nofollow" href="https://1-million-dollar-blog.com">1-million-dollar-blog</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" class="size-full wp-image-1024 alignleft" title="Amanah Saham Bumiputera" src="https://1-million-dollar-blog.com/images/amanah-saham-bumiputera.jpg" alt="ASB" width="117" height="109" /></p>
<p>Amanah Saham Bumiputera (ASB) unitholders will receive a dividend of 6.50 sen and a bonus 0.50 sen per unit for the financial year ending 31st December 2018. This brings a total of 7.00 sen distribution income for year 2018.</p>
<p>This dividend is 0.5 sen lower when compare to 7.00 sen declared in 2017 while the bonus is 0.25 sen higher. The total dividend and bonus is the lowest since the fund launched in 1990.</p>
<p>Kindly refer to &#8220;<a href="https://1-million-dollar-blog.com/dividends/amanah-saham-bumiputera/">Historical Amanah Saham Bumiputera (ASB) Dividend Rate</a>&#8221; page, for previous year dividend and bonus.</p>
<p><span id="more-2412"></span></p>
<p>This represents a total distribution payout of seven sen per unit with total estimated payout being RM10.7bil that will benefit 9.6 million unit holders who owned 155 billion units in ASB.</p>
<p>The post <a rel="nofollow" href="https://1-million-dollar-blog.com/asb-unitholders-get-up-to-7-00-sen-dividend-bonus-for-2018/">ASB Unitholders Get Up to 7.00 sen Dividend &#038; Bonus for 2018</a> appeared first on <a rel="nofollow" href="https://1-million-dollar-blog.com">1-million-dollar-blog</a>.</p>
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		<item>
		<title>ASW2020 Unitholders Get 6.0 sen Dividend for 2018</title>
		<link>https://1-million-dollar-blog.com/asw2020-unitholders-get-6-0-sen-dividend-for-2018/</link>
					<comments>https://1-million-dollar-blog.com/asw2020-unitholders-get-6-0-sen-dividend-for-2018/#respond</comments>
		
		<dc:creator><![CDATA[zianit]]></dc:creator>
		<pubDate>Tue, 28 Aug 2018 09:33:41 +0000</pubDate>
				<category><![CDATA[Amanah Saham Nasional]]></category>
		<category><![CDATA[ASNB]]></category>
		<category><![CDATA[ASW2020]]></category>
		<category><![CDATA[PNB]]></category>
		<guid isPermaLink="false">https://1-million-dollar-blog.com/?p=2404</guid>

					<description><![CDATA[<p>Amanah Saham Nasional Bhd (ASNB), announced a dividend of 6.0 sen per unit for the Amanah Saham Wawasan 2020 for the financial year ending 31st August, 2018. The dividend is the same figure declared 2017. Kindly refer to &#8220;Historical ASW2020 Dividend Rate&#8221; for previous year dividend since the fund launched. The dividend will involve a [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://1-million-dollar-blog.com/asw2020-unitholders-get-6-0-sen-dividend-for-2018/">ASW2020 Unitholders Get 6.0 sen Dividend for 2018</a> appeared first on <a rel="nofollow" href="https://1-million-dollar-blog.com">1-million-dollar-blog</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" class="size-full wp-image-1032 alignleft" title="Amanah Saham Wawasan 2020" src="https://1-million-dollar-blog.com/images/amanah-saham-wawasan-2020.jpg" alt="ASW2020" width="127" height="125" /></p>
<p>Amanah Saham Nasional Bhd (ASNB), announced a dividend of 6.0 sen per unit for the Amanah Saham Wawasan 2020 for the financial year ending 31st August, 2018.</p>
<p>The dividend is the same figure declared 2017. Kindly refer to &#8220;<a href="https://1-million-dollar-blog.com/dividends/amanah-saham-wawasan-2020/">Historical ASW2020 Dividend Rate</a>&#8221; for previous year dividend since the fund launched.</p>
<p>The dividend will involve a payout of RM1.18 billion which will benefit by more than 870,000 unit holders who own 19.6 billion units of ASW 2020.</p>
<p><span id="more-2404"></span>During the first 11 months, the fund net income is RM1.179bil. Profit from the sale of shares contributed RM718.76mil, or 51.4%, dividend income from investee companies to contribute RM468.50.8mil, or 33.5%, of the total gross income.</p>
<p>The remaining RM210.80 mil, or 15.1%, was derived from investments in sukuks/Islamic fixed deposits as well as interest income</p>
<p>The dividend payments will be automatically credited into the investment accounts of unitholders on 1st September. For investors who participated in the ASW 2020 through the Employees Provident Fund (EPF), the income will be credited directly into their EPF accounts through the Members&#8217; Investment Scheme.</p>
<p>To facilitate the payment, all transactions of the ASW 2020 will be suspended from 30th August until 1st September 2018.</p>
<p>The calculation of income distribution will be based on the average monthly minimum balance held throughout the financial year of ASW 2020.</p>
<p>Unit holders will be able to update their accounts at ASNB head office, ASNB branch offices or ASNB agents beginning 2nd September 2017.</p>
<p>ASW2020 is a fixed price fund where 51 per cent of the units are opened to Bumiputera investors and the remaining 49 per cent to non-Bumiputera investors.</p>
<p>The post <a rel="nofollow" href="https://1-million-dollar-blog.com/asw2020-unitholders-get-6-0-sen-dividend-for-2018/">ASW2020 Unitholders Get 6.0 sen Dividend for 2018</a> appeared first on <a rel="nofollow" href="https://1-million-dollar-blog.com">1-million-dollar-blog</a>.</p>
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		<item>
		<title>ASB2 Unitholders Get 7.75 sen Dividend for 2018</title>
		<link>https://1-million-dollar-blog.com/asb2-unitholders-get-7-75-sen-dividend-for-2018/</link>
					<comments>https://1-million-dollar-blog.com/asb2-unitholders-get-7-75-sen-dividend-for-2018/#respond</comments>
		
