Saturday, August 25, 2012

KWSP/ EPF Top 30 Equity Investments for Q2 2012

Below are the Top 30 Equity Investments in companies listed on Bursa Malaysia as of 30th June 2012.
No.Stocks% Holdings
1Msian Building SocietyBhd64.64
2RHB Capital Bhd45.34
3Msian Resources Corp Bhd42.20
4Media Prima Bhd18.68
5Shell Refining Co. Bhd17.03
6IJM Corporation Bhd16.71
7WCT Bhd16.44
8Dialog Bhd16.41
10Genting Plantations Bhd14.50
11KPJ Healthcare Bhd14.15
12Kuala Lumpur Kepong Bhd13.99
13Tenaga Nasional Bhd13.79
14IJM Plantation Bhd13.76
15United Plantations Bhd13.47
16Star Publications Bhd13.09
17Petronas Chemical Group Bhd12.96
18Alliance Financial Group Bhd12.71
19Public Bank Bhd12.71
20Telekom (M) Bhd12.43
21AMMB Holdings Bhd12.63
22Sapura Kencana Petroleum Bhd12.57
23Petronas Gas Bhd12.55
24Axis Reit Managers12.49
25CIMB Group Holdings Bhd12.43
26Malayan Banking Bhd12.36
27MBM Resources Bhd12.24
28UMW Holdings Bhd12.17
29Sime Darby Bhd12.00
30IOI Corporation Bhd11.71

Source: KWSP Malaysia

Saturday, August 18, 2012

Upper-income group don’t feel wealthy because of high cost of living

PETALING JAYA: There may be more millionaires in Malaysia now than before but they may not necessarily be feeling rich.
Besides the rising number of successful business owners, many high-salaried people are already millionaires based on the value of their assets and properties.
RAM Holdings Bhd group chief economist Dr Yeah Kim Leng said the term could also apply to those in the middle-class who could have earned the amount but had spent it on necessities such as on costly children's education and high property prices.
He said although a millionaire was measured by his or her disposable income, those who have made their million would not have the same purchasing power compared to a decade ago, citing inflation as the main reason.
Dr Yeah said many in business had made their millions as a result of savvy investments and the growth of the industries that they were involved in, adding that overall, the rising affluence was due to sustained economic growth.

“We have seen a strong growth in certain sectors, including plantation, oil and gas and property, which have elevated entrepreneurs into the millionaire class,” he said.
Billionaires, however, remain rare. Malaysia now has 30 billionaires, just three more from the 27 on the list last year.
The Wall Street Journal (WSJ) reported last year that Malaysia's millionaires almost doubled over the previous 18 months.
Citing a report by international financial firm Credit Suisse Group, it said Malaysia added 19,000 new millionaires since early 2010, bringing the total to 39,000 as of October.
The WSJ report attributed the rise to the weakening US dollar and careful spending.
Dr Yeah said those who invested their money wisely had benefited the most.
“In a free market and capitalist economy like Malaysia, people who have capital can generate millions,” he said, noting that many in the upper-income bracket had accumulated wealth past the million-ringgit mark.
Personal financial consultant Carol Yip said the rising cost of living had lessened the feeling of being rich.
“Today, even a small apartment can cost half a million,” she said.
She said careful spending was not a factor for the increase in the numbers of millionaires.
“If we are spending less, we won't be seeing so many luxury cars on the road,” she said.
She said the rise in millionaires was also due to property prices which have shot up exponentially, adding that the definition should not include the value of the house that one was living in.
“If you still have a million in hand after you convert the value of your other properties, investments and have paid of all your debts, then you are a millionaire,” she added.
Financial adviser Fred Wong said making a million was not a problem these days as long as people were willing to work hard but being self-employed and investing wisely was the better route to riches.

Source: Star Online, 18 August 2012

Millionaires’ secret to success- Ganesh Kumar & Joey Yap

PETALING JAYA: Ganesh Kumar Bangah made his first million at the age of 23.
The secret, he said, was as simple as knowing what people needed and delivering it to them.
“I knew what I was good at, which was IT. I used that to come up with something of value to the world.
“I also worked hard and persevered until I reached the goals I had set for myself,” said Ganesh, now 33 and the CEO of MOL Global Bhd, a company worth over RM1bil.
<b>Young and rich:</b> Ganesh (left) and Yap made their first million at the age of 23 and 26 respectively.Young and rich: Ganesh (left) and Yap made their first million at the age of 23 and 26 respectively.
He said that even when he was only 15, he had been using his skills to make money, like repairing his teachers' computers for a fee.
At the age of 20, he started his own company, which made him a millionaire in three years.
“Be focused and set new goals for yourself to keep climbing higher. Real wealth is the satisfaction you get when you overcome a new challenge that brings rewards. Financial wealth should just be a by-product.”
Feng shui master and multi-millionaire Joey Yap said learning to make good use of time was a key ingredient to achieving financial success.
“In business, time is money, so make sure you use your time to acquire things of good value. Find out what your strengths are, work on your weaknesses and hone your talents,” said Yap, 35, who made his first million at age 26 by selling his first feng shui home study course.
However, having RM1mil does not necessarily make people feel rich, especially for those raising children in the city.
Carol Leong, 57, a mother of three, said it costs more than the amount for an average family to live in the city and raise a child to adulthood.
“There are medical bills, tuition fees, various expenses and their education to pay for. For our family, it has definitely come up to more than RM1mil per child,” she said.
Leong, a lawyer, said she and her businessman husband had placed their money in various investments, which in the long run had helped pay for tertiary education overseas for their three children.
“I would advise young parents living in the city and who are just starting a family to invest to secure some income for the future,” she added.

Source: Star Online, 18 August 2012

Thursday, August 2, 2012

FGV, IHH's strong fundamentals attract retail investors, says Frost & Sullivan

SINGAPORE: Companies with strong fundamentals in growth sectors and with strong institutional support will be looked at favourably by retail investors as evident from the Felda Global Ventures Bhd (FGVH) andIHH Healthcare listings, a leading corporate leader said.
Sanjay Singh, Vice-President for Asia-Pacific Business Financial Services, Frost & Sullivan, said with the current economic uncertainties, "we've heard about postponements of some of the mega initial public offerings (IPOs) globally F1 and Graff Diamonds.
"I believe investors are very choosy about the companies they would like to invest in," he told Bernama.
Nevertheless, FGVH and IHH Halthcare went ahead with their listings despite the volatile world economic environment, which has delayed other major public offerings in Asia, including a planned US$2.5 billion Formula One listing in Singapore.
FGVH surged 20 per cent in its trading debut on June 28, dubbed as the world's second largest IPO this year, while IHH, Asia's biggest hospital operator, saw double listing in Malaysia and Singapore on July 25, which surged over 10 per cent upon its debut as the world's third largest IPO.
FGVH is the second largest oil palm plantation company in terms of planted area and the largest sugar refiner in Malaysia.
Its 49 per cent-owned Felda Holdings Bhd is the world's largest crude palm oil (CPO) producer and second largest palm oil refiner in the country.
IHH's IPO has been oversubscribed by 132 times globally and in Singapore itself it has been oversubscribed by 11 times.
It is a leading player in home markets in Singapore, Malaysia and Turkey and the key markets of China, Hong Kong and India.
It is also present in Vietnam, Brunei and Macedonia and employs over 24,000 people and operate over 4,900 licensed beds across 30 hospitals worldwide.
Frost & Sullivan, the growth partnership company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market players. - Bernama