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 […]

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 […]

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’ […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]