		<dc:creator><![CDATA[zianit]]></dc:creator>
		<pubDate>Thu, 29 Mar 2018 08:42:33 +0000</pubDate>
				<category><![CDATA[Amanah Saham Nasional]]></category>
		<category><![CDATA[ASB2]]></category>
		<category><![CDATA[ASNB]]></category>
		<category><![CDATA[PNB]]></category>
		<guid isPermaLink="false">https://1-million-dollar-blog.com/?p=2400</guid>

					<description><![CDATA[<p>Amanah Saham Bumiputera 2 (ASB2) unitholders will receive a dividend of 7.05 sen per unit for the financial year ending 31st March 2018. The dividend is higher than 7.5 sen dividend dividend paid in 2017. Kindly refer to &#8220;Historical Amanah Saham Bumiputera 2 (ASB2) Dividend Rate&#8221; page. The dividend will involve a payout of RM562.9 million, which [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://1-million-dollar-blog.com/asb2-unitholders-get-7-75-sen-dividend-for-2018/">ASB2 Unitholders Get 7.75 sen Dividend for 2018</a> appeared first on <a rel="nofollow" href="https://1-million-dollar-blog.com">1-million-dollar-blog</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" class="alignleft size-full wp-image-1974" src="https://1-million-dollar-blog.com/images/amanah-saham-bumiputera-2.png" alt="ASB2" width="118" height="108" />Amanah Saham Bumiputera 2 (ASB2) unitholders will receive a dividend of 7.05 sen per unit for the financial year ending 31st March 2018. The dividend is higher than 7.5 sen dividend dividend paid in 2017.</p>
<p>Kindly refer to &#8220;<a href="https://1-million-dollar-blog.com/dividends/amanah-saham-bumiputera-2/">Historical Amanah Saham Bumiputera 2 (ASB2) Dividend Rate</a>&#8221; page.</p>
<p>The dividend will involve a payout of RM562.9 million, which will benefit more than 348,000 unit holders who currently hold 9.4 billion units.</p>
<p><span id="more-2400"></span></p>
<p>The income distribution will be reinvested in additional units of ASB2 and be automatically credited into unitholders’ accounts on 2nd April 2018.</p>
<p>ASB2 transactions at all branches and agents nationwide will be suspended in between 23rd March to 31st March 2018 to facilitate the calculation of income distribution. Unitholders can update their investment books starting from 2nd April 2018.</p>
<p>The calculation of the income distribution is based on the average minimum balance held throughout the financial year of ASB2.</p>
<p>The post <a rel="nofollow" href="https://1-million-dollar-blog.com/asb2-unitholders-get-7-75-sen-dividend-for-2018/">ASB2 Unitholders Get 7.75 sen Dividend for 2018</a> appeared first on <a rel="nofollow" href="https://1-million-dollar-blog.com">1-million-dollar-blog</a>.</p>
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		<item>
		<title>ASM Unitholders Get 6.25 sen Dividend for 2018</title>
		<link>https://1-million-dollar-blog.com/asm-unitholders-get-6-25-sen-dividend-for-2018/</link>
					<comments>https://1-million-dollar-blog.com/asm-unitholders-get-6-25-sen-dividend-for-2018/#respond</comments>
		
		<dc:creator><![CDATA[zianit]]></dc:creator>
		<pubDate>Thu, 29 Mar 2018 08:37:58 +0000</pubDate>
				<category><![CDATA[1-million-dollar-blog]]></category>
		<category><![CDATA[ASM]]></category>
		<category><![CDATA[ASNB]]></category>
		<category><![CDATA[PNB]]></category>
		<guid isPermaLink="false">https://1-million-dollar-blog.com/?p=2399</guid>

					<description><![CDATA[<p>Amanah Saham Nasional Bhd (ASNB), announced a dividend of 6.25 sen per unit for the Amanah Saham Malaysia for the financial year ending 31st March, 2018 which is higher than 6 sen declared in 2018. Kindly refer to &#8220;Historical ASM Dividend Rate&#8221; for previous year dividend. The dividend will involve a payout of RM1.1 billion, [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://1-million-dollar-blog.com/asm-unitholders-get-6-25-sen-dividend-for-2018/">ASM Unitholders Get 6.25 sen Dividend for 2018</a> appeared first on <a rel="nofollow" href="https://1-million-dollar-blog.com">1-million-dollar-blog</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" loading="lazy" class="size-full wp-image-1027 alignleft" title="Amanah Saham Malaysia" src="https://1-million-dollar-blog.com/images/amanah-saham-malaysia.jpg" alt="ASM" width="128" height="123" /></p>
<p>Amanah Saham Nasional Bhd (ASNB), announced a dividend of 6.25 sen per unit for the Amanah Saham Malaysia for the financial year ending 31st March, 2018 which is higher than 6 sen declared in 2018.</p>
<p>Kindly refer to &#8220;<a href="https://1-million-dollar-blog.com/dividends/amanah-saham-malaysia/">Historical ASM Dividend Rate</a>&#8221; for previous year dividend.</p>
<p>The dividend will involve a payout of RM1.1 billion, which will benefit more than 540,000 unit holders who currently hold 18.4 billion units.</p>
<p><span id="more-2399"></span></p>
<p>The income distribution will be reinvested in additional units of ASM and be automatically credited into unitholders’ accounts on 2nd April 2018.</p>
<p>ASM transactions at all branches and agents nationwide will be suspended in between 23rd March to 31st March 2018 to facilitate the calculation of income distribution. Unitholders can update their investment books starting from 2nd April 2018.</p>
<p>The calculation of the income distribution is based on the average minimum balance held throughout the financial year of ASM.</p>
<p>The post <a rel="nofollow" href="https://1-million-dollar-blog.com/asm-unitholders-get-6-25-sen-dividend-for-2018/">ASM Unitholders Get 6.25 sen Dividend for 2018</a> appeared first on <a rel="nofollow" href="https://1-million-dollar-blog.com">1-million-dollar-blog</a>.</p>
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		<item>
		<title>GDB Holdings Berhad IPO</title>
		<link>https://1-million-dollar-blog.com/gdb-holdings-berhad-ipo/</link>
					<comments>https://1-million-dollar-blog.com/gdb-holdings-berhad-ipo/#respond</comments>
		
