4:1 unit split for MAAKL Progress Fund

You might have noticed that since 23 December 2009, the NAV per unit of MAAKL Progress Fund has reduced tremendously.

This is because this unit trust fund has undergone a 4:1 (four additional units for every one unit held) unit split, and the price at 22 December 2009 has been adjusted from RM1.2626 to RM0.2525 accordingly. Unit holders will find their units increases by 4 times by 23 December 2009.

Unit holders with an online account can login to their Investor Service website to see the additional units credited into their account.

This exercise didn't have any change or impact to the profit/loss of the unit holders. It just merely reduce the unit price to a cheaper rate.

To calculate your return of investment in this MAAKL unit trust fund, you can adjust all the historical prices of MAAKL Progress Fund before 23 December 2009 by dividing it with 5. This will get you the correct chart to show its price movement.

Today MAAKL Progress Fund closed at RM0.2560, which shows a 1.39% increased since the unit split last week.

Click here to read the official announcement about MAAKL Progress Fund 4:1 unit split.

Accor Hotels Asia offers more than 30% savings deal for MasterCard holders

This is a Sponsored Post written by me on behalf of Syndacast. All opinions are 100% mine.

The world's leading hotel operator, Accor Hotels, is currently offering an exclusive deal for MasterCard credit card or debit card holders from now until 31 January 2010.

As much as 188 hotels in Asia are participated in this MasterCard Cardholder - Exclusive Deal promotion, including the famous brands of:

When you book a 3 consecutive night stay at any of the participating hotels with your MasterCard, you only need to pay for 2 nights during check out - equilvalent to a discount of 33.34% on the Best Unrestricted Rate or Premium Rate!

Note that in order to enjoy this offer, booking has to be made at least 1 day prior to your date of arrival.

Good news to Accor Advantage Plus members - you are also eligible for an additional 10% discount on top of this!

On top of that, by booking and paying with MasterCard during this campaign period, you stand a chance to win a 3 night stay in a private villa at the 5-star Pullman Sanya Yalong Bay Resort!

The 3 nights private Villa prize at Pullman Sanya Yalong Bay for 10 winners is valued at approximately US$1000 each, which includes:

• 1 bedroom
• 1 King bed
  
• Separate living room
• Private garden
• Private swimming pool
• Jacuzzi
• Outdoor massage area
  

Click here for more information about this MasterCard Cardholder - Exclusive Deal, and the list of 188 participating hotels.

Office Reader the free open source application for Symbian & UIQ3 to open ODF files

Most of us already know that Microsoft Office documents can be opened in our smartphone by using applications such as Documents To Go or Quickoffice.

But how about the documents in Open Document Format (ODF) which is the De facto standard of OpenOffice.org, IBM Lotus Symphony, Go-oo, KOffice, AbiWord, etc?

Well, Office Reader is the ODF documents reader for Symbian and UIQ3 smartphones which is able to read OpenDocument text (.odt), spreadsheet (.ods) and presentation (.odp) as well as support for OpenOffice.org Hybrid PDF file.

Being a GPL version 3 open source application, Office Reader is free for use. It is sponsored by NLnet Foundation and Odendahl SEPT-Solutions. Odendahl SEPT-Solutions is the company that produced Mobile Office.

Office Reader is capable to open ODF documents directly from email attachments, MMS, Bluetooth, filebrowser as well as webbrowser.

The main limitation is: it can only read the documents, but not write to them.

Click here for more information and download of Office Reader.