TH’s Group MD announced that an SPV will take over its non-performing assets and rehabilitate them. It will issue RM10 billion sukuk and RM9.9 billion Islamic Redeemable Convertible Preference Shares […]
Month: December 2018
Lembaga Tabung Haji (2)
Today, the Minister in the PM’s Department confirmed that there is a RM4.1 billion shortfall in Tabung Haji. More worryingly, the problem is getting worse. A PwC audit also revealed […]
Lembaga Tabung Haji
The following is based on what has been reported but yet to be confirmed by Lembaga Tabung Haji. TH’s assets are short of RM4 billion compared to their liabilities (depositors’ […]
How do you analyse stocks?
There are two main types of analysis, namely fundamental analysis and technical analysis. The fundamental analysis assesses the intrinsic value of a stock by examining all factors which can affect […]
10-year bond issuance – ¥200bil
Our Prime Minister managed to secure the Japanese Government’s agreement to guarantee a 10-year bond issuance of up to ¥200bil. The guarantor will be JBIC and the indicative coupon rate […]
FundMyHome (5)
What developer would participate in a scheme where he may receive only 80% of the house price? Probably one who has unsold units. If it is an unsold unit (other […]
FundMyHome (4)
In (3), we concluded that HB will have to fork out more money to own the house if it appreciates. This is a bigger burden compared to a mortgage where […]
FundMyHome (3)
3. HB is responsible for all 3rd party charges (eg. valuer, FMH platform? legal, trustee –may needed if there’re multiple investors). These charges should be higher than a normal mortgage […]
FundMyHome (2)
Should a home buyer (HB) get onboard? 1. The HB pays 20% upfront and nothing else for 5 years. FMH says the HB can spend or invest the money which […]
FundMyHome
Should a home owner, investor and developer go for the scheme? As Tun said, the proof of the pudding is in the eating. Symphony has reviewed the scheme from publicly […]