		<dc:creator><![CDATA[zianit]]></dc:creator>
		<pubDate>Tue, 06 Mar 2018 02:16:24 +0000</pubDate>
				<category><![CDATA[Initial Public Offering]]></category>
		<category><![CDATA[ACE Market]]></category>
		<category><![CDATA[IPO]]></category>
		<guid isPermaLink="false">https://1-million-dollar-blog.com/?p=2395</guid>

					<description><![CDATA[<p>GDB Holdings Berhad, a construction service firm is scheduled to be listed in ACE Market of Bursa Malaysia on the 27th March 2018. The Initial Public Offering (IPO) consists of 125 million new ordinary shares and offer for sale of 37.5 millions existing shares at an IPO price of RM0.35 per share. 135 million shares will be for [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://1-million-dollar-blog.com/gdb-holdings-berhad-ipo/">GDB Holdings Berhad IPO</a> appeared first on <a rel="nofollow" href="https://1-million-dollar-blog.com">1-million-dollar-blog</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" loading="lazy" class="alignleft size-full wp-image-2396" src="https://1-million-dollar-blog.com/images/gdb-holdings.jpg" alt="" width="200" height="159" />GDB Holdings Berhad, a construction service firm is scheduled to be listed in ACE Market of Bursa Malaysia on the 27th March 2018.</p>
<p>The Initial Public Offering (IPO) consists of 125 million new ordinary shares and offer for sale of 37.5 millions existing shares at an IPO price of RM0.35 per share. 135 million shares will be for institutional investors, private placement &amp; selected investors, 12.5 million shares made available for Malaysia Public and 15 million shares made available to the eligible directors and employees.</p>
<p><span id="more-2395"></span>The IPO will raise about RM43.75 million in proceeds. Out of this, RM16.67 million is for capital enpenditure, RM15.58 million will be use for working capital, RM3.5 millions for working capital and the remaining RM3.5 million is for listing expenses.</p>
<p>GDB, principally involved in the construction of high-rise residential, commercial and mixed development project.</p>
<p>On the capital enpenditure, the company plan to purchase new machinery and equipment, which will enhance their capacity to take on more projects simultaneously, and achieve better time management in the projects.</p>
<p>The listing also aimed to elevate GDB’s profile, expand its current capacity and also to extend services into other building segments such as hospitals, schools, universities, hotels, convention centres, shopping malls and civil and infrastructure construction services, such as roads and bridges.</p>
<p>Towards this objective, the company is registered as a Grade G7 contractor with the Construction Industry Development Board of Malaysia, allowing it to tender for projects with unlimited value.  GDB projects which were completed ahead of time include One Central Park in Desa ParkCity as well as several sections under Parcel B of KL Eco City.</p>
<p>As at February 2018, GDB’s order book stood at RM855mil comprising projects such as Westside IlI in Desa ParkCity, Etiqa Office Tower along Jalan Bangsar, AIRA Residence in Damansara Heights and Menara Hap Seng 3 within the Kuala Lumpur city centre.</p>
<p>More information regarding the company can be found in <a href="http://www.gdbsb.com/" target="_blank" rel="nofollow noopener">GDB Holdings Berhad webpage.</a></p>
<p>GDB Holdings intends to distribute up to 30 percent of the groups Profit After tax as dividend. Base on year 2016 figures and IPO price of RM0.35, this constitute dividend yield of 2.21 percent or 0.77 sen per share.</p>
<p>The table below is the financial summary of GDB Holdings.</p>
<table id="t2" align="center">
<tbody>
<tr>
<th width="159"></th>
<th width="68">FYE 2014</th>
<th width="68">FYE 2015</th>
<th width="68">FYE 2016</th>
<th width="68">FPE 2016</th>
<th width="68">FPE 2017</th>
</tr>
<tr>
<td>Revenue (RM&#8217;000)</td>
<td> 86,628</td>
<td> 169,539</td>
<td> 276,906</td>
<td> 240,566</td>
<td> 240,665</td>
</tr>
<tr>
<td>Profit after Tax (RM&#8217;000)</td>
<td> 3,277</td>
<td> 7,177</td>
<td> 16,092</td>
<td> 14,771</td>
<td> 20,047</td>
</tr>
<tr>
<td>Earnings per Share (sen)*</td>
<td> 0.52</td>
<td> 1.15</td>
<td> 2.57</td>
<td> &#8211;</td>
<td>&#8211;</td>
</tr>
<tr>
<td>Price Earnings Ratio (x)*</td>
<td> 66.75</td>
<td>30.48</td>
<td> 13.59</td>
<td> &#8211;</td>
<td>&#8211;</td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<p><center><em>* Based on number of shares post IPO</em></center>Alliance Investment Bank is the principal adviser, sponsor, sole underwriter and placement agent of the IPO.</p>
<p>On the Moratorium on shares, the promoters of GDB Holdings IPO will not be able to sell, transfer or assign their entire shareholdings for a period of 6 monts from the date of listing. For the subsequent 6 months, the promoters must hold at least 45 percent of shares of the total number of shares issued. After that, the promoter may sell, transfer or assign up to maximum of 1/3 per annum of those shares held under moratorium.</p>
<p>For those who are interested in GDB Holdings IPO, you may subscribe at ATM machines or via <a href="https://1-million-dollar-blog.com/how-to-apply-for-ipo-via-internet-banking/">Internet Banking</a>.</p>
<p>The retail subscription period is opened until 12th March 2018 at 5pm. Tentative balloting date is on 14th March while the allotment date is on 26th March 2018. GDB Holdings stock name in Bursa Malaysia is “GDB”.</p>
<p>View GDB Holdings <a href="http://www.bursamalaysia.com/market/listed-companies/company-announcements/5712805" target="_blank" rel="nofollow noopener">prospectus</a> in Bursa Malaysia webpage.</p>
<p><em><strong>What do you think about GDB Holdings IPO? Are you going to subscribe?</strong></em></p>
<p>The post <a rel="nofollow" href="https://1-million-dollar-blog.com/gdb-holdings-berhad-ipo/">GDB Holdings Berhad IPO</a> appeared first on <a rel="nofollow" href="https://1-million-dollar-blog.com">1-million-dollar-blog</a>.</p>
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		<title>Wegmans Holdings Berhad IPO</title>
		<link>https://1-million-dollar-blog.com/wegmans-holdings-berhad-ipo/</link>
					<comments>https://1-million-dollar-blog.com/wegmans-holdings-berhad-ipo/#respond</comments>
		
