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22 April 2024

Who are in the "Policy Advisory Committee to the Prime Minister (PMAC)"?

Well, during Tun Mahathir's 2nd stint as our PM in 2018, he set up "council of elders" comprising 5 experts from various fields whom will serve as advisors to the then government in order to rectify the then 'troubled' economic problems of the country. (Read here: Knowing the 5 'Avengers' of “Council of Elders” by Tun Mahathir)


Now, our PMX DS Anwar Ibrahim are doing the same by setting up the Policy Advisory Committee to the Prime Minister (PMAC) comprising 4 experts, and it was headed by one of the expert from the previous "council of elders" 👀👌

Who are they?

12 April 2024

My Bank Called me asking for Personal Details? Should I Answer it?

Had you ever encountered that your banks called you and seeking additional info from you? Should you picked up the call? Should you answered the questions being posted over the phone?

Aiyoyo... Scam call is very common nowadays. How do we know which call is legitimate or not oh?


Due to the seriousness of this matter, The Association of Banks in Malaysia (ABM) and the Association of Islamic Banking and Financial Institutions Malaysia (AIBIM) today reiterate that its member banks will not ask for sensitive customer information such as online banking username and password, and credit or debit card number via phone calls

However...

29 March 2024

ECF Tax Exemption Filing Guide and Clarification

Well, well, well... To all Equity Crowdfunding (ECF) investors, you should be getting the confirmation certificates for those of you, ECF investors, who are entitled to income tax exemptions for the Assessment Year 2023 (YA2023).


ECF investments made by individuals in 2021 would be eligible for the tax exemption in YA 2023. What are the other eligible requirements? Still remember?

(#Throwback here for you to read: How to Qualify for ECF Tax Incentive in Malaysia?) 👈

Coming back to this topic, how to file it during tax e-filing submission? 👀

25 March 2024

New IPO: Prolintas Infra Business Trust

News of the listing of Prolintas has been making the rounds since 2017. Finally, it was being materialised now with the IPO listing. Why this IPO is considered quite unique in the eyes of investors?


First and foremost, there are no pure highway concessionaires that are listed to cater for investors seeking steady dividend returns. Oh really none? Yes, none after the delistings of LITRAK and PLUS.

So, what are the key points for Prolintas?

24 March 2024

Quantum Metal Exchange Inc (QMEI) Share Offering?

Sunday, 24 March 2024. Yes, although today is Sunday, Securities Commission Malaysia (SC) still working to release this statement to alert the public. You know how serious is SC on combating potential investment scams in Malaysia.


🚨 Investor Alert! 🚨 

The Securities Commission Malaysia (SC) today has directed Dato’ Lim Khong Soon @ Lim Hock Seng, the Founder and Director of Quantum Metal Exchange Inc (QMEI), to immediately cease and desist the offering of QMEI shares to the Malaysian public.

Share Offering?