eDividend to replace cheque and direct credit dividend entitlements into our bank account

Starting from 19 April 2010, investors in KLSE can opt to receive dividend payments from public listed companies in the form of eDividend instead of the traditional way of receiving dividend cheques.

This will bring convenient to share investors using direct trading account(s), although doesn't make much different to those using nominee account(s).

Common problems such as delay receipt of dividend cheque, lost cheque, cheque expired, etc. will be eliminated, as dividend payment will be directly credited into our bank account if we've applied for this eDividend service. After the money is banked in, we will receive eNotification via email and/or SMS.

We can register for eDividend with our stock broker. There will be no cost incurred if we apply for eDividend within the period from 19 April 2010 until 18 April 2011.

The following are needed when applying for eDividend:

• Fill up a 3-ply eDividend form, and provide info about our bank account number, email, mobile number, etc.
• Copy of bank statement
• Copy of NRIC / Passport / Authority Card

The registration process of eDividend is as follow.

And the eDividend payment flow is as follow.

All companies listed in KLSE who announce a books closing date for dividend entitlements on or after 1 September 2010 are required to pay dividends via eDividend to their shareholders who have registered for this service.

Click here for more information about eDividend.

Tan Teng Boo will conduct 2 seminars, 1 for fundamental analysis, 1 for technical analysis

You might be awared that Mr Tan Teng Boo (陈鼎武), the founder and key person of iCapital and Capital Dynamics, is going to conduct 2 seminars, 1 for fundamental analysis, 1 for technical analysis, together with his team.

Seminar 1: Understand Economic Indicators, Invest Successfully

Date: 10 April 2010 (Saturday)
Time: 8am- 5pm
Venue: Renaissance Kuala Lumpur

"Where is the global economy heading? Is China on the verge of a collapse? Will global interest rates keep rising? How will it impact currencies, economic growth and stock markets?"

"The comprehensive seminar will explain the methodology used for various economic indicators and their interpretation. It will look at the current economic structures and sources of growth of the US, China, Eurozone, Japan, Australia, Singapore and Malaysia, as well as their distinctive individual characteristics. The vital economic indicators of each economy will be presented and their implications explained."

Indicators:

• Gross Domestic Product
• Consumer Price Index
• Money Aggregates
• Balance of Payments
• Producer Price Index
• Money Supply
• Performance of Manufacturing Index
• Performances of Construction Index
• Index of Commodity Prices
• Performance of Services Index
• Leading Indicator of Employment
• International Trade in Goods and Services
• Interest Rates
• Building Approvals
• Business Indicators
• Inflation
• Real Estate Index
• Retail Sales
• Bank Lending
• New Auto Sales
• Tourist Arrival

Seminar 2: Understand Technical Analysis, Trade Successfully

Date: 11 April 2010 (Sunday)
Time: 8am- 5pm
Venue: Renaissance Kuala Lumpur

"Whilst many are sidelined, some savvy traders and investors are profiting handsomely from this volatility. To trade successfully, you must understand the risk return relationship and have the discipline to follow trading rules. Not just any arbitrary rules, but proven ones from knowing technical analysis and chart formations."


Click here for more information, pricing and registration form for the 2 seminars of Tan Teng Boo.

Have you activated your free complimentary Purchase Protection Plan for MasterCard?

If you are holding any MasterCard credit card issued in Malaysia, here is a good news to you.

MasterCard now offers their credit card holders a free complimentary Purchase Protection Plan (PPP), underwritten by Chartis Malaysia Insurance Berhad (CMI, formerly known as AIG General Insurance (M) Berhad).

This policy insures against loss or damage of your Personal Property / Items purchased (either locally or overseas) with your MasterCard credit card, in the event of Theft, Burglary, Robbery and Accidental Damage within 30 days from the date of items purchased.

The coverage is as follow.

Classic/Gold/Titanium/Premium/Platinum credit cards:

• Limit for Any One Occurrence: RM1,500
• Annual Aggregate Limit: RM7,500

WorldCard:

• Limit for Any One Occurrence: RM1,500
• Annual Aggregate Limit: RM10,000

All you need to do is to activate the plan by sending an SMS to 36660 (refer to their website or advertisement in newspaper for detailed instruction) or telephone to 1300-80-2988 within office hour. The plan is valid for 1 year from the policy effective date. No premium is payable as this plan gives you 12 months complimentary coverage.

This is the SMS I got after I sent my activation SMS to 36660.

Imagine that you are so unluckly to be robbed a few minutes after you bought a jewelry with your credit card; or you accidentally dropped a newly purchased camera / handphone / laptop. Now at least you can get the compensation from this Purchase Protection Plan. And since it is free, there is nothing to lose to activate it.

Click here for more information about the free Purchase Protection Plan for MasterCard.