Risk profile of PNB118 Tower as Part of Warisan Merdeka Development Plan

To assess investment performance, we are able to look at the annual report of our investment (ASB investors can refer to ASB annual report). As a concerned investor, we can always carry out in-depth study of the project background as well as its risk profile. Since our investment with PNB is easy to liquidate, if we don’t trust PNB anymore in investing our money, there are other investment options for us to use.

Investing in high-risk business may expose them to bigger potential of losing their wealth. Therefore, in order to keep their investors from investing somewhere else, they need to keep on investing in low risk sectors while maximizing profit.

A little bit of background regarding the 14.5ha land purchase (location of Stadium Merdeka and Stadium Negara):

16 years ago, PNB paid RM 220 per sqft to Pengurusan Danaharta Nasional Bhd. 10 years later, the market value of the land has appreciated to RM 800 per sqft (source: http://www.thestar.com.my/business/business-news/2010/10/23/warisan-merdeka–a-beacon-to-pnbs-future/). I think they already made some profit there.

Instead of cashing in the profit, they decided to grow it by doing more development to surrouding land while preserving heritage value of those two buildings mentioned before.

The project is handled by PNB Merdeka Ventures Sdn Bhd, a company wholly-owned by PNB. As a concerned citizen (and investor), there are many opportunities for us to voice out our concerns and learn more about the project so that opportunists won’t be able to take advantage of our ignorance.

Originally published on Transport Malaysia on 16 October 2016.

COVID-19: Discounts and Promotions from Digi

In response to the Movement Control Order (MCO) issued by Malaysian government effective from 18 March 2020 to 20 March 2020, Digi has managed to put up together some good freebies, discounts and promotions for its customers. The campaign applies for both prepaid and postpaid customers.

Refer to the following announcement from Digi:

#DigiCares: Keeping Malaysians and Businesses Connected

With the ongoing Movement Control Order, Digi is committed to helping you stay connected to what matters most. We’re making enhancements to our products and services to help you get through during these times of uncertainty.

Starting 21st – 31st March 2020, subscribers will have access to:


Free Internet and Calls for Digi Prepaid and Digi Prepaid Broadband Users

Stay up-to-date with free internet and  calls to all networks with every reload of RM10 and above.

 

– Enjoy free 300MB + 5 Mins calls  when you reload RM10 – RM29.99. Valid for 3 days


– Enjoy free 1GB + 15 Mins calls when you reload RM30 and above. Valid for  7 days. 


With MyDigi app, you can reload your Digi Prepaid and Digi Prepaid Broadband at the comfort of your own home. Click here to go to the MyDigi app or reload on the web here.

 

Get 1GB Free Daily Internet with Digi Postpaid and Digi Postpaid Broadband

To give you more flexibility whether working or staying from home, all Postpaid Voice and Broadband Subscribers will receive free 1GB Internet daily, available to use from 8.00 a.m. to 6.00 p.m.
Click here to redeem your free Internet on the MyDigi app.

Do note that this offer is available to all Postpaid and Broadband subscribers excluding Postpaid Infinite Plans subscribers.

 

Ensure Your Child’s Productivity with MyDigi Subscriptions

As schools are closed around the country, you can be sure that the learning never stops! We’re helping the learning continue with:

– Free access to Malaysia’s curriculum resources on our digital learning hub https://jomstudi.my from 2.00 p.m. to 8.00 p.m, and free all  day long beginning 24th March 2020..

– Besides that, enjoy a one-month access to UPSR and SPM curriculums on Classruum for only RM1 when the pass is purchased on the MyDigi app here

 

Helping You Stay Connected To What Matters Most

Need help to manage your Digi account? All of our platforms continue to be available during this time:

– Manage your account or make purchases via the MyDigi app or MyDigi web and the Digi Online Store.

– Our Customer Care hotline, Live Chat services and social media platforms including Facebook, Twitter and Community portal continue to be available for you to reach out to.

– Do note that Digi Stores are temporarily closed based on directive by the authorities. However, you can still perform transactions at alternative locations and methods such as Digi Kiosks, convenience stores, mini marts, hypermarkets, e-wallets, online banking, ATMs and petrol station marts.

 

Be sure that you stay up-to-date with the latest enhancements and information only on the Digi Community portal.

Source: Digi Community portal

COVID-19: Fighting Rumours with Facts

Since early 2020, Malaysians have been talking about Coronavirus Disease 2019 (COVID-19) all over social platforms including social media and social messaging. Earlier today on 19 March 2020, one fake news even suggested that military helicopters will be involved in “disinfecting” the country from COVID-19. If helicopters are being used, one should wonder how many of it is required to spray whole Kuala Lumpur area (and subsequently, whole country). It is simply technically impossible to carry out such thing (read: that is a fake news).

