Bursa Malaysia to introduce new trading system soon

You might be awared from your remisier or securities firm about the news that Bursa Malaysia is going to deploy a new trading system called Bursa Trade Securities (BTS) soon, which is being developed with US-based Atos Euronext Market Solutions Ltd. This move is said to enhance the current equities and derivatives system to become a modern trading infrastructure.

The new system features a real-time matching compared to the current 10 second matching. It will has transparent pre-opening price, the best price limits info will be extended from the current 3 prices to 5. The closing price will also change from the current "last done price" to a "natural closing price".

This trading system upgrade will also initiate an upgrade to most of the online trading facilities provided by the securities firms, which require an upgrade to newer version of Java Runtime Environment (JRE).

You can click here to learn more about the new BTS system.

Petronas Win Free Petrol for 3 Years Contest

The Petronas "Win Free Petrol for 3 Years" Contest run from 18 August 2008 until 17 November 2008. It is opened to Malaysian citizen aged 18 and above who spend a minimum of RM30 in one transaction at any Petronas service stations with any Petronas affiliated Visa or Mastercard credit or debit card, ATM Bankcard, SmartPay or cash with Kad Mesra.

Cardholders who spend a minimum of RM30 in one transaction at any Petronas service stations during the Contest Period are automatically eligible for one entry. Any additional RM30 spent in a single receipt shall be treated as another entry. For example, a transaction of RM60 will entitle the Cardholder to two entries.

During each month of the Contest Period, 1 winner will be selected to win the Grand Prize and 799 winners will be selected to win the Consolation Prizes. In addition, for every month, an additional 88 lucky Petronas Maybankard Visa winners will be selected to win the special consolation prize.

The prizes are as follow:

• Grand Prize - Free fuel for 3 years for 1 winner per calendar month valued at RM28,800.
• Consolation Prizes - 3X refill of value purchased at Petronas Service Station for 799 winners per month. The maximum 3X refill of value purchased is RM600 only.
• Special Consolation Prizes - 8X refill of value purchased at Petronas Service Station for 88 Petronas Maybankard Visa winners per month. The maximum 8X refill of value purchased is RM1,600 only.

Potential winners will be notified via telephone calls for verification and the potential winners are required to answer one simple question to get the prize.

3% petrol rebate for Petronas CIMB Mastercard

Today when I pump petrol in the Petronas station, I noticed their advertisement of providing 3% rebate for Petronas CIMB Mastercard. Currently, petrol expenditure with Petronas CIMB Mastercard at Petronas stations will get 2% rebate only.

However, I noticed that this 3% rebate is a promotion, valid from 18 September 2008 until 17 November 2008 only. This will make Petronas CIMB Mastercard to be one of the credit cards providing the highest amount of petrol rebate, competitive to the Shell Citibank Gold Credit Card.

Beside that, the 5X TreatsPoints promotion of Petronas Maybankard Visa which just ended by 31 July 2008 is also extended from 1 August 2008 until 31 December 2008.