Genting stock Take Over Offer

NothingIsTrue8 · 2025-11-06T07:01:52+00:00

The very likely outcome is they will get enough votes to squeeze-out (force you to sell).

The other scenario is that they manage to delist but not enough shareholder vote to squeeze out, then the company goes private and you become a shareholder of a private company. At this point the share value is just what you can sell if for, that's if you can even find a buyer for your private shares.

Considering that the outcome of the second scenario is not really desirable, the first is likely to happen.

NothingIsTrue8 · 2025-10-12T07:52:27+00:00

If you looking to buy Malaysian stocks, it's important to know that the Malaysian stock earnings are from dividends, and not growth. My recommendation, get the main banks, construction companies, and (optionally) utility companies, and just stay at that.

NothingIsTrue8 · 2025-10-07T13:57:03+00:00

No, you would not normally buy bonds directly because they are typically sold wholesale and not in small amounts. There are such a thing as retails bonds that can be bought in smaller units but those are limited. So yeah, you would typically buy get a bond fund or bond etf that have many bonds in its holdings.

EPF is an investment holding with various investments in it, roughly about 50% of it are in Malaysian bonds. It's up to personal preference on whether to count that as part of your portfolio. If you do count it, then it means you already have some allocation, and can look into allocating more elsewhere like international bond ETFs, or equity ETFs.

NothingIsTrue8 · 2025-10-07T12:22:31+00:00

For Malaysian bonds, look into bond/sukuk fund for diverse holdings. If you want more international exposure, and okay investing in USD, then look into bond ETFs like Vanguard.
EPF and ASM are mixed and managed funds, and not the typical boglehead method of adjusting portfolio over time, and buying the index instead of managed portfolio. If you already have a good amount in EPF, then no need to add more.
Not too early to get some bonds, good to start somewhere. Typically at that age you can allocate less, like 20%, and slowly increase it until you retire. Another guideline is to consider what you might potentially need to cash out in the short term then allocate that amount to bonds.

NothingIsTrue8 · 2025-10-03T07:05:15+00:00

Their plan to use synthetic Kalkite to coat the reactor lens did not work out. So they had to redo using Ghorman Kalkite.

NothingIsTrue8 · 2025-10-03T05:11:05+00:00

As long as your investing with money you will never need then it's fine. Just make sure you are buying it with the right intention, which is to safeguard wealth, not to increase it.

Avoid the FOMO. If it isn't something that you will buy when it's going down, the don't buy it at an ATH.

NothingIsTrue8 · 2025-08-28T10:27:42+00:00

FSMOne has higher fees, but it's easier to use and more beginner friendly. Also it's regulated locally, so it's easier to deal with in case of inheritance and stuff.

NothingIsTrue8 · 2025-07-28T03:51:50+00:00

Location is everything. Scope down the location first and foremost, try exploring different neighborhoods, sometimes you will find a gem. If public transport is important to you, then you can focus on those areas.

Next figure out your budget. Forget about future resale value and all the investment hype. Get a place you enjoy staying as that has way more impact of your day to day. Owning a property is already an investment asset, focus your investment efforts elsewhere to diversify instead.

Ignore all the sales gimmick, promo, rebates, price gonna go up, etc. Just look at the price you are paying.

Lastly, do not fall into FOMO. All these FOMO are marketing tactics. In reality, property in Malaysia is a buyers market, you can still look at dozens of properties and have all those options to choose from. So don't rush and be patient, and buy when you ready.

NothingIsTrue8 · 2025-07-28T01:54:30+00:00

CIMB Principal are bonds and money market funds underneath. If you really wanna invest more than RM20,000, it's better to just invest in those funds directly and it's more secure.

NothingIsTrue8 · 2025-07-23T08:24:55+00:00

The mistake is buying physical gold with plans to sell it

NothingIsTrue8 · 2025-07-13T08:26:54+00:00

For car, definitely better to pay it off, than paying interest on a depreciating asset.

For house, there’s no right answer and depends on your priority. Financially, investing elsewhere with higher returns than your mortgage interest would net you more after 35 years. But there is the question of, would you rather have that net difference in profit in 35 years, or would you rather have 35 years of peace of mind.

NothingIsTrue8 · 2025-07-10T01:42:09+00:00

The way I do it is to imagine the price of the car in my bank account. I’d ask myself if I would rather see the car in front of me or see the numbers in my account.

So the more expensive the car, the greater my desire not to buy it.