Every day, the authorities have to spend their time answering questions from the citizens or even journalists about some fake news items being spread throughout the social platforms. Malaysian Commission of Multimedia and Communication (MCMC) has also set up a dedicated website to combat fake news (sebenarnya.my). The website is updated regularly, even during crisis times such as during the Movement Control Order (MCO). However, many of the news outlets are not highlighting the website as a trustworthy medium to verify the authenticity of fake news circulating around us.

The occurence of COVID-19 outbreak this year has brought many new thing to us. For example, the National Security Council (Majlis Keselamatan Negara – MKN) has published a list of social media / messaging platforms that the citizens can refer to in order to get latest information.

Ministry of Health (MOH) has also being careful with the amount of information that they release to the public. In an apparent compliance with Personal Data Protection Act (PDPA) 2010, MOH has never release any personally-identifiable information regarding its patients. Indeed, the collective responsibility carried out by MOH employees to safeguard patients’ information is something that everyone should applaud.

A fake FAQ list has also prompted the actual one to come out. The fake FAQ has been circulating around since 18 March 2020 while the authentic one was published only on 19 March 2020. Due to tremendous amount of queries received from the public, it prompts the government to come up with an actual one. The fake one looks totally legitimate though. 

What is Co-located CIQ Facilities?

Co-located CIQ facilities is an arrangement of Customs, Immigration and Quarantine facilities made in such a way that the travelling experience can be better for the users.

For example, in the upcoming KL – Singapore High Speed Rail (KL-SG HSR) project, travellers can expect to clear customs and immigration for both countries (Malaysia and Singapore) at their departure station. This will enable seamless travel experience as travellers can disembark from their train without further customs and immigration check at the destination station.

Source: The Straits Times

[ Review ] Pascasejarah by Fahd Razy

Pascasejarah is a Malay-language fiction book written by Fahd Razy, a young author based in Terengganu, Malaysia.

Pascasejarah: the book

Pascasejarah by Fahd Razy
Pascasejarah by Fahd Razy

I managed to finish the book in just several days because it is quite easy to read. Nevertheless, the selection of words and phrases in the book almost always leaves me in awe while reading it.

The setting of the book is some time in the future. Alternate forms of civilization are forming in place of ruins left by today’s civilization. Through the setting, Pascasejarah brings you to a journey through an era in the future. The book comes with a premise that history always repeats itself. There are plot twists in almost every chapter. At the end of each chapter, I silently wished that the chapters can be longer with more details about the plot twist. Maybe the omission of detail is deliberate so that we can think of the additional details by our own.

Pro (or not so pro) tip: If you want to go through the book at your own time, I would recommend you to read the book chapter by chapter. This is because the chapters are sorted in a loose chronology. Besides, the book also appears to be some form of hybrid between a full-fledged novel and a collection of short stories.

Pascasejarah: the author

A doctor by profession, Fahd Razy has introduced himself before through various writings about life as a doctor. He was also actively involved in Grup Karyawan Luar Negara (GKLN), a small group of writer community among Malaysian students overseas.

Jamaica Blue, Melawati Mall, Kuala Lumpur – 4 Sep 2017

Recently I visited Jamaica Blue coffee shop at Melawati Mall in Kuala Lumpur. For the uninitiated, Melawati Mall is a new shopping mall located at Taman Melawati, Kuala Lumpur.

Jamaica Blue, Melawati Mall - 4 Sep 2017
Jamaica Blue, Melawati Mall – 4 Sep 2017

The menu offering is quite diverse and customers must place their order at the cashier counter. Then, the waitstaff will be deliver your order to you after they have finished preparing it. While the ambiance feels very much like other coffee shops, the order system is similar like Old Town café, which requires payment in advance.

Three Cheese Macaroni - Jamaica Blue, Melawati Mall - 4 Sep 2017
Three Cheese Macaroni – Jamaica Blue, Melawati Mall – 4 Sep 2017

Jamaica Blue, Melawati Mall menu

During our visit, the cashier was friendly and recommended us some specials from the café. However, I was more inclined to their three cheese macaroni. Hence, I ordered that item.

Pricing for beverage is not transparent. Only a single price is shown although the beverage comes in three sizes. This has created a negative experience for consumers as they often end up paying more when they decided to go for larger cup of coffee. Creativity is more than welcomed but there is no need to reinvent the wheel. If Starbucks and many orher coffee shops can be transparent with their pricing, why can’t you?

 

MyKuali Penang White Curry

MyKuali is a Malaysian instant noodle brand. Their Penang White curry is our favorite.

Although the price is quite expensive for an instant noodle, it is totally worth it.


Pro tip: for Penang White Curry flavor, try to cook it with less gravy. Since you are not able to eat it while it is still piping hot, do not immerse the noodle in the gravy for too long while cooking. After it softens, turn off the stove, allowing the noodle to soften even more while it is cooling down.