		<dc:creator><![CDATA[zianit]]></dc:creator>
		<pubDate>Tue, 20 Feb 2018 03:08:28 +0000</pubDate>
				<category><![CDATA[Initial Public Offering]]></category>
		<category><![CDATA[ACE Market]]></category>
		<category><![CDATA[IPO]]></category>
		<guid isPermaLink="false">https://1-million-dollar-blog.com/?p=2392</guid>

					<description><![CDATA[<p>Wegmans Holdings Berhad, a company involved in optical inspection and automated handling equipment is scheduled to be listed in ACE Market of Bursa Malaysia on the 6th March 2018. The Initial Public Offering (IPO) consists of 100 million new ordinary shares and 50 millions offer for sale of existing shares at an IPO price of RM0.29 per [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://1-million-dollar-blog.com/wegmans-holdings-berhad-ipo/">Wegmans Holdings Berhad IPO</a> appeared first on <a rel="nofollow" href="https://1-million-dollar-blog.com">1-million-dollar-blog</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" loading="lazy" class="alignleft size-full wp-image-2393" src="https://1-million-dollar-blog.com/images/wegmans-holdings.png" alt="" width="200" height="131" />Wegmans Holdings Berhad, a company involved in optical inspection and automated handling equipment is scheduled to be listed in ACE Market of Bursa Malaysia on the 6th March 2018.</p>
<p>The Initial Public Offering (IPO) consists of 100 million new ordinary shares and 50 millions offer for sale of existing shares at an IPO price of RM0.29 per share. 110 million shares will be for institutional investors, private placement &amp; selected investors, 25 million shares made available for Malaysia Public and 15 million shares made available to the eligible directors and employees.</p>
<p><span id="more-2392"></span>The IPO will raise about RM29 million in proceeds. Out of this, RM11 million is for construction of new factories, RM11 million will be use for purchase of new machineries and equipment, RM3.5 millions for working capital and the remaining RM3.5 million is for listing expenses.</p>
<p>Wegmans is involved in the design, manufacture and sale of home furniture products using a variety of solid wood and composite wood materials. Its customers are mainly wholesalers, retailers, chain stores and traders. It owns one manufacturing factory and rents another in Muar.</p>
<p>Most of its home furniture products are exported, and more than 90% of its revenue is from exports.</p>
<p>Currently, it is present in 75 countries, which include, Japan, US, Australia, Singapore, Korea, Canada, UK and other European countries.</p>
<p>Wegmans plans to increase its production capacity, further expand and diversify its customer base and increase its product range and develop new product designs.</p>
<p>More information regarding the company can be found in <a href="http://www.wegmans.com.my" target="_blank" rel="nofollow noopener">Wegmans Holdings Berhad webpage.</a></p>
<p>For the time being, Wegmans Holdings does not have any fixed dividend policy.</p>
<p>The table below is the financial summary of Wegmans Holdings.</p>
<table id="t2" align="center">
<tbody>
<tr>
<th width="159"></th>
<th width="68">FYE 2014</th>
<th width="68">FYE 2015</th>
<th width="68">FYE 2016</th>
<th width="68">FPE 2016</th>
<th width="68">FPE 2017</th>
</tr>
<tr>
<td>Revenue (RM&#8217;000)</td>
<td> 39,416</td>
<td> 66,216</td>
<td> 85,636</td>
<td> 64,111</td>
<td> 63,372</td>
</tr>
<tr>
<td>Profit after Tax (RM&#8217;000)</td>
<td> 2,982</td>
<td> 12,951</td>
<td> 15,301</td>
<td> 11,487</td>
<td> 11,556</td>
</tr>
<tr>
<td>Earnings per Share (sen)*</td>
<td> 0.60</td>
<td> 2.59</td>
<td> 3.06</td>
<td> &#8211;</td>
<td>&#8211;</td>
</tr>
<tr>
<td>Price Earnings Ratio (x)*</td>
<td> 48.63</td>
<td>11.20</td>
<td> 9.48</td>
<td> &#8211;</td>
<td>&#8211;</td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<p><center><em>* Based on number of shares post IPO</em></center>RHB Investment Bank is the principal adviser, sponsor, underwriter and placement agent of the IPO.</p>
<p>On the Moratorium on shares, the promoters of Wegmans Holdings IPO will not be able to sell, transfer or assign their entire shareholdings for a period of 6 monts from the date of listing. For the subsequent 6 months, the promoters must hold at least 45 percent of shares of the total number of shares issued. After that, the promoter may sell, transfer or assign up to maximum of 1/3 per annum of those shares held under moratorium.</p>
<p>For those who are interested in Wegmans Holdings IPO, you may subscribe at ATM machines or via <a href="https://1-million-dollar-blog.com/how-to-apply-for-ipo-via-internet-banking/">Internet Banking</a>.</p>
<p>The retail subscription period is opened until 22nd February 2018 at 5pm. Tentative balloting date is on 26th February while the allotment date is on 2nd March 2018. Wegmans Holdings stock name in Bursa Malaysia is “WEGMANS”.</p>
<p>View Wegmans Holdings <a href="http://www.bursamalaysia.com/market/listed-companies/company-announcements/5686885" target="_blank" rel="nofollow noopener">prospectus</a> in Bursa Malaysia webpage.</p>
<p><em><strong>What do you think about Wegmans Holdings IPO? Are you going to subscribe?</strong></em></p>
<p>The post <a rel="nofollow" href="https://1-million-dollar-blog.com/wegmans-holdings-berhad-ipo/">Wegmans Holdings Berhad IPO</a> appeared first on <a rel="nofollow" href="https://1-million-dollar-blog.com">1-million-dollar-blog</a>.</p>
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		<title>QES Group Berhad IPO</title>
		<link>https://1-million-dollar-blog.com/qes-group-berhad-ipo/</link>
					<comments>https://1-million-dollar-blog.com/qes-group-berhad-ipo/#respond</comments>
		
