Why the Menara KL concession got sold by TM? Reason is here...

Ever since the news broke out that the iconic Menara KL was being sold 'quietly' to an unknown company right before the GE15 election, many parties are questioning the deal.

It was first highlighted by major news channels since Communications and Digital Minister Fahmi Fadzil has called for an official probe to be carried out into claims that the ownership of KL Tower was transferred from Telekom Malaysia to a company, Hydroshoppe Sdn Bhd.

And, we designed a very interesting photo too 😜

(TNG eWallet) How to Earn Unlimited PayDirect Toll & Parking Rebates?

It's the festive season again, and I know that you all will be traveling nationwide. Do you wanna know how to save some of your toll and parking fees? Here you go...

Quick. Read this before it's over!

• First, you must have Touch'nGo eWallet
• Second, you should use PayDirect
• Third, enjoy your rebates! 💖

What is PayDirect™?

Understanding the new FTSE4Good Bursa Malaysia Index Futures (F4GM)

Too dull to trade KLCI Futures (FKLI) and wanna do *good* moving forward? Then, you should understand the new index futures here...

Bursa Malaysia Derivatives Berhad launched the cash-settled FTSE4Good Bursa Malaysia Index Futures (“F4GM”) Contract, aiming to meet the growing demand from Malaysian investors to include sustainable investment themes into their portfolios.

What is F4GM?

PRS Tax Relief EXTENDED to Year 2025

This is the only type of investment in Malaysia, which entitled you (individual investor) to personal tax relief.

✖ Not shares

✖ Not unit trust

✖ Not property

💖 It's Private Retirement Scheme (PRS) 💖

Saving for your retirement comes with more savings through PRS Tax Relief. Whether you are newly enroled or looking to top up your account, you will love the PRS Tax Relief of up to RM3,000 annually.

Prime Minister Datuk Seri Anwar Ibrahim's first Cabinet

The Cabinet of Malaysia is the executive branch of the Government of Malaysia. Led by the Prime Minister, the cabinet is a council of ministers who are accountable collectively to the Parliament.

Formally, the Yang di-Pertuan Agong appoints all Ministers on the advice of the Prime Minister.

The composition of the Cabinet and the number of portfolios depend mainly on the Prime Minister's wishes at the time. However, the post of Finance Minister (not Finance Malaysia ya 😛) was considered so important as to be necessary.

And, here is the complete list of cabinet ministers
(and with some of our own comments/opinions):

QL Resources joins KLCI constituent, Finally...

FTSE Russell and Bursa Malaysia Berhad (“Bursa Malaysia”) today announced two constituent changes to the FTSE Bursa Malaysia KLCI, following the December 2022 semi-annual review of the FTSE Bursa Malaysia Index Series.

The index series is reviewed semi-annually in June and December in accordance with the index ground rules.

The FTSE Bursa Malaysia KLCI, which is part of the FTSE Bursa Malaysia Index Series, is widely used by investors as the primary benchmark for the Malaysian market, including derivatives, through the FTSE Bursa Malaysia KLCI Futures (FKLI) and the FTSE Bursa Malaysia KLCI Options (OKLI).

The benchmarks are also tracked by several index-linked financial products, such as exchange-traded funds.

Following the semi-annual review, changes to the FTSE Bursa Malaysia Index Series are as follows: