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...

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? 👀

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?

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?

MAG Recorded 1st ever Net Profit since XXX years ago

"Amazing", I have to say this 😀. This has been one of the long-term problem plaguing the financial health of the nation, like a cash-sucking entity which we just don't want to dump it.

Sure, we have to write an article on this historic news in order to keep a memorable record here 😄

Malaysia Aviation Group (MAG) achieved positive operating profit for the 2nd consecutive year at RM889mil, a 64% improvement from RM540mil in 2022. Cash balance stood at RM4.3bil with no capital injections from main shareholder, Khazanah Nasional Berhad, since October 2021. 😍😍😍