Friday, August 7, 2020

Bursa Malaysia RM150 cashback for ETF investment

There are 19 Exchange Traded Funds (ETFs) listed in Bursa Malaysia, and majority of them are thinly traded.

One of the more active one is GOLDETF (0828EA), which is also risen the most among the ETFs in Bursa Malaysia, with more than 28% 1 year historical return as of today.

Bursa Malaysia has just rolled out an ETF cashback program. An investor who invests (buys) one or multiple Bursa-listed ETFs with cumulative value of RM3,000 and above within the program period will be eligible to receive Touch ‘n Go eWallet Reload PIN worth RM150.


Terms and conditions:
  • Program period is valid from 3 August to 2 November, 2020.
  • Investors who invest (buy) one or multiple Bursa-Listed ETFs (stock code beginning with "08") with cumulative value of RM3,000 and above within the Program period will be eligible to receive a Touch ' Go eWallet Reload PIN worth RM150.
  • All above ETF buy trades must be carried out in the investor's Direct CDS Account.
  • Investors who have not made any buy or sell trades in Bursa-listed ETFs from 1 January 2020 until 2 August 2020 are eligible for this Program.
  • Limited to the first 500 eligible investors only.

Sunday, July 26, 2020

Renting a Medklinn air ionizer instead of buying it

Among the many air and surface sterilizing products in the market, Medklinn ionizer has been proven effective in sterilizing the air and surface around it by killing the bacteria and viruses,  as well as eliminating allergens, bad odours, smoke, dust, moulds and pollution.



Recently, Medklinn has started to provide renting as an option to use their air ionizer, other than buying it.

Benefits of renting instead of buying:

  • You can terminate the rental after a minimum 3 months period. This enables you to try out the product with small cost, after that, you may opt to continue or terminate the renting. Upon termination, you can opt to buy a brand new product, or just discontinue using the product.
  • You will get 1-to-1 replacement for faulty, malfunction or damaged unit, provided it is not intentionally damaged.
  • You will get free cartridge replacement every year, until the end of rental period after 3 years.

Disbenefit of renting instead of buying:
  • After 3 years, when the rental period is completed, you need to return the unit to Medklinn.
  • The total cost of using the unit with renting for 3 years is higher than buying the product and buying new replacement cartridge every year.

Other considerations:
  • The warranty period of Medklinn product is 15 months, after you register your bought product in their website. By renting, you effectively extend the warranty period of your product to 36 months.
  • Normally, Medklinn will come out with new model every 2-3 years. By renting, you can always use the latest model of the product. Even if you buy and keep the product, being an electronic product, it will still have a lifespan and will degrade from year to year.
  • If you buy the product, certain credit card allows you to split the cost to 12 months installment. If you rent the product, your credit card will be charged at a relatively smaller amount every month for 36 months.
For the case of Medklinn Asens+20 indoor ionizer:

If you opt for buying, the cost is:
  • Medklinn Asens+20 = RM560
  • 2x cartridge = 2 x RM139 = RM278
Total cost (3 years) = RM838

If you opt for renting, the cost is:
  • 1st year = 12 x RM36 = RM432
  • 2nd year = 12 x RM25 = RM300
  • 3rd year = 12 x RM16 = RM192
  • 2x cartridge = RM0
Total cost (3 years) = RM924

Different between renting and buying = RM86

For the case of Medklinn Autoplus car ionizer:


If you opt for buying, the cost is:
  • Medklinn Autoplus = RM439
  • 2x cartridge = 2 x RM90 = RM180
Total cost (3 years) = RM619

If you opt for renting, the cost is:
  • 1st year = 12 x RM26 = RM312
  • 2nd year = 12 x RM19 = RM228
  • 3rd year = 12 x RM13 = RM156
  • 2x cartridge = RM0
Total cost (3 years) = RM696

Different between renting and buying = RM77

So, which option is better for you? You decide yourself.


Wednesday, July 15, 2020

Strategic Doing - 10 Skills for Agile Leadership

Strategic Doing - 10 Skills for Agile Leadership is a book published in 2019 by Wiley and authored by Edward Morrison, Scott Hutcheson, Elizabeth Nilsen, Janyce Fadden, and Nancy Franklin. Famous musician Yo-Yo Ma (马友友) has written the foreword for it.


Undeniably, complex challenges are all around us nowadays. They impact our companies, our communities, and our planet. This complexity and the emergence of networks are changing the practice of strategic management.

Today’s leaders need to understand how to design and guide complex collaborations to accelerate innovation and change - collaborations that cross boundaries both inside and outside organizations.

Strategic Doing introduces you to the new disciplines of agile strategy and collaborative leadership. You’ll learn how to design and guide complex collaborations by following a discipline of simple rules that you won’t find anywhere else.
  • Unleash the power of true collaboration
  • Learn and master the 10 skills of agile leadership
  • Apply individual skills to targeted situations
  • Introduces a new discipline of leadership strategy

Filled with compelling case studies, Strategic Doing outlines a new discipline of leadership strategy specifically designed for open, loosely-connected networks.

The book’s authors are both practitioners and teachers of Strategic Doing, helping others to master the skills. Solidly based in research, Strategic Doing explains each of the skills in detail and clearly illustrates how individual skills are used as part of effective collaboration.

The 10 skills for agile leadership as discussed in the book encompass:
  • Create and maintain a safe space for deep, focused conversation
  • Frame the conversation with the right question
  • Identify your assets, including the hidden ones
  • Link and leverage assets to identify new opportunities
  • Look for the “Big Easy”
  • Convert your ideas to outcomes with measurable characteristics
  • Start slowly to go fast – But start
  • Draft short-term action plans that include everyone
  • Set 30/30 meetings to review, learn, and adjust
  • Nudge, connect, and promote to reinforce new habits

This 188 pages book is available in both physical format as well as e-book format.


Hint: Click on the "Older Posts" link to continue reading, or click here for a listing of all my past 3 months articles.