		<dc:creator><![CDATA[zianit]]></dc:creator>
		<pubDate>Mon, 19 Feb 2018 03:10:36 +0000</pubDate>
				<category><![CDATA[Initial Public Offering]]></category>
		<category><![CDATA[ACE Market]]></category>
		<category><![CDATA[IPO]]></category>
		<guid isPermaLink="false">https://1-million-dollar-blog.com/?p=2388</guid>

					<description><![CDATA[<p>QES Group Berhad, a company involved in optical inspection and automated handling equipment is scheduled to be listed in ACE Market of Bursa Malaysia on the 8th March 2018. The Initial Public Offering (IPO) consists of 151.66 million new ordinary shares and 75.83 millions offer for sale of existing shares at an IPO price of RM0.19 per [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://1-million-dollar-blog.com/qes-group-berhad-ipo/">QES Group Berhad IPO</a> appeared first on <a rel="nofollow" href="https://1-million-dollar-blog.com">1-million-dollar-blog</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" loading="lazy" class="alignleft size-full wp-image-2389" src="https://1-million-dollar-blog.com/images/qes-group.png" alt="" width="200" height="109" />QES Group Berhad, a company involved in optical inspection and automated handling equipment is scheduled to be listed in ACE Market of Bursa Malaysia on the 8th March 2018.</p>
<p>The Initial Public Offering (IPO) consists of 151.66 million new ordinary shares and 75.83 millions offer for sale of existing shares at an IPO price of RM0.19 per share. 180.31 million shares will be for institutional investors, private placement &amp; selected investors, 37.92 million shares made available for Malaysia Public and 9.27 million shares made available to the eligible directors and employees.</p>
<p><span id="more-2388"></span>The IPO will raise about RM28.816 million in proceeds. Out of this, RM4.85 million is for product development, RM3.25 million will be use for general working capital, RM7 millions for repayment of bank borrowing, RM10.72 millions for capital expenditure, and the remaining RM3 million is for listing expenses.</p>
<p>Since QES was set up 26 years ago, QES is principally involved in the distribution of inspection, test and measurement equipment, materials and engineering solutions. It also manufactures optical inspection equipment and automated handling equipment.</p>
<p>The IPO proceeds would allow the group to develop three key products under its manufacturing division, expand its recurring income segment, diversify its market and product line-up in the distribution division.</p>
<p>QES said the development of three key products namely FAVIS (Fully Automated Vision Inspection System), AWPS (Automatic Wafer Packing System) and AWID (Automatic Wafer ID) will form the pillars of growth for the company’s manufacturing division and increase revenue for the group.</p>
<p>It said the FAVIS, AWPS and AWID are expected to be fully developed and ready for commercial sale within the next 12 to 24 months after the group’s listing.</p>
<p>These new products will be source of revenue growth while enabling their customers to automate their inspection and handling processes</p>
<p>More information regarding the company can be found in <a href="http://www.qesnet.com/" target="_blank" rel="nofollow noopener">QES Group Berhad webpage.</a></p>
<p>For the time being, QES Group does not have any fixed dividend policy.</p>
<p>The table below is the financial summary of QES Group.</p>
<table id="t2" align="center">
<tbody>
<tr>
<th width="159"></th>
<th width="68">FYE 2014</th>
<th width="68">FYE 2015</th>
<th width="68">FYE 2016</th>
<th width="68">FPE 2016</th>
<th width="68">FPE 2017</th>
</tr>
<tr>
<td>Revenue (RM&#8217;000)</td>
<td> 105,381</td>
<td> 128,000</td>
<td> 137,285</td>
<td> 94,497</td>
<td> 139,634</td>
</tr>
<tr>
<td>Profit after Tax (RM&#8217;000)</td>
<td> 5,229</td>
<td> 7,095</td>
<td> 9,460</td>
<td> 6,401</td>
<td> 11,854</td>
</tr>
<tr>
<td>Earnings per Share (sen)*</td>
<td> 0.69</td>
<td> 0.94</td>
<td> 1.25</td>
<td> &#8211;</td>
<td>&#8211;</td>
</tr>
<tr>
<td>Price Earnings Ratio (x)*</td>
<td> 27.55</td>
<td>20.31</td>
<td> 15.23</td>
<td> &#8211;</td>
<td>&#8211;</td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<p><center><em>* Based on number of shares post IPO</em></center>M&amp;A Securities is the adviser, sponsor, underwriter and placement agent of the IPO.</p>
<p>On the Moratorium on shares, the promoters of QES Group IPO will not be able to sell, transfer or assign their entire shareholdings for a period of 6 monts from the date of listing. For the subsequent 6 months, the promoters must hold at least 45 percent of shares of the total number of shares issued. After that, the promoter may sell, transfer or assign up to maximum of 1/3 per annum of those shares held under moratorium.</p>