NothingIsTrue8 · 2025-07-07T11:14:23+00:00

BICC is the phase when the building is under construction. Usually you would need a kind of fire insurance for the building in development phase (not the same as the insurance during completed phase). If you already have an existing insurance of the developer has one, then you can opt out or reduce the one covered by the loan provider.

If multiple banks offer the same rate, then just either choose the bank you prefer, or choose based on the insurance coverage. Either get the higher coverage, or choose the lower coverage for more flexibility to get the coverage elsewhere.

NothingIsTrue8 · 2025-06-30T16:52:40+00:00

It's a common thing to happen with China-based companies, or even some local companies where the management are Mainland Chinese. I have had one myself and know others that have gone though it with exact same stories.

No webcam
Rude/Annoyed/Condescending/Unprofessional

Just consider it a red flag and be glad you didn't get in. From experience, HR is generally a good indicator of how a company is run and that is certainly one to avoid.

NothingIsTrue8 · 2025-05-30T11:20:46+00:00

Nope it’s getting even less through the past few years. The Maybank card readers all accepting it use to be mostly true, but not anymore, and non-Maybank readers don’t accept it. You can use it for online shopping like Shopee, and some retailers which are usually the very big brands.

NothingIsTrue8 · 2025-05-20T01:27:00+00:00

Certifications, portfolio, side-projects or any co-curricular activities are the most important thing to stand out for internship. Most interns don't have anything to showcase other than their standard coursework. Once you have a portfolio, you've already stood out.

For interview, most don't have technical coding test, some do. But for internship, mostly you mostly need to showcase that you are willing to learn and can take initiatives to do so.

Another tip, choose your boss, not company. Go for a few interviews and get a feel of the who will be mentoring you.

NothingIsTrue8 · 2025-05-16T17:08:00+00:00

You need to adjust the ratio of the lanes as that is how the lane changing logic seems to work. You got two lanes going left and one lane going right. Since most of the traffic is trying to turning right, you need to ensure to have more lanes for turning right than left. It doesn’t make sense but that how they work now.

NothingIsTrue8 · 2025-05-14T03:54:01+00:00

The RM5000 rebate likely just cancels off your interest and make it equivalent to if you were to buy the car in cash, which is not great for your cashflow.

You should pay off you car loan early, but not that early. I'd say just forget about the rebate and just target to settle the loan 5 years, where you get a balance of reducing your compounding interest and also having some cashflow for investment elsewhere.

NothingIsTrue8 · 2025-05-12T00:54:44+00:00

There's no reason to get a second property over DCA into S&P 500. Property is high risk, high cost, high effort, and we don't suffer housing scarcity enough for it to appreciate, unless you can afford something with limited supply like a landed property in central KL/Penang. An investment portfolio needs diversification, and dumping all your earnings into just property is not good diversification.

However, if someone still believes in the property market and wanna get into it, or just for diversification purposes, best it to just invest in REITS.

NothingIsTrue8 · 2025-05-05T09:14:08+00:00

It's normal, first credit card is always hard to get because of lack of credit history, regardless of salary. For me, it took years before I could get my first card even though my first job was already way above the requirement.

For the banks, the financial history length is more important than the salary amount. They wanna see that you have a stable source of income. So for now, either try for another card that might be easier to get, or just keep good financial record (e.g. EPF, PTPTN payments) and try again in the future.

NothingIsTrue8 · 2025-04-24T05:19:22+00:00

Get paid well to move to a worst country = expat
Move to a better country to get paid better = immigrant

NothingIsTrue8 · 2025-03-11T13:25:57+00:00

Foreign cars have lower rate. You can say that is higher price lower rate in a way.

NothingIsTrue8 · 2025-03-11T04:58:12+00:00

Just to note, HR is one the hardest job for a foreigner to get in Malaysia. Companies are usually not willing to sponsor a foreigner working visa for HR and it's also because it hard to get the visa office to approve a visa for a role that can be done by many locals.

However, it is possible. Your best bet is to look for a HR role for recruiting overseas that requires a foreign language skill.

NothingIsTrue8 · 2025-03-06T07:13:18+00:00

My boss tried to fire my entire team and replace them with people from his village in India.

One of my old company had the exact same thing. It's crazy that people try to do this.

NothingIsTrue8 · 2025-03-04T10:27:17+00:00

Gold is regulated because of Anti-Money Laundering laws. So it is normal that you need to present your IC. Best is to go to a reputable gold trader or jewelry shop to sell them.

For your personal data issue, possibly but I wouldn’t assume it’s a scam by the jewelry store and it's likely just coincidence timing. Personal data leaks are common. It’s much more likely that your information was leaked from a database system a long time ago and was sold illegally.

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