<p>For those who are interested in QES Group IPO, you may subscribe at ATM machines or via <a href="https://1-million-dollar-blog.com/how-to-apply-for-ipo-via-internet-banking/">Internet Banking</a>.</p>
<p>The retail subscription period is opened until 23rd February 2018 at 5pm. Tentative balloting date is on 27th February while the allotment date is on 5th March 2018. QES Group stock name in Bursa Malaysia is “QES”.</p>
<p>View QES Group <a href="http://www.bursamalaysia.com/market/listed-companies/company-announcements/5686885" target="_blank" rel="nofollow noopener">prospectus</a> in Bursa Malaysia webpage.</p>
<p><em><strong>What do you think about QES Group IPO? Are you going to subscribe?</strong></em></p>
<p>The post <a rel="nofollow" href="https://1-million-dollar-blog.com/qes-group-berhad-ipo/">QES Group Berhad IPO</a> appeared first on <a rel="nofollow" href="https://1-million-dollar-blog.com">1-million-dollar-blog</a>.</p>
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		<title>EPF Announced 6.9% and 6.4% Dividend for 2017</title>
		<link>https://1-million-dollar-blog.com/epf-announced-6-9-6-4-dividend-2017/</link>
					<comments>https://1-million-dollar-blog.com/epf-announced-6-9-6-4-dividend-2017/#respond</comments>
		
		<dc:creator><![CDATA[zianit]]></dc:creator>
		<pubDate>Sat, 10 Feb 2018 13:08:56 +0000</pubDate>
				<category><![CDATA[Employees Provident Fund]]></category>
		<category><![CDATA[Dividend]]></category>
		<category><![CDATA[EPF (KWSP)]]></category>
		<guid isPermaLink="false">https://1-million-dollar-blog.com/?p=2386</guid>

					<description><![CDATA[<p>The Employees Provident Fund (EPF) announced dividend rate of 6.90 percent conventional savings and 6.4% for shariah savings for the financial year ended 31st December 2017. The dividend are 1.20 percent higher and 0.7 percent higher for conventional and shariah saving respectively than the 5.70 percent dividend announced in 2016. Kindly refer to &#8220;Historical Employees [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://1-million-dollar-blog.com/epf-announced-6-9-6-4-dividend-2017/">EPF Announced 6.9% and 6.4% Dividend for 2017</a> appeared first on <a rel="nofollow" href="https://1-million-dollar-blog.com">1-million-dollar-blog</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" loading="lazy" class="size-full wp-image-1035 alignleft" title="Employees Provident Fund" src="https://1-million-dollar-blog.com/images/employees-provident-fund.jpg" alt="EPF" width="208" height="94" /></p>
<p>The Employees Provident Fund (EPF) announced dividend rate of 6.90 percent conventional savings and 6.4% for shariah savings for the financial year ended 31st December 2017. The dividend are 1.20 percent higher and 0.7 percent higher for conventional and shariah saving respectively than the 5.70 percent dividend announced in 2016.</p>
<p>Kindly refer to &#8220;<a href="https://1-million-dollar-blog.com/dividends/employees-provident-funds/" target="_blank" rel="noopener">Historical Employees Provident Funds (EPF / KWSP) Dividend Rate</a>&#8221; page for EPF dividend rate table &amp; chart since 1952. You may want to calculate the dividend received by using <a href="https://1-million-dollar-blog.com/calculators/epf-dividend-calculator/">EPF Dividend Calculator</a>.</p>
<p>The total dividend payout stand at RM44.15 billion and RM3.98 billion for conventional and shariah saving respectively.  for conventional and shariah saving respectively</p>
<p>For the conventional saving, the 6.9% dividend was the highest rate announced since 1997.</p>
<p><span id="more-2386"></span></p>
<p>The remaining are used for investment expenses, operating expenditures, statutory charges and net impairment allowance on financial assets. The income is an increase of 5.25 per cent compared with the RM44.23 billion recorded in 2015.</p>
<p>Gross investment income for 2017 was RM53.14bil, the highest since the EPF&#8217;s establishment in 1951. Of the amount, a total of RM4.60bil was attributed to shariah saving, proportionate to its share of total shariah assets while RM48.54bil was attributed to conventional saving.</p>
<p>The post <a rel="nofollow" href="https://1-million-dollar-blog.com/epf-announced-6-9-6-4-dividend-2017/">EPF Announced 6.9% and 6.4% Dividend for 2017</a> appeared first on <a rel="nofollow" href="https://1-million-dollar-blog.com">1-million-dollar-blog</a>.</p>
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		<title>ASB Unitholders Get Up to 8.25 sen Dividend &#038; Bonus for 2017</title>
		<link>https://1-million-dollar-blog.com/asb-unitholders-get-8-25-sen-dividend-bonus-2017/</link>
					<comments>https://1-million-dollar-blog.com/asb-unitholders-get-8-25-sen-dividend-bonus-2017/#respond</comments>
		
		<dc:creator><![CDATA[zianit]]></dc:creator>
		<pubDate>Fri, 22 Dec 2017 14:11:30 +0000</pubDate>
				<category><![CDATA[Amanah Saham Nasional]]></category>
		<category><![CDATA[ASB]]></category>
		<category><![CDATA[ASNB]]></category>
		<category><![CDATA[PNB]]></category>
		<guid isPermaLink="false">https://1-million-dollar-blog.com/?p=2381</guid>

					<description><![CDATA[<p>Amanah Saham Bumiputera (ASB) unitholders will receive a dividend of 7.0 sen, bonus 0.25 sen and PNB&#8217;s 40th Anniversary Special Bonus of 1.0 sen per unit for the financial year ending 31st December 2017. The special bonus is only for balances of up to 10,000 units. This brings a total of 8.25 sen distribution income for year 2017 [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://1-million-dollar-blog.com/asb-unitholders-get-8-25-sen-dividend-bonus-2017/">ASB Unitholders Get Up to 8.25 sen Dividend &#038; Bonus for 2017</a> appeared first on <a rel="nofollow" href="https://1-million-dollar-blog.com">1-million-dollar-blog</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" loading="lazy" class="size-full wp-image-1024 alignleft" title="Amanah Saham Bumiputera" src="https://1-million-dollar-blog.com/images/amanah-saham-bumiputera.jpg" alt="ASB" width="117" height="109" /></p>
<p>Amanah Saham Bumiputera (ASB) unitholders will receive a dividend of 7.0 sen, bonus 0.25 sen and PNB&#8217;s 40th Anniversary Special Bonus of 1.0 sen per unit for the financial year ending 31st December 2017. The special bonus is only for balances of up to 10,000 units. This brings a total of 8.25 sen distribution income for year 2017 for those who hold 10,000 units and below.</p>
<p>Without the Special Bonus, the dividend is similar to the figure declared in 2016.</p>
<p>Kindly refer to &#8220;<a href="https://1-million-dollar-blog.com/dividends/amanah-saham-bumiputera/">Historical Amanah Saham Bumiputera (ASB) Dividend Rate</a>&#8221; page, for previous year dividend and bonus.</p>
<p><span id="more-2381"></span></p>
<p>The dividend will involve a total payout of RM10.7 billion and which benefit 9.1 million unit holders which currently hold a total of 145.6 billion units of ASB.</p>
<p>The majority of unit holders, numbering some 7.5 million with balances up to 10,000 units will get an effective return of 8.25 sen. 0.8 million unit holders who own between 10,001 and 40,000 units will receive at least 7.50 sen whilst the remaining 0.7 million unit holders will receive at least 7.26 sen.</p>
<p>The calculation of income distribution is based on the average monthly minimum balance held throughout the financial year of ASB ending 31 December 2017. The calculation of the bonus on the other hand is based on the average monthly minimum balance held by the unit holders in the past ten years.</p>
<p>The income distribution and bonus would be automatically credited into the respective unitholder&#8217;s account on 1st January 2018.</p>
<p>All ASB transactions will be suspended starting from 20th December 2015 to 1st January 2018 to facilitate the calculation of income distribution and bonus.</p>
<p>The post <a rel="nofollow" href="https://1-million-dollar-blog.com/asb-unitholders-get-8-25-sen-dividend-bonus-2017/">ASB Unitholders Get Up to 8.25 sen Dividend &#038; Bonus for 2017</a> appeared first on <a rel="nofollow" href="https://1-million-dollar-blog.com">1-million-dollar-blog</a>.</p>
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		<title>Binasat Communications Berhad IPO</title>
		<link>https://1-million-dollar-blog.com/binasat-communications-berhad-ipo/</link>
					<comments>https://1-million-dollar-blog.com/binasat-communications-berhad-ipo/#respond</comments>
		
		<dc:creator><![CDATA[zianit]]></dc:creator>
		<pubDate>Mon, 18 Dec 2017 03:03:15 +0000</pubDate>
				<category><![CDATA[Initial Public Offering]]></category>
		<category><![CDATA[ACE Market]]></category>
		<category><![CDATA[IPO]]></category>
		<guid isPermaLink="false">https://1-million-dollar-blog.com/?p=2379</guid>

					<description><![CDATA[<p>Binasat Communications Berhad, a Telco services provider is scheduled to be listed in ACE Market of Bursa Malaysia on the 8th January 2018. The Initial Public Offering (IPO) consists of 86 million new ordinary shares and 40 millions offer for sale of existing shares at an IPO price of RM0.46 per share. 100 million shares will be [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://1-million-dollar-blog.com/binasat-communications-berhad-ipo/">Binasat Communications Berhad IPO</a> appeared first on <a rel="nofollow" href="https://1-million-dollar-blog.com">1-million-dollar-blog</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img decoding="async" loading="lazy" class="alignleft size-full wp-image-2380" src="https://1-million-dollar-blog.com/images/binasat-communications.png" alt="" width="200" height="200" />Binasat Communications Berhad, a Telco services provider is scheduled to be listed in ACE Market of Bursa Malaysia on the 8th January 2018.</p>
<p>The Initial Public Offering (IPO) consists of 86 million new ordinary shares and 40 millions offer for sale of existing shares at an IPO price of RM0.46 per share. 100 million shares will be for institutional investors, private placement &amp; selected investors, 13 million shares made available for Malaysia Public and 13 million shares made available to the eligible directors, employees and persons who have contributed to the success of the group.</p>
<p><span id="more-2379"></span>The IPO will raise about RM39.55 million in proceeds. Out of this, RM14.36 million is for setting up a teleport, RM4.9 million will be use for enhancing operation and maintenance services capability, RM4.8 millions for enhancing fibre optic installation and commissioning service capability, RM1.5 millions for business expansion in Vietnam, Myanmar &amp; Laos, RM10.79 millions for working capital and the remaining RM3.2 million is for listing expenses.</p>
<p>Currently, the company has a workforce of 283. The bulk of its revenue from two major customers, Maxis Broadband Sdn Bhd and Huawei Technologies Malaysia Sdn Bhd.</p>
<p>For the financial year ended June 30, 2016 (FY2016), Binasat’s net profit grew 51.55% to RM7.17 million from RM4.73 million a year earlier, while revenue increased 17.75% to RM46.43 million from RM39.44 million.</p>
<p>The satellite business currently accounts for 50% of Binasat&#8217;s total revenue, followed by mobile support services (32%) and fibre optic telecommunications networks (18%).</p>
<p>Independent market research firm Vital Factor Consulting Firm has estimated that Binasat&#8217;s market share in the maintenance of satellite ground stations at petrol stations in Malaysia was at 58%.</p>
<p>More information regarding the company can be found in <a href="http://binasat.com.my" target="_blank" rel="nofollow noopener">Binasat Communications Berhad webpage.</a></p>
<p>For the time being, Binasat Communications does not have any fixed dividend policy but the company paid dividend previously which is about 55% of Profit After tax in FYE 2016 and 20% of Profit After tax in FYE 2017.</p>
<p>The table below is the financial summary of Binasat Communications.</p>
<table id="t2" align="center">
<tbody>
<tr>
<th width="159"></th>
<th width="68">FYE 2014</th>
<th width="68">FYE 2015</th>
<th width="68">FYE 2016</th>
<th width="68">FYE 2017</th>
</tr>
<tr>
<td>Revenue (RM&#8217;000)</td>
<td> 31,819</td>
<td> 39,435</td>
<td> 46,434</td>
<td> 54,519</td>
</tr>
<tr>
<td>Profit after Tax (RM&#8217;000)</td>
<td> 3,368</td>
<td> 4,729</td>
<td> 7,167</td>
<td> 10,023</td>
</tr>
<tr>
<td>Earnings per Share (sen)*</td>
<td> 1.30</td>
<td> 1.82</td>
<td> 2.76</td>
<td>3.86</td>
</tr>
<tr>
<td>Price Earnings Ratio (x)*</td>
<td> 35.51</td>
<td>25.29</td>
<td> 16.69</td>
<td>11.93</td>
</tr>
</tbody>
</table>
<p><center><em>* Based on number of shares post IPO</em></center>Kenanga Investment Bank is the principal adviser, sponsor, underwriter and placement agent of the IPO.</p>
<p>On the Moratorium on shares, the promoters of Binasat Communications IPO will not be able to sell, transfer or assign their entire shareholdings for a period of 6 monts from the date of listing. For the subsequent 6 months, the promoters must hold at least 45 percent of shares of the total number of shares issued.</p>
<p>For those who are interested in Binasat Communications IPO, you may subscribe at ATM machines or via <a href="https://1-million-dollar-blog.com/how-to-apply-for-ipo-via-internet-banking/">Internet Banking</a>.</p>
<p>The retail subscription period is opened until 26th December 2017 at 5pm. Tentative balloting date is on 28th December while the allotment date is on 4th January 2018. Binasat Communications stock name in Bursa Malaysia is “BINACOM”.</p>
<p>View Binasat Communications <a href="http://www.bursamalaysia.com/market/listed-companies/company-announcements/5635793" target="_blank" rel="nofollow noopener">prospectus</a> in Bursa Malaysia webpage.</p>
<p><em><strong>What do you think about Binasat Communications IPO? Are you going to subscribe?</strong></em></p>
<p>The post <a rel="nofollow" href="https://1-million-dollar-blog.com/binasat-communications-berhad-ipo/">Binasat Communications Berhad IPO</a> appeared first on <a rel="nofollow" href="https://1-million-dollar-blog.com">1-million-dollar-blog</a>.</p>
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